Spdr Sp Kensho Etf Profile
| FITE Etf | USD 70.37 0.66 0.95% |
Performance11 of 100
| Odds Of DistressLess than 9
|
SPDR SP is trading at 70.37 as of the 31st of January 2025, a 0.95% up since the beginning of the trading day. The etf's lowest day price was 69.54. SPDR SP 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. The performance scores are derived for the period starting the 11th of February 2023 and ending today, the 31st of January 2025. 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
| 0.76 | VGT | Vanguard Information | PairCorr |
| 0.63 | XLK | Technology Select Sector | PairCorr |
| 0.75 | IYW | iShares Technology ETF | PairCorr |
| 0.85 | CIBR | First Trust NASDAQ Sell-off Trend | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Technology, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2017-12-16 |
| Benchmark | S&P Kensho Future Security Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 91.5 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | SSgA 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 | Kathleen Morgan, Kala O'Donnell |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 80.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 5.12 |
| Name | SPDR SP Kensho Future Security |
| Currency Code | USD |
| Open Figi | BBG00JHP6203 |
| In Threey Volatility | 19.62 |
| 1y Volatility | 15.92 |
| 200 Day M A | 60.8577 |
| 50 Day M A | 68.0214 |
| Code | FITE |
| Updated At | 31st of January 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.31 |
SPDR SP Kensho [FITE] is traded in USA and was established 2017-12-18. The fund is listed under Technology category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Theme ETFs. SPDR SP Kensho currently have 31.78 M in assets under management (AUM). , while the total return for the last 3 years was 15.0%.
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
| NOC | Northrop Grumman | Stock | Industrials | |
| OSPN | OneSpan | Stock | Information Technology | |
| TDY | Teledyne Technologies Incorporated | Stock | Industrials | |
| ATEN | A10 Network | Stock | Information Technology | |
| LDOS | Leidos Holdings | Stock | Information Technology | |
| AKAM | Akamai Technologies | Stock | Information Technology | |
| VRNS | Varonis Systems | Stock | Information Technology | |
| PANW | Palo Alto Networks | Stock | Information Technology |
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.
| Risk Adjusted Performance | 0.1115 | |||
| Jensen Alpha | 0.17 | |||
| Total Risk Alpha | 0.0197 | |||
| Sortino Ratio | 0.0573 |
SPDR SP Against Markets
Check out Investing Opportunities 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 estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.