State Street SPDR S&P Kensho New Economies Composite ETF

Frequently Asked Questions About KOMP

What does KOMP invest in?

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.

What is the expense ratio of KOMP?

State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KOMP?

State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) manages $2.49B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is KOMP actively managed or an index fund?

KOMP is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (KOMP's is 0.20%) because there's no security selection cost.

When was KOMP launched?

State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) launched in October 2018 and is managed by SPDR.

How has KOMP performed?

KOMP's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.