Semi-Annual Report
March 31, 2022
SPDR® Index Shares Funds
SPDR MSCI ACWI Climate Paris Aligned ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
SPDR MSCI EAFE StrategicFactors ETF
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
SPDR MSCI Emerging Markets StrategicFactors ETF
SPDR MSCI World StrategicFactors ETF
SPDR S&P Emerging Asia Pacific ETF
SPDR S&P Global Dividend ETF
SPDR S&P Global Infrastructure ETF
The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting https://www.ssga.com/spdrs. Please read the prospectus carefully before you invest.





TABLE OF CONTENTS (Unaudited)
Portfolio Statistics (Unaudited)  

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Schedules of Investments (Unaudited)  

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The information contained in this report is intended for the general information of shareholders of the Trust. This report is not authorized for distribution to prospective investors unless preceded or accompanied by a current Trust prospectus which contains important information concerning the Trust. You may obtain a current prospectus and SAI from the Distributor by calling 1-866-787-2257 or visiting https://www.ssga.com/spdrs. Please read the prospectus carefully before you invest.


Table of Contents
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Table of Contents
SPDR MSCI ACWI Climate Paris Aligned ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Apple, Inc. 4.4%  
  Microsoft Corp. 3.3  
  Amazon.com, Inc. 2.3  
  Tesla, Inc. 1.3  
  Alphabet, Inc. Class A 1.3  
  Alphabet, Inc. Class C 1.2  
  NVIDIA Corp. 1.0  
  Meta Platforms, Inc. Class A 0.8  
  Taiwan Semiconductor Manufacturing Co., Ltd. 0.8  
  Johnson & Johnson 0.7  
  TOTAL 17.1%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
1


Table of Contents
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Nestle SA 2.4%  
  ASML Holding NV 1.9  
  Roche Holding AG 1.9  
  AstraZeneca PLC 1.4  
  LVMH Moet Hennessy Louis Vuitton SE 1.3  
  Toyota Motor Corp. 1.3  
  Novartis AG 1.3  
  Novo Nordisk A/S Class B 1.3  
  HSBC Holdings PLC 0.9  
  Commonwealth Bank of Australia 0.9  
  TOTAL 14.6%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
2


Table of Contents
SPDR MSCI EAFE StrategicFactors ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Nestle SA 2.6%  
  Roche Holding AG 2.6  
  Novo Nordisk A/S Class B 2.1  
  Novartis AG 1.8  
  ASML Holding NV 1.4  
  GlaxoSmithKline PLC 1.2  
  Unilever PLC 1.1  
  LVMH Moet Hennessy Louis Vuitton SE 1.1  
  Shell PLC 1.0  
  BHP Group, Ltd. 1.0  
  TOTAL 15.9%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
3


Table of Contents
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co., Ltd. 7.6%  
  Tencent Holdings, Ltd. 4.2  
  Samsung Electronics Co., Ltd. 4.1  
  Alibaba Group Holding, Ltd. 2.9  
  Infosys, Ltd. 1.4  
  Meituan Class B 1.2  
  China Construction Bank Corp. Class H 1.1  
  JD.com, Inc. Class A 1.0  
  SK Hynix, Inc. 0.9  
  Tata Consultancy Services, Ltd. 0.9  
  TOTAL 25.3%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
4


Table of Contents
SPDR MSCI Emerging Markets StrategicFactors ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Vale SA ADR 3.5%  
  Taiwan Semiconductor Manufacturing Co., Ltd. 2.9  
  Tata Consultancy Services, Ltd. 2.3  
  Al Rajhi Bank 2.3  
  Samsung Electronics Co., Ltd. 1.7  
  China Construction Bank Corp. Class H 1.6  
  Infosys, Ltd. 1.5  
  Bank of China, Ltd. Class H 1.2  
  Industrial & Commercial Bank of China, Ltd. Class H 1.0  
  Wal-Mart de Mexico SAB de CV 1.0  
  TOTAL 19.0%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
5


