KOMP vs TEC: Grades, Fees and Holdings Compared

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

Harbor Transformative Technologies ETF (TEC)

TECCNYSE Arca

Overlap

6.4%by weight

Expense ratio

KOMP −0.49pt a year

KOMP0.20%TEC0.69%

Avg volume · 30D

KOMP 175.4×the volume

KOMP70KTEC399

KOMP vs TEC Performance

Oct 31, 2025 – Oct 30, 2026

−1.6%KOMP+7.2%TEC

Expense ratio: KOMP 0.20%, better; TEC 0.69%
Fund size: KOMP $2.57B; TEC $6M
1Y total return: KOMP −1.6%; TEC +7.2%, better
Yield (12M): KOMP 1.63%; TEC No data
Holdings: KOMP 501; TEC 44
Avg volume (30D): KOMP 70K sh, better; TEC 399 sh
NAV per share: KOMP $64.63; TEC $31.68
52W range

ETF.net Grade

Pillar letters and Scores for KOMP, TEC, with each pillar’s weight
Pillar	KOMP	TEC
Cost30% weight	A100Higher	C40
Mission25% weight	Not scored	A80
Risk15% weight	B55	B65Higher
Tradability15% weight	A77Higher	D39
Holdings10% weight	A88Higher	C46
Durability5% weight	A88Higher	F17

Rank among Disruptive Innovation funds

How we build Categories ›

Same Category. KOMP and TEC 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 TEC 16th of 30 funds in the Disruptive Innovation Category.

Rank 1AXTiShares Future Exponential Technologies ETFScore 86
Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
Rank 3ATRFMAAM Transformers ETFScore 74
Rank 16CILDRFirst Trust Innovation Leaders ETFScore 44
Rank 16CTECHarbor Transformative Technologies ETF (TEC)Score 44
Rank 18CLOUPInnovator Deepwater Frontier Tech ETFScore 42

Our read on each fund

ETF.net Research

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

TECCHarbor Transformative Technologies ETF (TEC)

In short

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.

TEC A stock-picker's swing at disruptive tech. Harbor hands the keys to Jennison, whose team runs a concentrated, go-anywhere book of roughly 40 names tied to transformative technology. Active conviction, not an index screen.

Stated mandate

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.

TEC The Fund normally invests at least 80% of its assets in securities of companies across any sector whose growth potential is tied to transformative technologies. These technologies use innovation to change how consumers, businesses, or industries operate.

Why people hold it

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.

TEC Jennison Associates runs the portfolio, the growth-equity shop Harbor has partnered with for over 50 years.businesswire.com
Go-anywhere mandate: at least 80% of assets in companies from any sector whose growth is tied to transformative technology, not only names filed under tech.
Concentrated by design: roughly 40 holdings and non-diversified status mean individual winners can actually move the fund.aaii.com
What's inside lines up closely with the transformative-tech mandate in the prospectus.

Worth knowing

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

TEC The 0.69% fee sits above index-built rivals like KOMP (0.20%) and XT (0.46%). Active selection is the thing you're paying up for.
Launched in 2025, so the live record is short, the asset base small, and thin trading can widen the gap between bid and ask.
Pure growth mandate with no income stream, and concentration cuts both ways when a top holding stumbles.

Full KOMP profile⁠

Full TEC profile⁠

KOMP vs TEC Holdings

How KOMP and TEC differ

Overlap by weight

6.4%

Shared holdings make up 57.5% of TEC and 6.4% of KOMP.

