DUNK vs KOMP: Grades, Fees and Holdings Compared

Dana Unconstrained Equity ETF

DUNKDNYSE Arca

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

Overlap

2.9%by weight

Expense ratio

KOMP −0.55pt a year

DUNK0.75%KOMP0.20%

Avg volume · 30D

KOMP 6.1×the volume

DUNK11.3KKOMP68.9K

DUNK vs KOMP Performance

Nov 7, 2025 – Nov 9, 2026

+11.6%DUNK+1.6%KOMP

Expense ratio: DUNK 0.75%; KOMP 0.20%, better
Fund size: DUNK $166M; KOMP $2.39B
1Y total return: DUNK +11.6%, better; KOMP +1.6%
Yield (12M): DUNK No data; KOMP 1.63%
Holdings: DUNK 26; KOMP 501
Avg volume (30D): DUNK 11.3K sh; KOMP 68.9K sh, better
NAV per share: DUNK $27.29; KOMP $60.11
52W range

ETF.net Grade

Pillar letters and Scores for DUNK, KOMP, with each pillar’s weight
Pillar	DUNK	KOMP
Cost30% weight	F22	A100Higher
Mission25% weight	B55	Not scored
Risk15% weight	B58	B58
Tradability15% weight	D38	A78Higher
Holdings10% weight	D30	A89Higher
Durability5% weight	C47	A89Higher

Rank among Disruptive Innovation funds

How we build Categories ›

Same Category. DUNK and KOMP are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds

See all 30 ›

KOMP ranks 2nd and DUNK 26th of 30 funds in the Disruptive Innovation Category.

Rank 1AXTiShares Future Exponential Technologies ETFScore 85
Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 84
Rank 3ATRFMAAM Transformers ETFScore 74
Rank 25DYNOTHorizon Digital Frontier ETFScore 36
Rank 26DDUNKDana Unconstrained Equity ETFScore 35
Rank 27DTMATMain Thematic Innovation ETFScore 33

Our read on each fund

ETF.net Research

DUNKDDana Unconstrained Equity ETF

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

In short

DUNK Most disruptive-tech funds buy the story. Dana's 2025 entry is an active portfolio that leans toward innovators already posting rising profits and business momentum, with valuation risk as a stated brake. Innovation with a profitability filter.

KOMP Most thematic funds bet on one idea. KOMP buys the whole Fourth Industrial Revolution: 20-plus Kensho subsectors, from robotics to genetic engineering, spread across roughly 500 global stocks for 0.20% a year.

Stated mandate

DUNK The Fund seeks long-term growth of capital through active investment primarily in U.S.-listed equity companies involved in, or expected to benefit from, disruptive technologies. The strategy emphasizes companies with rising profitability and business momentum while considering valuation risk.

KOMP The Fund seeks investment results that generally correspond, before fees and expenses, to the total return performance of the S&P Kensho New Economies Composite Index.

Why people hold it

DUNK Actively run rather than index-bound: the mandate emphasizes disruptive-technology companies with rising profitability and business momentum, not just a good pitch deck.
Valuation risk is written into the strategy itself, an unusual guardrail in a corner of the market known for paying up for growth.
Sticks to U.S.-listed equities, so you get the innovation theme without a currency or foreign-market layer stacked on top.

KOMP 0.20% a year, under a third of the typical disruptive-innovation fund's fee and below peers like XT (0.46%) and TRFM (0.49%).
Kensho's language-processing engine scans regulatory filings for context and keywords, so membership rests on what a company discloses it does, not an old sector label.ssga.com spglobal.com
About 500 global names across 20-plus subsectors, equal weighted within each group with extra weight to 'core' operators. One mega-cap can't run the show.spglobal.com
Trading since 2018 and now a multi-billion-dollar fund, it sits among the strongest implementations in the disruptive-innovation group.

Worth knowing

DUNK At 0.75% a year it runs above the typical disruptive-innovation ETF, and well above index-based rivals such as KOMP (0.20%) and XT (0.46%).
Launched in September 2025, so there is little live record behind the manager's stock picks, and it trades lightly, which tends to mean wider spreads.
Built around long-term growth of capital, not income; payouts are not part of the design.

KOMP Equal weighting reaches down into smaller, earlier-stage innovators, so swings run wider than a plain broad-market index fund.spglobal.com
Subsector weights follow a risk-adjusted-return formula with annual reconstitution, so the mix drifts toward industries that have recently performed well.ssga.com spglobal.com
Breadth cuts both ways: a pure play on one theme like AI or space gets diluted here across the entire innovation map.spglobal.com

Full DUNK profile⁠

Full KOMP profile⁠

DUNK vs KOMP Holdings

How DUNK and KOMP differ

Overlap by weight

2.9%

Shared holdings make up 51.9% of DUNK and 2.9% of KOMP.

Level by level

Holdings12 in both2.9%
Sector10 Sectors68.1%
Countryby domicile88.7%
Asset classStocks100%

Sector

Sector weights in DUNK and KOMP, widest gap first
Sector	Gap	DUNK	KOMP
Industrials	KOMP +21.7 points	1.2%	22.9%
Consumer Discretionary	DUNK +10.1 points	15.6%	5.5%
Financials	DUNK +8.9 points	13.1%	4.2%
Technology	DUNK +7.8 points	47.3%	39.5%
Health Care	DUNK +4.9 points	20.1%	15.2%
Materials	KOMP +3.1 points	0.0%	3.1%
Utilities	KOMP +3.0 points	0.0%	3.0%
Communication	KOMP +2.9 points	1.7%	4.6%
Energy	KOMP +0.6 points	0.9%	1.5%
Consumer Staples	KOMP +0.6 points	0.0%	0.6%

Country, concentration and asset class

Country by domicile

Country weights in DUNK and KOMP, widest gap first
Country	Gap	DUNK	KOMP
United States	DUNK +6.4 points	93.3%	86.9%
Canada	DUNK +5.0 points	6.7%	1.7%
China	KOMP +3.6 points	0.0%	3.6%
Israel	KOMP +2.4 points	0.0%	2.4%
Taiwan	KOMP +0.9 points	0.0%	0.9%
Brazil	KOMP +0.8 points	0.0%	0.8%
Japan	KOMP +0.6 points	0.0%	0.6%
South Korea	KOMP +0.6 points	0.0%	0.6%
Other countries (11)	KOMP +2.4 points	0.0%	2.4%

Concentration

Weight in the 10 largest Holdings

DUNK67.6%
KOMP10.5%

Securities held

DUNK26
KOMP498

Asset class

DUNK: Stocks
KOMP: Stocks

Holdings

Only in DUNK14
In both12
Only in KOMP486

Only in DUNK

14 securities, 48.1% of DUNK by weight

Snowflake Inc10.18%
AbbVie Inc6.33%
Eli Lilly & Co6.18%
DoorDash Inc5.35%
Amazon.com Inc4.46%
Airbnb Inc4.30%
Revolution Medicines Inc2.54%
Starbucks Corp2.48%
Advanced Micro Devices Inc1.53%
First American Government Obligations Fund 12/01/20311.26%
Ge Aerospace1.20%
EOG Resources Inc0.93%
Viking Therapeutics Inc0.75%
Lam Research Corp0.67%

Only in KOMP

486 securities, 97.1% of KOMP by weight

Ptc Inc1.50%
Twist Bioscience Corp1.42%
Unity Software Inc1.37%
Bruker Corp1.19%
Elbit Systems Ltd1.00%
Ouster Inc0.89%
Ambarella Inc0.85%
Tesla Inc0.78%
3D Systems Corp0.76%
Aerovironment Inc0.73%
Himax Technologies Inc Adr0.70%
Stratasys Ltd0.69%
Teledyne Technologies Inc0.67%
Parsons Corp0.65%
Leidos Holdings Inc0.64%
Snap Inc A0.63%
Emerson Electric Co0.54%
Adt Inc0.53%
Intuitive Surgical Inc0.53%
Shoals Technologies Group A0.53%
Danaher Corp0.53%
Alarm.com Holdings Inc0.53%
Kopin Corp0.53%
Autodesk Inc0.53%
Thermo Fisher Scientific Inc0.51%
Northrop Grumman Corp0.51%
Ameresco Inc Class A0.50%
Rockwell Automation Inc0.49%
Heico Corp0.49%
Moderna Inc0.49%
Iridium Communications Inc0.48%
Cabot Corp0.48%
Hp Inc0.47%
Generac Holdings Inc0.46%
Proto Labs Inc0.46%
Kla Corp0.46%
Vuzix Corp0.46%
Lockheed Martin Corp0.44%
Redwire Corp0.44%
Nve Corp0.43%
On Semiconductor0.43%
Atlassian Corp Class A0.41%
Transalta Corp0.41%
Cognex Corp0.40%
Novanta Inc0.40%
Constellation Energy0.40%
Oceaneering Intl Inc0.40%
Ondas Inc0.40%
Zebra Technologies Corp Class A0.39%
Sk Telecom Co Ltd Spon Adr0.39%

Weight gaps

All 12 Holdings in both funds, largest gap first.

Holding weights in DUNK and KOMP, widest gap first
Holding	Gap	DUNK	KOMP
Microsoft CorpMSFT	DUNK +9.67 points	9.93%	0.26%
Shopify IncSHOP	DUNK +6.71 points	6.77%	0.06%
Visa IncV	DUNK +6.70 points	6.75%	0.05%
Mastercard IncMA	DUNK +5.94 points	6.01%	0.07%
Johnson & JohnsonJNJ	DUNK +4.67 points	4.79%	0.12%
NVIDIA CorpNVDA	DUNK +4.56 points	5.31%	0.75%
Datadog IncDDOG	DUNK +4.28 points	4.44%	0.16%
ServiceNow IncNOW	DUNK +2.44 points	2.71%	0.27%
Broadcom IncAVGO	DUNK +1.53 points	1.63%	0.10%
Analog Devices IncADI	DUNK +1.23 points	1.40%	0.17%
Meta Platforms IncMETA	DUNK +0.88 points	1.63%	0.75%
Uber Technologies IncUBER	DUNK +0.37 points	0.49%	0.12%

All DUNK holdings⁠All 499 KOMP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DUNK vs KOMP Cost

Overpaying DUNK vs KOMP

$10,327

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DUNK 0.75%
$14,482
KOMP 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

DUNK 0.75%
KOMP 0.20%
Overpaying

Year by year

Year	DUNK	KOMP	Overpaying
10	$1,336	$365	$971
20	$5,078	$1,421	$3,657
30	$14,482	$4,155	$10,327

Expense ratio

0.75%DUNK
0.20%KOMP, cheaper

KOMP0.20%DUNK0.75%

0.20%0.90%

Middle half of Disruptive Innovation funds
Median 0.65%

KOMP cheapest of 30 funds

DUNK 20th cheapest of 30 funds

DUNK vs KOMP Dividends

Last 12 months to Nov 9, 2026

Yield (12M): DUNK No data; KOMP 1.63%
Payout (12M): DUNK None; KOMP $1.02
Last payment: DUNK No data; KOMP $0.13
Ex-dividend: DUNK No data; KOMP Sep 21, 2026
Paid on: DUNK No data; KOMP Sep 23, 2026
Frequency: DUNK No data; KOMP Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

DUNKAll DUNK payments⁠

No distribution history available.

KOMPQuarterly · 33 paymentsAll KOMP payments⁠

DUNK vs KOMP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DUNK 25.1%since Oct 2025KOMP 22.3%
Return per unit of riskSharpe ratio, 3 years: DUNK 0.34since Oct 2025KOMP 0.76
Worst fallMax drawdown, 5 years: DUNK −25.6%since Sep 2025KOMP −45.0%
Market sensitivityBeta, 5 years: DUNK 1.36KOMP 1.65; Market = 1

DUNK and KOMP in the news

All news⁠

New ETFs
Tuttle's GANZ looks for a theme's suppliers, but its own rule gives them the smaller share
Oct 27, 2026KOMP
Deep Dive
Disruptive innovation ETFs share a label, not a portfolio
Sep 11, 2026KOMP

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DUNK vs KOMP

In short

Stated mandate

Why people hold it

Worth knowing

How DUNK and KOMP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DUNK

Only in KOMP

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Tuttle's GANZ looks for a theme's suppliers, but its own rule gives them the smaller share

Disruptive innovation ETFs share a label, not a portfolio

How DUNK and KOMP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DUNK

Only in KOMP

Weight gaps