State Street is one of the largest exchange traded fund managers in the world. State Street is famously know run the SPDR series of index funds which was the original listed index fund tracking some of the largest market in the world like the SPY ETF which tracks the Standard and Poor’s 500.
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Top 3 Largest State Street ETFs
SPDR S&P/ASX 200 (ASX STW)
STW is Australia’s first ETF with 15 year performance track record. The fund tracks the performance of ASX 200, the most widely tracked market index in Australia.
Vanguard is most well known to cut fees to the bone and likewise the rest sector had to follow suit. State Street charges 0.13% p.a
SPDR S&P/ASX 50 (ASX SFY)
ASX SFY tracks the performance of the ASX 50 which is made up of 50 largest Australian companies. On a like for like basis there is a significant level of overlap between STW and SFY. As the ASX 200 also include the companies in the ASX 50.
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SPDR S&P Global Dividend Fund (ASX WDIV)
For income focus investors WDIV is a dividend ETF which tracks an index of dividend stocks. Since this is a global dividend ETF, the portfolio is diversified across industries and countries.
State Street charges 0.50% per annum management fee and dividends are paid semi annually.