SPDR S&P Kensho New Price, Forecast, Insider, Ratings, Fundamentals & Signals

SPDR S&P Kensho New Economies Composite ETF tracks the S&P Kensho New Economies Index, providing exposure to forward-thinking technology sectors. KOMP offers investors a unique opportunity to participate in the Fourth Industrial Revolution, focusing on themes such as alternative finance, digital health, and electric vehicles. The ETF has a well-curated portfolio of U.S.-listed companies, a modified equal-weighted methodology, and has shown commendable historical performance.

The AI revolution, with its expansion into neural networks and other novel fields, marks a dramatic shift away from traditional innovation models. ChatGPT and other platforms have made remarkable strides, with their undeniable conversational prowess.

Where does one look to find the best all-cap ETFs? The answer is trickier than you think.

GenAI has commanded attention and moved markets this year, earning comparisons to the internet and smartphones for its transformative potential. Unlike other technology innovations that had fleeting fame before fading to the background, we see genAI having a far-reaching and lasting impact.

This article will be updated with a link to the on-demand replay of the AI Symposium, when it becomes available. When discussing AI, the large companies like Microsoft, Tesla, or NVIDIA typically take up most of the oxygen.

KOMP provides an attractive opportunity to participate in the development of innovative areas in the economy, which are almost always in the focus. The composition of the fund's portfolio has changed since the beginning of the year, providing exposure to mining and crypto areas. I estimated up to 20% upside potential for the KOMP ETF, which could come with higher volatility though.

The artificial intelligence (AI) industry is growing rapidly, and investors are looking for ways to gain exposure to this market. One way to do this is through ETFs that invest in AI.

KOMP provides comprehensive exposure to innovative industries, which drives the fourth industrial revolution. The fund is highly diversified and includes both market leaders and young, advanced companies, with a focus on mid and small cap players. I believe the KOMP has a 15% upside potential against the backdrop of the secular shift to the “new economies”.

According to our estimates for 2030, propelled by AI software, total IT spend could increase 20% at an annual rate and surpass $20 trillion, which is four times the ~$5 trillion consensus estimate. Anticipating more than a doubling in productivity, companies are likely to purchase AI software at a 75% discount to the boost in worker productivity.

The changes will have the greatest impact on thematic and factor funds.