By
Index Funds Staff
Trading
commenced today on the iShares S&P Global 100 exchange-traded
fund (ETF). The Global 100 (ticker symbol: IOO) is the
first ETF to be listed on the New York Stock Exchange (NYSE).
The new
exchange-traded fund (ETF) tracks
the S&P Global 100 Index, which focuses on companies whose
performance is tied more to the global economy than specific regional
economies. The fund is the second global ETF now available to
investors.
Comparison
of the two global ETFs available on U.S. markets
| Fund
Name |
Ticker
|
Exp. |
#
Stocks |
Exchange |
Manager |
Date
of Inc. |
| |
|
|
|
|
|
|
| iShares
S&P Global 100 |
IOO |
0.40%
|
100
|
NYSE |
Barclays
Global Investors |
12/8/2000 |
| StreetTracks
DJ Global Titans |
DGT |
0.50%
|
50
|
AMEX |
State
Street Global Advisors |
9/28/2000 |
The S&P
Global 100 (not to be confused with the iShares
S&P 100 that began trading on the Chicago Board Options
Exchange in late October 2000) is the 96th ETF to trade on United
States markets. Ninety-four of those ETFs trade on the American
Stock Exchange (AMEX), and
63 of them have been launched in the year 2000. Assets under management
in ETFs have more than tripled to $50 billion in the last three
years.
"With
76 of the S&P Global 100 companies listed on the NYSE and
representing a combined global market capitalization exceeding
$7 trillion, it is only natural the iShares S&P Global 100
ETF trade on the NYSE," said NYSE Chairman and CEO Richard
Grasso.
Volume
on the first day of trading was light, with only 1,600 shares
changing hands (compared to 3,300 for the StreetTracks Dow Jones
Global Titans and a whopping 65.8 million shares for the Nasdaq
100 Cubes (QQQ), and 10.3 million for the SPDR S&P 500 fund
(SPY)).
Component
Stocks of the S&P Global 100 and Dow Jones Global Titans
| S&P
Global 100 |
Dow
Global Titans |
| Company |
Country |
Company |
Country |
(as
of 9/29/2000) |
| ABB
Ltd. |
SWITZ. |
Honda
Motor Corp. |
JAPAN |
General Electric
Co. |
| Alcan
Aluminum Ltd. |
CANADA |
HSBC
Hldg. |
UK |
Cisco Systems
Inc. |
| Alcatel
Alsthom |
FRANCE |
Intel
Corp. |
USA |
Exxon Mobil Corp. |
| Allianz
AG Hldg. |
GERMANY |
International
Bus. Machines |
USA |
Intel Corp. |
| America
Online |
USA |
Ito-Yokado
Co. |
JAPAN |
Microsoft Corp. |
| American
Int'l. Group |
USA |
Johnson
& Johnson |
USA |
Citigroup Inc. |
| AstraZeneca |
UK |
Kimberly-Clark |
USA |
Vodafone Group
PLC ADR |
| AT&T
Corp. |
USA |
Koninklijke
Philips Electronics |
NETH. |
International
Business Machines Corp. |
| Aventis |
FRANCE |
L'Oreal |
FRANCE |
BP Amoco PLC
ADR |
| AXA-UAP |
FRANCE |
Lucent
Technologies |
USA |
Nokia ADR |
| Banco
Bilbao Vizcaya |
SPAIN |
Marconi
Plc. |
UK |
American International
Group Inc. |
| Bank
of Tokyo-Mitsubishi |
JAPAN |
Matsushita
Electric Ind. |
JAPAN |
SBC Communications
Inc. |
| Barclays |
UK |
McDonald's
Corp. |
USA |
Merck & Co. Inc. |
| BASF |
GERMANY |
Merck
& Co. |
USA |
Toyota Motor
Corp. ADR |
| Bayer |
GERMANY |
Microsoft
Corp. |
USA |
Wal-Mart Stores
Inc. |
| BP
Amoco |
UK |
Minn.
