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Xetra/Börse Frankfurt: Two New SPDR ETFs Launched On Xetra - ETFs Based On US Stock Corporations

Date 01/07/2014

Two new equity index funds from the ETF offering issued by SPDR (State Street Global Advisors) have been tradable in the XTF segment on Xetra since Tuesday.  

ETF Name: SPDR Russell 3000 U.S. Total Market UCITS ETF
Asset class: equity index ETF
ISIN: IE00BKY7WX37
Total expense ratio: 0.25 percent
Distribution policy: non-distributing
Benchmark: Russell 3000 Index

 

ETF Name: SPDR Russell 2000 U.S. Small Cap UCITS ETF
Asset class: equity index ETF
ISIN: IE00BJ38QD84
Total expense ratio: 0.30 percent
Distribution policy: non-distributing
Benchmark: Russell 2000 Index

 

The SPDR Russell 3000 U.S. Total Market UCITS ETF offers investors access to the broad US equities market. The reference index comprises around 3,000 US small, mid and large-caps, thus covering around 98 percent of the total US equities market.

The SPDR Russell 2000 U.S. Small Cap UCITS ETF is based on US small caps. With around 2,000 small cap companies, the reference index tracks around 8 percent of the US equities market.

Deutsche Börse’s XTF segment product range currently comprises a total of 1,039 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.