Semi-Annual Report
March 31, 2023
SPDR® Index Shares Funds
SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF
SPDR Bloomberg SASB Emerging Markets ESG Select ETF
SPDR EURO STOXX 50 ETF
SPDR MSCI ACWI Climate Paris Aligned ETF
SPDR MSCI ACWI ex-US 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 Emerging Markets Dividend ETF
SPDR S&P Emerging Markets Small Cap ETF
SPDR S&P Global Dividend ETF
SPDR S&P Global Infrastructure 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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4

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8

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10

11

12

13

14

15

16
Schedules of Investments (Unaudited)  

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53

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92

102

117

132

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239

251
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 Bloomberg SASB Developed Markets Ex US ESG Select ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Nestle SA 2.2%  
  ASML Holding NV 1.7  
  Novo Nordisk AS Class B 1.6  
  Novartis AG 1.5  
  LVMH Moet Hennessy Louis Vuitton SE 1.3  
  AstraZeneca PLC 1.3  
  Roche Holding AG 1.2  
  Shell PLC 1.2  
  Toyota Motor Corp. 1.1  
  SAP SE 1.1  
  TOTAL 14.2%  
(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.
1


Table of Contents
SPDR Bloomberg SASB Emerging Markets ESG Select ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co. Ltd. 5.4%  
  Samsung Electronics Co. Ltd. 3.0  
  Alibaba Group Holding Ltd. 2.4  
  International Holding Co. PJSC 1.2  
  Kweichow Moutai Co. Ltd. Class A 1.1  
  HDFC Bank Ltd. ADR 1.1  
  Reliance Industries Ltd. GDR 1.1  
  Meituan Class B 1.0  
  Al Rajhi Bank 1.0  
  ICICI Bank Ltd. ADR 0.9  
  TOTAL 18.2%  
(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.
2


Table of Contents
SPDR EURO STOXX 50 ETF
Portfolio Statistics (Unaudited)

     
  Description % of Net Assets  
  ASML Holding NV 8.2%  
  LVMH Moet Hennessy Louis Vuitton SE 7.1  
  TotalEnergies SE 4.4  
  SAP SE 3.8  
  Sanofi 3.7  
  Siemens AG 3.6  
  L'Oreal SA 3.2  
  Schneider Electric SE 2.8  
  Allianz SE 2.8  
  Air Liquide SA 2.6  
  TOTAL 42.2%  
(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.
3


Table of Contents
SPDR MSCI ACWI Climate Paris Aligned ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Apple, Inc. 4.6%  
  Microsoft Corp. 3.7  
  Amazon.com, Inc. 1.5  
  Alphabet, Inc. Class C 1.3  
  NVIDIA Corp. 1.3  
  Tesla, Inc. 1.0  
  Meta Platforms, Inc. Class A 0.8  
  Alphabet, Inc. Class A 0.8  
  UnitedHealth Group, Inc. 0.8  
  Edison International 0.8  
  TOTAL 16.6%  
(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.
4


Table of Contents
SPDR MSCI ACWI ex-US ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co. Ltd. ADR 1.9%  
  Nestle SA 1.5  
  Tencent Holdings Ltd. 1.3  
  ASML Holding NV 1.2  
  Novo Nordisk AS Class B 1.1  
  LVMH Moet Hennessy Louis Vuitton SE 1.1  
  Samsung Electronics Co. Ltd. GDR 1.1  
  Shell PLC 0.9  
  Roche Holding AG 0.9  
  Novartis AG 0.9  
  TOTAL 11.9%  
(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.
5


