State Street SPDR S&P Kensho New Economies Composite ETF (KOMP)
State Street SPDR S&P Kensho New Economies Composite ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $70.88, up 0.27% on the session, giving a market capitalisation of $3.07B. Its beta of 1.65 implies it has historically moved more than the broad market.
The State Street SPDR S&P Kensho New Economies Composite ETF aims to mirror the overall return performance of the S&P Kensho New Economies Composite Index, prior to accounting for its charges and operating costs. The index itself employs artificial intelligence and a systematic, data-driven methodology to pinpoint companies spearheading a new economic era. These innovative businesses are transforming established sectors by harnessing breakthroughs in computing power, artificial intelligence, robotics, and automation. Consequently, the fund seeks to provide an effective means of pursuing long-term growth by investing in the companies and industries at the forefront of this evolving economic landscape.
State Street SPDR S&P Kensho New Economies Composite ETF is most often compared with the following Financial Services names: