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See exactly how FITE's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for FITE and 80,000+ other tickers.
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…
The SPDR S&P Kensho Future Security ETF has a balanced portfolio of 65 stocks focused on defense and cybersecurity. FITE has interesting cash flow characteristics and has marginally outperformed the broad stock market since its inception. Nonetheless, it trails leading defense and cybersecurity ETFs.
Buying the dip has been a successful strategy for decades. While the macro environment may create fear, history often shows that not investing during a market downturn is a missed opportunity.
The tech-heavy Nasdaq Composite Index delivered awful performances for the last three weeks, only to stage a recovery this week.
Shares of high-growth technology companies lost trillions of market cap in the past year (based on the 12-month drop in the Nasdaq), per CNBC.
As we consider the current political landscape and the various midterm election scenarios, investors can turn to exchange traded funds to capture the potential outcome.