Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Since
Inception
|
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions
and
Sale of Fund Shares |
|
|
|
Communication
Services Select
Sector
Index (reflects no deduction
for
fees, expenses or taxes) |
|
|
|
S&P
500 Index (reflects no deduction
for
fees, expenses or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Consumer
Discretionary Select Sector Index
(reflects
no deduction for fees, expenses or
taxes) |
|
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
|
|
Return
After Taxes on Distributions |
- |
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
- |
|
|
Consumer
Staples Select Sector Index (reflects
no
deduction for fees, expenses or taxes) |
- |
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
|
|
Return
After Taxes on Distributions |
- |
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Energy
Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Financial
Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
|
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Health
Care Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
|
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Industrial
Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
|
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Materials
Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
|
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Since
Inception
|
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions
and
Sale of Fund Shares |
|
|
|
Real
Estate Select Sector Index
(reflects
no deduction for fees,
expenses
or taxes) |
|
|
|
S&P
500 Index (reflects no deduction
for
fees, expenses or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
|
|
|
Technology
Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
|
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Management
fees |
|
Distribution
and service (12b-1) fees |
|
Other
expenses |
|
Total
annual Fund operating expenses |
|
Year
1 |
Year
3 |
Year
5 |
Year
10 |
$ |
$ |
$ |
$ |
|
One
Year |
Five
Years |
Ten
Years |
Return
Before Taxes |
- |
|
|
Return
After Taxes on Distributions |
- |
|
|
Return
After Taxes on Distributions and Sale of
Fund
Shares |
- |
|
|
Utilities
Select Sector Index (reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
S&P
500 Index (reflects no deduction for fees,
expenses
or taxes) |
|
|
|
Fund
Name |
XLC |
XLY |
XLP |
XLE |
XLF |
XLV |
XLI |
XLB |
XLRE |
XLK |
XLU |
Communication
Services
Sector
Risk |
x |
|
|
|
|
|
|
|
|
|
|
Consumer
Discretionary
Sector
Risk |
|
x |
|
|
|
|
|
|
|
|
|
Consumer
Staples Sector
Risk |
|
|
x |
|
|
|
|
|
|
|
|
Energy
Sector Risk |
|
|
|
x |
|
|
|
|
|
|
|
Equity
Investing Risk |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
Financial
Sector Risk |
|
|
|
|
x |
|
|
|
|
|
|
Fluctuation
of Net Asset
Value,
Share Premiums and
Discounts
Risk |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
Health
Care Sector Risk |
|
|
|
|
|
x |
|
|
|
|
|
Indexing
Strategy/Index
Tracking
Risk |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
Industrial
Sector Risk |
|
|
|
|
|
|
x |
|
|
|
|
Large-Capitalization
Securities
Risk |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
Market
Risk |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
Materials
Sector Risk |
|
|
|
|
|
|
|
x |
|
|
|
Non-Diversification
Risk |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
x |
Real
Estate Sector Risk |
|
|
|
|
|
|
|
|
x |
|
|
REIT
Risk |
|
|
|
|
|
|
|
|
x |
|
|
Technology
Sector Risk |
|
|
|
|
|
|
|
|
|
x |
|
Utilities
Sector Risk |
|
|
|
|
|
|
|
|
|
|
x |
Portfolio
Managers |
Fund |
Karl
Schneider and Amy Cheng |
The
Real Estate Select Sector SPDR Fund |
