Fund Name: SPDR® S&P 500® ETF Trust

Ticker Symbol: SPY

Holdings: As of 21-Apr-2022
Name ticker
Apple Inc. AAPL
Microsoft Corporation MSFT
Amazon.com Inc. AMZN
Tesla Inc TSLA
Alphabet Inc. Class A GOOGL
Alphabet Inc. Class C GOOG
Berkshire Hathaway Inc. Class B BRK.B
UnitedHealth Group Incorporated UNH
NVIDIA Corporation NVDA
Johnson & Johnson JNJ
Meta Platforms Inc. Class A FB
Procter & Gamble Company PG
JPMorgan Chase & Co. JPM
Exxon Mobil Corporation XOM
Visa Inc. Class A V
Home Depot Inc. HD
Chevron Corporation CVX
Mastercard Incorporated Class A MA
AbbVie Inc. ABBV
Bank of America Corp BAC
Pfizer Inc. PFE
Costco Wholesale Corporation COST
Coca-Cola Company KO
Broadcom Inc. AVGO
PepsiCo Inc. PEP
Verizon Communications Inc. VZ
Eli Lilly and Company LLY
Thermo Fisher Scientific Inc. TMO
Walmart Inc. WMT
Cisco Systems Inc. CSCO
Walt Disney Company DIS
Abbott Laboratories ABT
Merck & Co. Inc. MRK
Comcast Corporation Class A CMCSA
Accenture Plc Class A ACN
Adobe Incorporated ADBE
Intel Corporation INTC
McDonald's Corporation MCD
Wells Fargo & Company WFC
Danaher Corporation DHR
Salesforce Inc. CRM
NIKE Inc. Class B NKE
Bristol-Myers Squibb Company BMY
Linde plc LIN
Texas Instruments Incorporated TXN

Information Classification: General

Philip Morris International Inc. PM
Union Pacific Corporation UNP
Qualcomm Incorporated QCOM
Raytheon Technologies Corporation RTX
Medtronic Plc MDT
NextEra Energy Inc. NEE
Advanced Micro Devices Inc. AMD
AT&T Inc. T
Amgen Inc. AMGN
S&P Global Inc. SPGI
Lowe's Companies Inc. LOW
CVS Health Corporation CVS
United Parcel Service Inc. Class B UPS
Honeywell International Inc. HON
Intuit Inc. INTU
ConocoPhillips COP
Anthem Inc. ANTM
Prologis Inc. PLD
Morgan Stanley MS
Caterpillar Inc. CAT
International Business Machines Corporation IBM
Oracle Corporation ORCL
American Tower Corporation AMT
Deere & Company DE
Target Corporation TGT
American Express Company AXP
Goldman Sachs Group Inc. GS
Charles Schwab Corp SCHW
Lockheed Martin Corporation LMT
Intuitive Surgical Inc. ISRG
Citigroup Inc. C
PayPal Holdings Inc. PYPL
Altria Group Inc MO
Applied Materials Inc. AMAT
General Electric Company GE
Boeing Company BA
ServiceNow Inc. NOW
BlackRock Inc. BLK
Netflix Inc. NFLX
Automatic Data Processing Inc. ADP
Booking Holdings Inc. BKNG
Mondelez International Inc. Class A MDLZ
Chubb Limited CB
Starbucks Corporation SBUX
Stryker Corporation SYK
Marsh & McLennan Companies Inc. MMC
Duke Energy Corporation DUK
Zoetis Inc. Class A ZTS
3M Company MMM

