SPDR Dow Jones Global Real Estate ETF |
SPDR Dow Jones International Real Estate ETF |
SPDR Portfolio Developed World ex-US ETF |
SPDR Portfolio Emerging Markets ETF |
SPDR Portfolio Europe ETF |
SPDR Portfolio MSCI Global Stock Market ETF |
SPDR S&P China ETF |
SPDR S&P Global Natural Resources ETF |
SPDR S&P International Small Cap ETF |
SPDR S&P North American Natural Resources ETF |
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Management’s Discussion of Fund Performance, Performance Summaries & Portfolio Statistics (Unaudited) | |
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Schedules of Investments | |
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Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
Dow Jones Global Select Real Estate Securities Index | Net
Asset Value |
Market
Value |
Dow Jones Global Select Real Estate Securities Index | ||
ONE YEAR | (21.53)% | (21.56)% | (21.89)% | (21.53)% | (21.56)% | (21.89)% | |
FIVE YEARS | (3.06)% | (3.27)% | (4.67)% | (0.62)% | (0.66)% | (0.95)% | |
TEN YEARS | 35.51% | 35.53% | 31.89% | 3.09% | 3.09% | 2.81% |
Description | % of Net Assets | ||
Prologis, Inc. REIT | 6.2% | ||
Equinix, Inc. REIT | 4.3 | ||
Public Storage REIT | 3.8 | ||
Realty Income Corp. REIT | 2.9 | ||
Welltower, Inc. REIT | 2.4 | ||
Simon Property Group, Inc. REIT | 2.4 | ||
Digital Realty Trust, Inc. REIT | 2.3 | ||
AvalonBay Communities, Inc. REIT | 2.1 | ||
Extra Space Storage, Inc. REIT | 1.9 | ||
Equity Residential REIT | 1.9 | ||
TOTAL | 30.2% |
% of Net Assets | |||
Equity Real Estate Investment Trusts (REITs) | 91.5% | ||
Real Estate Management & Development | 7.7 | ||
Diversified Financial Services | 0.0* | ||
Short-Term Investments | 0.3 | ||
Other Assets in Excess of Liabilities | 0.5 | ||
TOTAL | 100.0% |
* | Amount shown represents less than 0.05% of net assets. |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
Dow Jones Global ex-U.S. Select Real Estate Securities Index | Net
Asset Value |
Market
Value |
Dow Jones Global ex-U.S. Select Real Estate Securities Index | ||
ONE YEAR | (28.54)% | (28.15)% | (28.95)% | (28.54)% | (28.15)% | (28.95)% | |
FIVE YEARS | (19.17)% | (19.24)% | (18.79)% | (4.17)% | (4.18)% | (4.08)% | |
TEN YEARS | 1.53% | 1.70% | 3.65% | 0.15% | 0.17% | 0.36% |
Description | % of Net Assets | ||
Mitsui Fudosan Co., Ltd. | 4.9% | ||
Link REIT REIT | 4.0 | ||
Segro PLC REIT | 2.8 | ||
Scentre Group REIT | 2.3 | ||
Nippon Building Fund, Inc. REIT | 2.0 | ||
Wharf Real Estate Investment Co., Ltd. | 1.9 | ||
CapitaLand Integrated Commercial Trust REIT | 1.8 | ||
CapLand Ascendas REIT REIT | 1.7 | ||
Swiss Prime Site AG | 1.7 | ||
Capitaland Investment, Ltd. | 1.6 | ||
TOTAL | 24.7% |
% of Net Assets | |||
Equity Real Estate Investment Trusts (REITs) | 74.3% | ||
Real Estate Management & Development | 24.9 | ||
Diversified Financial Services | 0.0* | ||
Short-Term Investments | 1.7 | ||
Liabilities in Excess of Other Assets | (0.9) | ||
TOTAL | 100.0% |
* | Amount shown represents less than 0.05% of net assets. |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Developed ex-U.S. BMI Index | Net
Asset Value |
Market
Value |
S&P Developed ex-U.S. BMI Index | ||
ONE YEAR | (26.07)% | (26.11)% | (26.44)% | (26.07)% | (26.11)% | (26.44)% | |