Table of Contents
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Nestle SA 2.4%  
  ASML Holding NV 1.9  
  Novo Nordisk AS Class B 1.8  
  LVMH Moet Hennessy Louis Vuitton SE 1.8  
  AstraZeneca PLC 1.5  
  Roche Holding AG 1.4  
  Novartis AG 1.4  
  Toyota Motor Corp. 1.0  
  HSBC Holdings PLC 1.0  
  Unilever PLC 0.9  
  TOTAL 15.1%  
(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 MSCI EAFE StrategicFactors ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Novo Nordisk AS Class B 2.8%  
  Nestle SA 2.5  
  Roche Holding AG 2.0  
  Novartis AG 1.9  
  ASML Holding NV 1.8  
  LVMH Moet Hennessy Louis Vuitton SE 1.7  
  BHP Group Ltd. 1.5  
  Unilever PLC 1.3  
  GSK PLC 1.0  
  L'Oreal SA 1.0  
  TOTAL 17.5%  
(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.
7


Table of Contents
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co. Ltd. 7.0%  
  Tencent Holdings Ltd. 4.9  
  Samsung Electronics Co. Ltd. 3.7  
  Alibaba Group Holding Ltd. 3.0  
  Meituan Class B 1.4  
  Infosys Ltd. 1.0  
  Vale SA 1.0  
  ICICI Bank Ltd. 0.9  
  China Construction Bank Corp. Class H 0.8  
  Baidu, Inc. Class A 0.8  
  TOTAL 24.5%  
(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.
8


Table of Contents
SPDR MSCI Emerging Markets StrategicFactors ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co. Ltd. 3.0%  
  Vale SA ADR 2.1  
  Tata Consultancy Services Ltd. 1.9  
  Samsung Electronics Co. Ltd. 1.7  
  China Construction Bank Corp. Class H 1.6  
  Al Rajhi Bank 1.6  
  MediaTek, Inc. 1.5  
  Bank of China Ltd. Class H 1.2  
  Bank Central Asia Tbk PT 1.2  
  Hindustan Unilever Ltd. 1.1  
  TOTAL 16.9%  
(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.
9


Table of Contents
SPDR MSCI World StrategicFactors ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Microsoft Corp. 2.6%  
  Apple, Inc. 2.4  
  NVIDIA Corp. 1.5  
  Meta Platforms, Inc. Class A 1.4  
  Johnson & Johnson 1.4  
  Nestle SA 1.3  
  UnitedHealth Group, Inc. 1.2  
  Home Depot, Inc. 1.2  
  Visa, Inc. Class A 1.2  
  Merck & Co., Inc. 1.2  
  TOTAL 15.4%  
(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.
10


Table of Contents
SPDR S&P Emerging Asia Pacific ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Taiwan Semiconductor Manufacturing Co. Ltd. ADR 6.1%  
  Tencent Holdings Ltd. 5.4  
  Alibaba Group Holding Ltd. 3.5  
  Reliance Industries Ltd. GDR 1.9  
  Meituan Class B 1.6  
  Infosys Ltd. ADR 1.4  
  Housing Development Finance Corp. Ltd. 1.2  
  China Construction Bank Corp. Class H 1.1  
  ICICI Bank Ltd. ADR 1.0  
  HDFC Bank Ltd. 1.0  
  TOTAL 24.2%  
(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.
11


Table of Contents
SPDR S&P Emerging Markets Dividend ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  ASE Technology Holding Co. Ltd. 4.8%  
  Agricultural Bank of China Ltd. Class H 3.6  
  Bank of China Ltd. Class H 3.6  
  Quanta Computer, Inc. 3.6  
  China Construction Bank Corp. Class H 3.4  
  Industrial & Commercial Bank of China Ltd. Class H 3.3  
  PetroChina Co. Ltd. Class H 3.3  
  China Petroleum & Chemical Corp. Class H 3.2  
  Zhen Ding Technology Holding Ltd. 3.0  
  Banco do Brasil SA 2.9  
  TOTAL 34.7%  
(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.
12


Table of Contents
SPDR S&P Emerging Markets Small Cap ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Alchip Technologies Ltd. 0.3%  
  Gigabyte Technology Co. Ltd. 0.3  
  Corp. Inmobiliaria Vesta SAB de CV 0.3  
  International Games System Co. Ltd. 0.3  
  MINISO Group Holding Ltd. ADR 0.3  
  King Yuan Electronics Co. Ltd. 0.2  
  Motor Oil Hellas Corinth Refineries SA 0.2  
  Cia de Minas Buenaventura SAA ADR 0.2  
  Topco Scientific Co. Ltd. 0.2  
  Radiant Opto-Electronics Corp. 0.2  
  TOTAL 2.5%  
(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.
13


