Filed Pursuant To Rule 433

Registration No. 333-217785

July 12, 2017

SPDR® ETF Trading Report     May 2017
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spreadvs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
US Core    
SPY    SPDR S&P 500® ETF 0.010.000.0167,945,47816,246,918,07677,591,57816,65015,1533,981,3483,590,9582720.30175,515,778
MDY    SPDR S&P MidCap 400® ETF 0.060.020.071,165,921364,735,2591,266,6821,1401,470356,626458,8901130.402,748,190
SLY    SPDR S&P 600 Small Cap ETF 0.450.370.4318,8352,277,34844,0452,7452,399331,898287,9041200.5019,544
DIA    SPDR Dow Jones Industrial Average ETF Trust 0.020.010.022,515,648525,135,9763,115,2351,9442,503405,810520,3241290.206,572,913
THRK    SPDR Russell 3000 ETF 0.640.360.696,6691,191,3419,1303,0412,449543,214431,9551250.406,741
TWOK    SPDR Russell 2000® ETF 0.220.270.2512,3041,001,90718,7906,3515,824517,162470,4041310.503,667
ONEK    SPDR Russell 1000 ETF 0.300.260.355,129575,8393,6602,7553,031309,304337,8661640.3017,137
SMD    SPDR S&P 1000 ETF 0.690.760.702,526228,6983,9361,7471,819158,680164,911620.401,360
SPYX    SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.230.400.253,982231,2496,9132,6093,533151,505202,8301120.3018,623
SHE    SPDR SSGA Gender Diversity Index ETF 0.050.080.0515,040996,6388,3048,1567,896540,498520,504790.3012,173
US Style    
SPYG    SPDR S&P 500 Growth ETF 0.210.180.2334,2204,014,72130,7192,3232,774272,534319,149930.3030,724
SPYV    SPDR S&P 500 Value ETF 0.200.180.2312,5481,407,48919,0072,9783,107334,042351,060760.4013,293
MDYG    SPDR S&P 400 Mid Cap Growth ETF 0.340.240.3718,7962,660,49317,3433,5823,125507,032437,8131360.5015,848
MDYV    SPDR S&P 400 Mid Cap Value ETF 0.260.270.2818,8301,789,83928,9427,5996,183722,285591,0951000.506,238
SLYG    SPDR S&P 600 Small Cap Growth ETF 0.590.280.6031,2046,641,29631,5942,5832,535549,740534,961830.5038,992
SLYV    SPDR S&P 600 Small Cap Value ETF 0.300.250.2951,6326,082,58153,4072,0031,675235,973196,310760.5028,937
US Sector    
XLY    Consumer Discretionary Select Sector SPDR Fund 0.010.010.014,274,872384,253,6654,120,1049,8069,400881,461829,8321670.4011,080,736
XLP    Consumer Staples Select Sector SPDR Fund 0.010.020.017,265,121402,059,7238,013,52570,35173,4073,893,2244,046,1943780.3037,230,614
XLE    Energy Select Sector SPDR Fund 0.010.020.0115,295,3471,029,065,08815,638,99716,99414,2761,143,356984,4731880.7035,703,716
XLF    Financial Select Sector SPDR Fund 0.010.040.0168,476,9501,611,424,72277,863,175915,371884,10521,538,68021,032,8581,2110.5078,037,933
XLV    Health Care Select Sector SPDR Fund 0.010.010.016,033,113455,219,7937,228,90818,35716,7741,385,0361,258,5532470.4021,377,955
XLI    Industrial Select Sector SPDR Fund 0.010.020.018,478,822563,568,5099,529,96629,74927,4891,977,4161,806,5772760.4034,568,472
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spreadvs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
US Sector (cont’d)    
XLB    Materials Select Sector SPDR Fund 0.010.020.014,277,090225,591,9174,323,38327,52425,0191,451,6161,312,9972330.5014,329,656
XLK    Technology Select Sector SPDR Fund 0.010.020.0110,144,943563,878,9498,947,52781,78982,7454,545,8334,470,7123920.5030,940,854
XLU    Utilities Select Sector SPDR Fund 0.010.020.0110,249,976534,244,61312,746,82529,40227,3931,532,4321,414,8482780.4048,743,080
XLRE    Real Estate Select Sector SPDR Fund 0.010.030.011,718,50354,396,5692,005,83635,28746,8001,116,8341,479,8163380.405,210,472
US Industry    
KBE    SPDR S&P Bank ETF 0.010.030.012,010,56184,879,7942,657,4454,7965,923202,487254,0971600.707,030,245
KCE    SPDR S&P Capital Markets ETF 0.130.290.134,412205,2589,2506,5778,097305,962382,745870.503,606
KIE    SPDR S&P Insurance ETF 0.040.050.04227,17819,481,607162,2471,4491,538124,252132,1911250.40531,363
KRE    SPDR S&P Regional Banking ETF 0.010.020.016,961,472370,710,4948,188,8014,6934,791249,902260,0551770.8025,352,559
XBI    SPDR S&P Biotech ETF 0.030.040.033,734,853259,193,8164,037,6851,2901,22289,52684,8921621.1026,962,951
MTK    SPDR Morgan Stanley Technology ETF 0.090.120.1827,5971,996,60624,3301,7982,383130,085166,3811280.5015,295
XHB    SPDR S&P Homebuilders ETF 0.010.030.011,092,70441,164,8511,402,62113,25212,162499,203452,1831730.507,662,460
XME    SPDR S&P Metals & Mining ETF 0.010.040.013,323,47796,303,2383,881,2296,8335,726198,020172,1241790.9010,709,477
XES    SPDR S&P Oil & Gas Equipment & Services ETF 0.020.130.02557,1389,524,592739,8347,1106,608121,581124,7592321.80868,498
XITK    SPDR FactSet Innovative Technology ETF 0.150.210.155,230357,9715,40142853129,33534,6112450.802,585
XOP    SPDR S&P Oil & Gas Exploration & Production ETF 0.010.030.0117,007,633588,597,82817,365,00511,97012,277414,282440,2532241.3055,258,357
XPH    SPDR S&P Pharmaceuticals ETF 0.040.100.0473,7863,095,384111,9032,2982,48796,401104,0311940.801,048,928
XRT    SPDR S&P Retail ETF 0.010.030.014,128,474173,004,0335,092,8526,6326,090277,947256,3891810.8017,819,511
XSD    SPDR S&P Semiconductor ETF 0.040.070.04110,8106,771,71287,1381,8291,819111,770109,5581611.10458,138
XHE    SPDR S&P Health Care Equipment ETF 0.200.340.2027,5481,587,00023,9652,8582,727164,649153,9661280.6040,762
XTL    SPDR S&P Telecom ETF 0.300.000.2416,7871,185,37515,0633,7814,366266,976307,4102650.801,489
XAR    SPDR S&P Aerospace & Defense ETF 0.060.090.06107,7567,359,089111,7621,9466,656132,892451,6101180.702,275,329
XHS    SPDR S&P Health Care Services ETF 0.120.200.1014,447869,81713,1761,10890766,71353,2141410.7021,293
XSW    SPDR S&P Software & Services ETF 0.130.210.136,431392,1426,0322,3162,204141,207130,8743250.607,231
XTH    SPDR S&P Technology Hardware ETF 0.340.470.4633320,6123724,9106,040358,135421,29081.307,772
XTN    SPDR S&P Transportation ETF 0.060.120.0626,9511,408,96340,4712,6222,698137,078143,1561490.7021,464
XWEB    SPDR S&P Internet ETF 0.240.360.241456,1141583,9664,065258,821245,20112.00335
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
State Street Global Advisors     2

