# EDGAR Filing Document

**Accession Number:** 0000884394
**File Stem:** 0001193125-26-247066
**Filing Date:** 2026-5
**Character Count:** 127182
**Document Hash:** 04c30a868f7d2901f8a04500b4eef17a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-247066.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001193125-26-247066

**CONFORMED SUBMISSION TYPE**: N-30D

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**EFFECTIVENESS DATE**: 20260529

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SPDR S&P 500 ETF TRUST
- **CENTRAL INDEX KEY:** 0000884394

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-30D
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06125
- **FILM NUMBER:** 261041014

**BUSINESS ADDRESS:**
- **STREET 1:** 11 WALL STREET
- **STREET 2:** PDR SERVICES LLC C/O NYSE EURONEXT
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005
- **BUSINESS PHONE:** 212-656-4440

**MAIL ADDRESS:**
- **STREET 1:** 11 WALL STREET
- **STREET 2:** PDR SERVICES LLC C/O NYSE EURONEXT
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPDR TRUST SERIES 1
- **DATE OF NAME CHANGE:** 19920929

## Semi-Annual Report
March 31, 2026

## State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust (formerly SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust)
A Unit Investment Trust

**"Standard & Poor's<sup>®</sup>", "S&P<sup>®</sup>", "S&P 500<sup>®</sup>", "Standard & Poor's 500<sup>®</sup>", "500<sup>®</sup>", "Standard & Poor's Depositary Receipts<sup>®</sup>", "SPDR<sup>®</sup>" and "SPDRs<sup>®</sup>" are trademarks of Standard & Poor's Financial Services LLC and have been licensed for use by S&P Dow Jones Indices LLC ("S&P") and sublicensed for use by State Street Global Advisors Funds Distributors, LLC. State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust is permitted to use these trademarks pursuant to a sublicense from State Street Global Advisors Funds Distributors, LLC. State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust is not sponsored, endorsed, sold or promoted by S&P, its affiliates or its third party licensors.**

![](g75559img1cc90d611.jpg)

------

Semi-Annual Report

March 31, 2026

(Unaudited)

**Table of Contents**

---

| | |
|:---|:---|
| [Schedule of Investments (Unaudited)](#xx_1e047b23-f11f-4cf8-832d-b7b8d2fb4e98_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| [Statement of Assets and Liabilities (Unaudited)](#xx_246b0bb9-f14d-42e6-8615-2b5c39f0e521_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;11 |
| [Statements of Operations (Unaudited)](#xx_8caf2e56-2e8b-4f09-a067-9b4d61182836_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;12 |
| [Statements of Changes in Net Assets (Unaudited)](#xx_d33b9f3c-3084-4960-bea9-f14ee6c90253_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;13 |
| [Financial Highlights (Unaudited)](#xx_ec18d2f7-39f6-4bfc-acd1-7eebb169af08_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;14 |
| [Notes to Financial Statements (Unaudited)](#xx_f2b0e4e5-3b95-452c-8495-667fd80b34a5_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;15 |
| [Other Information (Unaudited)](#xx_3f064170-d7cf-4b08-959c-4e9c72f9ff41_1)<br>| &nbsp;&nbsp;&nbsp;&nbsp;24 |

