Semi-Annual Report
March 31, 2022
SPDR® Index Shares Funds
SPDR Bloomberg SASB Emerging Markets ESG Select ETF
SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF
SPDR EURO STOXX 50 ETF
SPDR MSCI ACWI ex-US ETF
SPDR S&P Emerging Markets Dividend ETF
SPDR S&P Emerging Markets Small Cap ETF
SPDR S&P International Dividend 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.

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Table of Contents
SPDR Bloomberg SASB Emerging Markets ESG Select ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

      
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co., Ltd. 5.9%  
  Tencent Holdings, Ltd. 3.4  
  Samsung Electronics Co., Ltd. 2.9  
  Alibaba Group Holding, Ltd. ADR 2.4  
  Infosys, Ltd. ADR 1.3  
  Reliance Industries, Ltd. GDR 1.1  
  Al Rajhi Bank 1.1  
  HDFC Bank, Ltd. ADR 1.1  
  Meituan Class B 0.9  
  Kweichow Moutai Co., Ltd. Class A 0.9  
  TOTAL 21.0%  
(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.
1

Table of Contents
SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

      
  Description % of Net Assets  
  Nestle SA 2.4%  
  Roche Holding AG 1.7  
  ASML Holding NV 1.6  
  Novartis AG 1.5  
  AstraZeneca PLC 1.2  
  Toyota Motor Corp. 1.2  
  Diageo PLC 1.0  
  BHP Group, Ltd. 1.0  
  L'Oreal SA 1.0  
  Novo Nordisk A/S Class B 0.9  
  TOTAL 13.5%  
(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 EURO STOXX 50 ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

      
  Description % of Net Assets  
  ASML Holding NV 8.4%  
  LVMH Moet Hennessy Louis Vuitton SE 5.8  
  Linde PLC 5.0  
  TotalEnergies SE 4.1  
  SAP SE 3.8  
  Sanofi 3.6  
  Siemens AG 3.2  
  Allianz SE 3.0  
  L'Oreal SA 3.0  
  Schneider Electric SE 2.9  
  TOTAL 42.8%  
(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.
3

Table of Contents
SPDR MSCI ACWI ex-US ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

      
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co., Ltd. ADR 1.9%  
  Nestle SA 1.6  
  ASML Holding NV 1.2  
  Roche Holding AG 1.2  
  Samsung Electronics Co., Ltd. GDR 1.1  
  Tencent Holdings, Ltd. 1.1  
  Shell PLC 0.9  
  Novo Nordisk A/S Class B 0.9  
  LVMH Moet Hennessy Louis Vuitton SE 0.8  
  Novartis AG 0.8  
  TOTAL 11.5%  
(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 S&P Emerging Markets Dividend ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2022

      
  Description % of Net Assets  
  Wal-Mart de Mexico SAB de CV 3.7%  
  First Abu Dhabi Bank PJSC 3.7  
  Emirates Telecommunications Group Co. PJSC 3.5  
  Advanced Info Service PCL NVDR 3.3  
  Haci Omer Sabanci Holding A/S 3.3  
  Saudi Electricity Co. 3.1  
  AcBel Polytech, Inc. 3.0  
  Quanta Computer, Inc. 2.8  
  Shimao Group Holdings, Ltd. 2.8  
  Anhui Conch Cement Co., Ltd. Class H 2.6  
  TOTAL 31.8%  
(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.
5

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

      
  Description % of Net Assets  
  Faraday Technology Corp. 0.4%  
  Royal Bafokeng Platinum, Ltd. 0.3  
  Sappi, Ltd. 0.3  
  Gigabyte Technology Co., Ltd. 0.3  
  Alchip Technologies, Ltd. 0.3  
  Sinbon Electronics Co., Ltd. 0.3  
  Lotes Co., Ltd. 0.3  
  AVI, Ltd. 0.3  
  Netcare, Ltd. 0.3  
  Truworths International, Ltd. 0.3  
  TOTAL 3.1%  
(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.
6

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

      
  Description % of Net Assets  
  Endesa SA 2.8%  
  TC Energy Corp. 2.3  
  BCE, Inc. 2.3  
  Red Electrica Corp. SA 2.0  
  Koninklijke KPN NV 1.9  
  GlaxoSmithKline PLC 1.9  
  Zurich Insurance Group AG 1.9  
  TELUS Corp. 1.9  
  APA Group Stapled Security 1.9  
  Swisscom AG 1.8  
  TOTAL 20.7%  
(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.
7

