Spdr Kensho New Etf Profile
| KOMP Etf | USD 54.26 0.49 0.91% |
Performance12 of 100
| Odds Of DistressLess than 9
|
SPDR Kensho is selling at 54.26 as of the 28th of November 2024; that is 0.91 percent increase since the beginning of the trading day. The etf's last reported lowest price was 53.89. SPDR Kensho has less than a 9 % chance of experiencing financial distress in the next few years and had a good 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 9th of December 2022 and ending today, the 28th of November 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
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Mid-Cap Growth, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2018-10-22 |
| Benchmark | S&P Kensho New Economies Composite Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.2 Billion |
| Average Trading Valume | 134,227 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | SSGA Funds Management, Inc. |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Mark Krivitsky, Kala ODonnell |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 472 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 17.02 |
| Name | SPDR Kensho New Economies Composite |
| Currency Code | USD |
| Open Figi | BBG00M9BL6G3 |
| In Threey Volatility | 24.97 |
| 1y Volatility | 22.11 |
| 200 Day M A | 47.5915 |
| 50 Day M A | 50.2728 |
| Code | KOMP |
| Updated At | 26th of November 2024 |
| Currency Name | US 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 Strategy ETFs. SPDR Kensho New now have 1.52 B in assets. , while the total return for the last 3 years was -4.1%.
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
| LMT | Lockheed Martin | Stock | Industrials | |
| WKHS | Workhorse Group | Stock | Consumer Discretionary | |
| AYX | Alteryx | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| GRMN | Garmin | Stock | Consumer Discretionary | |
| FARO | FARO Technologies | Stock | Information Technology | |
| NOC | Northrop Grumman | Stock | Industrials | |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
SPDR Kensho Top Holders
| TMAT | Main Thematic Innovation | Etf | Global Small/Mid Stock |
SPDR Kensho New Risk Profiles
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.
| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0297 |
SPDR Kensho Against Markets
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 Stocks Directory module to find actively traded stocks across global markets.
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.