SPDR MSCI World Technology

ETF description

This ETF focuses on tracking the performance of technology companies from developed countries around the world. It includes businesses involved in areas such as software, hardware, semiconductors, and IT services. The companies held by this ETF are selected from a broad global index, meaning they are chosen based on size and classification within the technology sector, rather than from just one country or region.

This ETF may appeal to investors who are interested in the long‑term trends shaping the technology sector, or those who want to focus part of their investment strategy on companies that produce or rely on digital innovation.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The MSCI World Information Technology 35/20 Capped Index measures the performance of global equities that are classified as falling within the technology sector, as per the Global Industry Classification Standard (GICS).