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The Standard & Poor's Depositary Receipts were launched by Boston asset manager State Street Global Advisors (SSGA) on January 22, 1993, as the first exchange-traded fund in the United States (preceded by the short-lived Index Participation Shares that launched in 1989); and are part of the SPDRs ETF chain.
Source: Calculations by author. Clearly, the Technology Select Sector SPDR ETF can make someone a millionaire -- and so can a simple S&P 500 index fund.Note that: It can take 20 years or less if ...
Best health care ETFs 1. Best broad health care ETF Health Care Select Sector SPDR Fund (XLV) This ETF tracks the Health Care Select Sector index, and includes health care companies in the ...
Last year, index providers Standard & Poor’s and MSCI previously announced the creation of the communication services sector, an expanded, refreshed look at the old telecommunications sector.
This is a table of notable American exchange-traded funds, or ETFs.As of 2020, the number of exchange-traded funds worldwide was over 7,600, [1] representing about 7.74 trillion U.S. dollars in assets. [2]
In 1995, Mid-Cap SPDRs were launched by the Bank of New York to track Standard & Poor's S&P 400 index of middle-market equity shares. [6] [7]The DIAMONDS were developed, like the original SPDR, by SSGA in cooperation with the American Stock Exchange. [6]
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