Spdr Kensho New Etf Profile

KOMP Etf  USD 47.44  0.50  1.07%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR Kensho is selling at 47.44 as of the 14th of June 2024; that is 1.07 percent up since the beginning of the trading day. The etf's last reported lowest price was 47.3. SPDR Kensho has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SPDR Kensho New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of May 2024 and ending today, the 14th of June 2024. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Kensho is traded on NYSEARCA Exchange in the United States. More on SPDR Kensho New

Moving together with SPDR Etf

  0.87VOT Vanguard Mid CapPairCorr
  0.76IWP iShares Russell MidPairCorr
  0.9IJK iShares SP MidPairCorr

SPDR Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTheme ETFs, Strategy ETFs, Mid-Cap Growth, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2018-10-22
BenchmarkS&P Kensho New Economies Composite Index
Entity TypeRegulated Investment Company
Asset Under Management1.93 Billion
Average Trading Valume103,029.4
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianSSGA Funds Management, Inc.
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerMichael Feehily, Mark Krivitsky, Kala ODonnell
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents438
Market MakerJane Street
Total Expense0.2
Management Fee0.2
Country NameUSA
Returns Y T D1.77
NameSPDR Kensho New Economies Composite
Currency CodeUSD
Open FigiBBG00M9BL6G3
In Threey Volatility25.4
1y Volatility29.18
200 Day M A43.8268
50 Day M A46.2682
CodeKOMP
Updated At14th of June 2024
Currency NameUS Dollar
SPDR Kensho New [KOMP] is traded in USA and was established 2018-10-19. The fund is listed under Mid-Cap Growth category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Theme ETFs. SPDR Kensho New now have 1.52 B in assets. , while the total return for the last 3 years was -10.1%.
Check SPDR Kensho Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Kensho New Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

SPDR Kensho New Currency Exposure

SPDR Kensho New holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR Kensho will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR Kensho New.

Top SPDR Kensho New Etf Constituents

MASIMasimoStockHealth Care
MVISMicrovisionStockInformation Technology
ZMZoom Video CommunicationsStockInformation Technology
RMBSRambus IncStockInformation Technology
LMTLockheed MartinStockIndustrials
FOSLFossil GroupStockConsumer Discretionary
AAPLApple IncStockInformation Technology
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SPDR Kensho Top Holders

TMATMain Thematic InnovationEtfGlobal Small/Mid Stock
More Details

SPDR Kensho New Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Kensho market risk premium is the additional return an investor will receive from holding SPDR Kensho long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Kensho. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Kensho's alpha and beta are two of the key measurements used to evaluate SPDR Kensho's performance over the market, the standard measures of volatility play an important role as well.

SPDR Kensho Against Markets

Additional Information and Resources on Investing in SPDR Etf

When determining whether SPDR Kensho New is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Kensho New Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Kensho New Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Kensho New. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of SPDR Kensho New is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.