Select Sector SPDRs are a unique series of ETFs launched in 1998 that divide the S&P 500 into eleven sector-specific funds, allowing investors to take strategic or tactical positions on various segments of the U.S. economy. These funds are managed by State Street Global Advisors (SSGA), a global leader in asset management. The mission is to provide investors with liquid, transparent, and cost-effective tools to manage sector-based investment strategies. The underlying legal entity for the funds is the Select Sector SPDR Trust, a registered investment company.

Founded in

United States