TEKX - ETF AI Analysis
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SPDR Galaxy Transformative Tech Accelerators ETF (TEKX)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the year to date and in recent months, indicating solid recent momentum.
Top Holdings With Strong Gains
Several of the largest positions, including companies in technology, energy, and mining, have delivered strong year-to-date performance, helping drive the fund’s returns.
Sector Diversification Across Growth Areas
Holdings spread across financials, technology, and industrials provide exposure to multiple growth-oriented sectors rather than relying on just one industry.
Negative Factors
High Concentration in a Few Stocks
A small number of holdings make up a large share of the portfolio, which increases the impact if any of these companies perform poorly.
Mixed Performance Among Top Holdings
A couple of the larger positions have shown weak year-to-date performance, which could drag on overall returns if the weakness continues.
Higher Expense Ratio
The fund’s expense ratio is relatively high for an ETF, meaning more of the returns are used to cover fees instead of staying with investors.
TEKX vs. SPDR S&P 500 ETF (SPY)
AUM16.27M
RegionGlobal
Expense Ratio0.65%
Beta2.02
IssuerState Street
Inception DateSep 09, 2024
Dividend Yield0.21%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,950
30 Day Avg. Volume5,522
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
88.09Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TEKX Summary
The SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) focuses on companies driving big changes in technology, rather than tracking a traditional index. It invests mainly in U.S. firms involved in areas like artificial intelligence, digital infrastructure, and advanced computing. Well-known names in the fund include Micron and CrowdStrike, along with other tech and tech-related companies. Someone might invest in TEKX if they want growth potential from innovative technologies and a basket of different tech-focused businesses instead of picking single stocks. A key risk is that it is heavily tilted toward technology and related sectors, so its price can swing sharply up or down.
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 riding a high-octane mix of transformative tech and digital infrastructure, with Riot Platforms and Cipher Mining doing much of the heavy lifting as their crypto and high-performance computing stories keep gaining traction. Keel Infrastructure and Hubbell add a steady backbone of industrial and utility exposure, helping smooth out the ride. On the flip side, Microsoft and Nvidia have recently lost a bit of steam, acting more like seatbelts than rocket boosters. Overall, the fund leans heavily into tech and financial innovation with a distinctly global flavor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Siemens Energy | 6.00% | $953.74K | €125.79B | 60.15% | 72 Outperform | |
| Riot Platforms | 5.77% | $917.00K | $6.91B | 41.94% | 68 Neutral | |
| Nvidia | 4.90% | $778.38K | $4.91T | 18.61% | 76 Outperform | |
| Microsoft | 4.75% | $755.35K | $2.93T | -21.13% | 79 Outperform | |
| Hubbell B | 4.54% | $721.28K | $25.82B | 14.85% | 77 Outperform | |
| Cipher Mining | 4.41% | $700.59K | $7.18B | 228.64% | 56 Neutral | |
| Freeport-McMoRan | 4.18% | $663.90K | $83.92B | 30.10% | 67 Neutral | |
| Palo Alto Networks | 4.16% | $661.76K | $292.32B | 74.43% | 73 Outperform | |
| NextEra Energy | 4.05% | $643.09K | $185.20B | 15.53% | 71 Outperform | |
| Robinhood | 4.03% | $640.84K | $90.09B | -4.85% | 68 Neutral |
TEKX Technical Analysis
Positive
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Price Trends
66.27
Positive
56.36
Positive
49.65
Positive
Market Momentum
-0.31
Positive
53.79
Neutral
52.36
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 67.12, equal to the 50-day MA of 66.27, and equal to the 200-day MA of 49.65, indicating a bullish trend. The MACD of -0.31 indicates Positive momentum. The RSI at 53.79 is Neutral, neither overbought nor oversold. The STOCH value of 52.36 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
67.53
34.05
101.70%
FFND
Future Fund Active ETF
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FDCF
Fidelity Disruptive Communications ETF
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IQM
Franklin Intelligent Machines ETF
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CSNR
Cohen & Steers Natural Resources Active ETF
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WAR
U.S. Global Technology and Aerospace & Defense 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.
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: ―
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