SPDR ETF Options Report September 2017

Filed Pursuant To Rule 433

Registration No. 333-217785

October 23, 2017

 

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INVESTMENT PROFESSIONAL USE ONLY SPDR® ETF Options Report September 2017 20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total Open Ticker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put) SPY SPDR S&P500 ETF Trust 62941632 2219619 918144 1301475 7144231 15672240 XLF Financial Select Sector SPDR Fund 54645872 194669 144236 50434 2091624 2034139 XOP SPDR S&P Oil & Gas Exploration & Production ETF 15396494 99941 42628 57313 722455 1789486 XLU Utilities Select Sector SPDR Fund 12589497 38338 20878 17460 306828 545165 XLE Energy Select Sector SPDR Fund 12134923 60116 35136 24980 563457 779029 XLP Consumer Staples Select Sector SPDR Fund 11807631 9647 3694 5954 92093 170053 XLK Technology Select Sector SPDR Fund 8230338 13826 5395 8431 144242 305795 XLI Industrial Select Sector SPDR Fund 8084067 12330 3328 9003 93795 210393 GLD® SPDR Gold Shares® 8137692 134110 73781 60329 2162236 994236 JNK SPDR Bloomberg Barclays High Yield Bond ETF 6490736 936 29 907 24616 68195 XLV Health Care Select Sector SPDR Fund 6305593 12755 7900 4856 129875 163296 KRE SPDR S&P Regional Banking ETF 6308286 27669 14856 12814 187407 225191 XLB Materials Select Sector SPDR Fund 4299162 5785 3004 2782 83639 135525 XLY Consumer Discretionary Select Sector SPDR Fund 4202887 5272 2475 2798 72003 123771 XRT SPDR S&P Retail ETF 3503758 19833 6434 13400 82189 198755 XBI SPDR S&P Biotech ETF 3140187 22253 9293 12961 142167 265616 KBE SPDR S&P Bank ETF 2707485 2049 1380 669 23107 50468 FEZ SPDR EURO STOXX 50 ETF 2412163 7489 4954 2536 162712 189960 XME SPDR S&P Metals & Mining ETF 2294198 7192 3640 3553 117709 128874 DIA SPDR Dow Jones Industrial Average ETF Trust 2118540 24958 12369 12590 237685 225722 XHB SPDR S&P Homebuilders ETF 1834850 3071 1682 1389 62504 51025 XLRE Real Estate Select Sector SPDR Fund 1688883 62 23 39 1308 1176 CWB SPDR Bloomberg Barclays Convertible Securities ETF 1152762 15 10 6 174 208 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 1218445 5 117 MDY SPDR S&P MidCap 400 ETF Trust 886334 1773 986 788 34731 27033 BWX SPDR Bloomberg Barclays International Treasury Bond ETF 654763 4 2 3 350 2187 XES SPDR S&P Oil & Gas Equipment & Services ETF 614819 460 372 88 6484 2393 BIL SPDR Bloomberg Barclays 1-3 Month T-Bill ETF 514534 Source: Bloomberg as of Bloomberg as of 9/30/2017.


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SPDR® ETF Options Report 20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total Open Ticker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put) RWX SPDR Dow Jones International Real Estate ETF 458194 8 3 6 108 209 SDY SPDR S&P Dividend ETF 382995 69 50 20 1761 971 RWO SPDR Dow Jones Global Real Estate ETF 277651 5 KIE SPDR S&P Insurance ETF 205766 479 298 182 1225 1592 TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 215076 67 XAR SPDR S&P Aerospace & Defense ETF 132486 55 45 10 1153 534 RWR SPDR Dow Jones REIT ETF 128584 12 7 5 94 162 CWI SPDR MSCI ACWI ex-US ETF 109530 1 1 22 167 GNR SPDR S&P Global Natural Resources ETF 113896 2 1 2 32 240 DWX SPDR S&P International Dividend ETF 91343 2 1 1 44 26 XPH SPDR S&P Pharmaceuticals ETF 99034 7 6 2 146 144 HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 113483 2 1 2 33 42 GWX SPDR S&P International Small Cap ETF 69947 9 166 EWX SPDR S&P Emerging Markets SmallCap ETF 52651 5 1 5 1 146 GWL SPDR S&P World ex-US ETF 63349 10 EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 45937 1 24 XSD SPDR S&P Semiconductor ETF 49776 2 1 2 143 69 EDIV SPDR S&P Emerging Markets Dividend ETF 48235 3 3 1 89 21 GXC SPDR S&P China ETF 47096 10 6 5 129 196 GMF SPDR S&P Emerging Asia Pacific ETF 30315 14 5 9 98 175 KCE SPDR S&P Capital Markets ETF 11482 2 1 2 49 24 Source: Bloomberg as of Bloomberg as of 9/30/2017. State Street Global Advisors 2


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SPDR® ETF Options Report ssga.com spdrs.com spdrgoldshares.com State Street Global Advisors One Lincoln Street, Boston, MA 02111 2900. T: +1 617 786 3000. Important Risk Information This material has been created for informational purposes only and does not constitute investment advice and it should not be relied on as such. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, or liability for, decisions made based on this material. All material has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce returns. Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies. Select Sector SPDR Funds bear a higher level of risk than more broadly diversified funds. All ETFs are subject to risk, including the possible loss of principal. Sector ETFs products are also subject to sector risk and non diversification risk, which generally results in greater price fluctuations than the overall market. Non diversified funds that focus on a relatively small number of stocks or countries tend to be more volatile than diversified funds and the market as a whole. Options investing entail a high degree of risk and may not be appropriate for all investors. GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of the Trust do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA. Commodities and commodity index linked securities may be affected by changes in overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities. Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. Diversification does not ensure a profit or guarantee against loss. Investing in commodities entails significant risk and is not appropriate for all investors. Important Information Relating to SPDR Gold Trust The SPDR Gold Trust (“GLD”) has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents GLD has filed with the SEC for more complete information about GLD and this offering. Please see the GLD prospectus for a detailed discussion of the risks of investing in GLD shares. When distributed electronically, the GLD prospectus is available by clicking here. You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, the Trust or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.4053. GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of the Trust do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA. GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLD shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. GLD does not generate any income, and as GLD regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Share will decline over time to that extent. Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto. For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds Distributors, LLC, One Lincoln Street, Boston, MA, 02111; T: +1 866 320 4053 spdrgoldshares.com The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data. BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs. Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., a registered broker dealer, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, and all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc. is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State State Street Global Advisors Funds Distributors, LLC. State Street Global Advisors Funds Distributors, LLC is the distributor for certain registered products on behalf of the advisor. SSGA Funds Management has retained Nuveen Asset Management, LLC as the sub advisor to certain of such funds. State Street Global Advisors Funds Distributors, LLC is not affiliated with Nuveen Asset Management, LLC Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 866.787.2257 or visit spdrs.com. Read it carefully. Not FDIC Insured No Bank Guarantee May L se Value State Street Gl bal Advis rs © 2017 State Street C rp rati n. All Rights Reserved. IBG 25607 Exp. Date: 10/31/2018 SPD001459


SPDR® GOLD TRUST has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.