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KOMP

50.46000 USD
0.41
0.81%
Last update May 28, 3:59 PM EDT
Market closed
Day range
50.45000
50.97000
Previous close
50.87000
Open
50.94000
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SPDR S&P Kensho New Economies ETF
50.46
0.41
0.81%

Overview

Description

The SPDR S&P Kensho New Economies ETF is an exchange-traded fund designed to offer exposure to companies driving innovation and progress across various emerging industries defined as "new economies." Its primary function is to track the performance of the S&P Kensho New Economies Composite Index, which focuses on forward-looking technologies and pioneering sectors. This ETF encompasses a diverse range of industries, such as artificial intelligence, clean energy, robotics, 3D printing, and other disruptive fields poised to redefine traditional economic paradigms. With the rapid evolution of technology, the ETF captures growth potential across a wide spectrum of sectors. Maintained by State Street Global Advisors, the asset plays a significant role in the marketplace by providing investors with a means to gain diversified exposure to future-forward industries under one investment vehicle. It reflects the increasing importance of innovation-led economic activities in reshaping the global market landscape, emphasizing the shift from established sectors to those promising to transform business operations and consumer experiences in the coming years. The SPDR S&P Kensho New Economies ETF thus serves as a strategic asset for capturing the essence of tomorrow's economic drivers.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
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