Filed Pursuant To Rule 433
Registration No. 333-209926
November 10, 2016
SPDR® ETF Trading Report
October 2016
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. Daily Consolidated Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs. 3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size ($) trailing Size (%) 10/14/2016
US Core
SPY SPDR S&P 500® ETF 0.01 0.00 0.01 82,130,691 18,972,895,567 85,356,137
15,717 13,723 3,364,853 2,958,130 271 0.30 241,090,681 MDY SPDR S&P MidCap 400® ETF 0.04 0.02 0.04 1,201,610 353,617,364 1,180,630 1,943 1,781 539,396 500,336 133 0.50 3,208,294 SLY SPDR S&P 600 Small Cap ETF 0.27 0.25 0.26 22,578
2,624,433 17,686 2,611 2,397 286,557 264,341 113 0.60 10,398 DIA SPDR Dow Jones Industrial Average ETF Trust 0.01 0.01 0.01 2,676,906 511,261,390 2,948,765 1,947 3,428 353,536 626,707 145 0.30 6,844,918 THRK SPDR Russell 3000 ETF 0.51 0.33 0.50
25,131 4,190,125 15,735 2,280 2,249 360,377 359,862 104 0.30 21,092 TWOK SPDR Russell 2000® ETF 0.21 0.29 0.21 52,013 3,816,146 18,996 5,657 5,709 408,039 412,133 1,111 0.70 391,150 ONEK SPDR Russell 1000 ETF 0.30 0.30 0.27 5,791 663,149 4,518
2,887 3,111 289,653 314,802 92 0.50 17,076 SMD SPDR S&P 1000 ETF 0.41 0.50 0.47 3,235 335,302 19,738 1,195 2,344 96,771 189,325 214 0.60 1,216 SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.15 0.29 0.11 7,438 261,771 5,761 17,923 17,400
921,780 901,320 159 0.50 6,422 SHE SPDR SSGA Gender Diversity Index ETF 0.08 0.12 0.07 1,061 124,824 955 7,622 7,029 485,217 450,559 147 0.40 2,962
US Style
SPYG SPDR S&P 500 Growth ETF 0.22 0.21 0.21 18,618 2,108,709 19,369 3,105 2,623 323,231 275,100 108 0.40 10,626 SPYV SPDR S&P 500 Value ETF 0.15 0.15 0.14
10,294 1,130,817 6,785 2,477 1,980 252,109 202,594 85 0.40 18,961 MDYG SPDR S&P 400 Mid Cap Growth ETF 0.34 0.27 0.34 25,899 3,388,335 16,641 3,257 2,918 406,930 369,536 71 0.50 8,262 MDYV SPDR S&P 400 Mid Cap Value ETF 0.23 0.27 0.23 49,513
4,313,926 26,829 5,349 5,493 457,607 470,695 104 0.50 6,692 SLYG SPDR S&P 600 Small Cap Growth ETF 0.48 0.26 0.49 22,718 4,700,081 18,722 2,323 2,384 433,054 447,954 58 0.60 21,803 SLYV SPDR S&P 600 Small Cap Value ETF 0.23 0.22 0.22 51,252
5,526,697 36,462 2,277 2,196 239,631 232,073 96 0.60 15,720
US Sector
XLY
Consumer Discretionary Select Sector SPDR Fund 0.01 0.01 0.01 5,317,646 599,543,993 4,874,240 9,765 10,467 775,732 835,790 180 0.50 22,030,206 XLP Consumer Staples Select Sector SPDR Fund 0.01 0.02 0.01 11,778,771 737,406,391 11,969,280 53,596
56,933 2,808,966 3,036,806 422 0.40 63,960,901 XLE Energy Select Sector SPDR Fund 0.01 0.01 0.01 12,609,513 1,054,262,197 15,702,736 9,170 10,586 643,826 730,646 178 0.60 32,464,116 XLF Financial Select Sector SPDR Fund 0.01 0.05 0.01 50,897,962
1,045,473,326 44,048,905 1,214,787 1,098,335 23,773,382 23,581,252 1,445 0.50 97,019,176 XLV Health Care Select Sector SPDR Fund 0.01 0.01 0.01 9,566,542 962,507,199 8,483,355 14,532 15,448 1,023,925 1,112,874 219 0.60 31,119,002 XLI Industrial
Select Sector SPDR Fund 0.01 0.02 0.01 9,382,989 655,595,499 9,690,379 27,726 31,931 1,592,027 1,846,250 312 0.40 31,200,088
Source: ArcaVision. Data is as of
October 31, 2016. Past performance is not a guarantee of future results.
