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
Health Technology
Stocks99.90%
Technology Services25.25%
Electronic Technology23.61%
Health Technology14.27%
Finance8.40%
Producer Manufacturing8.12%
Commercial Services4.97%
Utilities3.54%
Consumer Durables2.12%
Process Industries1.72%
Distribution Services1.33%
Retail Trade1.30%
Health Services1.17%
Non-Energy Minerals1.13%
Communications1.05%
Industrial Services0.89%
Transportation0.49%
Consumer Non-Durables0.22%
Energy Minerals0.18%
Consumer Services0.13%
Bonds, Cash & Other0.10%
Cash0.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history