(Bloomberg) -- State Street Corp., which opened the first U.S. exchange-traded fund in 1993, is starting its first currency-hedged ETF, following similar offerings from firms including WisdomTree Investments Inc.

The firm’s SPDR EURO STOXX 50 Currency Hedged ETF, which started trading Wednesday, tracks the performance of large-cap stocks in the euro region while seeking to minimize currency fluctuations, the Boston-based firm said in a statement.

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