---

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| 3M Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6098613 | &nbsp;&nbsp;$885701566 |
| A.O. Smith Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1309130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86324032 |
| Abbott Laboratories<br>| &nbsp;&nbsp;20152406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2069047524 |
| AbbVie, Inc.<br>| &nbsp;&nbsp;20488943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4456140213 |
| Accenture PLC Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;7128925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1413594538 |
| Adobe, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4755044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155856096 |
| Advanced Micro Devices, Inc. (a)<br>| &nbsp;&nbsp;18916861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3848257033 |
| AES Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8357377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117755442 |
| Aflac, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5401310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592577720 |
| Agilent Technologies, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3303369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376517999 |
| Air Products & Chemicals, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2589412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752198292 |
| Airbnb, Inc. Class A (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4901880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619009406 |
| Akamai Technologies, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1661335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190804325 |
| Albemarle Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1360767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244298499 |
| Alexandria Real Estate Equities, Inc. REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;1805566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83814374 |
| Align Technology, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132941736 |
| Allegion PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;1000559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145371217 |
| Alliant Energy Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2967079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212917589 |
| Allstate Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3008595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623802087 |
| Alphabet, Inc. Class A<br>| &nbsp;&nbsp;67509720 | &nbsp;&nbsp;&nbsp;&nbsp;19413095083 |
| Alphabet, Inc. Class C<br>| &nbsp;&nbsp;54232398 | &nbsp;&nbsp;&nbsp;&nbsp;15557105690 |
| Altria Group, Inc.<br>| &nbsp;&nbsp;19498773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1286724030 |
| Amazon.com, Inc. (a)<br>| 113282119 | &nbsp;&nbsp;&nbsp;&nbsp;23593266924 |
| Amcor PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;5368308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213390243 |
| Ameren Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3205289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352325367 |
| American Electric Power Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6272101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822146999 |
| American Express Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6206127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1877229295 |
| American International Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6204467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466886142 |
| American Tower Corp. REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;5431833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;937425739 |
| American Water Works Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2269750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308890277 |
| Ameriprise Financial, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1055743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469172189 |
| AMETEK, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2678164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574091235 |
| Amgen, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6240665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2195777980 |
| Amphenol Corp. Class A<br>| &nbsp;&nbsp;14254400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801043440 |
| Analog Devices, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5662114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801344948 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Aon PLC Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;2483354 | &nbsp;&nbsp;$801577004 |
| APA Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4125627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175091610 |
| Apollo Global Management, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5401456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601830228 |
| Apple, Inc.<br>| 170242437 | &nbsp;&nbsp;&nbsp;&nbsp;43205828086 |
| Applied Materials, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9200716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3144712722 |
| AppLovin Corp. Class A (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;3145414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1251874772 |
| Aptiv PLC (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;2448274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170008147 |
| Arch Capital Group Ltd. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4131198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396553696 |
| Archer-Daniels-Midland Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5569830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404870943 |
| ARES Management Corp. Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;2389420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260685722 |
| Arista Networks, Inc. (a)<br>| &nbsp;&nbsp;11964984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1469060736 |
| Arthur J Gallagher & Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2983160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646092793 |
| Assurant, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127962286 |
| AT&T, Inc.<br>| &nbsp;&nbsp;81134280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2352082777 |
| Atmos Energy Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1918466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354379040 |
| Autodesk, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;2453142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587282195 |
| Automatic Data Processing, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4662983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947424886 |
| AutoZone, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647827804 |
| AvalonBay Communities, Inc. REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;1645375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268772006 |
| Avery Dennison Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155274201 |
| Axon Enterprise, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387905051 |
| Baker Hughes Co.<br>| &nbsp;&nbsp;11467618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700098079 |
| Ball Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3117635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184283405 |
| Bank of America Corp.<br>| &nbsp;&nbsp;76919491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3749825186 |
| Bank of New York Mellon Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7969604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945434123 |
| Baxter International, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5998538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100775438 |
| Becton Dickinson & Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3293678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517864992 |
| Berkshire Hathaway, Inc. Class B (a)<br>| &nbsp;&nbsp;21261941 | &nbsp;&nbsp;&nbsp;&nbsp;10188722127 |
| Best Buy Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2272878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145918768 |
| Biogen, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1708800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313274304 |
| Bio-Techne Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1812508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94721668 |
| Blackrock, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1671912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1607894490 |
| Blackstone, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8681999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998343065 |
| Block, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6392380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384693428 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Boeing Co. (a)<br>| &nbsp;&nbsp;9113708 | &nbsp;&nbsp;$1813901303 |
| Booking Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;374144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575265966 |
| Boston Scientific Corp. (a)<br>| 17207113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079746341 |
| Bristol-Myers Squibb Co.<br>| 23632807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1433329745 |
| Broadcom, Inc.<br>| 54981466 | &nbsp;&nbsp;&nbsp;&nbsp;17017313542 |
| Broadridge Financial Solutions, Inc.<br>| &nbsp;&nbsp;1361239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221174113 |
| Brown & Brown, Inc.<br>| &nbsp;&nbsp;3404759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222024334 |
| Brown-Forman Corp. Class B<br>| &nbsp;&nbsp;2001169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52910908 |
| Builders FirstSource, Inc. (a)<br>| &nbsp;&nbsp;1298034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106867139 |
| Bunge Global SA<br>| &nbsp;&nbsp;1574527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200279834 |
| BXP, Inc. REIT<br>| &nbsp;&nbsp;1707724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88630876 |
| Cadence Design Systems, Inc. (a)<br>| &nbsp;&nbsp;3160646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878248704 |
| Camden Property Trust REIT<br>| &nbsp;&nbsp;1199091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117103227 |
| Campbell's Co.<br>| &nbsp;&nbsp;2303239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51293133 |
| Capital One Financial Corp.<br>| &nbsp;&nbsp;7241579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1321081257 |
| Cardinal Health, Inc.<br>| &nbsp;&nbsp;2722629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575318734 |
| Carnival Corp.<br>| 13337386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345171550 |
| Carrier Global Corp.<br>| &nbsp;&nbsp;9089120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511808347 |
| Carvana Co. (a)<br>| &nbsp;&nbsp;1645393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517278651 |
| Caterpillar, Inc.<br>| &nbsp;&nbsp;5393784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3821280213 |
| Cboe Global Markets, Inc.<br>| &nbsp;&nbsp;1211679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340566617 |
| CBRE Group, Inc. Class A (a)<br>| &nbsp;&nbsp;3359693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455104014 |
| CDW Corp.<br>| &nbsp;&nbsp;1522874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184298211 |
| Cencora, Inc.<br>| &nbsp;&nbsp;2255480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708536487 |
| Centene Corp. (a)<br>| &nbsp;&nbsp;5413101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177224927 |
| CenterPoint Energy, Inc.<br>| &nbsp;&nbsp;7557003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326160249 |
| CF Industries Holdings, Inc.<br>| &nbsp;&nbsp;1814479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235591953 |
| CH Robinson Worldwide, Inc.<br>| &nbsp;&nbsp;1378898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228993591 |
| Charles River Laboratories International, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;576557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99456082 |
| Charles Schwab Corp.<br>| 19395393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1822779034 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Charter Communications, Inc. Class A (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;992406 | &nbsp;&nbsp;&nbsp;&nbsp;$214240607 |
| Chevron Corp.<br>| 21731105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4496165624 |
| Chipotle Mexican Grill, Inc. (a)<br>| 15063778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482191534 |
| Chubb Ltd.<br>| &nbsp;&nbsp;4213930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1373446205 |
| Church & Dwight Co., Inc.<br>| &nbsp;&nbsp;2731061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254862613 |
| Ciena Corp. (a)<br>| &nbsp;&nbsp;1630272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;632920499 |
| Cigna Group<br>| &nbsp;&nbsp;3050260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813656855 |
| Cincinnati Financial Corp.<br>| &nbsp;&nbsp;1815026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285594341 |
| Cintas Corp.<br>| &nbsp;&nbsp;3934512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665483360 |
| Cisco Systems, Inc.<br>| 45834827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3556324227 |
| Citigroup, Inc.<br>| 20252689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296857459 |
| Citizens Financial Group, Inc.<br>| &nbsp;&nbsp;4905387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294176058 |
| Clorox Co.<br>| &nbsp;&nbsp;1405595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145661810 |
| CME Group, Inc.<br>| &nbsp;&nbsp;4177440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233806904 |
| CMS Energy Corp.<br>| &nbsp;&nbsp;3553356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275669358 |
| Coca-Cola Co.<br>| 44877402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3412926422 |
| Cognizant Technology Solutions Corp. Class A<br>| &nbsp;&nbsp;5524753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338943597 |
| Coherent Corp. (a)<br>| &nbsp;&nbsp;2174105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517893552 |
| Coinbase Global, Inc. Class A (a)<br>| &nbsp;&nbsp;2580082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450508118 |
| Colgate-Palmolive Co.<br>| &nbsp;&nbsp;9376952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799197619 |
| Comcast Corp. Class A<br>| 41567412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193400399 |
| Comfort Systems USA, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;409024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564040006 |
| Conagra Brands, Inc.<br>| &nbsp;&nbsp;5597031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87985327 |
| ConocoPhillips<br>| 14197152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1874024064 |
| Consolidated Edison, Inc.<br>| &nbsp;&nbsp;4194104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474688691 |
| Constellation Brands, Inc. Class A<br>| &nbsp;&nbsp;1640062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246009300 |
| Constellation Energy Corp.<br>| &nbsp;&nbsp;3609560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007969630 |
| Cooper Cos., Inc. (a)<br>| &nbsp;&nbsp;2254203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161175514 |
| Copart, Inc. (a)<br>| 10321718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342681038 |
| Corning, Inc.<br>| &nbsp;&nbsp;9069461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233174612 |
| Corpay, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;813716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236783219 |
| Corteva, Inc.<br>| &nbsp;&nbsp;7782085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651438335 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| CoStar Group, Inc. (a)<br>| &nbsp;&nbsp;4938061 | &nbsp;&nbsp;&nbsp;&nbsp;$199201381 |
| Costco Wholesale Corp.<br>| &nbsp;&nbsp;5150237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5131850654 |
| Coterra Energy, Inc.<br>| &nbsp;&nbsp;8827678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310204605 |
| CRH PLC<br>| &nbsp;&nbsp;7797134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819634726 |
| Crowdstrike Holdings, Inc. Class A (a)<br>| &nbsp;&nbsp;2926510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1142538769 |
| Crown Castle, Inc. REIT<br>| &nbsp;&nbsp;5053534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410902850 |
| CSX Corp.<br>| 21610185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887098094 |
| Cummins, Inc.<br>| &nbsp;&nbsp;1601290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861526046 |
| CVS Health Corp.<br>| 14746371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059084365 |
| Danaher Corp.<br>| &nbsp;&nbsp;7298855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1383862908 |
| Darden Restaurants, Inc.<br>| &nbsp;&nbsp;1328842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260506186 |
| Datadog, Inc. Class A (a)<br>| &nbsp;&nbsp;3816789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450571941 |
| DaVita, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;378511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58173356 |
| Deckers Outdoor Corp. (a)<br>| &nbsp;&nbsp;1633767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163523739 |
| Deere & Co.<br>| &nbsp;&nbsp;2925769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1648085678 |
| Dell Technologies, Inc. Class C<br>| &nbsp;&nbsp;3437994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564277955 |
| Delta Air Lines, Inc.<br>| &nbsp;&nbsp;7543469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501489819 |
| Devon Energy Corp.<br>| &nbsp;&nbsp;7166162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360601272 |
| Dexcom, Inc. (a)<br>| &nbsp;&nbsp;4443700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279064360 |
| Diamondback Energy, Inc.<br>| &nbsp;&nbsp;2251165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445257925 |
| Digital Realty Trust, Inc. REIT<br>| &nbsp;&nbsp;3756356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;676932915 |
| Dollar General Corp.<br>| &nbsp;&nbsp;2548179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302545293 |
| Dollar Tree, Inc. (a)<br>| &nbsp;&nbsp;2132262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233504012 |
| Dominion Energy, Inc.<br>| &nbsp;&nbsp;9907192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612462609 |
| Domino's Pizza, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;362171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129943333 |
| DoorDash, Inc. Class A (a)<br>| &nbsp;&nbsp;4348653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652950248 |
| Dover Corp.<br>| &nbsp;&nbsp;1557718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324706317 |
