State Street SPDR S&P Kensho Future Security ETF (FITE)
State Street SPDR S&P Kensho Future Security ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $118.22, up 0.51% on the session, giving a market capitalisation of $122.7M. Its beta of 1.32 implies it has historically moved more than the broad market.
The State Street SPDR S&P Kensho Future Security ETF (FITE) endeavors to achieve investment returns that closely align with the total return performance of the S&P Kensho Future Security Index, before any fees and expenses are factored in. This underlying index identifies and tracks companies that are leading innovation in the realm of future security. This includes critical sectors such as cybersecurity, sophisticated border protection, and various military applications like robotics, drone technology, space exploration, wearable devices, and virtual or augmented reality. Essentially, FITE offers a compelling opportunity to invest in a collection of companies shaping the future of national defense and modern warfare.
State Street SPDR S&P Kensho Future Security ETF is most often compared with the following Financial Services names: