MOON vs. KOMP

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Moonshot Innovators ETF (MOON) and SPDR S&P Kensho New Economies Composite ETF (KOMP).

MOON and KOMP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOON is a passively managed fund by Direxion that tracks the performance of the S&P Kensho Moonshots Index. It was launched on Nov 12, 2020. KOMP is a passively managed fund by State Street that tracks the performance of the S&P Kensho New Economies Composite Index. It was launched on Oct 22, 2018. Both MOON and KOMP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MOON vs. KOMP - Performance Comparison

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

MOON vs. KOMP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	9.85%	-61.07%	-13.78%	24.70%
KOMP SPDR S&P Kensho New Economies Composite ETF	-0.66%	19.74%	10.05%	20.09%	-32.21%	3.67%	19.03%

Returns By Period

MOON

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

KOMP

• 1D: 1.34%
• 1M: -5.65%
• YTD: -0.66%
• 6M: -4.55%
• 1Y: 28.77%
• 3Y*: 13.13%
• 5Y*: -1.44%
• 10Y*: —

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

MOON vs. KOMP - Expense Ratio Comparison

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

MOON

Direxion Moonshot Innovators ETF

KOMP

SPDR S&P Kensho New Economies Composite ETF

Return for Risk

MOON vs. KOMP — Risk / Return Rank

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

KOMP

KOMP Risk / Return Rank: 61
KOMP Sharpe Ratio Rank: 59
KOMP Sortino Ratio Rank: 61
KOMP Omega Ratio Rank: 54
KOMP Calmar Ratio Rank: 71
KOMP Martin Ratio Rank: 57

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.

MOON vs. KOMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) and SPDR S&P Kensho New Economies Composite ETF (KOMP). 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.

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

Sharpe Ratios by Period

	MOON	KOMP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Correlation

The correlation between MOON and KOMP is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MOON vs. KOMP - Dividend Comparison

MOON has not paid dividends to shareholders, while KOMP's dividend yield for the trailing twelve months is around 1.78%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%	0.00%	0.00%	0.00%
KOMP SPDR S&P Kensho New Economies Composite ETF	1.78%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%

Drawdowns

Drawdown Indicators

	MOON	KOMP	Difference
Max Drawdown Largest peak-to-trough decline	—	-50.06%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.50%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.83%	—
Current Drawdown Current decline from peak	—	-15.77%	—
Average Drawdown Average peak-to-trough decline	—	-22.07%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.01%	—

Volatility

Volatility by Period

	MOON	KOMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.39%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	26.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.87%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.09%	—