Table of Contents
SPDR MSCI World StrategicFactors ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Apple, Inc. 2.5%  
  Microsoft Corp. 2.2  
  Johnson & Johnson 1.5  
  NVIDIA Corp. 1.4  
  Roche Holding AG 1.3  
  Nestle SA 1.3  
  Alphabet, Inc. Class C 1.2  
  Meta Platforms, Inc. Class A 1.2  
  UnitedHealth Group, Inc. 1.2  
  Visa, Inc. Class A 1.0  
  TOTAL 14.8%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
6


Table of Contents
SPDR S&P Emerging Asia Pacific ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co., Ltd. ADR 6.2%  
  Tencent Holdings, Ltd. 5.1  
  Alibaba Group Holding, Ltd. ADR 3.6  
  Reliance Industries, Ltd. GDR 2.1  
  Infosys, Ltd. ADR 1.8  
  Meituan Class B 1.5  
  China Construction Bank Corp. Class H 1.3  
  Housing Development Finance Corp., Ltd. 1.2  
  JD.com, Inc. ADR 1.0  
  MediaTek, Inc. 1.0  
  TOTAL 24.8%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
7


Table of Contents
SPDR S&P Global Dividend ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Enagas SA 1.8%  
  Keyera Corp. 1.6  
  LTC Properties, Inc. REIT 1.6  
  New World Development Co., Ltd. 1.5  
  South Jersey Industries, Inc. 1.4  
  TC Energy Corp. 1.4  
  China Overseas Land & Investment, Ltd. 1.4  
  Rubis SCA 1.4  
  Guangdong Investment, Ltd. 1.3  
  KT&G Corp. 1.3  
  TOTAL 14.7%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
8


Table of Contents
SPDR S&P Global Infrastructure ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

     
  Description % of Net Assets  
  Transurban Group Stapled Security 5.0%  
  Aena SME SA 4.9  
  NextEra Energy, Inc. 4.9  
  Enbridge, Inc. 4.9  
  Atlantia SpA 4.2  
  Duke Energy Corp. 3.3  
  TC Energy Corp. 3.2  
  Getlink SE 3.1  
  Southern Co. 3.0  
  Dominion Energy, Inc. 2.7  
  TOTAL 39.2%  
(The ten largest holdings are subject to change, and there are no guarantees the Fund will continue to remain invested in any particular company.)
See accompanying notes to financial statements.
9


Table of Contents
SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)

Security Description     Shares   Value
COMMON STOCKS — 99.4%        
AUSTRALIA — 1.7%          
Ampol, Ltd.

    3,165   $ 72,824
Aristocrat Leisure, Ltd.

    1,465   40,375
ASX, Ltd.

    233   14,313
Australia & New Zealand Banking Group, Ltd.

    4,992   103,465
Brambles, Ltd.

    5,993   44,599
Cochlear, Ltd.

    159   26,905
Coles Group, Ltd.

    998   13,423
Commonwealth Bank of Australia

    2,878   228,594
Computershare, Ltd.

    1,740   32,274
Crown Resorts, Ltd. (a)

    1,824   17,478
CSL, Ltd.

    833   167,739
Dexus REIT

    1,896   15,591
Domino's Pizza Enterprises, Ltd.

    112   7,389
Endeavour Group, Ltd.

    2,233   12,224
Evolution Mining, Ltd.

    1,266   4,183
Fortescue Metals Group, Ltd.

    7,731   119,944
Goodman Group REIT

    2,674   45,964
GPT Group REIT

    2,094   8,145
IDP Education, Ltd.

    379   8,988
Insurance Australia Group, Ltd.

    5,428   17,854
LendLease Corp., Ltd. Stapled Security

    1,238   10,412
Macquarie Group, Ltd.

    663   101,204
Medibank Pvt, Ltd.

    2,041   4,721
Mirvac Group REIT

    6,704   12,536
National Australia Bank, Ltd.

    5,572   135,362
Northern Star Resources, Ltd.

    2,689   21,687
QBE Insurance Group, Ltd. (b)

    3,567   30,804
Ramsay Health Care, Ltd.

