S&P Dow Jones Indices announced a delay to the quarterly rebalance of their equity indices, originally scheduled prior to market open on March 23, 2020, due to current market conditions. For SPDR ETFs tracking these benchmarks, the fund rebalance will now occur prior to market open on June 22, 2020. For more information, visit the S&P Dow Jones Resource Center. There will be no changes to the ETFs’ distribution dates. View the calendar here.


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

Important Risk Disclosure

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

as of Apr 08 2020

Base Currency

USD

Assets Under Management

$450.57 M

as of Apr 08 2020

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%


Key Features

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

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

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

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

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

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

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

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

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

    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

    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
    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

    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

    Subject to change.

    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

    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%

    Purchase Information

    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.