With a broad range of core equity ETFs, SPDR offers the building blocks for cost-effective strategic asset allocation and tactical positions.1
We offer a range of ETFs with global exposures based on the MSCI Modern Index Strategy.
The range gives investors access to both developed and emerging markets in the MSCI ACWI Investable Market Index (IMI) and the MSCI ACWI index, as well as the MSCI World Index for a purely developed exposure.
For more targeted global exposure based on market capitalisation, the MSCI World Small Cap Index can offer diversification, sector and factor tilting as well as broad global exposure.
Managed by the same team that runs the largest, most liquid ETF in the world, the SPDR S&P 500 UCITS ETF offers investors access to the largest companies in the US, covering approximately 80% of the available market capitalisation.4
The S&P 500 is regarded as a proxy for the US equity market and it is the only stock market benchmark serving as an economic indicator in The Conference Board Leading Economic Index. It has stood for US stock market performance in that context since 1968.4 And for European investors who would like to minimise currency risk, we offer a EUR-hedged share class available on German, Italian and Swiss exchanges.
We also offer ETFs that give access to mid and small cap US stocks, following the S&P 400 U.S. Mid Cap, and Russell 2000 U.S. Mid Cap indices.
We offer three ways to gain exposure to emerging markets through our UCITS ETF range.
The SPDR MSCI Emerging Markets UCITS ETF offers broad exposure to emerging markets in Asia, Europe, Latin America, Africa and the Middle East.
If you are looking to target emerging market exposure in Asia, including China, South Korea, Taiwan and India, then our EM Asia ETF focuses on this region.
Finally, our Emerging Markets Small Cap ETF offers exposure to smaller companies in emerging markets. This exposure can deliver diversification, lower correlations and the opportunity to invest in innovative smaller businesses around the world.
Our European exposure offers access to large and mid-cap companies that make up the broad MSCI Europe Index and then two subsets of this index for more focussed exposure.
The MSCI EMU Index (European Economic and Monetary Union) captures large and mid-cap representation across the 10 developed Markets countries in the EMU. These include Austria, Belgium. Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal and Spain.
The MSCI Europe Small Cap Index offers access to smaller companies across 15 developed market countries in Europe. This exposure can offer diversification and lower correlations to a portfolio.
For single country exposure outside of the US, we offer access to UK and Japanese equities through a variety of options.
For UK exposure: The FTSE UK All Share represents over 98% of UK capitalisation and aggregates the FTSE 100, FTSE 250 and FTSE Small Cap indices. SPDR has two share classes offering different income treatment, either distributing or accumulating.
For Japan exposure: The MSCI Japan Index is designed to reflect the large and mid-cap segments of the Japanese market. We also offer a EUR currency-hedged exposure in order to access the returns of the Japanese market while mitigating currency risk.
State Street Global Advisors (SSGA) is a pioneer in index-based investing and ETFs. SSGA is one of the largest asset managers in the world, with nearly $3.5 trillion in assets under management. SSGA has managed a universe of index and active strategies for institutional investors for over 40 years and launched the first US ETF.
Creator of the world’s first ETFs 2
Equity AUM managed globally by State Street Global Advisors 3
Indexing and portfolio experience 4
Small Cap Equities: Valuations Look Appealing Amid Improving Backdrop
Small cap equities saw heavy losses in 2022 but the fall has led to material improvement in valuation metrics on an absolute and relative basis.
1 Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
2 ETFs managed by State Street Global Advisors have the oldest inception dates within the US, Hong Kong, Australia, and Singapore. State Street Global Advisors launched the first ETF in the US on 22 January 1993; launched the first ETF in Hong Kong on 11 November 1999; launched the first ETF in Australia on 24 August 2001; and launched the first ETF in Singapore on 11 April 2002.
3 Source: State Street Corporation, as at 30 June 2019.
4 Source: S&P Dow Jones Indices - S&P 500® The Gauge of the Market Economy.