Information Classification: General

Cigna Corporation CI
Crown Castle International Corp CCI
Analog Devices Inc. ADI
CME Group Inc. Class A CME
Southern Company SO
CSX Corporation CSX
Gilead Sciences Inc. GILD
Micron Technology Inc. MU
TJX Companies Inc TJX
Edwards Lifesciences Corporation EW
T-Mobile US Inc. TMUS
Becton Dickinson and Company BDX
Regeneron Pharmaceuticals Inc. REGN
PNC Financial Services Group Inc. PNC
Aon Plc Class A AON
Vertex Pharmaceuticals Incorporated VRTX
U.S. Bancorp USB
Dominion Energy Inc D
EOG Resources Inc. EOG
Truist Financial Corporation TFC
Colgate-Palmolive Company CL
Equinix Inc. EQIX
Intercontinental Exchange Inc. ICE
Progressive Corporation PGR
Freeport-McMoRan Inc. FCX
Boston Scientific Corporation BSX
Lam Research Corporation LRCX
Northrop Grumman Corporation NOC
Norfolk Southern Corporation NSC
HCA Healthcare Inc HCA
Estee Lauder Companies Inc. Class A EL
Public Storage PSA
Fidelity National Information Services Inc. FIS
Waste Management Inc. WM
Charter Communications Inc. Class A CHTR
Ford Motor Company F
Activision Blizzard Inc. ATVI
Newmont Corporation NEM
Sherwin-Williams Company SHW
Fiserv Inc. FISV
Eaton Corp. Plc ETN
Dollar General Corporation DG
Illinois Tool Works Inc. ITW
General Motors Company GM
Humana Inc. HUM
Capital One Financial Corp COF
Emerson Electric Co. EMR
Schlumberger NV SLB
General Dynamics Corporation GD

Information Classification: General

Air Products and Chemicals Inc. APD
Pioneer Natural Resources Company PXD
Sempra Energy SRE
Archer-Daniels-Midland Company ADM
Moody's Corporation MCO
Illumina Inc. ILMN
Occidental Petroleum Corporation OXY
American International Group Inc. AIG
American Electric Power Company Inc. AEP
Marathon Petroleum Corporation MPC
Dow Inc. DOW
Centene Corporation CNC
Moderna Inc. MRNA
KLA Corporation KLAC
FedEx Corporation FDX
MetLife Inc. MET
Marriott International Inc. Class A MAR
McKesson Corporation MCK
Roper Technologies Inc. ROP
O'Reilly Automotive Inc. ORLY
Exelon Corporation EXC
L3Harris Technologies Inc LHX
Nucor Corporation NUE
Warner Bros. Discovery Inc. Series A WBD
NXP Semiconductors NV NXPI
AutoZone Inc. AZO
Johnson Controls International plc JCI
Sysco Corporation SYY
DexCom Inc. DXCM
Synopsys Inc. SNPS
Cognizant Technology Solutions Corporation Class A CTSH
Prudential Financial Inc. PRU
IQVIA Holdings Inc IQV
Ecolab Inc. ECL
General Mills Inc. GIS
Paychex Inc. PAYX
Corteva Inc CTVA
Hilton Worldwide Holdings Inc HLT
Fortinet Inc. FTNT
Williams Companies Inc. WMB
Kimberly-Clark Corporation KMB
Simon Property Group Inc. SPG
Autodesk Inc. ADSK
Valero Energy Corporation VLO
Amphenol Corporation Class A APH
Digital Realty Trust Inc. DLR
Travelers Companies Inc. TRV
Chipotle Mexican Grill Inc. CMG
Welltower Inc. WELL

Information Classification: General

Realty Income Corporation O
Cadence Design Systems Inc. CDNS
IDEXX Laboratories Inc. IDXX
Constellation Brands Inc. Class A STZ
HP Inc. HPQ
TE Connectivity Ltd. TEL
Global Payments Inc. GPN
SBA Communications Corp. Class A SBAC
Xcel Energy Inc. XEL
Phillips 66 PSX
Allstate Corporation ALL
Motorola Solutions Inc. MSI
Aflac Incorporated AFL
Kroger Co. KR
Dollar Tree Inc. DLTR
Baxter International Inc. BAX
MSCI Inc. Class A MSCI
Kinder Morgan Inc Class P KMI
Arthur J. Gallagher & Co. AJG
Devon Energy Corporation DVN
Ross Stores Inc. ROST
Agilent Technologies Inc. A
Public Service Enterprise Group Inc PEG
Microchip Technology Incorporated MCHP
Twitter Inc. TWTR
Cintas Corporation CTAS
Parker-Hannifin Corporation PH
Carrier Global Corp. CARR
DuPont de Nemours Inc. DD
Yum! Brands Inc. YUM
Trane Technologies plc TT
AvalonBay Communities Inc. AVB
Electronic Arts Inc. EA
Halliburton Company HAL
ResMed Inc. RMD
Consolidated Edison Inc. ED
Verisk Analytics Inc VRSK
eBay Inc. EBAY
Bank of New York Mellon Corporation BK
Discover Financial Services DFS
Walgreens Boots Alliance Inc WBA
TransDigm Group Incorporated TDG
WEC Energy Group Inc WEC
Hershey Company HSY
Fastenal Company FAST
Monster Beverage Corporation MNST
Ameriprise Financial Inc. AMP
Biogen Inc. BIIB
T. Rowe Price Group TROW

