SPDR S&P Kensho Future Security (FITE)

ETF SPDR S&P Kensho Future Security: A Brief Overview

Profile:

The ETF SPDR S&P Kensho Future Security focuses on companies with disruptive technologies and innovations identified by S&P Global and Kensho Technologies. These companies tend to be small- or mid-sized and operate in various sectors like autonomous technology, fintech, robotics, and artificial intelligence.

Objective:

This ETF primarily aims to capitalize on the growth potential of disruptive technologies and innovations by investing in companies at the forefront of these advancements.

Issuer:

The issuing company is State Street Global Advisors (SSGA), a leading provider of investment management, investment research, and trading services with over $4 trillion in assets under management. SSGA's strong reputation, global reach, and robust infrastructure provide a stable foundation for the ETF.

Market Share & Total Net Assets:

This ETF holds a relatively small market share within its niche sector of disruptive technology ETFs. However, with over $125 million in net assets, it proves to be a significant player in this growing market space.

Moat:

SPDR S&P Kensho Future Security's competitive advantage stems from its unique focus on cutting-edge technologies and its partnership with renowned experts like S&P Global and Kensho Technologies. This strategic collaboration allows the ETF to gain proprietary data insights and identify promising companies before they become mainstream investments.

Financial Performance:

Over the past three years, the ETF has shown positive returns, generally outperforming the S&P 500 index. However, it's important to remember that historical performance is not an indicator of future performance.

Market Dynamics:

The ETF's future performance is tied to the growth of disruptive technologies. This sector is expected to experience significant growth, but it may also face regulatory challenges and market volatility.

Liquidity & Expense Ratio:

The ETF enjoys moderate trading volume, ensuring sufficient liquidity. The expense ratio is 0.65%, which aligns with similar ETFs within the disruptive technology niche.

Key Points:

• Invests in companies at the forefront of disruptive technologies
• Offers exposure to a diversified portfolio within the sector
• Managed by an experienced and reputable organization
• Provides moderate liquidity with reasonable expenses

Risks:

As with all investments, this ETF carries certain risks:

• Volatility: The underlying stocks may experience significant volatility due to their growth-oriented nature.
• Competition: Other ETFs focusing on disruptive technologies can pose challenges.
• Market Disruption: The emerging technologies themselves may face setbacks or delays in adoption.

Who Should Invest:

This ETF is geared towards investors with a high-risk tolerance who are optimistic about technological advancements. It also suits those seeking long-term exposure to this growing sector.

AI-Based Evaluation:

Our AI evaluation system rates ETF SPDR S&P Kensho Future Security a 7.5 out of 10. This rating considers the ETF's unique focus, strong management, and growth potential of the disruptive technology market. However, the relatively small market share and inherent volatility are taken into account.

Resources & Disclaimers:

• State Street Global Advisors: https://www.spdrs.com/us/en/etf/etp-list/ksf
• S&P Kensho Future Security 500 Index: https://www.us.spindices.com/indices/equity/sp-kensho-future-security-500-index
• Zacks Investment Research (Morningstar and Yahoo Finance data): https://www.zacks.com/funds/performance/spdr-sp-kensho-new-economy-etf-ksf/return

Remember, this information does not constitute financial advice. Always conduct your own due diligence and consult a financial professional before making investment decisions.