FITE vs PRNT

FITEAState Street SPDR S&P Kensho Future Security ETF

PRNTDThe 3D Printing ETF

In short

FITE Most "security" funds mean cybersecurity. FITE reads the word wider: cyber plus border security, robotics, drones, space, wearables and AR/VR, bundled into one global index basket since 2017.

PRNT A pure bet on 3D printing: roughly 60 printer makers, software firms and materials suppliers across the US, Taiwan and developed markets, followed by index rather than picked by a manager. Trading since 2016.

Stated mandate

FITE The fund seeks to track the S&P Kensho Future Security Index, targeting companies whose products and services support future security through areas such as cybersecurity, border security, robotics, drones, space, wearables, and virtual or augmented reality.

PRNT The Fund seeks to closely match, before fees and expenses, the performance of the Total 3D-Printing Index. It uses an indexing approach and generally replicates the Index by holding its securities in approximately the same proportions.

Why people hold it

• FITE One theme, many fronts: cybersecurity, border security, robotics, drones, space, wearables and virtual/augmented reality all sit inside the same index.ssga.com
• A 0.45% fee undercuts the typical global thematic fund, and it comes from State Street's SPDR lineup rather than a one-fund boutique.
• Live since 2017, so it has traded through a full cycle of thematic hype and hangover instead of arriving on a back-test.
• Roughly 80 names spread across sectors and countries, so no single defense contractor or chipmaker steers the whole portfolio.ssga.com

• PRNT Whole-portfolio exposure to one theme. No mega-cap ballast diluting the story, just roughly 60 names tied to the 3D printing chain across the US, Taiwan and developed markets.ark-funds.com
• Rules first, hunches never. It tracks the Total 3D-Printing Index, so holdings come from published methodology instead of a manager's conviction.ark-funds.com
• Launched in 2016, a long run for a theme this narrow. Plenty of thematic funds never see a full market cycle.

Worth knowing

• FITE Thinly traded next to broad index funds, which can mean wider bid-ask spreads at the moment you transact.
• Small by SPDR standards. Niche thematic funds lean on sustained investor interest to hold their scale.
• "Security" is drawn by index rules, so wearables and AR headset makers land beside the cyber and border names.

• PRNT At 0.66% a year, it costs more than the typical global thematic fund. Narrow niches rarely come cheap.
• Modest asset base and light trading. Spreads can widen, so limit orders matter more here than in a mega-cap index fund.
• One theme, roughly 60 stocks, many of them small industrials. Swings run bigger than a broad equity fund's, in both directions.

Full FITE profile⁠

Full PRNT profile⁠