Information Classification: General

Otis Worldwide Corporation OTIS
Eversource Energy ES
M&T Bank Corporation MTB
ONEOK Inc. OKE
International Flavors & Fragrances Inc. IFF
Equity Residential EQR
PPG Industries Inc. PPG
Rockwell Automation Inc. ROK
Weyerhaeuser Company WY
Kraft Heinz Company KHC
Mettler-Toledo International Inc. MTD
PACCAR Inc PCAR
AMETEK Inc. AME
Hess Corporation HES
American Water Works Company Inc. AWK
Baker Hughes Company Class A BKR
Willis Towers Watson Public Limited Company WTW
Cummins Inc. CMI
Aptiv PLC APTV
SVB Financial Group SIVB
LyondellBasell Industries NV LYB
Alexandria Real Estate Equities Inc. ARE
CBRE Group Inc. Class A CBRE
Extra Space Storage Inc. EXR
Ball Corporation BLL
Tyson Foods Inc. Class A TSN
First Republic Bank FRC
Southwest Airlines Co. LUV
Delta Air Lines Inc. DAL
Republic Services Inc. RSG
Align Technology Inc. ALGN
Expedia Group Inc. EXPE
Edison International EIX
Cerner Corporation CERN
FirstEnergy Corp. FE
Keysight Technologies Inc KEYS
Zimmer Biomet Holdings Inc. ZBH
State Street Corporation STT
Fifth Third Bancorp FITB
Arista Networks Inc. ANET
West Pharmaceutical Services Inc. WST
DTE Energy Company DTE
McCormick & Company Incorporated MKC
Corning Inc GLW
Laboratory Corporation of America Holdings LH
Old Dominion Freight Line Inc. ODFL
Mosaic Company MOS
Copart Inc. CPRT
Gartner Inc. IT

Information Classification: General

Church & Dwight Co. Inc. CHD
Ameren Corporation AEE
Entergy Corporation ETR
Tractor Supply Company TSCO
AmerisourceBergen Corporation ABC
STERIS Plc STE
ANSYS Inc. ANSS
Equifax Inc. EFX
Hartford Financial Services Group Inc. HIG
Mid-America Apartment Communities Inc. MAA
United Rentals Inc. URI
Coterra Energy Inc. CTRA
Albemarle Corporation ALB
Vulcan Materials Company VMC
Ventas Inc. VTR
CDW Corp. CDW
D.R. Horton Inc. DHI
Martin Marietta Materials Inc. MLM
Stanley Black & Decker Inc. SWK
Diamondback Energy Inc. FANG
Essex Property Trust Inc. ESS
Duke Realty Corporation DRE
Ulta Beauty Inc ULTA
PPL Corporation PPL
Northern Trust Corporation NTRS
W.W. Grainger Inc. GWW
Teledyne Technologies Incorporated TDY
Match Group Inc. MTCH
CF Industries Holdings Inc. CF
Fortive Corp. FTV
Citizens Financial Group Inc. CFG
Hewlett Packard Enterprise Co. HPE
CMS Energy Corporation CMS
Enphase Energy Inc. ENPH
FLEETCOR Technologies Inc. FLT
Cincinnati Financial Corporation CINF
Zebra Technologies Corporation Class A ZBRA
Synchrony Financial SYF
Dover Corporation DOV
Lennar Corporation Class A LEN
VeriSign Inc. VRSN
Marathon Oil Corporation MRO
Regions Financial Corporation RF
Huntington Bancshares Incorporated HBAN
Constellation Energy Corporation CEG
Raymond James Financial Inc. RJF
Best Buy Co. Inc. BBY
CenterPoint Energy Inc. CNP
PerkinElmer Inc. PKI