FIVE YEARS | (2.60)% | (3.40)% | (3.66)% | (0.53)% | (0.69)% | (0.74)% | |
TEN YEARS | 42.81% | 42.45% | 43.47% | 3.63% | 3.60% | 3.68% |
Description | % of Net Assets | ||
Nestle SA | 1.6% | ||
Roche Holding AG | 1.3 | ||
Shell PLC | 1.1 | ||
Samsung Electronics Co., Ltd. GDR | 1.1 | ||
ASML Holding NV | 1.0 | ||
Novartis AG | 1.0 | ||
AstraZeneca PLC | 1.0 | ||
Novo Nordisk A/S Class B | 0.9 | ||
Toyota Motor Corp. | 0.9 | ||
LVMH Moet Hennessy Louis Vuitton SE | 0.9 | ||
TOTAL | 10.8% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Emerging BMI Index | Net
Asset Value |
Market
Value |
S&P Emerging BMI Index | ||
ONE YEAR | (24.51)% | (24.35)% | (24.96)% | (24.51)% | (24.35)% | (24.96)% | |
FIVE YEARS | (2.05)% | (3.16)% | (3.05)% | (0.41)% | (0.64)% | (0.62)% | |
TEN YEARS | 21.70% | 21.71% | 22.56% | 1.98% | 1.98% | 2.06% |
Description | % of Net Assets | ||
Taiwan Semiconductor Manufacturing Co., Ltd. | 3.7% | ||
Tencent Holdings, Ltd. | 3.1 | ||
Alibaba Group Holding, Ltd. ADR | 2.3 | ||
Reliance Industries, Ltd. GDR | 1.5 | ||
Meituan Class B | 1.3 | ||
Infosys, Ltd. ADR | 1.0 | ||
ICICI Bank, Ltd. ADR | 0.9 | ||
China Construction Bank Corp. Class H | 0.8 | ||
Housing Development Finance Corp., Ltd. | 0.8 | ||
HDFC Bank, Ltd. | 0.8 | ||
TOTAL | 16.2% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value(1) |
Market
Value(1) |
STOXX Europe Total Market Index(2) | Net
Asset Value(1) |
Market
Value(1) |
STOXX Europe Total Market Index(2) | ||
ONE YEAR | (26.62)% | (27.03)% | (26.88)% | (26.62)% | (27.03)% | (26.88)% | |
FIVE YEARS | (4.26)% | (5.50)% | (5.02)% | (0.87)% | (1.13)% | (1.02)% | |
TEN YEARS | 30.23% | 28.34% | 29.63% | 2.68% | 2.53% | 2.63% |
(1) | Effective September 23, 2019, the Fund changed its benchmark index from STOXX Europe 50 Index to the STOXX Europe Total Market Index. The Fund’s performance is based on the Fund’s prior investment strategy to track a different benchmark index for periods prior to September 23, 2019. |
(2) | Index returns represent the Fund’s prior benchmark index from September 30, 2012 through September 22, 2019 and the STOXX Europe Total Market Index from September 23, 2019 through September 30, 2022. |
Description | % of Net Assets | ||
Nestle SA | 3.2% | ||
Roche Holding AG | 2.5 | ||
Novartis AG | 1.9 | ||
ASML Holding NV | 1.9 | ||
AstraZeneca PLC | 1.9 | ||
Novo Nordisk A/S Class B | 1.8 | ||
LVMH Moet Hennessy Louis Vuitton SE | 1.7 | ||
Linde PLC | 1.5 | ||
TotalEnergies SE | 1.3 | ||
Unilever PLC | 1.3 | ||
TOTAL | 19.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
MSCI ACWI IMI Index | Net
Asset Value |
Market
Value |
MSCI ACWI IMI Index | ||
ONE YEAR | (20.04)% | (20.03)% | (21.18)% | (20.04)% | (20.03)% | (21.18)% | |
FIVE YEARS | 26.33% | 26.07% | 22.63% | 4.79% | 4.74% | 4.16% | |
TEN YEARS | 113.17% | 113.55% | 101.34% | 7.86% | 7.88% | 7.25% |
Description | % of Net Assets | ||
Apple, Inc. | 4.1% | ||
Microsoft Corp. | 3.1 | ||
Amazon.com, Inc. | 1.9 | ||
Tesla, Inc. | 1.2 | ||
Alphabet, Inc. Class C | 1.1 | ||
UnitedHealth Group, Inc. | 1.1 | ||
Alphabet, Inc. Class A | 0.9 | ||
JPMorgan Chase & Co. | 0.7 | ||
Johnson & Johnson | 0.7 | ||
Visa, Inc. Class A | 0.6 | ||
