NANR Fees and Costs — SPDR S&P North American Natural Resources ETF
Data updated: 2026-08-28
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $39K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 21%.
NANR Fees and Expenses
Annual operating expenses and sales charges of NANR. Prospectus, as of September 30, 2025.
| 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) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NANR Costs Over Time
On $10,000 invested in NANR, assuming 5% a year before costs, total costs come to $226 over 5 years, cutting the return by 0.37% 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 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $37 | $123 | $226 |
| Value after costs | $10,463 | $11,453 | $12,537 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
NANR 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): 0.0065%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $46.3M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $27.4M
- Net income from securities lending: $74K (0.012% of average net assets)
NANR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $19K | 47.51% |
| CIBC World Markets Corp. | $7K | 17.35% |
| BofA Securities, Inc. | $6K | 14.33% |
| Citadel Securities LLC | $4K | 10.24% |
| TD Securities (USA) LLC | $3K | 6.43% |
| Scotia Capital (USA) Inc. | $850 | 2.17% |
| Citigroup Global Markets Inc. | $479 | 1.22% |
| J.P. Morgan Securities LLC | $227 | 0.58% |
| Barclays Capital Inc. | $35 | 0.09% |
| Goldman Sachs & Co. LLC | $29 | 0.07% |
NANR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $46.3M | 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.