Information Classification: General

Cooper Companies Inc. COO
Molina Healthcare Inc. MOH
Genuine Parts Company GPC
Nasdaq Inc. NDAQ
KeyCorp KEY
Hologic Inc. HOLX
Paramount Global Class B PARA
Akamai Technologies Inc. AKAM
Skyworks Solutions Inc. SWKS
International Paper Company IP
Ingersoll Rand Inc. IR
Jacobs Engineering Group Inc. J
Healthpeak Properties Inc. PEAK
Waters Corporation WAT
Royal Caribbean Group RCL
Amcor PLC AMCR
Principal Financial Group Inc. PFG
V.F. Corporation VFC
Clorox Company CLX
Teradyne Inc. TER
Monolithic Power Systems Inc. MPWR
Boston Properties Inc. BXP
Cardinal Health Inc. CAH
Darden Restaurants Inc. DRI
Broadridge Financial Solutions Inc. BR
Quanta Services Inc. PWR
UDR Inc. UDR
Camden Property Trust CPT
Kellogg Company K
FMC Corporation FMC
Conagra Brands Inc. CAG
Westinghouse Air Brake Technologies Corporation WAB
NetApp Inc. NTAP
Trimble Inc. TRMB
Pool Corporation POOL
Omnicom Group Inc OMC
Garmin Ltd. GRMN
Seagate Technology Holdings PLC STX
Quest Diagnostics Incorporated DGX
Expeditors International of Washington Inc. EXPD
Signature Bank SBNY
Iron Mountain Inc. IRM
FactSet Research Systems Inc. FDS
Catalent Inc CTLT
Brown & Brown Inc. BRO
Evergy Inc. EVRG
Atmos Energy Corporation ATO
United Airlines Holdings Inc. UAL
EPAM Systems Inc. EPAM

Information Classification: General

Tyler Technologies Inc. TYL
Celanese Corporation CE
Alliant Energy Corp LNT
Kimco Realty Corporation KIM
Bio-Techne Corporation TECH
MGM Resorts International MGM
Teleflex Incorporated TFX
Western Digital Corporation WDC
Packaging Corporation of America PKG
Xylem Inc. XYL
Carnival Corporation CCL
J.M. Smucker Company SJM
Hormel Foods Corporation HRL
Leidos Holdings Inc. LDOS
APA Corp. APA
AES Corporation AES
Take-Two Interactive Software Inc. TTWO
NortonLifeLock Inc. NLOK
Textron Inc. TXT
Generac Holdings Inc. GNRC
Jack Henry & Associates Inc. JKHY
IDEX Corporation IEX
CarMax Inc. KMX
Bath & Body Works Inc. BBWI
Charles River Laboratories International Inc. CRL
Host Hotels & Resorts Inc. HST
W. R. Berkley Corporation WRB
Caesars Entertainment Inc CZR
Paycom Software Inc. PAYC
Live Nation Entertainment Inc. LYV
Incyte Corporation INCY
NVR Inc. NVR
Domino's Pizza Inc. DPZ
J.B. Hunt Transport Services Inc. JBHT
ABIOMED Inc. ABMD
Eastman Chemical Company EMN
Avery Dennison Corporation AVY
Interpublic Group of Companies Inc. IPG
Advance Auto Parts Inc. AAP
WestRock Company WRK
Howmet Aerospace Inc. HWM
C.H. Robinson Worldwide Inc. CHRW
LKQ Corporation LKQ
SolarEdge Technologies Inc. SEDG
Loews Corporation L
American Airlines Group Inc. AAL
Etsy Inc. ETSY
Robert Half International Inc. RHI
Viatris Inc. VTRS

