State Street Investment Management Builds on Nearly 30 Years of Sector ETF Leadership with New Market Sector ETFs

State Street Investment Management launched four new S&P 500 Market Sector SPDR ETFs (XLYM, XLPM, XLEM, XLKM) tracking market-cap-weighted S&P 500 sector indexes without company weight caps. The funds primarily allocate to the corresponding Select Sector SPDR ETFs (XLY, XLP, XLE, XLK), individual stocks, and/or derivatives via a rules-based process, targeting benchmark-aware investors and model portfolio builders.

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