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INKM
SPDR SSgA Income Allocation ETF

Price: $27.38
Change: $1.0 (0.04%)
Category: Global Equities
Last Updated:

Vitals

  • Issuer State Street SPDR
  • Structure ETF
  • Expense Ratio 0.50%
  • ETF Home Page Home page
  • Inception Apr 25, 2012
  • Tax Form 1099
  • Index Tracked NONE

Investment Themes

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $24.59
  • 52 Week Hi $34.78
  • AUM $118.0 M
  • Shares 4.3 M

Analyst Report

This ETF offers multi-asset class exposure to high yielding securities, delivering a diversified, balanced portfolio that is capable of paying a meaningful distribution yield. As such, INKM can be used in a number of ways within a portfolio. Those focusing on the long-term may see an allocation to INKM as a tool for enhancing current returns while also achieving exposure to asset classes that are often overlooked or underweighted in long-term portfolios, such as high yield debt, preferred stock, and convertible bonds. Other investors utilize INKM as a tactical tool for pulling back slightly on risk exposure in anticipation of broad market declines. INKM is an ETF-of-ETFs, which means that the underlying securities are other exchange-traded products. While there are a number of ETFs on the market that target these asset classes and seek to deliver high yields, INKM is unique in that it includes exposure to stocks, bonds, and alternatives all under one ticker. One item worth noting is the expense ratio; the ETF-of-ETF structure results in multiple layers of fees, which can lead to some additional expenses for investors. Those looking to skimp on management fees could construct the INKM portfolio on their own--though that would involve potentially significant commissions. Cost conscious investors may wish to consider IYLD, as this ETF offers comparable exposure for a slightly cheaper price tag.

Historical Trading Data

  • 1 Month Avg. Volume 44,055
  • 3 Month Avg. Volume 41,563

Alternative ETFs in the Global Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest NERD 0.25% $10.7 M 17,195 -7.73%
Largest (AUM) BOTZ 0.68% $1.1 B 892,795 -16.69%
Most Liquid (Volume) BOTZ 0.68% $1.1 B 892,795 -16.69%
Top YTD Performer DWSH 3.07% $89.7 M 205,608 49.46%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

16
Number of Holdings
81.39%
% Assets in Top 10
97.76%
% Assets in Top 15
100.00%
% Assets in Top 50
Number of Holdings
16

% Assets in Top 10
81.39%

% Assets in Top 15
97.76%

% Assets in Top 50
100.00%

Sector Breakdown

Asset Percentage
Common equity 40.6%
Federal/Central debt 25.91%
Corporate debt 23.83%
Preferred stock 6.34%
ETF Cash Component 3.32%
Collateralized debt 0.01%
Sector Percentage
Non-Equity 54.22%
Real Estate 10.88%
Utilities 5.76%
Financials 5.4%
ETF Cash Component 3.32%
Other 3.26%
Energy 3.14%
Consumer, Non-Cyclical 2.78%
Industrials 2.74%
Consumer, Cyclical 2.44%
Healthcare 2.3%
Communications 1.92%
Basic Materials 0.97%
Technology 0.89%
Market Cap Percentage
ETF or Non-equity 49.75%
Large cap 18.59%
Micro cap 11.12%
Mid cap 8.69%
Small cap 7.12%
ETF Cash Component 3.32%
Unknown 1.43%
Non-Equity 0.0%
Region Percentage
North America 69.69%
Europe 14.03%
Asia 6.02%
ETF Cash Component 3.32%
Latin America 2.91%
Asia-Pacific 2.79%
Africa 0.66%
Middle East 0.57%
Other 0.0%
Region Percentage
United States 66.88%
Developed Markets (ex-US) 18.97%
Emerging Markets 10.39%
ETF Cash Component 3.32%
Frontier Markets 0.39%
Not-designated 0.05%
Country Percentage
United States 66.88%
ETF Cash Component 3.32%
United Kingdom 2.84%
Canada 2.77%
China 1.76%
South Korea 1.54%
France 1.49%
Switzerland 1.37%
Spain 1.06%
Germany 1.02%
Brazil 1.0%
Thailand 0.96%
Malaysia 0.91%
Australia 0.9%
Italy 0.89%
Netherlands 0.85%
Indonesia 0.74%
Mexico 0.72%
South Africa 0.66%
Japan 0.61%
Israel 0.57%
Philippines 0.57%
Russia 0.56%
Poland 0.55%
Ireland 0.52%
Czech Republic 0.44%
Colombia 0.42%
Turkey 0.4%
Romania 0.38%
Hungary 0.38%
Peru 0.38%
Hong Kong 0.36%
Chile 0.33%
Luxembourg 0.25%
Sweden 0.24%
Finland 0.24%
Belgium 0.21%
Singapore 0.21%
Denmark 0.16%
New Zealand 0.15%
Portugal 0.09%
Norway 0.06%
India 0.06%
Taiwan 0.06%
Argentina 0.04%
Cayman Islands 0.02%
Austria 0.02%
Bermuda 0.01%
Bahamas 0.01%
Malta 0.01%
Cyprus 0.0%
Liechtenstein 0.0%
Faeroe Islands 0.0%
Kuwait 0.0%
United Arab Emirates 0.0%
Monaco 0.0%
Ukraine 0.0%
Georgia 0.0%
Oman 0.0%
Asset Percentage
Common equity 40.6%
Federal/Central debt 25.91%
Corporate debt 23.83%
Preferred stock 6.34%
ETF Cash Component 3.32%
Collateralized debt 0.01%