Table of Contents
SPDR S&P Global Dividend ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  New World Development Co. Ltd. 1.6%  
  Adecco Group AG 1.5  
  Lenovo Group Ltd. 1.5  
  A2A SpA 1.5  
  Legal & General Group PLC 1.3  
  Guangdong Investment Ltd. 1.3  
  Janus Henderson Group PLC 1.3  
  BASF SE 1.3  
  Bouygues SA 1.3  
  Longfor Group Holdings Ltd. 1.2  
  TOTAL 13.8%  
(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.
14


Table of Contents
SPDR S&P Global Infrastructure ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  NextEra Energy, Inc. 5.0%  
  Enbridge, Inc. 5.0  
  Aena SME SA 4.9  
  Transurban Group Stapled Security 4.8  
  Southern Co. 3.2  
  Duke Energy Corp. 3.1  
  Grupo Aeroportuario del Pacifico SAB de CV ADR 3.1  
  Iberdrola SA 3.1  
  Getlink SE 2.9  
  Auckland International Airport Ltd. 2.9  
  TOTAL 38.0%  
(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.
15


Table of Contents
SPDR S&P International Dividend ETF
Portfolio Statistics (Unaudited)
Top Ten Holdings as of March 31, 2023

     
  Description % of Net Assets  
  Algonquin Power & Utilities Corp. 3.3%  
  Enel SpA 1.9  
  China Construction Bank Corp. Class H 1.9  
  Bouygues SA 1.8  
  Enagas SA 1.7  
  Telenor ASA 1.7  
  E.ON SE 1.6  
  BCE, Inc. 1.6  
  TC Energy Corp. 1.6  
  Red Electrica Corp. SA 1.6  
  TOTAL 18.7%  
(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.
16


Table of Contents
SPDR BLOOMBERG SASB DEVELOPED MARKETS EX US ESG SELECT ETF
SCHEDULE OF INVESTMENTS
March 31, 2023 (Unaudited)

Security Description     Shares   Value
COMMON STOCKS — 99.1%        
AUSTRALIA — 5.8%  
BHP Group Ltd.

    4,192   $ 132,603
Brambles Ltd.

    963   8,662
Commonwealth Bank of Australia

    1,532   100,882
Dexus REIT

    4,373   21,995
Flutter Entertainment PLC (a)

    44   8,014
Fortescue Metals Group Ltd.

    1,208   18,196
Goodman Group REIT

    370   4,656
GPT Group REIT

    14,543   41,298
IGO Ltd.

    394   3,370
Macquarie Group Ltd.

    244   28,706
Mineral Resources Ltd.

    109   5,883
Mirvac Group REIT

    7,913   11,023
National Australia Bank Ltd.

    3,519   65,332
Newcrest Mining Ltd.

    611   10,988
Northern Star Resources Ltd.

    431   3,553
Origin Energy Ltd.

    728   4,042
Pilbara Minerals Ltd.

    1,124   2,966
QBE Insurance Group Ltd.

    654   6,391
Rio Tinto Ltd.

    340   27,358
Rio Tinto PLC

    832   56,354
Stockland REIT

    9,686   25,819
Suncorp Group Ltd.

    1,509   12,239
Transurban Group Stapled Security

    3,481   33,129
Vicinity Ltd. REIT

    8,288   10,796
Wesfarmers Ltd.

    578   19,453
Westpac Banking Corp.

    2,872   41,664
Woodside Energy Group Ltd.

    1,538   34,343
Woolworths Group Ltd.

