New SPDR S&P 500 ETFs in the app
Stocks & ETFsAt BUX Zero we aim to bring you lots of new investing opportunities. That’s why we regularly add exciting new ETFs to the app. Today, we’re introducing 8 newcomers, and in this article you’ll find everything you need to know about them.
The ETFs are brought to you from SPDR, which is a brand from US asset manager State Street Global Advisors. Incidentally, SPDR is pronounced ‘spider.’ State Street was founded in 1792 and is now one of the top 3 ETF providers worldwide.
These SPDR’s ETFs are based on stocks from the S&P 500 index, which is a basket of 500 large US companies. Each of the ETFs then represent a particular sector, such as finance, technology or health.
Below you’ll find a description of each ETF, including a few well-known companies that are included in the fund. We’ll also tell you the return of the fund year-to-date. Of course, past results are no guarantee of future returns.
You can also see the total size of the fund. And, finally, we’ll also list the total number of companies in the ETF. Take a look at all ETFs and click on the title to go directly to the ETF in the app.
You can also find out more about ETFs in our ETF Knowledge Centre.
SPDR S&P US CON DIS SELECT
This ETF is all about consumer discretionary. What does that mean? In simple terms, it’s anything we spend money on that isn’t essential to live. It could be a coffee from Starbucks, a flat-screen TV from Amazon or a brand new Tesla. These three companies are all included in the ETF, as well as Nike, McDonald’s and Booking.
Total return as of 28/10/2021: YTD: 31.99%
Fund size as of 28/10/2021: €119 million
Number of positions as of 28/10/2021: 63
SPDR S&P US CON STAP SELECT
Consumer staples, on the other hand, are the essentials we need day-to-day. It could be food, drinks or hygiene products. Almost all the big names in the US food industry are found here including PepsiCo, Modelez and Coca-Cola. We also find big stores like Walmart. It is generally assumed that consumer staples will perform well in all market conditions, because we always need to buy them!
Total return as of 28/10/2021: YTD: 13.64%
Fund size as of 28/10/2021: €134 million
Number of positions as of 28/10/2021: 32
SPDR S&P US FINANCIAL SELECT
This ETF has all the banking giants, including JP Morgan, Berkshire Hathaway, Bank of America, Goldman Sachs, BlackRock, Wells Fargo and Citigroup. If you want to invest broadly across the entire US financial sector, this is the ETF for you.
Total return as of 28/10/2021: YTD: 48.09%
Fund size as of 28/10/2021: €562 million
Number of positions as of 28/10/2021: 65
SPDR S&P US HEALTH SELECT
The US health sector has been in global focus over the last 18 months due to Covid-19. A number of US companies made a name for themselves with their vaccines, for example. This ETF includes companies like Johnson & Johnson, Pfizer, United Health and Merck.
Total return as of 28/10/2021: YTD: 24.30%
Fund size as of 28/10/2021: €239 million
Number of positions as of 28/10/2021: 65
SPDR S&P US INDUST SELECT
Industry still remains one of the crucial parts of the US economy. In the US, there are many jobs in this area and its performance is used to measure overall world economic growth. This ETF includes American industrial companies like Honeywell, Boeing, Caterpillar, Union Pacific and 3M.
Total return as of 28/10/2021: YTD: 26.38%
Fund size as of 28/10/2021: €318 million
Number of positions as of 28/10/2021: 74
SPDR S&P US MATERIALS SELECT
This ETF includes US companies that process raw materials. It could be agriculture products, natural gas, crude oil, metals, coal or timber. Among the companies included are Linde, Dow Inc., Ecolab and Sherwin Williams.
Total return as of 28/10/2021: YTD: 27.18%
Fund size as of 28/10/2021: €53 million
Number of positions as of 28/10/2021: 28
SPDR S&P US TECH SELECT
With this ETF, you invest in all the big tech names including Apple, Microsoft, Nvidia, PayPal, Adobe, Salesforce, Cisco, Visa, MasterCard and many more.
Total return as of 28/10/2021: YTD: 31.25%
Fund size as of 28/10/2021: €490 million
Number of positions as of 28/10/2021: 73
SPDR S&P US UTILITIES SELECT
This ETF gives you broad access to the US utilities sector. Almost all the major US energy providers are included in this ETF, including Nextera Energy, Duke Energy, Exelon, American Electric and American Water Works. Similar to consumer staples, people will always need energy and water. If you believe in this rule, you can invest across the entire industry here.
Total return as of 28/10/2021: YTD: 15.85%
Fund size as of 28/10/2021: €31 million
Number of positions as of 28/10/2021: 28
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All views, opinions, and analyses in this article should not be read as personal investment advice and individual investors should make their own decisions or seek independent advice. This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication.
