State Street Consumer Discretionary Select Sector SPDR ETF(Dist)

XLY expense ratio is 0.08%, which is the annual cost of holding the fund relative to its assets. A lower ratio means more of your return stays with you. Another figure you will often see is the fund's assets under management (AUM), which simply reflects its total size and how much money investors have placed in it.

It depends on the type of ETF. Distributing ETFs pass the dividends from their underlying holdings on to you in cash, usually a few times a year, while accumulating ETFs reinvest those dividends inside the fund so your position grows automatically. As an investor in the Gulf, any cash distributions land in your brokerage account in the fund's currency, and many platforms let you reinvest them with a single tap.

Investors in the Gulf can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.

Many investors in the Gulf buy international ETFs like XLY for access to global growth and diversification the local market can't offer. Because Gulf currencies are pegged to the US dollar, holding USD-priced ETFs adds little currency risk — so the goal isn't a hedge against a falling currency but broad exposure to global companies and sectors beyond a concentrated home market, which helps grow and preserve purchasing power over time.

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.