SPDR Kensho Smart Mobility ETF
ALTAR
Score™
5.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
-129.7x P/Sales
ratio
0.8x
P/BV
ratio
2.4x Div.
yield
0.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
XKST tracks an index of US-listed companies that focuses on autonomous vehicle technology, drone technology, and advanced transportation tracking and transport optimization systems.

FUND BASICS
Category Global Equities
Fund Sponsor SSGA
Website us.spdrs.com
Inception date Dec 26, 2017
Assets (mns) $6
Currency USD
Expense ratio 45 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 59
Wgt avg mkt cap (mns) $27,603
Large cap (>$10bn) 43.0%
Mid cap ($2-10bn) 23.9%
Small cap (<$2bn) 33.1%
Developed mkts 94.0%
Emerging mkts 6.0%

TOP TEN HOLDINGS
NIO INC. SPONSORED ADR CLASS A 5.3 %
WORKHORSE GROUP INC. 3.9 %
PLUG POWER INC 3.7 %
TESLA MOTORS INC 3.4 %
BALLARD POWER SYSTEMS INC 3.1 %
YANDEX NV-A 2.7 %
AVIS BUDGET GROUP INC 2.3 %
FORTIVE CORP. 2.2 %
BORGWARNER INC 2.2 %
CUMMINS INC 2.2 %
Total 31.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 67.1 %
CHINA 7.0 %
BRITAIN 4.7 %
JAPAN 4.5 %
NETHERLANDS 4.3 %
CANADA 3.1 %
IRELAND 2.1 %
SWITZERLAND 1.6 %
LUXEMBOURG 1.5 %
INDIA 1.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.8% 14.6% -- -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 1.60 81%
MSCI EAFE 1.71 80%
MSCI Emg. Mkts. 1.38 79%

Technical Indicators
Recent close $32.55
30d moving avg. $30.64
Annualized volatility 32.8%
Short interest (ETF) 0.2%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 6
Turnover 3.2%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $34,135

