SPDR S&P Retail ETF (XRT)

Overview

The fund is designed to mirror the performance of the S&P Retail Select Industry Index, reflecting a specialized approach to investing in the retail sector. It utilizes a sampling strategy to achieve this goal, whereby it invests most or all of its assets in the securities that make up the index. This index is a component of the S&P Total Market Index (S&P TMI), focusing specifically on the retail industry. By committing at least 80% of its total assets to securities within the index, the fund seeks to offer investors exposure to the retail segment's performance, reflecting trends and opportunities within this dynamic sector.

Products and Services

The fund's main product and service offerings are centered around investment in the retail sector, as outlined below:

• Index Tracking: The primary service provided by the fund is the attempt to track the performance of the S&P Retail Select Industry Index. This index serves as a benchmark for the retail sector, encompassing a wide range of companies within the retail industry. Through a sampling strategy, the fund selects securities that are representative of the index's composition, aiming to replicate its performance as closely as possible.
• Sector-Specific Investment: By focusing on the S&P Retail Select Industry Index, the fund offers investors a targeted investment in the retail sector. This sector-specific approach allows investors to capitalize on trends and growth opportunities within the retail market, guided by the performance of the securities comprising the index.