| Dow, Inc.<br>| &nbsp;&nbsp;8299269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345664554 |
| DR Horton, Inc.<br>| &nbsp;&nbsp;3114946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427432890 |
| DTE Energy Co.<br>| &nbsp;&nbsp;2403985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351510687 |
| Duke Energy Corp.<br>| &nbsp;&nbsp;9025181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1181757200 |
| DuPont de Nemours, Inc.<br>| &nbsp;&nbsp;4715266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215959183 |
| Eaton Corp. PLC<br>| &nbsp;&nbsp;4509717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1612990479 |
| eBay, Inc.<br>| &nbsp;&nbsp;5258480 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478626850 |
| EchoStar Corp. Class A (a)<br>| &nbsp;&nbsp;1561010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182747441 |
| Ecolab, Inc.<br>| &nbsp;&nbsp;2957886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786856834 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Edison International<br>| &nbsp;&nbsp;4483167 | &nbsp;&nbsp;&nbsp;&nbsp;$328078161 |
| Edwards Lifesciences Corp. (a)<br>| &nbsp;&nbsp;6750798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540603904 |
| Electronic Arts, Inc.<br>| &nbsp;&nbsp;2618338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533800568 |
| Elevance Health, Inc.<br>| &nbsp;&nbsp;2554844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747930581 |
| Eli Lilly & Co.<br>| &nbsp;&nbsp;9187792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8450655448 |
| EMCOR Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;520258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384111684 |
| Emerson Electric Co.<br>| &nbsp;&nbsp;6524331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854817848 |
| Entergy Corp.<br>| &nbsp;&nbsp;5245496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589383931 |
| EOG Resources, Inc.<br>| &nbsp;&nbsp;6312457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912591908 |
| EPAM Systems, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;641644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86878598 |
| EQT Corp.<br>| &nbsp;&nbsp;7253969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461642587 |
| Equifax, Inc.<br>| &nbsp;&nbsp;1389008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250118671 |
| Equinix, Inc. REIT<br>| &nbsp;&nbsp;1138863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1116359067 |
| Equity Residential REIT<br>| &nbsp;&nbsp;3964932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234525728 |
| Erie Indemnity Co. Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;293135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73667757 |
| Essex Property Trust, Inc. REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;742688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179730496 |
| Estee Lauder Cos., Inc. Class A<br>| &nbsp;&nbsp;2848587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204443089 |
| Everest Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;467880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152926578 |
| Evergy, Inc.<br>| &nbsp;&nbsp;2685790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220019917 |
| Eversource Energy<br>| &nbsp;&nbsp;4339952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300671875 |
| Exelon Corp.<br>| 11861866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581468671 |
| Expand Energy Corp.<br>| &nbsp;&nbsp;2766639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303721629 |
| Expedia Group, Inc.<br>| &nbsp;&nbsp;1361328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314317022 |
| Expeditors International of Washington, Inc.<br>| &nbsp;&nbsp;1559182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223321638 |
| Extra Space Storage, Inc. REIT<br>| &nbsp;&nbsp;2468816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323735842 |
| Exxon Mobil Corp.<br>| 48452931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8220524273 |
| F5, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;650926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188332420 |
| FactSet Research Systems, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;435642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94529958 |
| Fair Isaac Corp. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;275721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294343196 |
| Fastenal Co.<br>| 13351224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619496794 |
| Federal Realty Investment Trust REIT<br>| &nbsp;&nbsp;&nbsp;&nbsp;911342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96793634 |
| FedEx Corp.<br>| &nbsp;&nbsp;2504769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892148622 |
| Fidelity National Information Services, Inc.<br>| &nbsp;&nbsp;6024063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282588795 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Fifth Third Bancorp<br>| 10448799 | &nbsp;&nbsp;&nbsp;&nbsp;$485451202 |
| First Solar, Inc. (a)<br>| &nbsp;&nbsp;1241046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244808734 |
| FirstEnergy Corp.<br>| &nbsp;&nbsp;6016227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304782060 |
| Fiserv, Inc. (a)<br>| &nbsp;&nbsp;6257109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349146682 |
| Ford Motor Co.<br>| 45467245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524692007 |
| Fortinet, Inc. (a)<br>| &nbsp;&nbsp;7353559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600932841 |
| Fortive Corp.<br>| &nbsp;&nbsp;3610857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199608175 |
| Fox Corp. Class A<br>| &nbsp;&nbsp;2304737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134596641 |
| Fox Corp. Class B<br>| &nbsp;&nbsp;1616535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85838008 |
| Franklin Resources, Inc.<br>| &nbsp;&nbsp;3626932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85668134 |
| Freeport-McMoRan, Inc.<br>| 16706027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981980267 |
| Garmin Ltd.<br>| &nbsp;&nbsp;1903672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441670941 |
| Gartner, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;808793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128064284 |
| GE HealthCare Technologies, Inc.<br>| &nbsp;&nbsp;5308988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377893766 |
| GE Vernova, Inc.<br>| &nbsp;&nbsp;3124104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2727030382 |
| Gen Digital, Inc.<br>| &nbsp;&nbsp;6502848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122448628 |
| Generac Holdings, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;673817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131616675 |
| General Dynamics Corp.<br>| &nbsp;&nbsp;2949292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012256000 |
| General Electric Co.<br>| 12157940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3450058634 |
| General Mills, Inc.<br>| &nbsp;&nbsp;6213847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231279385 |
| General Motors Co.<br>| 10465110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779650695 |
| Genuine Parts Co.<br>| &nbsp;&nbsp;1607538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169997143 |
| Gilead Sciences, Inc.<br>| 14378160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2003884159 |
| Global Payments, Inc.<br>| &nbsp;&nbsp;2754065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185348574 |
| Globe Life, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;915839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127457314 |
| GoDaddy, Inc. Class A (a)<br>| &nbsp;&nbsp;1572003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129957488 |
| Goldman Sachs Group, Inc.<br>| &nbsp;&nbsp;3476414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2941011480 |
| Halliburton Co.<br>| &nbsp;&nbsp;9790633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381736781 |
| Hartford Insurance Group, Inc.<br>| &nbsp;&nbsp;3241846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438394835 |
| Hasbro, Inc.<br>| &nbsp;&nbsp;1540633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144203249 |
| HCA Healthcare, Inc.<br>| &nbsp;&nbsp;1812627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857807601 |
| Healthpeak Properties, Inc. REIT<br>| &nbsp;&nbsp;7999096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131425147 |
| Henry Schein, Inc. (a)<br>| &nbsp;&nbsp;1164289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85808099 |
| Hershey Co.<br>| &nbsp;&nbsp;1716322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356806181 |
| Hewlett Packard Enterprise Co.<br>| 15350111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365486143 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Hilton Worldwide Holdings, Inc.<br>| &nbsp;&nbsp;2654541 | &nbsp;&nbsp;&nbsp;&nbsp;$807192827 |
| Hologic, Inc. (a)<br>| &nbsp;&nbsp;2570370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194294268 |
| Home Depot, Inc.<br>| 11540316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3795494529 |
| Honeywell International, Inc.<br>| &nbsp;&nbsp;7356638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662820887 |
| Hormel Foods Corp.<br>| &nbsp;&nbsp;3415828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77368504 |
| Host Hotels & Resorts, Inc. REIT<br>| &nbsp;&nbsp;7408852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141953604 |
| Howmet Aerospace, Inc.<br>| &nbsp;&nbsp;4643849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070221441 |
| HP, Inc.<br>| 10574819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203142273 |
| Hubbell, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;615205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301905702 |
| Humana, Inc.<br>| &nbsp;&nbsp;1398121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242420200 |
| Huntington Bancshares, Inc.<br>| 23623775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369712079 |
| Huntington Ingalls Industries, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;452990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172090901 |
| IDEX Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;870526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165008203 |
| IDEXX Laboratories, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;925633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520103926 |
| Illinois Tool Works, Inc.<br>| &nbsp;&nbsp;3036363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790334925 |
| Incyte Corp. (a)<br>| &nbsp;&nbsp;1925504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181228436 |
| Ingersoll Rand, Inc.<br>| &nbsp;&nbsp;4111567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329418748 |
| Insulet Corp. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;815245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171071011 |
| Intel Corp. (a)<br>| 54448287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402802905 |
| Interactive Brokers Group, Inc. Class A<br>| &nbsp;&nbsp;5174815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347074842 |
| Intercontinental Exchange, Inc. (b)<br>| &nbsp;&nbsp;6577285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034475385 |
| International Business Machines Corp.<br>| 10834386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2626146823 |
| International Flavors & Fragrances, Inc.<br>| &nbsp;&nbsp;2957676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214579394 |
| International Paper Co.<br>| &nbsp;&nbsp;6105930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217981701 |
| Intuit, Inc.<br>| &nbsp;&nbsp;3224111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394041114 |
| Intuitive Surgical, Inc. (a)<br>| &nbsp;&nbsp;4116319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897581896 |
| Invesco Ltd.<br>| &nbsp;&nbsp;5134762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124723369 |
| Invitation Homes, Inc. REIT<br>| &nbsp;&nbsp;6545199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162648195 |
| IQVIA Holdings, Inc. (a)<br>| &nbsp;&nbsp;1976238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337027629 |
| Iron Mountain, Inc. REIT<br>| &nbsp;&nbsp;3422058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349529004 |
| J.M. Smucker Co.<br>| &nbsp;&nbsp;1250969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120643450 |
| Jabil, Inc.<br>| &nbsp;&nbsp;1219509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323938176 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Jack Henry & Associates, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;842030 | &nbsp;&nbsp;&nbsp;&nbsp;$133074421 |
| Jacobs Solutions, Inc.<br>| &nbsp;&nbsp;1380682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175733205 |
| JB Hunt Transport Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;874803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185370756 |
| Johnson & Johnson<br>| 27940511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6829778509 |
| Johnson Controls International PLC<br>| &nbsp;&nbsp;7109556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930996358 |
| JPMorgan Chase & Co.<br>| 31261552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9195898136 |
| Kenvue, Inc.<br>| 22259608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383755642 |
| Keurig Dr. Pepper, Inc.<br>| 15761777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415007588 |
| KeyCorp<br>| 10821750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216976087 |
| Keysight Technologies, Inc. (a)<br>| &nbsp;&nbsp;1984533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560372583 |
| Kimberly-Clark Corp.<br>| &nbsp;&nbsp;3858979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372275704 |
| Kimco Realty Corp. REIT<br>| &nbsp;&nbsp;7872487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176894783 |
| Kinder Morgan, Inc.<br>| 22748305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762750667 |
| KKR & Co., Inc.<br>| &nbsp;&nbsp;7985136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738625080 |
| KLA Corp.<br>| &nbsp;&nbsp;1519117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2236763062 |
| Kraft Heinz Co.<br>| &nbsp;&nbsp;9899401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222637528 |
| Kroger Co.<br>| &nbsp;&nbsp;6734004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487272529 |
| L3Harris Technologies, Inc.<br>| &nbsp;&nbsp;2172207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749737246 |
| Labcorp Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;966423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257851321 |
| Lam Research Corp.<br>| 14475619 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3092860756 |
| Las Vegas Sands Corp.<br>| &nbsp;&nbsp;3539246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190694574 |
| Leidos Holdings, Inc.<br>| &nbsp;&nbsp;1490274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231767412 |
| Lennar Corp. Class A<br>| &nbsp;&nbsp;2509861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217956329 |
| Lennox International, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;368751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171148402 |
| Linde PLC<br>| &nbsp;&nbsp;5412291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2683197386 |
| Live Nation Entertainment, Inc. (a)<br>| &nbsp;&nbsp;1840427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280683522 |
| Lockheed Martin Corp.<br>| &nbsp;&nbsp;2345915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1417847567 |
| Loews Corp.<br>| &nbsp;&nbsp;1973850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210688749 |
| Lowe's Cos., Inc.<br>| &nbsp;&nbsp;6511753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1538596999 |
| Lululemon Athletica, Inc. (a)<br>| &nbsp;&nbsp;1255149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192163312 |
| Lumentum Holdings, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;828090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581948528 |
| LyondellBasell Industries NV Class A<br>| &nbsp;&nbsp;2995533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241320138 |
| M&T Bank Corp.<br>| &nbsp;&nbsp;1754094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362606312 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Marathon Petroleum Corp.<br>| &nbsp;&nbsp;3415485 | &nbsp;&nbsp;$833993127 |
| Marriott International, Inc. Class A<br>| &nbsp;&nbsp;2546494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832881793 |
| Marsh & McLennan Cos., Inc.<br>| &nbsp;&nbsp;5606552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972456444 |
| Martin Marietta Materials, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;701179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412770054 |
| Masco Corp.<br>| &nbsp;&nbsp;2339184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141216538 |
| Mastercard, Inc. Class A<br>| &nbsp;&nbsp;9441449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4717514407 |
| McCormick & Co., Inc.<br>| &nbsp;&nbsp;2945191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148555434 |
| McDonald's Corp.<br>| &nbsp;&nbsp;8254166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2565312251 |
| McKesson Corp.<br>| &nbsp;&nbsp;1418910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227867958 |
| Medtronic PLC<br>| 14851694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1286899285 |
| Merck & Co., Inc.<br>| 28770982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3460861425 |
| Meta Platforms, Inc. Class A<br>| 25363279 | &nbsp;&nbsp;&nbsp;&nbsp;14511092814 |
| MetLife, Inc.<br>| &nbsp;&nbsp;6364197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450076012 |
| Mettler-Toledo International, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;237599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299659859 |
| MGM Resorts International (a)<br>| &nbsp;&nbsp;2189991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81051567 |
| Microchip Technology, Inc.<br>| &nbsp;&nbsp;6296665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406827526 |
| Micron Technology, Inc.<br>| 13051752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4409403896 |
| Microsoft Corp.<br>| 86106881 | &nbsp;&nbsp;&nbsp;&nbsp;31874184140 |
| Mid-America Apartment Communities, Inc. REIT<br>| &nbsp;&nbsp;1365692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166778307 |
| Moderna, Inc. (a)<br>| &nbsp;&nbsp;4032671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204859687 |
| Molson Coors Beverage Co. Class B<br>| &nbsp;&nbsp;1939213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83502512 |
| Mondelez International, Inc. Class A<br>| 14841631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855471611 |
| Monolithic Power Systems, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;564814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617539387 |
| Monster Beverage Corp. (a)<br>| &nbsp;&nbsp;8290469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600727384 |