    400   10,153
          749,868
AUSTRIA — 0.4%  
Erste Group Bank AG

    383   12,691
Mondi PLC

    1,846   29,262
OMV AG

    208   9,550
Verbund AG

    36   3,129
          54,632
BELGIUM — 0.9%  
Ageas SA

    69   2,988
Anheuser-Busch InBev SA

    878   58,503
KBC Group NV

    282   19,394
Solvay SA

    182   20,831
UCB SA

    79   7,076
Umicore SA

    217   7,358
          116,150
BRAZIL — 0.2%  
Wheaton Precious Metals Corp.

    287   13,803
Yara International ASA

    178   7,715
          21,518
CANADA — 8.8%  
Agnico Eagle Mines Ltd.

    301   15,324
Bank of Montreal

    834   74,184
Bank of Nova Scotia

    1,060   53,315
Security Description     Shares   Value
Barrick Gold Corp.

    1,543   $ 28,606
BCE, Inc.

    243   10,870
Brookfield Corp.

    400   13,014
CAE, Inc. (a)

    228   5,148
Cameco Corp.

    300   7,845
Canadian Imperial Bank of Commerce

    1,237   52,383
Canadian National Railway Co.

    803   94,620
Canadian Natural Resources Ltd.

    809   44,708
Canadian Pacific Railway Ltd.

    966   74,284
Cenovus Energy, Inc.

    1,142   19,898
CGI, Inc. (a)

    106   10,202
Enbridge, Inc.

    2,164   82,396
Franco-Nevada Corp.

    83   12,090
IGM Financial, Inc.

    416   12,415
Magna International, Inc.

    157   8,398
National Bank of Canada

    507   36,215
Nutrien Ltd.

    415   30,606
Open Text Corp.

    283   10,901
Power Corp. of Canada

    503   12,837
Royal Bank of Canada

    1,218   116,324
Saputo, Inc.

    168   4,341
Shopify, Inc. Class A (a)

    659   31,554
Sun Life Financial, Inc.

    642   29,952
Suncor Energy, Inc.

    1,027   31,842
TC Energy Corp.

    798   30,998
Teck Resources Ltd. Class B

    504   18,378
TELUS Corp. (b)

    827   16,395
TELUS Corp. (a)(b)

    20   396
Thomson Reuters Corp.

    124   16,111
Toronto-Dominion Bank

    1,791   107,128
Tourmaline Oil Corp.

    68   2,830
WSP Global, Inc.

    199   26,031
          1,142,539
CHILE — 0.0% (c)  
Antofagasta PLC

    284   5,552
CHINA — 0.4%  
Budweiser Brewing Co. APAC Ltd. (d)

    1,500   4,576
Prosus NV (a)

    590   46,114
          50,690
DENMARK — 2.5%  
AP Moller - Maersk AS Class A

    1   1,774
AP Moller - Maersk AS Class B

    3   5,445
Carlsberg AS Class B

    118   18,294
Chr Hansen Holding AS

    49   3,723
Coloplast AS Class B

    163   21,438
DSV AS

    91   17,605
Novo Nordisk AS Class B

    1,276   202,067
Novozymes AS Class B

    185   9,468
Orsted AS (d)

    140   11,912
Pandora AS

    28   2,677
Vestas Wind Systems AS

    898   26,063
          320,466
 
See accompanying notes to financial statements.
17


Table of Contents
SPDR BLOOMBERG SASB DEVELOPED MARKETS EX US ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2023 (Unaudited)

Security Description     Shares   Value
FINLAND — 1.7%  
Elisa Oyj

    100   $ 6,036
Fortum Oyj (a)

    351   5,383
Kesko Oyj Class A

    142   3,079
Kesko Oyj Class B

    266   5,724
Kone Oyj Class B

    337   17,574
Metso Outotec Oyj

    294   3,207
Neste Oyj (b)

    412   20,335
Nokia Oyj (b)

    8,056   39,522
Nordea Bank Abp

    2,326   24,818
Sampo Oyj Class A

    745   35,193
Stora Enso Oyj Class R

    1,703   22,166
UPM-Kymmene Oyj (a)

    1,073   36,080
          219,117
FRANCE — 10.2%  
Aeroports de Paris (a)

    25   3,576
Air Liquide SA

    406   68,017
Alstom SA

    376   10,245
Amundi SA (d)