State STREET GLOBAL ADVISORS. SPDR
SPDR® ETF Trading Report
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. Daily Consolidated
Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs.
3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size
($) trailing Size (%) 10/14/2016
US Sector (cont’d)
XLB
Materials Select Sector SPDR Fund 0.01 0.02 0.01 4,881,995 251,089,443 4,575,721 22,051 23,435 1,034,412 1,116,678 246 0.50 18,978,465 XLK Technology Select Sector SPDR Fund 0.01 0.02 0.01 6,917,581 387,377,131 8,547,137 69,180 80,220 3,290,201
3,791,197 447 0.40 19,255,374 XLU Utilities Select Sector SPDR Fund 0.01 0.02 0.01 16,509,761 871,231,415 15,629,146 25,741 27,734 1,233,766 1,365,622 320 0.70 58,399,082 XLFS Financial Services Select Sector SPDR Fund 0.04 0.12 0.08 130,158
4,068,865 123,675 17,938 15,023 555,719 462,107 260 0.50 56,515 XLRE Real Estate Select Sector SPDR Fund 0.01 0.03 0.01 2,154,209 78,391,400 1,613,472 40,007 33,149 1,254,620 1,067,066 377 0.80 5,040,789
US Industry
KBE SPDR S&P Bank ETF 0.01 0.03 0.01 2,767,536 98,190,682 3,037,183 15,506
20,968 527,979 701,170 237 0.70 3,364,279 KCE SPDR S&P Capital Markets ETF 0.06 0.15 0.04 8,813 394,110 19,801 2,708 2,181 108,212 85,626 120 0.60 19,085 KIE SPDR S&P Insurance ETF 0.04 0.05 0.04 99,057 7,956,239 134,518 2,675 2,934 200,598
216,206 178 0.50 952,426 KRE SPDR S&P Regional Banking ETF 0.01 0.02 0.01 5,110,395 237,783,894 5,108,750 8,519 9,665 366,487 408,056 170 0.80 23,658,604 XBI SPDR S&P Biotech ETF 0.02 0.04 0.02 5,939,548 397,822,478 6,147,578 1,444 1,627
88,041 102,111 163 1.40 32,493,070 MTK SPDR Morgan Stanley Technology ETF 0.18 0.30 0.13 22,502 1,403,530 18,199 3,849 4,924 229,785 290,565 243 0.50 5,603 XHB SPDR S&P Homebuilders ETF 0.01 0.03 0.01 2,173,777 80,899,805 2,083,020 14,964 15,820
490,221 541,677 180 0.80 11,510,679 XME SPDR S&P Metals & Mining ETF 0.01 0.04 0.01 3,787,914 110,907,188 4,408,301 8,266 8,501 209,874 222,641 184 1.30 17,172,786 XES SPDR S&P Oil & Gas Equipment & Services ETF
0.01 0.07 0.01 473,792 9,217,880 380,284 7,526 9,783 144,574 179,127 298 1.40 557,495 XITK SPDR FactSet Innovative Technology ETF 0.07 0.12 0.09 1,749 132,187 3,568 500 516 30,395 31,724 102 0.90 6,282 XOP SPDR S&P Oil & Gas
Exploration & Production ETF 0.01 0.03 0.01 16,307,883 670,432,060 16,403,911 10,201 10,629 384,476 391,998 204 1.00 55,184,347 XPH SPDR S&P Pharmaceuticals ETF 0.04 0.09 0.04 146,246 6,381,963 137,213 3,132 3,376 133,141 151,279 194
1.10 716,433 XRT SPDR S&P Retail ETF 0.01 0.02 0.01 2,687,577 129,599,548 3,686,825 7,043 8,352 304,117 368,741 155 0.60 23,532,392 XSD SPDR S&P Semiconductor ETF 0.04 0.08 0.04 99,737 5,347,116 101,479 2,585 3,179 134,446 162,669 240 0.80
1,246,719 XHE SPDR S&P Health Care Equipment ETF 0.17 0.35 0.17 34,342 1,766,015 29,097 2,583 2,669 127,342 135,585 153 0.90 31,662 XTL SPDR S&P Telecom ETF 0.20 0.31 0.16 8,315 582,932 6,924 4,537 4,993 292,818 320,650 216 0.70 14,469 XAR
SPDR S&P Aerospace & Defense ETF 0.08 0.13 0.07 19,455 1,198,762 19,394 2,673 2,076 153,804 120,034 178 0.70 74,828 XHS SPDR S&P Health Care Services ETF 0.06 0.11 0.06 19,047 1,075,637 61,838 5,865 6,331 312,194 351,877 153 1.00
34,265 XSW SPDR S&P Software & Services ETF 0.11 0.19 0.10 1,921 132,225 2,309 1,929 1,966 104,764 107,068 142 0.60 4,102 XTH SPDR S&P Technology Hardware ETF 0.19 0.32 0.14 81 8,753 230 3,476 3,417 206,266 200,646 2 1.10 766 XTN
SPDR S&P Transportation ETF 0.05 0.12 0.05 22,510 1,176,071 35,082 3,063 3,089 145,247 144,380 181 0.50 174,641 XWEB SPDR S&P Internet ETF 0.24 0.39 0.29 287 37,738 909 3,404 3,196 201,619 185,208 9 0.90 8,508
Source: ArcaVision. Data is as of October 31, 2016. Past performance is not a guarantee of future results.
