SPDR S&P Kensho Final Frontiers ETF (ROKT)
ARCA ARCA Primary Summary
ROKT Chart
ROKT: 3 Current Catalysts That Make Unjustifiable Valuations Justified
The State Street SPDR S&P Kensho Final Frontiers ETF delivers a 124% 1Y performance, driven by defense, industrial momentum, and space/deep-sea exposure. ROKT's diversified, AI-driven, equally-weighted portfolio leans heavily on top holdings, with over 40% in the top 10 and 53% in Aerospace & Defense. The forward P/E of 27.65x and EPS growth expectations (21.45% annualized) justify current valuations if growth materializes, but EPS revisions are not robust.
Should You Invest in the State Street SPDR S&P Kensho Final Frontiers ETF (ROKT)?
Designed to provide broad exposure to the Industrials - Aerospace & Defense segment of the equity market, the State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) is a passively managed exchange traded fund launched on October 22, 2018.
SPDR S&P Kensho Final Frontiers ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PZ Paul Zarling Client First Investment Management LLC | 12,734 | $1.08M | $1.58M | $501,273.97 | 46.26% |
| RL Rajendra Lachman Berbice Capital Management LLC | 100 | $9,946 | $12,445 | $2,499.5 | 25.13% |
SPDR S&P Kensho Final Frontiers ETF (ROKT) FAQ
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SPDR S&P Kensho Final Frontiers ETF Profile
| ARCA Exchange | US Country |
Overview
The investment is designed to yield results that, before the deduction of fees and expenses, generally mirror the total return performance of the S&P Kensho Final Frontiers Index. Operating under normal market conditions, the strategy primarily allocates its assets—substantially all, but at a minimum 80%,—to securities that form the index. This index aims to encapsulate enterprises whose innovations are pivotal to the exploration domains of both deep space and the deep sea. Offering a non-diversified fund structure, it presents a focused investment outlook on cutting-edge sectors.
Products and Services
- Securities of the S&P Kensho Final Frontiers Index
The core of the fund’s investments is in the securities that compose the S&P Kensho Final Frontiers Index. This selection targets companies involved in pioneering efforts towards exploring outer space and ocean depths, representing a commitment to capturing the growth potential within these futuristic sectors.
- Equity Securities Not Included in the Index
Apart from the primary securities, the fund has the discretion to invest in equity securities that are not part of the S&P Kensho Final Frontiers Index. This allows for a flexible approach to include potentially profitable companies that fall outside the index but are aligned with its thematic focus on exploration and innovation.
- Cash and Cash Equivalents or Money Market Instruments
In addition to the invested securities, the fund may allocate assets to cash, cash equivalents, or money market instruments. This aspect of the investment strategy offers liquidity and a buffer against market volatility, ensuring that the fund remains agile in its operational management.