    251   15,830
AXA SA

    2,604   79,682
BioMerieux

    85   8,958
BNP Paribas SA

    1,067   64,002
Bureau Veritas SA

    1,110   31,922
Capgemini SE

    205   38,030
Carrefour SA

    982   19,876
Cie de Saint-Gobain

    556   31,605
Cie Generale des Etablissements Michelin SCA

    1,266   38,712
Credit Agricole SA

    446   5,038
Danone SA

    1,541   95,950
Dassault Systemes SE

    238   9,794
Edenred

    100   5,926
Engie SA

    1,335   21,138
EssilorLuxottica SA

    163   29,397
Gecina SA REIT

    159   16,506
Hermes International

    15   30,377
Kering SA

    71   46,283
Legrand SA

    225   20,553
L'Oreal SA

    256   114,381
LVMH Moet Hennessy Louis Vuitton SE

    188   172,471
Orange SA

    569   6,770
Pernod Ricard SA

    274   62,127
Publicis Groupe SA

    127   9,904
Renault SA (a)

    286   11,683
Societe Generale SA

    780   17,614
Teleperformance

    108   26,014
TotalEnergies SE

    1,985   117,233
Veolia Environnement SA

    583   17,989
Vinci SA

    484   55,592
Vivendi SE

    501   5,062
Worldline SA (a)(d)

    198   8,413
          1,316,670
GERMANY — 8.9%  
adidas AG

    127   22,460
Security Description     Shares   Value
Allianz SE

    456   $ 105,426
BASF SE

    778   40,877
Bayerische Motoren Werke AG

    380   41,673
Bayerische Motoren Werke AG Preference Shares

    187   19,159
Beiersdorf AG

    125   16,290
Commerzbank AG (a)

    670   7,062
Covestro AG (d)

    178   7,374
Daimler Truck Holding AG (a)

    263   8,889
Deutsche Bank AG

    1,636   16,630
Deutsche Boerse AG

    124   24,175
Deutsche Lufthansa AG (a)

    839   9,352
Deutsche Post AG

    936   43,819
Deutsche Telekom AG

    3,034   73,672
E.ON SE

    1,388   17,342
Evonik Industries AG

    298   6,268
Fresenius Medical Care AG & Co. KGaA

    127   5,395
Fresenius SE & Co. KGaA

    189   5,103
Hapag-Lloyd AG (d)

    11   3,609
HeidelbergCement AG

    271   19,803
Henkel AG & Co. KGaA Preference Shares

    422   33,038
Henkel AG & Co. KGaA

    347   25,259
Infineon Technologies AG

    1,213   49,657
Knorr-Bremse AG

    104   6,924
Mercedes-Benz Group AG

    886   68,132
Merck KGaA

    164   30,566
MTU Aero Engines AG

    20   5,011
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen

    150   52,557
Porsche Automobil Holding SE Preference Shares

    71   4,082
Puma SE

    106   6,548
Rheinmetall AG

    32   9,512
RWE AG

    495   21,318
SAP SE

    1,068   134,668
Sartorius AG Preference Shares

    6   2,523
Siemens AG

    728   118,055
Siemens Healthineers AG (d)

    190   10,945
Symrise AG

    105   11,431
Telefonica Deutschland Holding AG

    3,614   11,139
Volkswagen AG

    36   6,180
Volkswagen AG Preference Shares

    157   21,431
Vonovia SE

    745   14,035
Zalando SE (a)(d)

    297   12,436
          1,149,825
HONG KONG — 1.6%  
AIA Group Ltd.

    9,600   101,076
CLP Holdings Ltd.

    2,000   14,446
Hong Kong Exchanges & Clearing Ltd.

    900   39,921
Link REIT

    700   4,503
Prudential PLC

    2,123   28,928
Swire Properties Ltd.

    4,000   10,293
 
See accompanying notes to financial statements.
18


Table of Contents
SPDR BLOOMBERG SASB DEVELOPED MARKETS EX US ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2023 (Unaudited)

Security Description     Shares   Value
Techtronic Industries Co. Ltd.