State Street Global Advisors 2
SPDR® ETF Trading Report
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. Daily Consolidated
Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs.
3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size
($) trailing Size (%) 10/14/2016
Real Estate Equities
RWR SPDR Dow
Jones REIT ETF 0.05 0.05 0.04 321,736 32,021,853 306,762 2,366 2,135 219,470 207,287 154 0.80 81,997 RWO SPDR Dow Jones Global Real Estate ETF 0.03 0.07 0.04 303,630 14,981,719 254,253 1,364 1,468 64,681 72,549 186 0.70 197,762 RWX SPDR Dow Jones
International Real Estate ETF 0.01 0.03 0.01 704,147 30,172,682 620,197 4,924 5,468 196,418 226,102 232 0.70 991,321
Global Equities
DGT SPDR Global Dow ETF 0.36 0.53 0.36 1,006 88,633 3,081 296 1,054 20,134 71,261 101 0.50 12,846 GII SPDR S&P Global Infrastructure ETF 0.12 0.25 0.14 23,839 1,837,293 12,897
475 596 21,945 27,809 161 0.60 55,956 GNR SPDR S&P Global Natural Resources ETF 0.05 0.12 0.05 257,582 10,135,437 183,558 2,330 1,936 91,103 74,981 228 0.50 147,238 CWI SPDR MSCI ACWI ex-US ETF 0.02 0.05 0.02 192,837 7,058,965 169,111 8,169
10,349 262,552 334,066 246 0.40 4,051 ACIM SPDR MSCI ACWI IMI ETF 1.18 1.82 1.10 4,290 315,863 3,848 509 527 33,075 34,350 82 0.90 7,240 EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.38 0.63 0.38 105,690 6,344,187 105,690 667 667 28,773 40,213
257 0.20 0 GWL SPDR S&P World ex-US ETF 0.03 0.10 0.03 165,495 4,363,365 100,501 5,340 5,400 138,733 140,778 593 0.40 5,118 GWX SPDR S&P International Small Cap ETF 0.04 0.13 0.04 98,887 3,353,209 94,163 1,063 1,094 32,953 33,761 247 0.40
152,098 LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.05 0.06 0.05 675 89,626 476 1,002 1,001 73,817 74,094 79 0.40 1,285
International Developed Equities —
Region/Country
FEZ SPDR EURO STOXX 50 ETF 0.01 0.03 0.01 1,620,336 56,397,722 1,650,353 55,598 59,165 1,804,711 1,929,371 439 0.40 1,901,869 FEU SPDR STOXX Europe
50 ETF 0.03 0.11 0.04 54,101 1,708,171 50,880 1,411 1,459 41,949 44,018 236 0.40 4,603 SMEZ SPDR EURO STOXX Small Cap ETF 0.14 0.29 0.14 2,843 155,569 2,177 1,381 1,832 64,727 85,646 144 0.40 330 HFEZ SPDR EURO STOXX 50 Currency Hedged ETF 0.11 0.31
0.12 496 33,632 1,725 2,598 2,523 86,591 83,032 10 0.80 492 HREX SPDR MSCI International Real Estate Currency 0.18 43.47 0.18 3 124 1,362 403 386 16,655 16,432 0 0.00 123 Hedged ETF
HDWX SPDR S&P International Dividend Currency 0.39 0.94 0.29 416 32,563 1,342 337 386 14,012 15,664 68 0.60 1,079 Hedged ETF
Emerging Market Equities
GMM SPDR S&P Emerging Markets ETF 0.32 0.19 42,241 2,630,898
41,869 455 653 27,673 39,298 98 0.70 16,652 GML SPDR S&P Emerging Latin America ETF 0.32 0.66 0.26 1,420 98,162 1,700 320 478 15,542 22,351 87 0.80 2,989 GAF SPDR S&P Emerging Middle East & Africa ETF 0.60 1.02 0.83 850 80,680 1,256
263 293 15,346 17,694 42 1.20 1,167
Source: ArcaVision. Data is as of October 31, 2016. Past performance is not a guarantee of future results.
