SPDR S&P Kensho Final Frontiers (ROKT)

Overview

The SPDR S&P Kensho Final Frontiers ETF (ROKT) seeks to provide investment results that correspond generally to the total return performance of the S&P Kensho Final Frontiers Index. It focuses on companies involved in the exploration and development of space and deep sea resources.

Reputation and Reliability

State Street SPDR ETFs are among the largest and most reputable ETF providers, known for their broad range of investment products and established track record.

Management Expertise

State Street Global Advisors has extensive experience in managing passive investment strategies and ETFs, leveraging a well-established infrastructure and team.

Goal

To provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index.

Investment Approach and Strategy

Strategy: The ETF aims to track a specific index, the S&P Kensho Final Frontiers Index, which represents companies involved in space exploration, deep sea resources, and related technologies.

Composition The ETF primarily holds stocks of companies engaged in activities related to space, underwater resources, and enabling technologies. It may include companies of varying market capitalizations.

Market Share: ROKT holds a relatively small market share within the broader innovation-focused ETF space.

Total Net Assets (AUM): 38000000

Key Competitors

• ARK Space Exploration & Innovation ETF (ARKX)
• Procure Space ETF (UFO)

Competitive Landscape

The competitive landscape includes ETFs with similar themes, such as space exploration and technological innovation. ROKT's advantages may lie in its specific index methodology, while disadvantages might include a smaller AUM and lower trading volume compared to larger competitors like ARKX. These competitor market share percentages are approximate values.

Historical Performance: Historical performance data should be obtained from reliable financial data providers for specific time periods. Data available upon request.

Benchmark Comparison: The ETF's performance should be compared to the S&P Kensho Final Frontiers Index to assess tracking efficiency. Data available upon request.

Expense Ratio: 0.45

Average Trading Volume

The average trading volume indicates the ease with which shares can be bought or sold, which varies depending on market conditions, but is generally considered sufficient.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept, and is typically narrow, but can widen in times of market volatility.

Market Environment Factors

Economic indicators such as interest rates and inflation, sector growth prospects in aerospace and underwater technologies, and overall market sentiment influence ROKT's performance.

Growth Trajectory

Growth trends are tied to the increasing interest in space exploration, deep-sea resource development, and advancements in related technologies. Changes to strategy and holdings are dictated by the underlying index methodology.

Competitive Edge

ROKT's competitive advantage lies in its focused approach to the 'Final Frontiers' theme, specifically targeting companies involved in space and deep-sea activities. This niche focus differentiates it from broader technology or innovation ETFs. The fund's index methodology aims to capture companies at the forefront of these emerging industries. Its affiliation with State Street provides credibility and access to a well-established distribution network, offering a competitive advantage compared to smaller or less established ETF providers. This specialized focus allows investors to gain targeted exposure to these areas.

Volatility

Volatility is influenced by the high-growth nature of the underlying companies, as well as broader market conditions. Data available upon request.

Market Risk

Specific risks include technological obsolescence, regulatory uncertainties, and the high capital expenditure typically associated with space exploration and deep-sea ventures.

Ideal Investor Profile

The ideal investor is one who is seeking long-term growth potential and has a high risk tolerance, with an interest in the space and deep-sea sectors.

Market Risk

ROKT is suitable for long-term investors and active traders looking for thematic exposure, but less suited for passive index followers due to the focused nature of the investment.

The SPDR S&P Kensho Final Frontiers ETF (ROKT) provides targeted exposure to companies engaged in space exploration and deep-sea resource development. Its performance is driven by the growth potential of these emerging sectors. While ROKT's niche focus offers diversification benefits, it's important to note its inherent volatility and reliance on technological advancements. Investors should carefully consider their risk tolerance and investment horizon before investing. The fund is a component of the State Street's Kensho suite.

Data Sources:

• State Street Global Advisors Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data is estimated and may vary.