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS
March 31, 2022 (Unaudited)
Security Description     Shares   Value
COMMON STOCKS — 99.5%        
BRAZIL — 3.9%          
Ambev SA
     18,600   $ 60,278
B3 SA - Brasil Bolsa Balcao
     27,200   89,923
Banco Bradesco SA Preference Shares
     18,600   86,973
Banco Bradesco SA
     1,600   6,152
Banco BTG Pactual SA  (a)
     2,100   11,508
Banco BTG Pactual SA Preference Shares
     2,200   2,500
Banco BTG Pactual SA (a)
     1,600   5,125
Banco do Brasil SA
     6,500   47,465
Banco Inter SA Preference Shares (b)
     1,000   1,511
Banco Inter SA
     2,100   9,369
Banco Santander Brasil SA
     14,900   115,639
Banco Santander Brasil SA Preference Shares
     100   397
Braskem SA Class A, Preference Shares
     2,000   18,645
BRF SA (c)
     2,970   11,619
Centrais Eletricas Brasileiras SA
     1,300   10,390
Centrais Eletricas Brasileiras SA Class B, Preference Shares
     600   4,735
Cia Energetica de Minas Gerais Preference Shares
     10,000   32,008
Cia Energetica de Minas Gerais
     600   2,567
Energisa SA
     1,000   10,272
Engie Brasil Energia SA
     6,800   61,876
Gerdau SA Preference Shares
     2,300   14,912
Itau Unibanco Holding SA Preference Shares
     25,300   146,307
Klabin SA
     3,900   19,796
Klabin SA Preference Shares
     6,000   5,884
Natura & Co. Holding SA (c)
     5,200   28,506
Petroleo Brasileiro SA Preference Shares
     8,000   56,314
Petroleo Brasileiro SA
     5,700   42,271
Rede D'Or Sao Luiz SA (b)
     1,400   14,701
Suzano SA
     2,700   31,335
Telefonica Brasil SA
     3,300   37,285
TIM SA
     10,700   31,051
Vibra Energia SA
     4,200   20,664
WEG SA
     4,700   34,489
          1,072,467
CHILE — 0.9%          
Banco de Chile
     189,141   20,247
Banco de Credito e Inversiones SA (c)
     224   8,068
Banco Santander Chile
     867,735   48,860
Cencosud SA
     4,351   8,570
See accompanying notes to financial statements.
8

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Cia Cervecerias Unidas SA
     2,148   $ 16,075
Empresas CMPC SA
     5,445   10,082
Empresas COPEC SA
     3,065   25,317
Enel Americas SA
     327,168   39,497
Enel Chile SA
     757,417   22,619
Sociedad Quimica y Minera de Chile SA Class B, Preference Shares
     525   45,373
          244,708
CHINA — 34.8%          
AAC Technologies Holdings, Inc. (c)
     3,500   8,483
AECC Aviation Power Co., Ltd. Class A
     1,200   8,488
Agricultural Bank of China, Ltd. Class H
     81,000   31,132
Aier Eye Hospital Group Co., Ltd. Class A
     3,600   17,892
Air China, Ltd. Class A (c)
     6,800   9,759
Alibaba Group Holding, Ltd. ADR (c)
     6,100   663,680
Alibaba Health Information Technology, Ltd. (c)
     12,000   7,784
Aluminum Corp. of China, Ltd. Class A (c)
     19,900   18,245
Angang Steel Co., Ltd. Class A
     23,700   13,254
Angel Yeast Co., Ltd. Class A
     1,000   6,566
Anhui Conch Cement Co., Ltd. Class A
     5,500   34,214
ANTA Sports Products, Ltd.
     4,400   55,285
Asymchem Laboratories Tianjin Co., Ltd. Class A
     300   17,344
Avary Holding Shenzhen Co., Ltd. Class A
     3,400   15,436
Baidu, Inc. ADR (c)
     1,000   132,300
Bank of Beijing Co., Ltd. Class A
     16,900   12,193
Bank of Communications Co., Ltd. Class A
     72,000   57,958
Bank of Hangzhou Co., Ltd. Class A
     9,300   20,642
Bank of Nanjing Co., Ltd. Class A
     20,600   34,625
Bank of Ningbo Co., Ltd. Class A
     5,800   34,162
Baoshan Iron & Steel Co., Ltd. Class A
     36,900   39,236
BeiGene, Ltd. ADR (c)
     200   37,720
Beijing New Building Materials PLC Class A
     1,600   7,639
Beijing Wantai Biological Pharmacy Enterprise Co., Ltd. Class A
     200   8,759
BGI Genomics Co., Ltd. Class A
     500   6,355
Bilibili, Inc. ADR (c)
     600   15,348
BOE Technology Group Co., Ltd. Class A
     84,100   57,099
BYD Co., Ltd. Class A
     2,000   72,400
Caitong Securities Co., Ltd. Class A
     4,700   6,278
CGN Power Co., Ltd. Class A
     95,200   40,941
Chaozhou Three-Circle Group Co., Ltd. Class A
     1,500   6,614
China Baoan Group Co., Ltd. Class A
     3,700   6,522
China CITIC Bank Corp., Ltd. Class H
     138,000   69,957
See accompanying notes to financial statements.
9

