Symbols

FITE

State Street SPDR S&P Kensho Future Security ETF·NYSE

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Key Stats

Assets Under Management

113.07MUSD

Fund Flows (1Y)

-891.20KUSD

Dividend Yield

0.23%

Discount/Premium to NAV

-0.05%

Shares Outstanding

1.30M

Expense Ratio

0.45%

About State Street SPDR S&P Kensho Future Security ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-sp-kensho-future-security-etf-fite

Inception Date

Dec 26, 2017

Structure

Open-Ended Fund

Index Tracked

S&P Kensho Future Security Index

Management Style

Passive

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.