
State Street has become the first firm to offer distinct ETFs tracking the three major U.S. benchmarks: the S&P 500, Dow Jones Industrial Average, and Nasdaq-100. Their lineup includes SPY, a highly liquid ETF with a 9 basis point fee ideal for active traders, and SPYM, a low-cost 2 basis point fee ETF better suited for long-term investors. They also offer DIA, which tracks 30 blue-chip stocks with a price-weighted method, and the newly launched QNDX, a low-cost Nasdaq-100 ETF focused on tech and consumer sectors. This variety allows investors to optimize portfolios based on liquidity, cost, and investment goals.