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SPDR® S&P Kensho Future Security ETF FITE

NAV
$45.09
as of Mar 29 2023
Base Currency
USD
Assets Under Management
$28.86 M
as of Mar 29 2023
Gross Expense Ratio
0.45%

Key Features


  • The SPDR S&P Kensho Future Security ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index (the “Index”)
  • Seeks to track an index that is designed to capture companies whose products and services are driving innovation behind future security, which includes the areas of cyber security, advanced border security, and the following areas for military application: robotics, drones and drone technologies, space technology, wearable technologies and virtual or augmented reality activities
  • May provide an effective way to invest in a portfolio of companies involved in the future of warfare and a nation’s security


About this Benchmark


The S&P Kensho Future Security 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 Future Security sector as determined by a classification standard produced by S&P Dow Jones Indices LLC.  In particular, the Index comprises the components of the S&P Kensho Cyber Security Index and the S&P Kensho Smart Borders Index, and the military components of the S&P Kensho Robotics Index, the S&P Kensho Drones Index, the S&P Kensho Space Index, the S&P Kensho Wearables Index and the S&P Kensho Virtual Reality Index as of the Index’s annual reconstitution day on the third Friday in June, subject to certain liquidity thresholds.


Fund Information as of Mar 30 2023

Benchmark S&P Kensho Future Security Index
Inception Date Dec 26 2017
Options Available No
Gross Expense Ratio
0.45%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Mar 30 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 27 2017 USD FITE 78468R671 US78468R6716

Fund Characteristics as of Mar 29 2023

Est. 3-5 Year EPS Growth
13.44%
Number of Holdings 67
Price/Book Ratio
2.79
Price/Earnings Ratio FY1
24.48
Weighted Average Market Cap $25,918.40 M

Index Characteristics as of Mar 28 2023

Est. 3-5 Year EPS Growth 13.52%
Number of Holdings 67
Price/Cash Flow 18.16
Price/Earnings 27.85
Price/Earnings Ratio FY1 24.24

Index Statistics as of Mar 28 2023

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$25,765.06 M $23,869.94 M $5,052.47 M $260,499.90 M $157.19 M

Yields as of Mar 28 2023

30 Day SEC Yield
0.05%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
0.10%
Index Dividend Yield
0.50%

Fund Market Price as of Mar 29 2023

Bid/Ask
$45.08
Closing Price
$45.10
Day High $45.37
Day Low $44.89
Exchange Volume (Shares)
1,279
Premium/Discount
-0.04%
30-Day Median Bid/Ask Spread
0.20%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
169
Days Traded at Discount
82

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 Mar 29 2023

Net Cash Amount $2,417.56

Fund Net Asset Value as of Mar 29 2023

NAV
$45.09
Shares Outstanding 640,000.00
Assets Under Management $28.86 M

Fund Performance

  • Fund Inception Date: Dec 26 2017

as of Feb 28 2023

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 26 2017
Fund Before Tax
NAV Feb 28 2023 0.13% 6.16% 6.16% -9.85% 9.06% 8.75% - 9.41%
Market Value Feb 28 2023 0.16% 6.17% 6.17% -9.88% 9.03% 8.74% - 9.36%
Benchmark
Feb 28 2023 0.15% 6.22% 6.22% -9.63% 9.42% 9.06% - 9.72%
Fund After Tax
Return after Taxes on Distributions Feb 28 2023 0.13% 6.16% 6.16% -9.87% 8.85% 8.47% - 9.13%
Return after Taxes on Distributions and Sale of Fund Shares Feb 28 2023 0.08% 3.65% 3.65% -5.81% 7.01% 6.82% - 7.37%
Benchmark
Feb 28 2023 0.15% 6.22% 6.22% -9.63% 9.42% 9.06% - 9.72%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 26 2017
Fund Before Tax
NAV Dec 31 2022 -3.53% 3.50% -17.85% -17.85% 4.06% 8.55% - 8.42%
Market Value Dec 31 2022 -3.52% 3.46% -17.91% -17.91% 4.04% 8.53% - 8.37%
Benchmark
Dec 31 2022 -3.51% 3.58% -17.66% -17.66% 4.40% 8.86% - 8.74%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -3.54% 3.49% -17.87% -17.87% 3.86% 8.26% - 8.14%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -2.08% 2.08% -10.55% -10.55% 3.10% 6.66% - 6.56%
Benchmark
Dec 31 2022 -3.51% 3.58% -17.66% -17.66% 4.40% 8.86% - 8.74%