Karl
Schneider, David Chin and Kala
O'Donnell |
The
Technology Select Sector SPDR Fund |
Karl
Schneider and Dwayne Hancock |
The
Consumer Staples Select Sector SPDR Fund, The Health Care Select Sector
SPDR
Fund, The Utilities Select Sector SPDR Fund |
Karl
Schneider and Ted Janowsky |
The
Energy Select Sector SPDR Fund, The Materials Select Sector SPDR
Fund |
Karl
Schneider, Dwayne Hancock and Kala
O'Donnell |
The
Financial Select Sector SPDR Fund |
Karl
Schneider and Kala O'Donnell |
The
Communication Services Select Sector SPDR Fund, The Consumer
Discretionary
Select Sector SPDR Fund |
Karl
Schneider, Emiliano Rabinovich and
Amy
Cheng |
The
Industrial Select Sector SPDR
Fund |
|
The
Communication Services Select Sector SPDR
Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$47.89 |
$80.15 |
$59.40 |
$49.50 |
$48.98 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
0.54 |
0.58 |
0.54 |
0.47 |
0.44 |
Net
realized and unrealized gain
(loss)
(d) |
17.68 |
(32.25
) |
20.73 |
9.88 |
0.51 |
Total
from investment operations |
18.22 |
(31.67
) |
21.27 |
10.35 |
0.95 |
Net
equalization credits and charges (c) |
0.01 |
(0.02
) |
(0.00
)(e) |
0.02 |
0.02 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.54
) |
(0.57
) |
(0.52
) |
(0.47
) |
(0.45
) |
Net
asset value, end of period |
$65.58 |
$47.89 |
$80.15 |
$59.40 |
$49.50 |
Total
return (f) |
38.24
% |
(39.71
)% |
35.88
% |
21.05
% |
2.07
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$13,110,317 |
$7,578,050 |
$15,176,057 |
$10,106,071 |
$6,039,403 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
0.92
% |
0.88
% |
0.73
% |
0.86
% |
0.93
% |
Portfolio
turnover rate (g) |
28
% |
21
% |
15
% |
15
% |
16
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Consumer Discretionary Select Sector SPDR
Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$142.48 |
$179.54 |
$146.99 |
$120.69 |
$117.19 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
1.43 |
1.23 |
1.09 |
1.46 |
1.58 |
Net
realized and unrealized gain
(loss)
(d) |
18.46 |
(37.06
) |
32.54 |
26.34 |
3.51 |
Total
from investment operations |
19.89 |
(35.83
) |
33.63 |
27.80 |
5.09 |
Net
equalization credits and
charges
(c) |
0.03 |
(0.01
) |
0.01 |
(0.06
) |
(0.02
) |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.44
) |
(1.22
) |
(1.09
) |
(1.44
) |
(1.57
) |
Net
asset value, end of period |
$160.96 |
$142.48 |
$179.54 |
$146.99 |
$120.69 |
Total
return (e) |
14.08
% |
(20.06
)% |
22.93
% |
23.25
% |
4.45
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$17,432,110 |
$14,098,639 |
$19,633,737 |
$15,809,198 |
$13,928,314 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
0.95
% |
0.70
% |
0.65
% |
1.17
% |
1.40
% |
Portfolio
turnover rate (f) |
24
% |
22
% |
23
% |
11
% |
6
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(f) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Consumer Staples Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$66.72 |
$68.83 |
$64.13 |
$61.41 |
$53.92 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
1.90 |
1.84 |
1.85 |
1.66 |
1.60 |
Net
realized and unrealized gain
(loss)
(d) |
2.08 |
(2.16
) |
4.67 |
2.70 |
7.41 |
Total
from investment operations |
3.98 |
(0.32
) |
6.52 |
4.36 |
9.01 |
Net
equalization credits and
charges
(c) |
0.00
(e) |
0.03 |
(0.01
) |
0.00
(e) |
0.05 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.89
) |
(1.82
) |
(1.81
) |
(1.64
) |
(1.57
) |
Net
asset value, end of period |
$68.81 |
$66.72 |
$68.83 |
$64.13 |
$61.41 |
Total
return (f) |
5.84
% |
(0.63
)% |
10.19
% |
7.32
% |
17.14
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$16,206,233 |
$14,465,958 |
$11,757,576 |
