SPYB SPDR S&P 500 Buyback ETF

This investment vehicle aims to deliver returns that generally align with the total performance of the S&P 500 Buyback Index, prior to accounting for fees and expenses. This index specifically tracks publicly traded...…

This investment vehicle aims to deliver returns that generally align with the total performance of the S&P 500 Buyback Index, prior to accounting for fees and expenses. This index specifically tracks publicly traded companies that exhibit a high ratio of share repurchases. The fund typically allocates a substantial portion, at minimum 80%, of its total assets to the underlying securities within this index. The S&P 500 Buyback Index identifies the 100 S&P 500® companies with the highest buyback ratios observed over the previous twelve months. Investors should be aware that the fund is non-diversified.