Past performance is not a reliable indicator of future performance. 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.  All results are historical and assume the reinvestment of dividends and capital gains. 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.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

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

as of Mar 29 2023
as of Mar 28 2023

Fund Top Holdings as of Mar 29 2023

Name Shares Held Weight
Maxar Technologies Inc. 18,430 3.25%
Kratos Defense & Security Solutions Inc. 48,171 2.22%
Rapid7 Inc. 14,544 2.06%
Cloudflare Inc Class A 10,034 1.99%
Fortinet Inc. 8,607 1.93%
Iridium Communications Inc. 9,004 1.91%
Tenable Holdings Inc. 12,030 1.87%
Varonis Systems Inc. 21,661 1.87%
OSI Systems Inc. 5,326 1.87%
Broadcom Inc. 857 1.86%
Download All Holdings: Daily

Index Top Holdings as of Mar 28 2023

Name Weight
Maxar Technologies Inc. 3.28%
Kratos Defense & Security Solutions Inc. 2.17%
Rapid7 Inc. 2.07%
Cloudflare Inc Class A 1.99%
Fortinet Inc. 1.94%
Iridium Communications Inc. 1.94%
Varonis Systems Inc. 1.91%
Tenable Holdings Inc. 1.89%
Broadcom Inc. 1.88%
OSI Systems Inc. 1.87%

Sector Allocation

as of Mar 29 2023
as of Mar 28 2023

Fund Sector Breakdown as of Mar 29 2023

Sector Weight
Aerospace & Defence 34.89%
Systems Software 26.58%
Communications Equipment 9.03%
Electronic Equipment & Instruments 5.93%
Research & Consulting Services 4.97%
Internet Services & Infrastructure 3.64%
Application Software 3.01%
Alternative Carriers 1.91%
Semiconductors 1.86%
Life Sciences Tools & Services 1.80%
Human Resource & Employment Services 1.52%
Interactive Media & Services 1.34%
Health Care Equipment 1.19%
Electronic Components 1.17%
Industrial Machinery & Supplies & Components 1.16%

Index Sector Breakdown as of Mar 28 2023

Sector Weight
Aerospace & Defence 34.86%
Systems Software 26.62%
Communications Equipment 9.02%
Electronic Equipment & Instruments 5.93%
Research & Consulting Services 4.93%
Internet Services & Infrastructure 3.62%
Application Software 3.03%
Alternative Carriers 1.94%
Semiconductors 1.88%
Life Sciences Tools & Services 1.80%
Human Resource & Employment Services 1.52%
Interactive Media & Services 1.34%
Health Care Equipment 1.21%
Electronic Components 1.15%
Industrial Machinery & Supplies & Components 1.15%

Geographical Breakdown


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 may apply.


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.

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.

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

KENSHO© is a registered service mark of Kensho Technologies Inc. (“Kensho”), and all Kensho financial indices in the Kensho New Economies© family and such indices’ corresponding service marks have been licensed by the Licensee in connection with the SPDR Kensho Intelligent Structures ETF, SPDR Kensho Smart Mobility ETF and SPDR Kensho Future Security ETF (collectively, the “SPDR ETFs”). The SPDR ETFs are not marketed, sold, or sponsored by Kensho, Kensho’s affiliates, or Kensho’s third party licensors.

Kensho is not an investment adviser or broker-dealer and Kensho makes no representation regarding the advisability of investing in any investment fund, other investment vehicle, security or other financial product regardless of whether or not it is based on, derived from, or included as a constituent of any Kensho New Economies© family index. Kensho bears no responsibility or liability for any business decision, input, recommendation, or action taken based on Kensho indices or any products based on, derived from, or included as a constituent of any such index. All referenced names and trademarks are the property of their respective owners.

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 Future Security Index was known as the Kensho Future Security Index.

Prior to 06/25/2019, the SPDR S&P Kensho Future Security ETF was known as the SPDR Kensho Future Security ETF. Prior to 06/25/2019, the ticker for FITE was XKFS.