GNR Fees and Costs — SPDR(R) S&P(R) Global Natural Resources ETF
Data updated: 2026-08-28
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $124K in broker commissions, 0.0042% of average net assets, and portfolio turnover was 32%.
GNR Fees and Expenses
Annual operating expenses and sales charges of GNR. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GNR Costs Over Time
On $10,000 invested in GNR, assuming 5% a year before costs, total costs come to $256 over 5 years, cutting the return by 0.42% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $140 | $256 |
| Value after costs | $10,458 | $11,436 | $12,507 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
GNR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0042%
- Total broker commissions: $124K
- Bought from dealers (principal trades, not a cost): $581.2M
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $241.0M
- Net income from securities lending: $838K (0.028% of average net assets)
GNR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $31K | 26.77% |
| Barclays Capital Inc. | $20K | 17.56% |
| UBS Securities LLC | $18K | 15.61% |
| Goldman Sachs & Co. LLC | $18K | 15.39% |
| RBC Capital Markets, LLC | $11K | 9.30% |
| J.P. Morgan Securities LLC | $5K | 4.44% |
| TD Securities (USA) LLC | $4K | 3.85% |
| CIBC World Markets Corp. | $4K | 3.48% |
| Virtu Americas LLC | $2K | 1.90% |
| Nomura Securities International, Inc. | $2K | 1.70% |
GNR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $581.2M | 100.00% |
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.