KOMP vs XT: Grades, Fees and Holdings Compared

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

iShares Future Exponential Technologies ETF

XTANasdaq

Overlap

11.5%by weight

Expense ratio

KOMP −0.26pt a year

KOMP0.20%XT0.46%

Avg volume · 30D

KOMP 1.01×the volume

KOMP70KXT69.1K

5Y return · a year

XT +6.7pt

KOMP+0.6%XT+7.3%

KOMP vs XT Performance

Oct 29, 2021 – Oct 30, 2026

+3.2%KOMP+42.3%XT

Expense ratio: KOMP 0.20%, better; XT 0.46%
Fund size: KOMP $2.57B; XT $3.98B
1Y total return: KOMP −1.6%; XT +20.1%, better
Yield (12M): KOMP 1.63%; XT 6.82%, better
Holdings: KOMP 501; XT 216
Avg volume (30D): KOMP 70K sh, better; XT 69.1K sh
NAV per share: KOMP $64.63; XT $83.53
52W range

ETF.net Grade

Pillar letters and Scores for KOMP, XT, with each pillar’s weight
Pillar	KOMP	XT
Cost30% weight	A100Higher	A95
Mission25% weight	Not scored	Not scored
Risk15% weight	B55	A91Higher
Tradability15% weight	A77	A77
Holdings10% weight	A88Higher	B66
Durability5% weight	A88	A96Higher

Rank among Disruptive Innovation funds

How we build Categories ›

Same Category. KOMP and XT 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 ›

XT ranks 1st and KOMP 2nd 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

Our read on each fund

ETF.net Research

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

XTAiShares Future Exponential Technologies 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.

XT Innovation, spread thin on purpose. XT holds roughly 200 global companies scored by Morningstar analysts for exposure to a handful of exponential tech themes, so no single moonshot carries the 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.

XT XT seeks to track an index of stocks from developed and emerging markets whose companies create or use exponential technologies. The strategy targets technologies with potential economic benefits, including the ability to displace older technologies or create new markets.

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.

XT Cheap for the theme at 0.46% a year, below the typical fee in its disruptive-innovation cohort and under peers like TRFM and FDTX.
Human fingerprint on the stock list: Morningstar equity analysts score companies on theme exposure instead of sorting by keywords or revenue tags.sec.gov contentstack.io
Global by construction (developed and emerging markets) and not fenced into the tech sector, so a drugmaker or an industrial can qualify on theme exposure.sec.gov
Launched in 2015 and now a multi-billion-dollar iShares fund, it stands among the stronger builds in its innovation peer group.ishares.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.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

XT The index has been reworked since launch (weighting scheme, theme list), and themes get an annual review, so today's tilt is not fixed forever.morningstar.com sec.gov
Moderately traded rather than a household name, which can mean wider spreads than the biggest tech ETFs.
About 200 positions dilutes any single breakout winner, and distributions land only once or twice a year.

Full KOMP profile⁠

Full XT profile⁠

KOMP vs XT Holdings

How KOMP and XT differ

Overlap by weight

11.5%

Shared holdings make up 45.4% of XT and 12.7% of KOMP.

Level by level

Holdings49 in both11.5%
Sector11 Sectors80.8%
Countryby domicile82.6%
Asset classEquity100%

Sector

Sector weights in KOMP and XT, widest gap first
Sector	More in KOMPMore in XT	KOMP	XT
Industrials	KOMP +14.5 points	22.9%	8.4%
Health Care	XT +12.2 points	15.2%	27.4%
Technology	XT +3.7 points	39.5%	43.2%
Consumer Discretionary	XT +2.1 points	5.5%	7.6%
Materials	KOMP +1.8 points	3.1%	1.3%
Energy	KOMP +1.5 points	1.5%	0.0%
Utilities	XT +1.1 points	3.0%	4.1%
Communication	KOMP +0.8 points	4.6%	3.8%
Consumer Staples	KOMP +0.6 points	0.6%	0.0%
Real Estate	Same weight	0.0%	0.0%
Financials	Same weight	4.2%	4.2%

Country, concentration and asset class

Country by domicile

Country weights in KOMP and XT, widest gap first
Country	More in KOMPMore in XT	KOMP	XT
United States	KOMP +10.3 points	87.2%	76.9%
United Kingdom	XT +3.2 points	0.5%	3.7%
Switzerland	XT +2.7 points	0.4%	3.1%
Germany	XT +2.7 points	0.0%	2.7%
Israel	KOMP +2.5 points	2.5%	0.0%
Japan	XT +2.6 points	0.5%	3.1%
France	XT +1.9 points	0.0%	1.9%
Canada	KOMP +1.7 points	1.7%	0.0%
Other countries (13)	XT +1.5 points	7.1%	8.6%

Outside the US: XT 74% developed, 26% emerging.