    23   1,125
REA Group, Ltd. (b)

    125   12,716
Rio Tinto PLC

    315   25,221
Scentre Group REIT

    13,375   30,634
SEEK, Ltd. (b)

    257   5,755
Sonic Healthcare, Ltd.

    1,053   28,056
Stockland REIT

    4,007   12,849
Suncorp Group, Ltd.

    4,111   34,329
Tabcorp Holdings, Ltd.

    9,475   37,995
Telstra Corp., Ltd.

    8,658   25,747
Transurban Group Stapled Security

    6,981   71,034
Treasury Wine Estates, Ltd.

    1,885   16,392
Vicinity Centres REIT

    7,102   9,946
Wesfarmers, Ltd.

    2,417   91,496
Westpac Banking Corp. (b)

    6,702   121,997
WiseTech Global, Ltd.

    273   10,472
Woolworths Group, Ltd.

    2,233   62,480
          1,917,241
AUSTRIA — 0.1%          
Erste Group Bank AG

    456   16,789
Raiffeisen Bank International AG (a)

    1,128   16,253
Security Description     Shares   Value
Verbund AG

    783   $ 83,200
          116,242
BELGIUM — 0.2%          
Ageas SA/NV

    226   11,527
Anheuser-Busch InBev SA/NV (b)

    1,663   100,399
Elia Group SA

    201   30,907
Groupe Bruxelles Lambert SA

    117   12,253
KBC Group NV

    163   11,857
Proximus SADP

    665   12,468
UCB SA

    172   20,755
Umicore SA

    707   30,962
          231,128
BRAZIL — 0.7%          
Ambev SA

    11,454   37,120
Americanas SA

    1,108   7,610
B3 SA - Brasil Bolsa Balcao

    12,674   41,900
Banco Bradesco SA Preference Shares

    2,611   12,209
Banco Bradesco SA

    10,218   39,286
Banco BTG Pactual SA 

    2,976   16,308
Banco do Brasil SA

    2,640   19,278
Banco Inter SA

    1,937   8,642
CCR SA

    5,841   16,840
Hapvida Participacoes e Investimentos SA (c)

    3,943   9,825
Itau Unibanco Holding SA Preference Shares

    6,839   39,549
Localiza Rent a Car SA

    1,816   23,350
Lojas Renner SA

    1,808   10,463
MercadoLibre, Inc. (a)

    81   96,348
Natura & Co. Holding SA (a)

    2,147   11,770
Raia Drogasil SA

    812   4,091
Telefonica Brasil SA

    1,710   19,320
TIM SA

    4,000   11,608
Vale SA

    10,337   207,960
WEG SA

    2,796   20,517
Wheaton Precious Metals Corp.

    2,282   108,614
          762,608
CANADA — 3.5%          
Agnico Eagle Mines, Ltd.

    1,564   95,790
Alimentation Couche-Tard, Inc.

    1,937   87,340
AltaGas, Ltd. (b)

    6,100   136,744
Ballard Power Systems, Inc. (a)(b)

    600   6,989
Bank of Montreal (b)

    1,265   148,989
Bank of Nova Scotia

    2,339   167,787
BCE, Inc. (b)

    1,547   85,831
BlackBerry, Ltd. (a)

    1,821   13,515
Brookfield Asset Management, Inc. Class A

    3,002   169,874
CAE, Inc. (a)

    514   13,391
Cameco Corp.

    3,512   102,375
Canadian Imperial Bank of Commerce

    815   99,016
 
See accompanying notes to financial statements.
10


Table of Contents
SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)

Security Description     Shares   Value
Canadian National Railway Co.

    1,182   $ 158,698
Canadian Pacific Railway, Ltd. (d)

    1,130   93,346
Canadian Pacific Railway, Ltd. (d)

    501   41,353
Canadian Tire Corp., Ltd. Class A (b)

    143   21,611
Canopy Growth Corp. (a)(b)

    825   6,262
CCL Industries, Inc. Class B

    401   18,107
CGI, Inc. (a)

    324   25,833
Constellation Software, Inc.

