FITE - ETF AI Analysis

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SPDR S&P Kensho Future Security ETF (FITE)

Rating:65Neutral

Price Target:―

FITE, the SPDR S&P Kensho Future Security ETF, earns a solid overall rating thanks to several strong core holdings like Palo Alto Networks, Moog, Teledyne Technologies, and Lockheed Martin, which all show robust financial performance and positive earnings outlooks in key security and defense technologies. However, weaker names such as Red Cat Holdings and Ducommun, which face profitability challenges and bearish technical trends, modestly drag on the fund’s appeal. The main risk is that many top holdings share similar valuation and technical concerns—such as signs of overvaluation or bearish momentum—creating vulnerability if sentiment toward these sectors turns negative.

Positive Factors

Strong Recent Performance

The ETF has shown strong gains so far this year and in recent months, indicating positive momentum.

Top Holdings with Solid Gains

Several of the largest positions, including companies like Planet Labs, Red Cat Holdings, and Kratos Defense, have delivered strong year-to-date performance that supports the fund’s returns.

Focused Exposure to Security and Defense Technology

The fund’s heavy tilt toward technology and industrial companies tied to future security themes offers targeted exposure to a growing niche area.

Negative Factors

High Sector Concentration

With most assets in technology and industrials, the ETF is vulnerable if these sectors face a downturn.

Limited Geographic Diversification

The portfolio is almost entirely invested in U.S. companies, providing little diversification across global markets.

Moderate Expense Ratio

The fund’s expense ratio is higher than many broad market ETFs, which can slightly reduce net returns over time.

FITE vs. SPDR S&P 500 ETF (SPY)

AUM111.47M

RegionNorth America

Expense Ratio0.45%

Beta1.12

IssuerSPDR

Inception DateDec 26, 2017

Dividend Yield0.22%

Asset ClassEquity

Index TrackedS&P Kensho Future Security

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume16,060

30 Day Avg. Volume12,100

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

112.16

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering77

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FITE Summary

FITE is the SPDR S&P Kensho Future Security ETF, which follows the S&P Kensho Future Security Index. It focuses on companies involved in cybersecurity, surveillance, and defense technology, mainly in the U.S. Well-known holdings include Boeing and Lockheed Martin, along with smaller, more specialized security and space-tech firms. Someone might invest in FITE to seek growth from rising demand for both digital and physical security, while getting a basket of related companies instead of picking single stocks. A key risk is that it is heavily focused on security and defense, so it can be more volatile and can go up and down with that sector.

How much will it cost me?The SPDR S&P Kensho Future Security ETF (FITE) has an expense ratio of 0.45%, which means you’ll pay $4.50 per year for every $1,000 invested. This is slightly higher than average because it is a thematic ETF that focuses on a specific sector and requires more active management to track innovative security technologies.

What would affect this ETF?The SPDR S&P Kensho Future Security ETF (FITE) could benefit from increasing demand for cybersecurity and defense technologies as global digital threats and geopolitical tensions rise. However, it may face challenges if economic conditions weaken, reducing corporate and government spending on security solutions, or if regulatory changes impact technology or defense sectors. With its strong focus on U.S.-based technology and industrial companies, the ETF is well-positioned to capitalize on innovation but remains sensitive to sector-specific risks.

FITE Top 10 Holdings

FITE is essentially a bet on the future of security, with a heavy tilt toward U.S. tech and defense names. Defense contractors like Lockheed Martin, Elbit Systems, Moog, and Esco Technologies are doing the heavy lifting, with steadily rising share prices powered by strong backlogs and solid earnings. On the more adventurous side, space and surveillance plays like Planet Labs and Rocket Lab are swinging harder, with mixed but generally improving momentum. Meanwhile, Red Cat and Kratos are more of a wild card, adding growth potential but also some drag when sentiment turns cautious.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
PL	Planet Labs PBC	2.65%	$2.93M	$8.62B	536.00%	57 Neutral
RCAT	Red Cat Holdings	2.37%	$2.62M	$1.93B	226.46%	53 Neutral
ESLT	Elbit Systems	2.36%	$2.61M	₪125.59B	148.76%	73 Outperform
PANW	Palo Alto Networks	2.22%	$2.46M	$134.58B	-8.11%	73 Outperform
DCO	Ducommun	1.92%	$2.12M	$1.94B	119.45%	58 Neutral
LMT	Lockheed Martin	1.88%	$2.08M	$149.43B	40.73%	70 Outperform
ESE	Esco Technologies	1.80%	$1.99M	$7.01B	72.50%	70 Neutral
NOC	Northrop Grumman	1.78%	$1.97M	$104.05B	54.32%	76 Outperform
OII	Oceaneering International	1.78%	$1.97M	$3.51B	82.54%	73 Outperform
IRDM	Iridium Communications	1.78%	$1.97M	$2.60B	-9.32%	71 Outperform

FITE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

91.10

Negative

100DMA

88.22

Positive

200DMA

83.27

Positive

Market Momentum

MACD

-0.07

Negative

RSI

50.32

Neutral

STOCH

60.29

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FITE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 89.55, equal to the 50-day MA of 91.10, and equal to the 200-day MA of 83.27, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 50.32 is Neutral, neither overbought nor oversold. The STOCH value of 60.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FITE.

FITE Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FITE	―	―	$111.47M	0.45%	65 Neutral
IYZ	―	―	$785.77M	0.38%	71 Outperform
SAMT	―	―	$491.07M	0.65%	60 Neutral
FFOX	―	―	$198.68M	1.02%	65 Neutral
DUNK	―	―	$128.47M	0.75%	73 Outperform
TRFM	―	―	$126.76M	0.49%	67 Neutral

Performance Comparison

FITE

SPDR S&P Kensho Future Security ETF

88.93

27.01

43.62%

IYZ

iShares U.S. Telecommunications ETF

―

SAMT

Strategas Macro Thematic Opportunities ETF

―

FFOX

FundX Future Fund Opportunities ETF

―

DUNK

Dana Unconstrained Equity ETF

―

TRFM

AAM Transformers ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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