| Moody's Corp.<br>| &nbsp;&nbsp;1784983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778698834 |
| Morgan Stanley<br>| 13943182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2294629462 |
| Mosaic Co.<br>| &nbsp;&nbsp;3701003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94375576 |
| Motorola Solutions, Inc.<br>| &nbsp;&nbsp;1918141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832415650 |
| MSCI, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;849745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458021052 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Nasdaq, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5192455 | &nbsp;&nbsp;$440787505 |
| NetApp, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2284066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233865518 |
| Netflix, Inc. (a)<br>| &nbsp;&nbsp;48947491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4706301260 |
| Newmont Corp.<br>| &nbsp;&nbsp;12669052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1371424879 |
| News Corp. Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;4356150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108598819 |
| News Corp. Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;1410060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40200811 |
| NextEra Energy, Inc.<br>| &nbsp;&nbsp;24136517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2241799699 |
| NIKE, Inc. Class B<br>| &nbsp;&nbsp;13802267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;729035743 |
| NiSource, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5524653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257780309 |
| Nordson Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164770160 |
| Norfolk Southern Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2610426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749192262 |
| Northern Trust Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2151206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300243821 |
| Northrop Grumman Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1545261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1054238865 |
| Norwegian Cruise Line Holdings Ltd. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;5345669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99964010 |
| NRG Energy, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2467623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360618425 |
| Nucor Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2652223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448490909 |
| NVIDIA Corp.<br>| 281784117 | &nbsp;&nbsp;&nbsp;&nbsp;49143150005 |
| NVR, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216640661 |
| NXP Semiconductors NV<br>| &nbsp;&nbsp;&nbsp;&nbsp;2918900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574614654 |
| Occidental Petroleum Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8332953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541641945 |
| Old Dominion Freight Line, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2132133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416618788 |
| Omnicom Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3631125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273460024 |
| ON Semiconductor Corp. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4547194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281562252 |
| ONEOK, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7294652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659363594 |
| Oracle Corp.<br>| &nbsp;&nbsp;19664054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2892778984 |
| O'Reilly Automotive, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;9748307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899866219 |
| Otis Worldwide Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4533583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349448578 |
| PACCAR, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6099527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;704495368 |
| Packaging Corp. of America<br>| &nbsp;&nbsp;&nbsp;&nbsp;1032770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219174449 |
| Palantir Technologies, Inc. Class A (a)<br>| &nbsp;&nbsp;26481552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3873721427 |
| Palo Alto Networks, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;9370735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502316235 |
| Paramount Skydance Corp. Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;3631884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32759594 |
| Parker-Hannifin Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1462156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1308980537 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Paychex, Inc.<br>| &nbsp;&nbsp;3767861 | &nbsp;&nbsp;&nbsp;&nbsp;$347095355 |
| PayPal Holdings, Inc.<br>| 10646775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481553633 |
| Pentair PLC<br>| &nbsp;&nbsp;1903755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165836098 |
| PepsiCo, Inc.<br>| 15839639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2459737540 |
| Pfizer, Inc.<br>| 66037344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1854328619 |
| PG&E Corp.<br>| 25551962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448947972 |
| Philip Morris International, Inc.<br>| 18043780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2983358585 |
| Phillips 66 Co.<br>| &nbsp;&nbsp;4675800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;851837244 |
| Pinnacle West Capital Corp.<br>| &nbsp;&nbsp;1401759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141227219 |
| PNC Financial Services Group, Inc.<br>| &nbsp;&nbsp;4683805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974652982 |
| Pool Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;380409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76968153 |
| PPG Industries, Inc.<br>| &nbsp;&nbsp;2597129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277581148 |
| PPL Corp.<br>| &nbsp;&nbsp;8563898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327140904 |
| Principal Financial Group, Inc.<br>| &nbsp;&nbsp;2325603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209560086 |
| Procter & Gamble Co.<br>| 26940982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3891355440 |
| Progressive Corp.<br>| &nbsp;&nbsp;6806872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1349394305 |
| Prologis, Inc. REIT<br>| 10769650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1423532337 |
| Prudential Financial, Inc.<br>| &nbsp;&nbsp;4021349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392845584 |
| PTC, Inc. (a)<br>| &nbsp;&nbsp;1391734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198308178 |
| Public Service Enterprise Group, Inc.<br>| &nbsp;&nbsp;5792688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468918094 |
| Public Storage REIT<br>| &nbsp;&nbsp;1836603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497499021 |
| PulteGroup, Inc.<br>| &nbsp;&nbsp;2217149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260758894 |
| Qnity Electronics, Inc.<br>| &nbsp;&nbsp;2446285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282252363 |
| QUALCOMM, Inc.<br>| 12363334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592150153 |
| Quanta Services, Inc.<br>| &nbsp;&nbsp;1732323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951079973 |
| Quest Diagnostics, Inc.<br>| &nbsp;&nbsp;1268943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248687449 |
| Ralph Lauren Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;448405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154246836 |
| Raymond James Financial, Inc.<br>| &nbsp;&nbsp;2050792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296934174 |
| Realty Income Corp. REIT<br>| 10701384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654710673 |
| Regency Centers Corp. REIT<br>| &nbsp;&nbsp;1919233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145209169 |
| Regeneron Pharmaceuticals, Inc.<br>| &nbsp;&nbsp;1172306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905770508 |
| Regions Financial Corp.<br>| 10014003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261565758 |
| Republic Services, Inc.<br>| &nbsp;&nbsp;2340960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512717059 |
| ResMed, Inc.<br>| &nbsp;&nbsp;1690840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379559763 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Revvity, Inc.<br>| &nbsp;&nbsp;1305482 | &nbsp;&nbsp;&nbsp;&nbsp;$114373278 |
| Robinhood Markets, Inc. Class A (a)<br>| &nbsp;&nbsp;9148302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633977329 |
| Rockwell Automation, Inc.<br>| &nbsp;&nbsp;1307825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469352236 |
| Rollins, Inc.<br>| &nbsp;&nbsp;3394535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181302114 |
| Roper Technologies, Inc.<br>| &nbsp;&nbsp;1232495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436130681 |
| Ross Stores, Inc.<br>| &nbsp;&nbsp;3744592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811190965 |
| Royal Caribbean Cruises Ltd.<br>| &nbsp;&nbsp;2912699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801516511 |
| RTX Corp.<br>| 15559204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3001370452 |
| S&P Global, Inc.<br>| &nbsp;&nbsp;3545439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1508017024 |
| Salesforce, Inc.<br>| 10859160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2027079397 |
| Sandisk Corp. (a)<br>| &nbsp;&nbsp;1715305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089801879 |
| SBA Communications Corp. REIT<br>| &nbsp;&nbsp;1239515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213332927 |
| Seagate Technology Holdings PLC<br>| &nbsp;&nbsp;2534553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992936483 |
| Sempra<br>| &nbsp;&nbsp;7580557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736602724 |
| ServiceNow, Inc. (a)<br>| 12129740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268164317 |
| Sherwin-Williams Co.<br>| &nbsp;&nbsp;2681974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859706766 |
| Simon Property Group, Inc. REIT<br>| &nbsp;&nbsp;3764511 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702194237 |
| Skyworks Solutions, Inc.<br>| &nbsp;&nbsp;1767756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94663334 |
| SLB Ltd.<br>| 17355427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891895394 |
| Smurfit Westrock PLC<br>| &nbsp;&nbsp;6066014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241730658 |
| Snap-on, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;603399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219166585 |
| Solventum Corp. (a)<br>| &nbsp;&nbsp;1722910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112506023 |
| Southern Co.<br>| 12755227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231134510 |
| Southwest Airlines Co.<br>| &nbsp;&nbsp;5665616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212857193 |
| Stanley Black & Decker, Inc.<br>| &nbsp;&nbsp;1809422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128577527 |
| Starbucks Corp.<br>| 13196938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182313675 |
| State Street Corp. (c)<br>| &nbsp;&nbsp;3249090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411204830 |
| Steel Dynamics, Inc.<br>| &nbsp;&nbsp;1596972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287454960 |
| STERIS PLC<br>| &nbsp;&nbsp;1141927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252514317 |
| Stryker Corp.<br>| &nbsp;&nbsp;3995233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1312793611 |
| Super Micro Computer, Inc. (a)<br>| &nbsp;&nbsp;5824670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132627736 |
| Synchrony Financial<br>| &nbsp;&nbsp;4010989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272827472 |
| Synopsys, Inc. (a)<br>| &nbsp;&nbsp;2218547 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879609515 |
| Sysco Corp.<br>| &nbsp;&nbsp;5552626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396068813 |
| T. Rowe Price Group, Inc.<br>| &nbsp;&nbsp;2552989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230126428 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Take-Two Interactive Software, Inc. (a)<br>| &nbsp;&nbsp;2016645 | &nbsp;&nbsp;$398287387 |
| Tapestry, Inc.<br>| &nbsp;&nbsp;2338727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330017767 |
| Targa Resources Corp.<br>| &nbsp;&nbsp;2487981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623811476 |
| Target Corp.<br>| &nbsp;&nbsp;5239430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635018916 |
| TE Connectivity PLC<br>| &nbsp;&nbsp;3396240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709882085 |
| Teledyne Technologies, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;543188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328634172 |
| Teradyne, Inc.<br>| &nbsp;&nbsp;1822032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540159607 |
| Tesla, Inc. (a)<br>| 32610576 | &nbsp;&nbsp;&nbsp;&nbsp;12122981628 |
| Texas Instruments, Inc.<br>| 10517392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2041846483 |
| Texas Pacific Land Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;671712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318767647 |
| Textron, Inc.<br>| &nbsp;&nbsp;2004926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175551321 |
| Thermo Fisher Scientific, Inc.<br>| &nbsp;&nbsp;4354066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2140154061 |
| TJX Cos., Inc.<br>| 12868995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2055178501 |
| TKO Group Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;770996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155471343 |
| T-Mobile U.S., Inc.<br>| &nbsp;&nbsp;5488144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1152674884 |
| Tractor Supply Co.<br>| &nbsp;&nbsp;6160877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279087728 |
| Trade Desk, Inc. Class A (a)<br>| &nbsp;&nbsp;5121971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116217522 |
| Trane Technologies PLC<br>| &nbsp;&nbsp;2563616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1068361332 |
| TransDigm Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;654523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758565976 |
| Travelers Cos., Inc.<br>| &nbsp;&nbsp;2503204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730134543 |
| Trimble, Inc. (a)<br>| &nbsp;&nbsp;2752729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179560513 |
| Truist Financial Corp.<br>| 14610287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671634893 |
| Tyler Technologies, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;500579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171388238 |
| Tyson Foods, Inc. Class A<br>| &nbsp;&nbsp;3292539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210952974 |
| U.S. Bancorp<br>| 18052291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938899655 |
| Uber Technologies, Inc. (a)<br>| 23849403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1715487558 |
| UDR, Inc. REIT<br>| &nbsp;&nbsp;3528101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119179252 |
| Ulta Beauty, Inc. (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;512020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267637974 |
| Union Pacific Corp.<br>| &nbsp;&nbsp;6889035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1671417672 |
| United Airlines Holdings, Inc. (a)<br>| &nbsp;&nbsp;3763625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346516954 |
| United Parcel Service, Inc. Class B<br>| &nbsp;&nbsp;8583034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844398885 |
| United Rentals, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;728791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530967971 |
| UnitedHealth Group, Inc.<br>| 10499821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2841146564 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Universal Health Services, Inc. Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;635407 | &nbsp;&nbsp;&nbsp;&nbsp;$113718791 |
| Valero Energy Corp.<br>| &nbsp;&nbsp;3547995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876638605 |
| Ventas, Inc. REIT<br>| &nbsp;&nbsp;5507865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450433200 |
| Veralto Corp.<br>| &nbsp;&nbsp;2899406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256365479 |
| VeriSign, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;951628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236346330 |
| Verisk Analytics, Inc.<br>| &nbsp;&nbsp;1624928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308330088 |
| Verizon Communications, Inc.<br>| 48875492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2453549698 |
| Vertex Pharmaceuticals, Inc. (a)<br>| &nbsp;&nbsp;2951506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1317965489 |
| Vertiv Holdings Co. Class A<br>| &nbsp;&nbsp;4436261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1111638281 |
| Viatris, Inc.<br>| 13445580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181649786 |
| VICI Properties, Inc. REIT<br>| 12358579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337636378 |
| Visa, Inc. Class A<br>| 19490266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5890737996 |
| Vistra Corp.<br>| &nbsp;&nbsp;3705657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557071417 |
| Vulcan Materials Co.<br>| &nbsp;&nbsp;1533313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417521130 |
| W.R. Berkley Corp.<br>| &nbsp;&nbsp;3435451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227701692 |
| Walmart, Inc.<br>| 50822901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6316270136 |
| Walt Disney Co.<br>| 20530022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1978683520 |
| Warner Bros Discovery, Inc. (a)<br>| 28797050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790766993 |
| Waste Management, Inc.<br>| &nbsp;&nbsp;4312810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991040610 |
| Waters Corp. (a)<br>| &nbsp;&nbsp;1146260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341356322 |
| WEC Energy Group, Inc.<br>| &nbsp;&nbsp;3783869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438058514 |
| Wells Fargo & Co.<br>| 35845788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2853683183 |
| Welltower, Inc. REIT<br>| &nbsp;&nbsp;8091460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1599762557 |
| West Pharmaceutical Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;836886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209757107 |

