SPYX: SPDR® S&P® 500 Fossil Fuel Reserves Free ETF

NAV

$67.75

as of Apr 08 2020

Base Currency

USD

Assets Under Management

$450.57 M

as of Apr 08 2020

Gross Expense Ratio

0.25%

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Key Features

The SPDR^® S&P^® 500 Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P^® 500 Fossil Fuel Free Index (the "Index")
Seeks to allow climate change-conscious investors to align the core of their investment strategy with their values by eliminating companies that own fossil fuel reserves from the S&P 500^®
Serves as a potential replacement for current S&P 500 exposure for investors interested in eliminating fossil fuel reserves from their portfolio
Like the S&P 500 Index, the benchmark for this ETF also focuses on US large cap equities

About this Benchmark

The S&P^® 500 Fossil Fuel Free Index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves. For purposes of the composition of the Index, fossil fuel reserves are defined as economically and technically recoverable sources of crude oil, natural gas and thermal coal but do not include metallurgical or coking coal, which are used in connection with steel production. The Index is a subset of the S&P 500 Index (the "Underlying Index"), which serves as the initial universe of eligible securities for the Index. The Underlying Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs").

Fund Information as of Apr 08 2020

Benchmark	Inception Date	Options Available	Gross Expense Ratio Gross Expense Ratio The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.	Net Expense Ratio ^ SSGA Funds Management, Inc. ("SSGA FM" or "Adviser") has contractually agreed to waive its management fee and/or reimburse certain expenses, until October 31, 2020, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are limited to 0.20% of the Fund's average daily net assets. The contractual fee waiver and/or reimbursement does not provide for the recoupment by the Adviser of any fees the Adviser previously waived. The Adviser maycontinue the waiver and/or reimbursement from year to year, but there is no guarantee that the Adviser will do so and the waiver and/or reimbursement may be cancelled or modified at any time after October 31, 2020. This waiver and/or reimbursement may not be terminated prior to October 31, 2020 except with the approval of the Fund's Board of Trustees.	Base Currency	Investment Manager
S&P 500 Fossil Fuel Free Index	Nov 30 2015	No	0.25%	0.20%	USD	SSGA Funds Management, Inc.

Benchmark	S&P 500 Fossil Fuel Free Index
Inception Date	Nov 30 2015
Options Available	No
Gross Expense Ratio Gross Expense Ratio The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.	0.25%
Net Expense Ratio ^ SSGA Funds Management, Inc. ("SSGA FM" or "Adviser") has contractually agreed to waive its management fee and/or reimburse certain expenses, until October 31, 2020, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are limited to 0.20% of the Fund's average daily net assets. The contractual fee waiver and/or reimbursement does not provide for the recoupment by the Adviser of any fees the Adviser previously waived. The Adviser maycontinue the waiver and/or reimbursement from year to year, but there is no guarantee that the Adviser will do so and the waiver and/or reimbursement may be cancelled or modified at any time after October 31, 2020. This waiver and/or reimbursement may not be terminated prior to October 31, 2020 except with the approval of the Fund's Board of Trustees.	0.20%
Base Currency	USD
Investment Manager	SSGA Funds Management, Inc.

Management Team	Distributor	Distribution Frequency
Global Equity Beta Solutions	State Street Global Advisors Funds Distributors, LLC	Quarterly

Management Team	Global Equity Beta Solutions
Distributor	State Street Global Advisors Funds Distributors, LLC
Distribution Frequency	Quarterly

Listing Information as of Apr 08 2020

Exchange	Listing Date	Trading Currency	Ticker	CUSIP	ISIN
NYSE ARCA EXCHANGE	Dec 01 2015	USD	SPYX	78468R796	US78468R7961

Exchange	NYSE ARCA EXCHANGE
Listing Date	Dec 01 2015
Trading Currency	USD
Ticker	SPYX
CUSIP	78468R796
ISIN	US78468R7961

Fund Characteristics as of Apr 08 2020

Est. 3-5 Year EPS Growth Estimated 3-5 Year EPS Growth Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.	Number of Holdings	Price/Book Ratio Price/Book Ratio The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.	Price/Earnings Ratio FY1 Price/Earnings Ratio FY1 The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.	Weighted Average Market Cap
9.92%	484	2.96	18.19	$301,225.00 M

Est. 3-5 Year EPS Growth Estimated 3-5 Year EPS Growth Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.	9.92%
Number of Holdings	484
Price/Book Ratio Price/Book Ratio The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.	2.96
Price/Earnings Ratio FY1 Price/Earnings Ratio FY1 The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.	18.19
Weighted Average Market Cap	$301,225.00 M

Index Characteristics as of Apr 08 2020

Est. 3-5 Year EPS Growth	Number of Holdings	Price/Cash Flow	Price/Earnings	Price/Earnings Ratio FY1
9.93%	481	11.83	18.32	18.22

Est. 3-5 Year EPS Growth	9.93%
Number of Holdings	481
Price/Cash Flow	11.83
Price/Earnings	18.32
Price/Earnings Ratio FY1	18.22

Index Statistics as of Apr 08 2020

	Average Size		Size Range
Weighted Average Market Cap	Mean	Median	Largest	Smallest
$301,316.38 M	$50,639.15 M	$19,554.06 M	$1,256,804.50 M	$1,937.80 M

Weighted Average Market Cap	$301,316.38 M
Average Size
Mean	$50,639.15 M
Median	$19,554.06 M
Size Range
Largest	$1,256,804.50 M
Smallest	$1,937.80 M

Yields as of Apr 08 2020

30 Day SEC Yield 30 Day SEC Yield (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.	30 Day SEC Yield (Unsubsidized) 30 Day SEC Yield (Unsubsidized) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.	Fund Dividend Yield Fund Dividend Yield The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.	Index Dividend Yield Index Dividend Yield The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.
1.88%	1.84%	1.91%	2.13%

30 Day SEC Yield 30 Day SEC Yield (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.	1.88%
30 Day SEC Yield (Unsubsidized) 30 Day SEC Yield (Unsubsidized) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.	1.84%
Fund Dividend Yield Fund Dividend Yield The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.	1.91%
Index Dividend Yield Index Dividend Yield The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.	2.13%

Fund Market Price as of Apr 08 2020

Bid/Ask Bid/Ask Mid Point (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.	Closing Price Closing Price Market Price of last reported trade on the exchange.	Day High	Day Low	Exchange Volume (Shares) Exchange Volume (shares) Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.	Premium/Discount Premium/Discount to NAV Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)
$67.80	$67.86	$67.89	$66.08	13,707	0.07%

Bid/Ask Bid/Ask Mid Point (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.	$67.80
Closing Price Closing Price Market Price of last reported trade on the exchange.	$67.86
Day High	$67.89
Day Low	$66.08
Exchange Volume (Shares) Exchange Volume (shares) Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.	13,707
Premium/Discount Premium/Discount to NAV Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)	0.07%

Premium Discount to Nav

Quarter

x axis: # of days

y axis: # Premium/Discount percentage

Fund Data

The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Fund Net Cash Amount as of Apr 08 2020

Net Cash Amount
$422,774.63

Net Cash Amount

$422,774.63

Fund Net Asset Value as of Apr 08 2020

NAV NAV The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.	Shares Outstanding	Assets Under Management
$67.75	6.65 M	$450.57 M

NAV NAV The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.	$67.75
Shares Outstanding	6.65 M
Assets Under Management	$450.57 M

Most Recent NAV / NAV History

Fund Performance
View as

Fund Performance

Fund Inception Date: Nov 30 2015

Performance

Month End Quarter End

	As Of	1 Month	QTD	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception Nov 30 2015
Fund Before Tax
NAV	Mar 31 2020	-11.87%	-18.79%	-18.79%	-5.48%	5.72%	-	-	7.73%
Market Value	Mar 31 2020	-11.86%	-18.68%	-18.68%	-5.26%	5.69%	-	-	7.75%
S&P 500 Fossil Fuel Free Index	Mar 31 2020	-11.81%	-18.72%	-18.72%	-5.24%	5.96%	-	-	7.98%
Fund After Tax
Return after Taxes on Distributions	Mar 31 2020	-12.06%	-18.96%	-18.96%	-5.97%	5.23%	-	-	7.23%
Return after Taxes on Distributions and Sale of Fund Shares	Mar 31 2020	-7.03%	-11.12%	-11.12%	-2.98%	4.38%	-	-	5.99%
S&P 500 Fossil Fuel Free Index	Mar 31 2020	-11.81%	-18.72%	-18.72%	-5.24%	5.96%	-	-	7.98%

	As Of	1 Month	QTD	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception Nov 30 2015
Fund Before Tax
NAV	Mar 31 2020	-11.87%	-18.79%	-18.79%	-5.48%	5.72%	-	-	7.73%
Market Value	Mar 31 2020	-11.86%	-18.68%	-18.68%	-5.26%	5.69%	-	-	7.75%
S&P 500 Fossil Fuel Free Index	Mar 31 2020	-11.81%	-18.72%	-18.72%	-5.24%	5.96%	-	-	7.98%
Fund After Tax
Return after Taxes on Distributions	Mar 31 2020	-12.06%	-18.96%	-18.96%	-5.97%	5.23%	-	-	7.23%
Return after Taxes on Distributions and Sale of Fund Shares	Mar 31 2020	-7.03%	-11.12%	-11.12%	-2.98%	4.38%	-	-	5.99%
S&P 500 Fossil Fuel Free Index	Mar 31 2020	-11.81%	-18.72%	-18.72%	-5.24%	5.96%	-	-	7.98%

as of Mar 31 2020

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.25%

Net Expense Ratio: 0.20%

Top Holdings
Subject to change.

Top Holdings

Fund Top Holdingsas of Apr 08 2020

Index Top Holdingsas of Apr 08 2020

Fund Top Holdings as of Apr 08 2020

Name	Shares Held	Weight
Microsoft Corporation	156,312	5.68%
Apple Inc.	85,585	5.01%
Amazon.com Inc.	8,537	3.84%
Facebook Inc. Class A	49,269	1.89%
Johnson & Johnson	53,880	1.70%
Berkshire Hathaway Inc. Class B	40,045	1.68%
Alphabet Inc. Class C	6,120	1.63%
Alphabet Inc. Class A	6,135	1.63%
Visa Inc. Class A	35,041	1.35%
JPMorgan Chase & Co.	64,203	1.33%

Download All Holdings: Daily

Index Top Holdings as of Apr 08 2020

Name	Weight
Microsoft Corporation	5.69%
Apple Inc.	5.02%
Amazon.com Inc.	3.84%
Facebook Inc. Class A	1.89%
Johnson & Johnson	1.70%
Berkshire Hathaway Inc. Class B	1.69%
Alphabet Inc. Class C	1.63%
Alphabet Inc. Class A	1.63%
Visa Inc. Class A	1.35%
JPMorgan Chase & Co.	1.34%

Sector Allocation

Fund Sector Breakdownas of Apr 08 2020

Index Sector Breakdownas of Apr 08 2020

Fund Sector Breakdown as of Apr 08 2020

Sector	Weight
Information Technology	25.81%
Health Care	15.78%
Financials	11.26%
Communication Services	10.86%
Consumer Discretionary	10.10%
Industrials	8.30%
Consumer Staples	7.97%
Utilities	3.52%
Real Estate	3.17%
Materials	2.58%
Energy	0.67%

Index Sector Breakdown as of Apr 08 2020

Sector	Weight
Information Technology	25.80%
Health Care	15.80%
Financials	11.25%
Communication Services	10.86%
Consumer Discretionary	10.09%
Industrials	8.29%
Consumer Staples	7.97%
Utilities	3.51%
Real Estate	3.17%
Materials	2.58%
Energy	0.67%

Fund Documents

NPORT-Part F

Annual Report

Prospectus

ETF Historical Distributions

Tax Documents

SPDR ICI Tax Summary (Secondary)

SPDR ICI Tax Summary (Primary)

SPDR-Series-Trust-Equity & Fixed-Income-2019-NRA-Layout

Information & Schedules

Notice to APs- Changes to the US SPDR Website 12.11.19

SPDR® ETF Listing

SPDR Dividend Distribution Schedule

SPDR ETFs 2019 Estimated Capital Gains

Insights & Investment Ideas

Education

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.

Fund Footnotes

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless otherwise noted all information contained herein is that of the SPDR^® S&P^® 500 Fossil Fuel Reserves Free ETF.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

SPDR® S&P® 500 Fossil Fuel Reserves Free ETF SPYX

Important Risk Disclosure