Information Classification: General

Las Vegas Sands Corp. LVS
Henry Schein Inc. HSIC
Fox Corporation Class A FOXA
Citrix Systems Inc. CTXS
Brown-Forman Corporation Class B BF.B
Masco Corporation MAS
Qorvo Inc. QRVO
Cboe Global Markets Inc CBOE
NiSource Inc NI
F5 Inc. FFIV
Snap-on Incorporated SNA
Nordson Corporation NDSN
Juniper Networks Inc. JNPR
Bio-Rad Laboratories Inc. Class A BIO
Everest Re Group Ltd. RE
Lincoln National Corporation LNC
Hasbro Inc. HAS
Universal Health Services Inc. Class B UHS
Comerica Incorporated CMA
Regency Centers Corporation REG
PulteGroup Inc. PHM
Assurant Inc. AIZ
Whirlpool Corporation WHR
PTC Inc. PTC
Lumen Technologies Inc. LUMN
Molson Coors Beverage Company Class B TAP
MarketAxess Holdings Inc. MKTX
Sealed Air Corporation SEE
Allegion PLC ALLE
Fortune Brands Home & Security Inc. FBHS
Lamb Weston Holdings Inc. LW
Globe Life Inc. GL
NRG Energy Inc. NRG
Campbell Soup Company CPB
Nielsen Holdings Plc NLSN
Zions Bancorporation N.A. ZION
BorgWarner Inc. BWA
DENTSPLY SIRONA Inc. XRAY
Tapestry Inc. TPR
Norwegian Cruise Line Holdings Ltd. NCLH
Huntington Ingalls Industries Inc. HII
Newell Brands Inc NWL
Pentair plc PNR
Pinnacle West Capital Corporation PNW
A. O. Smith Corporation AOS
Federal Realty Investment Trust FRT
News Corporation Class A NWSA
Organon & Co. OGN
Wynn Resorts Limited WYNN

Information Classification: General

Ceridian HCM Holding Inc. CDAY
DISH Network Corporation Class A DISH
DXC Technology Co. DXC
Rollins Inc. ROL
DaVita Inc. DVA
Alaska Air Group Inc. ALK
Franklin Resources Inc. BEN
Invesco Ltd. IVZ
Mohawk Industries Inc. MHK
Vornado Realty Trust VNO
Penn National Gaming Inc. PENN
PVH Corp. PVH
Ralph Lauren Corporation Class A RL
Fox Corporation Class B FOX
IPG Photonics Corporation IPGP
Under Armour Inc. Class A UAA
Under Armour Inc. Class C UA
News Corporation Class B NWS
U.S. Dollar CASH_USD
Embecta Corporation EMBC

Performance quoted represents past performance, which is no guarantee of future results. Investment return and p
so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quote
most recent month-end performance.

Portfolio holdings, allocations and weightings are as of the date indicated, are subject to change and should not be conside
individual securities. For most recent information visit www.ssga.com.

Important Risk Information

Investing involves risk, and you could lose money on an investment in each of SPDR ® Gold Shares Trust (“GLD®” or “GLD”
MiniSharesSM Trust (“GLDM℠” or “GLDM”), a series of the World Gold Trust (together, the “Funds”).

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the
Brokerage commissions and ETF expenses will reduce returns.

Commodities and commodity-index linked securities may be affected by changes in overall market movements, changes in
factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of specul
underlying commodities.

Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings fr

Diversification does not ensure a profit or guarantee against loss.

Investing in commodities entails significant risk and is not appropriate for all investors.

Important Information Relating to GLD® and GLDM℠:

GLD and the World Gold Trust have each filed a registration statement (including a prospectus) with the Securities
(“SEC”) for GLD and GLDM, respectively. Before you invest, you should read the prospectus in the registration sta
documents each Fund has filed with the SEC for more complete information about each Fund and these offerings.
prospectus for a detailed discussion of the risks of investing in each Fund’s shares.

Information Classification: General

The GLD prospectus is available by clicking

The GLDM prospectus is available by clicking

You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting spdrgoldsha
Funds or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.405

None of the Funds is an investment company registered under the Investment Company Act of 1940 (the “1940 Act”). As a result,
not have the protections associated with ownership of shares in an investment company registered under the 1940 Act. GLD and G
regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of each of GLD and GLDM do not ha
the CEA.

