47.25500 EUR
0.415
0.87%
Last update Dec 15, 7:20 PM CET
Market closed
Day range
47.20500
47.98000
Previous close
47.67000
Open
47.72000
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SPDR World Energy Fund
47.26
0.42
0.87%

Overview

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Description

The SPDR World Energy Fund is an exchange-traded fund (ETF) designed to provide investment results that, before fees and expenses, correspond generally to the performance of a specific energy sector index. This fund focuses on capturing the performance of prominent companies involved in various aspects of the global energy industry, including oil, gas, renewable energy, and related technologies. It typically includes a diverse portfolio of stocks from energy-heavy sectors across different geographic regions, offering exposure to both established and emerging markets. The SPDR World Energy Fund plays a significant role in investment portfolios seeking to diversify into the energy sector, particularly for those interested in capitalizing on global trends in energy consumption and production. As such, it serves institutional investors, asset managers, and individual participants aiming to strategically allocate capital to the energy sector while leveraging the benefits of liquidity and transparency inherent to ETFs.

About

Address
Phone
+353 1 776 3000
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
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