Spdr Sp Kensho Etf Profile

ROKT Etf  USD 60.12  0.99  1.67%   

Performance

23 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR SP is selling for under 60.12 as of the 30th of November 2024; that is 1.67 percent up since the beginning of the trading day. The etf's last reported lowest price was 59.48. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SPDR SP Kensho are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th 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 SP Kensho

Moving together with SPDR Etf

  0.92XLI Industrial Select SectorPairCorr
  0.88DRVN Driven Brands HoldingsPairCorr
  0.78ITA iShares Aerospace DefensePairCorr
  0.94VIS Vanguard IndustrialsPairCorr
  0.89JETS US Global JetsPairCorr
  0.97FXR First Trust IndustriPairCorr

Moving against SPDR Etf

  0.95BITI ProShares TrustPairCorr
  0.74HART IQ Healthy HeartsPairCorr
  0.58GREI Goldman Sachs FuturePairCorr
  0.38PRME Prime Medicine, CommonPairCorr

SPDR Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Industrials, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2018-10-22
BenchmarkS&P Kensho Final Frontiers Index
Entity TypeRegulated Investment Company
Asset Under Management20.1 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Global Advisors Funds Management Inc.
AdvisorSSGA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerMichael Feehily, Kala ODonnell, Kathleen Morgan
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents38.0
Market MakerCitadel
Total Expense0.45
Management Fee0.45
Country NameUSA
Returns Y T D32.78
NameSPDR SP Kensho Final Frontiers
Currency CodeUSD
Open FigiBBG00M9BL9V0
In Threey Volatility20.18
1y Volatility15.88
200 Day M A47.2096
50 Day M A52.6314
CodeROKT
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.3
SPDR SP Kensho [ROKT] is traded in USA and was established 2018-10-19. The fund is listed under Industrials category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Strategy ETFs. SPDR SP Kensho at this time have 15.61 M in assets. , while the total return for the last 3 years was 15.4%.
Check SPDR SP 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 SP Kensho 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.

Top SPDR SP Kensho Etf Constituents

MAXRMaxar TechnologiesStockIndustrials
TDYTeledyne Technologies IncorporatedStockIndustrials
SPCEVirgin Galactic HoldingsStockIndustrials
RTXRaytheon Technologies CorpStockIndustrials
NOCNorthrop GrummanStockIndustrials
MRCYMercury SystemsStockIndustrials
AJRDAerojet Rocketdyne HoldingsStockIndustrials
LMTLockheed MartinStockIndustrials
More Details

SPDR SP Kensho 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 SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

SPDR SP Against Markets

When determining whether SPDR SP Kensho 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 Sp Kensho Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Sp Kensho Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR SP Kensho. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of SPDR SP Kensho 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.