Level by level

Holdings22 in both6.4%
Sector10 Sectors57.5%
Countryby domicile90.6%
Asset classEquity100%

Sector

Sector weights in KOMP and TEC, widest gap first
Sector	More in KOMPMore in TEC	KOMP	TEC
Technology	TEC +34.3 points	39.5%	73.8%
Industrials	KOMP +20.8 points	22.9%	2.1%
Health Care	KOMP +11.3 points	15.2%	3.9%
Communication	TEC +5.4 points	4.6%	10.0%
Financials	KOMP +3.2 points	4.2%	1.0%
Materials	KOMP +3.1 points	3.1%	0.0%
Consumer Discretionary	TEC +2.8 points	5.5%	8.3%
Utilities	KOMP +1.9 points	3.0%	1.1%
Energy	KOMP +1.5 points	1.5%	0.0%
Consumer Staples	KOMP +0.6 points	0.6%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in KOMP and TEC, widest gap first
Country	More in KOMPMore in TEC	KOMP	TEC
United States	TEC +5.9 points	87.2%	93.1%
China	KOMP +3.5 points	3.5%	0.0%
Israel	KOMP +2.5 points	2.5%	0.0%
Netherlands	TEC +1.6 points	0.3%	1.9%
United Kingdom	TEC +1.2 points	0.5%	1.7%
Brazil	KOMP +0.8 points	0.8%	0.0%
Taiwan	TEC +0.6 points	1.0%	1.6%
South Korea	KOMP +0.6 points	0.6%	0.0%
Other countries (11)	KOMP +2.0 points	3.7%	1.7%

Concentration

Weight in the 10 largest Holdings

KOMP11.1%
TEC50.8%

Securities held

KOMP498
TEC44

Asset class

KOMP: Equity
TEC: Equity

Holdings

Only in KOMP476
In both22
Only in TEC22

Only in KOMP

476 securities, 93.5% of KOMP by weight

Twist Bioscience Corp1.90%
Ptc Inc1.40%
3D Systems Corp1.18%
Bruker Corp1.12%
Elbit Systems Ltd1.10%
Unity Software Inc0.97%
Himax Technologies Inc Adr0.90%
Ambarella Inc0.88%
Aerovironment Inc0.81%
Ouster Inc0.77%
Stratasys Ltd0.70%
Teledyne Technologies Inc0.68%
Snap Inc A0.67%
Kopin Corp0.65%
Leidos Holdings Inc0.64%
Parsons Corp0.61%
Rockwell Automation Inc0.55%
Emerson Electric Co0.53%
Redwire Corp0.52%
Kla Corp0.52%
Vuzix Corp0.51%
Danaher Corp0.51%
Proto Labs Inc0.51%
Northrop Grumman Corp0.51%
Atlassian Corp Class A0.50%
Alarm.com Holdings Inc0.50%
Adt Inc0.50%
Generac Holdings Inc0.49%
Hp Inc0.49%
Thermo Fisher Scientific Inc0.49%
On Semiconductor0.48%
Ondas Inc0.48%
Iridium Communications Inc0.47%
Lockheed Martin Corp0.47%
Unusual Machines Inc /Us0.47%
Cabot Corp0.46%
Cognex Corp0.46%
Ameresco Inc Class A0.45%
Autodesk Inc0.45%
Oceaneering Intl Inc0.45%
Heico Corp0.45%
Nve Corp0.44%
Zebra Technologies Corp Class A0.43%
Viasat Inc0.42%
Novanta Inc0.42%
Forum Energy Technologies In0.40%
Moderna Inc0.40%
Ceva Inc0.39%
Arlo Technologies Inc0.39%
Transalta Corp0.38%

Only in TEC

22 securities, 42.5% of TEC by weight

Amazon.com Inc5.23%
Advanced Micro Devices5.07%
Alphabet Inc-Cl A4.93%
Snowflake Inc3.57%
Lam Research Corp3.47%
Arista Networks Inc2.65%
Asml Holding Nv-Ny Reg Shs1.94%
Onto Innovation Inc1.75%
Palantir Technologies Inc-A1.65%
Taiwan Semiconductor-Sp Adr1.56%
Space Exploration Techn-Cl A1.47%
Keysight Technologies In1.38%
Airbnb Inc-Class A1.09%
Credo Technology Group Holdi1.04%
Oracle Corp1.03%
Lumentum Holdings Inc1.01%
Cadence Design Sys Inc0.98%
Netflix Inc0.95%
Vertiv Holdings Co-A0.70%
Arm Holdings Plc-Adr0.51%
Cerebras Systems Inc - A0.31%
Quantinuum Inc-A0.20%

Weight gaps

All 22 Holdings in both funds, largest gap first.