---

---

| | | |
|:---|:---|:---|
| **Common Stocks** | **Shares** | &nbsp;&nbsp;**Value** |
| Western Digital Corp.<br>| &nbsp;&nbsp;3927453 | &nbsp;&nbsp;$1062336762 |
| Westinghouse Air Brake Technologies Corp.<br>| &nbsp;&nbsp;1982992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495569531 |
| Weyerhaeuser Co. REIT<br>| &nbsp;&nbsp;8375917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204623652 |
| Williams Cos., Inc.<br>| 14144101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029407671 |
| Williams-Sonoma, Inc.<br>| &nbsp;&nbsp;1377177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251100682 |
| Willis Towers Watson PLC<br>| &nbsp;&nbsp;1097991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319185984 |
| Workday, Inc. Class A (a)<br>| &nbsp;&nbsp;2460277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319639188 |
| WW Grainger, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;509086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555316100 |
| Wynn Resorts Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;978055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99321485 |
| Xcel Energy, Inc.<br>| &nbsp;&nbsp;6878126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546398329 |
| Xylem, Inc.<br>| &nbsp;&nbsp;2822055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337235572 |
| Yum! Brands, Inc.<br>| &nbsp;&nbsp;3227394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501795219 |
| Zebra Technologies Corp. Class A (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;564197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117962309 |
| Zimmer Biomet Holdings, Inc.<br>| &nbsp;&nbsp;2305491 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208462496 |
| Zoetis, Inc.<br>| &nbsp;&nbsp;4883935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577329956 |
| Total Common Stocks<br> (Cost $717,871,409,454) |  | &nbsp;&nbsp;$648228136454 |

---

(a) Non-income
 producing security.

(b) Affiliate
 of PDR Services LLC (the "Sponsor"). See the table below for more information.

(c) Affiliate
 of State Street Global Advisors Trust Company (the "Trustee"). See the table below for more information.

PLC = Public Limited Company <br> REIT = Real Estate Investment Trust

The following table summarizes the value of the Trust's investments according to the fair value hierarchy as of March 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Level 1 –<br> Quoted Prices** | **Level 2 –<br> Other Significant<br> Observable Inputs** | **Level 3 –<br> Significant<br> Unobservable Inputs** | **Total** |
| **ASSETS:** |  |  |  |  |
| **INVESTMENTS:** |  |  |  |  |
| Common Stocks | $648228136454 | $— | $— | $648228136454 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026 (Unaudited)

------

#### INVESTMENTS IN AFFILIATES OF THE TRUSTEE AND THE SPONSOR
State Street SPDR S&P 500<sup>®</sup> ETF Trust has invested in State Street Corp., which is considered an affiliate of the Trustee and Intercontinental Exchange, Inc., which is considered an affiliate of the Sponsor. Amounts related to these investments at March 31, 2026 and for the six months then ended are (Note 4):

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Shares Held<br> at 9/30/25** | **Value at<br> 9/30/25** | **Cost of<br> Purchases\*** | **Proceeds <br> from<br> Shares Sold\*** | **Realized <br> Gain (Loss)** | **Change in<br> Unrealized<br> Appreciation/<br> Depreciation** | **Number of<br> Shares Held<br> at 3/31/26** | **Value at<br> 3/31/26** | **Dividend <br> Income** |
| Intercontinental Exchange, Inc.<br>| 6821558 | $1149296092 | $658279160 | $700794130 | $11727839 | &nbsp;&nbsp;$(84033576) | 6577285 | $1034475385 | &nbsp;&nbsp;$6874372 |
| State Street Corp.<br>| 3377124 | &nbsp;&nbsp;&nbsp;&nbsp;391780155 | &nbsp;&nbsp;252823961 | &nbsp;&nbsp;270048256 | &nbsp;&nbsp;52933127 | &nbsp;&nbsp;&nbsp;&nbsp;(16284157) | 3249090 | &nbsp;&nbsp;&nbsp;&nbsp;411204830 | &nbsp;&nbsp;&nbsp;&nbsp;5694573 |
| TOTAL<br>|  | $1541076247 | $911103121 | $970842386 | $64660966 | $(100317733) |  | $1445680215 | $12568945 |

---

\* Purchased and Sold figures include securities received or delivered from processing creations or redemptions of Units.

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Schedule of Investments (continued)

#### March 31, 2026

------

INDUSTRY BREAKDOWN AS OF MARCH 31, 2026\*

---

| | |
|:---|:---|
| **INDUSTRY** | **% OF<br> NET ASSETS** |
| Semiconductors & Semiconductor Equipment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.5% |
| Software<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 |
| Interactive Media & Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.6 |
| Technology Hardware, Storage & Peripherals<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.4 |
| Broadline Retail<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7 |
| Oil, Gas & Consumable Fuels<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7 |
| Financial Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6 |
| Pharmaceuticals<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 |
| Banks<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 |
| Capital Markets<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 |
| Aerospace & Defense<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 |
| Consumer Staples Distribution & Retail<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 |
| Automobiles<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 |
| Machinery<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 |
| Health Care Equipment & Supplies<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Biotechnology<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Hotels, Restaurants & Leisure<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Specialty Retail<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Insurance<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Electric Utilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 |
| Health Care Providers & Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 |
| Entertainment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Electrical Equipment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 |
| Chemicals<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 |
| Beverages<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 |
| Communications Equipment<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 |
| Diversified Telecommunication Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| Electronic Equipment, Instruments & Components<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| Ground Transportation<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| Household Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Life Sciences Tools & Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| IT Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Specialized REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Multi-Utilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| Tobacco<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 |
| Consumer Finance<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 |
| Building Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 |
| Metals & Mining<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 |

---

---

| | |
|:---|:---|
| **INDUSTRY** | **% OF<br> NET ASSETS** |
| Food Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5% |
| Commercial Services & Supplies<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 |
| Industrial Conglomerates<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Professional Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Health Care REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Air Freight & Logistics<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Energy Equipment & Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Construction & Engineering<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Retail REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Trading Companies & Distributors<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Construction Materials<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 |
| Textiles, Apparel & Luxury Goods<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Household Durables<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Industrial REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Residential REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Containers & Packaging<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Media<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Wireless Telecommunication Services<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Airlines<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 |
| Independent Power and Renewable Electricity Producers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Real Estate Management & Development<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Personal Care Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Gas Utilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 |
| Water Utilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| Distributors<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| Auto Components<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| Leisure Products<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| Hotel & Resort REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| Office REITs<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| Other Assets in Excess of Liabilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0 <sup>\*\*</sup> |
| **Total** | **100.0%** |

---

\* The Trust's industry breakdown is expressed as a percentage of net assets and may change over time.

\*\* Amount shown represents less than 0.05% of net assets.

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Statement of Assets and Liabilities

#### March 31, 2026 (Unaudited)

------

---

| | |
|:---|:---|
| **ASSETS** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments in unaffiliated issuers, at value (Note 3)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$646782456239 |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments in affiliates of the Trustee and the Sponsor, at value <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1445680215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648228136454 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1973813152 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividends receivable — unaffiliated issuers (Note 3)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328369142 |
| &nbsp;&nbsp;&nbsp;&nbsp; Receivable for foreign taxes recoverable<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274219 |
|  Total Assets<br>| &nbsp;&nbsp;&nbsp;&nbsp;650530592967 |
| **LIABILITIES** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payable for units of fractional undivided interest ("Units") redeemed in-kind<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66250 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued Trustee expense (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87390625 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued marketing expense (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47080985 |
| &nbsp;&nbsp;&nbsp;&nbsp; Distribution payable<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1778817173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expenses and other liabilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85832326 |
|  Total Liabilities<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999187359 |
|  **NET ASSETS <br>**  | $648531405608 |
| **NET ASSETS CONSIST OF:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Paid-in Capital (Note 5)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$749723003995 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total distributable earnings (loss)<br>| &nbsp;&nbsp;&nbsp;(101191598387) |
|  **NET ASSETS <br>**  | $648531405608 |
|  **NET ASSET VALUE PER UNIT <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$650.40 |
|  **UNITS OUTSTANDING (UNLIMITED UNITS AUTHORIZED) <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997132116 |
| **COST OF INVESTMENTS:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;$716358511530 |
| &nbsp;&nbsp;&nbsp;&nbsp; Affiliates of the Trustee and the Sponsor (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1512897924 |
|  Total Cost of Investments<br>| $717871409454 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Statement of Operations