    34   58,171
Dollarama, Inc.

    446   25,316
Enbridge, Inc. (d)

    968   44,601
Enbridge, Inc. (d)

    5,183   238,884
Fairfax Financial Holdings, Ltd.

    65   35,492
FirstService Corp.

    28   4,054
Franco-Nevada Corp.

    824   131,241
George Weston, Ltd.

    396   48,808
Great-West Lifeco, Inc.

    1,074   31,677
Hydro One, Ltd. (c)

    4,439   119,695
iA Financial Corp., Inc.

    99   6,025
Intact Financial Corp.

    305   45,106
Ivanhoe Mines, Ltd. Class A (a)

    7,100   66,279
Keyera Corp.

    952   24,153
Lightspeed Commerce, Inc. (a)(b)

    200   6,105
Loblaw Cos., Ltd.

    777   69,784
Magna International, Inc.

    300   19,277
Manulife Financial Corp.

    3,584   76,498
Metro, Inc.

    646   37,217
National Bank of Canada (b)

    423   32,454
Nuvei Corp. (a)(b)(c)

    100   7,526
Onex Corp.

    300   20,122
Open Text Corp.

    397   16,849
Pan American Silver Corp.

    400   10,927
Pembina Pipeline Corp. (b)

    4,100   154,179
Power Corp. of Canada

    1,454   45,050
Restaurant Brands International, Inc.

    530   30,992
RioCan Real Estate Investment Trust

    851   17,190
Ritchie Bros Auctioneers, Inc.

    258   15,252
Rogers Communications, Inc. Class B (b)

    1,088   61,636
Royal Bank of Canada (b)

    2,445   269,429
Shaw Communications, Inc. Class B

    1,256   39,016
Shopify, Inc. Class A (a)

    199   134,701
Sun Life Financial, Inc. (b)

    874   48,841
TELUS Corp.

    2,256   58,990
TFI International, Inc.

    200   21,320
Thomson Reuters Corp.

    548   59,549
Toronto-Dominion Bank

    2,955   234,663
West Fraser Timber Co., Ltd.

    218   17,952
WSP Global, Inc.

    375   49,811
          3,927,683
Security Description     Shares   Value
CHILE — 0.2%          
Antofagasta PLC

    3,068   $ 67,580
Banco de Chile

    100,558   10,765
Banco de Credito e Inversiones SA (a)

    255   9,185
Cia Cervecerias Unidas SA

    950   7,109
Falabella SA

    9,216   29,453
Lundin Mining Corp.

    5,101   51,743
Sociedad Quimica y Minera de Chile SA Class B, Preference Shares

    999   86,339
          262,174
CHINA — 3.6%          
360 DigiTech, Inc. ADR

    400   6,156
Agricultural Bank of China, Ltd. Class H

    131,000   50,350
Alibaba Group Holding, Ltd. (a)

    26,424   378,238
Alibaba Health Information Technology, Ltd. (a)(b)

    8,000   5,189
ANTA Sports Products, Ltd.

    1,000   12,565
Baidu, Inc. ADR (a)

    477   63,107
Bank of China, Ltd. Class H

    293,000   117,853
Bank of Communications Co., Ltd. Class A

    31,828   25,620
Bank of Communications Co., Ltd. Class H

    52,000   37,316
Bank of Jiangsu Co., Ltd. Class A

    14,700   16,325
BeiGene, Ltd. ADR (a)

    100   18,860
Beijing Easpring Material Technology Co., Ltd. Class A

    600   7,108
Bilibili, Inc. ADR (a)(b)

    399   10,206
BOC Hong Kong Holdings, Ltd.

    3,500   13,274
BOE Technology Group Co., Ltd. Class A

    9,200   6,246
Budweiser Brewing Co. APAC, Ltd. (b)(c)

    3,800   10,117
BYD Co., Ltd. Class H

    1,500   42,981
CanSino Biologics, Inc. Class H (a)(c)

    200   3,215
CGN Power Co., Ltd. Class H (c)

    107,000   28,009
Chengtun Mining Group Co., Ltd. Class A

    5,900   7,956
China Bohai Bank Co., Ltd. Class H (b)(c)

    30,000   4,980
China CITIC Bank Corp., Ltd. Class H

    60,000   30,416
China Common Rich Renewable Energy Investment, Ltd. (b)(e)

    24,000  
China Conch Venture Holdings, Ltd.

