‡ Subject to Change

Index returns do not represent actual ETF performance and are for illustration purposes only. Index performance does not reflect charges and expenses associated with the fund or brokerage commissions associated with buying and selling exchange traded funds. It is not possible to invest directly in an index.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

After tax returns presented above may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.        

 Average annual total return and total return are historical and include change in share value and reinvestment of dividends and capital gains, if any.

Funds investing in a single sector may be subject to more volatility than funds investing in a diverse group of sectors.

Except where indicated, all information is as of date noted and source of data is SSgA research.

In general, ETFs can be expected to move