A further exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra since Tuesday. The SPDR S&P 400 US Mid Cap ETF enables investors to participate in the performance of the S&P MidCap 400 Index for the first time.

The index comprises 400 medium-sized US companies weighted by market capitalisation and represents seven per cent of the US market.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 921 exchange-listed index funds, while the average monthly trading volume stands at EUR16 billion.