State Street Global Advisors Offering 10 New Sector ETFs

By David Enke | July 23, 2008 | 11:17 AM | 1 Comment

As reported at IndexUniverse, State Street Global Advisors is now offering 10 new sector ETFs:

  1.  SPDR S&P International Consumer Discretionary Sector ETF
  2.  SPDR S&P International Consumer Staples Sector ETF
  3.  SPDR S&P International Energy Sector ETF
  4.  SPDR S&P International Financial Sector ETF
  5.  SPDR S&P International Health Care Sector ETF
  6.  SPDR S&P International Industrial Sector ETF
  7.  SPDR S&P International Materials Sector ETF
  8.  SPDR S&P International Technology Sector ETF
  9.  SPDR S&P International Telecommunications Sector ETF
10.  SPDR S&P International Utilities Sector ETF

What is unique about these particular ETFs, compared to those offered by Barclays Global Investors and WisdomTree, is that the new State Street sector ETFs exclude U.S. listed companies, allowing for easier global sector diversification for those already invested in U.S. based sector funds.