SIMS
SPDR S&P Kensho Intelligent Structures ETF
SIMS tracks an index designed to capture companies whose products and services are driving innovation behind intelligent infrastructure, which includes the areas of smart building infrastructure, smart power grids, intelligent transportation infrastructure, and intelligent water infrastructure.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
11.0 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Fund sponsor | SSGA |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 26, 2017 |
| Assets (mns) | $11 |
| Expense ratio | 45 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| EVGO, INC. CLASS A | 4.2 % |
| BLOOM ENERGY CORPORATION CLASS A | 3.6 % |
| MUELLER WATER PRODUCTS INC-A | 3.6 % |
| PENTAIR PLC | 3.5 % |
| GENERAC HOLDINGS INC | 3.4 % |
| RESIDEO TECHNOLOGIES, INC. | 3.4 % |
| SELECT ENERGY SERVICES, INC. CLASS A | 3.3 % |
| JOHNSON CONTROLS INTERNATIONAL PLC | 3.1 % |
| CARRIER GLOBAL CORP. | 3.1 % |
| BADGER METER INC | 3.0 % |
Constituent Breakdown
| Number of holdings | 47 |
| Herfindahl-Hirschman Index | 238 |
| Wgt avg mkt cap (mns) | $15,843 |
| Large cap (>$10bn) | 43.1% |
| Mid cap ($2-10bn) | 27.4% |
| Small cap (<$2bn) | 26.7% |
| Developed mkts. | 98.3% |
| Emerging mkts. | 1.7% |
Country Exposure
 |
UNITED STATES | 78.4 % |
 |
BRITAIN | 6.5 % |
 |
CANADA | 4.5 % |
 |
IRELAND | 3.2 % |
 |
CHINA | 1.5 % |
 |
CAYMAN ISLANDS | 1.1 % |
 |
SWITZERLAND | 0.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 0.9% | 22.6% | 0.9% | -8.6% | 3.9% | -- | 3.3% | Volatility | 21.8% | 22.2% | 23.0% | 26.3% | 28.6% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.30 | 72% |
| MSCI EAFE | 1.16 | 58% |
| MSCI Emg Mkts | 0.90 | 35% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.23% |
| ADV of underlying (mns) | $5,957 |
Technical Indicators
| Recent close | $35.37 |
| 30d moving avg. | $35.14 |
| Annualized volatility | 26.7% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SIMS |
Expenses vs. SIMS |
ALTAR Score™ vs. SIMS |
|---|---|---|---|---|
| FIW | First Trust Water ETF | 21.6% | +8 bp | +11.5% |
| PHO | Invesco Water Resources ETF | 20.4% | +15 bp | +11.4% |
| SNSR | Global X Internet of Things ETF | 15.6% | +23 bp | +11.7% |
| CGW | Invesco S&P Global Water Index ETF | 15.5% | +12 bp | +11.4% |
| AQWA | Global X Clean Water ETF | 13.0% | +5 bp | +11.2% |
| CNRG | SPDR S&P Kensho Clean Power ETF | 12.6% | 0 bp | +9.9% |
| EFRA | iShares Environmental Infrastructure and Industrials ETF | 12.0% | +2 bp | +11.9% |
| NVIR | Horizon Kinetics Energy and Remediation ETF | 12.0% | +40 bp | +8.6% |
| PIO | Invesco Global Water ETF | 11.7% | +30 bp | +12.2% |
| MADE | iShares U.S. Manufacturing ETF | 11.5% | -5 bp | +12.5% |
Risk and Returns: SIMS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SIMS
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
SIMS
-7.0%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 375 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.6%. SIMS's ALTAR Score™ is approximately
2.4 standard deviations
below
the category average. This places SIMS in the 1st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SIMSSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| SIMS (45 bp) Percentile rank | 28 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SIMS | 45.0 | 22.7 | 67.7 |
| Peer Avg. | 51.8 | 32.7 | 84.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .