Are you sure you want to change languages?
The page you are visiting uses a different locale than your saved profile. Do you want to change your locale?
Get In and Out with Liquid ETFs
Known for their tradability, exchange traded funds (ETFs) allow investors to get in or out of the market to express their views—no matter the environment. Setting records in trading volume and inflows, investors turned to ETFs—including the liquidity leader State Street SPDR ETFs—for liquidity, price discovery and market access in 2020.1
Learn how we expect the liquidity benefits that ETFs provided in 2020 to continue to drive industry growth.
Trade with Confidence
Using ETFs for Transition Management
ETFs can function as a liquidity sleeve for transition management.
Developments in Fixed Income ETF Trading
Advances in trading provide investors additive liquidity benefits and implementation flexibility.
Optimizing Trade Execution for ETFs of All Levels of Liquidity
Trading less liquid ETFs requires extra attention.
Access our latest in-depth research and market commentary about the role liquidity can play in strengthening a portfolio.
Invest with the Liquidity Leader
We launched the first US-listed exchange traded fund in 1993. Today, our suite of innovative and cost-effective ETFs represents 37% of the ETF industry’s annual trading volume ($12.3 Trillion) – $1 Trillion more than Vanguard and BlackRock combined – making State Street SPDR ETFs the secondary market leader.2
Explore our full suite of funds.
Connect
Questions?
We Are Here to Help
Follow us @StateStreetETFs
Stay Connected with Us
Important risk information
This communication is not intended to be an investment recommendation or investment advice and should not be relied upon as such.
Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.
Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies and general market and economic conditions.
Because of their narrow focus, sector investing tends to be more volatile than investments that diversify across many sectors and companies.
Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
Diversification does not ensure a profit or guarantee against loss.
Investing involves risk, and you could lose money on an investment in SPDR® Gold Trust (“GLD®” or “GLD”).
Commodities and commodity-index linked securities may be affected by changes in overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities.
Investing in commodities entails significant risk and is not appropriate for all investors.
Important Information Relating to GLD:
GLD has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents GLD has filed with the SEC for more complete information about GLD and this offering. Please see the GLD prospectus for a detailed discussion of the risks of investing in GLD shares. The GLD prospectus is available by clicking here. You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, GLD or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.4053.
GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders GLD do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.
GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLD shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. GLD does not generate any income, and as GLD regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Share will decline over time to that extent.
The World Gold Council name and logo are a registered trademark and used with the permission of the World Gold Council pursuant to a license agreement. The World Gold Council is not responsible for the content of, and is not liable for the use of or reliance on, this material. World Gold Council is an affiliate of GLD’s sponsor.
GLD® is a registered trademark of World Gold Trust Services, LLC used with the permission of World Gold Trust Services, LLC.
For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston, MA, 02210; T: +1 866 320 4053 spdrgoldshares.com