New equity ETFs from SPDR on Xetra: Access to high-quality companies from the US and worldwide
New equity ETFs from SPDR on Xetra: Access to high-quality companies from the US and worldwide
Since Monday, two new exchange-traded funds from State Street Global Advisors have been tradable via Xetra and Börse Frankfurt.
The SPDR S&P 500 Quality Aristocrats UCITS ETF measures the performance of U.S. companies with higher quality characteristics than the S&P 500 Index. To do this, the selected companies must first have a positive free cash flow (FCF) over several years. The 100 companies that have the highest rating of FCF margin and FCF yield on a 5-year average are then selected.
The SPDR S&P Developed Quality Aristocrats UCITS ETF uses the same approach with the S&P Developed LargeMidCap Index as it´s main index, investing in 100 large and mid-cap companies from developed markets that have the highest quality rating of FCF margin and FCF return.
These are accumulating share classes in which the returns are reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
SPDR S&P 500 Quality Aristocrats UCITS ETF (Acc) | Equity ETF | 0.25 per cent | accumulating | S&P 500 Quality FCF Aristocrats Index | |
SPDR S&P Developed Quality Aristocrats UCITS ETF (Acc) | Equity ETF | 0.35 per cent | accumulating | S&P Developed Quality FCF Aristocrats Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,313 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.