NZUS Fees and Costs — SPDR MSCI USA Climate Paris Aligned ETF
Data updated: 2026-05-28
The net expense ratio is 0.10%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17 in broker commissions, 0.0007% of average net assets, and portfolio turnover was 13%.
NZUS Fees and Expenses
Annual operating expenses and sales charges of NZUS. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.10% |
| Fee waiver | — |
| Net expense ratio | 0.10% |
| 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 |
NZUS Costs Over Time
On $10,000 invested in NZUS, assuming 5% a year before costs, total costs come to $64 over 5 years, cutting the return by 0.11% 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 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $35 | $64 |
| Value after costs | $10,489 | $11,541 | $12,699 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
NZUS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $17
- Bought from dealers (principal trades, not a cost): $435K
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
NZUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $9 | 52.15% |
| Citigroup Global Markets Inc. | $6 | 36.82% |
| Goldman Sachs & Co. LLC | $1 | 4.24% |
| Virtu Americas LLC | $0 | 1.57% |
| The Williams Capital Group, L.P. | $0 | 1.05% |
| BNY Capital Markets, LLC | $0 | 1.05% |
| Nomura Securities International, Inc. | $0 | 0.99% |
| Morgan Stanley & Co. LLC | $0 | 0.81% |
| UBS Securities LLC | $0 | 0.75% |
| BofA Securities, Inc. | $0 | 0.58% |
NZUS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $396K | 90.98% |
| Citigroup Global Markets Inc. | $22K | 5.00% |
| Citadel Securities LLC | $15K | 3.52% |
| Goldman Sachs & Co. LLC | $2K | 0.39% |
| J.P. Morgan Securities LLC | $460 | 0.11% |
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.