INKM Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
16.35

INKM Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.24
Dividend Date
2020-03-24
Annual Dividend Rate
$1.51

$0.24
Dividend
2020-03-24
Dividend Date
$1.51
Annual Dividend Rate
Annual Dividend Yield
5.75%

INKM Fund Flows

View charts featuring ETF fund flow data.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for INKM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Global Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ n/a
Expenses B+ n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

INKM Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.541%
ETF Wtd. Average
0.19%
Category Average
0.73%
Expense Ratio
0.50%
ESG Themes and Scores

INKM does not have an ESG score. There are no ESG themes that map to this ETF.

INKM Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

-1.18%
1 Week Return
-12.24%
4 Week Return
-19.45%
13 Week Return
-16.54%
26 Week Return
-19.38%
Year to Date Return
-13.07%
1 Year Return
-1.92%
3 Year Return
1.61%
5 Year Return
1 Week Return
-1.18%

4 Week Return
-12.24%

13 Week Return
-19.45%

26 Week Return
-16.54%

Year to Date Return
-19.38%

1 Year Return
-13.07%

3 Year Return
-1.92%

5 Year Return
1.61%

INKM Charts

INKM Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

5 Day Volatility
134.62%
Rank
49 of 66

20 Day Volatility
61.07%
Rank
58 of 66

50 Day Volatility
41.65%
Rank
59 of 65

200 Day Volatility
29.82%
Rank
55 of 59

Beta
0.41
Rank
56 of 59

Standard Deviation
1.82%
Rank
38 of 50

Technicals

  • 20 Day MA $27.24
  • 60 Day MA $31.77
  • MACD 15 Period 0.79
  • MACD 100 Period -5.10
  • Williams % Range 10 Day 28.56
  • Williams % Range 20 Day 60.43
  • RSI 10 Day 47
  • RSI 20 Day 41
  • RSI 30 Day 39
  • Ultimate Oscillator 44

Bollinger Brands

  • Lower Bollinger (10 Day) $25.82
  • Upper Bollinger (10 Day) $28.33
  • Lower Bollinger (20 Day) $24.08
  • Upper Bollinger (20 Day) $30.48
  • Lower Bollinger (30 Day) $23.10
  • Upper Bollinger (30 Day) $35.33

Support & Resistance

  • Support Level 1 $27.19
  • Support Level 2 $26.99
  • Resistance Level 1 $27.48
  • Resistance Level 2 $27.58

Stochastic

  • Stochastic Oscillator %D (1 Day) 52.97
  • Stochastic Oscillator %D (5 Day) 41.26
  • Stochastic Oscillator %K (1 Day) 43.90
  • Stochastic Oscillator %K (5 Day) 43.64

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

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