Shares of each Fund trade like stocks, are subject to investment risk and will fluctuate in market value.

The values of GLD shares and GLDM shares relate directly to the value of the gold held by each Fund (less its expenses), respect
gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade
or less than the value of the gold represented by them.

None of the Funds generate any income, and as each Fund regularly sells gold to pay for its ongoing expenses, the amount of gol
share will decline over time to that extent.

The World Gold Council name and logo are a registered trademark and used with the permission of the World Gold Council pursua
World Gold Council is not responsible for the content of, and is not liable for the use of or reliance on, this material. World Gold Co
Sponsor of each of GLD and GLDM.

GLD® is a registered trademark of World Gold Trust Services, LLC used with the permission of World Gold Trust Services, LLC. M
service marks of WGC USA Asset Management Company, LLC used with the permission of WGC USA Asset Management Comp

For more information, please contact the Marketing Agent for GLD and GLDM: State Street Global Advisors Funds
Street, Boston, MA, 02210; T: +1 866 320 4053 spdrgoldshares.com

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, b
default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities
sold or redeemed prior to maturity may be subject to a substantial gain or loss.

International Government bonds and corporate bonds generally have more moderate short-term price fluctuations than stoc
long-term returns.
Investing in high yield fixed income securities, otherwise known as "junk bonds", is considered speculative and involves gre
and interest than investing in investment grade fixed income securities. These Lower-quality debt securities involve greater
changes due to potential changes in the credit quality of the issuer.

Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies an
economic conditions.

There are risks associated with investing in Real Assets and the Real Assets sector, including real estate, precious metals a
Investments can be significantly affected by events relating to these industries.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, with
in generally accepted accounting principles or from economic or political instability in other nations. Investments in emergin
be more volatile and less liquid than investing in developed markets and may involve exposure to economic structures that
mature and to political systems which have less stability than those of more developed countries.

The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers
representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damage
use of such data. Investing involves risk including the risk of loss of principal.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third par
written consent.

ETFs trade like stocks, are subject to investment risk and will fluctuate in market value. The investment return and principal
fluctuate in value, so that when shares are sold or redeemed, they may be worth more or less than when they were purchas
bought or sold on an exchange through any brokerage account, shares are not individually redeemable from the fund. Inve
tender them for redemption through the fund in large aggregations known as “creation units.” Please see the fund’s prospe
Information Classification: General
Investing in REITs involves certain distinct risks in addition to those risks associated with investing in the real estate industr
use of such data. Investing involves risk including the risk of loss of principal.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third par
written consent.

ETFs trade like stocks, are subject to investment risk and will fluctuate in market value. The investment return and principal
fluctuate in value, so that when shares are sold or redeemed, they may be worth more or less than when they were purchas
bought or sold on an exchange through any brokerage account, shares are not individually redeemable from the fund. Inve
tender them for redemption through the fund in large aggregations known as “creation units.” Please see the fund’s prospe

Investing in REITs involves certain distinct risks in addition to those risks associated with investing in the real estate industr
be affected by changes in the value of the underlying property owned by the REITs, while mortgage REITs may be affected
extended. REITs are subject to heavy cash flow dependency, default by borrowers and self-liquidation. REITs, especially m
subject to interest rate risk (i.e., as interest rates rise, the value of the REIT may decline).

Multi-Cap investments include exposure to all market caps, including small and medium capitalization (“cap”) stocks that ge
business failure, lesser liquidity and greater volatility in market price. As a consequence, small and medium cap stocks have
decline or loss as compared to large cap stocks. This may cause the Fund not to meet its investment objective.

Concentrated investments in a particular Sector tend to be more volatile than the overall market and increases risk that eve
sectors or industries could reduce returns, potentially causing the value of the Fund’s shares to decrease.

A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the marke

Technology companies, including cyber security companies, can be significantly affected by obsolescence of existing techn
and competition for financial resources, qualified personnel, new market entrants or impairment of patent and intellectual pr
adversely affect profit margins.

