PortfoliosLab logo

SPDR S&P Kensho Future Security ETF (FITE)

ETF · Currency in USD · Last updated Mar 18, 2023

FITE is a passive ETF by State Street tracking the investment results of the S&P Kensho Future Security Index. FITE launched on Dec 26, 2017 and has a 0.45% expense ratio.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in SPDR S&P Kensho Future Security ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,309 for a total return of roughly 53.09%. All prices are adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
2.26%
6.48%
FITE (SPDR S&P Kensho Future Security ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with FITE

Popular comparisons: FITE vs. ROKT, FITE vs. CIBR

Return

SPDR S&P Kensho Future Security ETF had a return of 2.02% year-to-date (YTD) and -11.52% in the last 12 months. Over the past 10 years, SPDR S&P Kensho Future Security ETF had an annualized return of 8.52%, outperforming the S&P 500 benchmark which had an annualized return of 7.53%.


PeriodReturnBenchmark
1 month-6.53%-5.31%
Year-To-Date2.02%2.01%
6 months-4.26%0.39%
1 year-11.52%-10.12%
5 years (annualized)7.45%7.32%
10 years (annualized)8.52%7.53%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.03%0.32%
2022-9.92%10.67%-3.28%-3.48%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current SPDR S&P Kensho Future Security ETF Sharpe ratio is -0.44. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.44
-0.43
FITE (SPDR S&P Kensho Future Security ETF)
Benchmark (^GSPC)

Dividend History

SPDR S&P Kensho Future Security ETF granted a 0.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.05 per share.


PeriodTTM20222021202020192018
Dividend$0.05$0.05$0.48$0.41$0.17$0.52

Dividend yield

0.11%0.12%0.92%0.89%0.45%1.84%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR S&P Kensho Future Security ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.02
2021$0.00$0.00$0.28$0.00$0.00$0.01$0.00$0.00$0.13$0.00$0.00$0.07
2020$0.00$0.00$0.31$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.08
2019$0.00$0.00$0.05$0.00$0.00$0.01$0.00$0.00$0.05$0.00$0.00$0.06
2018$0.02$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.47

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-21.52%
-18.34%
FITE (SPDR S&P Kensho Future Security ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the SPDR S&P Kensho Future Security ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the SPDR S&P Kensho Future Security ETF is 36.90%, recorded on Mar 20, 2020. It took 179 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-36.9%Jan 17, 202044Mar 20, 2020179Dec 3, 2020223
-27.14%Nov 9, 2021235Oct 14, 2022
-23.36%Sep 17, 201869Dec 24, 201871Apr 8, 2019140
-9.45%Feb 10, 202116Mar 4, 202136Apr 26, 202152
-7.74%Jul 29, 201914Aug 15, 201962Nov 12, 201976
-7.69%May 6, 201920Jun 3, 201913Jun 20, 201933
-6.72%Jan 30, 20186Feb 6, 20189Feb 20, 201815
-6.33%Sep 7, 202120Oct 4, 202113Oct 21, 202133
-6.15%Jun 18, 202121Jul 19, 202129Aug 27, 202150
-5.96%Apr 27, 202112May 12, 202111May 27, 202123

Volatility Chart

Current SPDR S&P Kensho Future Security ETF volatility is 22.40%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2023FebruaryMarch
22.40%
21.17%
FITE (SPDR S&P Kensho Future Security ETF)
Benchmark (^GSPC)