KOMP vs. MOON

Last updated Aug 2, 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. Their 0.71 correlation means they have sometimes moved together and sometimes differently. 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: -0.09%
• 1M: -5.47%
• 6M: 4.39%
• YTD: 10.19%
• 1Y: 21.97%
• 3Y*: 13.12%
• 5Y*: 2.00%
• 10Y*: —
• ALL TIME*: 12.11%

MOON

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KOMP SPDR S&P Kensho New Economies Composite ETF	$3.68M	$4.72M	$6.88M

KOMP vs. MOON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
KOMP SPDR S&P Kensho New Economies Composite ETF	10.19%	19.74%	10.05%	20.09%	-32.21%	3.67%	18.79%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	9.85%	-61.07%	-13.78%	26.82%

Correlation

The correlation between KOMP and MOON is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (All Time) Calculated using the full available price history since Nov 12, 2020	0.72

The correlation between KOMP and MOON shifts across timeframes, from 0.43 (3 years) to 0.71 (all time), reflecting how their relationship changes across market environments.

KOMP vs. MOON - Sectors Allocation Comparison

Sectors	KOMP	MOON
Technology	38.9%	42.4%
Industrials	25.7%	7.5%
Healthcare	12.9%	23.5%
Consumer Cyclical	6.0%	11.9%
Communication Services	4.2%	9.3%
Financial Services	4.0%	4.2%
Utilities	3.6%	-
Basic Materials	3.0%	1.2%
Energy	1.3%	-
Consumer Defensive	0.5%	-
Real Estate	-	-

Return for Risk

KOMP vs. MOON — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KOMP

KOMP Risk / Return Rank: 33
KOMP Sharpe Ratio Rank: 31
KOMP Sortino Ratio Rank: 31
KOMP Omega Ratio Rank: 30
KOMP Calmar Ratio Rank: 36
KOMP Martin Ratio Rank: 34

MOON

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KOMP	MOON	Difference
Sharpe ratio: Return per unit of total volatility	0.76	—	—
Sortino ratio: Return per unit of downside risk	1.18	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.27	—	—
Martin ratio: Return relative to average drawdown	3.28	—	—

Drawdowns

Drawdown Indicators

	KOMP	MOON	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.57%	—	—
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	-12.68%	—	—
Average Drawdown Average peak-to-trough decline	-21.42%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	—	—

Volatility

Volatility by Period

	KOMP	MOON	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.79%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.22%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.12%	—	—

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 1.58%, 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	1.58%	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 0.71, 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 1.58%, 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.