ETF investors interested in sector-based ideas for the current markets should consider some smart approaches to capture areas of opportunity to diversify their portfolios.

In the upcoming webcast, 3 Tactical Strategies for Sector-Based Investing, Matthew Bartolini, Head of SPDR Americas Research, State Street Global Advisors; Robert Forsyth III, Head of SPDR Americas Client Enablement Group, State Street Global Advisors; and Colin Ireland, Head of SPDR Americas Institutional & Home Office Strategy, State Street Global Advisors, will explore three tactical strategies to help financial advisors construct sector-based ideas for the current market environment.

For example, the SPDR S&P Kensho Clean Power ETF (NYSEArca: CNRG) has been one of State Street Global Advisor’s best performing sector-specific ETF plays of the year.

The SPDR S&P Kensho Clean Power tries to reflect the performance of the S&P Kensho Clean Power Index, which incorporates artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the clean energy sector, including areas of solar, wind, geothermal and hydroelectric power. CNRG would help investors pursue long-term growth potential by providing exposure to companies involved in the transition to lower emission generating power supply.

Additionally, the SPDR S&P Software & Services ETF (NYSEArca: XSW) has been another top performing sector-specific play at State Street Global Advisors.

The SPDR S&P Software & Services ETF tries to reflect the performance of the S&P Software & Services Select Industry Index, which covers the software and services segment of the S&P TMI. The broader S&P TMI is composed of Application Software, Data Processing & Outsourced Services, Home Entertainment Software, IT Consulting & Other Services, and Systems Software. XSW can allow investors take strategic or tactical positions at a more targeted level than traditional sector based investing.

Financial advisors who are interested in learning more about strategies for the current environment can register for the Tuesday, August 6 webcast here.