KOMP vs. MOON

Last updated Jun 3, 2026

KOMP (SPDR S&P Kensho New Economies Composite ETF) and MOON (Direxion Moonshot Innovators ETF) are both exchange-traded funds - KOMP is a Mid Cap Growth Equities fund tracking the S&P Kensho New Economies Composite Index, while MOON is a Technology Equities fund tracking the S&P Kensho Moonshots Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. KOMP charges 0.20%/yr vs 0.65%/yr for MOON.

Performance

KOMP vs. MOON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho New Economies Composite ETF (KOMP) and Direxion Moonshot Innovators ETF (MOON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KOMP

• 1D: 1.48%
• 1M: 13.57%
• YTD: 26.19%
• 6M: 25.67%
• 1Y: 51.97%
• 3Y*: 22.63%
• 5Y*: 4.06%
• 10Y*: —

MOON

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KOMP vs. MOON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
KOMP SPDR S&P Kensho New Economies Composite ETF	26.19%	19.74%	10.05%	20.09%	-32.21%	3.67%	19.03%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	9.85%	-61.07%	-13.78%	24.70%

Correlation

The correlation between KOMP and MOON is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Nov 13, 2020	0.73

The correlation between KOMP and MOON shifts across timeframes, from 0.48 (3 years) to 0.73 (all time), reflecting how their relationship changes across market environments.

KOMP vs. MOON - Sectors Allocation Comparison

Sectors	KOMP	MOON
Technology	33.0%	42.4%
Industrials	28.2%	7.5%
Healthcare	11.6%	23.5%
Financial Services	5.8%	4.2%
Communication Services	5.6%	9.3%
Utilities	5.2%	-
Consumer Cyclical	4.7%	11.9%
Basic Materials	2.9%	1.2%
Energy	2.8%	-
Consumer Defensive	0.2%	-
Real Estate	-	-

Return for Risk

KOMP vs. MOON — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KOMP

KOMP Risk / Return Rank: 63
KOMP Sharpe Ratio Rank: 68
KOMP Sortino Ratio Rank: 62
KOMP Omega Ratio Rank: 59
KOMP Calmar Ratio Rank: 67
KOMP Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KOMP vs. MOON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho New Economies Composite ETF (KOMP) and Direxion Moonshot Innovators ETF (MOON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	KOMP	MOON	Difference
Sharpe ratio Return per unit of total volatility	2.27	—	—
Sortino ratio Return per unit of downside risk	2.93	—	—
Omega ratio Gain probability vs. loss probability	1.37	—	—
Calmar ratio Return relative to maximum drawdown	3.38	—	—
Martin ratio Return relative to average drawdown	11.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KOMP	MOON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	—	—

Drawdowns

Drawdown Indicators

	KOMP	MOON	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.38%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-21.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.75%	—	—

Volatility

Volatility by Period

	KOMP	MOON	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.04%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.77%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.02%	—	—

KOMP vs. MOON - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is lower than MOON's 0.65% expense ratio.

Dividends

KOMP vs. MOON - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.40%, while MOON has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
KOMP SPDR S&P Kensho New Economies Composite ETF	1.40%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KOMP and MOON in my portfolio?

KOMP and MOON have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KOMP or MOON?

On fees, KOMP is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KOMP or MOON?

KOMP is cheaper with a 0.20% expense ratio, compared with 0.65% for MOON.

Which ETF pays a higher dividend yield, KOMP or MOON?

KOMP has the higher dividend yield at 1.40%, compared with 0.00% for MOON.

What is the main difference between KOMP and MOON?

KOMP is categorized as Mid Cap Growth Equities, while MOON is Technology Equities. KOMP tracks S&P Kensho New Economies Composite Index, while MOON tracks S&P Kensho Moonshots Index. They also come from different issuers: State Street and Direxion. Their fees differ too: 0.20% for KOMP and 0.65% for MOON.