FITESPDR S&P Kensho Future Security ETF
FITE Fund Description
FITE tracks an index of US stocks supporting technological innovations in future military and security applications.
FITE Factset Analytics Insight
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.
FITE MSCI ESG Analytics Insight
SPDR S&P Kensho Future Security ETF has an MSCI ESG Fund Rating of A based on a score of 6.66 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR S&P Kensho Future Security ETF ranks in the 65th percentile within its peer group and in the 74th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FITE MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FITE Summary Data
FITE Portfolio Data
FITE Index Data
FITE Portfolio Management
FITE Tax Exposures
FITE Fund Structure
FITE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FITE. FITE is rated a 4 out of 5.
FITE Economic Development
FITE Performance Statistics
FITE MSCI ESG Ratings
FITE Benchmark Comparison Summary
FITE Benchmark Comparison Market Cap Size