This communication is not intended to be an investment recommendation or investment advice and should not be relied upo

The information provided does not constitute investment advice and it should not be relied on as such. It should not be cons
an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status
should consult your tax and financial advisor.

Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Do
trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P
(SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are
sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties m
regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any er
interruptions of any index.

The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may
of securities which include such companies.

If your account holds Russian securities and instruments, then as of the date of this publication, they have been fair valued.
If your portfolio holds such Russian securities and instruments, then the portfolio may not be able to dispose of such securit
depending on the relevant market, applicable sanctions requirements, and/or Russian capital controls or other counter mea
the portfolio would continue to own and have exposure to Russian-related issuers and markets. Please refer to your portfol

DoubleLine® is a registered trademark of DoubleLine Capital LP.

Investing involves risk including the risk of loss of principal.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third par
written consent.

All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its ac
There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions ba
it should not be relied on as such.

© 2022 State Street Corporation - All Rights Reserved.

State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston, MA 02210

Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA(http://www.finra.org), SIPC(http://www.s
owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affilia
affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is the distributor
investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. ALP
Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.

State Street Global Advisors Funds Distributors, LLC is the distributor for some registered products on behalf of the advisor
has retained Blackstone Liquid Credit Strategies LLC, Nuveen Asset Management, DoubleLine Capital LP & Loomis Sayles
Street Global Advisors Funds Distributors, LLC is not affiliated with Blackstone Liquid Credit Strategies LLC DoubleLine Ca
Management
Information or LoomisGeneral
Classification: Sayles.
owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affilia
affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is the distributor
investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. ALP
Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.

State Street Global Advisors Funds Distributors, LLC is the distributor for some registered products on behalf of the advisor
has retained Blackstone Liquid Credit Strategies LLC, Nuveen Asset Management, DoubleLine Capital LP & Loomis Sayles
Street Global Advisors Funds Distributors, LLC is not affiliated with Blackstone Liquid Credit Strategies LLC DoubleLine Ca
Management or Loomis Sayles.

Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a pr
prospectus, this contains this and other information, call 1-866-787-2257 or visit www.ssga.com. Read it

Not FDIC Insured * No Bank Guarantee * May Lose Value

4503082.1.1.AM.RTL
Expiration: 01/31/2023
SPD002681

Information Classification: General

® S&P 500® ETF Trust

21-Apr-2022
calculation

Information Classification: General

arantee of future results. Investment return and principal value will fluctuate,
formance may be higher or lower than that quoted. Visit www.ssga.com for

ed, are subject to change and should not be considered a recommendation to buy

each of SPDR ® Gold Shares Trust (“GLD®” or “GLD”) and SPDR® Gold
Trust (together, the “Funds”).

et value and may trade at prices above or below the ETFs’ net asset value.

y changes in overall market movements, changes in interest rates, and other

y developments, as well as trading activity of speculators and arbitrageurs in the

other costs such that they may offset any savings from low fees or costs.

riate for all investors.

ment (including a prospectus) with the Securities and Exchange Commission

hould read the prospectus in the registration statement and other
nformation about each Fund and these offerings. Please see each Fund’s
ch Fund’s shares.

Information Classification: General

SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, the
rospectus if you request it by calling 866.320.4053.

ent Company Act of 1940 (the “1940 Act”). As a result, shareholders of each Fund do
ent company registered under the 1940 Act. GLD and GLDM are not subject to
esult, shareholders of each of GLD and GLDM do not have the protections afforded by

ill fluctuate in market value.

the gold held by each Fund (less its expenses), respectively. Fluctuations in the price of
price received upon the sale of the shares, which trade at market price, may be more

gold to pay for its ongoing expenses, the amount of gold represented by each Fund

ed with the permission of the World Gold Council pursuant to a license agreement. The
r the use of or reliance on, this material. World Gold Council is an affiliate of the

ith the permission of World Gold Trust Services, LLC. MiniSharesSM and GLDMSM are
the permission of WGC USA Asset Management Company, LLC.

