KOMP ETF Analysis: Dividends, Returns AMEX:KOMP

Analysis

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Key stats

KOMP looks for companies from developed and emerging markets that are transforming the economy by driving innovation and advancements in new economy technologies. The funds underlying index is a composite of various S&P New Economy sub-indexes, each constructed around a theme such as autonomous vehicles, 3D printing, genetic engineering, nanotechnology, and the like. The sub-indexes themselves rely on AI to select constituentsa computer algorithm scans company filings for relevant terms, selects holdings, and classifies them as core or non-core based on the frequency and position of these terms. Holdings within each sub-index are initially equal-weighted, with an overweight applied to core firms. KOMPs underlying composite index weights each sub-index by a proprietary risk/return ratio. The index rebalances on a semi-annual basis.