    1,000   $ 10,809
          209,976
IRELAND — 0.6%  
CRH PLC

    1,098   55,441
Kerry Group PLC Class A

    123   12,273
Kingspan Group PLC

    83   5,685
          73,399
ISRAEL — 0.1%  
Bank Hapoalim BM

    1,060   8,758
ITALY — 2.8%  
Assicurazioni Generali SpA

    2,379   47,506
Coca-Cola HBC AG (a)

    673   18,415
Enel SpA

    10,558   64,546
Eni SpA

    2,963   41,546
Ferrari NV

    17   4,604
Intesa Sanpaolo SpA ADR

    24,299   62,501
Mediobanca Banca di Credito Finanziario SpA

    719   7,240
Nexi SpA (a)(d)

    631   5,132
Poste Italiane SpA (d)

    2,591   26,495
Prysmian SpA

    277   11,647
Terna - Rete Elettrica Nazionale

    1,808   14,862
UniCredit SpA

    1,466   27,729
UnipolSai Assicurazioni SpA

    10,565   26,722
          358,945
JAPAN — 18.1%  
Advantest Corp.

    200   18,273
Aeon Co. Ltd.

    1,000   19,280
AGC, Inc.

    700   25,904
Ajinomoto Co., Inc.

    600   20,765
ANA Holdings, Inc. (a)

    200   4,322
Asahi Group Holdings Ltd.

    900   33,298
Asahi Kasei Corp.

    800   5,568
Astellas Pharma, Inc.

    1,900   26,882
Bandai Namco Holdings, Inc.

    300   6,421
Bridgestone Corp.

    1,300   52,424
Canon, Inc.

    1,600   35,531
Chugai Pharmaceutical Co. Ltd.

    400   9,828
Dai Nippon Printing Co. Ltd.

    400   11,135
Dai-ichi Life Holdings, Inc.

    1,100   20,125
Daiichi Sankyo Co. Ltd.

    1,500   54,347
Daikin Industries Ltd.

    300   53,321
Daiwa House Industry Co. Ltd.

    1,000   23,398
Daiwa Securities Group, Inc.

    1,100   5,133
Denso Corp.

    400   22,370
Eisai Co. Ltd.

    200   11,277
ENEOS Holdings, Inc.

    3,300   11,535
FANUC Corp.

    500   17,883
Fast Retailing Co. Ltd.

    100   21,700
Fuji Electric Co. Ltd.

    300   11,721
FUJIFILM Holdings Corp.

    400   20,131
Fujitsu Ltd.

    200   26,801
Hitachi Ltd.

    1,000   54,489
Honda Motor Co. Ltd.

    2,000   52,746
Security Description     Shares   Value
Hoya Corp.

    100   $ 10,940
Inpex Corp.

    1,000   10,497
ITOCHU Corp.

    100   3,232
Japan Real Estate Investment Corp. REIT

    8   31,738
JFE Holdings, Inc.

    600   7,569
Kansai Electric Power Co., Inc.

    400   3,880
Kao Corp.

    1,200   46,588
KDDI Corp.

    1,200   36,904
Keyence Corp.

    100   48,426
Kirin Holdings Co. Ltd.

    2,200   34,647
Komatsu Ltd.

    1,700   41,858
Kubota Corp.

    1,800   27,036
Kyocera Corp.

    300   15,526
Makita Corp.

    100   2,464
MEIJI Holdings Co. Ltd.

    400   9,482
MINEBEA MITSUMI, Inc.

    300   5,660
Mitsubishi Corp.

    600   21,419
Mitsubishi Electric Corp.

    2,800   33,209
Mitsubishi Estate Co. Ltd.

    1,500   17,768
Mitsubishi Heavy Industries Ltd.

    400   14,655
Mitsubishi UFJ Financial Group, Inc.

    7,400   47,144
Mitsui & Co. Ltd.

    700   21,649
Mitsui Fudosan Co. Ltd.