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Six Months Ended<br> 3/31/26<br> (Unaudited)** | **Year Ended<br> 9/30/25** | **Year Ended<br> 9/30/24** | **Year Ended<br> 9/30/23** |
| **INVESTMENT INCOME** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend income — unaffiliated issuers (Note 3)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$4209443594 | &nbsp;&nbsp;&nbsp;$7974543416 | &nbsp;&nbsp;&nbsp;$7220023318 | $6311737018 |
| &nbsp;&nbsp;&nbsp;&nbsp; Dividend income — affiliates of the Trustee and the Sponsor<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12568945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24158005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19479204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19996068 |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign taxes withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(916372) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1876238) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1851725) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1679078) |
|  Total Investment Income<br>| &nbsp;&nbsp;&nbsp;&nbsp;4221096167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7996825183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7237650797 | &nbsp;&nbsp;&nbsp;&nbsp;6330054008 |
| **EXPENSES** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Trustee expense (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177425665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304426733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231636853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175093321 |
| &nbsp;&nbsp;&nbsp;&nbsp; S&P license fee (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104029945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186125603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150726719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115509122 |
| &nbsp;&nbsp;&nbsp;&nbsp; Marketing expense (Note 4)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41329561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81841111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80946186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65729666 |
| &nbsp;&nbsp;&nbsp;&nbsp; Legal and audit fees<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588706 |
| &nbsp;&nbsp;&nbsp;&nbsp; Registration and filing fees<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4587329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3546000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp; Other expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3756603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7134903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5707312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5042924 |
|  Total Expenses<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326751919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584405656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472893995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361963739 |
|  **NET INVESTMENT INCOME (LOSS)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;3894344248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7412419527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6764756802 | &nbsp;&nbsp;&nbsp;&nbsp;5968090269 |
| **REALIZED AND UNREALIZED GAIN (LOSS)** |  |  |  |  |
| Net realized gain (loss) on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2801388380) | &nbsp;&nbsp;&nbsp;&nbsp;(4760404358) | &nbsp;&nbsp;&nbsp;&nbsp;(3951898541) | &nbsp;&nbsp;&nbsp;(3915717181) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments — affiliates of the Trustee and the Sponsor<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11695225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2144009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6161327) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17957675) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-kind redemptions — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65548750349 | &nbsp;&nbsp;&nbsp;100250507936 | &nbsp;&nbsp;&nbsp;&nbsp;74790852885 | &nbsp;&nbsp;&nbsp;24760750943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In-kind redemptions — affiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52965741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239162961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97883398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15556396 |
|  Net realized gain (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;62812022935 | &nbsp;&nbsp;&nbsp;&nbsp;95727122530 | &nbsp;&nbsp;&nbsp;&nbsp;70930676415 | &nbsp;&nbsp;&nbsp;20842632483 |
| Net change in unrealized appreciation/depreciation on: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments — unaffiliated issuers<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78298924637) | &nbsp;&nbsp;&nbsp;&nbsp;(1239484846) | &nbsp;&nbsp;&nbsp;&nbsp;73445093833 | &nbsp;&nbsp;&nbsp;44789048168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments — affiliates of the Trustee and the Sponsor<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100317733) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81967138) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326127232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154584224 |
|  Net change in unrealized appreciation/depreciation<br>| &nbsp;&nbsp;&nbsp;(78399242370) | &nbsp;&nbsp;&nbsp;&nbsp;(1321451984) | &nbsp;&nbsp;&nbsp;&nbsp;73771221065 | &nbsp;&nbsp;&nbsp;44943632392 |
|  **NET REALIZED AND UNREALIZED GAIN (LOSS)<br>**  | &nbsp;&nbsp;&nbsp;(15587219435) | &nbsp;&nbsp;&nbsp;&nbsp;94405670546 | &nbsp;&nbsp;&nbsp;144701897480 | &nbsp;&nbsp;&nbsp;65786264875 |
|  **NET INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS<br>**  | $(11692875187) | $101818090073 | $151466654282 | $71754355144 |

---

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Statements of Changes in Net Assets

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Six Months<br> Ended<br> 3/31/26<br> (Unaudited)** | **Year Ended<br> 9/30/25** | **Year Ended<br> 9/30/24** | **Year Ended<br> 9/30/23** |
| **INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;$3894344248 | &nbsp;&nbsp;&nbsp;&nbsp;$7412419527 | &nbsp;&nbsp;&nbsp;&nbsp;$6764756802 | &nbsp;&nbsp;&nbsp;&nbsp;$5968090269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net realized gain (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62812022935 | &nbsp;&nbsp;&nbsp;&nbsp;95727122530 | &nbsp;&nbsp;&nbsp;&nbsp;70930676415 | &nbsp;&nbsp;&nbsp;&nbsp;20842632483 |
| &nbsp;&nbsp;&nbsp;&nbsp; Net change in unrealized appreciation/depreciation<br>| &nbsp;&nbsp;&nbsp;&nbsp;(78399242370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1321451984) | &nbsp;&nbsp;&nbsp;&nbsp;73771221065 | &nbsp;&nbsp;&nbsp;&nbsp;44943632392 |
|  **NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;(11692875187) | &nbsp;&nbsp;&nbsp;&nbsp;101818090073 | &nbsp;&nbsp;&nbsp;&nbsp;151466654282 | &nbsp;&nbsp;&nbsp;&nbsp;71754355144 |
|  **NET EQUALIZATION CREDITS AND CHARGES (NOTE 3)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(63240041) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(142084584) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64412896) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13333359) |
|  **DISTRIBUTIONS TO UNITHOLDERS <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3819392345) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7379637024) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6848328973) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6037265137) |
| **INCREASE (DECREASE) IN NET ASSETS FROM UNIT TRANSACTIONS:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Proceeds from issuance of Units<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589757863058 | &nbsp;&nbsp;&nbsp;&nbsp;992586667258 | &nbsp;&nbsp;&nbsp;&nbsp;931210511336 | &nbsp;&nbsp;&nbsp;&nbsp;656633347164 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cost of Units redeemed<br>| &nbsp;&nbsp;&nbsp;&nbsp;(606003467139) | &nbsp;&nbsp;&nbsp;(996386735956) | &nbsp;&nbsp;&nbsp;(890145523272) | &nbsp;&nbsp;&nbsp;(648847861480) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net income equalization (Note 3)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63240041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142084584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64412896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13333359 |
|  **NET INCREASE (DECREASE) IN NET ASSETS FROM ISSUANCE AND REDEMPTION OF UNITS<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;(16182364040) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3657984114) | &nbsp;&nbsp;&nbsp;&nbsp;41129400960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7798819043 |
|  **NET INCREASE (DECREASE) IN NET ASSETS DURING THE PERIOD <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;(31757871613) | &nbsp;&nbsp;&nbsp;&nbsp;90638384351 | &nbsp;&nbsp;&nbsp;&nbsp;185683313373 | &nbsp;&nbsp;&nbsp;&nbsp;73502575691 |
|  **NET ASSETS AT BEGINNING OF PERIOD <br>**  | &nbsp;&nbsp;&nbsp;&nbsp;680289277221 | &nbsp;&nbsp;&nbsp;&nbsp;589650892870 | &nbsp;&nbsp;&nbsp;&nbsp;403967579497 | &nbsp;&nbsp;&nbsp;&nbsp;330465003806 |
|  **NET ASSETS AT END OF PERIOD<br>**  | $648531405608 | $680289277221 | $589650892870 | $403967579497 |
| **UNIT TRANSACTIONS:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Units sold<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1672050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1848950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1598300000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Units redeemed<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(896600000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1678250000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1767150000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1577850000) |
|  **NET INCREASE (DECREASE)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23850000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6200000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20450000 |

---

*See accompanying notes to financial statements.* 

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[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Financial Highlights

#### Selected data for a Unit outstanding throughout each period

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Six Months<br> Ended<br> 3/31/26<br> (Unaudited)** | &nbsp;&nbsp;**Year Ended<br> 9/30/25** | &nbsp;&nbsp;**Year Ended<br> 9/30/24** | &nbsp;&nbsp;**Year Ended<br> 9/30/23** | &nbsp;&nbsp;**Year Ended<br> 9/30/22** | &nbsp;&nbsp;**Year Ended<br> 9/30/21** |
| **Net asset value, beginning of period<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$666.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$574.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$427.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$357.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$429.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$335.21 |
| Income (loss) from investment operations: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net investment income (loss) (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.44 |
| &nbsp;&nbsp;&nbsp; Net realized and unrealized gain (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92.49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146.99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71.78) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94.21 |
| Total from investment operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76.54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(65.80) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.65 |
| Net equalization credits and charges (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 |
| Less Distributions from: |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net investment income<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.62) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6.51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.66) |
| **Net asset value, end of period<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$650.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$666.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$574.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$427.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$357.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$429.22 |
| **Total return (b)<br>**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.84)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17.46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15.53)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29.79% |
| **Ratios and Supplemental Data:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Net assets, end of period (in 000s)<br>| &nbsp;&nbsp;$648531406 | &nbsp;&nbsp;$680289277 | &nbsp;&nbsp;$589650893 | &nbsp;&nbsp;$403967579 | &nbsp;&nbsp;$330465004 | &nbsp;&nbsp;$384852540 |
| **Ratios to average net assets:** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Total expenses (excluding Trustee earnings credit and fee waivers)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09%(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% |
| &nbsp;&nbsp;&nbsp; Total expenses (excluding Trustee earnings credit)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09%(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% |
| &nbsp;&nbsp;&nbsp; Net expenses (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09%(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09% |
| &nbsp;&nbsp;&nbsp; Net investment income (loss)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%(c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.36% |
| Portfolio turnover rate (e)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4% |

---

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(a) Per Unit
numbers have been calculated using the average shares method, which more appropriately presents per Unit data for the period.

(b) Total
return is calculated assuming a purchase of Units at net asset value per Unit on the first day and a sale at net asset value per Unit on the last day of each period reported. Distributions are assumed, for the purposes of this calculation, to be
reinvested at the net asset value per Unit on the respective payment dates of the Trust. Total return for a period of less than one year is not annualized. Broker commission charges are not included in this calculation.

(c) Annualized.

(d) Net of
expenses waived by the Trustee.

(e) Portfolio
 turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions of Units.

*See accompanying notes to financial statements.* 

------

[**Table of Contents**](#job_spdr__6a7271bb-8a11-417e-b637-e55e134e0b4e_toc-notebook)

### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements

#### March 31, 2026 (Unaudited)

------

#### Note 1 — Organization
State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust (formerly SPDR S&P 500<sup>®</sup> ETF Trust) (the "Trust") is a unit investment trust created under the laws of the State of New York and registered under the Investment Company Act of 1940, as amended. The Trust is an "Exchange-Traded Fund", the units of which are listed on and traded on the New York Stock Exchange ("NYSE") under the symbol "SPY", and operates under an exemptive order granted by the U.S. Securities and Exchange Commission (the "SEC"). The Trust was created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the component common stocks, in substantially the same weighting, which comprise the Standard & Poor's 500<sup>®</sup> Index (the "S&P 500<sup>®</sup> Index"). Each unit of fractional undivided interest in the Trust is referred to as a "Unit". The Trust commenced operations on January 22, 1993 upon the initial issuance of 150,000 Units (equivalent to three "Creation Units" - see Note 5) in exchange for a portfolio of securities assembled to reflect the intended portfolio composition of the Trust.

Under the Amended and Restated Standard Terms and Conditions of the Trust, as amended (the "Trust Agreement"), PDR Services, LLC (the "Sponsor") and State Street Global Advisors Trust Company (the "Trustee") are indemnified against certain liabilities arising out of the performance of their duties to the Trust. Additionally, in the normal course of business, the Trust enters into contracts that contain general indemnification clauses. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, based on experience, the Trustee expects the risk of material loss to be remote.

The Sponsor is an indirect, wholly-owned subsidiary of Intercontinental Exchange, Inc. ("ICE"). ICE is a publicly-traded entity, trading on the NYSE under the symbol "ICE."

#### Note 2 — Segment Reporting
The Trust has one reportable segment. Business activities are managed on a consolidated basis and revenues are derived primarily through the Trust's investments in accordance with its investment objective. The Trust's chief operating decision maker ("CODM") is the President of the Trustee. The CODM assesses performance based on the Trust's Total Return as reported in the Financial Highlights, and the same accounting policies are applied as described in the summary of significant accounting policies. The Trust's Total Return is utilized by the CODM to compare results, including the impact of the Trust's costs, to the Trust's competitors and to the Trust's benchmark index.

