LGLV Fees and Costs — State Street(R) SPDR(R) US Large Cap Low Volatility Index ETF
Data updated: 2026-09-11
The net expense ratio is 0.12%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $86K in broker commissions, 0.0075% of average net assets, and portfolio turnover was 16%.
LGLV Fees and Expenses
Annual operating expenses and sales charges of LGLV. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.12% |
| Fee waiver | — |
| Net expense ratio | 0.12% |
| 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 |
LGLV Costs Over Time
On $10,000 invested in LGLV, assuming 5% a year before costs, total costs come to $81 over 5 years, cutting the return by 0.13% 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 0.12%) | $13 | $40 | $69 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $44 | $81 |
| Value after costs | $10,487 | $11,532 | $12,682 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
LGLV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0075%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $87.4M
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $22.5M
- Net income from securities lending: $34K (0.003% of average net assets)
LGLV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $85K | 98.55% |
| Fidelity Brokerage Services LLC | $276 | 0.32% |
| BofA Securities, Inc. | $262 | 0.30% |
| Citadel Securities LLC | $185 | 0.21% |
| Virtu Americas LLC | $183 | 0.21% |
| Barclays Capital Inc. | $164 | 0.19% |
| Nomura Securities International, Inc. | $71 | 0.08% |
| Morgan Stanley & Co. LLC | $45 | 0.05% |
| UBS Securities LLC | $33 | 0.04% |
| The Williams Capital Group, L.P. | $25 | 0.03% |
LGLV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $87.4M | 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.