Filed Pursuant To Rule 433
Registration No. 333-217785
November 8, 2018
SPDR® ETF Options Report INVESTMENT PROFESSIONAL USE ONLY October 2018 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 141,641,312 4,334,074 1,587,941 2,746,134 11,090,040 14,642,890 XLF Financial Select Sector SPDR Fund 88,246,560 217,191 74,206 142,985 1,821,011 2,429,408 XLK Technology Select Sector SPDR Fund 27,447,406 32,459 10,570 21,890 166,803 238,228 XLP Consumer Staples Select Sector SPDR Fund 26,235,308 21,572 7,950 13,623 161,800 242,628 XLU Utilities Select Sector SPDR Fund 24,253,060 52,791 17,872 34,919 251,690 454,012 XLI Industrial Select Sector SPDR Fund 22,657,436 46,372 16,981 29,391 216,975 296,801 XLE Energy Select Sector SPDR Fund 20,818,290 56,534 27,422 29,113 411,196 542,413 XOP SPDR S&P Oil & Gas Exploration & Production ETF 20,502,930 148,069 39,824 108,245 707,242 1,887,694 XLV Health Care Select Sector SPDR Fund 16,025,772 29,394 8,089 21,305 116,578 264,668 JNK SPDR Bloomberg Barclays High Yield Bond ETF 14,855,161 7,914 1,804 6,111 27,975 106,036 XLB Materials Select Sector SPDR Fund 13,432,862 12,913 5,463 7,451 99,590 114,776 KRE SPDR S&P Regional Banking ETF 11,864,343 85,122 22,734 62,389 608,703 468,383 XLY Consumer Discretionary Select Sector SPDR Fund 11,252,660 7,621 2,697 4,924 61,160 103,906 GLD® SPDR Gold Shares 10,458,137 118,955 75,761 43,195 1,856,656 766,484 XRT SPDR S&P Retail ETF 8,009,786 22,348 6,236 16,113 76,447 250,939 XBI SPDR S&P Biotech ETF 7,669,255 76,741 24,292 52,449 269,528 444,345 DIA SPDR Dow Jones Industrial Average ETF Trust 6,890,923 67,600 32,544 35,056 422,380 262,703 XHB SPDR S&P Homebuilders ETF 5,659,058 14,568 7,004 7,565 77,050 136,031 FEZ SPDR EURO STOXX 50 ETF 5,184,406 14,581 1,087 13,495 80,596 192,747 XLRE Real Estate Select Sector SPDR Fund 5,171,465 214 122 93 7,800 4,072 XLC Communication Services Select Sector SPDR Fund 4,704,677 1,415 476 940 11,714 16,816 KBE SPDR S&P Bank ETF 3,626,141 7,808 697 7,112 26,058 101,869 XME SPDR S&P Metals & Mining ETF 3,067,838 6,273 2,812 3,461 74,431 110,540 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 3,012,288 1 1 1 14 100 SPYG SPDR Portfolio S&P 500 Growth ETF 2,981,075 70 50 20 1,027 218 BIL SPDR Bloomberg Barclays 13 Month T-Bill ETF 2,268,106 1 1 1 3 1 MDY SPDR S&P MidCap 400 ETF Trust 1,945,445 1,042 744 298 28,292 16,412 XES SPDR S&P Oil & Gas Equipment & Services ETF 1,684,420 191 159 33 3,667 657 Source: Bloomberg as of 10/31/2018.
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) CWB SPDR Bloomberg Barclays Convertible Securities ETF 1,595,436 27 16 11 307 295 SPDW SPDR Portfolio Developed World ex-US ETF 1,392,309 1 1 1 57 1 TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 1,307,948 2 45 SPYV SPDR Portfolio S&P 500 Value ETF 1,249,614 71 68 3 1,458 30 SPLG SPDR Portfolio Large Cap ETF 987,575 22 SPEM SPDR Portfolio Emerging Markets ETF 912,184 1 1 1 4 10 SPTM SPDR Portfolio Total Stock Market ETF 856,207 17 2 SDY SPDR S&P Dividend ETF 677,831 56 27 30 2,156 934 SPSM SPDR Portfolio Small Cap ETF 673,243 1 10 RWX SPDR Dow Jones International Real Estate ETF 437,891 23 BWX SPDR Bloomberg Barclays International Treasury Bond ETF 294,039 2 1 1 51 146 KIE SPDR S&P Insurance ETF 278,822 44 4 41 318 789 CWI SPDR MSCI ACWI ex-US ETF 237,422 1 RWR SPDR Dow Jones REIT ETF 209,502 7 1 6 81 129 XAR SPDR S&P Aerospace & Defense ETF 203,642 18 10 8 205 192 XSD SPDR S&P Semiconductor ETF 185,329 17 14 3 304 82 EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 184,037 1 50 49 RWO SPDR Dow Jones Global Real Estate ETF 161,106 1 1 6 XPH SPDR S&P Pharmaceuticals ETF 140,985 48 5 44 334 930 GNR SPDR S&P Global Natural Resources ETF 134,498 2 1 2 128 112 HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 120,499 2 2 1 32 78 DWX SPDR S&P International Dividend ETF 102,936 1 1 17 2 EWX SPDR S&P Emerging Markets SmallCap ETF 87,543 8 7 1 93 51 GXC SPDR S&P China ETF 75,349 27 10 17 277 286 EDIV SPDR S&P Emerging Markets Dividend ETF 63,485 3 2 1 24 25 GMF SPDR S&P Emerging Asia Pacific ETF 24,079 1 1 1 10 22 KCE SPDR S&P Capital Markets ETF 9,573 3 1 2 144 101 Source: Bloomberg as of 10/31/2018. 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. 2018 State Street Corporation. All Rights Reserved. State Street Global Advisors ID14862-2047512.11.1.AM.INST 1118 Exp. Date: 11/30/2019 SPD001745
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.