State Street Global Advisors 3
SPDR® ETF Trading Report
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. Daily Consolidated
Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs.
3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size
($) trailing Size (%) 10/14/2016
Emerging Market Equities (cont’d)
GUR SPDR S&P Emerging Europe ETF 0.18 0.67 0.17 5,195 179,047 8,671 474 523 12,461 13,624 44 0.80 7,084 GMF SPDR S&P Emerging Asia Pacific ETF 0.16 0.19 0.15 18,958
1,663,078 23,198 641 705 52,767 57,556 90 0.60 53,384 EEMX SPDR MSCI Emerging Markets Fossil Fuel 0.38 0.69 0.38 19085.6 1,051,391 19,086 489 489 16,424 26,787 0 0.90 0 Reserves Free ETF
EWX SPDR S&P Emerging Markets Small Cap ETF 0.06 0.13 0.07 143,157 9,412,964 83,596 1,240 1,096 53,965 47,347 173 0.60 1,052,816 GXC SPDR S&P China ETF 0.08 0.10 0.08
101,252 8,758,151 87,182 942 874 75,285 68,924 128 0.70 312,419 RBL SPDR S&P Russia ETF 0.08 0.43 0.09 6,585 146,470 8,474 1,129 1,979 20,266 34,811 271 0.80 6,961 XINA SPDR MSCI China A Shares IMI ETF 0.22 1.04 0.25 389 11,103 261 241 217 5,203
4,715 48 1.20 200
International Sector Equities
IPD SPDR S&P
International Consumer Discretionary 0.23 0.65 0.21 1,091 61,741 819 332 310 11,912 11,200 51 0.60 82 Sector ETF
IPS SPDR S&P International Consumer Staples
0.23 0.54 0.21 10,643 528,744 5,933 483 450 20,610 19,422 122 0.50 2,475
Sector ETF
IPW SPDR S&P International Energy Sector ETF 0.07 0.38 0.06 33,001 611,690 50,323 1,092 1,225 19,601 21,340 209 0.60 55,041 IPF SPDR S&P International Financial Sector ETF
0.08 0.47 0.09 6,306 127,348 2,905 584 591 10,617 10,709 111 0.50 12,842 IRY SPDR S&P International Health Care Sector ETF 0.10 0.23 0.13 8,278 438,149 9,934 728 1,221 33,510 58,571 152 0.60 563 IPN SPDR S&P International Industrial Sector
ETF 0.10 0.35 0.09 9,312 305,455 5,647 953 988 28,647 29,729 144 0.40 12,654 IRV SPDR S&P International Materials Sector ETF 0.17 0.85 0.22 9,936 211,556 9,521 1,823 1,117 36,387 21,960 234 0.60 1,750 IPK SPDR S&P International Technology
Sector ETF 0.27 0.81 0.31 4,502 318,267 3,601 803 923 27,302 31,382 97 0.70 3,857 IST SPDR S&P International Telecommunications 0.07 0.28 0.07 8,493 228,181 4,084 1,011 1,070 24,173 26,012 209 0.70 396 Sector ETF
IPU SPDR S&P International Utilities Sector ETF 0.05 0.29 0.05 9,524 167,659 6,927 1,028 1,213 16,129 19,517 202 0.70 9,666
Advanced Beta — Income
EDIV SPDR S&P Emerging Markets Dividend ETF 0.05 0.17 0.05
72,701 2,060,379 67,744 993 851 27,466 24,083 215 0.80 198,082 DWX SPDR S&P International Dividend ETF 0.05 0.14 0.05 136,078 5,141,398 120,096 1,317 1,197 48,044 43,882 245 0.50 139,886 SDY SPDR S&P Dividend ETF 0.02 0.02 0.01 786,840
66,883,592 739,024 2,997 3,092 246,983 259,821 195 0.40 1,396,559 WDIV SPDR S&P Global Dividend ETF 0.08 0.13 0.09 10,092 727,464 12,647 486 529 30,103 33,533 133 0.50 9,099 SPYD SPDR S&P 500 High Dividend ETF 0.06 0.19 0.06 24,566 911,366
16,068 19,001 20,697 639,954 703,905 325 0.40 29,022
Source: ArcaVision. Data is as of October 31, 2016. Past performance is not a guarantee of future
results.
State Street Global Advisors 4
SPDR® ETF Trading Report
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. DailyConsolidated
Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs.
