QEFA Fees and Costs — SPDR MSCI EAFE StrategicFactors ETF
Data updated: 2026-08-28
The net expense ratio is 0.30%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $61K in broker commissions, 0.0067% of average net assets, and portfolio turnover was 16%.
QEFA Fees and Expenses
Annual operating expenses and sales charges of QEFA. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| 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 |
QEFA Costs Over Time
On $10,000 invested in QEFA, assuming 5% a year before costs, total costs come to $195 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $106 | $195 |
| Value after costs | $10,468 | $11,470 | $12,568 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
QEFA 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): 0.0067%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $65.5M
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $37.4M
- Net income from securities lending: $143K (0.016% of average net assets)
QEFA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $24K | 41.45% |
| Goldman Sachs & Co. LLC | $14K | 24.33% |
| BofA Securities, Inc. | $4K | 6.48% |
| Jefferies LLC | $3K | 4.82% |
| J.P. Morgan Securities LLC | $3K | 4.72% |
| Barclays Capital Inc. | $3K | 4.47% |
| Citigroup Global Markets Inc. | $2K | 3.84% |
| BNP Paribas Securities Corp. | $2K | 3.63% |
| Nomura Securities International, Inc. | $2K | 3.63% |
| Morgan Stanley & Co. LLC | $2K | 2.64% |
QEFA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $65.2M | 100.00% |
| Nomura Securities International, Inc. | $22 | 0.00% |
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.