SPDR ETF Options Report May 2018

Filed Pursuant To Rule 433

Registration No. 333-217785

June 26, 2018

 

LOGO

SPDR® ETF Options Report
Ticker Name
20 Day Average
ETF Volume
20 Day Average
Total Option Volume
20 Day Average
Call Option Volume
20 Day Average
Put Option Volume
Total Open
Interest (Call)
Total Open
Interest (Put) SPY SPDR S&P 500 ETF Trust 69,038,600 2,824,232 1,218,420 1,605,812 8,728,185 14,256,670
XLF Financial Select Sector SPDR Fund 48,227,216 179,398 105,442 73,957 2,592,979 2,124,666
XOP SPDR S&P Oil & Gas Exploration & Production ETF 22,029,020 130,923 63,585 67,338 805,568 1,405,620
XLE Energy Select Sector SPDR Fund 17,011,478 75,762 39,243 36,519 557,436 640,762
XLU Utilities Select Sector SPDR Fund 13,389,548 24,535 7,559 16,976 246,151 302,095
XLP Consumer Staples Select Sector SPDR Fund 12,887,454 23,506 13,203 10,303 215,119 226,749
XLK Technology Select Sector SPDR Fund 12,260,598 17,216 8,868 8,348 159,011 243,446
JNK SPDR Bloomberg Barclays High Yield Bond ETF 11,228,212 929 74 855 30,392 121,365
XLI Industrial Select Sector SPDR Fund 10,402,272 26,044 11,267 14,777 171,474 297,594
XLV Health Care Select Sector SPDR Fund 8,928,398 26,798 9,164 17,635 119,057 205,349
GLD® SPDR Gold Shares 6,248,744 90,763 58,678 32,086 1,594,069 842,261
KRE SPDR S&P Regional Banking ETF 5,609,019 39,748 21,062 18,686 734,090 380,628
XLB Materials Select Sector SPDR Fund 5,031,789 3,958 1,924 2,035 64,287 111,462
XLY Consumer Discretionary Select Sector SPDR Fund 4,734,230 5,402 3,441 1,961 93,984 124,316
XRT SPDR S&P Retail ETF 4,224,617 12,400 5,753 6,647 43,147 109,566
XBI SPDR S&P Biotech ETF 4,025,679 39,088 20,277 18,812 214,250 303,724
DIA SPDR Dow Jones Industrial Average ETF Trust 3,648,995 59,062 31,747 27,315 409,429 285,067
FEZ SPDR EURO STOXX 50 ETF 3,122,936 15,375 3,492 11,884 112,423 277,937
XHB SPDR S&P Homebuilders ETF 2,591,330 5,145 1,218 3,927 58,367 84,126
KBE SPDR S&P Bank ETF 2,347,325 2,297 799 1,499 32,380 54,420
SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 2,023,171 1 1 — 15 182
XLRE Real Estate Select Sector SPDR Fund 1,972,897 158 64 95 1,590 1,774
XME SPDR S&P Metals & Mining ETF 1,937,834 3,544 2,130 1,414 63,209 128,842
SPYG SPDR Portfolio S&P 500 Growth ETF 1,263,844 13 9 4 176 77
CWB SPDR Bloomberg Barclays Convertible Securities ETF 1,047,793 44 29 15 1,166 371
MDY SPDR S&P MidCap 400 ETF Trust 910,902 1,398 808 591 25,873 17,628
XES SPDR S&P Oil & Gas Equipment & Services ETF 838,068 333 273 60 7,154 1,165
Source: Bloomberg as of 05/31/2018. Investment Professional Use Only May 2018