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
China Construction Bank Corp. Class H
     281,000   $ 211,340
China Eastern Airlines Corp., Ltd. Class A (c)
     18,000   13,270
China Feihe, Ltd. (b)
     8,000   7,927
China Gas Holdings, Ltd.
     9,400   12,051
China Hongqiao Group, Ltd.
     8,000   10,685
China International Marine Containers Group Co., Ltd. Class H
     21,900   35,850
China Jushi Co., Ltd. Class A
     3,100   7,442
China Lesso Group Holdings, Ltd.
     10,000   12,156
China Life Insurance Co., Ltd. Class H
     35,000   53,809
China Literature, Ltd. (b)(c)
     2,000   8,338
China Longyuan Power Group Corp., Ltd. Class H
     11,000   25,058
China Mengniu Dairy Co., Ltd. (c)
     12,000   64,663
China Merchants Bank Co., Ltd. Class A
     21,000   154,818
China Merchants Port Holdings Co., Ltd.
     8,000   14,506
China Merchants Securities Co., Ltd. Class A
     2,900   6,610
China Merchants Shekou Industrial Zone Holdings Co., Ltd. Class A
     10,700   25,553
China Minsheng Banking Corp., Ltd. Class A
     58,800   35,383
China Molybdenum Co., Ltd. Class A
     36,100   29,628
China National Building Material Co., Ltd. Class H
     16,000   19,899
China National Chemical Engineering Co., Ltd. Class A
     7,900   11,997
China National Nuclear Power Co., Ltd. Class A
     15,100   19,291
China Oilfield Services, Ltd. Class H
     16,000   16,406
China Overseas Land & Investment, Ltd.
     30,500   91,328
China Pacific Insurance Group Co., Ltd. Class A
     11,500   41,521
China Resources Beer Holdings Co., Ltd.
     6,000   36,813
China Resources Cement Holdings, Ltd.
     28,000   23,347
China Resources Land, Ltd.
     8,000   37,286
China Resources Power Holdings Co., Ltd.
     8,000   15,057
China State Construction Engineering Corp., Ltd. Class A
     104,000   89,123
China Suntien Green Energy Corp., Ltd. Class H
     12,000   6,788
China Taiping Insurance Holdings Co., Ltd.
     10,600   12,980
China Three Gorges Renewables Group Co., Ltd. Class A
     21,900   21,182
China Tourism Group Duty Free Corp., Ltd. Class A
     900   23,304
China Tower Corp., Ltd. Class H (b)
     280,000   31,463
China United Network Communications, Ltd. Class A
     40,500   22,776
China Vanke Co., Ltd. Class A
     17,400   52,490
China Yangtze Power Co., Ltd. Class A
     11,900   41,241
China Zhenhua Group Science & Technology Co., Ltd. Class A
     800   14,291
Chongqing Brewery Co., Ltd. Class A (c)
     600   10,135
Chongqing Zhifei Biological Products Co., Ltd. Class A
     1,400   30,434
CIFI Holdings Group Co., Ltd.
     26,000   15,305
See accompanying notes to financial statements.
10

