Description to the S&P Global Telecommunications Sector Index Fund, traded under ticker symbol IXP: This ETF is a fund, created in November 2001, that corresponds to the price and yield performance, before fees and expenses, of companies that S&P considers to be part of the telecom sector and influential to global markets, as represented by the S&P Global Telecommunications Sector Index. The underlying index is a subset of the S&P Global 1200 Index and gauges the performance of companies classified as telecom, diversified communications, and wireless.