Key stats
About SPDR S&P Kensho New Economies Composite ETF
Expense ratio
0.20%
Home page
Inception date
Oct 22, 2018
KOMP looks for companies from developed and emerging markets that are transforming the economy by driving innovation and advancements in new economy technologies. The funds underlying index is a composite of various S&P New Economy sub-indexes, each constructed around a theme such as autonomous vehicles, 3D printing, genetic engineering, nanotechnology, and the like. The sub-indexes themselves rely on AI to select constituentsa computer algorithm scans company filings for relevant terms, selects holdings, and classifies them as core or non-core based on the frequency and position of these terms. Holdings within each sub-index are initially equal-weighted, with an overweight applied to core firms. KOMPs underlying composite index weights each sub-index by a proprietary risk/return ratio. The index rebalances on a semi-annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.46%
Technology Services30.17%
Electronic Technology26.44%
Health Technology9.81%
Finance8.47%
Producer Manufacturing6.46%
Commercial Services5.41%
Consumer Durables1.73%
Utilities1.64%
Retail Trade1.47%
Process Industries1.45%
Health Services1.39%
Distribution Services1.04%
Non-Energy Minerals0.98%
Communications0.96%
Transportation0.66%
Industrial Services0.63%
Energy Minerals0.34%
Consumer Services0.20%
Consumer Non-Durables0.20%
Bonds, Cash & Other0.54%
Cash0.54%
Stock breakdown by region
North America98.91%
Middle East1.09%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history