ETF Options Report July 2018

Filed Pursuant To Rule 433

Registration No. 333-217785

August 15, 2018

 

LOGO

SPDR® ETF Options Report Investment ProfessIonal Use only July 2018 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&P 500 ETF Trust 60,753,624 2,159,116 864,573 1,294,543 7,347,796 12,722,900 XLF Financial Select Sector SPDR Fund 58,167,136 226,515 164,827 61,688 2,203,451 1,701,022 XLU Utilities Select Sector SPDR Fund 15,431,473 43,511 9,966 33,545 154,599 448,301 XOP SPDR S&P Oil & Gas Exploration & Production ETF 14,401,308 75,992 36,199 39,793 544,527 1,141,553 XLP Consumer Staples Select Sector SPDR Fund 13,881,533 13,253 5,602 7,651 162,205 177,720 XLK Technology Select Sector SPDR Fund 12,354,903 24,799 10,169 14,630 161,809 337,120 XLI Industrial Select Sector SPDR Fund 12,182,824 48,904 23,088 25,816 271,778 329,469 XLE Energy Select Sector SPDR Fund 11,790,189 42,410 23,405 19,005 382,166 478,814 JNK SPDR Bloomberg Barclays High Yield Bond ETF 9,837,961 268 19 249 15,608 90,306 KRE SPDR S&P Regional Banking ETF 6,419,193 33,831 12,347 21,484 405,291 282,481 XLV Health Care Select Sector SPDR Fund 6,307,192 9,250 5,525 3,726 84,727 94,196 GLD® SPDR Gold Shares 5,880,894 112,355 81,941 30,414 2,189,014 588,669 XLB Materials Select Sector SPDR Fund 5,815,807 8,258 4,551 3,708 84,908 66,858 XRT SPDR S&P Retail ETF 5,704,837 42,357 7,522 34,835 150,764 394,694 XLY Consumer Discretionary Select Sector SPDR Fund 4,701,383 10,336 5,446 4,890 79,541 113,047 XBI SPDR S&P Biotech ETF 4,135,984 27,666 11,210 16,457 134,795 325,354 DIA SPDR Dow Jones Industrial Average ETF Trust 3,508,705 50,375 28,543 21,833 321,741 227,501 FEZ SPDR EURO STOXX 50 ETF 2,894,007 5,482 1,518 3,965 96,674 293,134 XHB SPDR S&P Homebuilders ETF 2,589,460 5,038 2,760 2,279 67,733 73,212 XLRE Real Estate Select Sector SPDR Fund 2,543,444 266 167 99 2,447 5,432 XME SPDR S&P Metals & Mining ETF 2,488,884 5,531 1,982 3,549 50,121 103,334 KBE SPDR S&P Bank ETF 1,886,129 3,930 455 3,476 26,537 63,098 SPYG SPDR Portfolio S&P 500 Growth ETF 1,416,800 36 25 11 448 254 CWB SPDR Bloomberg Barclays Convertible Securities ETF 1,208,352 11 6 6 179 315 XES SPDR S&P Oil & Gas Equipment & Services ETF 1,139,759 404 357 48 4,287 1,091 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 1,102,609 6 — 6 17 279 SPTM SPDR Portfolio Total Stock Market ETF 779,892 1 1 1 — 1 MDY SPDR S&P MidCap 400 ETF Trust 690,437 2,097 1,418 680 20,973 14,528 Source: Bloomberg as of 07/31/2018.

LOGO

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) BWX SPDR Bloomberg Barclays International Treasury Bond ETF 460,034 26 3 24 126 1,043 SPDW SPDR Portfolio Developed World ex-US ETF 458,782 — 1 — 80 10 XLC Communication Services Select Sector SPDR Fund 448,951 278 167 111 1,786 1,723 RWX SPDR Dow Jones International Real Estate ETF 414,101 1 1 — 44 —SPYV SPDR Portfolio S&P 500 Value ETF 409,578 6 5 1 166 22 TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 386,781 — 132 — 2,628 —KIE SPDR S&P Insurance ETF 352,173 18 6 12 419 803 SDY SPDR S&P Dividend ETF 330,678 30 19 12 1,005 571 RWR SPDR Dow Jones REIT ETF 168,776 6 2 5 329 182 RWO SPDR Dow Jones Global Real Estate ETF 140,098 1 1 1 20 5 CWI SPDR MSCI ACWI ex-US ETF 121,885 — — — 1 —EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 119,661 — 1 — 79 68 GNR SPDR S&P Global Natural Resources ETF 98,563 2 1 1 3,834 146 XSD SPDR S&P Semiconductor ETF 92,313 10 8 2 98 21 DWX SPDR S&P International Dividend ETF 87,543 — — — 32 7 GWX SPDR S&P International Small Cap ETF 79,075 — — — — 3 XAR SPDR S&P Aerospace & Defense ETF 67,090 16 14 3 274 129 XPH SPDR S&P Pharmaceuticals ETF 60,881 5 1 4 57 260 EDIV SPDR S&P Emerging Markets Dividend ETF 50,743 — 2 — 46 1 GXC SPDR S&P China ETF 42,543 9 3 7 98 260 EWX SPDR S&P Emerging Markets SmallCap ETF 40,926 6 4 3 55 69 HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 40,891 4 — 4 28 87 GMF SPDR S&P Emerging Asia Pacific ETF 18,093 1 — 1 68 64 KCE SPDR S&P Capital Markets ETF 9,209 2 — 2 153 120 Source: Bloomberg as of 07/31/2018. Prior to 10/16/2017, the SPDR Portfolio Total Stock Market ETF (SPTM) was known as the SPDR Russell 3000® ETF (THRK), the SPDR Portfolio Large Cap ETF (SPLG) was known as the SPDR Russell 1000® ETF (ONEK), the SPDR Portfolio Mid Cap ETF (SPMD) was known as the SPDR S&P 1000® ETF (SMD), the SPDR Portfolio Small Cap ETF (SPSM) was known as the SPDR Russell 2000® ETF (TWOK), the SPDR Portfolio S&P 500 Growth ETF (SPYG) was known as the SPDR S&P 500 Growth ETF (SPYG), the SPDR Portfolio S&P 500 Value ETF (SPYV) was known as the SPDR S&P 500 Value ETF (SPYV), the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) was known as the SPDR S&P 500 High Dividend ETF (SPYD), the SPDR Portfolio Developed World ex-US ETF (SPDW) was known as the SPDR S&P World ex-US ETF (GWL), the SPDR Portfolio Emerging Markets ETF (SPEM) was known as the SPDR S&P Emerging Markets ETF (GMM), the SPDR Portfolio Aggregate Bond ETF (SPAB) was known as the SPDR Bloomberg Barclays Aggregate Bond ETF (BNDS), the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) was known as the SPDR Bloomberg Barclays Short Term Corporate Bond ETF (SCPB), the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) was known as the SPDR Bloomberg Barclays Intermediate Term Corporate Bond ETF (ITR), the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) was known as the SPDR Bloomberg Barclays Long Term Corporate Bond ETF (LWC), the SPDR Portfolio Short Term Treasury ETF (SPTS) was known as the SPDR Bloomberg Barclays Short Term Treasury ETF (SST), and the SPDR Portfolio Long Term Treasury ETF (SPTL) was known as the SPDR Bloomberg Barclays Long Term Treasury ETF (TLO). State Street Global Advisors 2

