The SPDR S&P Kensho New Economies Composite ETF (KOMP) provides investors with an opportunity to capitalize on the growth of the “new economy”, which is driven by the rapid development of AI, cloud computing, big data, machine learning, and robotics. KOMP is established to mirror the performance of the S&P Kensho New Economies Composite Index, which covers more than 20 areas of the new economy. The selection of issuers to be included in the index is not based on quantitative criteria, but instead, the power of AI and Natural Language Processing is used to scan regulatory filings for key innovative terms and words. KOMP provides an attractive opportunity to gain exposure to innovative industries with significant long-term potential.
