Overview
Description
The SPDR S&P U.S. Communication Services Select ETF is an exchange-traded fund designed to provide investment results that, before expenses, correspond generally to the total return performance of the S&P Communication Services Select Sector Index. This ETF's primary function is to offer exposure to the communication services sector of the U.S. equity market. It encompasses a diverse array of companies that are part of the telecommunications, media, and entertainment industries.
Notable features of this ETF include its inclusion of major corporations involved in broadcast, entertainment, and internet services, which play pivotal roles in both consumer and business services. Companies within this sector include those leading in social media, streaming services, and traditional telecommunications.
The SPDR S&P U.S. Communication Services Select ETF holds significance in the financial market as it provides investors with the ability to gain exposure to a specific sector while diversifying their portfolio through a single investment vehicle. It allows for targeted investment strategies, catering to those looking to align their portfolios with the evolving dynamics of the communication services landscape.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Netherlands
MIC code
XAMS