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FITE ETF — Holdings & Analysis

The State Street SPDR S&P Kensho Future Security ETF (FITE) is an equity ETF with $0.11 billion in assets under management and an expense ratio of 0.45%. FITE aims to track the S&P Kensho Future Security Index, focusing on companies involved in future security technologies, including cybersecurity, advanced border security, and military applications like robotics and drone technologies. This ETF offers targeted exposure to companies driving innovation in the security sector.

State Street SPDR S&P Kensho Future Security ETF (FITE) ETF — Price, Holdings & Analysis

The State Street SPDR S&P Kensho Future Security ETF (FITE) is an equity ETF with $0.11 billion in assets under management and an expense ratio of 0.45%. FITE aims to track the S&P Kensho Future Security Index, focusing on companies involved in future security technologies, including cybersecurity, advanced border security, and military applications like robotics and drone technologies. This ETF offers targeted exposure to companies driving innovation in the security sector.

ETF Overview

The State Street SPDR S&P Kensho Future Security ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index (the "Index")Seeks to track an index that is designed to capture companies whose products and services are driving innovation behind future security, which includes the areas of cyber security, advanced border security, and the following areas for military application: robotics, drones and drone technologies, space technology, wearable technologies and virtual or augmented reality activitiesMay provide an effective way to invest in a portfolio of companies involved in the future of warfare and a nation's security
FITE, the State Street SPDR S&P Kensho Future Security ETF, seeks to replicate the performance of the S&P Kensho Future Security Index. This index is designed to capture companies at the forefront of innovation in future security, covering areas like cybersecurity, advanced border security, and military applications such as robotics, drones, space technology, and virtual/augmented reality. The fund's top holdings reflect this focus, with significant allocations to Planet Labs PBC Class A (2.56%), Elbit Systems Ltd (2.10%), and Palo Alto Networks Inc (2.03%). With a substantial allocation to Technology (51.0%) and Industrials (38.6%), FITE provides targeted exposure to companies developing and deploying security-related technologies. This ETF may appeal to investors seeking to capitalize on the growth potential within the evolving security landscape.

Risk Metrics

FITE's risk profile is influenced by its concentrated sector allocations, with approximately 51.0% of its assets invested in Technology and 38.6% in Industrials. This concentration increases sector-specific risk, as the fund's performance is closely tied to the performance of these sectors. The ETF's beta of 1.22 indicates that it is more volatile than the broader market. With an expense ratio of 0.45%, FITE's costs could slightly detract from overall returns, especially when compared to lower-cost alternatives. Investors should also consider the concentration risk associated with its top holdings; for example, Planet Labs PBC Class A represents 2.56% of the fund. Past performance does not guarantee future results.

Expense Ratio

0.45%

Top Holdings

Sector Allocation

  • Technology: 51.0%
  • Industrials: 38.6%
  • Communication Services: 3.3%
  • Energy: 2.6%
  • Healthcare: 2.5%
  • Cash & Others: 2.0%
  • United States: 89.1%
  • Israel: 5.2%
  • Puerto Rico: 2.3%
  • United Kingdom: 1.1%
  • Canada: 1.1%
  • Brazil: 1.1%
  • Other: 0.2%

Dividend Yield

0.00%
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Risk Metrics

  • Beta: 1.22

Questions & Answers

What is FITE and what does it track?

The State Street SPDR S&P Kensho Future Security ETF (FITE) is an exchange-traded fund that aims to mirror the performance of the S&P Kensho Future Security Index. This index focuses on identifying and including companies that are significantly involved in the innovation and development of future security technologies. These technologies span across various sectors, including cybersecurity, advanced border security, and military applications such as robotics, drones, space technology, and virtual or augmented reality. The fund provides investors with targeted exposure to companies that are shaping the future of security.

What is the expense ratio for FITE?

The expense ratio for FITE is 0.45%. This means that for every $10,000 invested in the fund, investors will pay $45 in annual fees to cover the fund's operating expenses. While not exceptionally high, this expense ratio is slightly higher than some broad market equity ETFs. this may be worth researching cost when evaluating FITE's potential returns, especially when compared to similar ETFs with lower expense ratios. The category average expense ratio is not readily available in the provided data.

What are the top holdings in FITE?

The top holdings in the State Street SPDR S&P Kensho Future Security ETF (FITE) include companies that are leaders and innovators in the security technology space. As of 2026-03-15, the top five holdings are: Planet Labs PBC Class A (2.56%), Elbit Systems Ltd (2.10%), Palo Alto Networks Inc (2.03%), Moog Inc Class A (1.94%), and Lockheed Martin Corp (1.94%). These companies represent a significant portion of the fund's assets and reflect its focus on future security technologies and defense-related industries.

Is FITE a good long-term investment?

Evaluating whether FITE is a suitable long-term investment requires careful consideration of its investment strategy, risk profile, and potential for growth. FITE focuses on companies involved in future security, a sector that may experience growth due to increasing global security concerns. However, its concentrated sector allocation (Technology and Industrials) and higher beta (1.22) may lead to increased volatility. Investors should assess their risk tolerance and investment objectives before considering FITE for long-term investment. Past performance does not guarantee future results.

How does FITE compare to similar ETFs?

FITE distinguishes itself through its specific focus on future security technologies, tracking the S&P Kensho Future Security Index. While other ETFs may focus on broader technology or defense sectors, FITE offers a more targeted approach. Its expense ratio of 0.45% is a key factor to consider when comparing it to similar ETFs; some competitors may offer lower expense ratios, while others may have higher ones. With AUM of $0.11 billion, FITE is a relatively small ETF, which could impact its liquidity compared to larger, more established funds in the same space.

Does FITE pay dividends?

According to the provided data, the State Street SPDR S&P Kensho Future Security ETF (FITE) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders. Investors seeking income-generating investments may need to consider other ETFs with a higher dividend yield. The fund's focus is primarily on capital appreciation through investments in future security technologies rather than providing regular income.