3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size
($) trailing Size (%) 10/14/2016
Advanced Beta — Multi Factor
QAUS SPDR MSCI Australia StrategicFactorsSM ETF 0.05 0.10 0.05 2,373 164,475 3,073 1,018 994 50,248 48,587 271 0.90 278 QCAN SPDR MSCI Canada StrategicFactorsSM
ETF 0.07 0.13 0.06 794 63,557 1,267 961 892 50,212 46,652 74 0.60 3,008 QDEU SPDR MSCI Germany StrategicFactorsSM ETF 0.06 0.11 0.05 427 36,228 1,026 949 803 48,380 41,507 129 0.60 568 QJPN SPDR MSCI Japan StrategicFactorsSM ETF 0.25 0.37 0.25 2,086
221,545 1,165 478 489 32,275 32,822 149 0.60 836 QESP SPDR MSCI Spain StrategicFactorsSM ETF 0.04 0.08 0.04 52 4,852 105 1,000 998 41,660 41,237 24 1.60 150 QGBR SPDR MSCI United Kingdom StrategicFactorsSM ETF 0.16 0.36 0.16 250 19,959 185 723 712
33,222 33,535 99 1.30 87 QEFA SPDR MSCI EAFE StrategicFactorsSM ETF 0.44 0.80 0.35 1,512 127,722 1,576 477 1,164 25,954 64,474 75 0.50 1,633 QMEX SPDR MSCI Mexico StrategicFactorsSM ETF 0.15 0.65 0.13 2,189 60,010 956 769 739 17,341 16,502 106 1.10
6,488 QKOR SPDR MSCI Korea StrategicFactorsSM ETF 0.11 0.39 0.09 175 8,585 369 671 602 18,298 16,441 10 1.20 581 QTWN SPDR MSCI Taiwan StrategicFactorsSM ETF 0.34 0.57 0.23 107 15,378 166 493 476 29,610 27,936 12 0.50 2 QWLD SPDR MSCI World
StrategicFactorsSM ETF 0.70 1.12 0.53 96 16,906 194 378 407 23,410 25,702 5 0.60 2,449 QEMM SPDR MSCI Emerging Markets StrategicFactorsSM ETF 0.40 0.74 0.34 8,509 508,317 9,171 1,664 1,552 90,222 83,249 128 0.60 94,987 QUS SPDR MSCI USA
StrategicFactorsSM ETF 0.13 0.21 0.12 1,410 116,191 1,973 894 1,147 55,803 72,169 77 0.30 1,020
Advanced Beta — Single Factor
SPYB SPDR S&P 500 Buyback ETF 0.07 0.15 0.07 674 97,599 768 9,813 9,648 478,384 472,270 28 0.80 981 VLU SPDR S&P 1500 Value Tilt ETF 0.59 0.73 0.59 104 14,283 196 3,989
3,784 326,380 311,915 1 0.10 4,764 MMTM SPDR S&P 1500 Momentum Tilt ETF 0.27 0.29 0.50 203 36,297 346 1,940 1,698 176,191 154,790 5 0.80 1,137 LGLV SPDR Russell 1000 Low Volatility ETF 0.45 0.58 0.48 4,580 444,197 6,128 886 972 68,904 77,099 119
0.40 4,756 SMLV SPDR Russell 2000 Low Volatility ETF 0.25 0.32 0.27 9,044 846,686 14,673 2,205 2,327 177,304 190,186 216 0.60 4,943 ONEY SPDR Russell 1000 Yield Focus ETF 0.31 0.48 0.35 101 16,547 83 5,421 5,307 352,419 347,927 28 0.60 3,710 ONEO
SPDR Russell 1000 Momentum Focus ETF 0.21 0.34 0.23 2,434 211,175 2,166 4,167 4,061 257,396 253,122 180 0.40 9,724 ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.16 0.26 0.28 1,950 152,841 6,243 5,913 3,682 378,018 242,276 82 0.40 59,968
Advanced Beta — Fixed Income
CBND SPDR Bloomberg Barclays Issuer Scored
Corporate Bond ETF 0.10 0.31 0.12 11,063 473,463 6,006 676 574 22,085 18,799 599 0.20 2,421
Fixed Income — US Government
BIL SPDR Bloomberg Barclays 1–3 Month T-Bill ETF 0.01 0.02 0.01 553,099 28,076,584 711,453 2,089,872 1,570,102 95,569,847 71,785,063 1,433 0.00 551,973 ITE SPDR Bloomberg
Barclays Intermediate Term Treasury ETF 0.05 0.08 0.04 61,964 3,927,713 57,749 9,100 7,002 555,646 428,732 153 0.10 4,075 TLO SPDR Bloomberg Barclays Long Term Treasury ETF 0.09 0.11 0.09 65,396 5,365,278 80,129 1,591 3,363 122,396 264,769 183 0.50
3,771 IPE SPDR Bloomberg Barclays TIPS ETF 0.06 0.10 0.07 36,510 2,216,272 38,187 2,886 4,235 166,782 244,741 179 0.20 20,126
Source: ArcaVision. Data is as of
October 31, 2016. Past performance is not a guarantee of future results.
