KOMPSPDR S&P Kensho New Economies Composite ETF
KOMP Fund Description
KOMP tracks a tier-weighted index of US-listed companies with products or services that disrupt traditional industries.
KOMP Factset Analytics Insight
KOMP looks for companies from developed and emerging markets that are transforming the economy by driving innovation and advancements in “new economy” technologies. The fund’s underlying index is a composite of various S&P New Economy sub-indexes, each constructed around a theme such as autonomous vehicles, 3D printing, genetic engineering, nanotechnology, and the like. The sub-indexes themselves rely on AI to select constituents—a computer algorithm scans company filings for relevant terms, selects holdings, and classifies them as “core” or “non-core” based on the frequency and position of these terms. Holdings within each sub-index are initially equal-weighted, with an overweight applied to core firms. KOMP’s underlying composite index weights each sub-index by a proprietary risk/return ratio. The index rebalances on a semi-annual basis.
KOMP MSCI ESG Analytics Insight
SPDR S&P Kensho New Economies Composite ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.32 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 New Economies Composite ETF ranks in the 31st percentile within its peer group and in the 37th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
KOMP 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.
KOMP Summary Data
KOMP Portfolio Data
KOMP Index Data
KOMP Portfolio Management
KOMP Tax Exposures
KOMP Fund Structure
KOMP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KOMP. KOMP is rated a 5 out of 5.
KOMP Economic Development
KOMP Performance Statistics
KOMP MSCI ESG Ratings
KOMP Benchmark Comparison Summary
KOMP Benchmark Comparison Market Cap Size