Mining & Mfg. |
USA |
Verizon Communications |
| Bridgestone
Corp. |
JAPAN |
Morgan
Stanley, Dean Witter |
USA |
HSBC Holdings
PLC ADR |
| Bristol-Myers
Squibb |
USA |
NEC
Corp. |
JAPAN |
Johnson & Johnson |
| British
Telecom |
UK |
Nestle |
SWITZ. |
Royal Dutch Petroleum
Co. ADR |
| Broken
Hill Pty. |
AUSTRALIA |
News
Corporation |
AUSTRALIA |
Coca-Cola Co. |
| Canon
Inc. |
JAPAN |
Nokia
'A' |
FINLAND |
Novartis ADR |
| Carrefour |
FRANCE |
Nortel
Networks Corp. |
CANADA |
AT&T Corp. |
| Chase
Manhattan |
USA |
Novartis |
SWITZ. |
TotalFina Elf
ADR |
| Chevron
Corp. |
USA |
PepsiCo
Inc. |
USA |
Lucent Technologies
Inc. |
| Citigroup
Inc. |
USA |
Pfizer,
Inc. |
USA |
Morgan Stanley
Dean Witter & Co. |
| Coca
Cola Co. |
USA |
Philip
Morris |
USA |
Hewlett-Packard
Co. |
| Colgate-Palmolive |
USA |
Procter
& Gamble |
USA |
Bank of America
Corp. |
| COMPAQ
Computer |
USA |
Repsol |
SPAIN |
Nestle S.A. |
| Daimler
Chrysler |
GERMANY |
Reuters
Group |
UK |
Worldcom Inc. |
| Dell
Computer |
USA |
Royal
Dutch (Br.) |
NETH. |
Procter & Gamble
Co. |
| Deutsche
Bank |
GERMANY |
Samsung
Electronics |
KOREA |
Sony Corp. ADR |
| Deutsche
Telekom |
GERMANY |
Seagram
Co. Ltd.* |
CANADA |
Walt Disney Co. |
| Diageo |
UK |
Siemens |
GERMANY |
BellSouth Corp. |
| Dow
Chemical |
USA |
SmithKline
Beecham |
UK |
Siemens AG |
| Du
Pont (E.I.) |
USA |
Sony
Corp. |
JAPAN |
British Telecommunications
PLC ADR |
| EMC
Corp. |
USA |
Swiss
Reinsurance |
SWITZ. |
Philip Morris
Cos. |
| Ericsson
'B' |
SWEDEN |
Telefonica
de Espana |
SPAIN |
Roche Holding
AG |
| Exxon
Mobil Corp. |
USA |
Telmex-L |
MEXICO |
Chase Manhattan
Corp. |
| Fiat |
ITALY |
Texas
Instruments |
USA |
UBS ORD |
| Ford
Motor |
USA |
Time
Warner Inc. |
USA |
ING Groep ADR |
| Fortis
'B' |
BELGIUM |
Toshiba
Corp. |
JAPAN |
Bank of Tokyo-Mitsubishi
Ltd. ADR |
| France
Telecom |
FRANCE |
Total
Fina Elf SA |
FRANCE |
Lloyds/TSB Group
PLC |
| Fuji
Photo Film Co. |
JAPAN |
Toyota
Motor Corp. |
JAPAN |
Credit Suisse
Group |
| General
Electric |
USA |
UBS
AG |
SWITZ. |
Ford Motor Co. |
| General
Motors |
USA |
Unilever |
NETH. |
Allianz AG Holding |
| Generali
(Assicurazioni) |
ITALY |
United
Technologies |
USA |
Deutsche Telekom
ADR |
| Gillette
Co. |
USA |
Vodafone
Group PLC |
UK |
France Telecom
ADR |
| Glaxo
Wellcome |
UK |
Volkswagen
AG |
GERMANY |
AXA ADS |
| Hewlett-Packard |
USA |
Wal-Mart
Stores |
USA |
DaimlerChrysler
AG ORD |
| Hitachi |
JAPAN |
WorldCom
Inc. |
USA |
General Motors
Corp. |
Courtesy
of Standard & Poor's Index Services and Dow Jones Indexes
*As of December 7, 2000 - Replaced by Vivendi at close of trading
on 12/8/2000
12/08/2000
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