SPDR® S&P Kensho Future Security ETF FITE

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.

$41.70

as of Jan 23 2020

Base Currency

USD

Assets Under Management

$20.01 M

as of Jan 23 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 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

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 Jan 23 2020

Fund Information as of Jan 23 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 Future Security Index Dec 26 2017 No 0.45% USD SSGA Funds Management, Inc. Global Equity Beta Solutions
Benchmark S&P Kensho Future Security 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 Jan 23 2020

Listing Information as of Jan 23 2020
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 27 2017 USD FITE 78468R671 US78468R6716
Exchange NYSE ARCA EXCHANGE
Listing Date Dec 27 2017
Trading Currency USD
Ticker FITE
CUSIP 78468R671
ISIN US78468R6716

Fund Characteristics as of Jan 23 2020

Fund Characteristics as of Jan 23 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
25.13% 64 3.55 22.69 $21,441.50 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.

25.13%
Number of Holdings 64
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.

3.55
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.

22.69
Weighted Average Market Cap $21,441.50 M

Index Characteristics as of Jan 23 2020

Index Characteristics as of Jan 23 2020
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
25.15% 64 17.48 29.13 22.69
Est. 3-5 Year EPS Growth 25.15%
Number of Holdings 64
Price/Cash Flow 17.48
Price/Earnings 29.13
Price/Earnings Ratio FY1 22.69

Index Statistics as of Jan 23 2020

Index Statistics as of Jan 23 2020

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$21,441.25 M $20,092.60 M $4,432.31 M $207,809.00 M $245.24 M
Weighted Average Market Cap $21,441.25 M
Average Size
Mean $20,092.60 M
Median $4,432.31 M
Size Range
Largest $207,809.00 M
Smallest $245.24 M

Yields as of Jan 23 2020

Yields as of Jan 23 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.

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.

0.14% 0.41% 0.56%
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.

0.14%
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.

0.41%
Index Dividend Yield

Index Dividend Yield

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

0.56%

Fund Market Price as of Jan 23 2020

Fund Market Price as of Jan 23 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 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)

$41.72 $41.73 $41.95 $41.40 3,788 0.04%
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 a given security.

$41.72
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$41.73
Day High $41.95
Day Low $41.40
Exchange Volume (Shares)

Exchange Volume (shares)

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

3,788
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)

0.04%

Premium Discount to Nav

Quarter
    x axis: # of days
    y axis: # Premium/Discount percentage
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    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 Jan 23 2020

    Fund Net Cash Amount as of Jan 23 2020
    Net Cash Amount
    -$677.82
    Net Cash Amount -$677.82

    Fund Net Asset Value as of Jan 23 2020

    Fund Net Asset Value as of Jan 23 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
    $41.70 480,000.00 $20.01 M
    NAV

    NAV

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

    $41.70
    Shares Outstanding 480,000.00
    Assets Under Management $20.01 M
    Most Recent NAV / NAV History

    Fund Performance
    View as

    Fund Performance

    • Fund Inception Date: Dec 26 2017
    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 2019 -0.21% 5.14% 33.55% 33.55% - - - 15.28%
    Market Value Dec 31 2019 -0.22% 5.16% 33.83% 33.83% - - - 15.16%
    S&P Kensho Future Security Index Dec 31 2019 -0.18% 5.22% 33.88% 33.88% - - - 15.53%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 -0.27% 5.08% 33.30% 33.30% - - - 14.80%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 -0.12% 3.05% 19.85% 19.85% - - - 11.61%
    S&P Kensho Future Security Index Dec 31 2019 -0.18% 5.22% 33.88% 33.88% - - - 15.53%
    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 2019 -0.21% 5.14% 33.55% 33.55% - - - 15.28%
    Market Value Dec 31 2019 -0.22% 5.16% 33.83% 33.83% - - - 15.16%
    S&P Kensho Future Security Index Dec 31 2019 -0.18% 5.22% 33.88% 33.88% - - - 15.53%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 -0.27% 5.08% 33.30% 33.30% - - - 14.80%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 -0.12% 3.05% 19.85% 19.85% - - - 11.61%
    S&P Kensho Future Security Index Dec 31 2019 -0.18% 5.22% 33.88% 33.88% - - - 15.53%

    as of Dec 31 2019

    as of Dec 31 2019

    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.

    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 Jan 23 2020
    Index Top Holdingsas of Jan 23 2020

    Fund Top Holdings as of Jan 23 2020

    Name Shares Held Weight
    Maxar Technologies Inc. 30,833 3.09%
    Zscaler Inc. 7,250 2.15%
    Aerojet Rocketdyne Holdings Inc. 7,434 1.92%
    Rapid7 Inc. 6,197 1.92%
    Mimecast Limited 7,667 1.91%
    Akamai Technologies Inc. 3,921 1.89%
    CyberArk Software Ltd. 2,687 1.88%
    Fortinet Inc. 3,157 1.88%
    Varonis Systems Inc. 4,378 1.86%
    Rambus Inc. 25,031 1.85%
    Download All Holdings: Daily

    Index Top Holdings as of Jan 23 2020

    Name Weight
    Maxar Technologies Inc. 3.10%
    Zscaler Inc. 2.15%
    Aerojet Rocketdyne Holdings Inc. 1.92%
    Rapid7 Inc. 1.92%
    Mimecast Limited 1.91%
    Akamai Technologies Inc. 1.89%
    CyberArk Software Ltd. 1.89%
    Fortinet Inc. 1.88%
    Varonis Systems Inc. 1.87%
    Rambus Inc. 1.85%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Jan 23 2020
    Index Sector Breakdownas of Jan 23 2020

    Fund Sector Breakdown as of Jan 23 2020

    Sector Weight
    Aerospace & Defense 35.52%
    Systems Software 23.41%
    Communications Equipment 10.38%
    IT Consulting & Other Services 6.61%
    Application Software 5.30%
    Electronic Equipment & Instruments 3.33%
    Internet Services & Infrastructure 3.24%
    Electronic Components 2.70%
    Semiconductors 1.85%
    Construction & Engineering 1.79%
    Life Sciences Tools & Services 1.75%
    Technology Hardware Storage & Peripherals 1.73%
    Health Care Equipment 1.33%
    Building Products 1.06%

    Index Sector Breakdown as of Jan 23 2020

    Sector Weight
    Aerospace & Defense 35.49%
    Systems Software 23.43%
    Communications Equipment 10.39%
    IT Consulting & Other Services 6.61%
    Application Software 5.30%
    Electronic Equipment & Instruments 3.33%
    Internet Services & Infrastructure 3.24%
    Electronic Components 2.70%
    Semiconductors 1.85%
    Construction & Engineering 1.79%
    Life Sciences Tools & Services 1.75%
    Technology Hardware Storage & Peripherals 1.73%
    Health Care Equipment 1.33%
    Building Products 1.06%

    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 Future Security 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 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.