SPDR ETF Options Report September 2018

Filed Pursuant To Rule 433

Registration No. 333-217785

October 10, 2018

 

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SPDR® ETF Options Report INVESTMENT PROFESSIONAL USE ONLY September 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 64,509,108 2,154,646 895,662 1,258,985 7,597,406 12,138,700 XLF Financial Select Sector SPDR Fund 47,205,108 174,443 100,192 74,252 1,617,883 1,872,347 XLU Utilities Select Sector SPDR Fund 14,838,070 35,590 17,625 17,965 214,846 235,540 XLK Technology Select Sector SPDR Fund 13,670,039 28,667 16,512 12,155 126,223 246,972 XOP SPDR S&P Oil & Gas Exploration & Production ETF 12,412,534 61,419 22,898 38,522 560,364 1,238,502 XLE Energy Select Sector SPDR Fund 12,224,661 41,840 23,840 18,001 307,372 433,834 JNK SPDR Bloomberg Barclays High Yield Bond ETF 11,340,947 1,267 25 1,242 4,485 69,778 XLP Consumer Staples Select Sector SPDR Fund 10,416,099 8,678 4,342 4,336 97,440 164,041 XLI Industrial Select Sector SPDR Fund 10,174,372 27,257 15,414 11,844 158,699 184,371 XLV Health Care Select Sector SPDR Fund 6,845,444 13,364 5,890 7,474 80,255 161,429 KRE SPDR S&P Regional Banking ETF 5,790,262 41,688 18,788 22,900 464,263 408,710 XLB Materials Select Sector SPDR Fund 5,774,269 10,197 8,413 1,784 72,413 54,673 GLD® SPDR Gold Shares 5,062,532 60,434 36,711 23,723 1,750,267 521,925 XRT SPDR S&P Retail ETF 5,048,910 20,325 9,148 11,178 37,713 160,852 XLY Consumer Discretionary Select Sector SPDR Fund 5,009,515 5,630 3,050 2,581 52,272 87,855 DIA SPDR Dow Jones Industrial Average ETF Trust 3,446,744 49,883 27,433 22,450 336,060 211,987 FEZ SPDR EURO STOXX 50 ETF 2,879,992 4,550 1,577 2,973 82,189 176,326 XBI SPDR S&P Biotech ETF 2,681,047 23,357 7,190 16,167 107,500 268,772 XLC Communication Services Select Sector SPDR Fund 2,612,940 947 509 439 10,411 8,285 XHB SPDR S&P Homebuilders ETF 2,314,129 2,906 1,284 1,622 26,062 43,162 XLRE Real Estate Select Sector SPDR Fund 2,127,688 329 276 53 6,046 4,804 XME SPDR S&P Metals & Mining ETF 2,041,881 5,226 3,311 1,916 59,229 88,396 KBE SPDR S&P Bank ETF 1,727,078 2,438 742 1,696 18,422 56,977 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 1,227,277 1 1 1 6 98 XES SPDR S&P Oil & Gas Equipment & Services ETF 1,165,273 65 32 34 1,511 733 TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 977,592 — 1 — 33 — MDY SPDR S&P MidCap 400 ETF Trust 937,143 776 481 296 22,664 13,209 CWB SPDR Bloomberg Barclays Convertible Securities ETF 891,324 21 16 5 205 349 Source: Bloomberg as of 09/30/2018.

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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) SPYG SPDR Portfolio S&P 500 Growth ETF 855,278 29 24 6 323 197 SPLG SPDR Portfolio Large Cap ETF 768,562 — 1 — 22 — SPDW SPDR Portfolio Developed World ex-US ETF 718,910 — — — 56 10 SPTM SPDR Portfolio Total Stock Market ETF 608,377 — 2 — 8 2 SPYV SPDR Portfolio S&P 500 Value ETF 432,909 5 4 1 100 23 EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 406,758 5 2 3 50 63 RWX SPDR Dow Jones International Real Estate ETF 384,593 — 1 — 43 — SDY SPDR S&P Dividend ETF 383,543 43 37 7 786 595 SPSM SPDR Portfolio Small Cap ETF 310,315 — — 1 — 3 RWR SPDR Dow Jones REIT ETF 254,132 16 14 2 91 173 BWX SPDR Bloomberg Barclays International Treasury Bond ETF 247,361 20 1 19 126 2,774 KIE SPDR S&P Insurance ETF 195,648 52 12 41 355 1,121 CWI SPDR MSCI ACWI ex-US ETF 172,650 — — — 1 — XAR SPDR S&P Aerospace & Defense ETF 150,474 11 8 3 232 163 GNR SPDR S&P Global Natural Resources ETF 127,089 3 2 2 128 118 XSD SPDR S&P Semiconductor ETF 116,179 6 5 2 89 53 XPH SPDR S&P Pharmaceuticals ETF 112,684 18 14 4 324 314 RWO SPDR Dow Jones Global Real Estate ETF 110,737 — 1 — 6 5 GXC SPDR S&P China ETF 100,358 31 11 21 174 363 DWX SPDR S&P International Dividend ETF 57,472 1 1 1 17 12 EDIV SPDR S&P Emerging Markets Dividend ETF 55,207 1 1 — 35 16 EWX SPDR S&P Emerging Markets SmallCap ETF 52,173 11 3 8 93 151 HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 49,825 — — 1 25 55 GMF SPDR S&P Emerging Asia Pacific ETF 35,238 — — — 4 21 KCE SPDR S&P Capital Markets ETF 5,471 9 5 5 144 82 Source: Bloomberg as of 09/30/2018. State Street Global Advisors 2

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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. Important Information This 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. 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 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. Commodities and commodity-index linked securities may be affected by changes in overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities. Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. Diversification does not ensure a profit or guarantee against loss. Investing in commodities entails significant risk and is not appropriate for all investors. Important Information Relating to SPDR® Gold Trust (“GLD®”): 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. Please see the GLD prospectus for a more detailed discussion of the risks of investing in GLD shares. The GLD prospectus is available by clicking here. 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 or any authorized participant 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. The World Gold Council name and logo are a registered trademark and used with the permission of the World Gold 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. GLD® is a registered trademark of World Gold Trust Services, LLC used with the permission of World Gold Trust Services, LLC. Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (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 makes any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto. For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston, MA, 02210; T: +1 866 320 4053 spdrgoldshares.com. 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. 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 affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State State Street Global Advisors Funds Distributors, LLC. State Street Global Advisors Funds Distributors, LLC is the distributor for certain registered products on behalf of the advisor. SSGA Funds Management has retained Nuveen Asset Management, LLC as the sub-advisor to certain of such funds. State Street Global Advisors Funds Distributors, 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. © 2018 State Street Corporation. All Rights Reserved. State Street Global Advisors ID14422-2047512.10.1.AM.INST 1018 Exp. Date: 10/31/2019 SPD001718

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.