SPDR® SSGA Multi-Asset Real Return ETF RLY

Important Risk Disclosure

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.

Foreign (non-U.S.) Securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.

Actively managed ETFs do not seek to replicate the performance of a specified index.

Because the SPDR SSGA Active Asset Allocation ETFs are actively managed, they are therefore subject to the risk that the investments selected by SSGA may cause the ETFs to underperform relative to their benchmarks or other funds with similar investment objectives.

Commodities investing entail significant risk as commodity prices can be extremely volatile due to wide range of factors.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

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.

Intellectual Property Information: 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.

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.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$28.68

as of Dec 02 2021

Base Currency

USD

Assets Under Management

$165.19 M

as of Dec 02 2021

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.

0.50%


Key Features

Key Features

  • The SPDR® SSGA Multi-Asset Real Return ETF seeks to achieve real return consisting of capital appreciation and current income. 
  • Seeks to provide exposure to inflation protected securities issued domestically and internationally, domestic and international real estate securities, commodities, and publicly traded companies in natural resources and/or commodity businesses. These companies may include agriculture, energy, and metals and mining companies.
  • Investment process relies on a proprietary quantitative model as well as the Adviser’s fundamental views regarding factors that may not be captured by the quantitative model

About the Primary Benchmark

About the Primary Benchmark

The Bloomberg U.S. Government Inflation-Linked Bond Index includes publicly issued, U.S. Treasury inflation protected securities that have at least 1 year remaining to maturity on index rebalancing date, with an issue size equal to or in excess of $500 million. Bonds must be capital-indexed and linked to an eligible inflation index. The securities must be denominated in U.S. dollars and pay coupon and principal in U.S. dollars. The notional coupon of a bond must be fixed or zero. Bonds must settle on or before the index rebalancing date.


About the Secondary Benchmark

About the Secondary Benchmark

The DBIQ Optimum Yield Diversified Commodity Index Excess Return employs a rule based approach when it rolls from one futures contract to another for each commodity in the index. DBLCI Diversified Index represents 14 commodities drawn from the Energy, Precious Metals, Industrial Metals and Agriculture sectors.


Fund Information as of Dec 03 2021

Fund Information as of Dec 03 2021
Primary Benchmark Secondary 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.

Base Currency Administrator
Bloomberg U.S. Government Inflation-Linked Bond Index DBIQ Optimum Yield Diversified Commodity Index Excess Return Apr 25 2012 No 0.50% USD State Street Global Advisors Funds Management Inc.
Primary Benchmark Bloomberg U.S. Government Inflation-Linked Bond Index
Secondary Benchmark DBIQ Optimum Yield Diversified Commodity Index Excess Return
Inception Date Apr 25 2012
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.

0.50%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager Management Team Distributor Distribution Frequency
SSGA Funds Management, Inc. Investment Solutions Group (ISG) State Street Global Advisors Funds Distributors, LLC Quarterly
Investment Manager SSGA Funds Management, Inc.
Management Team Investment Solutions Group (ISG)
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Dec 03 2021

Listing Information as of Dec 03 2021
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Apr 26 2012 USD RLY 78467V103 US78467V1035
Exchange NYSE ARCA EXCHANGE
Listing Date Apr 26 2012
Trading Currency USD
Ticker RLY
CUSIP 78467V103
ISIN US78467V1035

Fund Characteristics as of Dec 02 2021

Fund Characteristics as of Dec 02 2021
Number of Holdings
11
Number of Holdings 11

Yields as of Dec 02 2021

Yields as of Dec 02 2021
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 Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

2.09% - 2.14%
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.

2.09%
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 Distribution Yield

Fund Distribution Yield

The sum of the most recent 12 distributions within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

2.14%

Fund Market Price as of Dec 02 2021

Fund Market Price as of Dec 02 2021
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 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)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$28.70 $28.71 $28.73 $28.40 4,224 0.05% 0.20%
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 security.

$28.70
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$28.71
Day High $28.73
Day Low $28.40
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

4,224
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)

0.05%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.20%
Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)
Number of Days Summary
Calendar Year 2020 First Quarter of 2021 Second Quarter of 2021 Third Quarter of 2021
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

119 25 41 36
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

134 36 22 28
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

Calendar Year 2020 119
First Quarter of 2021 25
Second Quarter of 2021 41
Third Quarter of 2021 36
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

Calendar Year 2020 134
First Quarter of 2021 36
Second Quarter of 2021 22
Third Quarter of 2021 28
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

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 Dec 02 2021

Fund Net Cash Amount as of Dec 02 2021
Net Cash Amount
$211,957.01
Net Cash Amount $211,957.01

