Spdr Galaxy Transformative Etf Profile
| TEKX Etf | 34.66 0.67 1.97% |
Performance20 of 100
| Odds Of DistressLess than 9
|
SPDR Galaxy is trading at 34.66 as of the 30th of November 2024; that is 1.97 percent increase since the beginning of the trading day. The etf's open price was 33.99. SPDR Galaxy 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 Galaxy Transformative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
SPDR Galaxy is entity of United States. It is traded as Etf on NASDAQ exchange. More on SPDR Galaxy Transformative
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2024-09-09 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 6.8 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Global Advisors Funds Management Inc. |
| Advisor | SSGA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Christopher Rhine, Paul Cappelli, Ian Kolman |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 44.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Code | TEKX |
| Updated At | 29th of November 2024 |
| Name | SPDR Galaxy Transformative Tech Accelerators ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01PNQ58M3 |
| Type | ETF |
SPDR Galaxy Transformative [TEKX] is traded in USA and was established null. The fund is listed under Technology. The entity is thematically classified as Strategy ETFs. SPDR Galaxy Transfor at this time have in assets.
Check SPDR Galaxy Probability Of Bankruptcy
Geographic Allocation (%)
SPDR Galaxy Transfor Currency Exposure
SPDR Galaxy Transformative 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 Galaxy 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 Galaxy Transformative.
SPDR Galaxy Transfor 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 Galaxy. 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 | 0.2094 | |||
| Jensen Alpha | 0.3878 | |||
| Total Risk Alpha | 0.204 | |||
| Sortino Ratio | 0.2562 |
SPDR Galaxy Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Galaxy Transformative. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of SPDR Galaxy Transfor 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 Galaxy's value that differs from its market value or its book value, called intrinsic value, which is SPDR Galaxy'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 Galaxy's market value can be influenced by many factors that don't directly affect SPDR Galaxy'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 Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Galaxy'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.