Investors are using low-cost core ETFs to build efficient portfolios that are designed to achieve a variety of investment objectives across the risk spectrum.
Get More for Less
Core ETFs for as little as 3 basis points
Spanning US and international equity and fixed income, SPDR® Portfolio ETFs™ have an average expense ratio of just 6 basis points, 93% lower than the average US-listed mutual fund.2 So, whether you seek to generate income, manage risk or grow capital, our 22 low-cost building blocks make it easy to construct a diversified core — for less.
As the creator of the world’s first ETFs,5 we believe in their power to provide investors low-cost, tax-efficient, transparent tools for asset allocation, one of the leading drivers of portfolio returns.6 This belief drives our approach to low-cost core investing. Designed to deliver what matters to investors, SPDR Portfolio ETFs offer:
SPDR Portfolio ETFs are diversified and tax-efficient equity and fixed income funds, available from as little as 3 basis points, with an average cost of 6 basis points.
We collaborate with capital markets participants and a diverse set of investors to pursue robust liquidity and tight trading spreads in all market environments.
We thoughtfully set the share price for each fund as part of our effort to minimize total cost of ownership and make it easy for investors to build comprehensive portfolios.
Our low-cost core ETFs give investors exposure to indices managed by S&P, Bloomberg Barclays and other well-known index providers. Building our suite around these index families reduces the chance that investors will have overlapping exposures in their portfolios.
Backed by an ETF and Indexing Leader
Our continued innovation in ETFs is driven by our commitment to delivering low-cost, efficient solutions for investors and our more than 40 years of indexing experience.
creator of the world’s first ETFs 5
in assets globally across State Street SPDR ETFs 7
SPDR ETFs globally across all major asset classes 7
1 Bloomberg Finance, L.P., as of June 29, 2021. 2 State Street Global Advisors per Morningstar, as of 03/24/2021. Lowest cost in the industry is per Morningstar, as of 03/24/2021. Based on US-listed ETFs in the Small Blend, Mid-Cap Blend and Large Cap Blend Morningstar categories, respectively. 3 Morningstar Direct. Data as of 03/03/2021. Average Prospectus Gross Expense ratio for index ETFs and open-end index mutual funds oldest share class as defined by Morningstar. 4 Morningstar, May 31, 2021. 5 ETFs managed by State Street Global Advisors have the oldest inception dates within the US, Hong Kong, Australia, and Singapore. State Street Global Advisors launched the first ETF in the US on January 22, 1993; launched the first ETF in Hong Kong on November 11, 1999; launched the first ETF in Australia on August 24, 2001; and launched the first ETF in Singapore on April 11, 2002. 6 Gary P. Brinson, L. Randolph Hood, Gilbert L. Beebower, "Determinants of Portfolio Performance", Financial Analyst Journal Vol.42 Issue 4 1986. 7 State Street Global Advisors, as of March 31, 2021.
Important Risk Information
This communication is not intended to be an investment recommendation or investment advice and should not be relied upon as such.
Investing involves risk including the risk of loss of principal.
All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such. Risk associated with equity investing includes stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.
There can be no assurance that a liquid market will be maintained for ETF shares.
Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.
Diversification does not ensure a profit or guarantee against loss.
Investments in small-sized companies may involve greater risks than in those of larger, better known companies. Returns on investments in stocks of small companies could trail the returns on investments in stocks of larger companies.
Foreign investments involve greater risks than US investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.
Bond funds contain interest rate risk (as interest rates rise bond prices usually fall). There are additional risks for funds that invest in mortgage-backed and asset-backed securities including the risk of issuer default; credit risk and inflation risk.
Returns on investments in stocks of large US companies could trail the returns on investments in stocks of smaller and mid-sized companies.
The values of debt securities may decrease as a result of many factors, including, by way of example, general market fluctuations; increases in interest rates; actual or perceived inability or unwillingness of issuers, guarantors or liquidity providers to make scheduled principal or interest payments; illiquidity in debt securities markets; and prepayments of principal, which often must be reinvested in obligations paying interest at lower rates.
Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.
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