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
CITIC Securities Co., Ltd. Class A
     12,910   $ 42,504
CITIC, Ltd.
     8,000   8,898
CNOOC Energy Technology & Services, Ltd. Class A
     76,400   31,652
Contemporary Amperex Technology Co., Ltd. Class A
     2,300   185,613
COSCO SHIPPING Development Co., Ltd. Class A
     31,800   16,531
COSCO SHIPPING Holdings Co., Ltd. Class A (c)
     13,300   32,474
Country Garden Holdings Co., Ltd.
     53,000   40,809
Country Garden Services Holdings Co., Ltd.
     6,000   25,743
CSPC Pharmaceutical Group, Ltd.
     26,000   30,046
Dali Foods Group Co., Ltd. (b)
     23,000   12,071
Datang International Power Generation Co., Ltd. Class A
     37,900   14,209
Dongfeng Motor Group Co., Ltd. Class H
     12,000   9,025
East Money Information Co., Ltd. Class A
     4,400   17,564
ENN Energy Holdings, Ltd.
     2,500   37,509
Eve Energy Co., Ltd. Class A
     1,600   20,332
Flat Glass Group Co., Ltd. Class A
     2,100   14,886
Foshan Haitian Flavouring & Food Co., Ltd. Class A
     1,100   15,148
Foxconn Industrial Internet Co., Ltd. Class A
     26,200   41,891
Fuyao Glass Industry Group Co., Ltd. Class A
     3,900   21,859
Ganfeng Lithium Co., Ltd. Class A
     1,500   29,690
G-bits Network Technology Xiamen Co., Ltd. Class A
     300   17,037
GD Power Development Co., Ltd. Class A
     37,500   14,886
GDS Holdings, Ltd. ADR (c)
     600   23,550
Geely Automobile Holdings, Ltd.
     19,000   29,987
GEM Co., Ltd. Class A
     12,600   16,633
Genscript Biotech Corp. (c)
     4,000   12,820
Ginlong Technologies Co., Ltd. Class A
     200   6,605
GoerTek, Inc. Class A
     3,000   16,257
Great Wall Motor Co., Ltd. Class H
     9,000   14,434
Gree Electric Appliances, Inc. of Zhuhai Class A
     4,900   24,932
Guangdong Investment, Ltd.
     26,000   35,590
Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd. Class A
     4,800   23,712
Guangzhou Kingmed Diagnostics Group Co., Ltd. Class A
     1,100   12,727
Guangzhou Tinci Materials Technology Co., Ltd. Class A
     600   8,885
Guoxuan High-Tech Co., Ltd. Class A (c)
     2,000   10,841
Guoyuan Securities Co., Ltd. Class A
     8,900   10,024
Haidilao International Holding, Ltd. (b)(c)
     4,000   7,845
Haier Smart Home Co., Ltd. Class A
     10,800   39,300
Haitong Securities Co., Ltd. Class A
     21,100   34,235
Hang Zhou Great Star Industrial Co., Ltd. Class A (c)
     2,500   6,482
Hangzhou First Applied Material Co., Ltd. Class A
     800   14,302
See accompanying notes to financial statements.
11