#### Note 3 — Summary of Significant Accounting Policies
The following is a summary of significant accounting policies followed by the Trustee (who is responsible for the preparation of the Trust's financial statements) in the preparation of the Trust's financial statements:

The preparation of financial statements in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") requires the Trustee to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates. The Trust is an

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

------

#### Note 3 — Summary of Significant Accounting Policies – (continued)
investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies.

#### Security Valuation
The Trust's investments are valued at fair value each day that the NYSE is open and, for financial reporting purposes, as of the report date should the reporting period end on a day that the NYSE is not open. Fair value is generally defined as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. By its nature, a fair value price is a good faith estimate of the valuation in a current sale and may not reflect an actual market price. The investments of the Trust are valued pursuant to the policy and procedures developed by the Oversight Committee of the Trustee (the "Committee"). The Committee provides oversight of the valuation of investments for the Trust.

Valuation techniques used to value the Trust's equity investments are as follows:

Equity investments (including preferred stocks) traded on a recognized securities exchange for which market quotations are readily available are valued at the last sale price or official closing price, as applicable, on the primary market or exchange on which they trade. Equity investments traded on a recognized exchange for which there were no sales on that day are valued at the last published sale price or at fair value.

In the event that prices or quotations are not readily available or that the application of these valuation methods results in a price for an investment that is deemed to be not representative of the fair value of such investment, fair value will be determined in good faith by the Committee, in accordance with the valuation policy and procedures approved by the Trustee.

Fair value pricing could result in a difference between the prices used to calculate the Trust's net asset value ("NAV") and the prices used by the Trust's underlying index, the S&P 500<sup>®</sup> Index, which in turn could result in a difference between the Trust's performance and the performance of the S&P 500<sup>®</sup> Index.

The Trustee values the Trust's assets and liabilities at fair value using a hierarchy that prioritizes the inputs to valuation techniques, giving the highest priority to readily available unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements) when market prices are not readily available or reliable. The categorization of a value determined for an investment within the hierarchy is based upon the pricing transparency of the investment and is not necessarily an indication of the risk associated with the investment.

The three levels of the fair value hierarchy are as follows:

• Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the assets or liabilities either directly or indirectly, including quoted prices for similar assets or liabilities in active markets,

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

------

#### Note 3 — Summary of Significant Accounting Policies – (continued)
quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the assets or liabilities (such as exchange rates, financing terms, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs; and

• Level 3 – Unobservable inputs for the assets or liabilities, including the Committee's assumptions used in determining the fair value of investments.

#### Investment Transactions and Income Recognition
Investment transactions are accounted for on the trade date for financial reporting purposes. Dividend income and capital gain distributions, if any, are recognized on the ex-dividend date, or when the information becomes available, net of any foreign taxes withheld at source, if any. Non-cash dividends received in the form of stock, if any, are recorded as dividend income at fair value. Distributions received by the Trust may include a return of capital that is estimated by the Trustee. Such amounts are recorded as a reduction of the cost of investments or reclassified to capital gains. The Trust invests in real estate investment trusts ("REITs"). REITs determine the characterization of their income annually and may characterize a portion of their distributions as a return of capital or capital gain. The Trustee's policy is to record all REIT distributions as dividend income initially and re-designate a portion to return of capital or capital gain distributions at year end based on information provided by the REIT and/or Trustee's estimates of such re-designations for which actual information has not yet been reported. Realized gains and losses from the sale or disposition of investments are determined using the identified cost method.

#### Distributions
The Trust declares and distributes dividends from net investment income, if any, to its holders of Units ("Unitholders"), quarterly. Capital gain distributions, if any, are generally declared and paid annually. Additional distributions may be paid by the Trust to avoid imposition of federal income and excise tax on any remaining undistributed net investment income and capital gains. The amount and character of income and gains to be distributed are determined in accordance with federal tax regulations which may differ from net investment income and realized gains recognized for U.S. GAAP purposes.

#### Equalization
The Trustee follows the accounting practice known as "Equalization" by which a portion of the proceeds from sales and costs of reacquiring the Trust's Units, equivalent on a per Unit basis to the amount of distributable net investment income on the date of the transaction, is credited or charged to undistributed net investment income. As a result, undistributed net investment income per Unit is unaffected by sales or reacquisitions of the Trust's Units. Amounts related to Equalization can be found on the Statements of Changes in Net Assets.

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

------

#### Note 3 — Summary of Significant Accounting Policies – (continued)

#### Federal Income Taxes
For U.S. federal income tax purposes, the Trust has qualified as a "regulated investment company" under Subchapter M of the Internal Revenue Code of 1986, as amended (a "RIC"), and intends to continue to qualify as a RIC. As a RIC, the Trust will generally not be subject to U.S. federal income tax for any taxable year on income, including net capital gains, that it distributes to its Unitholders, provided that it distributes on a timely basis at least 90% of its "investment company taxable income" determined prior to the deduction for dividends paid by the Trust (generally, its taxable income other than net capital gain) for such taxable year. In addition, provided that the Trust distributes substantially all of its ordinary income and capital gains during each calendar year, the Trust will not be subject to U.S. federal excise tax. Income and capital gain distributions are determined in accordance with U.S. federal income tax principles, which may differ from U.S. GAAP.

U.S. GAAP requires the evaluation of tax positions taken in the course of preparing the Trust's tax returns to determine whether the tax positions are more likely than not to be sustained by the applicable tax authority. For U.S. GAAP purposes, the Trust recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities.

The Trustee has reviewed the Trust's tax positions for the open tax years as of September 30, 2025 and has determined that no provision for income tax is required in the Trust's financial statements. Generally, the Trust's tax returns for the prior three fiscal years remain subject to examinations by the Trust's major tax jurisdictions, which include the United States of America, the Commonwealth of Massachusetts and the State of New York. The Trustee has the Trust recognize interest and penalties, if any, related to tax liabilities as income tax expense in the Statements of Operations. There were no such expenses for the year ended September 30, 2025.

No income tax returns are currently under examination. The Trustee has analyzed the relevant tax laws and regulations and their application to the Trust's facts and circumstances and does not believe there are any uncertain tax positions that require recognition of any tax liabilities. Any potential tax liability is also subject to ongoing interpretation of laws by taxing authorities. The tax treatment of the Trust's investments may change over time based on factors including, but not limited to, new tax laws, regulations and interpretations thereof.

During the six months ended March 31, 2026, the Trustee reclassified $65,601,716,090 of non-taxable security gains realized from the in-kind redemption of Creation Units (Note 5) as an increase to paid in capital in the Statement of Assets and Liabilities.

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

------

#### Note 3 — Summary of Significant Accounting Policies – (continued)
At March 31, 2026, gross unrealized appreciation and gross unrealized depreciation of investments based on cost for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Tax <br> Cost** | **Gross <br> Unrealized<br> Appreciation** | **Gross <br> Unrealized<br> Depreciation** | **Net Unrealized<br> Appreciation<br> (Depreciation)** |
| State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust<br>| $717867919886 | $22721928030 | $92361711462 | $(69639783432) |

---

#### Note 4 — Transactions with Affiliates of the Trustee and Sponsor
State Street Bank and Trust Company ("SSBT"), the parent of the Trustee, maintains the Trust's accounting records, acts as custodian and transfer agent to the Trust, and provides administrative services, including the filing of certain regulatory reports. The Trustee pays SSBT for such services. The Trustee oversees the services provided by SSBT and is responsible for determining the composition of the portfolio of securities which must be delivered and/or received in exchange for the issuance and/or redemption of Creation Units of the Trust, and for adjusting the composition of the Trust's portfolio from time to time to conform to changes in the composition and/or weighting structure of the S&P 500<sup>®</sup> Index. For these services, the Trustee received a fee at the following annual rates for the six months ended March 31, 2026:

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Net asset value of the Trust** | &nbsp;&nbsp;&nbsp;&nbsp;**Fee as a percentage of net asset value of the Trust** |
| &nbsp;&nbsp;&nbsp;&nbsp;$0 – $499,999,999<br> $500,000,000 – $2,499,999,999<br> $2,500,000,000 and above | &nbsp;&nbsp;&nbsp;&nbsp;0.10% per annum plus or minus the Adjustment Amount<br> 0.08% per annum plus or minus the Adjustment Amount<br> 0.06% per annum plus or minus the Adjustment Amount |

---

The adjustment amount (the "Adjustment Amount") is the sum of (a) the excess or deficiency of transaction fees received by the Trustee, less the expenses incurred in processing orders for the creation and redemption of Units and (b) the amounts earned by the Trustee with respect to the cash held by the Trustee for the benefit of the Trust. During the six months ended March 31, 2026, the Adjustment Amount reduced the Trustee's fee by $30,335,049. The Adjustment Amount included an excess of net transaction fees from processing orders of $3,651,006 and a Trustee earnings credit of $26,684,043.

The Trustee has voluntarily agreed to waive a portion of its fee, as needed, for one year until February 1, 2027, so that the total operating expenses would not exceed 0.0945% per annum of the daily NAV of the Trust. No amounts were waived for the six months ended March 31, 2026 and the years ended September 30, 2025, 2024 and 2023. The Trustee has not entered into an agreement with the Trust to recapture waived fees in subsequent periods, and the Trustee may discontinue the voluntary waiver.

In accordance with the Trust Agreement and under the terms of an exemptive order issued by the SEC, dated December 30, 1997, the Sponsor is reimbursed by the Trust for certain expenses up to a maximum of 0.20% of the Trust's NAV on an annualized basis. The expenses reimbursed to the Sponsor for the six months ended March 31, 2026 and the years ended September 30, 2025, 2024 and 2023, did not exceed 0.20% per annum. The licensing and marketing fee disclosed below are subject to both the reimbursement

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

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#### Note 4 — Transactions with Affiliates of the Trustee and Sponsor – (continued)
from the Trust to the Sponsor and expense limitation of 0.20% of the Trust's NAV for the six months ended March 31, 2026 and the years ended September 30, 2025, 2024 and 2023. The Trust reimbursed the Sponsor for $153,476, $353,821, $384,319 and $446,722 of legal fees for the six months ended March 31, 2026, and the years ended September 30, 2025, 2024, and 2023, respectively, which are included in Legal and audit fees on the Statements of Operations.

