SPDR® MSCI ACWI
ex-US ETFCWI

Key Features

Total Return (As of 12/31/2023)•• The SPDR® MSCI ACWI ex-US ETF seeks to provide
investment results that, before fees and expenses, correspondgenerally to the total return performance of the MSCI ACWI ex
USA Index (the “Index”)•• Seeks to provide access to virtually all developed andemerging market countries outside of the US•• The Index provides a broad measure of stock performancecovering approximately 85% of the global equity opportunity
set outside the US•• Seeks to provide large and mid cap security exposure using amarket-cap weighted index methodology
About This Benchmark
The MSCI ACWI ex USA Index is a float-adjusted market
capitalization index that is designed to measure the combined
equity market performance of large- and mid-cap securities
in developed and emerging market countries excluding theUnited States.
Fund Information
Inception Date

01/10/2007

CUSIP

78463X848

Fact Sheet
EquityAs of 12/31/2023

NAV
(%)

Market Value
(%)

Index
(%)

QTD

9.73

10.12

9.75

YTD

15.92

15.72

15.62

1 Year

15.92

15.72

15.62

3 Year

2.00

2.06

1.55

5 Year

7.36

7.31

7.08

10 Year

4.14

4.06

3.83

Cumulative

Annualized

Gross Expense Ratio (%)

0.30

Net Expense Ratio (%)

0.30

30 Day SEC Yield (%)

2.51

30 Day SEC Yield Unsubsidized (%)

2.51

Past performance is not a reliable indicator of future performance.
Investment return and principal value will fluctuate, so you may have again or loss when shares are sold. Current performance may be higher
or lower than that quoted. All results are historical and assume thereinvestment of dividends and capital gains. Visit ssga.com for mostrecent month-end performance. Performance is shown net of fees.
Performance of an index is not illustrative of any particular investment. It
is not possible to invest directly in an index. Index returns are unmanaged
and do not reflect the deduction of any fees or expenses. Index returns
reflect all items of income, gain and loss and the reinvestment of dividends
and other income as applicable.
Characteristics
Index Dividend Yield

3.00%

Price/Earnings Ratio FY1

13.46

Number of Holdings

1,295

Price/Book Ratio

1.73

Average Market Cap (M)US$88,621.12

Not FDIC Insured. No Bank Guarantee. May Lose Value.

1Top 10 Holdings

Weight (%)

TAIWAN SEMICONDUCTOR SP ADR

1.84

NOVO NORDISK A/S B

1.36

NESTLE SA REG

1.30

ASML HOLDING NV

1.23

SAMSUNG ELECTR GDR REG S

1.22

TENCENT HOLDINGS LTD

0.96

LVMH MOET HENNESSY LOUIS VUI

0.92

SHELL PLC

0.91

ROCHE HOLDING AG GENUSSCHEIN

0.87

NOVARTIS AG REG

0.86

Top Sectors

Weight (%)

Financials

21.18

Industrials

13.39

Information Technology

12.49

Consumer Discretionary

11.77

Health Care

9.27

Materials

7.97

Consumer Staples

7.96

Energy5.72

Communication Services

5.46

Utilities

3.07

Real Estate

1.70

Top Country Weights

Weight (%)

Japan

14.53

United Kingdom

9.65

France8.09

Canada

7.78

China

7.29

Switzerland

6.42

Germany

5.42

Australia

4.89

India

4.66

Taiwan4.52

South Korea

3.64

Netherlands

2.92

Denmark

2.19

Sweden

2.18

Spain

1.81

Totals may not equal 100 due to rounding.

2

ssga.com

the last twelve months.

Information Classification: General
Important Risk Information
State Street Global Advisors
One Iron Street, Boston MA 02210
T: +1 866 787 2257
Glossary
NAV The market value of a mutual fund’s orETFs total assets, minus liabilities, divided by
the number of shares outstanding.
Market Value Determined by the midpoint
between the bid/offer prices as of the closing
time of the New York Stock Exchange (typically
4:00PM EST) on business days.
Gross Expense Ratio The fund’s total
annual operating expense ratio. It is gross ofany fee waivers or expense reimbursements.
It can be found in the fund’s most recentprospectus.
30 Day SEC Yield (Also known asStandardized Yield) An annualized yield thatis calculated by dividing the net investment
income earned by the fund over the mostrecent 30-day period by the current maximum
offering price.
30 Day SEC Yield (Unsubsidized) An
annualized yield that is calculated by dividing
the investment income earned by the fundless expenses over the most recent 30-day
period by the current maximum offering pricethat does not take into account expense ratio
subsidizations.
Index Dividend Yield The weighted averageof the underlyings’ indicated annual dividend
divided by price, expressed as a percentage.
Price/Earnings Ratio FY1 The weighted
harmonic average of current share pricedivided by the forecasted one year earnings
per share for each security in the fund.
Negative and positive outliers are included in
the calculation.
Price/Book Ratio The weighted harmonic
average of closing market price divided by
the most recent reported book value for eachsecurity in the fund’s portfolio as calculated for

