KOMP
State Street SPDR S&P Kensho New Economies Composite ETF
📎 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
Performance
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% | - |
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