KOMPState Street SPDR S&P Kensho New Economies Composite ETF

Grow my money7y track recordRanked #342 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of the S&P Kensho New Economies Composite Index.

By State Street Investment Management · Launched 2018

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$3.0B

#585 of 5,562 · large

Return (1Y)Goal

+40.1%

Track Record

7 years

#1,830 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$13,988+39.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

General Innovation

Index tracked

S&P Kensho New Economies Composite Index

What it actually holds

By weight

Concentration

Top 10 holdings = 18.9% of fund✓ well diversified

State Street Global Advisors

10.1%

Elbit Systems Ltd

1.3%

AeroVironment Inc

1.2%

Bruker Corp

1.0%

Teledyne Technologies Inc

1.0%

Parsons Corp

1.0%

Vuzix Corp

0.9%

PTC Inc

0.9%

Ondas Holdings Inc

0.8%

Leidos Holdings Inc

0.8%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

35.5%

Industrials

27.7%

Healthcare

11.1%

Financial Services

6.2%

Communication

5.3%

Utilities

4.8%

Consumer Cyclical

4.3%

Basic Materials

2.5%

Other

2.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

24.5%High

Year-on-year price swings

Max drawdown

-50.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.70Decent risk-adjusted returns

Sortino (3Y)

1.02Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of the S&P Kensho New Economies Composite Index.
Strategy: Employs a sampling strategy to track the S&P Kensho New Economies Composite Index, investing at least 80% of total assets in its securities. The Fund may also invest in cash equivalents and may concentrate in industries as per the Index. The Index captures companies driving innovation through technology and is comprised of U.S.-listed equity securities across developed and emerging markets, reconstituted and rebalanced semi-annually.
Inception date: October 19, 2018
Fund family: State Street Investment Management