Weights are as of the date indicated, aresubject to change, and should not be relied
upon as current thereafter.
Investing involves risk including the risk of lossof principal.
The information provided does not constituteinvestment advice and it should not be reliedon as such. It should not be considered asolicitation to buy or an offer to sell a security.
It does not take into account any investor's
particular investment objectives, strategies,
tax status or investment horizon. You should
consult your tax and financial advisor.
The whole or any part of this work may not bereproduced, copied or transmitted or any of
its contents disclosed to third parties without
SSGA’s express written consent.
This communication is not intended to be an
investment recommendation or investment
advice and should not be relied upon as such.
The Fund's investments are subject tochanges in general economic conditions,general market fluctuations and the risks
inherent in investment in securities markets.
Investment markets can be volatile and prices
of investments can change substantially due
to various factors including, but not limited
to, economic growth or recession, changes
in interest rates, changes in the actual or
perceived creditworthiness of issuers, andgeneral market liquidity. The Fund is subject
to the risk that geopolitical events will disrupt
securities markets and adversely affect global
economies and markets. Local, regional orglobal events such as war, acts of terrorism,
the spread of infectious illness or otherpublic health issues, or other events could
have a significant impact on the Fund and its
investments.
If your account holds Russian securities
and instruments, then as of the date of thispublication, they have been fair valued. Suchfair value may be zero. If your portfolio holds
such Russian securities and instruments, thenthe portfolio may not be able to dispose ofsuch securities and instruments dependingon the relevant market, applicable sanctions
requirements, and/or Russian capital
controls or other counter measures. In suchcircumstances, the portfolio would continue
to own and have exposure to Russian-related
issuers and markets. Please refer to yourportfolio holdings report.
Foreign (non-U.S.) Securities may besubject to greater political, economic,environmental, credit and information
risks. Foreign securities may be subject tohigher volatility than U.S. securities, due tovarying degrees of regulation and limited
liquidity. These risks are magnified inemerging markets.
Equity securities may fluctuate in value andcan decline significantly in response to theactivities of individual companies and generalmarket and economic conditions.
The Fund is classified as “diversified” underthe Investment Company Act of 1940, asamended (the “1940 Act”); however, the Fund
may become “non-diversified,” as defined
under the 1940 Act, solely as a result of
tracking the Index (e.g., changes in weightingsof one or more component securities). When
the Fund is non-diversified, it may invest a
relatively high percentage of its assets in alimited number of issuers.
Passively managed funds invest by
sampling the index, holding a range ofsecurities that, in the aggregate, approximates
the full Index in terms of key risk factors andother characteristics. This may cause thefund to experience tracking errors relative toperformance of the index.
While the shares of ETFs are tradable onsecondary markets, they may not readily
trade in all market conditions and may
trade at significant discounts in periods ofmarket stress.
ETFs trade like stocks, are subject toinvestment risk, fluctuate in market value andmay trade at prices above or below the ETFs
net asset value. Brokerage commissions andETF expenses will reduce returns.
Intellectual Property Information: The

3S&P 500® Index is a product of S&P Dow Jones
Indices LLC or its affiliates (“S&P DJI”) andhave been licensed for use by State Street
Global Advisors. S&P®, SPDR®, S&P 500®,US500 and the 500 are trademarks of Standard& Poor’s Financial Services LLC (“S&P”); DowJones® is a registered trademark of Dow Jones
Trademark Holdings LLC (“Dow Jones”) andhas been licensed for use by S&P Dow Jones
Indices; and these trademarks have been
licensed for use by S&P DJI and sublicensed
for certain purposes by State Street Global
Advisors. The fund is not sponsored, endorsed,
sold or promoted by S&P DJI, Dow Jones, S&P,
their respective affiliates, and none of suchparties make any representation regarding
the advisability of investing in such product(s)nor do they have any liability for any errors,omissions, or interruptions of these indices.
The funds or securities referred to herein are
not sponsored, endorsed, or promoted byMSCI, and MSCI bears no liability with respect
to any such funds or securities or any index
on which such funds or securities are based.
The Prospectus contains a more detailed
description of the limited relationship MSCI
has with SSGA Funds Management, Inc andany related funds.
Distributor State Street Global Advisors
Funds Distributors, LLC, member FINRA, SIPC,
an indirect wholly owned subsidiary of State
Street Corporation. References to State Street
may include State Street Corporation and its
affiliates. Certain State Street affiliates provideservices and receive fees from the SPDR ETFs.

Before investing, consider thefunds’ investment objectives, risks,charges and expenses. To obtain aprospectus or summary prospectus
which contains this and otherinformation, call 1-866-787-2257 orvisit ssga.com. Read it carefully.
2023 State Street Corporation.
All Rights Reserved.
Tracking Number: 5900700.1.3.AM.RTL
Expiration Date: 04/30/2024
ETF-CWI 20240109/20:47©