XBI Stock, SPDR Series Trust S&P Biotech Information
Stock Information
| Company Name: | SPDR Series Trust S&P Biotech |
| Stock Symbol: | XBI |
| Market: | NYSE |
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About SPDR Series Trust S&P Biotech
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Biotechnology Select Industry Index derived from the biotechnology segment of a U. In seeking to track the performance of the S&P Biotechnology Select Industry Index (the index), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the biotechnology segment of the S&P Total Market Index (S&P TMI).