SSgA ETFs Offer Income, Inflation Protection

State Street Global Advisors (SSgA) rolled out two exchange-traded funds (ETFs) that offer income and inflation protection.

The SPDR Standard & Poor’s (S&P) Global Dividend ETF (WDIV) is designed to provide precise exposure to dividend-paying companies in developed and emerging markets through a globally diversified income portfolio strategy. The fund seeks to track the performance of the S&P Global Dividend Aristocrats Index, which measures the performance of the highest dividend-yielding companies within the S&P Global Broad Market Index (BMI) that have followed a policy of increasing or stable dividends for at least 10 consecutive years. To ensure diversification, the weight for each index constituent is capped at 3%, and the weight of each country and Global Industry Classification Standard (GICS) Sector is capped at 25% at each index rebalancing. The expense ratio of the fund is 0.40%.   

The SPDR Barclays 1 – 10 Year TIPS ETF (TIPX) is designed to provide access to Treasury inflation-protected securities (TIPS). The fund seeks to track the performance of the Barclays 1 – 10 Year Government Inflation-linked Bond Index. The index includes publicly issued TIPS with at least one year remaining to maturity and fewer than 10 years on index rebalancing date, with an issue size equal to or in excess of $500 million. The expense ratio of the fund is 0.15%.    

For more information, visit