SPDR® S&P Kensho Intelligent Structures ETF SIMS

Important Risk Disclosure

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$32.80

as of Oct 29 2020

Base Currency

USD

Assets Under Management

$9.18 M

as of Oct 29 2020

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.45%


Key Features

Key Features

  • The SPDR S&P Kensho Intelligent Structures ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Intelligent Infrastructure Index (the "Index")
  • Seeks to track an index that is designed to capture companies whose products and services are driving innovation behind intelligent infrastructure, which includes the areas of smart building infrastructure, smart power grids, intelligent transportation infrastructure, and intelligent water infrastructure
  • May provide an effective way to invest in a portfolio of companies involved in the transition to an intelligent, adaptive, and connected infrastructure

About this Benchmark

About this Benchmark

The S&P Kensho Intelligent Infrastructure Index (the "Index") is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Intelligent Infrastructure sector as determined by a classification standard produced by S&P Dow Jones Indices LLC. The Index is designed to capture companies whose products and services are driving innovation behind intelligent infrastructure. In particular, the Index comprises the components of the S&P Kensho Smart Grids Index and the S&P Kensho Smart Buildings Index as of the Index's annual reconstitution day on the third Friday in June, subject to certain liquidity thresholds.


Fund Information as of Oct 29 2020

Fund Information as of Oct 29 2020
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Investment Manager Management Team
S&P Kensho Intelligent Infrastructure Index Dec 26 2017 No 0.45% USD SSGA Funds Management, Inc. Global Equity Beta Solutions
Benchmark S&P Kensho Intelligent Infrastructure Index
Inception Date Dec 26 2017
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.45%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor Distribution Frequency
State Street Global Advisors Funds Distributors, LLC Quarterly
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Oct 29 2020

Listing Information as of Oct 29 2020
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 27 2017 USD SIMS 78468R697 US78468R6971
Exchange NYSE ARCA EXCHANGE
Listing Date Dec 27 2017
Trading Currency USD
Ticker SIMS
CUSIP 78468R697
ISIN US78468R6971

Fund Characteristics as of Oct 29 2020

Fund Characteristics as of Oct 29 2020
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap
8.78% 45 2.25 20.36 $21,086.20 M
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

8.78%
Number of Holdings 45
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

2.25
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

20.36
Weighted Average Market Cap $21,086.20 M

Index Characteristics as of Oct 29 2020

Index Characteristics as of Oct 29 2020
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
8.78% 45 11.20 30.25 20.35
Est. 3-5 Year EPS Growth 8.78%
Number of Holdings 45
Price/Cash Flow 11.20
Price/Earnings 30.25
Price/Earnings Ratio FY1 20.35

Index Statistics as of Oct 29 2020

Index Statistics as of Oct 29 2020

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$21,086.41 M $21,364.55 M $7,843.54 M $183,624.81 M $128.93 M
Weighted Average Market Cap $21,086.41 M
Average Size
Mean $21,364.55 M
Median $7,843.54 M
Size Range
Largest $183,624.81 M
Smallest $128.93 M

Yields as of Oct 29 2020

Yields as of Oct 29 2020
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

1.00% - 1.29% 1.55%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

1.00%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

1.29%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

1.55%

Fund Market Price as of Oct 29 2020

Fund Market Price as of Oct 29 2020
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$32.79 $32.83 $32.83 $32.78 100 -0.02% 0.24%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$32.79
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$32.83
Day High $32.83
Day Low $32.78
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

100
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

-0.02%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.24%

Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)

Number of Days Summary

Calendar Year 2019 First Quarter of 2020 Second Quarter of 2020 Third Quarter of 2020
Days Traded at Premium
Number of days the ETF closing price was above the NAV.
99 31 35 36
Days Traded at Discount
Number of days the ETF closing price was below the NAV.
153 31 28 28
Days Traded at Premium
Number of days the ETF closing price was above the NAV.
Calendar Year 2019 99
First Quarter of 2020 31
Second Quarter of 2020 35
Third Quarter of 2020 36
Days Traded at Discount
Number of days the ETF closing price was below the NAV.
Calendar Year 2019 153
First Quarter of 2020 31
Second Quarter of 2020 28
Third Quarter of 2020 28
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Oct 29 2020

Fund Net Cash Amount as of Oct 29 2020
Net Cash Amount
$1,222.70
Net Cash Amount $1,222.70