Concentration

Weight in the 10 largest Holdings

KOMP11.1%
XT36.5%

Securities held

KOMP498
XT193

Asset class

KOMP: Equity
XT: Equity

Holdings

Only in KOMP449
In both49
Only in XT144

Only in KOMP

449 securities, 87.2% 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%
Redwire Corp0.52%
Kla Corp0.52%
Vuzix Corp0.51%
Proto Labs Inc0.51%
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%
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%
Constellation Energy0.39%
Ceva Inc0.39%
Arlo Technologies Inc0.39%
Transalta Corp0.38%
Ringcentral Inc Class A0.38%
Charles River Laboratories0.38%
Johnson Controls Internation0.38%
Shoals Technologies Group A0.37%
Applied Industrial Tech Inc0.37%

Only in XT

144 securities, 54.3% of XT by weight

Eli Lilly4.61%
Texas Instrument4.61%
Amazon.com Inc2.52%
AbbVie2.47%
Taiwan Semiconductor Manufacturing1.82%
Alphabet Class A1.74%
Merck & Co Inc1.71%
Roche Ps Par AG1.61%
Iberdrola1.49%
Novartis AG1.44%
S&P Global1.30%
Astrazeneca PLC1.30%
Amgen Inc1.18%
Infineon Technologies AG1.16%
Murata Manufacturing1.15%
Gilead Sciences0.96%
Advanced Micro Devices0.95%
Xiaomi0.88%
Bae Systems PLC0.83%
Pfizer0.82%
Enel0.81%
Air Products and Chemicals0.70%
Sk Hynix0.61%
Rheinmetall AG0.58%
Novo Nordisk Class B0.58%
London Stock Exchange Group PLC0.55%
Engie SA0.49%
Palantir Technologies Class A0.49%
Renesas Electronics Corp0.48%
Glaxosmithkline0.47%
Stmicroelectronics0.47%
Nasdaq Inc0.46%
Sanofi SA0.46%
Rwe AG0.43%
Samsung Sdi Ltd0.41%
Sse PLC0.41%
Eaton PLC0.40%
Siemens Energy N AG0.32%
Tencent Holdings0.32%
Fanuc Corp0.31%
Takeda Pharmaceutical0.30%
Space Exploration Technologies Cor0.29%
Saab Class B0.27%
Vestas Wind Systems0.27%
Adyen0.27%
Thales SA0.26%
International Business Machines Co0.25%
Alibaba Group Holding0.25%
Delta Electronics0.24%
Leonardo Finmeccanica Spa0.23%

Weight gaps

All 49 Holdings in both funds, largest gap first.

