Filed Pursuant To Rule 433
Registration No. 333-217785
March 11, 2019
SPDR® ETF Options Report INVESTMENT PROFESSIONAL USE ONLY February 2019 20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total Open Ticker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put) SPY SPDR S&P 500 ETF Trust 73,786,416 2,411,147 940,810 1,470,337 5,821,882 12,314,700 XLF Financial Select Sector SPDR Fund 43,386,580 110,762 34,506 76,257 663,627 2,050,317 XOP SPDR S&P Oil & Gas Exploration & Production ETF 17,646,352 115,860 62,677 53,184 861,379 1,678,010 JNK SPDR Bloomberg Barclays High Yield Bond ETF 15,307,634 1,352 370 982 13,659 350,085 XLU Utilities Select Sector SPDR Fund 14,748,272 19,448 10,259 9,190 157,307 227,541 XLP Consumer Staples Select Sector SPDR Fund 13,767,081 13,514 6,720 6,794 96,895 158,063 XLE Energy Select Sector SPDR Fund 11,385,992 35,292 23,975 11,317 392,608 359,341 XLK Technology Select Sector SPDR Fund 10,900,958 16,303 9,129 7,174 189,729 182,489 XLI Industrial Select Sector SPDR Fund 10,389,314 33,414 9,427 23,988 168,396 276,017 XLV Health Care Select Sector SPDR Fund 8,100,540 15,085 6,664 8,422 112,779 139,204 GLD® SPDR Gold Shares 7,609,672 97,902 55,270 42,632 1,506,271 1,033,033 XLB Materials Select Sector SPDR Fund 6,932,179 5,011 2,629 2,383 53,222 63,916 KRE SPDR S&P Regional Banking ETF 6,771,623 43,414 7,246 36,169 137,474 532,848 XRT SPDR S&P Retail ETF 4,758,249 26,991 3,983 23,008 56,533 243,816 XLRE Real Estate Select Sector SPDR Fund 4,640,197 1,502 1,355 147 24,175 4,905 XLY Consumer Discretionary Select Sector SPDR Fund 4,395,076 7,946 3,834 4,113 70,182 83,639 XBI SPDR S&P Biotech ETF 3,815,070 36,599 11,703 24,897 188,769 532,639 DIA SPDR Dow Jones Industrial Average ETF Trust 3,290,833 49,403 25,894 23,510 243,581 224,172 XLC Communication Services Select Sector SPDR Fund 3,220,459 867 479 388 12,526 10,325 KBE SPDR S&P Bank ETF 3,175,451 3,807 481 3,326 13,821 55,264 FEZ SPDR EURO STOXX 50 ETF 3,162,354 10,643 4,509 6,135 81,416 152,740 XHB SPDR S&P Homebuilders ETF 2,477,665 5,191 2,727 2,464 51,496 101,567 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 2,284,328 1 1 1 8 119 BIL SPDR Bloomberg Barclays 13 Month T-Bill ETF 1,967,724 11 7 5 1,271 183 XME SPDR S&P Metals & Mining ETF 1,883,684 7,638 4,118 3,521 61,996 151,402 SPYG SPDR Portfolio S&P 500 Growth ETF 1,607,782 16 14 3 288 178 SPYV SPDR Portfolio S&P 500 Value ETF 1,425,934 21 5 16 108 307 SPEM SPDR Portfolio Emerging Markets ETF 1,267,189 1 5 10 Source: Bloomberg as of 02/28/2019.
