Sector Investing Precise Exposures and Valued Insights from the Market Leader
Return dispersion among sectors can create opportunities for investors to pursue alpha, manage risk, or capture cyclical or thematic trends. As the world’s first and largest sector ETF provider,1 State Street SPDR ETFs provide targeted, efficient strategies that investors can use to express their views with precision across the business cycle.
A Leader in Sector Investing
Since launching the world’s first suite of sector ETFs in 1998, we have been committed to using our expertise in indexing, portfolio construction and liquidity management to provide efficient tools for executing sector investing strategies. We are one of the world’s largest asset managers, giving us the resources and ability to deliver scalable sector ETF solutions for investors of all sizes.
first and largest sector ETF provider in the world 1
in sector strategies globally 2
years of experience managing sector ETFs
Delivering Liquidity Across Sectors
Trading Volume
The average trading volume for our sector ETFs is 17x greater than the next-largest competitor.3
Short Interest and Options Activity
Our sector ETFs have had significant short interest and options activity. This is beneficial for investors regardless of how they use sector ETFs, as it contributes to the depth and liquidity of the market.
Total Cost of Ownership
The liquidity profile of our sector ETFs can help to reduce trading costs, which lowers the total cost of ownership—a key consideration in sector rotation strategies.
Explore Sector ETF Investing
Learn how investors are using sector ETFs to target opportunities created by return dispersion, manage risk through diversification, position for business cycles or express thematic market views.
Reliability Across the Business Cycle
Thoughtfully Constructed
Our sector and industry ETFs are built using the widely recognized Global Industry Classification Standard (GICS) and seek to track Standard & Poor’s indices.
The New Economy ETFs leverage artificial intelligence capabilities to unearth innovative companies across different sectors.
Rigorously Maintained
We continuously monitor our ETFs to ensure that they deliver the exposures investors expect. The portfolio management teams work diligently to minimize tracking error across all sector investing strategies.
Continuously Evolved
We adapt our suite of sector and industry investing strategies to reflect changes to GICS. For example, in 2018, we worked quickly to launch a communication services sector ETF given the addition of this sector to GICS.
Our Latest Thinking
We deliver differentiated ideas for how to act on opportunities created by sector return dispersion, as well as sectors’ varying correlations to the broader market and to each other.
Our Solutions
Sector ETFs
Based on the Global Industry Classification Standard (GICS), these ETFs cover high-level sectors, such as health care, materials and utilities.
Industry ETFs
Slightly more targeted than broad sector exposures, the industry ETFs cover more granular segments of the economy such as health care equipment, homebuilders, and oil & gas exploration & production.
Kensho® New Economy ETFs
These thematic ETFs are designed to target emerging technologies and innovation reshaping the global economy, such as clean power, intelligent infrastructure and smart transportation.