Holding weights in KOMP and XT, widest gap first
Holding	More in KOMPMore in XT	KOMP	XT
Microsoft CorpMSFT	XT +3.86 points	0.24%	4.09%
Tesla IncTSLA	XT +3.58 points	0.81%	4.40%
Palo Alto Networks IncPANW	XT +3.23 points	0.24%	3.47%
Analog Devices IncADI	XT +3.20 points	0.18%	3.38%
Johnson & JohnsonJNJ	XT +2.98 points	0.11%	3.09%
NVIDIA CorpNVDA	XT +2.78 points	0.80%	3.58%
Crowdstrike Holdings Inc ACRWD	XT +2.48 points	0.27%	2.75%
Broadcom IncAVGO	XT +1.63 points	0.11%	1.74%
Intuitive Surgical IncISRG	XT +1.10 points	0.49%	1.59%
Cloudflare Inc Class ANET	XT +0.91 points	0.15%	1.06%
Nxp Semiconductors NVNXPI	XT +0.84 points	0.17%	1.01%
Cisco Systems IncCSCO	XT +0.82 points	0.36%	1.18%
Te Connectivity PLCTEL	XT +0.80 points	0.21%	1.01%
Fortinet IncFTNT	XT +0.75 points	0.17%	0.92%
Meta Platforms Inc Class AMETA	XT +0.62 points	0.71%	1.33%
Micron Technology IncMU	XT +0.58 points	0.46%	1.04%
Vertex Pharmaceuticals IncVRTX	XT +0.56 points	0.10%	0.66%
Bristol Myers Squibb CoBMY	XT +0.54 points	0.06%	0.60%
Ge Vernova IncGEV	XT +0.42 points	0.19%	0.61%
Emerson Electric CoEMR	XT +0.40 points	0.53%	0.93%
Block IncXYZ	XT +0.36 points	0.04%	0.40%
Northrop Grumman CorpNOC	XT +0.31 points	0.51%	0.82%
Regeneron PharmaceuticalsREGN	XT +0.30 points	0.08%	0.38%
Enphase Energy IncENPH	KOMP +0.30 points	0.33%	0.03%
Bloom Energy Corp ABE	KOMP +0.27 points	0.32%	0.05%
Danaher CorpDHR	XT +0.24 points	0.51%	0.75%
Sofi Technologies IncSOFI	XT +0.14 points	0.07%	0.21%
Synopsys IncSNPS	KOMP +0.12 points	0.23%	0.11%
Sentinelone Inc Class AS	KOMP +0.11 points	0.20%	0.09%
Revvity IncRVTY	KOMP +0.09 points	0.18%	0.09%
Agilent Technologies IncA	XT +0.08 points	0.17%	0.25%
Crispr Therapeutics AGCRSP	KOMP +0.08 points	0.10%	0.02%
Rockwell Automation IncROK	KOMP +0.07 points	0.55%	0.48%
Biogen IncBIIB	XT +0.07 points	0.10%	0.17%
Zscaler IncZS	XT +0.06 points	0.22%	0.28%
Rocket Cos Inc Class ARKT	XT +0.06 points	0.05%	0.11%
Nextpower IncNXT	KOMP +0.05 points	0.16%	0.11%
Alnylam Pharmaceuticals IncALNY	XT +0.05 points	0.05%	0.10%
Biontech SE AdrBNTX	KOMP +0.04 points	0.09%	0.05%
Coinbase Global Inc Class ACOIN	XT +0.04 points	0.31%	0.35%
Lincoln Electric HoldingsLECO	XT +0.04 points	0.11%	0.15%
Akamai Technologies IncAKAM	XT +0.04 points	0.10%	0.14%
Okta IncOKTA	XT +0.03 points	0.34%	0.37%
Moderna IncMRNA	KOMP +0.03 points	0.40%	0.37%
First Solar IncFSLR	KOMP +0.02 points	0.19%	0.17%
Sensata Technologies HoldplcST	KOMP +0.02 points	0.10%	0.08%
Gen Digital IncGEN	KOMP +0.01 points	0.16%	0.15%
On SemiconductorON	KOMP +0.01 points	0.48%	0.47%
Amphenol Corp Class AAPH	Same weight	0.20%	0.20%

All 499 KOMP holdings⁠All 193 XT 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 XT Cost

Overpaying XT vs KOMP

$5,075

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

KOMP 0.20%
$4,155
XT 0.46%
$9,230

Amount$10,000

Years30 years

Cost over time

KOMP 0.20%
XT 0.46%
Overpaying

Year by year

Year	KOMP	XT	Overpaying
10	$365	$830	$465
20	$1,421	$3,195	$1,774
30	$4,155	$9,230	$5,075

Expense ratio

0.20%KOMP, cheaper
0.46%XT

KOMP0.20%XT0.46%

0.20%0.90%

Middle half of Disruptive Innovation funds
Median 0.65%

KOMP cheapest of 30 funds

XT 3rd cheapest of 30 funds

KOMP vs XT Dividends

Last 12 months to Oct 30, 2026

Yield (12M): KOMP 1.63%; XT 6.82%, better
Payout (12M): KOMP $1.02; XT $5.69
Last payment: KOMP $0.13; XT $0.36
Ex-dividend: KOMP Sep 21, 2026; XT Jun 15, 2026
Paid on: KOMP Sep 23, 2026; XT Jun 18, 2026
Frequency: KOMP Quarterly; XT Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

KOMPQuarterly · 33 paymentsAll KOMP payments⁠

XTTwice a year · 23 paymentsAll XT payments⁠

KOMP vs XT Risk

Fall from peak · 5 years

KOMP
XT

Risk facts

VolatilityStd dev, 3 years: KOMP 22.3%XT 16.5%, better
Return per unit of riskSharpe ratio, 3 years: KOMP 0.76XT 1.08, better
Worst fallMax drawdown, 5 years: KOMP −45.4%XT −34.4%, better
Market sensitivityBeta, 5 years: KOMP 1.65XT 1.35; Market = 1

KOMP and XT in the news

All news⁠

Deep Dive
Disruptive innovation ETFs share a label, not a portfolio
Sep 11, 2026KOMPXT
New ETFs
Tuttle's GANZ looks for a theme's suppliers, but its own rule gives them the smaller share
Oct 27, 2026KOMP
ETF Filings
Golden Eagle files a second ETF without the 40% sales rule of the fund it already runs
Oct 8, 2026XT

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KOMP vs XT

In short

Stated mandate

Why people hold it