Welcome to SPDR® ETFs
Your connection to exchange traded funds from State Street Global Advisors.
About SPDR® ETFs
ETFs provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. As an industry pioneer, State Street Global Advisors created the first ETF in 1993. Since then, each new member of the SPDR ETF family has been built to reflect our intimate knowledge of the ETF market.
We believe ETFs are about finding simple solutions to help meet investors' needs. Our ETFs seek to provide a transparent way to access specific market segments.
About State Street Global Advisors
For nearly four decades, State Street Global Advisors has been committed to helping our clients achieve financial security. We partner with many of the world's largest, most sophisticated investors and financial intermediaries to help investors reach their goals through a rigorous, research-driven investment process spanning both indexing and active disciplines. With trillions* in assets, our scale and global reach offer clients access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.
State Street Global Advisors is the investment management arm of State Street Corporation.
*Assets under management were $2.44 trillion as of September 30, 2016. AUM reflects approx. $40.29 billion (as of September 30, 2016) with respect to which State Street Global Markets, LLC ("SSGM"; U.S. Fund Distributor) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.
What are ETFs?
Exchange traded funds (ETFs) are transparent, predominantly passive products that trade on an exchange. They can be a useful portfolio diversification tool and allow both large and small investors alike to gain exposures to broad or niche segments of the market and at a relatively low cost.
An ETF is comprised of a collection, or 'basket', of securities that seek to track the performance of a broad or a specific segment of the market. ETFs combine the features of index mutual funds with individual securities.
Like a fund
Like index mutual funds, ETFs allow investors to gain exposure to hundreds of domestic and international indexes. And like most indexed mutual funds, they can offer:
- Transparency
- Relatively lower expenses 1
- Diversification, through holding a basket of securities
- Tax efficiency 2
Like a stock
Like individual stocks, ETFs:
- Can offer intraday trading capabilities 3
- Are available in multiple currencies
- Are able to be listed across multiple exchanges
1. Frequent trading of an ETF can significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
2. Passive management and the creation/redemption process can help minimize capital gains distributions.
3. There can be no assurance a liquid market will be maintained for ETF shares.