LOGO

State Street Global Advisors 2
SPDR® ETF Options Report
Ticker Name
20 Day Average
ETF Volume
20 Day Average
Total Option Volume
20 Day Average
Call Option Volume
20 Day Average
Put Option Volume
Total Open
Interest (Call)
Total Open
Interest (Put)
BWX SPDR Bloomberg Barclays International Treasury Bond ETF 699,303 5 2 3 158 207
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 582,108 — — — 4 —
RWX SPDR Dow Jones International Real Estate ETF 510,440 4 4 1 77 97
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 507,629 2 1 2 100 53
SPYV SPDR Portfolio S&P 500 Value ETF 457,835 6 5 1 135 4
SPDW SPDR Portfolio Developed World ex-US ETF 386,949 2 2 1 104 38
KIE SPDR S&P Insurance ETF 375,363 6 3 3 538 823
SDY SPDR S&P Dividend ETF 332,889 27 14 13 1,074 581
RWR SPDR Dow Jones REIT ETF 206,571 6 2 4 163 192
GNR SPDR S&P Global Natural Resources ETF 170,974 15 11 5 6,822 183
RWO SPDR Dow Jones Global Real Estate ETF 166,038 — — 1 20 5
CWI SPDR MSCI ACWI ex-US ETF 147,630 — 1 — 1 —
DWX SPDR S&P International Dividend ETF 113,560 1 — 1 31 18
XPH SPDR S&P Pharmaceuticals ETF 96,588 14 6 9 88 313
XAR SPDR S&P Aerospace & Defense ETF 90,953 13 10 3 358 191
XSD SPDR S&P Semiconductor ETF 88,799 5 3 2 49 47
GWX SPDR S&P International Small Cap ETF 87,265 2 1 1 166 13
HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 62,539 4 4 1 75 24
EDIV SPDR S&P Emerging Markets Dividend ETF 56,622 4 1 3 30 83
GXC SPDR S&P China ETF 56,280 17 15 2 210 157
EWX SPDR S&P Emerging Markets SmallCap ETF 50,073 2 2 — 17 6
NANR SPDR S&P North American Natural Resources ETF 37,540 — 1 — — —
KCE SPDR S&P Capital Markets ETF 34,959 4 2 3 151 122
GMF SPDR S&P Emerging Asia Pacific ETF 18,203 7 5 2 99 43
Source: Bloomberg as of 05/31/2018.
Prior to 10/16/2017, the SPDR Portfolio Total Stock Market ETF (SPTM) was known as the SPDR Russell 3000® ETF (THRK), the SPDR Portfolio Large Cap ETF (SPLG) was known as the SPDR Russell 1000® ETF (ONEK), the SPDR Portfolio Mid
Cap ETF (SPMD) was known as the SPDR S&P 1000® ETF (SMD), the SPDR Portfolio Small Cap ETF (SPSM) was known as the SPDR Russell 2000® ETF (TWOK), the SPDR Portfolio S&P 500 Growth ETF (SPYG) was known as the SPDR S&P
500 Growth ETF (SPYG), the SPDR Portfolio S&P 500 Value ETF (SPYV) was known as the SPDR S&P 500 Value ETF (SPYV), the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) was known as the SPDR S&P 500 High Dividend ETF (SPYD),
the SPDR Portfolio Developed World ex-US ETF (SPDW) was known as the SPDR S&P World ex-US ETF (GWL), the SPDR Portfolio Emerging Markets ETF (SPEM) was known as the SPDR S&P Emerging Markets ETF (GMM), the SPDR Portfolio
Aggregate Bond ETF (SPAB) was known as the SPDR Bloomberg Barclays Aggregate Bond ETF (BNDS), the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) was known as the SPDR Bloomberg Barclays Short Term Corporate Bond ETF
(SCPB), the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) was known as the SPDR Bloomberg Barclays Intermediate Term Corporate Bond ETF (ITR), the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) was known as the
SPDR Bloomberg Barclays Long Term Corporate Bond ETF (LWC), the SPDR Portfolio Short Term Treasury ETF (SPTS) was known as the SPDR Bloomberg Barclays Short Term Treasury ETF (SST), and the SPDR Portfolio Long Term Treasury ETF
(SPTL) was known as the SPDR Bloomberg Barclays Long Term Treasury ETF (TLO).

LOGO

SPDR® ETF Options Report © 2018 State Street Corporation. All Rights Reserved. ID13215-2047512.5.1.NA.INST 0618 Exp. Date: 06/30/2019 SPD001657 ssga.com | spdrs.com | spdrgoldshares.com State Street Global Advisors One Iron Street, Boston MA 02210. T: +1 866 787 2257. Important Risk 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 investor’s 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. 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 Shares Trust: 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 detailed discussion of the risks of investing in GLD shares. When distributed electronically, 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. Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s 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 Corporation’s 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 make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index. For more information, please contact the Marketing Agent for GLDW: 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. State Street Global Advisors © 2018 State Street Corporation. All Rights Reserved. ID13215-2047512.5.1.NA.INST 0618 Exp. Date: 06/30/2019 SPD001657

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.