$13,687,240 |
$14,015,004 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
2.58
% |
2.49
% |
2.71
% |
2.73
% |
2.84
% |
Portfolio
turnover rate (g) |
17
% |
11
% |
4
% |
5
% |
10
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Energy Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$71.98 |
$52.12 |
$29.97 |
$59.18 |
$75.75 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
2.81 |
2.91 |
2.11 |
2.19 |
4.01 |
Net
realized and unrealized gain
(loss)
(d) |
18.72 |
20.07 |
22.11 |
(27.49
) |
(18.36
) |
Total
from investment operations |
21.53 |
22.98 |
24.22 |
(25.30
) |
(14.35
) |
Net
equalization credits and charges (c) |
(0.08
) |
(0.06
) |
0.09 |
0.08 |
(0.04
) |
Contribution
from Affiliate |
— |
— |
— |
0.00
(e)(f) |
— |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(3.03
) |
(3.06
) |
(2.16
) |
(3.99
) |
(2.18
) |
Net
asset value, end of period |
$90.40 |
$71.98 |
$52.12 |
$29.97 |
$59.18 |
Total
return (g) |
30.31
% |
44.34
% |
81.93
% |
(44.68
)%(h) |
(19.08
)% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$39,039,650 |
$33,531,192 |
$25,084,339 |
$8,430,789 |
$10,014,781 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
3.30
% |
4.14
% |
4.54
% |
5.08
% |
6.25
% |
Portfolio
turnover rate (i) |
8
% |
9
% |
14
% |
13
% |
10
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Contribution
paid by an Affiliate in the amount of $290,417. |
(g) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(h) |
The
contribution from an Affiliate had no impact on total
return. |
(i) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Financial Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$30.31 |
$37.53 |
$24.06 |
$28.02 |
$27.58 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
0.67 |
0.68 |
0.61 |
0.60 |
0.57 |
Net
realized and unrealized gain
(loss)
(d) |
2.86 |
(7.21
) |
13.44 |
(3.94
) |
0.46 |
Total
from investment operations |
3.53 |
(6.53
) |
14.05 |
(3.34
) |
1.03 |
Net
equalization credits and
charges
(c) |
0.00
(e) |
(0.02
) |
0.02 |
(0.02
) |
(0.03
) |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.67
) |
(0.67
) |
(0.60
) |
(0.60
) |
(0.56
) |
Net
asset value, end of period |
$33.17 |
$30.31 |
$37.53 |
$24.06 |
$28.02 |
Total
return (f) |
11.67
% |
(17.67
)% |
58.79
% |
(11.98
)% |
3.81
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$30,598,309 |
$26,953,933 |
$40,412,690 |
$16,646,404 |
$22,552,204 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
1.97
% |
1.83
% |
1.80
% |
2.30
% |
2.13
% |
Portfolio
turnover rate (g) |
23
% |
4
% |
3
% |
4
% |
4
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Health Care Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$121.02 |
$127.26 |
$105.56 |
$90.13 |
$95.11 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
2.13 |
1.95 |
1.85 |
1.66 |
2.29 |
Net
realized and unrealized gain
(loss)
(d) |
7.69 |
(6.27
) |
21.65 |
16.08 |
(5.75
) |
Total
from investment operations |
9.82 |
(4.32
) |
23.50 |
17.74 |
(3.46
) |
Net
equalization credits and
charges
(c) |
0.01 |
0.04 |
0.01 |
(0.00
)(e) |
(0.02
) |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(2.13
) |
(1.96
) |
(1.81
) |
(2.31
) |
(1.50
) |
Net
asset value, end of period |
$128.72 |
$121.02 |
$127.26 |
$105.56 |
$90.13 |
Total
return (f) |
8.10
% |
(3.47
)% |
22.37
% |
19.90
% |
(3.65
)% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$37,705,483 |
$35,805,067 |
$30,358,856 |
$23,873,455 |
$16,818,717 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
1.62
% |
1.48
% |
1.54
% |
1.67
% |
2.53
% |
Portfolio
turnover rate (g) |
3
% |
2
% |
4
% |
3
% |
2
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Industrial Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$82.79 |