TOTAL | 15.4% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P China BMI Index | Net
Asset Value |
Market
Value |
S&P China BMI Index | ||
ONE YEAR | (34.60)% | (34.62)% | (34.65)% | (34.60)% | (34.62)% | (34.65)% | |
FIVE YEARS | (24.02)% | (24.89)% | (23.18)% | (5.35)% | (5.56)% | (5.14)% | |
TEN YEARS | 31.14% | 31.02% | 34.93% | 2.75% | 2.74% | 3.04% |
Description | % of Net Assets | ||
Tencent Holdings, Ltd. | 9.3% | ||
Alibaba Group Holding, Ltd. ADR | 7.1 | ||
Meituan Class B | 3.9 | ||
China Construction Bank Corp. Class H | 2.6 | ||
JD.com, Inc. ADR | 2.2 | ||
Pinduoduo, Inc. ADR | 1.5 | ||
Baidu, Inc. ADR | 1.5 | ||
Industrial & Commercial Bank of China, Ltd. Class H | 1.5 | ||
Ping An Insurance Group Co. of China, Ltd. Class H | 1.4 | ||
NetEase, Inc. ADR | 1.3 | ||
TOTAL | 32.3% |
% of Net Assets | |||
Consumer Discretionary | 27.0% | ||
Financials | 15.1 | ||
Communication Services | 14.5 | ||
Industrials | 8.2 | ||
Health Care | 6.8 | ||
Information Technology | 6.8 | ||
Consumer Staples | 6.7 | ||
Materials | 5.1 | ||
Real Estate | 4.0 | ||
Energy | 2.9 | ||
Utilities | 2.3 | ||
Short-Term Investments | 2.8 | ||
Liabilities in Excess of Other Assets | (2.2) | ||
TOTAL | 100.0% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Global Natural Resources Index | Net
Asset Value |
Market
Value |
S&P Global Natural Resources Index | ||
ONE YEAR | 0.33% | 0.30% | 0.33% | 0.33% | 0.30% | 0.33% | |
FIVE YEARS | 27.63% | 26.87% | 27.76% | 5.00% | 4.87% | 5.02% | |
TEN YEARS | 31.23% | 31.01% | 31.01% | 2.75% | 2.74% | 2.74% |
Description | % of Net Assets | ||
Shell PLC | 4.9% | ||
BHP Group, Ltd. | 4.8 | ||
Exxon Mobil Corp. | 4.1 | ||
Chevron Corp. | 3.2 | ||
Nutrien, Ltd. | 3.1 | ||
Glencore PLC | 3.0 | ||
TotalEnergies SE | 2.9 | ||
Reliance Industries, Ltd. GDR | 2.5 | ||
Vale SA ADR | 2.4 | ||
Anglo American PLC | 2.3 | ||
TOTAL | 33.2% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P Developed Ex-U.S. Under USD2 Billion Index | Net
Asset Value |
Market
Value |
S&P Developed Ex-U.S. Under USD2 Billion Index | ||
ONE YEAR | (30.36)% | (30.01)% | (31.50)% | (30.36)% | (30.01)% | (31.50)% | |
FIVE YEARS | (10.90)% | (11.27)% | (11.66)% | (2.28)% | (2.36)% | (2.45)% | |
TEN YEARS | 43.92% | 44.64% | 42.57% | 3.71% | 3.76% | 3.61% |
Description | % of Net Assets | ||
Advantage Energy, Ltd. | 0.3% | ||
NTT UD REIT Investment Corp. REIT | 0.2 | ||
Shochiku Co., Ltd. | 0.2 | ||
Valora Holding AG | 0.2 | ||
Nakanishi, Inc. | 0.2 | ||
NIPPON REIT Investment Corp. REIT | 0.2 | ||
Kotobuki Spirits Co., Ltd. | 0.2 | ||
Fuji Soft, Inc. | 0.2 | ||
Nikkon Holdings Co., Ltd. | 0.2 | ||
Uni-Select, Inc. | 0.2 | ||
TOTAL | 2.1% |
Cumulative Total Return | Average Annual Total Return | ||||||
Net
Asset Value |
Market
Value |
S&P BMI North American Natural Resources Index | Net
Asset Value |
Market
Value |
S&P BMI North American Natural Resources Index | ||
ONE YEAR | 22.91% | 22.70% | 22.69% | 22.91% | 22.70% | 22.69% | |
FIVE YEARS | 59.00% | 58.51% | 57.40% | 9.72% | 9.65% | 9.50% | |
SINCE INCEPTION(1) | 126.32% | 125.81% | 124.06% | 12.77% | 12.73% | 12.61% |
