FITE: Fusion of Defense, Cybersecurity, and AI in One ETF

The SPDR S&P Kensho Future Security ETF (FITE) is a unique defense ETF that combines defense, cybersecurity, and AI. The ETF allows investors to gain exposure to companies involved in the future of national defense and security across areas such as cybersecurity, drones, and outer space. FITE invests in an index called the S&P Kensho Future Security Index, which includes companies driving innovation in areas such as cybersecurity, robotics, drones, and space technology. The ETF holds a diversified portfolio of stocks, including leading cybersecurity companies like Palo Alto Networks, Crowdstrike, Zscaler, and SentinelOne. It also includes stocks involved in automation, robotics, and artificial intelligence, such as AeroVironment. Additionally, FITE invests in traditional defense and aerospace companies like Northrop Grumman, Boeing, and Lockheed Martin, which are involved in emerging areas like drones and space. The ETF returned 28.5% in 2023 and has a five-year annualized return of 14.1%, making it an attractive investment for investors looking to capitalize on the evolving nature of warfare.