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SPDR

SPDRs is a group of ETFs (managed by SSgA) that track a variety of Standard & Poor’s and other indexes. SPDR Trust, Series 1, usually referred to as "Spiders," tracks the S&P 500 Index.

Select Sector SPDRs track various sector indexes that carve up the S&P 500 Index into separate industry groups. (SPDR Trust, Series 1, is structured as a unit investment trust, but Select Sector SPDRs are open-end funds.)

Other SPDRs track domestic and international stock indexes (such as Dow Jones Wilshire indexes) or particular industry groups or asset classes.

 

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