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Hangzhou Tigermed Consulting Co., Ltd. Class A
     1,400   $ 23,730
Hansoh Pharmaceutical Group Co., Ltd. (b)
     8,000   13,402
Henan Shuanghui Investment & Development Co., Ltd. Class A
     2,200   10,071
Hengan International Group Co., Ltd.
     9,000   41,602
Hengli Petrochemical Co., Ltd. Class A
     3,600   11,790
Hua Hong Semiconductor, Ltd. (b)(c)
     4,000   17,008
Huadong Medicine Co., Ltd. Class A
     2,000   10,529
Huafon Chemical Co., Ltd. Class A
     6,400   9,185
Huaneng Power International, Inc. Class H (c)
     30,000   12,833
Huatai Securities Co., Ltd. Class A
     20,400   47,818
Huaxin Cement Co., Ltd. Class A
     4,900   15,252
Huayu Automotive Systems Co., Ltd. Class A
     5,000   15,713
Huazhu Group, Ltd. ADR
     300   9,897
Hunan Valin Steel Co., Ltd. Class A
     14,100   12,216
Hundsun Technologies, Inc. Class A
     2,100   14,708
Iflytek Co., Ltd. Class A
     2,800   20,541
Industrial & Commercial Bank of China, Ltd. Class H
     198,000   121,610
Industrial Bank Co., Ltd. Class A
     22,700   73,913
Industrial Securities Co., Ltd. Class A
     16,500   19,962
Inner Mongolia Yili Industrial Group Co., Ltd. Class A
     10,300   59,855
Innovent Biologics, Inc. (b)(c)
     2,500   8,603
Inspur Electronic Information Industry Co., Ltd. Class A
     1,600   6,843
JA Solar Technology Co., Ltd. Class A
     1,300   16,113
Jason Furniture Hangzhou Co., Ltd. Class A
     1,400   13,521
JCET Group Co., Ltd. Class A
     2,800   10,842
JD Logistics, Inc. (b)(c)
     3,700   9,137
JD.com, Inc. ADR (c)
     2,700   156,249
Jiangsu Hengli Hydraulic Co., Ltd. Class A
     600   4,920
Jiangsu Hengrui Medicine Co., Ltd. Class A
     5,100   29,581
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. Class A
     1,200   25,639
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. Class A
     1,500   6,576
Jiangxi Copper Co., Ltd. Class A
     2,400   7,289
KE Holdings, Inc. ADR (c)
     1,100   13,607
Kingdee International Software Group Co., Ltd. (c)
     13,000   28,917
Kingsoft Corp., Ltd.
     3,400   11,027
Kuaishou Technology (b)(c)
     1,900   18,002
Kunlun Energy Co., Ltd.
     26,000   22,675
Kweichow Moutai Co., Ltd. Class A
     900   243,711
LB Group Co., Ltd. Class A
     2,300   8,380
Lenovo Group, Ltd.
     52,000   56,572
Lens Technology Co., Ltd. Class A
     3,600   6,618
Li Auto, Inc. ADR (c)
     1,700   43,877
See accompanying notes to financial statements.
12

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Li Ning Co., Ltd.
     8,000   $ 69,055
Lingyi iTech Guangdong Co. Class A (c)
     6,900   5,522
Livzon Pharmaceutical Group, Inc. Class A
     3,500   21,227
Logan Group Co., Ltd.
     28,000   7,973
Longfor Group Holdings, Ltd. (b)
     8,000   41,168
LONGi Green Energy Technology Co., Ltd. Class A
     6,800   77,329
Lufax Holding, Ltd. ADR (c)
     1,600   8,912
Luxshare Precision Industry Co., Ltd. Class A
     8,000   39,949
Luzhou Laojiao Co., Ltd. Class A
     700   20,497
Mango Excellent Media Co., Ltd. Class A
     1,400   6,872
Maxscend Microelectronics Co., Ltd. Class A
     400   13,227
Meinian Onehealth Healthcare Holdings Co., Ltd. Class A (c)
     12,200   11,320
Meituan Class B (b)(c)
     12,700   252,333
Microport Scientific Corp. (c)
     3,600   8,173
Ming Yang Smart Energy Group, Ltd. Class A
     2,100   7,334
Minth Group, Ltd.
     2,000   4,934
Muyuan Foods Co., Ltd. Class A
     5,700   51,055
NARI Technology Co., Ltd. Class A
     3,200   15,874
NAURA Technology Group Co., Ltd. Class A
     700   30,214
NavInfo Co., Ltd. Class A (c)
     2,800   6,162
NetEase, Inc. ADR
     1,300   116,597
New China Life Insurance Co., Ltd. Class A
     2,300   12,801
New Hope Liuhe Co., Ltd. Class A (c)
     7,400   19,794
Ninestar Corp. Class A
     1,200   8,079
Ningbo Tuopu Group Co., Ltd. Class A
     1,200   10,737
NIO, Inc. ADR (c)
     3,800   79,990
Nongfu Spring Co., Ltd. Class H (b)
     5,000   26,656
Orient Securities Co., Ltd. Class A
     8,300   14,356
Pharmaron Beijing Co., Ltd. Class A
     700   13,012
PICC Property & Casualty Co., Ltd. Class H
     66,000   67,589
Pinduoduo, Inc. ADR (c)
     1,100   44,121
Ping An Bank Co., Ltd. Class A
     22,200   53,786
Ping An Healthcare & Technology Co., Ltd. (b)(c)
     3,200   8,417
Ping An Insurance Group Co. of China, Ltd. Class A
     20,400   155,697
Poly Developments & Holdings Group Co., Ltd. Class A
     14,000   39,035
Postal Savings Bank of China Co., Ltd. Class H (b)
     39,000   31,623
Power Construction Corp. of China, Ltd. Class A
     8,100   9,302
Proya Cosmetics Co., Ltd. Class A
     500   14,849
Red Star Macalline Group Corp., Ltd. Class A (c)
     8,900   11,370
Rongsheng Petrochemical Co., Ltd. Class A
     3,600   8,110
Sangfor Technologies, Inc. Class A
     700   12,302
Sany Heavy Industry Co., Ltd. Class A
     10,400   28,703
See accompanying notes to financial statements.
13