State Street Global Advisors 5
SPDR® ETF Trading Report
Consolidated
Consolidated Avg. Avg. Avg. Avg. Quote Short Avg. Daily ConsolidatedDaily Volume
Quote Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread Spread ($) Volume Avg. Daily (shares) vs. Size (Shares) vs. Quote vs. 3 mo. Trade
Volatility as of
Ticker ETF Name ($) (%) vs. 3 mo. trailing (shares) Volume ($)3 mo. trailing (shares) 3 mo. trailing Size ($) trailing
Size (%) 10/14/2016 Fixed Income — US Government (cont’d)
SST SPDR Bloomberg Barclays Short Term Treasury ETF 0.13 0.43 0.08 43,488 2,966,208 53,226
3,152 3,245 95,915 98,875 476 0.10 97,768 SIPE SPDR Bloomberg Barclays 0–5 Year TIPS ETF 0.12 0.59 0.12 2,426 83,518 1,173 1,125 1,098 22,219 21,686 231 0.20 771 TIPX SPDR Bloomberg Barclays 1–10 Year TIPS ETF 0.06 0.31 0.08 4,879 121,461
9,206 476 1,238 9,406 24,488 173 0.20 59,699
Fixed Income — US Investment Grade Corporates
SCPB SPDR Bloomberg Barclays Short Term Corporate Bond ETF 0.01 0.03 0.01 489,364 15,392,189 533,362 21,519 20,622 660,203 633,714 391 0.00 404,250 ITR SPDR Bloomberg Barclays
Intermediate Term Corporate 0.02 0.06 0.02 360,292 12,780,406 277,052 1,521 1,869 52,809 65,023 229 0.10 89,122 Bond ETF
LWC SPDR Bloomberg Barclays Long Term
Corporate Bond ET 0.14 0.33 0.12 57,747 2,577,478 42,780 453 730 19,139 31,054 74 0.40 18,951 FLRN SPDR Bloomberg Barclays Investment Grade Floating 0.04 0.12 0.03 48,993 1,626,357 103,992 1,015 1,005 31,100 30,763 170 0.00 10,054 Rate ETF
Fixed Income — High Yield
JNK SPDR Bloomberg Barclays High Yield Bond
ETF 0.01 0.03 0.01 10,417,143 408,385,755 10,229,566 91,274 87,231 3,337,890 3,174,336 499 0.20 30,713,058 SJNK SPDR Bloomberg Barclays Short Term High Yield Bond ETF 0.01 0.04 0.01 1,185,409 33,541,499 1,339,868 20,388 19,942 563,320 547,408 274
0.20 1,081,648 CJNK SPDR BofA Merrill Lynch Crossover Corporate Bond ETF 0.23 0.86 0.24 5,764 179,874 4,193 1,632 1,305 43,183 34,465 149 0.20 8,793
Fixed Income
— US Mortgage
MBG SPDR Bloomberg Barclays Mortgage Backed Bond ETF 0.04 0.15 0.04 32,043 1,035,156 90,944 1,608 3,199 43,496 86,981 273 0.10 47,775
Fixed Income — US Aggregate
BNDS SPDR Bloomberg Barclays Aggregate Bond
ETF 0.05 0.09 0.05 99,121 6,056,412 127,492 2,143 2,243 126,030 132,584 670 0.10 28,244
Fixed Income — Hybrids
CWB SPDR Bloomberg Barclays Convertible Securities ETF 0.02 0.04 0.02 899,351 44,999,307 858,933 2,426 3,506 111,620 160,785 163 0.30 2,106,165 PSK SPDR Wells Fargo Preferred Stock
ETF 0.06 0.12 0.05 87,846 4,157,917 105,426 11,585 11,546 524,453 530,192 181 0.20 18,674
Fixed Income — Municipal
SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal 0.02 0.03 0.01 264,742 13,292,607 290,038 12,963 15,008 631,298 734,642 319 0.00 174,971 Bond ETF
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 0.03 0.06 0.03 207,395 10,540,804 206,222 7,796 8,153 386,370 408,058 243 0.10 304,370 HYMB SPDR Nuveen S&P High Yield
Municipal Bond ETF 0.05 0.09 0.05 68,776 4,230,117 80,515 801 650 47,043 38,506 173 0.10 103,313
Source: ArcaVision. Data is as of October 31, 2016. Past
performance is not a guarantee of future results.
