2 BARRON’S August 5, 2019

2513344.1.1.AM.RTL

Source:BloombergFinanceLP,asof03/8/2019.Basedon180day

dollartradingvolumeandgeographyfocusofUSEquities.Past

performance is not a guarantee of future results.

ETFs trade like stocks, are subject to investment risk, fluctuate

in market value and may trade at prices above or below the ETF’s

netassetvalue.ETFsharesmaynotreadilytradeinallmarket

conditions. Brokerage commissions and ETF expenses will reduce

returns.

Equitysecuritiesmayfluctuateinvalueinresponsetothe

activities of individual companies and general market and economic

conditions.

SPDR®S&P 500®ETF Trust, a unit investment trust, is listed on

NYSE Arca, Inc.

SPDR

®

, S&P and S&P 500 are registered trademarks of Standard &

Poor’sFinancialServicesLLC(S&P),adivisionofS&PGlobal,and

havebeenlicensedforusebyStateStreetCorporation.Nofinancial

product offered by State Street or its affiliates is sponsored,

endorsed, sold or promoted by S&P.

ALPS Distributors, Inc. (fund distributor); State Street Global

Advisors Funds Distributors, LLC (marketing agent).

ImagesofNYSEGroup,Inc.areusedwithpermissionofNYSE

Group,Inc.NeitherNYSEGroup,Inc.noritsaffiliatedcompanies

sponsor, approve of or endorse the contents of this program.

Neither NYSE Group, Inc. nor its affiliated companies recommend or

makeanyrepresentationastopossiblebenefitsfromanysecurities

or investments.

It’sliquiditytime.

Be prepared for market swings with 7 of the 10 most

liquid US equity ETFs like SPY and DIA. spdrs.com/liquidity

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 1.866.787.2257 or visit http://www.spdrs.com. Read it carefully.

Not FDIC Insured•No Bank Guarantee•May Lose Value