$97.77 |
$76.98 |
$77.66 |
$78.37 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
1.71 |
1.52 |
1.27 |
1.39 |
1.52 |
Net
realized and unrealized gain
(loss)
(d) |
18.56 |
(14.94
) |
20.81 |
(0.68
) |
(0.63
) |
Total
from investment operations |
20.27 |
(13.42
) |
22.08 |
0.71 |
0.89 |
Net
equalization credits and charges (c) |
(0.01
) |
(0.04
) |
0.01 |
0.02 |
(0.03
) |
Contribution
from Affiliate (Note 4) |
0.00
(e) |
— |
— |
— |
0.00
(e)(f) |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.71
) |
(1.52
) |
(1.30
) |
(1.41
) |
(1.57
) |
Net
asset value, end of period |
$101.34 |
$82.79 |
$97.77 |
$76.98 |
$77.66 |
Total
return (g) |
24.50
%(h) |
(13.95
)% |
28.74
% |
1.12
% |
1.25
%(h) |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$14,412,862 |
$11,104,720 |
$17,367,182 |
$12,179,734 |
$9,802,368 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
1.69
% |
1.54
% |
1.33
% |
1.87
% |
2.07
% |
Portfolio
turnover rate (i) |
9
% |
7
% |
2
% |
3
% |
3
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Contribution
paid by an Affiliate in the amount of $60,421. |
(g) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(h) |
The
contribution from an Affiliate had no impact on total
return. |
(i) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Materials Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$67.98 |
$79.11 |
$63.62 |
$58.17 |
$57.92 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (c) |
1.59 |
1.64 |
1.45 |
1.23 |
1.20 |
Net
realized and unrealized gain (loss) (d) |
10.62 |
(11.02
) |
15.43 |
5.47 |
0.28 |
Total
from investment operations |
12.21 |
(9.38
) |
16.88 |
6.70 |
1.48 |
Net
equalization credits and charges (c) |
(0.01
) |
(0.06
) |
(0.00
)(e) |
(0.03
) |
(0.03
) |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.63
) |
(1.69
) |
(1.39
) |
(1.22
) |
(1.20
) |
Net
asset value, end of period |
$78.55 |
$67.98 |
$79.11 |
$63.62 |
$58.17 |
Total
return (f) |
17.97
% |
(12.23
)% |
26.60
% |
11.76
% |
2.64
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$4,942,608 |
$4,702,427 |
$7,501,906 |
$3,917,044 |
$4,201,473 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
1.99
% |
1.97
% |
1.83
% |
2.15
% |
2.18
% |
Portfolio
turnover rate (g) |
3
% |
2
% |
5
% |
4
% |
20
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Real Estate Select Sector SPDR Fund
| ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$36.00 |
$44.47 |
$35.30 |
$39.35 |
$32.62 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss) (c) |
1.20 |
0.86 |
0.85 |
0.88 |
0.95 |
Net
realized and unrealized gain (loss) (d) |
(1.79
) |
(7.99
) |
9.66 |
(3.78
) |
6.91 |
Total
from investment operations |
(0.59
) |
(7.13
) |
10.51 |
(2.90
) |
7.86 |
Net
equalization credits and charges (c) |
(0.01
) |
0.03 |
0.05 |
(0.05
) |
0.01 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.33
) |
(1.37
) |
(1.39
) |
(1.10
) |
(1.14
) |
Net
asset value, end of period |
$34.07 |
$36.00 |
$44.47 |
$35.30 |
$39.35 |
Total
return (e) |
(1.81
)% |
(16.46
)% |
30.42
% |
(7.46
)% |
24.64
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$4,093,339 |
$4,612,173 |
$4,282,141 |
$2,264,406 |
$3,884,273 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
3.20
% |
1.90
% |
2.05
% |
2.42
% |
2.69
% |
Portfolio
turnover rate (f) |
9
% |
11
% |
4
% |
5
% |
3
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(f) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Technology Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$118.73 |
$149.35 |
$116.76 |
$80.51 |
$75.30 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
1.42 |
1.24 |
1.11 |
1.20 |
1.05 |
Net
realized and unrealized gain