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
SF Holding Co., Ltd. Class A
     4,600   $ 33,115
SG Micro Corp. Class A
     200   10,287
Shandong Gold Mining Co., Ltd. Class A
     3,600   12,193
Shandong Hualu Hengsheng Chemical Co., Ltd. Class A
     2,000   10,261
Shandong Linglong Tyre Co., Ltd. Class A
     2,900   10,082
Shandong Weigao Group Medical Polymer Co., Ltd. Class H
     8,000   8,571
Shanghai Electric Group Co., Ltd. Class A
     10,000   6,364
Shanghai Fosun Pharmaceutical Group Co., Ltd. Class A
     3,700   31,083
Shanghai Pudong Development Bank Co., Ltd. Class A
     56,100   70,698
Shanxi Taigang Stainless Steel Co., Ltd. Class A
     16,600   17,520
Shanxi Xinghuacun Fen Wine Factory Co., Ltd. Class A
     900   36,138
Shennan Circuits Co., Ltd. Class A
     900   12,866
Shenzhen Inovance Technology Co., Ltd. Class A
     2,400   21,550
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Class A
     1,400   67,760
Shenzhen Overseas Chinese Town Co., Ltd. Class A
     11,300   13,101
Shenzhen Transsion Holdings Co., Ltd. Class A
     394   5,934
Shenzhou International Group Holdings, Ltd.
     2,600   34,793
Sichuan Kelun Pharmaceutical Co., Ltd. Class A
     6,400   17,472
Sinolink Securities Co., Ltd. Class A
     6,600   9,981
Sinopec Shanghai Petrochemical Co., Ltd. Class A
     39,300   21,792
Sinopharm Group Co., Ltd. Class H
     5,600   12,785
Skshu Paint Co., Ltd. Class A
     500   6,982
Sunac China Holdings, Ltd.
     11,000   6,433
Sungrow Power Supply Co., Ltd. Class A
     2,000   33,793
Sunny Optical Technology Group Co., Ltd.
     2,000   32,204
Sunwoda Electronic Co., Ltd. Class A
     2,800   12,130
TCL Technology Group Corp Class A
     49,600   38,364
Tencent Holdings, Ltd.
     19,200   917,415
Tencent Music Entertainment Group ADR (c)
     1,200   5,844
Tianfeng Securities Co., Ltd. Class A
     24,200   13,228
Tianjin Zhonghuan Semiconductor Co., Ltd. Class A
     3,400   22,870
Tianma Microelectronics Co., Ltd. Class A
     22,500   37,039
Tingyi Cayman Islands Holding Corp.
     4,000   6,742
Tongcheng Travel Holdings, Ltd. (c)
     9,200   16,447
Tongwei Co., Ltd. Class A
     2,900   19,502
Topsports International Holdings, Ltd. (b)
     16,000   13,382
Trip.com Group, Ltd. ADR (c)
     1,700   39,304
Tsingtao Brewery Co., Ltd. Class A
     1,300   16,180
Universal Scientific Industrial Shanghai Co., Ltd. Class A
     5,900   11,264
Vipshop Holdings, Ltd. ADR (c)
     2,200   19,800
Walvax Biotechnology Co., Ltd. Class A
     1,000   8,644
Wanhua Chemical Group Co., Ltd. Class A
     4,100   52,244
See accompanying notes to financial statements.
14

