KOMP

State Street SPDR S&P Kensho New Economies Composite ETF

$60.02
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The SPDR S&P Kensho New Economies Composite ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho New Economies Composite Index.

Overview

ETF tracking State Street SPDR S&P Kensho New Economies Composite ETF

Category Innovation
Issuer State Street
Inception Date 2018-10-23
Market Cap $2.5B
Average Volume N/A
Dividend Yield 0.95%
52-Week Range $40.86 - $65.57
VWAP $60.10

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR S&P Kensho New Economies Composite ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho New Economies Composite Index.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the performance of the S&P Kensho New Economies Composite Index, which is designed to capture companies that are at the forefront of innovation across a broad range of new and emerging technology-driven industries.

✨ Key Features

  • Broad exposure to companies at the forefront of innovation across multiple sectors
  • Tracks the S&P Kensho New Economies Composite Index, which is designed to capture the next generation of innovative companies
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Investing in innovative and emerging technologies carries higher risk and volatility
  • Lack of long-term performance history makes it difficult to evaluate the fund's long-term viability
  • Concentration in specific sectors or industries may increase risk
  • Potential for higher trading costs and lower liquidity compared to more established funds

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to a diversified portfolio of innovative and emerging technology-driven companies. However, due to the fund's limited performance history, it may not be appropriate for more conservative or risk-averse investors.

Top Holdings

Rank Ticker Name Weight Sector
1 BE BLOOM ENERGY CORP A 1.06% -
2 PSN PARSONS CORP 1.01% -
3 KTOS KRATOS DEFENSE + SECURITY 0.99% -
4 ESLT ELBIT SYSTEMS LTD 0.98% -
5 AMBA AMBARELLA INC 0.93% -
6 PTC PTC INC 0.86% -
7 TDY TELEDYNE TECHNOLOGIES INC 0.84% -
8 LDOS LEIDOS HOLDINGS INC 0.83% -
9 VSAT VIASAT INC 0.80% -
10 LYFT LYFT INC A 0.80% -
11 IREN IREN LTD 0.73% -
12 SANM SANMINA CORP 0.70% -
13 IRTC IRHYTHM TECHNOLOGIES INC 0.70% -
14 BIDU BAIDU INC SPON ADR 0.69% -
15 ORA ORMAT TECHNOLOGIES INC 0.67% -