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iShares S&P Global 100 First ETF to List on NYSE

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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