Investing in military tech--Make your portfolio more defensnsiveThe rise of populism is not necessarily something investors will relish politically, but it nevertheless brings opportunities for the adventurous.
By and large, populist leaders the world over like to spend more government money and they’re especially keen to spend taxpayers’ money on defence and
Key stats
About SPDR S&P Kensho Future Security ETF
Home page
Inception date
Dec 26, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
FITE tracks an index that employs natural language processing technology to scan the financial statements of all US-listed stocks, systematically categorizing companies into unique sub-sectors and industries. Index components are selected from seven sub-sectors: robotics, wearable technology, drones/drone technology, virtual reality, space technology, cybersecurity, and advanced border security. A committee further classifies eligible stocks as core or non-core based on the level of involvement or impact the company provides regarding the future of security. At each semi-annual rebalance, the portfolio is initially equal-weighted, 20% of non-core stocks weight is then redistributed equally to the core stocks, giving greater weight to pure play firms.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FITE trades at 68.27 USD today, its price has fallen −0.46% in the past 24 hours. Track more dynamics on FITE price chart.
FITE net asset value is 68.54 today — it's risen 15.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FITE assets under management is 67.43 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FITE price has risen by 11.09% over the last month, and its yearly performance shows a 19.97% increase. See more dynamics on FITE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.02% over the last month, showed a 2.66% increase in three-month performance and has increased by 20.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.02% over the last month, showed a 2.66% increase in three-month performance and has increased by 20.84% in a year.
FITE fund flows account for −196.11 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FITE invests in stocks. See more details in our Analysis section.
FITE expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FITE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FITE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FITE shows the strong buy signal. See more of FITE technicals for a more comprehensive analysis.
Today, FITE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FITE shows the strong buy signal. See more of FITE technicals for a more comprehensive analysis.
Yes, FITE pays dividends to its holders with the dividend yield of 0.15%.
FITE trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FITE shares are issued by State Street Corp.
FITE follows the S&P Kensho Future Security. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 26, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.