SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF

C000231371 Fund Overview

SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF is a US ETF managed by SPDR Index Shares Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: SPDR Index Shares Funds
• Category: Money Market
• Assets under management: $12.91M
• 1-year return: -2.1%
• SEC CIK: 0001168164
• SEC series ID: S000074036
• Share class ID: C000231371

C000231371 Investment Objective and Strategy

SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SPDR Index Shares Funds.

Investment objective

The SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks stocks of large- and mid-capitalization companies in developed markets, excluding companies in the US, that exhibit certain environmental, social and governance ( ESG ) characteristics.

Principal investment strategy

In seeking to track the performance of the Bloomberg SASB Developed Markets ex US Large & Mid Cap ESG Ex-Controversies Select Index ? (the Index ), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. ( SSGA FM or the Adviser ), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.

Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index and in depositary receipts (including American Depositary Receipts ( ADRs ) or Global Depositary Receipts ( GDRs )) based on securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). In seeking to track the Index, the Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries.

Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows. The Index is designed to measure the performance of large- and mid-capitalization companies in developed markets (excluding the United States) that exhibit certain ESG characteristics, while also exhibiting risk and return characteristics that are comparable to those of the Bloomberg Developed Markets ex US Large & Mid Cap Index (the Parent Index ). The Parent Index includes stocks of large- and mid-capitalization companies from developed market countries (excluding the United States). The Index incorporates ESG criteria to screen securities within the Parent Index and assign scores to the remaining securities. The scoring system that is utilized by the Index, the Responsibility or R-Factor TM score, was developed by State Street Global Advisors.

The R-Factor TM score measures the performance of a company's business operations and governance as related to financially material ESG challenges facing the issuer's industry. The R-Factor TM score draws on a number of data sources that provide data metrics on a variety of ESG topics. The R-Factor TM scoring process comprises two underlying components, an ESG component and a corporate governance component. The ESG component is based on the framework published by the Sustainability Accounting Standards Board ( SASB ), which attempts to identify ESG issues that are financially material to an issuer based on its industry classification. The ESG component of the R-Factor TM score is determined using only those metrics from data sources that specifically address such issues. The corporate governance component of the score is generated using region-specific corporate governance codes developed by investors or regulators that describe minimum corporate governance expectations of a particular region.

The governance codes typically address topics such as shareholder rights, board independence and executive compensation. The corporate governance component uses data provided by data sources to assign a corporate governance score according to these governance codes. To construct the Index, the Parent Index is first screened to remove securities of issuers involved in, and/or which derive significant revenue (as determined by the Index Provider (as defined below)) from, certain practices, industries or product lines, including: Extreme Event Controversies, Controversial Weapons, UN Global Compact Violations, Civilian Firearms, Thermal Coal Extraction and Tobacco (collectively, Controversial Categories ). The Index Provider incorporates data sourced by a third-party ESG data provider for applying the screen.

If there is insufficient data available to determine whether an issuer is involved in and/or derives significant revenue from Controversial Categories, the issuer's securities will be excluded from the Index. The remaining securities are then further screened to remove all companies without an R-Factor TM score. All remaining constituents are considered the investable universe. The Index then utilizes a quantitative process that selects a portfolio of securities and assigns weights designed to maximize the Index's overall R-Factor TM score, while maintaining predicted tracking error within a targeted range relative to the Parent Index. The quantitative process also applies (i) individual security, sector and country weighting constraints; and (ii) a constituent turnover constraint. As a result of the quantitative process' objectives and applied constraints, the Index may not necessarily include the securities of companies with the highest R-Factor TM scores.

As of November 30, 2022, the Fund consisted of securities from the following developed market countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. As of November 30, 2022, a significant portion of the Fund comprised companies in the financial sector, although this may change from time to time. As of November 30, 2022, a significant portion of the Fund comprised companies located in Europe, although this may change from time to time. As of November 30, 2022, the Index comprised 438 securities. Rebalancing and reconstitution of the Index is quarterly, effective after the close of business on the second Wednesday of March, June, September and December.

The Index is sponsored by Bloomberg Index Services Limited (the Index Provider ), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.

C000231371 Holdings

Top 10 holdings of SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000231371 holdings

C000231371 Portfolio Allocation

Asset-class allocation of SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000231371 Performance

Total returns for C000231371 (as of 2026-10-01), from SEC filings.

C000231371 Risk Information

Risk metrics for C000231371, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 22.8%

C000231371 Costs and Fees

C000231371 costs about $12 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.12%
• Gross expense ratio: 0.12%
• Portfolio turnover: 27%
• Brokerage commissions: 1.02 bps of average net assets (SEC N-CEN)

C000231371 Cashflows

Over the 12 months to 2023-03, SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF had net outflows of $11.37M, from monthly SEC N-PORT filings.

C000231371 Debt Constituents

No individual debt constituents are reported in SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF's latest SEC N-PORT filing.

C000231371 Prospectus and SEC Filings

Official SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-01-10
• Prospectus supplement (497) — filed 2023-01-31
• Portfolio holdings (N-PORT) — filed 2023-05-30
• Portfolio holdings (N-PORT) — filed 2023-02-28
• Portfolio holdings (N-PORT) — filed 2022-11-28
• Annual census (N-CEN) — filed 2022-12-14

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.