2 BARRON’S March9,
ONLY SECTOR SPDRS
DIVIDES THE S&P 500
INTO 11 SECTOR ETFS
An investor should consider investment objectives, risks, charges and expenses carefully before
investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF
or visit http://www.sectorspdrs.com. Read the prospectus carefully before investing.
The S&P 500, SPDRs
®
, and Select Sector SPDRs
®
are registered trademarks of Standard & Poor’s Financial Services LLC. and have been
licensed for use. The stocks included in each Select Sector Index were selected by the compilation agent. Their composition and
weightingcanbeexpectedtodiffertothatinanysimilarindexesthatarepublishedbyS&P.TheS&P500Indexisanunmanagedindex
of500commonstocksthatisgenerallyconsideredrepresentativeoftheU.S.stockmarket.Theindexisheavilyweightedtowardstocks
with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks.
Investorscannotinvestdirectlyinanindex.
The S&P 500 Index figures do not reflect any fees, expenses or taxes. Ordinary brokerage commissions apply. ETFs are considered
transparent because their portfolio holdings are disclosed daily. Liquidity is characterized by a high level of trading activity. Select
SectorSPDRsaresubjecttoriskssimilartothoseofstocks,includingthoseregardingshort-sellingandmarginaccountmaintenance.
AllETFsaresubjecttorisk,includingpossiblelossofprincipal.Fundsfocusingonasinglesectorgenerallyexperiencegreatervolatility.
Diversificationdoesnoteliminatetheriskofexperiencinginvestmentlosses.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
With Sector SPDR ETFs you get undiluted exposure to the 11 sectors of the S&P
500.Thisallowsyoutooverweightorunderweightdifferentsectorstobestmeetyour
investment objectives. Sector SPDR ETFs have the diversification of a mutual fund,
thetransparencyofanindexandtheall-daytradabilityofastock.
LearnmoreabouthowtouseSectorSPDRETFsaspartofyourinvestmentstrategy
byvisitingsectorspdrs.com/sectorspdr/custom-allocation
1-866-SECTOR-ETF
March9,2020 BARRON’S 3
Visitwww.sectorspdrs.com
orcall1-866-SECTOR-ETF