State Street Global Advisors 6
SPDR® ETF Trading Report
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. Daily Consolidated
Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs.
3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size
($) trailing Size (%) 10/14/2016
Fixed Income — International
WIP SPDR Citi International Government Inflation- 0.14 0.24 0.16 92,917 6,084,065 73,354 320 417 18,010 23,494 110 0.40 214,601 Protected Bond ETF
BWZ SPDR Bloomberg Barclays Short Term 0.12 0.39 0.14 22,603 762,000 16,255 925 815 28,869 25,697 224 0.30 10,098 International Treasury Bond ETF
BWX SPDR Bloomberg Barclays International Treasury 0.04 0.13 0.05 682,345 19,907,894 458,167 3,719 2,119 104,132 87,515 481 0.40 348,880 Bond ETF
IBND SPDR Bloomberg Barclays International Corporate 0.10 0.30 0.10 45,280 1,533,746 60,100 1,226 997 39,833 33,090 125 0.30 7,394 Bond ETF
EBND SPDR Bloomberg Barclays Emerging Markets 0.09 0.30 0.09 46,012 1,336,779 93,214 560 941 15,781 26,649 144 0.40 47,296 Local Bond ETF
Commodity
GLD® SPDR Gold Shares 0.01 0.01 0.01 8,631,948 1,205,676,398 9,395,652 9,178
9,977 1,109,161 1,248,322 218 0.50 6,574,857 NANR SPDR S&P North American Natural 0.05 0.15 0.05 26,944 921,919 27,314 3,836 3,348 127,240 113,330 263 0.70 42,829
Resources ETF
Active — Asset Allocation
RLY SPDR SSGA Multi-Asset Real Return ETF 0.05 0.21 0.05 16,658 473,964 13,683 9,951 10,978 240,516 267,314 213 0.30 75 INKM SPDR SSGA Income Allocation ETF 0.07 0.22 0.05 4,926
180,941 9,983 12,465 11,001 388,783 348,732 251 0.30 4,553 GAL SPDR SSGA Global Allocation ETF 0.08 0.23 0.09 17,999 637,787 15,970 13,299 13,945 443,123 470,504 228 0.30 46,546 DWFI SPDR Dorsey Wright Fixed Income Allocation ETF 0.08 0.33 0.11
1,964 49,685 18,253 2,807 2,184 70,920 55,672 183 0.12 5618
Active — Equity
SYE SPDR MFS Systematic Core Equity ETF 0.23 0.38 0.16 115 12,624 301 1,425 1,376 85,215 82,863 11 0.40 7 SYG SPDR MFS Systematic Growth Equity ETF 0.21 0.35 0.18 528 49,249 574
1,375 1,199 84,260 74,134 29 0.60 33 SYV SPDR MFS Systematic Value Equity ETF 0.32 0.59 0.18 184 20,012 427 1,234 1,627 66,747 88,476 1 0.30 101
Active —
Fixed Income
TOTL SPDR DoubleLine Total Return Tactical ETF 0.02 0.04 0.02 246,424 12,551,134 305,506 3,026 3,052 151,088 152,753 199 0.10 164,067 EMTL SPDR
DoubleLine Emerging Markets Fixed 0.35 0.66 0.31 173 9,123 749 31 37 165,615 193,525 126 0.24 3,457 Income ETF
STOT SPDR DoubleLine Short Duration Total Return
0.17 0.33 0.15 23,664 1,191,001 8,088 78 67 391,117 337,848 511 0.17 5,953 Tactical ETF
SRLN SPDR Blackstone / GSO Senior Loan ETF 0.03 0.07 0.03 164,834 8,164,591
127,962 5,967 6,473 281,881 305,396 211 0.10 88,846
Source: ArcaVision. Data is as of October 31, 2016. Past performance is not a guarantee of future results.
State Street Global Advisors 7
SPDR® ETF Trading Report
Consolidated Consolidated Avg. Avg. Avg. Quote Short
Spread ($) Avg. Daily Consolidated
Daily Volume Avg. Quote Size Avg. Size ($) Avg. Daily Interest
Spread Spread vs. 3 mo. Volume Avg. Daily (shares) vs. Quote Size (Shares) vs. Quote vs.
