Key stats
About SPDR S&P Kensho Future Security ETF
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Inception date
Dec 26, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
FITE tracks an index that employs natural language processing technology to scan the financial statements of all US-listed stocks, systematically categorizing companies into unique sub-sectors and industries. Index components are selected from seven sub-sectors: robotics, wearable technology, drones/drone technology, virtual reality, space technology, cybersecurity, and advanced border security. A committee further classifies eligible stocks as core or non-core based on the level of involvement or impact the company provides regarding the future of security. At each semi-annual rebalance, the portfolio is initially equal-weighted, 20% of non-core stocks weight is then redistributed equally to the core stocks, giving greater weight to pure play firms.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.90%
Technology Services48.33%
Electronic Technology46.06%
Health Technology1.83%
Communications1.48%
Producer Manufacturing1.15%
Commercial Services1.04%
Bonds, Cash & Other0.10%
Mutual fund0.10%
Stock breakdown by region
North America90.94%
Middle East7.50%
Latin America1.57%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history