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the SPDR Kensho Smart Mobility ETF ETF based on the alternatives' overlap in portfolio holdings with XKST. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XKST Expense: 45 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XKST
Ticker Fund
Name
Overlap1
vs XKST
(%)
Expense
ratio
(bp)
Savings
vs XKST
(bp)
ALTAR
Score™
(%)
ALTAR
vs XKST
(%)
MOTO SmartETFs Smart Transportation & Technology ETF 22.7 68 -23 7.4 +2.1
GMAN Goldman Sachs Motif Manufacturing Revolution ETF 21.5 50 -5 3.9 -1.4
DRIV Global X Autonomous & Electric Vehicles ETF 21.3 68 -23 5.4 +0.1
KOMP SPDR Kensho New Economies Composite ETF 19.6 20 25 2.6 -2.7
IDRV iShares Self-driving EV & Tech ETF 18.5 47 -2 6.9 +1.6
PBW Invesco WilderHill Clean Energy ETF 17.8 70 -25 -4.0 -9.3
LOUP Innovator Loup Frontier Tech ETF 16.2 70 -25 3.9 -1.4
EKAR Innovation Shares NextGen Vehicles & Technology ETF 15.1 95 -50 8.0 +2.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 14.4 70 -25 7.4 +2.2
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 13.8 60 -15 0.3 -5.0
ARKQ Ark Industrial Innovation ETF 13.5 75 -30 0.6 -4.7
FTXR First Trust Nasdaq Transportation ETF 12.8 60 -15 6.3 +1.0
XNTK SPDR NYSE Technology ETF 12.6 35 10 3.6 -1.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 12.3 65 -20 3.9 -1.4
XKCP SPDR Kensho Clean Power ETF 12.2 45 0 0.3 -5.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 10.8 57 -12 4.9 -0.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 10.6 70 -25 4.2 -1.1
IQM Franklin Intelligent Machines ETF 10.2 50 -5 2.0 -3.3
ACES ALPS Clean Energy ETF 10.1 65 -20 0.9 -4.4
SMH VanEck Vectors Semiconductor ETF 9.9 35 10 5.4 +0.1
QTUM Defiance Quantum ETF 9.8 40 5 5.7 +0.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 9.6 49 -4 2.2 -3.1
SIMS SPDR S&P Kensho Intelligent Structures ETF 9.5 45 0 6.0 +0.7
XSD SPDR S&P Semiconductor ETF 9.5 35 10 4.0 -1.3
PZD Invesco Cleantech ETF 8.9 68 -23 4.7 -0.6
QVAL Alpha Architect U.S. Quantitative Value ETF 8.8 49 -4 12.6 +7.3
RYT Invesco S&P 500 Equal Weight Technology ETF 8.7 40 5 6.8 +1.5
SDG iShares Sustainable MSCI Global Impact ETF 8.6 49 -4 5.6 +0.3
SOXX iShares PHLX Semiconductor ETF 8.6 46 -1 5.3 -0.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 8.5 59 -14 4.2 -1.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 8.5 35 10 4.4 -0.9
JHMT John Hancock Multifactor Technology ETF 8.4 40 5 5.0 -0.3
QYLD Global X NASDAQ 100 Covered Call ETF 8.3 60 -15 3.5 -1.8
NUSI Nationwide Risk-Managed Income ETF 8.3 68 -23 3.5 -1.8
QQQ Invesco QQQ Trust 8.0 20 25 3.8 -1.5
IPO Renaissance IPO ETF 7.9 60 -15 23.1 +17.8
THNQ ROBO Global Artificial Intelligence ETF 7.7 68 -23 1.9 -3.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.7 75 -30 2.0 -3.3
IRBO iShares Robotics & Artificial Intelligence ETF 7.7 47 -2 2.7 -2.6
GIGE SoFi Gig Economy ETF 7.5 59 -14 -0.5 -5.8
SFYF SoFi 50 ETF 7.5 29 16 5.1 -0.2
FXD First Trust Consumer Discretionary AlphaDEX Fund 7.5 64 -19 7.9 +2.6
FTXL First Trust Nasdaq Semiconductor ETF 7.4 60 -15 4.9 -0.4
VLUE iShares Edge MSCI USA Value Factor ETF 7.4 15 30 11.5 +6.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 7.3 65 -20 3.4 -1.9
CARZ First Trust NASDAQ Global Auto Index Fund 7.2 70 -25 14.2 +8.9
HLAL Wahed FTSE USA Shariah ETF 7.2 50 -5 4.6 -0.7
IYK iShares U.S. Consumer Goods ETF 7.2 42 3 5.1 -0.2
PEXL Pacer US Export Leaders ETF 7.1 60 -15 6.1 +0.8
NULC Nuveen ESG Large-Cap ETF 7.0 20 25 5.0 -0.3
SUSA iShares MSCI USA ESG Select ETF 6.9 25 20 4.8 -0.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 6.9 21 24 2.9 -2.4
JHMC John Hancock Multifactor Consumer Discretionary ETF 6.8 40 5 4.3 -1.0
JKE iShares Morningstar Large-Cap Growth ETF 6.8 25 20 2.8 -2.5
GVIP Goldman Sachs Hedge Industry VIP ETF 6.8 45 0 4.7 -0.6
MTUM iShares Edge MSCI USA Momentum Factor ETF 6.7 15 30 4.1 -1.2
PBD Invesco Global Clean Energy ETF 6.6 75 -30 1.6 -3.7
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 6.5 40 5 6.8 +1.5
GDAT Goldman Sachs Motif Data-Driven World Etf 6.5 50 -5 4.9 -0.4
DSI iShares MSCI KLD 400 Social ETF 6.5 25 20 5.1 -0.2
RFV Invesco S&P Midcap 400 Pure Value ETF 6.5 35 10 10.8 +5.5
VEGN US Vegan Climate ETF 6.4 60 -15 5.2 -0.1
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 6.4 59 -14 3.6 -1.7
FMK First Trust Mega Cap AlphaDEX Fund 6.4 70 -25 5.2 -0.1
VCR Vanguard Consumer Discretionary Index Fund 6.3 10 35 3.9 -1.4
AIQ Global X Future Analytics Tech ETF 6.3 68 -23 3.9 -1.4
XTN SPDR S&P Transportation ETF 6.2 35 10 5.7 +0.4
LEGR First Trust Index Digital Transaction & Process Technology E 6.1 65 -20 7.1 +1.8
FTEC Fidelity MSCI Information Technology Index ETF 6.1 8 37 4.6 -0.7
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 6.1 60 -15 2.9 -2.4
VGT Vanguard Information Technology Index Fund 6.1 10 35 4.6 -0.7
NXTG First Trust Indxx NextG ETF 6.0 70 -25 6.1 +0.9
EQRR ProShares Equities for Rising Rates ETF 6.0 35 10 6.3 +1.0
IYW iShares U.S. Technology ETF 6.0 42 3 4.0 -1.3
SNSR Global X Internet of Things Thematic ETF 6.0 68 -23 4.5 -0.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 6.0 10 35 5.3 +0.0
TDV ProShares S&P Technology Dividend Aristocrats ETF 5.9 45 0 4.8 -0.5
SUSL iShares ESG MSCI USA Leaders ETF 5.9 10 35 5.3 +0.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 5.9 8 37 3.4 -1.9
ROBO Robo Global Robotics & Automation Index ETF 5.9 95 -50 3.5 -1.8
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 5.8 49 -4 5.2 -0.1
ESG FlexShares STOXX US ESG Impact Index Fund 5.7 32 13 5.1 -0.2
CALF Pacer US Small Cap Cash Cows 100 ETF 5.7 59 -14 13.6 +8.3
BLCN Reality Shares Nasdaq NextGen Economy ETF 5.6 68 -23 4.0 -1.3
TECB iShares US Tech Breakthrough Multisector ETF 5.6 40 5 4.0 -1.3
SPHQ Invesco S&P 500 Quality ETF 5.6 15 30 4.6 -0.7
SYG SPDR MFS Systematic Growth Equity ETF 5.6 60 -15 4.3 -1.0
XLK Technology Select Sector SPDR Fund 5.5 13 32 4.7 -0.6
FPX First Trust US IPO Index Fund 5.5 58 -13 2.6 -2.7
RNLC Large Cap US Equity Select ETF 5.5 60 -15 6.3 +1.0
TMFC Motley Fool 100 Index ETF 5.4 50 -5 3.7 -1.6
RPV Invesco S&P 500 Pure Value ETF 5.3 35 10 11.4 +6.1
IGM iShares Expanded Tech Sector ETF 5.3 46 -1 3.8 -1.5
FNI First Trust Chindia ETF 5.3 60 -15 2.7 -2.6
FDMO Fidelity Momentum Factor ETF 5.3 29 16 3.8 -1.5
CHIQ Global X China Consumer ETF 5.3 65 -20 7.0 +1.7
KGRN KraneShares MSCI China Environment Index ETF 5.3 80 -35 4.8 -0.5
XT iShares Exponential Technologies ETF 5.3 47 -2 5.1 -0.2
GEX VanEck Vectors Global Alternative Energy ETF 5.3 62 -17 4.3 -1.0
ICLN iShares Global Clean Energy ETF 5.3 46 -1 3.1 -2.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
SPDR Kensho Smart Mobility ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.1 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.