TEKXState Street Galaxy Transformative Tech Accelerators ETF

Grow my money1y track recordRanked #2,584 of 2,960 in this goal

Seeks long-term capital appreciation.

By State Street Investment Management · Launched 2024

Annual Cost

0.65%

#3,297 of 5,562 · average

Fund Size

$12M

#4,688 of 5,562 · small

Return (1Y)Goal

+147.0%

Track Record

1 year

#3,793 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$25,233+152.3%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

Focus

Artificial Intelligence

What it actually holds

By weight

Concentration

Top 10 holdings = 58.0% of fundmoderately concentrated

Core Scientific Inc

12.3%

Riot Platforms Inc

10.4%

Cleanspark Inc

5.6%

Bitfarms Ltd/Canada

4.8%

Siemens Energy AG

4.7%

Cipher Mining Inc

4.6%

Alphabet Inc

4.6%

Vertiv Holdings Co

4.0%

Coherent Corp

3.6%

Hubbell Inc

3.5%

Asset allocation

Stocks

98.7%

Cash

1.3%

By sector

Technology

54.1%

Financial Services

24.5%

Industrials

11.2%

Utilities

5.3%

Basic Materials

3.6%

Energy

1.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

38.2%High

Year-on-year price swings

Max drawdown

-45.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NASDAQ Global Market, NASDAQ Global Select Market

Full fund details

Objective: Seeks long-term capital appreciation.
Strategy: Invests primarily in equity securities of foreign and domestic Transformative Tech Accelerators, focusing on companies involved in disruptive technologies like blockchain and AI. Actively managed, the Fund employs macroeconomic, fundamental, and quantitative analyses to select investments, concentrating in industries such as semiconductors, energy, and software.
Inception date: September 9, 2024
Fund family: State Street Investment Management