LOGO

SPDR® ETF Options Report ssga.com | spdrs.com | spdrgoldshares.com State Street Global Advisors One Iron Street, Boston MA 02210. T: +1 866 787 2257. 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. Important Risk Information GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLD This material has been created for informational purposes only and does not constitute investment advice and shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold it should not be relied on as such. It does not take into account any investor’s particular investment objectives, could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, which trade at market price, may be more or less than the value of the gold represented by them. GLD does not or liability for, decisions made based on this material. All material has been obtained from sources believed to be generate any income, and as GLD regularly sells gold to pay for its ongoing expenses, the amount of gold represented reliable, but its accuracy is not guaranteed. by each Share will decline over time to that extent. Investing involves risk, and you could lose money on an investment in SPDR® Gold Trust (“GLD®”). ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or The World Gold Council name and logo are a registered trademark and used with the permission of the World Gold below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce returns. Council pursuant to a license agreement. The World Gold Council is not responsible for the content of, and is not liable for the use of or reliance on, this material. World Gold Council is an affiliate of GLD’s sponsor. Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors GLD® is a registered trademark of World Gold Trust Services, LLC used with the permission of World Gold Trust and companies. Services, LLC. Select Sector SPDR Funds bear a higher level of risk than more broadly diversified funds. All ETFs are subject to risk, Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC, a including the possible loss of principal. Sector ETFs products are also subject to sector risk and non-diversification division of S&P Global (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow risk, which generally results in greater price fluctuations than the overall market. Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed Non-diversified funds that focus on a relatively small number of stocks or countries tend to be more volatile than for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, diversified funds and the market as a whole. endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties makes any representation regarding the advisability of investing in such product(s) nor do they have Options investing entail a high degree of risk and may not be appropriate for all investors. GLD is not an investment any liability in relation thereto. 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 For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds protections associated with ownership of shares in an investment company registered under the 1940 Act or the Distributors, LLC, One Iron Street, Boston, MA, 02210; T: +1 866 320 4053 spdrgoldshares.com. protections afforded by the CEA. The trademarks and service marks referenced herein are the property of their respective owners. Third party data Commodities and commodity-index linked securities may be affected by changes in overall market movements, providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory the data and have no liability for damages of any kind relating to the use of such data. developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities. BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing savings from low fees or costs. and trading of the SPDR Bloomberg Barclays ETFs. Diversification does not ensure a profit or guarantee against loss. 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 Investing in commodities entails significant risk and is not appropriate for all investors. affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Important Information Relating to SPDR® Gold Trust (“GLD®”): Inc., member FINRA, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial The SPDR Gold Trust (“GLD”) has filed a registration statement (including a prospectus) with the Average, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is distributor for Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with Before you invest, you should read the prospectus in that registration statement and other documents State State Street Global Advisors Funds Distributors, LLC. GLD has filed with the SEC for more complete information about GLD and this offering. Please see State Street Global Advisors Funds Distributors, LLC is the distributor for certain registered products on behalf the GLD prospectus for a more detailed discussion of the risks of investing in GLD shares. The GLD of the advisor. SSGA Funds Management has retained Nuveen Asset Management, LLC as the sub-advisor to prospectus is available by clicking here. You may get these documents for free by visiting EDGAR on certain of such funds. State Street Global Advisors Funds Distributors, LLC is not affiliated with Nuveen Asset the SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, the Trust or any authorized Management, LLC. participant will arrange to send you the prospectus if you request it by calling 866.320.4053. Before investing, consider the funds’ investment objectives, risks, charges and expenses. GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not To obtain a prospectus or summary prospectus which contains this and other information, subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of the Trust call 866.787.2257 or visit spdrs.com. Read it carefully. © 2018 State Street Corporation. All Rights Reserved. State Street Global Advisors ID13885-2047512.7.1.NA.INST 0818 Exp. Date: 08/31/2019 SPD001694

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 Advisors Funds Distributors, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.