![]() ![]() Dow Diamonds (SGX:D07) - Tracks Dow Jones Industrial Average.Dow Jones International Real Estate ETF.S&P/ASX 200 A-REIT Property Fund (200 Listed Property Fund).S&P/ASX 200 Fund (200 top market cap stocks).S&P/ASX 50 Fund (50 top market cap stocks).They are listed on the Australian Securities Exchange and are the following: In Australia SSGA manages three SPDR branded ETFs. SSGA also manages ETFs that are sold on exchanges outside the United States. SSGA also launched a number of index-based ETFs under the brand StreetTRACKS. īecause the S&P 500 contains only four telecommunications companies, those companies are a part of the information technology SPDR, and that one fund represents those two sectors. In 1998, SSGA and Merrill Lynch introduced the Sector Spiders, which now consist of ten funds which follow the eleven GICS sectors of the S&P 500. DOW DIAMOND shares are designed to track the Dow Jones Industrial Average. The DIAMONDS were developed, like the original SPDR, by SSGA in cooperation with the American Stock Exchange. In 1995, Mid-Cap SPDRs were launched by the Bank of New York to track Standard & Poor's S&P 400 index of middle-market equity shares. Īs of Dec 2019, SPDR is the third largest ETF provider, behind iShares and Vanguard, with assets of $714 bn. Īt the end of 2006, the total portfolio that became known as SPDRs had $102 billion of assets under management. ETFs managed by SSGA, a total of 23 at that time, under a single brand. In 2007, SSGA rebranded its other United States ETFs as SPDRs, including the StreetTRACKS family and its other flagship ETF shares, the DOW DIAMONDS, that tracks the Dow Jones Industrial Average. The funds are formulated as unit investment trusts. As of August 2012, they were the first and second largest exchange-traded products in the world. SSGA also manage the SPDR Gold Shares, which for a while was the second-largest ETF in the world. The name is an acronym for the first member of the family, the Standard & Poor's Depositary Receipts, now the SPDR S&P 500 Trust ETF, which is designed to track the S&P 500 stock market index.įor a long time, the SPDR S&P 500 was the largest ETF in the world. SPDR is a trademark of Standard and Poor's Financial Services LLC, a subsidiary of S&P Global. Informally, they are also known as Spyders or Spiders. SPDR funds (pronounced "spider" ) are a family of exchange-traded funds (ETFs) traded in the United States, Europe, Mexico and Asia-Pacific and managed by State Street Global Advisors (SSGA). For other uses, see SPDR (disambiguation). For the game character SPDR, see I Love Bees. Still, for exposure to the Dowa concentrated, universally-cited basket of household namesDIA is a great choice.This article is about ETFs. UITs must also hold every stock in the index at all times, which can tie the PM`s hands. The fund`s UIT structure is shared by a few other long-lived ETFs (like SPY), with the most notable effects being a slight cash drag since stock dividends received in between the ETF`s distributions can`t be reinvested as is typically the case. DIA is extremely liquid, with huge assets and a long track record. Still, DIA tends to move with the broader market day-to-day, and some may prefer its typically (slightly) lower beta. Stocks are price-weighted, not cap-weighted, which can produce major sector realignments when multiple holdings change, as occurred in September 2013. The fund`s tiny portfolio, arbitrary selection, and antiquated weighting produce significant sector biases relative to the market, and cover only a fraction of the large-cap space, typically represented by hundreds of names. Despite the name recognition that comes from tracking the Dow and its own popularity, DIA is not the ideal ETF for investors who want broad-based exposure to US large-caps. ![]()
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