Fund Net Asset Value as of Oct 29 2020

Fund Net Asset Value as of Oct 29 2020
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$32.80 280,000.00 $9.18 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$32.80
Shares Outstanding 280,000.00
Assets Under Management $9.18 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: Dec 26 2017

as of Sep 30 2020

as of Sep 30 2020

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 26 2017
Fund Before Tax
NAV Sep 30 2020 -1.43% 8.34% -0.66% 9.73% - - - 3.76%
Market Value Sep 30 2020 -1.48% 8.33% -0.44% 9.73% - - - 3.63%
S&P Kensho Intelligent Infrastructure Index Sep 30 2020 -1.43% 8.34% -0.59% 9.75% 4.47% - - 3.94%
Fund After Tax
Return after Taxes on Distributions Sep 30 2020 -1.48% 8.28% -0.91% 9.26% - - - 3.48%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2020 -0.85% 4.93% -0.41% 5.88% - - - 2.83%
S&P Kensho Intelligent Infrastructure Index Sep 30 2020 -1.43% 8.34% -0.59% 9.75% 4.47% - - 3.94%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 26 2017
Fund Before Tax
NAV Sep 30 2020 -1.43% 8.34% -0.66% 9.73% - - - 3.76%
Market Value Sep 30 2020 -1.48% 8.33% -0.44% 9.73% - - - 3.63%
S&P Kensho Intelligent Infrastructure Index Sep 30 2020 -1.43% 8.34% -0.59% 9.75% 4.47% - - 3.94%
Fund After Tax
Return after Taxes on Distributions Sep 30 2020 -1.48% 8.28% -0.91% 9.26% - - - 3.48%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2020 -0.85% 4.93% -0.41% 5.88% - - - 2.83%
S&P Kensho Intelligent Infrastructure Index Sep 30 2020 -1.43% 8.34% -0.59% 9.75% 4.47% - - 3.94%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.45%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Oct 29 2020
Index Top Holdingsas of Oct 29 2020

Fund Top Holdings as of Oct 29 2020

Name Shares Held Weight
Carrier Global Corp. 11,856 4.41%
Bloom Energy Corporation Class A 25,625 4.12%
Evoqua Water Technologies Corp 14,162 3.66%
Xylem Inc. 3,843 3.64%
Cubic Corporation 5,644 3.61%
Pentair plc 6,594 3.58%
Johnson Controls International plc 7,644 3.53%
Qorvo Inc. 2,291 3.24%
ABB Ltd. Sponsored ADR 12,163 3.22%
Atlantica Sustainable Infrastructure plc 9,607 3.10%
Download All Holdings: Daily

Index Top Holdings as of Oct 29 2020

Name Weight
Carrier Global Corp. 4.41%
Bloom Energy Corporation Class A 4.12%
Evoqua Water Technologies Corp 3.66%
Xylem Inc. 3.64%
Cubic Corporation 3.61%
Pentair plc 3.58%
Johnson Controls International plc 3.53%
Qorvo Inc. 3.24%
ABB Ltd. Sponsored ADR 3.22%
Atlantica Sustainable Infrastructure plc 3.10%

Sub-Industry Allocation

Sub-Industry Allocation

Fund Sub-Industry Allocation as of Oct 29 2020

Sector Weight
Industrial Machinery 13.41%
Semiconductors 10.61%
Building Products 10.27%
Electrical Components & Equipment 9.65%
Electronic Equipment & Instruments 7.41%
Aerospace & Defence 5.45%
Industrial Conglomerates 4.74%
Heavy Electrical Equipment 4.12%
Wireless Telecommunication Services 3.61%
Integrated Oil & Gas 3.31%
Application Software 3.10%
Renewable Electricity 3.10%
Auto Parts & Equipment 3.04%
Technology Hardware, Storage & Peripherals 2.54%
Security & Alarm Services 2.33%
Environmental & Facilities Services 2.28%
Interactive Media & Services 2.05%
Electronic Manufacturing Services 2.04%
Multi-Utilities 1.82%
Automobile Manufacturers 1.81%
Construction & Engineering 1.55%
Consumer Electronics 0.74%
Specialized Consumer Services 0.55%
Electric Utilities 0.47%

Index Sub-Industry Allocation as of Oct 29 2020

Sector Weight
Industrial Machinery 13.41%
Semiconductors 10.62%
Building Products 10.27%
Electrical Components & Equipment 9.65%
Electronic Equipment & Instruments 7.41%
Aerospace & Defence 5.45%
Industrial Conglomerates 4.74%
Heavy Electrical Equipment 4.12%
Wireless Telecommunication Services 3.61%
Integrated Oil & Gas 3.31%
Application Software 3.10%
Renewable Electricity 3.10%
Auto Parts & Equipment 3.04%
Technology Hardware, Storage & Peripherals 2.54%
Security & Alarm Services 2.33%
Environmental & Facilities Services 2.28%
Electronic Manufacturing Services 2.04%
Interactive Media & Services 2.04%
Multi-Utilities 1.82%
Automobile Manufacturers 1.81%
Construction & Engineering 1.55%
Consumer Electronics 0.73%
Specialized Consumer Services 0.55%
Electric Utilities 0.47%

Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.


Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless otherwise noted all information contained herein is that of the SPDR® S&P Kensho Intelligent Structures ETF.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

Prior to 12/10/2018, the S&P Kensho Intelligent Infrastructure Index was known as the Kensho Intelligent Infrastructure Index.

Prior to 06/25/2019, the SPDR S&P Kensho Intelligent Structures ETF was known as the SPDR Kensho Intelligent Structures ETF. Prior to 06/25/2019, the ticker for SIMS was XKII.