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KOMP vs TNXT

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

T. Rowe Price Innovation Leaders ETF

TNXTBNasdaq

Overlap

Expense ratio

KOMP −0.29pt a year

KOMP0.20%TNXT0.49%

Avg volume · 30D

KOMP 102.3×the volume

KOMP70KTNXT684

KOMP vs TNXT Performance

Jul 31, 2026 – Oct 30, 2026

−4.7%KOMP+2.6%TNXT

Jul 31, 2026 to Oct 30, 2026. KOMP −4.7%. TNXT +2.6%. Use the arrow keys to read each point.−2.5%0%5%7.5%Jul 2026Sep 2026Oct 2026
Expense ratio
KOMP 0.20%, better
TNXT 0.49%
Fund size
KOMP $2.57B
TNXT $19M
1Y total return
KOMP −1.6%
TNXT No data
Yield (12M)
KOMP 1.63%
TNXT No data
Holdings
KOMP 501
TNXT 261
Avg volume (30D)
KOMP 70K sh, better
TNXT 684 sh
NAV per share
KOMP $64.63
TNXT $27.79
52W range

ETF.net Grade

KOMP: Cost 100, Risk 55, Mission not scored, Tradability 77, Holdings 88, Durability 88. TNXT: Cost 81, Risk 88, Mission not scored, Tradability 23, Holdings 72, Durability 25.
Pillar letters and Scores for KOMP, TNXT, with each pillar’s weight
PillarKOMPTNXT
Cost30% weightA100HigherA81
Mission25% weightNot scoredNot scored
Risk15% weightB55A88Higher
Tradability15% weightA77HigherF23
Holdings10% weightA88HigherA72
Durability5% weightA88HigherD25

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. KOMP and TNXT 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 TNXT 6th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 86
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
  3. Rank 3ATRFMAAM Transformers ETFScore 74
  4. Rank 6BFDTXFidelity Disruptive Technology ETFScore 65
  5. Rank 6BTNXTT. Rowe Price Innovation Leaders ETFScore 65
  6. Rank 9BFRWDNomura Transformational Technologies ETFScore 59

Our read on each fund

ETF.net Research

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

TNXTBT. Rowe Price Innovation Leaders ETF

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.

TNXT T. Rowe Price's answer to disruptive innovation is the un-concentrated one: an active book of roughly 150 to 250 innovators across tech, healthcare and financials, priced under the typical thematic fund.

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.

TNXT The fund seeks long-term capital growth by investing in companies leading innovation and developing advanced technologies, products, or services. Its approach combines evaluation of innovation-driven growth trends with fundamental, bottom-up company analysis.

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.comspglobal.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.
  • TNXT A 0.49% expense ratio puts an actively managed, research-driven thematic fund below the median fee in its disruptive-innovation peer group.troweprice.com
  • Anticipates 150 to 250 holdings, spreading the theme across a broad roster instead of a handful of high-conviction names.troweprice.com
  • Innovation is not treated as a tech-only story: the mandate spans technology, healthcare and financials, with room to follow new ideas into other industries.troweprice.com
  • Two portfolio managers from T. Rowe Price's Multi-Asset Division run it, pairing top-down innovation-trend work with bottom-up company research.troweprice.com

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.comspglobal.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
  • TNXT Launched in 2026, so there is no long track record yet and risk readings rest on a short history.
  • Assets and trading are still small, which can mean wider spreads than the category's heavily traded names.
  • Index-based peers such as KOMP charge 0.20%, so the extra fee here buys active stock picking rather than cheap beta.

Full KOMP profile⁠

Full TNXT profile⁠

KOMP vs TNXT 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 TNXT Cost

Overpaying TNXT vs KOMP

$5,637

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

  • KOMP 0.20%

    $4,155

  • TNXT 0.49%

    $9,792

$10,000
30 years

Cost over time

  • KOMP 0.20%
  • TNXT 0.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530TNXT $9,792KOMP $4,155

Year by year

YearKOMPTNXTOverpaying
10$365$883$518
20$1,421$3,394$1,973
30$4,155$9,792$5,637

Expense ratio

  • 0.20%KOMP, cheaper
  • 0.49%TNXT
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

KOMP cheapest of 30 funds

TNXT 4th cheapest of 30 funds

KOMP vs TNXT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
KOMP 1.63%
TNXT No data
Payout (12M)
KOMP $1.02
TNXT None
Last payment
KOMP $0.13
TNXT No data
Ex-dividend
KOMP Sep 21, 2026
TNXT No data
Paid on
KOMP Sep 23, 2026
TNXT No data
Frequency
KOMP Quarterly
TNXT No data

Distribution history

Per share, 2018 to 2026, same scale for both

KOMPQuarterly · 33 paymentsAll KOMP payments⁠
One bar per payment. 33 payments from 2018 to 2026 YTD. Dec 24, 2018 $0.04; Mar 18, 2019 $0.05; Jun 24, 2019 $0.03; Sep 23, 2019 $0.05; Dec 23, 2019 $0.11; Dec 30, 2019 $0.05; Mar 23, 2020 $0.06; Jun 22, 2020 $0.06; Sep 21, 2020 $0.07; Dec 21, 2020 $0.20; Mar 22, 2021 $0.22; Jun 21, 2021 $0.14; Sep 20, 2021 $0.13; Dec 20, 2021 $0.36; Mar 21, 2022 $0.08; Jun 21, 2022 $0.17; Sep 19, 2022 $0.17; Dec 19, 2022 $0.15; Mar 20, 2023 $0.10; Jun 20, 2023 $0.15; Sep 18, 2023 $0.12; Dec 18, 2023 $0.22; Mar 18, 2024 $0.08; Jun 24, 2024 $0.16; Sep 23, 2024 $0.10; Dec 23, 2024 $0.19; Mar 24, 2025 $0.12; Jun 23, 2025 $0.12; Sep 22, 2025 $0.14; Dec 22, 2025 $0.72; Mar 23, 2026 $0.07; Jun 22, 2026 $0.10; Sep 21, 2026 $0.13. Use the arrow keys to read each point.$0$0.50202020232026YTD
TNXTAll TNXT payments⁠

No distribution history available.

KOMP vs TNXT 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%TNXT No data
Return per unit of riskSharpe ratio, 3 years
KOMP 0.76TNXT No data
Worst fallMax drawdown, 5 years
KOMP −45.4%TNXT No data
Market sensitivityBeta, 5 years
KOMP 1.65TNXT 1.22

KOMP and TNXT in the news

All news⁠

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