A further exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra® since Tuesday.
ETF name: SPDR S&P 400 US Mid Cap ETF
Asset class: equity index ETF
ISIN: IE00B4YBJ215
Total expense ratio: 0.30 percent
Distribution policy: non-distributing
Benchmark: S&P MidCap 400 Index
The SPDR S&P 400 US Mid Cap ETF enables investors to participate in the performance of the S&P MidCap 400 Index for the first time. The index comprises 400 medium-sized US companies weighted by market capitalisation and represents seven percent of the US market.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 921 exchange-listed index funds, while the average monthly trading volume stands at €16 billion.
