State Street® SPDR® S&P Kensho Final Frontiers ETF

State Street® SPDR® S&P Kensho Final Frontiers ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker ROKT (ISIN US78468R6302). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the industrials part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't. Rather than a manager picking stocks, it simply replicates the S&P Kensho Final Frontiers Index index — the passive, low-cost approach, and its largest holdings include DUCOMMUN INC, IRIDIUM COMMUNICATIONS INC and HEICO CORP. Spread across roughly 39 holdings (the ten largest ≈ 34.7%), no one position makes or breaks the fund. Its heaviest sectors are ~70.9% Industrials and ~12.2% Technology. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.45% a year — about €45 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 31.5% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2018. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from SPDR.)