Fund Net Asset Value as of Dec 02 2021

Fund Net Asset Value as of Dec 02 2021
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
$28.68 5.76 M $165.19 M
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$28.68
Shares Outstanding 5.76 M
Assets Under Management $165.19 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: Apr 25 2012

as of Oct 31 2021

as of Sep 30 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 25 2012
Fund Before Tax
NAV Oct 31 2021 4.79% 4.79% 23.06% 43.00% 9.30% 7.12% - 2.22%
Market Value Oct 31 2021 4.80% 4.80% 23.10% 42.91% 9.25% 7.11% - 2.21%
Bloomberg U.S. Government Inflation-Linked Bond Index
Primary Index
Oct 31 2021 1.18% 1.18% 4.62% 7.06% 8.66% 4.79% 3.16% 2.95%
DBIQ Optimum Yield Diversified Commodity Index Excess Return
Secondary Index
Oct 31 2021 5.95% 5.95% 46.66% 69.88% 8.66% 7.71% -1.91% -2.14%
Fund After Tax
Return after Taxes on Distributions Oct 31 2021 4.79% 4.79% 22.44% 41.84% 8.21% 6.20% - 1.46%
Return after Taxes on Distributions and Sale of Fund Shares Oct 31 2021 2.83% 2.83% 13.63% 25.52% 6.73% 5.19% - 1.42%
Bloomberg U.S. Government Inflation-Linked Bond Index
Primary Index
Oct 31 2021 1.18% 1.18% 4.62% 7.06% 8.66% 4.79% 3.16% 2.95%
DBIQ Optimum Yield Diversified Commodity Index Excess Return
Secondary Index
Oct 31 2021 5.95% 5.95% 46.66% 69.88% 8.66% 7.71% -1.91% -2.14%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Apr 25 2012
Fund Before Tax
NAV Sep 30 2021 0.16% 0.55% 17.44% 34.03% 5.42% 5.64% - 1.73%
Market Value Sep 30 2021 0.07% 0.49% 17.46% 33.88% 5.40% 5.63% - 1.73%
Bloomberg U.S. Government Inflation-Linked Bond Index
Primary Index
Sep 30 2021 -0.78% 1.79% 3.39% 5.08% 7.66% 4.44% 3.23% 2.85%
DBIQ Optimum Yield Diversified Commodity Index Excess Return
Secondary Index
Sep 30 2021 5.06% 5.09% 38.43% 55.35% 4.63% 6.36% -1.77% -2.76%
Fund After Tax
Return after Taxes on Distributions Sep 30 2021 0.02% 0.41% 16.85% 32.93% 4.37% 4.73% - 0.97%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2021 0.10% 0.33% 10.32% 20.23% 3.73% 4.03% - 1.05%
Bloomberg U.S. Government Inflation-Linked Bond Index
Primary Index
Sep 30 2021 -0.78% 1.79% 3.39% 5.08% 7.66% 4.44% 3.23% 2.85%
DBIQ Optimum Yield Diversified Commodity Index Excess Return
Secondary Index
Sep 30 2021 5.06% 5.09% 38.43% 55.35% 4.63% 6.36% -1.77% -2.76%

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.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

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: 0.50%


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top Holdingsas of Dec 02 2021

Fund Top Holdings as of Dec 02 2021

Name Ticker Shares Held Market Value Weight
SPDR S&P Global Natural Resources ETF GNR 782,713 41,092,430.00 25.36%
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC 1,894,214 38,433,604.00 23.72%
SPDR S&P Global Infrastructure ETF GII 708,243 37,105,416.00 22.90%
SPDR Bloomberg 1-10 Year TIPS ETF TIPX 735,899 15,556,905.00 9.60%
SPDR Dow Jones REIT ETF RWR 73,430 8,429,030.00 5.20%
SPDR FTSE International Government Inflation-Protected Bond ETF WIP 121,499 6,560,946.00 4.05%
Energy Select Sector SPDR Fund XLE 116,414 6,470,290.00 3.99%
SPDR S&P Metals & Mining ETF XME 110,200 4,542,444.00 2.80%
SPDR Dow Jones International Real Estate ETF RWX 92,882 3,288,951.50 2.03%
VanEck Agribusiness ETF MOO 4,476 409,037.47 0.25%
Ssga Fds/Usa State St Inst Us Gov M Oef 85749270 177,804 177,803.61 0.11%
U.S. Dollar CASH_USD -56,226 -56,225.95 -0.03%
Download All Holdings: Daily

Asset Allocation

Asset Allocation
Fund Asset Allocationas of Dec 02 2021

Fund Asset Allocation as of Dec 02 2021

Sector Weight
Natural Resources 32.39%
Commodities 23.71%
Global Infrastructure 22.89%
Unassigned 9.60%
Real Estate 7.23%
Inflation Linked Bonds 4.05%
Cash 0.14%

Asset Allocation is a method of diversification which positions assets among major investment categories. Asset Allocation may be used in an effort to manage risk and enhance returns.  It does not, however, guarantee a profit or protect against loss.


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 may 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.

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.

Unless otherwise noted all information contained herein is that of the SPDR SSGA Multi-Asset Real Return ETF.

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.

Prior to 8/24/2021, the Bloomberg U.S. Government Inflation-Linked Bond Index was known as the Bloomberg Barclays U.S. Government Inflation-Linked Bond Index.

"Bloomberg®" and Bloomberg U.S. Government Inflation-Linked Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Global Advisors. Bloomberg is not affiliated with State Street Global Advisors, and Bloomberg does not approve, endorse, review, or recommend SPDR® SSGA Multi-Asset Real Return ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to SPDR® SSGA Multi-Asset Real Return ETF.