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KOMP - ETF AI Analysis
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SPDR S&P Kensho New Economies Composite ETF (KOMP)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, indicating strong overall momentum.
Broad Sector Diversification
The fund invests across multiple sectors, including technology, industrials, and healthcare, reducing reliance on any single industry.
Low Expense Ratio
With a competitive expense ratio of 0.2%, the ETF allows investors to keep more of their returns.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with limited exposure to international markets, increasing vulnerability to domestic economic changes.
Mixed Performance Among Top Holdings
While some top holdings have performed well, others have lagged or delivered negative returns, creating uneven contributions to the fund’s performance.
Overweight in Technology
The fund has significant exposure to the technology sector, which could amplify risks during periods of tech market volatility.
KOMP vs. SPDR S&P 500 ETF (SPY)
AUM2.62B
RegionGlobal
Expense Ratio0.20%
Beta1.21
IssuerSPDR
Inception DateOct 22, 2018
Dividend Yield1.68%
Asset ClassEquity
Index TrackedS&P Kensho New Economies Composite Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume105,033
30 Day Avg. Volume113,605
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
78.98Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering481
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KOMP Summary
The SPDR S&P Kensho New Economies Composite ETF (KOMP) is an investment fund that focuses on companies driving innovation and shaping the future economy. It tracks the S&P Kensho New Economies Composite Index, which includes businesses in cutting-edge industries like robotics, artificial intelligence, clean energy, and advanced manufacturing. Some well-known companies in the fund include Kratos Defense and Bloom Energy. This ETF could be a good choice for investors looking to diversify into high-growth sectors and align their portfolio with transformative technologies. However, it’s important to note that the ETF is heavily tied to technology and innovation, which means its value can fluctuate significantly depending on market trends in these industries.
How much will it cost me?The SPDR S&P Kensho New Economies Composite ETF (KOMP) has an expense ratio of 0.20%, meaning you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds, as KOMP tracks an index focused on innovative sectors rather than requiring frequent adjustments by fund managers.
What would affect this ETF?KOMP's focus on innovative sectors like robotics, artificial intelligence, and clean energy positions it to benefit from growing demand for technological advancements and sustainability initiatives globally. However, its reliance on high-growth industries makes it sensitive to economic slowdowns, rising interest rates, or regulatory changes that could impact funding and innovation in these areas.
KOMP Top 10 Holdings
The SPDR S&P Kensho New Economies Composite ETF (KOMP) is leaning heavily into innovation, with a strong focus on technology and industrials driving its global portfolio. Alphabet is a steady performer, buoyed by its AI and cloud investments, while ViaSat is rising on improved cash flow and strategic advancements. Bloom Energy adds a spark with robust growth, though its high leverage raises eyebrows. On the flip side, Ambarella and Parsons are lagging, weighed down by profitability struggles and cash flow issues. Overall, KOMP’s thematic focus on cutting-edge sectors offers both promise and volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| AeroVironment | 1.69% | $43.70M | $18.51B | 120.98% | 52 Neutral | |
| Elbit Systems | 1.45% | $37.57M | 104.79B | 139.54% | 73 Outperform | |
| Bruker | 1.05% | $27.28M | $8.12B | -16.94% | 63 Neutral | |
| Parsons | 1.02% | $26.45M | $7.36B | -26.77% | 67 Neutral | |
| Ondas Holdings | 1.02% | $26.43M | $5.34B | 597.99% | 54 Neutral | |
| Teledyne Technologies | 0.98% | $25.31M | $25.81B | 18.34% | 71 Outperform | |
| Kratos Defense | 0.89% | $22.92M | $19.90B | 265.44% | 60 Neutral | |
| Energy Vault Holdings | 0.81% | $21.07M | $902.71M | 188.20% | 67 Neutral | |
| Leidos Holdings | 0.79% | $20.51M | $25.01B | 26.22% | 77 Outperform | |
| PTC | 0.79% | $20.35M | $20.39B | -8.63% | 73 Outperform |
KOMP Technical Analysis
Positive
―
Price Trends
61.11
Positive
61.12
Positive
55.94
Positive
Market Momentum
1.21
Negative
68.68
Neutral
96.71
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KOMP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 62.02, equal to the 50-day MA of 61.11, and equal to the 200-day MA of 55.94, indicating a bullish trend. The MACD of 1.21 indicates Negative momentum. The RSI at 68.68 is Neutral, neither overbought nor oversold. The STOCH value of 96.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KOMP.
KOMP Peer Comparison
Comparison Results
Performance Comparison
KOMP
SPDR S&P Kensho New Economies Composite ETF
65.74
14.41
28.07%
IGF
iShares Global Infrastructure ETF
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BAI
iShares A.I. Innovation and Tech Active ETF
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ARKK
Ark Innovation Etf
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GUNR
FlexShares Morningstar Global Upstream Natural Resources Index Fund
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FWD
AB Disruptors ETF
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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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