Filed Pursuant To Rule 433
Registration No. 333-209926
April 12, 2017
SPDR® ETF Options Report March 2017 20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total OpenTicker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put)SPY SPDR S&P500 ETF Trust 82,155,856 2,815,401 1,157,354 1,658,047 7,383,209 15,215,750XLF Financial Select Sector SPDR Fund 90,789,432 258,319 144,845 113,474 2,298,881 3,354,988XOP SPDR S&P Oil & Gas Exploration & Production ETF 18,882,980 139,762 63,920 75,843 838,987 1,378,994GLD® SPDR Gold Shares 7,220,848 126,558 75,084 51,475 2,348,403 920,825XLE Energy Select Sector SPDR Fund 16,254,849 61,705 27,358 34,348 522,396 699,035XLU Utilities Select Sector SPDR Fund 14,975,916 37,607 16,233 21,375 256,507 500,759XLV Health Care Select Sector SPDR Fund 8,412,859 35,329 24,585 10,744 288,803 299,784DIA SPDR Dow Jones Industrial Average ETF Trust 3,698,195 30,567 13,959 16,608 248,456 215,890KRE SPDR S&P Regional Banking ETF 9,771,852 28,183 8,943 19,241 104,725 234,664XBI SPDR S&P Biotech ETF 4,542,072 21,306 9,493 11,813 146,708 254,271XRT SPDR S&P Retail ETF 5,590,473 19,323 10,942 8,382 163,028 147,515FEZ SPDR EURO STOXX 50 ETF 2,929,349 16,777 11,728 5,050 648,074 226,580XLI Industrial Select Sector SPDR Fund 10,467,062 15,568 4,329 11,239 114,778 257,505XLK Technology Select Sector SPDR Fund 8,856,099 12,892 4,824 8,069 99,498 297,499XLP Consumer Staples Select Sector SPDR Fund 8,331,728 9,891 2,850 7,042 87,523 201,437XME SPDR S&P Metals & Mining ETF 3,958,927 7,155 3,712 3,444 53,400 63,247XLY Consumer Discretionary Select Sector SPDR Fund 4,188,496 6,464 3,190 3,275 59,487 157,355XLB Materials Select Sector SPDR Fund 4,471,453 5,551 2,097 3,455 63,224 119,368KBE SPDR S&P Bank ETF 3,403,635 3,149 1,040 2,110 25,789 42,854JNK SPDR Bloomberg Barclays High Yield Bond ETF 14,060,303 2,610 165 2,445 4,936 70,052XHB SPDR S&P Homebuilders ETF 1,684,850 1,709 802 908 33,792 41,344MDY SPDR S&P MidCap 400 ETF Trust 1,360,472 1,110 800 311 26,438 38,062XLRE Real Estate Select Sector SPDR Fund 2,261,917 799 68 732 2,682 13,708XES SPDR S&P Oil & Gas Equipment & Services ETF 831,800 480 51 430 2,287 6,071SDY SPDR S&P Dividend ETF 554,367 119 99 20 4,377 1,867KIE SPDR S&P Insurance ETF 116,399 27 22 5 509 214XPH SPDR S&P Pharmaceuticals ETF 128,570 27 16 12 1,197 520Source: Bloomberg as of 04/30/2017.
SPDR® ETF Options Report 20 Day Average 20 Day Average 20 Day Average 20 Day Average Total Open Total OpenTicker Name ETF Volume Total Option Volume Call Option Volume Put Option Volume Interest (Call) Interest (Put)XAR SPDR S&P Aerospace & Defense ETF 114,576 20 9 12 374 256BWX SPDR Bloomberg Barclays International Treasury Bond ETF 817,787 13 5 8 174 1,899RWR SPDR Dow Jones REIT ETF 262,314 8 2 6 131 105CWB SPDR Bloomberg Barclays Convertible Securities ETF 648,060 8 6 2 424 336XSD SPDR S&P Semiconductor ETF 49,358 6 3 3 85 125DWX SPDR S&P International Dividend ETF 170,705 5 4 2 42 60HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 89,483 5 4 2 87 198GXC SPDR S&P China ETF 81,815 4 2 2 57 41SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 2,107,142 2 2 1 246 26KCE SPDR S&P Capital Markets ETF 6,201 1 1 1 72 17RWX SPDR Dow Jones International Real Estate ETF 646,687 1 1 0 37 38GNR SPDR S&P Global Natural Resources ETF 88,415 1 1 0 8 16GUR SPDR S&P Emerging Europe ETF 9,460 1 1 0 11 0GMF SPDR S&P Emerging Asia Pacific ETF 22,840 1 1 1 0 4EWX SPDR S&P Emerging Markets SmallCap ETF 145,895 1 1 1 111 24RWO SPDR Dow Jones Global Real Estate ETF 616,701 0 0 0 36 3EDIV SPDR S&P Emerging Markets Dividend ETF 83,566 0 0 0 3 0GWX SPDR S&P International Small Cap ETF 112,803 0 0 0 1 0TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 347,922 0 0 0 84 2Source: Bloomberg as of 04/30/2017. State Street Global Advisors 2
SPDR® ETF Options Reportssga.com | spdrs.com | spdrgoldshares.comState Street Global Advisors One Lincoln Street, Boston, MA 02111-2900. T: +1 617 786 3000.Important Risk InformationThis 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.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. 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 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.Please see the GLD prospectus for a detailed discussion of the risks of investing in GLD shares. When this is distributed electronically, the GLD prospectus is available here.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.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, including for any errors, omissions, or interruptions of any index.Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a 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 Street Global Markets, LLC. State Street Global Markets, LLC is the distributor for all registered products on behalf of the advisor. SSGA Funds Management has retained Nuveen Asset Management, LLC as the sub-advisor. State Street Global Markets, 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 Lose Value © 2017 State Street Corporation. All Rights Reserved.State Street Global Advisors ID9244-IBG-23347 0417 Exp. Date: 04/30/2018 SPD001310
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.