S&P Dow Jones Indices LLC ("S&P"), per a license from Standard & Poor's Financial Services LLC, and State Street Global Advisors Funds Distributors, LLC ("SSGA FD" or the "Marketing Agent") have entered into a license agreement (the "License Agreement"). The License Agreement grants SSGA FD, an affiliate of the Trustee, a license to use the S&P 500<sup>®</sup> Index and to use certain trade names and trademarks of S&P in connection with the Trust. The S&P 500<sup>®</sup> Index also serves as the basis for determining the composition of the Trust's portfolio. The Trustee (on behalf of the Trust), the Sponsor and NYSE Arca, Inc. ("NYSE Arca", the principal U.S. listing exchange for the Trust) have each received a sublicense from SSGA FD for the use of the S&P 500<sup>®</sup> Index and certain trade names and trademarks in connection with their rights and duties with respect to the Trust. The License Agreement may be amended without the consent of any of the owners of beneficial interests of Units. Currently, the License Agreement is scheduled to terminate on November 29, 2031, but its term may be extended without the consent of any of the owners of beneficial interests of Units. Pursuant to such arrangements and in accordance with the Trust Agreement, the Trust reimburses the Sponsor for payment of fees under the License Agreement to S&P equal to 0.03% of the daily size of the Trust (based on Unit closing price and outstanding Units) plus an annual license fee of $600,000.

The Sponsor has entered into an agreement with the Marketing Agent pursuant to which the Marketing Agent has agreed to market and promote the Trust. The Marketing Agent is reimbursed by the Sponsor for the expenses it incurs for providing such services out of amounts that the Trust reimburses the Sponsor. Expenses incurred by the Marketing Agent include, but are not limited to: printing and distribution of marketing materials describing the Trust, associated legal, consulting, advertising and marketing costs and other out-of-pocket expenses.

ALPS Distributors, Inc. (the "Distributor") serves as the distributor of the Units. The Sponsor pays the Distributor for its services a flat annual fee of $25,000, and the Trust does not reimburse the Sponsor for this fee.

#### Investments in Affiliates of the Trustee and the Sponsor
The Trust has invested in companies that are considered affiliates of the Trustee (State Street Corp.) and the Sponsor (ICE). Such investments were made according to the representative portion of the S&P 500<sup>®</sup> Index. The market values of these investments at March 31, 2026 are listed in the Schedule of Investments.<br>

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

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#### Note 5 — Unitholder Transactions
Units are issued and redeemed by the Trust only in Creation Unit size aggregations of 50,000 Units. Such transactions are only permitted on an in-kind basis, with a separate cash payment that is equivalent to the undistributed net investment income per Unit (income equalization) and a balancing cash component to equate the transaction to the NAV per Unit of the Trust on the transaction date. There is a transaction fee payable to the Trustee in connection with each creation and redemption of Creation Units made through the clearing process (the "Transaction Fee"). The Transaction Fee is non-refundable, regardless of the NAV of the Trust. The Transaction Fee is the lesser of $3,000 or 0.10% (10 basis points) of the value of one Creation Unit at the time of creation per participating party per day, regardless of the number of Creation Units created or redeemed on such day. The Transaction Fee is currently $3,000. For creations and redemptions outside the clearing process, including orders from a participating party restricted from engaging in transactions in one or more of the common stocks that are included in the S&P 500<sup>®</sup> Index, an additional amount not to exceed three (3) times the Transaction Fee applicable for one Creation Unit is charged per Creation Unit per day.<br>

#### Note 6 — Investment Transactions
For the six months ended March 31, 2026, the Trust had in-kind contributions, in-kind redemptions, purchases and sales of investment securities of $421,041,024,491, $437,226,257,484, $7,687,712,146, and $7,905,113,915, respectively. Net realized gain (loss) on investment transactions in the Statement of Operations includes net gains resulting from in-kind transactions of $65,601,716,090.<br>

#### Note 7 — Equity Investing and Market Risk
An investment in the Trust involves risks similar to those of investing in any fund of equity securities, such as market fluctuations caused by such factors as economic and political developments, changes in interest rates, perceived trends in securities prices, war, acts of terrorism, the spread of infectious disease or other public health issues. Local, regional or global events such as war, acts of terrorism, the spread of infectious disease or other public health issues, recessions, or other events could have a significant impact on the Trust and its investments and could result in increased premiums or discounts to the Trust's net asset value. For example, conflict, loss of life and disaster connected to ongoing armed conflicts between Ukraine and Russia in Europe and Israel and Hamas in the Middle East could have severe adverse effects on their respective regions, including significant adverse effects on the regional or global economies and the markets for certain securities. Russia's invasion of Ukraine has resulted in sanctions against Russian governmental institutions, Russian entities, and Russian individuals that may result in the devaluation of Russian currency; a downgrade in the country's credit rating; a freeze of Russian foreign assets; and a decline in the value and liquidity of Russian securities, properties, or interests. These Russian-related sanctions as well as the potential for military escalation and other corresponding events in Europe and the Middle East, and the resulting disruption of the Russian and Israeli economies, may cause volatility in other regional and global markets and may negatively impact the performance of various sectors and industries, as well as companies in other countries, which could have a negative effect on the performance of the Trust, even if the Trust does not have direct exposure to securities of Russian or Israeli issuers.

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

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#### Note 7 — Equity Investing and Market Risk – (continued)
An investment in the Trust is subject to the risks of any investment in a broadly based portfolio of equity securities, including the risk that the general level of stock prices may decline, thereby adversely affecting the value of such investment. The value of common stocks actually held by the Trust and that make up the Trust's portfolio (the "Portfolio Securities") may fluctuate in accordance with changes in the financial condition of the issuers of Portfolio Securities, the value of equity securities generally and other factors. The identity and weighting of common stocks that are included in the S&P 500<sup>®</sup> Index and the Portfolio Securities change from time to time.

The financial condition of issuers of Portfolio Securities may become impaired or the general condition of the stock market may deteriorate, either of which may cause a decrease in the value of the Trust's portfolio and thus in the value of Units. Since the Trust is not actively managed, the adverse financial condition of an issuer will not result in its elimination from the Trust's portfolio unless such issuer is removed from the S&P 500<sup>®</sup> Index. Equity securities are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence in and perceptions of their issuers change. These investor perceptions are based on various and unpredictable factors, including expectations regarding government, economic, monetary and fiscal policies, inflation and interest rates, economic expansion or contraction, and global or regional political, economic and banking crises, as well as war, acts of terrorism and the spread of infectious disease or other public health issues.

The impact of infectious disease outbreaks that may arise in the future, could adversely affect the economies of many nations or the entire global economy, individual issuers and capital markets in ways that cannot necessarily be foreseen. Public health crises may exacerbate other pre-existing political, social and economic risks in certain countries or globally. These factors, as well as any restrictive measures instituted in order to prevent or control a pandemic or other public health crisis could have a material and adverse effect on the Trust's investments.

Holders of common stocks of any given issuer incur more risk than holders of preferred stocks and debt obligations of the issuer because the rights of common stockholders, as owners of the issuer, generally are subordinate to the rights of creditors of, or holders of debt obligations or preferred stocks issued by, such issuer. Further, unlike debt securities that typically have a stated principal amount payable at maturity, or preferred stocks that typically have a liquidation preference and may have stated optional or mandatory redemption provisions, common stocks have neither a fixed principal amount nor a maturity. Equity securities values are subject to market fluctuations as long as the equity securities remain outstanding. The value of the Trust's portfolio will fluctuate over the entire life of the Trust.

There can be no assurance that the issuers of Portfolio Securities will pay dividends. Distributions generally depend upon the declaration of dividends by the issuers of Portfolio Securities and the declaration of such dividends generally depends upon various factors, including the financial condition of the issuers and general economic conditions.<br>

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Notes to Financial Statements (continued)

#### March 31, 2026 (Unaudited)

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#### Note 8 — Subsequent Events
The Trustee has evaluated the impact of all subsequent events on the Trust through the date on which the financial statements were issued and has determined that there were no subsequent events requiring adjustment or disclosure in the financial statements.

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust

### Other Information

#### March 31, 2026 (Unaudited)

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#### Comparison of Total Returns Based on NAV and Bid/Ask Price<sup>(1)</sup>
The table below is provided to compare the Trust's total pre-tax return at NAV with the total pre-tax returns based on bid/ask price and the performance of the S&P 500<sup>®</sup> Index. Past performance is not necessarily an indication of how the Trust will perform in the future. The return based on NAV shown in the table below reflects the impact of a fee waiver and, without this waiver, returns would have been lower.

#### Cumulative Total Return

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| | | | |
|:---|:---|:---|:---|
|  | **1 Year** | **5 Year** | **10 Year** |
| State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust |  |  |  |
| &nbsp;&nbsp;&nbsp; Return Based on NAV<br>| &nbsp;&nbsp;&nbsp;&nbsp;17.64% | &nbsp;&nbsp;&nbsp;&nbsp;75.68% | &nbsp;&nbsp;&nbsp;&nbsp;270.93% |
| &nbsp;&nbsp;&nbsp; Return Based on Bid/Ask Price<br>| &nbsp;&nbsp;&nbsp;&nbsp;17.59% | &nbsp;&nbsp;&nbsp;&nbsp;75.47% | &nbsp;&nbsp;&nbsp;&nbsp;270.90% |
| S&P 500<sup>®</sup> Index<br>| 17.80% | 76.74% | 275.94% |

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#### Average Annual Total Return

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| | | | |
|:---|:---|:---|:---|
|  | **1 Year** | **5 Year** | **10 Year** |
| State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust |  |  |  |
| &nbsp;&nbsp;&nbsp; Return Based on NAV<br>| &nbsp;&nbsp;&nbsp;&nbsp;17.64% | &nbsp;&nbsp;&nbsp;&nbsp;11.93% | &nbsp;&nbsp;&nbsp;&nbsp;14.01% |
| &nbsp;&nbsp;&nbsp; Return Based on Bid/Ask Price<br>| &nbsp;&nbsp;&nbsp;&nbsp;17.59% | &nbsp;&nbsp;&nbsp;&nbsp;11.90% | &nbsp;&nbsp;&nbsp;&nbsp;14.01% |
| S&P 500<sup>®</sup> Index<br>| 17.80% | 12.06% | 14.16% |

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(1) The
bid/ask price is the midpoint of the best bid and best offer prices on NYSE Arca at the time the Trust's NAV is calculated, ordinarily 4:00 p.m.

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### State Street<sup>®</sup> SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust
(Unaudited)

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#### Sponsor
PDR Services LLC<br> c/o NYSE Holdings LLC<br> 11 Wall Street<br> New York, NY 10005

#### Trustee
State Street Global Advisors Trust Company<br> One Congress Street<br> Boston, MA 02114

#### Distributor
ALPS Distributors, Inc.<br> 1290 Broadway Suite 1000<br> Denver, CO 80203

#### Independent Registered Public Accounting Firm
PricewaterhouseCoopers LLP<br> 101 Seaport Boulevard, Suite 500<br> Boston, MA 02210