Key stats
About SPDR Galaxy Transformative Tech Accelerators ETF
Home page
Inception date
Sep 9, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78470P6631
TEKX aims to maximize returns by investing globally in Transformative Tech Accelerators. These companies support the growth of disruptive technologies such as blockchain and AI, spanning sectors like semiconductors, energy production, data centers, cloud computing, and AI advancement. Portfolio construction employs a valuation framework that integrates macroeconomic, fundamental, and quantitative analyses. This involves assessing economic indicators, evaluating the intrinsic value of investments, and performing technical analysis to identify market trends. By combining these analyses, TEKX seeks to optimize sector allocations and stock selection, leveraging technological innovations and market developments for potential growth. Investments are concentrated in the electrical equipment, oil, gas & consumable fuels, semiconductors & semiconductor equipment, and software industries.
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
Producer Manufacturing
Electronic Technology
Stocks98.22%
Technology Services41.72%
Producer Manufacturing15.09%
Electronic Technology13.89%
Finance9.86%
Utilities7.84%
Commercial Services6.01%
Energy Minerals1.93%
Non-Energy Minerals1.90%
Bonds, Cash & Other1.78%
Mutual fund1.75%
Cash0.03%
Stock breakdown by region
North America85.88%
Europe8.66%
Asia3.82%
Middle East1.64%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TEKX invests in stocks. The fund's major sectors are Technology Services, with 41.72% stocks, and Producer Manufacturing, with 15.09% of the basket. The assets are mostly located in the North America region.
TEKX top holdings are Core Scientific Inc and Riot Platforms, Inc., occupying 16.09% and 6.68% of the portfolio correspondingly.
TEKX last dividends amounted to 0.96 USD. The year before, the issuer paid 0.01 USD in dividends, which shows a 99.44% increase.
TEKX assets under management is 2.44 M USD. It's risen 23.78% over the last month.
TEKX fund flows account for −3.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TEKX pays dividends to its holders with the dividend yield of 0.01%. The last dividend (Dec 31, 2024) amounted to 0.97 USD. The dividends are paid annually.
TEKX shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Sep 9, 2024, and its management style is Active.
TEKX expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
TEKX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TEKX invests in stocks.
TEKX price has risen by 21.70% over the last month, and its yearly performance shows a 37.89% increase. See more dynamics on TEKX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 21.72% over the last month, showed a 39.04% increase in three-month performance and has increased by 43.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 21.72% over the last month, showed a 39.04% increase in three-month performance and has increased by 43.13% in a year.
TEKX trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.