D and GLDM: State Street Global Advisors Funds Distributors, LLC, One Iron
m

but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer
cts are usually pronounced for longer-term securities. Any fixed income security
or loss.

more moderate short-term price fluctuations than stocks, but provide lower potential

k bonds", is considered speculative and involves greater risk of loss of principal

These Lower-quality debt securities involve greater risk of default or price

response to the activities of individual companies and general market and

Assets sector, including real estate, precious metals and natural resources.
dustries.

from unfavorable fluctuation in currency values, withholding taxes, from differences

al instability in other nations. Investments in emerging or developing markets may
d may involve exposure to economic structures that are generally less diverse and
more developed countries.

of their respective owners. Third party data providers make no warranties or

meliness of the data and have no liability for damages of any kind relating to the
ncipal.

ansmitted or any of its contents disclosed to third parties without SSGA's express

in market value. The investment return and principal value of an investment will
be worth more or less than when they were purchased. Although shares may be
s are not individually redeemable from the fund. Investors may acquire shares and
wn as “creation units.” Please see the fund’s prospectus for more details.
Information Classification: General
ks associated with investing in the real estate industry in general. Equity REITs may
ncipal.

ansmitted or any of its contents disclosed to third parties without SSGA's express

in market value. The investment return and principal value of an investment will
be worth more or less than when they were purchased. Although shares may be
s are not individually redeemable from the fund. Investors may acquire shares and
wn as “creation units.” Please see the fund’s prospectus for more details.

ks associated with investing in the real estate industry in general. Equity REITs may
by the REITs, while mortgage REITs may be affected by the quality of credit
y borrowers and self-liquidation. REITs, especially mortgage REITs, are also
REIT may decline).

mall and medium capitalization (“cap”) stocks that generally have a higher risk of
s a consequence, small and medium cap stocks have a greater possibility of price
und not to meet its investment objective.

e than the overall market and increases risk that events negatively affecting such
e of the Fund’s shares to decrease.

sectors or securities which underperform the market as a whole.

gnificantly affected by obsolescence of existing technology, limited product lines,

et entrants or impairment of patent and intellectual property rights that can

on or investment advice and should not be relied upon as such.

should not be relied on as such. It should not be considered a solicitation to buy or

articular investment objectives, strategies, tax status or investment horizon. You

Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered
ese trademarks have been licensed for use by S&P Dow Jones Indices LLC
on. State Street Corporation’s financial products are not sponsored, endorsed,
and third party licensors and none of such parties make any representation
ve any liability in relation thereto, including for any errors, omissions, or

o not meet the portfolio's specified ESG criteria may trail the returns on a portfolio

e date of this publication, they have been fair valued. Such fair value may be zero.
e portfolio may not be able to dispose of such securities and instruments
and/or Russian capital controls or other counter measures. In such circumstances,
ted issuers and markets. Please refer to your portfolio holdings report.

ansmitted or any of its contents disclosed to third parties without SSGA’s express

ained from sources believed to be reliable, but its accuracy is not guaranteed.
bility or completeness of, nor liability for, decisions based on such information and

Boston, MA 02210

mber FINRA(http://www.finra.org), SIPC(http://www.sipc.org), an indirect wholly

et may include State Street Corporation and its affiliates. Certain State Street
S Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit
NRA, is the distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS
obal Advisors Funds Distributors, LLC.

or some registered products on behalf of the advisor. SSGA Funds Management

anagement, DoubleLine Capital LP & Loomis Sayles as the sub-advisor. State
ckstone Liquid Credit Strategies LLC DoubleLine Capital LP, Nuveen Asset
Information Classification: General
 et may include State Street Corporation and its affiliates. Certain State Street
S Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit
NRA, is the distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS
obal Advisors Funds Distributors, LLC.

or some registered products on behalf of the advisor. SSGA Funds Management

anagement, DoubleLine Capital LP & Loomis Sayles as the sub-advisor. State
ckstone Liquid Credit Strategies LLC DoubleLine Capital LP, Nuveen Asset

risks, charges and expenses. To obtain a prospectus or summary

866-787-2257 or visit www.ssga.com. Read it carefully.

Information Classification: General