(1) | For the period ended December 15, 2015 to September 30, 2022. Since shares of the Fund did not trade in the secondary market until the day after the Fund’s inception, for the period from inception to the first day of secondary market trading in shares of the Fund (12/15/15, 12/16/15, respectively), the NAV of the Fund is used as a proxy for the secondary market trading price to calculate market returns. |
Description | % of Net Assets | ||
Exxon Mobil Corp. | 9.4% | ||
Freeport-McMoRan, Inc. | 7.5 | ||
Chevron Corp. | 7.4 | ||
Newmont Corp. | 6.1 | ||
Barrick Gold Corp. | 4.9 | ||
Nutrien, Ltd. | 4.9 | ||
Archer-Daniels-Midland Co. | 4.8 | ||
Franco-Nevada Corp. | 4.7 | ||
Corteva, Inc. | 4.5 | ||
ConocoPhillips | 4.3 | ||
TOTAL | 58.5% |
Description | Number
of Contracts |
Expiration
Date |
Notional
Amount |
Value | Unrealized
Appreciation (Depreciation) | |||||
DJ US Real Estate Index (long) | 270 | 12/16/2022 | $9,544,788 | $8,577,900 | $(966,888) |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$1,058,714,698 | $— | $ 0(a) | $1,058,714,698 | ||||
Preferred Stocks
|
58,298 | — | — | 58,298 | ||||
Short-Term Investments
|
3,242,830 | — | — | 3,242,830 | ||||
TOTAL INVESTMENTS
|
$1,062,015,826 | $— | $ 0 | $1,062,015,826 | ||||
LIABILITIES: | ||||||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Futures Contracts(b)
|
(966,888) | — | — | (966,888) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS:
|
$ (966,888) | $— | $— | $ (966,888) |
(a) | Fund held a Level 3 security that was valued at $0 at September 30, 2022. |
(b) | Futures Contracts are valued at unrealized appreciation (depreciation). |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
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1,838,198 | $1,838,566 | $120,028,371 | $ 119,590,936 | $45 | $38 | 2,275,629 | $2,276,084 | $17,450 | ||||||||
State Street Navigator Securities Lending
Portfolio II
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1,555,303 | 1,555,303 | 88,677,391 | 89,265,948 | — | — | 966,746 | 966,746 | 43,973 | ||||||||
Total
|
$3,393,869 | $208,705,762 | $208,856,884 | $45 | $38 | $3,242,830 | $61,423 |
Description | Level
1 – Quoted Prices |
Level
2 – Other Significant Observable Inputs |
Level
3 – Significant Unobservable Inputs |
Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Common Stocks
|
$457,923,816 | $— | $ 0(a) | $457,923,816 | ||||
Preferred Stocks
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81,910 | — | — | 81,910 | ||||
Short-Term Investments
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7,727,197 | — | — | 7,727,197 | ||||
TOTAL INVESTMENTS
|
$465,732,923 | $— | $ 0 | $465,732,923 |
(a) | The Fund held a Level 3 security that was valued at $0 at September 30, 2022. |
Number
of Shares Held at 9/30/21 |
Value
at 9/30/21 |
Cost
of Purchases |
Proceeds
from Shares Sold |
Realized
Gain (Loss) |
Change
in Unrealized Appreciation/ Depreciation |
Number
of Shares Held at 9/30/22 |
Value
at 9/30/22 |
Dividend
Income | |||||||||
State Street Institutional Liquid Reserves Fund,
Premier Class
|
316,823 | $ 316,886 | $ 52,779,663 | $ 52,663,617 | $(388) | $23 | 432,480 | $ 432,567 | $ 6,884 | ||||||||
State Street Navigator Securities Lending
Portfolio II
|
25,001,714 | 25,001,714 | 124,849,898 | 142,556,982 | — | — | 7,294,630 | 7,294,630 | 130,529 | ||||||||
Total
|
$25,318,600 | $177,629,561 | $195,220,599 | $(388) | $23 | $7,727,197 | $137,413 |