3 mo. Trade Volatility as of
Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 mo. trailing (shares) 3 mo. trailing Size
($) trailing Size (%) 10/14/2016
Active — Fixed Income (cont’d)
ULST SPDR SSGA Ultra Short Term Bond ETF 0.03 0.08 0.04 3,929 188,405 3,610 2,859 2,900 114,989 116,580 205 0.10 764
Source: ArcaVision. Data is as of October 31, 2016. Past performance is not a guarantee of future results.
Prior to August 31, 2016, the SPDR S&P® 500 Fossil Fuel Reserves Free ETF was known as the SPDR S&P 500 Fossil Fuel Free ETF. There were no changes to the
investment objective, strategy or policies of the fund in connection with the fund’s name change.
Prior to August 31, 2016, the SPDR S&P 1000®
ETF (Ticker: SMD) was known as the SPDR Russell Small Cap Completeness® ETF (Ticker: RSCO). Prior to October 31, 2016, the SPDR Bloomberg Barclays ETFs were known as the SPDR Barclays ETFs.
ssga.com | spdrs.com
For investment professional use only. Not for use with the public. Please
see the GLD prospectus for a detailed discussion of the risks of investing in GLD shares. When this document is distributed electronically, the GLD prospectus is available by clicking here. State Street Global Advisors, One Lincoln Street, Boston,
MA 02111-2900. T: +1 617 664 7727. For more information: State Street Global Markets, LLC (Marketing Agent for GLD), One Lincoln Street, Important Risk Information Boston, MA, 02111 T: +1 866 320 4053 spdrgoldshares.com
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value. The trademarks and service marks referenced herein are the
property of their respective owners. Third party data
Brokerage commissions and ETF expenses will reduce returns. providers make no warranties or representations
of any kind relating to the accuracy, completeness or timeliness of While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and the data and have no liability for damages of any kind
relating to the use of such data. may trade at significant discounts in periods of market stress. State Street Global Advisors and SSGA are registered trademarks of State Street Corporation.
Investing in commodities entails significant risk and is not appropriate for all investors. Standard & Poor’s®, S&P® and SPDR® are
registered trademarks of Standard & Poor’s Financial Services LLC (S&P);
® Dow Jones is a registered trademark of Dow Jones Trademark
Holdings LLC (Dow Jones); and these trademarks have Important Information Relating to SPDR Gold Trust (“GLD “): been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street
The SPDR Gold Trust (“GLD”) has filed a registration statement (including a prospectus) with Corporation. State Street Corporation’s financial products are not
sponsored, endorsed, sold or promoted by SPDJI, the Securities and Exchange Commission (“SEC”) for the offering to which this communication Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties
make any representation relates. Before you invest, you should read the prospectus in that registration statement and other regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for
documents GLD has filed with the SEC for more complete information about GLD and this offering. any errors, omissions, or interruptions of any index.
You may get
these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting
Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly
owned subsidiary of State Street spdrgoldshares.com. Alternatively, the SPDR Gold Trust will arrange to send you the prospectus if you
Corporation. References to
State Street may include State Street Corporation and its affiliates. Certain State Street request it by calling 866.320.4053. affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., a registered broker-dealer,
GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not is distributor for SPDR S&P 500,
SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, and all unit subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of the Trust investment trusts. ALPS Portfolio Solutions
Distributor, Inc. is distributor for Select Sector SPDRs. ALPS Distributors, do not have the protections associated with ownership of shares in an investment company registered under the Inc. and ALPS Portfolio Solutions Distributor, Inc. are not
affiliated with State Street Global Markets, LLC.
1940 Act or the protections afforded by the CEA.
State Street Global Markets, LLC is the distributor for certain registered products on behalf of the advisor. SSGA Funds
GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLD Management has retained GSO Capital Partners, Nuveen Asset
Management & Massachusetts Financial Services shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold Company & DoubleLine Capital LP as the sub-advisor. GSO Capital
Partners, Nuveen Asset Management, MFS, and could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, DoubleLine Capital LP are not affiliated with State Street Global Markets, LLC. which
trade at market price, may be more or less than the value of the gold represented by them. GLD does not generate any income, and as GLD regularly sells gold to pay for its ongoing expenses, the amount of gold represented Before investing, consider
the funds’ investment objectives, risks, charges and expenses. by each Share will decline over time. Investing involves risk, and you could lose money on an investment in GLD. To obtain a prospectus or summary prospectus which contains this
and other information, call +1 617 664 7727 or visit spdrs.com. Read it carefully.
Not FDIC Insured • No Bank Guarantee • May Lose Value
© 2016 State Street Corporation. All Rights Reserved.
State Street Global Advisors
ID8072-IBG-21941 1116 Exp. Date: 11/30/2017 SPD001210
SPDR® GOLD TRUST has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.