SPDR® ETF Options Report 20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total Open Ticker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put) MDY SPDR S&P MidCap 400 ETF Trust 1,176,222 2,090 1,186 905 28,021 19,130 XES SPDR S&P Oil & Gas Equipment & Services ETF 1,173,762 61 42 20 9,537 1,151 CWB SPDR Bloomberg Barclays Convertible Securities ETF 1,056,501 25 20 6 377 332 SPLG SPDR Portfolio Large Cap ETF 880,846 2 2 1 28 SDY SPDR S&P Dividend ETF 813,232 39 24 15 1,239 973 SPSM SPDR Portfolio Small Cap ETF 613,781 3 1 2 19 24 RWX SPDR Dow Jones International Real Estate ETF 611,918 1 7 12 BWX SPDR Bloomberg Barclays International Treasury Bond ETF 601,784 1 1 1 9 159 SPTM SPDR Portfolio Total Stock Market ETF 552,630 1 2 5 TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 506,580 23 GXC SPDR S&P China ETF 464,265 21 16 6 244 232 CWI SPDR MSCI ACWI ex-US ETF 366,830 1 1 XAR SPDR S&P Aerospace & Defense ETF 341,802 10 8 2 275 102 EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 295,135 2 25 72 KIE SPDR S&P Insurance ETF 259,280 22 9 13 228 334 RWO SPDR Dow Jones Global Real Estate ETF 187,259 1 2 1 RWR SPDR Dow Jones REIT ETF 184,824 7 3 4 138 111 HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 179,843 1 1 1 39 45 GWX SPDR S&P International Small Cap ETF 174,376 5 EDIV SPDR S&P Emerging Markets Dividend ETF 127,493 2 1 1 63 18 DWX SPDR S&P International Dividend ETF 119,208 1 1 1 40 3 GNR SPDR S&P Global Natural Resources ETF 111,825 1 1 12 7 XSD SPDR S&P Semiconductor ETF 100,885 8 7 1 101 31 EWX SPDR S&P Emerging Markets SmallCap ETF 68,853 5 2 4 94 62 XHE SPDR S&P Health Care Equipment ETF 65,598 125 4 121 68 2,364 XPH SPDR S&P Pharmaceuticals ETF 50,117 14 8 7 353 244 GMF SPDR S&P Emerging Asia Pacific ETF 24,115 1 1 1 6 7 NANR SPDR S&P North American Natural Resources ETF 20,666 1 1 KCE SPDR S&P Capital Markets ETF 4,637 6 4 2 68 44 Source: Bloomberg as of 02/28/2019. State Street Global Advisors 2
SPDR® ETF Options Report ssga.com | spdrs.com | spdrgoldshares.com State Street Global Advisors One Iron Street, Boston MA 02210. T: +1 866 787 2257. Important Information This material has been created for informational purposes only and does not constitute investment advice and it should not be relied on as such. It does not take into account any investors particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, or liability for, decisions made based on this material. All material has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. Investing involves risk, and you could lose money on an investment in SPDR® Gold Trust (GLD®). ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies. Select Sector SPDR Funds bear a higher level of risk than more broadly diversified funds. All ETFs are subject to risk, including the possible loss of principal. Sector ETFs products are also subject to sector risk and non-diversification risk, which generally results in greater price fluctuations than the overall market. Non-diversified funds that focus on a relatively small number of stocks or countries tend to be more volatile than diversified funds and the market as a whole. Options investing entail a high degree of risk and may not be appropriate for all investors. 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 of the Trust 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. 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. 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 in commodities entails significant risk and is not appropriate for all investors. Important Information Relating to SPDR® Gold Trust (GLD®): The SPDR Gold Trust (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 more 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, the Trust 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 of the Trust 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 GLDs sponsor. GLD® is a registered trademark of World Gold Trust Services, LLC used with the permission of World Gold Trust Services, LLC. Standard & Poors®, S&P® and SPDR® are registered trademarks of Standard & Poors Financial Services LLC, a division of S&P Global (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporations financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties makes any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto. 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. The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data. BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs. Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State State Street Global Advisors Funds Distributors, LLC. State Street Global Advisors Funds Distributors, LLC is the distributor for certain registered products on behalf of the advisor. SSGA Funds Management has retained Nuveen Asset Management, LLC as the sub-advisor to certain of such funds. State Street Global Advisors Funds Distributors, LLC is not affiliated with Nuveen Asset Management, LLC. Before investing, consider the funds investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 866.787.2257 or visit spdrs.com. Read it carefully. © 2019 State Street Corporation. All Rights Reserved. State Street Global Advisors ID15920-2047512.15.1.AM.INST 0319 Exp. Date: 03/31/2020 SPD001814
SPDR® GOLD TRUST has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Advisors Funds Distributors, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.