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Latest SPDR SSGA U.S. Sector Rotation ETF  News | ARCA:XLSR | Benzinga

Technology

Consumer Cyclical

Financial Services

Healthcare

Industrials

Communication Services

Energy

Consumer Defensive

Other

Real Estate

Utilities

Basic Materials

The Fund is a fund of funds, meaning that it primarily invests its assets in securities of other exchange-traded funds. In particular, the Fund allocates its assets among ETFs that each focus on common stocks of companies included in an individual sector of the S&P 500 Index, as determined by the Global Industry Classification Standard, the Equity Sectors. As of the date of this Prospectus, the Equity Sectors include communication services, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, materials, real estate, information technology and utilities. Components of the S&P 500 Index, and the sector classifications as determined by GICS, are subject to change and are not controlled by the Fund or the Adviser.

Technology Select Sector Spdr Fund

Communication Services Select Sector Spdr Fund

Financial Select Sector SPDR Fund

Industrial Select Sector Spdr Fund

Energy Select Sector SPDR Fund

Consumer Discretionary Selt Equity Funds

Health Care Select Sector Spdr Fund

Consumer Staples Select Sector Spdr Fund

Ssi Us Gov Money Market Class

SPDR SSGA US Sector Rotation ETF

Long Ideas

Sector ETFs

Bonds

New ETFs

Trading Ideas

ETFs

SPLB

Select Sector SPDR-Consumer Discretionary

FISR

XLSR

State Streets Unveils Sector Rotation ETFs

SPDR SSGA U.S. Sector Rotation ETF

State Street Corp. (NYSE:<a class="ticker" href="/stock/STT#NYSE">STT</a>), the third-largest U.S. issuer of exchange traded funds added to its lineup of actively managed funds Wednesday with the launches of two sector rotation funds.

The SPDR SSGA Fixed Income Sector Rotation ETF (NYSE:<a class="ticker" href="/stock/FISR#NYSE">FISR</a>) and the SPDR SSGA US Sector Rotation ETF (NYSE:<a class="ticker" href="/stock/XLSR#NYSE">XLSR</a>) are the firm&#39;s newest ETFs.

<h3>What Happened</h3>

FISR, the new fixed income fund, uses an ETF of ETFs strategy. That new ETF focuses on the following corners of the bond market: bonds issued by U.S. government or agency, treasury inflation protected securities (TIPS), corporate bonds, mortgage-backed securities, high yield bonds, international (including emerging markets) government and corporate bonds, senior loans and floating rate notes, <a href="https://us.spdrs.com/en/etf/spdr-ssga-fixed-income-sector-rotation-etf-FISR">according to State Street</a>.

FISR has seven holdings. The SPDR Bloomberg Barclays Mortgage Backed Bond ETF (NYSE:<a class="ticker" href="/stock/MBG#NYSE">MBG</a>), SPDR Portfolio Long Term Corporate Bond ETF (NYSE:<a class="ticker" href="/stock/SPLB#NYSE">SPLB</a>) and the SPDR Bloomberg Barclays Intermediate Term Treasury ETF (NYSE:<a class="ticker" href="/stock/ITE#NYSE">ITE</a>) combine for over 70 percent of the new fund&#39;s weight.

FISR has an annual fee of 0.50 percent, or $50 on a $10,000 investment.

<h3>Why It&#39;s Important</h3>

The SPDR SSGA US Sector Rotation ETF also uses an ETF of ETFs methodology and that new ETF&#39;s holdings are also other State Street funds.

XLSR&#39;s six holdings are comprised of sector SPDR funds. The Technology Select Sector SPDR (NYSE:<a class="ticker" href="/stock/XLK#NYSE">XLK</a>), Health Care Select Sector SPDR (NYSE:<a class="ticker" href="/stock/XLV#NYSE">XLV</a>) and the Consumer Discretionary Select Sector SPDR (NYSE:<a class="ticker" href="/stock/XLY#NYSE">XLY</a>) <a href="https://us.spdrs.com/en/etf/spdr-ssga-us-sector-rotation-etf-XLSR">combine for over 81 percent</a> of that new ETF&#39;s roster.

XLSR&#39;s other holdings are the real estate, industrial and communication services SPDRs. The new ETF charges 0.70 percent per year.

<h3>What&#39;s Next</h3>

XLSR &ldquo;seeks to provide capital appreciation by overweighting or underweighting S&amp;P 500 Sector ETFs based on ISG&rsquo;s sector return forecasts and research, which includes a proprietary, quantitative sector selection model,&rdquo; <a href="https://us.spdrs.com/en/etf/spdr-ssga-us-sector-rotation-etf-XLSR">according to State Street.</a>

XLSR is rebalanced monthly, though additional rebalances can occur. FISR, the new bond fund, also aims to rebalance monthly.

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Latest SPDR SSGA U.S. Sector Rotation ETF News | ARCA:XLSR | Benzinga

Thursday, April 04, 2019

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