Holding weights in KOMP and TEC, widest gap first
Holding	More in KOMPMore in TEC	KOMP	TEC
Apple IncAAPL	TEC +8.83 points	0.15%	8.98%
Microsoft CorpMSFT	TEC +6.29 points	0.24%	6.53%
NVIDIA CorpNVDA	TEC +5.99 points	0.80%	6.79%
Broadcom IncAVGO	TEC +3.01 points	0.11%	3.12%
Crowdstrike Holdings Inc ACRWD	TEC +2.82 points	0.27%	3.09%
Micron Technology IncMU	TEC +2.69 points	0.46%	3.15%
Datadog Inc Class ADDOG	TEC +2.56 points	0.22%	2.78%
Meta Platforms Inc Class AMETA	TEC +2.22 points	0.71%	2.93%
Palo Alto Networks IncPANW	TEC +1.90 points	0.24%	2.14%
Tesla IncTSLA	TEC +1.88 points	0.81%	2.70%
Analog Devices IncADI	TEC +1.69 points	0.18%	1.87%
Shopify Inc Class ASHOP	TEC +1.68 points	0.06%	1.74%
Roivant Sciences LtdROIV	TEC +1.59 points	0.08%	1.67%
Lattice Semiconductor CorpLSCC	TEC +1.18 points	0.29%	1.47%
Vertex Pharmaceuticals IncVRTX	TEC +1.08 points	0.10%	1.18%
Mastercard Inc AMA	TEC +1.07 points	0.06%	1.13%
Samsara Inc Class AIOT	TEC +1.00 points	0.12%	1.12%
Cloudflare Inc Class ANET	TEC +0.97 points	0.15%	1.12%
Intuitive Surgical IncISRG	TEC +0.90 points	0.49%	1.39%
Constellation EnergyCEG	TEC +0.74 points	0.39%	1.13%
Ge Vernova IncGEV	TEC +0.57 points	0.19%	0.76%
Servicenow IncNOW	TEC +0.44 points	0.27%	0.71%

All 499 KOMP holdings⁠All 44 TEC 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.

KOMP vs TEC Cost

Overpaying TEC vs KOMP

$9,274

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

KOMP 0.20%
$4,155
TEC 0.69%
$13,429

Amount$10,000

Years30 years

Cost over time

KOMP 0.20%
TEC 0.69%
Overpaying

Year by year

Year	KOMP	TEC	Overpaying
10	$365	$1,232	$867
20	$1,421	$4,697	$3,276
30	$4,155	$13,429	$9,274

Expense ratio

0.20%KOMP, cheaper
0.69%TEC

KOMP0.20%TEC0.69%

0.20%0.90%

Middle half of Disruptive Innovation funds
Median 0.65%

KOMP cheapest of 30 funds

TEC 18th cheapest of 30 funds

KOMP vs TEC Dividends

Last 12 months to Oct 30, 2026

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

Distribution history

Per share, 2018 to 2026, same scale for both

KOMPQuarterly · 33 paymentsAll KOMP payments⁠

TECAll TEC payments⁠

No distribution history available.

KOMP vs TEC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: KOMP 22.3%TEC 23.6%since May 2025
Return per unit of riskSharpe ratio, 3 years: KOMP 0.76TEC 1.07since May 2025
Worst fallMax drawdown, 5 years: KOMP −45.4%TEC −17.5%since Apr 2025
Market sensitivityBeta, 5 years: KOMP 1.65TEC 1.61; Market = 1

KOMP and TEC 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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