ETF Evaluator:
Stt Strt® SPDR® S&PKenshoFnlFrntrsETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Industrials Over the Last Year
| 115.3% | Leverage Shares 2X Long UNH Daily ETF (UNHG) |
| 63.0% | Stt Strt® SPDR® S&PKenshoFnlFrntrsETF (ROKT) |
| 58.9% | SonicShares™ Global Shipping ETF (BOAT) |
| 45.9% | Aztlan NA Nearshoring Stk Sel ETF (NRSH) |
| 39.7% | US Global Sea to Sky Cargo ETF (SEA) |
Risk
Index
Risk
Index
ETF Details
Stt Strt® SPDR® S&PKenshoFnlFrntrsETF Overview
Stt Strt® SPDR® S&PKenshoFnlFrntrsETF (ROKT) is a passively managed Sector Equity Industrials exchange-traded fund (ETF). State Street Investment Management launched the ETF in 2018.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index.
Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation behind the exploration of deep space and deep sea. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. It is non-diversified.
About Stt Strt® SPDR® S&PKenshoFnlFrntrsETF (ROKT)
There are 3 members of the management team with an average tenure of 5.44 years: Kala O’Donnell (2018), Kathleen Morgan (2018) and Karl Schneider (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P Kensho Final Frontiers TR USD index with a weighting of 100%. Stt Strt® SPDR® S&PKenshoFnlFrntrsETF has 38 securities in its portfolio. The top 10 holdings constitute 36.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Stt Strt® SPDR® S&PKenshoFnlFrntrsETF is part of the Equity global asset class and is within the Sector Equity ETF group. Stt Strt® SPDR® S&PKenshoFnlFrntrsETF has 2.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.6% There is 2.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Stt Strt® SPDR® S&PKenshoFnlFrntrsETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $228 million in total assets, which is below the $1 billion average for the Industrials category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ROKT Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Stt Strt® SPDR® S&PKenshoFnlFrntrsETF expense ratio is average compared to funds in the Industrials category. Stt Strt® SPDR® S&PKenshoFnlFrntrsETF has an expense ratio of 0.45%, which is 12% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Stt Strt® SPDR® S&PKenshoFnlFrntrsETF has a portfolio turnover rate of 21%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Industrials category.
Recently, in the month of July 2026, Stt Strt® SPDR® S&PKenshoFnlFrntrsETF returned -7.6%, which earned it a grade of D, as the Industrials category had an average return of -4.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Stt Strt® SPDR® S&PKenshoFnlFrntrsETF has a trailing yield of 0.28%, which is below the 1.11% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Stt Strt® SPDR® S&PKenshoFnlFrntrsETF Grades
Year to date, the ETF has returned 29.9%, 17.3 percentage points better than the category, which translates into a grade of A. The fund has returned 63.0% over the past year (grade of A), 36.6% over the past three years (grade of A) and 22.3% per year over the past five years (grade of A).
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ROKT Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ROKT Return (NAV) | -7.6% | -1.0% | 63.0% | 36.6% | 22.3% | na |
| ROKT Return (Price) | -7.8% | -1.1% | 63.0% | 36.6% | 22.3% | na |
| NAV +/- Price Return | 0.170% | 0.164% | 0.026% | -0.005% | 0.015% | na |
| Industrials Avg | -4.0% | -1.4% | 24.7% | 17.8% | 11.5% | 13.6% |
| ROKT Grade (NAV) | D | D | A | A | A | na |
| +/- Category (NAV) | -3.6% | 0.5% | 38.3% | 18.9% | 10.8% | na |
| ROKT Tax-Cost Ratio | na | na | 0.2% | 0.2% | 0.2% | na |
ROKT Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ROKT Return (NAV) | 29.9% | 50.4% | 27.9% | 14.5% | -0.9% | 4.7% | 8.4% | 39.7% | na | na | na |
| ROKT Return (Price) | 29.6% | 50.5% | 27.9% | 14.4% | -0.8% | 4.6% | 8.0% | 40.9% | na | na | na |
| NAV +/- Price Ret | -0.010% | 0.003% | 0.001% | -0.003% | -0.041% | -0.019% | -0.048% | 3.1% | na | na | na |
| Industrials Avg | 12.6% | 27.1% | 14.2% | 21.4% | -12.8% | 20.7% | 15.4% | 30.3% | -13.4% | 22.8% | 22.1% |
| ROKT Grade (NAV) | A | A | A | F | A | F | F | A | na | na | na |
| +/- Category | 17.3% | 23.3% | 13.7% | -7.0% | 12.0% | -15.9% | -7.0% | 9.4% | na | na | na |
| Risk Measures | |
| Beta: | 1.48 |
| R-Squared: | 48% |
| Standard Deviation: | 26.9% |
| Category Risk Index: | 1.31 |
| Category Risk Rating: | High |
| Total Risk Index: | 2.19 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.3% |
| Total Assets: | $ 228 Mil |
| Share Class Assets: | $ 228 Mil |
| Turnover: | 21.0% |
| Expense Ratio: | 0.45% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 7.8 years | |||
| Average Tenure: 5.4 years | |||
| Managers (Year): O’Donnell Kala (2018), Morgan Kathleen (2018), Schneider Karl (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 38 |
| % in Top 10 Holdings: | 36.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 2.3% |
Portfolio Allocation |
|
| Domestic Stock: | 97.6% |
| Foreign Stock: | 2.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | State Street Investment Management |
| Phone Number: | 866-787-2257 |
| Website: | www.spdrs.com |
| Inception Date: | October 19, 2018 |
Expenses and Fees
| Expense Ratio (%): | 0.45% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.51% |
