WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001064641
<NAME> SELECT SECTOR SPDR TRUST
<SERIES>
<NUMBER> 009
<NAME> UTILITIES SELECT SECTOR SPDR
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 73,511,348
<RECEIVABLES> 7,305,844
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 17,234
<TOTAL-ASSETS> 80,834,426
<PAYABLE-FOR-SECURITIES> 7,214,869
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 789,221
<TOTAL-LIABILITIES> 8,004,090
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 85,823,738
<SHARES-COMMON-STOCK> 2,750,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 9,967
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6,476,295)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (6,627,074)
<NET-ASSETS> 72,830,336
<DIVIDEND-INCOME> 1,554,694
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 229,157
<NET-INVESTMENT-INCOME> 1,325,537
<REALIZED-GAINS-CURRENT> (6,506,912)
<APPREC-INCREASE-CURRENT> (4,484,945)
<NET-CHANGE-FROM-OPS> (9,666,320)
<EQUALIZATION> (131,236)
<DISTRIBUTIONS-OF-INCOME> (1,651,290)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,200,000
<NUMBER-OF-SHARES-REDEEMED> (2,200,000)
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 66,004,776
<PER-SHARE-NAV-BEGIN> 29.52
<PER-SHARE-NII> 0.47
<PER-SHARE-GAIN-APPREC> (2.90)
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> (0.56)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 26.48
<EXPENSE-RATIO> .49
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
