SIMS

State Street SPDR S&P Kensho Intelligent Structures ETF

$43.23
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The SPDR S&P Kensho Intelligent Structures ETF (SIMS) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Intelligent Infrastructure Index.

Overview

ETF tracking State Street SPDR S&P Kensho Intelligent Structures ETF

Category Other
Issuer State Street
Inception Date 2017-12-27
Market Cap $9.9M
Average Volume N/A
Dividend Yield 0.46%
52-Week Range $26.70 - $47.78
VWAP $43.15

Performance

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Investment Summary

📎 Investment Objective

The SPDR S&P Kensho Intelligent Structures ETF (SIMS) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Intelligent Infrastructure Index.

🎯 Investment Strategy

The fund employs a passive management approach, attempting to track the performance of the underlying index. The index is designed to measure the performance of U.S.-listed companies that are involved in the development and application of intelligent infrastructure technologies.

✨ Key Features

  • Provides exposure to companies involved in intelligent infrastructure technologies
  • Tracks the S&P Kensho Intelligent Infrastructure Index
  • Employs a passive, index-tracking investment strategy
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector
  • Potential volatility due to the fund's exposure to emerging technologies
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
  • Liquidity risk due to the fund's relatively small asset base

👤 Best For

This ETF may be suitable for investors seeking exposure to the intelligent infrastructure technology sector as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility associated with this thematic fund.