ETF Options Report October 2017

Filed Pursuant To Rule 433

Registration No. 333-217785

November 15, 2017

 

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INVESTMENT PROFESSIONAL USE ONLY SPDR® ETF Options Report October 2017    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 59739568 2261690 854091 1407599 8105230 16313160 XLF Financial Select Sector SPDR Fund 48688724 187688 113657 74032 2176437 2533615 XLU Utilities Select Sector SPDR Fund 11566641 34121 12664 21458 266939 710126 XOP SPDR S&P Oil & Gas Exploration & Production ETF 10817335 65385 23815 41571 716857 1795772 XLP Consumer Staples Select Sector SPDR Fund 10637822 30027 5324 24703 91632 206895 XLE Energy Select Sector SPDR Fund 9759350 35418 17910 17509 582295 784646 XLI Industrial Select Sector SPDR Fund 8470126 12283 2323 9960 90981 243930 XLK Technology Select Sector SPDR Fund 7462302 12383 6762 5621 163818 318346 XLV Health Care Select Sector SPDR Fund 6490124 17495 10693 6802 186646 219442 JNK SPDR Bloomberg Barclays High Yield Bond ETF 6369426 88 15 74 2130 64122 GLD® SPDR Gold Shares 6116889 108205 63517 44689 2061354 948381 KRE SPDR S&P Regional Banking ETF 5525681 15862 6904 8958 222136 261607 XLY Consumer Discretionary Select Sector SPDR Fund 4136477 5132 2068 3065 72739 145920 XRT SPDR S&P Retail ETF 4036993 18654 6741 11914 119581 213968 XLB Materials Select Sector SPDR Fund 3768437 3503 1704 1800 92325 143305 XBI SPDR S&P Biotech ETF 3436396 23311 11482 11830 183425 283719 XME SPDR S&P Metals & Mining ETF 2380434 6432 2734 3699 144583 151272 DIA SPDR Dow Jones Industrial Average ETF Trust 2245880 35491 19135 16357 295691 263151 FEZ SPDR EURO STOXX 50 ETF 1851906 3331 2054 1277 173727 201160 KBE SPDR S&P Bank ETF 1707446 2281 1142 1139 28668 54538 XLRE Real Estate Select Sector SPDR Fund 1588513 60 31 29 1432 1224 XHB SPDR S&P Homebuilders ETF 1257467 2719 1196 1523 69640 63501 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 1067582 — — 1 — 37 MDY SPDR S&P MidCap 400 ETF Trust 811063 1268 681 587 40168 31935 XES SPDR S&P Oil & Gas Equipment & Services ETF 597963 171 120 51 4046 2307 CWB SPDR Bloomberg Barclays Convertible Securities ETF 588253 12 9 3 221 191 RWX SPDR Dow Jones International Real Estate ETF 490182 4 1 4 14 163 SDY SPDR S&P Dividend ETF 353808 33 19 15 569 728    Source: Bloomberg as of Bloomberg as of 10/31/2017.    STATE STREET GLOBAL ADVISORS. SPDR


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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) TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 343539 — — — — 67 GWX SPDR S&P International Small Cap ETF 292628 — — — 166 — BWX SPDR Bloomberg Barclays International Treasury Bond ETF 282568 10 7 3 174 101 SPDW SPDR Portfolio World ex- US ETF 194532 — 1 — 30 — RWO SPDR Dow Jones Global Real Estate ETF 188362 — 1 — 5 — EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF 177296 — 1 — 30 — XAR SPDR S&P Aerospace & Defense ETF 147021 44 39 5 1011 423 GNR SPDR S&P Global Natural Resources ETF 133041 4 4 1 94 236 RWR SPDR Dow Jones REIT ETF 117345 12 9 3 106 72 CWI SPDR MSCI ACWI ex-US ETF 105928 — — 1 22 166 DWX SPDR S&P International Dividend ETF 104737 1 1 1 45 36 HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 99996 1 1 — 44 32 KIE SPDR S&P Insurance ETF 97082 27 9 18 329 818 XPH SPDR S&P Pharmaceuticals ETF 87482 5 4 2 127 147 GXC SPDR S&P China ETF 64695 15 9 7 162 289 XSD SPDR S&P Semiconductor ETF 49715 3 3 1 84 28 EWX SPDR S&P Emerging Markets SmallCap ETF 45987 3 — 3 — 115 EDIV SPDR S&P Emerging Markets Dividend ETF 45423 1 1 1 103 10 KCE SPDR S&P Capital Markets ETF 17827 — — — 10 23 GMF SPDR S&P Emerging Asia Pacific ETF 14028 4 1 4 45 212    Source: Bloomberg as of Bloomberg as of 10/31/2017. State Street Global Advisors


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SPDR® ETF Options Report ssga.com | spdrs.com | spdrgoldshares.com State Street Global Advisors One Lincoln Street, Boston, MA 02111-2900. T: +1 617 786 3000. Important Risk 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. 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 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 detailed discussion of the risks of investing in GLD shares. When distributed electronically, 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. 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. For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds Distributors, LLC, One Lincoln Street, Boston, MA, 02111; 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., 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 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.    Not FDIC Insured • No Bank Guarantee • May Lose Value State Street Global Advisors © 2017 State Street Corporation. All Rights Reserved. IBG-25855 Exp. Date: 11/30/2018 SPD001471


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.