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Want Want China Holdings, Ltd.
     48,000   $ 44,375
Weichai Power Co., Ltd. Class A
     13,400   28,180
Weihai Guangwei Composites Co., Ltd. Class A
     1,300   12,074
Wens Foodstuffs Group Co., Ltd. Class A (c)
     7,200   25,009
Will Semiconductor Co., Ltd. Shanghai Class A
     900   27,419
Wingtech Technology Co., Ltd. Class A
     1,300   16,649
Wuchan Zhongda Group Co., Ltd. Class A
     14,200   11,945
Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd. Class A
     4,400   16,254
Wuliangye Yibin Co., Ltd. Class A
     3,700   90,377
WUS Printed Circuit Kunshan Co., Ltd. Class A
     5,500   11,471
WuXi AppTec Co., Ltd. Class A
     2,900   51,339
Wuxi Biologics Cayman, Inc. (b)(c)
     11,000   91,369
Wuxi Lead Intelligent Equipment Co., Ltd. Class A
     1,300   11,968
Xiamen Faratronic Co., Ltd. Class A
     300   9,498
Xiaomi Corp. Class B (b)(c)
     51,600   91,849
Xinjiang Goldwind Science & Technology Co., Ltd. Class A
     12,100   25,027
Xinyi Solar Holdings, Ltd.
     18,000   31,764
XPeng, Inc. ADR (c)
     1,500   41,385
Yadea Group Holdings, Ltd. (b)
     10,000   15,476
Yihai International Holding, Ltd. (c)
     2,000   5,746
Yonyou Network Technology Co., Ltd. Class A
     3,300   11,904
YTO Express Group Co., Ltd. Class A
     3,900   10,598
Yunda Holding Co., Ltd. Class A
     2,800   7,745
Yunnan Baiyao Group Co., Ltd. Class A
     700   9,022
Zai Lab, Ltd. ADR (c)
     200   8,796
Zhangzhou Pientzehuang Pharmaceutical Co., Ltd. Class A
     500   24,986
Zhejiang Century Huatong Group Co., Ltd. Class A (c)
     8,800   8,692
Zhejiang Chint Electrics Co., Ltd. Class A
     1,800   11,223
Zhejiang Huayou Cobalt Co., Ltd. Class A
     1,300   20,028
Zhejiang Jiuzhou Pharmaceutical Co., Ltd. Class A
     1,000   7,637
Zhuzhou CRRC Times Electric Co., Ltd.
     1,600   6,282
Zoomlion Heavy Industry Science & Technology Co., Ltd. Class A (c)
     6,700   7,008
ZTE Corp. Class A
     14,700   55,344
ZTO Express Cayman, Inc. ADR
     2,000   50,000
          9,506,378
COLOMBIA — 0.3%          
Bancolombia SA
     441   5,096
Bancolombia SA Preference Shares
     1,292   13,874
Ecopetrol SA
     35,325   33,295
Grupo Argos SA
     4,414   16,322
See accompanying notes to financial statements.
15

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Grupo de Inversiones Suramericana SA
     1,029   $ 9,765
          78,352
CZECH REPUBLIC — 0.4%          
CEZ A/S
     1,973   83,225
Komercni banka A/S
     573   22,369
          105,594
EGYPT — 0.1%          
Commercial International Bank Egypt SAE (c)
     6,566   16,591
GREECE — 0.7%          
Alpha Services & Holdings SA (c)
     15,090   18,738
Eurobank Ergasias Services & Holdings SA Class A (c)
     20,408   24,126
Hellenic Telecommunications Organization SA
     4,817   87,898
National Bank of Greece SA (c)
     6,245   23,305
OPAP SA
     1,966   28,875
Public Power Corp. SA (c)
     866   7,323
          190,265
HONG KONG — 0.1%          
Nine Dragons Paper Holdings, Ltd.
     15,000   13,101
Sino Biopharmaceutical, Ltd.
     14,000   8,742
          21,843
HUNGARY — 0.3%          
MOL Hungarian Oil & Gas PLC
     7,117   63,179
OTP Bank Nyrt (c)
     538   19,797
          82,976
INDIA — 13.0%          
ABB India, Ltd.
     1,111   31,640
ACC, Ltd.
     1,189   33,757
Adani Green Energy, Ltd. (c)
     2,082   52,608
Adani Power, Ltd. (c)
     4,041   9,871
Adani Total Gas, Ltd.
     784   22,243
Adani Transmission, Ltd. (c)
     761   23,783
Ambuja Cements, Ltd.
     7,563   29,868
Apollo Hospitals Enterprise, Ltd.
     315   18,774
Ashok Leyland, Ltd.
     8,077   12,498
Asian Paints, Ltd.
     1,693   68,814
Axis Bank, Ltd. (c)
     8,857   88,967
Bajaj Auto, Ltd.
     366   17,644
Bajaj Finance, Ltd.
     723   69,270
Bajaj Finserv, Ltd.
     57   12,833
See accompanying notes to financial statements.
16