    2,500   7,310
China Construction Bank Corp. Class A

    800   793
China Construction Bank Corp. Class H

    207,000   155,685
China Everbright Bank Co., Ltd. Class A

    26,309   13,677
 
See accompanying notes to financial statements.
11


Table of Contents
SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)

Security Description     Shares   Value
China Evergrande Group (b)

    33,700   $ 7,100
China Feihe, Ltd. (b)(c)

    5,000   4,954
China Jushi Co., Ltd. Class A

    3,200   7,682
China Life Insurance Co., Ltd. Class H

    18,000   27,673
China Mengniu Dairy Co., Ltd. (a)

    4,000   21,554
China Merchants Bank Co., Ltd. Class A

    2,700   19,905
China Merchants Bank Co., Ltd. Class H

    5,500   43,227
China Merchants Port Holdings Co., Ltd.

    12,378   22,444
China Minmetals Rare Earth Co., Ltd. Class A

    1,700   7,801
China Minsheng Banking Corp., Ltd. Class A

    31,545   18,982
China Minsheng Banking Corp., Ltd. Class H (b)

    22,500   8,476
China Molybdenum Co., Ltd. Class H

    63,000   32,902
China National Nuclear Power Co., Ltd. Class A

    24,300   31,044
China Northern Rare Earth Group High-Tech Co., Ltd. Class A

    2,800   17,083
China Oilfield Services, Ltd. Class H

    60,000   61,522
China Overseas Land & Investment, Ltd.

    9,000   26,949
China Pacific Insurance Group Co., Ltd. Class H

    5,000   12,207
China Resources Beer Holdings Co., Ltd.

    2,000   12,271
China Resources Gas Group, Ltd.

    6,000   25,474
China Resources Land, Ltd.

    2,000   9,321
China Ruyi Holdings, Ltd. (a)(b)

    8,000   2,166
China Suntien Green Energy Corp., Ltd. Class H

    38,000   21,496
China Taiping Insurance Holdings Co., Ltd.

    7,600   9,307
China Tourism Group Duty Free Corp., Ltd. Class A

    200   5,179
China Tower Corp., Ltd. Class H (c)

    176,000   19,777
China Vanke Co., Ltd. Class H

    7,696   17,433
China Yangtze Power Co., Ltd. Class A

    13,596   47,118
Contemporary Amperex Technology Co., Ltd. Class A

    300   24,210
Country Garden Holdings Co., Ltd. (b)

    12,207   9,399
Country Garden Services Holdings Co., Ltd.

    2,000   8,581
CSPC Pharmaceutical Group, Ltd.

    10,720   12,388
Daqo New Energy Corp. ADR (a)

    100   4,132
Security Description     Shares   Value
Do-Fluoride New Materials Co., Ltd. Class A

    1,300   $ 8,058
ENN Energy Holdings, Ltd.

    3,500   52,513
ESR Cayman, Ltd. (a)(c)

    3,800   11,815
Foshan Haitian Flavouring & Food Co., Ltd. Class A

    884   12,174
Fosun International, Ltd.

    7,000   7,624
Futu Holdings, Ltd. ADR (a)

    100   3,256
Ganfeng Lithium Co., Ltd. Class A

    800   15,835
Ganfeng Lithium Co., Ltd. Class H (c)

    600   8,581
Geely Automobile Holdings, Ltd.

