RWR Fees and Costs — State Street(R) SPDR(R) Dow Jones(R) REIT ETF
Data updated: 2026-09-11
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $43K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 10%.
RWR Fees and Expenses
Annual operating expenses and sales charges of RWR. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
RWR Costs Over Time
On $10,000 invested in RWR, assuming 5% a year before costs, total costs come to $160 over 5 years, cutting the return by 0.27% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $87 | $160 |
| Value after costs | $10,473 | $11,489 | $12,603 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
RWR 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): 0.0024%
- Total broker commissions: $43K
- Bought from dealers (principal trades, not a cost): $186.6M
- Portfolio turnover (prospectus): 10%
- Securities on loan, average value: $31.2M
- Net income from securities lending: $63K (0.004% of average net assets)
RWR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $39K | 91.00% |
| Barclays Capital Inc. | $3K | 6.22% |
| Morgan Stanley & Co. LLC | $895 | 2.09% |
| Citadel Securities LLC | $150 | 0.35% |
| Fidelity Brokerage Services LLC | $55 | 0.13% |
| Virtu Americas LLC | $29 | 0.07% |
| The Williams Capital Group, L.P. | $24 | 0.06% |
| Citigroup Global Markets Inc. | $20 | 0.05% |
| Nomura Securities International, Inc. | $14 | 0.03% |
| CastleOak Securities, L.P. | $6 | 0.01% |
RWR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $186.6M | 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.