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Balkrishna Industries, Ltd.
     315   $ 8,880
Bharat Electronics, Ltd.
     5,515   15,342
Bharat Petroleum Corp., Ltd.
     6,084   28,852
Bharti Airtel, Ltd. (c)
     7,460   74,324
Bosch, Ltd.
     49   9,337
Britannia Industries, Ltd.
     148   6,263
Cipla, Ltd.
     2,371   31,855
Dabur India, Ltd.
     1,580   11,180
Dalmia Bharat, Ltd.
     427   8,428
Divi's Laboratories, Ltd.
     307   17,835
DLF, Ltd.
     4,308   21,630
Dr Reddy's Laboratories, Ltd. ADR
     618   34,441
Eicher Motors, Ltd.
     526   17,057
Godrej Consumer Products, Ltd. (c)
     2,054   20,257
Grasim Industries, Ltd.
     1,413   31,029
Havells India, Ltd.
     1,557   23,682
HCL Technologies, Ltd.
     4,386   67,360
HDFC Bank, Ltd. ADR
     4,762   292,053
Hero MotoCorp, Ltd.
     673   20,376
Hindalco Industries, Ltd.
     7,743   58,194
Hindustan Petroleum Corp., Ltd.
     2,980   10,593
Hindustan Unilever, Ltd.
     2,908   78,621
Housing Development Finance Corp., Ltd.
     5,618   177,226
ICICI Bank, Ltd. ADR
     9,997   189,343
ICICI Lombard General Insurance Co., Ltd. (b)
     593   10,395
IDFC First Bank, Ltd. (c)
     52,193   27,345
Indian Oil Corp., Ltd.
     13,127   20,606
Indus Towers, Ltd. (c)
     2,777   8,138
IndusInd Bank, Ltd.
     1,406   17,356
Info Edge India, Ltd.
     159   9,462
Infosys, Ltd. ADR
     13,938   346,917
JSW Energy, Ltd.
     1,528   6,094
JSW Steel, Ltd.
     6,157   59,531
Jubilant Foodworks, Ltd.
     184   6,402
Kotak Mahindra Bank, Ltd.
     3,879   89,781
Mahindra & Mahindra, Ltd. GDR
     3,958   43,934
Marico, Ltd.
     5,945   39,518
Maruti Suzuki India, Ltd.
     317   31,632
Nestle India, Ltd.
     181   41,516
NTPC, Ltd.
     8,865   15,794
Power Grid Corp. of India, Ltd.
     3,619   10,354
REC, Ltd.
     9,353   15,188
See accompanying notes to financial statements.
17

Table of Contents
SPDR BLOOMBERG SASB EMERGING MARKETS ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2022 (Unaudited)
Security Description     Shares   Value
Reliance Industries, Ltd. GDR (b)
     4,584   $ 316,296
SBI Cards & Payment Services, Ltd.
     706   7,935
Shree Cement, Ltd.
     153   48,525
Siemens, Ltd.
     481   15,033
SRF, Ltd.
     208   7,355
State Bank of India GDR
     1,058   68,029
Sun Pharmaceutical Industries, Ltd.
     1,842   22,236
Tata Consumer Products, Ltd.
     3,491   35,815
Tata Motors, Ltd. ADR (c)
     1,039   29,040
Tata Motors, Ltd. (c)
     254   692
Tata Power Co., Ltd.
     7,597   23,926
Tata Steel, Ltd. GDR
     3,543   59,877
Tech Mahindra, Ltd.
     3,614   71,515
Titan Co., Ltd.
     1,240   41,502
UltraTech Cement, Ltd.
     546   47,573
United Spirits, Ltd. (c)
     3,260   38,219
Vedanta, Ltd.
     6,488   34,536
Voltas, Ltd.
     1,227   20,166
Wipro, Ltd. ADR
     10,441   80,500
Yes Bank, Ltd. (c)
     127,379   20,677
          3,536,138
INDONESIA — 1.3%