    7,000   11,048
GEM Co., Ltd. Class A

    6,900   9,109
Genscript Biotech Corp. (a)

    2,000   6,410
Great Wall Motor Co., Ltd. Class H

    5,000   8,019
Guangzhou Automobile Group Co., Ltd. Class H

    3,200   2,672
Guangzhou Tinci Materials Technology Co., Ltd. Class A

    800   11,846
Haier Smart Home Co., Ltd. Class H

    3,200   10,399
Hello Group, Inc. ADR

    298   1,722
Hoshine Silicon Industry Co., Ltd. Class A

    500   8,243
Huazhu Group, Ltd. ADR

    271   8,940
Hutchmed China, Ltd. ADR (a)(b)

    97   1,835
Iflytek Co., Ltd. Class A

    1,000   7,336
Industrial & Commercial Bank of China, Ltd. Class H

    122,000   74,932
Industrial Bank Co., Ltd. Class A

    3,232   10,524
Inner Mongolia Yuan Xing Energy Co., Ltd. Class A (a)

    9,200   14,188
Innovent Biologics, Inc. (a)(c)

    2,000   6,883
iQIYI, Inc. ADR (a)(b)

    600   2,724
JD Health International, Inc. (a)(b)(c)

    850   5,221
JD.com, Inc. Class A (a)

    3,446   102,966
Jiangsu Expressway Co., Ltd. Class H

    12,000   12,565
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. Class A

    317   6,773
JOYY, Inc. ADR

    99   3,636
KE Holdings, Inc. ADR (a)

    658   8,139
Kingdee International Software Group Co., Ltd. (a)

    3,000   6,673
Kingsoft Corp., Ltd.

    2,000   6,487
Kuaishou Technology (a)(c)

    600   5,685
Kweichow Moutai Co., Ltd. Class A

    202   54,700
Lenovo Group, Ltd. (b)

    22,000   23,934
Li Auto, Inc. ADR (a)

    1,000   25,810
Li Ning Co., Ltd.

    3,500   30,212
Longfor Group Holdings, Ltd. (c)

    1,500   7,719
LONGi Green Energy Technology Co., Ltd. Class A

    980   11,145
 
See accompanying notes to financial statements.
12


Table of Contents
SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)

Security Description     Shares   Value
Luzhou Laojiao Co., Ltd. Class A

    300   $ 8,784
Meituan Class B (a)(c)

    7,000   139,081
Microport Scientific Corp. (a)(b)

    1,000   2,270
Muyuan Foods Co., Ltd. Class A

    1,372   12,289
NetEase, Inc.

    3,575   65,644
New China Life Insurance Co., Ltd. Class H

    3,600   10,067
Ningxia Baofeng Energy Group Co., Ltd. Class A

    4,400   10,300
NIO, Inc. ADR (a)

    2,355   49,573
Nongfu Spring Co., Ltd. Class H (b)(c)

    3,400   18,126
NXP Semiconductors NV

    577   106,791
Offshore Oil Engineering Co., Ltd. Class A

    10,700   7,214
People's Insurance Co. Group of China, Ltd. Class H

    51,000   16,737
Pharmaron Beijing Co., Ltd. Class H (c)

    400   4,875
PICC Property & Casualty Co., Ltd. Class H

    22,000   22,530
Pinduoduo, Inc. ADR (a)

    816   32,730
Ping An Insurance Group Co. of China, Ltd. Class A

    85   649
Ping An Insurance Group Co. of China, Ltd. Class H

    11,000   78,166
Postal Savings Bank of China Co., Ltd. Class H (b)(c)

    13,000   10,541
Prosus NV (a)

    1,573   85,016
RLX Technology, Inc. ADR (a)

    2,700   4,833
Sany Heavy Industry Co., Ltd. Class A

    3,300   9,108
SF Holding Co., Ltd. Class A

    1,100   7,919
Shandong Weigao Group Medical Polymer Co., Ltd. Class H

    4,000   4,285
Shanghai Fosun Pharmaceutical Group Co., Ltd. Class H

    1,500   7,336
Shanghai International Airport Co., Ltd. Class A (a)

    700   5,425
Shanghai Putailai New Energy Technology Co., Ltd. Class A

    400   8,856
Shanxi Meijin Energy Co., Ltd. Class A (a)

    2,500   5,045
Shanxi Xinghuacun Fen Wine Factory Co., Ltd. Class A

    280   11,243
Shenghe Resources Holding Co., Ltd. Class A

    1,300   3,475
Shenzhen Capchem Technology Co., Ltd. Class A

    500   6,423
Shenzhen International Holdings, Ltd.

