SHE Fees and Costs — State Street(R) SPDR(R) MSCI USA Gender Diversity ETF
Data updated: 2026-09-11
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $23K in broker commissions, 0.0080% of average net assets, and portfolio turnover was 48%.
SHE Fees and Expenses
Annual operating expenses and sales charges of SHE. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| 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 |
SHE Costs Over Time
On $10,000 invested in SHE, assuming 5% a year before costs, total costs come to $132 over 5 years, cutting the return by 0.22% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $72 | $132 |
| Value after costs | $10,478 | $11,504 | $12,631 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
SHE 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): 0.0080%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): $14.0M
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $141K
- Net income from securities lending: $305 (0.000% of average net assets)
SHE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $17K | 71.75% |
| BofA Securities, Inc. | $6K | 26.91% |
| Fidelity Brokerage Services LLC | $126 | 0.54% |
| Nomura Securities International, Inc. | $71 | 0.30% |
| Morgan Stanley & Co. LLC | $41 | 0.17% |
| Virtu Americas LLC | $24 | 0.10% |
| Goldman Sachs & Co. LLC | $20 | 0.09% |
| Citadel Securities LLC | $18 | 0.08% |
| Bestex Research Securities, LLC | $12 | 0.05% |
| The Williams Capital Group, L.P. | $3 | 0.01% |
SHE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $14.0M | 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.