C000170117 Fees and Costs — SPDR S&P Technology Hardware ETF
Data updated: 2020-06-01
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $604 in broker commissions, 0.0121% of average net assets, and portfolio turnover was 40%.
C000170117 Fees and Expenses
Annual operating expenses and sales charges of C000170117. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000170117 Costs Over Time
On $10,000 invested in C000170117, assuming 5% a year before costs, total costs come to $229 over 5 years, cutting the return by 0.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $125 | $229 |
| Value after costs | $10,462 | $11,451 | $12,533 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
C000170117 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0121%
- Total broker commissions: $604
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $659K
- Net income from securities lending: $2K (0.047% of average net assets)
C000170117 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $276 | 45.85% |
| Goldman Sachs & Co. LLC | $189 | 31.37% |
| Morgan Stanley & Co. LLC | $101 | 16.77% |
| Citigroup Global Markets Inc. | $13 | 2.08% |
| Barclays Capital Inc. | $10 | 1.65% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $5 | 0.77% |
| Virtu Americas LLC | $4 | 0.66% |
| JPMorgan Chase & Co. | $2 | 0.34% |
| Deutsche Bank Securities Inc. | $2 | 0.28% |
| ITG Inc. | $1 | 0.23% |
C000170117 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $742K | 69.97% |
| State Street Bank and Trust Company | $318K | 30.03% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.