(loss)
(d) |
45.14 |
(30.62
) |
32.60 |
36.24 |
5.18 |
Total
from investment operations |
46.56 |
(29.38
) |
33.71 |
37.44 |
6.23 |
Net
equalization credits and
charges
(c) |
— |
(0.00
)(e) |
(0.02
) |
(0.00
)(e) |
0.01 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.40
) |
(1.24
) |
(1.10
) |
(1.19
) |
(1.03
) |
Net
asset value, end of period |
$163.89 |
$118.73 |
$149.35 |
$116.76 |
$80.51 |
Total
return (f) |
39.34
% |
(19.82
)% |
28.93
% |
46.88
% |
8.44
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$47,587,429 |
$35,656,531 |
$43,022,516 |
$34,095,026 |
$22,417,160 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
0.96
% |
0.83
% |
0.81
% |
1.24
% |
1.44
% |
Portfolio
turnover rate (g) |
19
% |
9
% |
4
% |
3
% |
6
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Amount
is less than $0.005 per share. |
(f) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(g) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |
|
The
Utilities Select Sector SPDR Fund | ||||
|
Year
Ended
9/30/23 |
Year
Ended
9/30/22(a) |
Year
Ended
9/30/21(a) |
Year
Ended
9/30/20(a) |
Year
Ended
9/30/19(b) |
Net
asset value, beginning of period |
$65.46 |
$63.88 |
$59.40 |
$64.73 |
$52.68 |
Income
(loss) from investment
operations:
|
|
|
|
|
|
Net
investment income (loss) (c) |
1.98 |
1.96 |
1.86 |
2.00 |
1.90 |
Net
realized and unrealized gain
(loss)
(d) |
(6.40
) |
1.61 |
4.61 |
(5.36
) |
12.01 |
Total
from investment operations |
(4.42
) |
3.57 |
6.47 |
(3.36
) |
13.91 |
Net
equalization credits and
charges
(c) |
0.02 |
0.04 |
(0.01
) |
(0.02
) |
0.01 |
Distributions
to shareholders from: |
|
|
|
|
|
Net
investment income |
(2.12
) |
(2.03
) |
(1.98
) |
(1.95
) |
(1.87
) |
Net
asset value, end of period |
$58.94 |
$65.46 |
$63.88 |
$59.40 |
$64.73 |
Total
return (e) |
(7.02
)% |
5.46
% |
10.95
% |
(5.12
)% |
26.85
% |
Ratios
and Supplemental Data: |
|
|
|
|
|
Net
assets, end of period (in 000s) |
$13,186,436 |
$16,119,053 |
$11,956,669 |
$11,405,751 |
$11,296,483 |
Ratios
to average net assets: |
|
|
|
|
|
Total
expenses |
0.09
% |
0.10
% |
0.11
% |
0.13
% |
0.13
% |
Net
investment income (loss) |
2.96
% |
2.76
% |
2.89
% |
3.29
% |
3.30
% |
Portfolio
turnover rate (f) |
3
% |
4
% |
3
% |
3
% |
5
% |
|
|
(a) |
Beginning
with the year ended September 30, 2023, the Fund was audited by Cohen
& Company. The
previous
years were audited by another independent registered public accounting
firm. |
(b) |
Beginning
with the year ended September 30, 2020, the Fund was audited by Ernst
& Young LLP. The
previous
years were audited by another independent registered public
accounting firm. |
(c) |
Per
share numbers have been calculated using average shares outstanding, which
more appropriately
presents
the per share data for the year. |
(d) |
Amounts
shown in this caption for a share outstanding may not accord with the
change in aggregate
gains
and losses in securities for the fiscal period because of the timing of
sales and repurchases of
Fund
shares in relation to fluctuating market values for the
Fund. |
(e) |
Total
return is calculated assuming a purchase of shares at net asset value on
the first day and a sale at
net
asset value on the last day of each period reported. Distributions are
assumed, for the purpose of
this
calculation, to be reinvested at net asset value per share on the
respective payment dates of each
distribution.
Total returns for periods of less than one year are not annualized. Broker
commission
charges
are not included in this calculation.
|
(f) |
Portfolio
turnover rate excludes securities received or delivered from in-kind
processing of creations or
redemptions
on Select Sector SPDR shares. |