HAIL
State Street SPDR S&P Kensho Smart Mobility ETF
📎 Investment Objective
The SPDR S&P Kensho Smart Mobility ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Smart Mobility Index.
Overview
ETF tracking State Street SPDR S&P Kensho Smart Mobility ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P Kensho Smart Mobility ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Smart Mobility Index.
🎯 Investment Strategy
The fund invests in companies that are involved in the development of autonomous and electric vehicles, as well as other smart mobility technologies. The index aims to capture the performance of companies at the forefront of smart mobility innovation.
✨ Key Features
- Provides exposure to companies driving advancements in autonomous, electric, and other smart mobility technologies
- Diversified portfolio across various sub-sectors of the smart mobility industry
- Passively managed to track the S&P Kensho Smart Mobility Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Volatility risk as the smart mobility industry is still emerging and rapidly evolving
- Liquidity risk due to the fund's relatively small asset size
- Tracking error risk as the fund may not perfectly replicate the performance of its underlying index
👤 Best For
This ETF may be suitable for investors with a long-term investment horizon who are looking to gain exposure to the growth potential of the smart mobility industry. Due to the fund's sector-specific focus and potential volatility, it is best suited for investors with a higher risk tolerance as part of a diversified portfolio.