TEKX - ETF AI Analysis
Top Page
SPDR Galaxy Transformative Tech Accelerators ETF (TEKX)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, suggesting its strategy has recently worked well for investors.
High-Performing Top Holdings
Several of the largest positions, including Keel Infrastructure, Riot Platforms, Cleanspark, Cipher Mining, and Siemens Energy, have shown strong performance, helping drive the fund’s returns.
Focused Exposure to Technology and Financials
A large share of the portfolio is in technology and financial companies, giving investors targeted exposure to sectors that can benefit from transformative tech trends.
Negative Factors
High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are eaten up by fees over time.
Concentrated Top Holdings
The top few positions make up a significant portion of the portfolio, increasing the impact that any single stock’s weakness can have on overall performance.
Heavy U.S. Market Dependence
With the vast majority of its assets in U.S. companies, the ETF is heavily tied to the U.S. market and offers limited diversification across other regions.
TEKX vs. SPDR S&P 500 ETF (SPY)
AUM15.94M
RegionGlobal
Expense Ratio0.65%
Beta1.96
IssuerState Street
Inception DateSep 09, 2024
Dividend Yield0.22%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,715
30 Day Avg. Volume5,407
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
97.40Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TEKX Summary
TEKX, the SPDR Galaxy Transformative Tech Accelerators ETF, focuses on companies driving big changes in technology rather than tracking a traditional index. It invests in themes like artificial intelligence, digital finance, and advanced infrastructure, aiming to benefit from long-term tech growth. Well-known holdings include Nvidia and Microsoft, along with firms involved in crypto-related platforms and energy technology. Investors might consider TEKX for growth potential and diversification across several tech-related areas. However, it is heavily exposed to the technology and financial sectors, so its price can be very volatile and may go up and down sharply with changes in the tech market.
How much will it cost me?The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on innovative and transformative technology themes that require more research and oversight.
What would affect this ETF?The TEKX ETF, with its focus on transformative technology themes like AI, robotics, and fintech, could benefit from increased global demand for innovation and digital transformation, especially as businesses and governments invest in advanced technologies. However, it may face challenges from rising interest rates, which can impact growth-focused sectors like technology, and potential regulatory changes targeting tech companies or cryptocurrency-related businesses, given its holdings in firms like Core Scientific and Riot Platforms.
TEKX Top 10 Holdings
TEKX is leaning hard into transformative tech, with a big bet on crypto-linked infrastructure names like Riot Platforms, Keel Infrastructure, Cleanspark, and Cipher Mining. These high-octane holdings have been rising over the year but recently lost some steam, adding volatility to the fund’s ride. Nvidia and Microsoft provide a steadier Big Tech backbone, though their momentum has been mixed lately. Industrial and materials names like Siemens Energy and Freeport-McMoRan help diversify the story, while the overall portfolio remains a global, tech-heavy play on digital acceleration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Riot Platforms | 12.19% | $1.98M | $7.76B | 74.62% | 68 Neutral | |
| Keel Infrastructure | 10.16% | $1.65M | $2.34B | 176.42% | 46 Neutral | |
| Siemens Energy | 6.17% | $1.00M | €130.80B | 57.39% | 72 Outperform | |
| Microsoft | 5.65% | $916.98K | $3.71T | -3.01% | 79 Outperform | |
| Cleanspark | 5.56% | $903.08K | $3.16B | 17.43% | 73 Outperform | |
| Nvidia | 5.29% | $859.56K | $5.42T | 19.49% | 76 Outperform | |
| Cipher Mining | 5.04% | $818.75K | $7.13B | 243.07% | 56 Neutral | |
| Hubbell B | 4.67% | $758.65K | $27.16B | 20.92% | 77 Outperform | |
| Applied Digital Corporation | 4.63% | $751.95K | $8.52B | 107.13% | 54 Neutral | |
| Freeport-McMoRan | 3.37% | $547.07K | $99.98B | 70.07% | 67 Neutral |
TEKX Technical Analysis
Positive
―
Price Trends
66.60
Negative
60.13
Positive
51.61
Positive
Market Momentum
-0.43
Negative
48.77
Neutral
22.18
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TEKX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 64.89, equal to the 50-day MA of 66.60, and equal to the 200-day MA of 51.61, indicating a neutral trend. The MACD of -0.43 indicates Negative momentum. The RSI at 48.77 is Neutral, neither overbought nor oversold. The STOCH value of 22.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TEKX.
TEKX Peer Comparison
Comparison Results
Performance Comparison
TEKX
SPDR Galaxy Transformative Tech Accelerators ETF
64.60
32.41
100.68%
CSNR
Cohen & Steers Natural Resources Active ETF
―
―
―
IQM
Franklin Intelligent Machines ETF
―
―
―
FITZ
Fitz-Gerald Must Have Portfolio ETF
―
―
―
HECO
SPDR Galaxy Hedged Digital Asset Ecosystem ETF
―
―
―
WAR
U.S. Global Technology and Aerospace & Defense 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.
DisclaimerThis 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: ―
Table of Contents