    27,693   29,279
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Class A

    100   4,840
Shenzhen Senior Technology Material Co., Ltd. Class A

    1,400   8,332
Shenzhou International Group Holdings, Ltd.

    1,300   17,397
Security Description     Shares   Value
Sichuan Chuantou Energy Co., Ltd. Class A

    8,300   $ 14,042
Sichuan Hebang Biotechnology Co., Ltd. Class A (a)

    19,700   10,893
Sichuan New Energy Power Co., Ltd. (a)

    2,700   8,285
Sichuan Yahua Industrial Group Co., Ltd. Class A

    2,200   10,002
Sinoma Science & Technology Co., Ltd. Class A

    1,200   4,590
Sinopharm Group Co., Ltd. Class H

    4,800   10,959
Smoore International Holdings, Ltd. (b)(c)

    4,000   9,602
Sunac China Holdings, Ltd. (b)

    11,000   6,433
Sunny Optical Technology Group Co., Ltd.

    800   12,882
Tencent Holdings, Ltd.

    9,884   472,277
Tencent Music Entertainment Group ADR (a)

    700   3,409
Tibet Summit Resources Co., Ltd. Class A (a)

    2,000   8,333
Trip.com Group, Ltd. ADR (a)

    1,277   29,524
Tsingtao Brewery Co., Ltd. Class H

    2,000   15,910
Vipshop Holdings, Ltd. ADR (a)

    738   6,642
Weichai Power Co., Ltd. Class A

    4,100   8,622
Weihai Guangwei Composites Co., Ltd. Class A

    700   6,501
Weimob, Inc. (a)(b)(c)

    5,000   3,294
Wharf Holdings, Ltd.

    2,000   6,104
Wuliangye Yibin Co., Ltd. Class A

    634   15,486
WuXi AppTec Co., Ltd. Class H (c)

    960   15,262
Wuxi Biologics Cayman, Inc. (a)(c)

    5,500   45,685
Xiaomi Corp. Class B (a)(c)

    25,600   45,568
Xinjiang Goldwind Science & Technology Co., Ltd. Class H

    6,000   9,056
Xinjiang Zhongtai Chemical Co., Ltd. Class A

    6,400   9,104
XPeng, Inc. ADR (a)

    658   18,154
Yantai Jereh Oilfield Services Group Co., Ltd. Class A

    2,400   15,936
Yihai International Holding, Ltd. (a)(b)

    1,000   2,873
Yintai Gold Co., Ltd. Class A

    8,380   12,290
YongXing Special Materials Technology Co., Ltd. Class A

    500   9,343
Yunnan Energy New Material Co., Ltd. Class A

    200   6,931
Yunnan Tin Co., Ltd. Class A (a)

    3,600   11,875
Zai Lab, Ltd. ADR (a)(b)

    151   6,641
Zhejiang Expressway Co., Ltd. Class H

    20,000   16,804
Zhejiang Huayou Cobalt Co., Ltd. Class A

    600   9,244
 
See accompanying notes to financial statements.
13


Table of Contents
SPDR MSCI ACWI CLIMATE PARIS ALIGNED ETF (Formerly, SPDR MSCI ACWI Low Carbon Target ETF)
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)

Security Description     Shares   Value
Zhejiang Yongtai Technology Co., Ltd. Class A (a)

    1,100   $ 6,626
ZhongAn Online P&C Insurance Co., Ltd. Class H (a)(b)(c)

    1,800   6,137
Zhuzhou CRRC Times Electric Co., Ltd.

