SPDRs, Standard & Poor’s Depository Receipts, hold a portfolio of the equity securities that comprise the Standard & Poor’s 500 Composite Stock Price Index. SPDRs seek investment results that, before expenses, generally correspond to the price and yield performance of the Standard & Poor’s 500 Composite Stock Price Index. Vanguard Large-

Cap Index Participation Equity Receipts (VIPERs) seek to track the performance of a benchmark index that measures the investment return of large-capitalization stocks.

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