    500   9,332
Mitsui OSK Lines Ltd.

    200   4,974
Mizuho Financial Group, Inc.

    300   4,233
MS&AD Insurance Group Holdings, Inc.

    800   24,681
Murata Manufacturing Co. Ltd.

    400   24,164
NEC Corp.

    700   26,824
Nidec Corp.

    300   15,429
Nintendo Co. Ltd.

    600   23,132
Nippon Steel Corp.

    700   16,410
Nippon Telegraph & Telephone Corp.

    1,400   41,677
Nippon Yusen KK

    400   9,284
Nissan Motor Co. Ltd.

    3,100   11,672
Nissin Foods Holdings Co. Ltd.

    100   9,114
Nitto Denko Corp.

    100   6,424
Nomura Holdings, Inc.

    4,700   18,000
Nomura Research Institute Ltd.

    700   16,121
NTT Data Corp.

    1,000   13,014
Obayashi Corp.

    1,600   12,178
Olympus Corp.

    1,100   19,163
Omron Corp.

    300   17,372
Ono Pharmaceutical Co. Ltd.

    100   2,077
Oriental Land Co. Ltd.

    230   7,825
Panasonic Holdings Corp.

    2,800   24,867
Recruit Holdings Co. Ltd.

    1,100   30,168
Renesas Electronics Corp. (a)

    600   8,626
Secom Co. Ltd.

    200   12,268
Seiko Epson Corp.

    800   11,307
Sekisui Chemical Co. Ltd.

    1,800   25,372
Sekisui House Ltd.

    1,100   22,299
Shimadzu Corp.

    400   12,443
Shin-Etsu Chemical Co. Ltd.

    1,340   43,042
Shionogi & Co. Ltd.

    100   4,491
 
See accompanying notes to financial statements.
19


Table of Contents
SPDR BLOOMBERG SASB DEVELOPED MARKETS EX US ESG SELECT ETF
SCHEDULE OF INVESTMENTS  (continued)
March 31, 2023 (Unaudited)

Security Description     Shares   Value
Shiseido Co. Ltd.

    500   $ 23,221
SoftBank Corp.

    600   6,893
SoftBank Group Corp.

    600   23,362
Sompo Holdings, Inc.

    300   11,839
Sony Group Corp.

    1,200   108,062
Subaru Corp.

    300   4,766
Sumitomo Corp.

    200   3,518
Sumitomo Electric Industries Ltd.

    1,400   17,851
Sumitomo Metal Mining Co. Ltd.

    100   3,794
Sumitomo Mitsui Financial Group, Inc.

    400   15,923
Sumitomo Mitsui Trust Holdings, Inc.

    100   3,412
Sumitomo Realty & Development Co. Ltd.

    100   2,241
Suzuki Motor Corp.

    300   10,829
Sysmex Corp.

    200   12,988
Takeda Pharmaceutical Co. Ltd.

    2,000   65,369
TDK Corp.

    300   10,651
Terumo Corp.

    600   16,112
Tokio Marine Holdings, Inc.

    1,900   36,361
Tokyo Electron Ltd.

    300   36,156
TOPPAN, Inc.

    400   8,010
Toray Industries, Inc.

    1,600   9,093
TOTO Ltd.

    600   19,926
Toyota Motor Corp.

    9,600   135,607
Toyota Tsusho Corp.

    100   4,223
Unicharm Corp.

    400   16,353
Yamaha Corp.

    200   7,649
Yamaha Motor Co. Ltd.

    500   12,999
Yaskawa Electric Corp.

    100   4,335
Z Holdings Corp.

    2,600   7,283
          2,335,708
LUXEMBOURG — 0.1%  
ArcelorMittal SA

    447   13,535
MACAU — 0.1%  
Galaxy Entertainment Group Ltd. (a)

    1,000   6,682
Sands China Ltd. (a)

    1,600   5,564
          12,246
NETHERLANDS — 5.3%  
ABN AMRO Bank NV GDR (d)

    686   10,896
Adyen NV (a)(d)

    14   22,195
Aegon NV