    1,400   5,497
Zibo Qixiang Tengda Chemical Co., Ltd. Class A

    6,300   8,455
Zijin Mining Group Co., Ltd. Class H

    14,000   21,559
Zoomlion Heavy Industry Science & Technology Co., Ltd. Class H (b)

    15,200   9,685
ZTE Corp. Class H

    3,200   6,546
ZTO Express Cayman, Inc. ADR

    586   14,650
          4,094,550
COLOMBIA — 0.1%          
Bancolombia SA

    1,731   20,005
Bancolombia SA Preference Shares

    2,138   22,959
Grupo de Inversiones Suramericana SA

    1,500   14,234
Interconexion Electrica SA ESP

    4,310   27,901
          85,099
CZECH REPUBLIC — 0.0% (f)          
Komercni banka A/S

    524   20,456
DENMARK — 0.6%          
Ambu A/S Class B

    305   4,562
Carlsberg A/S Class B

    100   12,415
Chr. Hansen Holding A/S

    233   17,311
Coloplast A/S Class B

    119   18,236
Danske Bank A/S

    1,195   20,127
DSV A/S

    73   14,201
Genmab A/S (a)

    107   39,453
GN Store Nord A/S

    161   8,012
Novo Nordisk A/S Class B

    2,878   322,397
Novozymes A/S Class B

    567   39,268
Orsted A/S (c)

    576   73,166
Pandora A/S

    205   19,858
Vestas Wind Systems A/S

    1,947   58,174
          647,180
EGYPT — 0.0% (f)          
Eastern Co SAE

    38,409   25,235
FINLAND — 0.3%          
Kesko Oyj Class B

    466   12,968
Kone Oyj Class B

    465   24,622
Neste Oyj

    2,436   112,428
Nokia Oyj (a)(d)

    1,312   7,278
Nokia Oyj (a)(d)

    7,743   42,865
Nordea Bank Abp (b)(d)

    4,865   50,793
Nordea Bank Abp (d)

    134   1,399
Sampo Oyj Class A

    747   36,886
Wartsila OYJ Abp (b)

    1,157   10,693
          299,932
Security Description     Shares   Value
FRANCE — 2.3%          
Adevinta ASA (a)

    1,076   $ 9,950
Aeroports de Paris (a)

    220   33,291
Airbus SE (a)

    1,071   131,510
Alstom SA

    622   14,720
AXA SA

    4,496   132,891
BNP Paribas SA

    1,858   107,355
Bollore SE

    36   191
Bureau Veritas SA

    796   22,974
Capgemini SE

    280   63,087
Carrefour SA

    905   19,782
CNP Assurances

    788   19,114
Covivio REIT

    163   13,084
Credit Agricole SA

    732   8,866
Danone SA

    1,193   66,409
Dassault Aviation SA

    100   15,989
Dassault Systemes SE

    830   41,294
Edenred

    695   34,736
Eiffage SA

    285   29,567
EssilorLuxottica SA

    570   105,469
Gecina SA REIT

    153   19,458
Getlink SE

    1,591   28,934
Hermes International

    55   79,034
Ipsen SA

    107   13,489
Kering SA

    139   89,037
Klepierre SA REIT (a)

    837   22,519
Legrand SA

    543   52,188
L'Oreal SA

    523   211,730
LVMH Moet Hennessy Louis Vuitton SE

    497   359,110
Orange SA

    3,779   45,007
Orpea SA

    78   3,418
Pernod Ricard SA

    468   103,780
Publicis Groupe SA

    623   38,305
Remy Cointreau SA

    33   6,866
Renault SA (a)

    514   13,654
Safran SA

    602   71,844
Sanofi

    2,035   209,465
Sartorius Stedim Biotech

    22   9,118
Societe Generale SA

    1,437   39,109
Sodexo SA

    295   24,224
Teleperformance

    93   35,834
Thales SA

    294   37,275
Ubisoft Entertainment SA (a)

    87   3,867
Unibail-Rodamco-Westfield CDI (a)

    331   1,253
Unibail-Rodamco-Westfield REIT (a)

    349   26,475
Vinci SA

    1,390   143,817
Vivendi SE

    1,803   23,752
Worldline SA (a)(c)

    375   16,475
          2,599,316
GERMANY — 1.8%          
adidas AG

    334   78,747
Allianz SE

    897   216,127
Aroundtown SA

    1,451