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spreadvs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
Real Estate Equities    
RWR    SPDR Dow Jones REIT ETF 0.050.050.05176,12016,120,323226,5401,6402,143150,109197,9491170.5066,585
RWO    SPDR Dow Jones Global Real Estate ETF 0.050.120.04190,5649,045,293380,7071,3293,30463,088155,8831650.4085,982
RWX    SPDR Dow Jones International Real Estate ETF 0.010.030.01487,67318,839,611566,1407,3848,851285,244334,1253340.301,419,410
Global Equities    
DGT    SPDR Global Dow ETF 0.400.530.3986659,9362,73647044635,98333,151370.50327
GII    SPDR S&P Global Infrastructure ETF 0.290.570.2919,354965,57223,8051,1191,24955,82760,8512350.505,818
GNR    SPDR S&P Global Natural Resources ETF 0.070.180.07101,7604,273,939104,0291,1401,16747,88049,2591680.6050,557
CWI    SPDR MSCI ACWI ex-US ETF 0.010.040.01212,3787,574,741229,5859,5337,624340,042263,1803630.40329,099
ACIM    SPDR MSCI ACWI IMI ETF 0.200.280.255,113363,4905,86942851030,42735,486760.301,908
EFAX    SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.731.070.6884753,61844179792954,82662,085570.601,016
GWL    SPDR S&P World ex-US ETF 0.030.100.03252,3667,253,135234,2028,5647,429246,129208,2358750.40575,648
GWX    SPDR S&P International Small Cap ETF 0.050.160.05108,6853,544,045102,92294284930,71926,9811800.30132,407
LOWC    SPDR MSCI ACWI Low Carbon Target ETF 0.120.150.1374958,69587197899380,83279,937850.30532
International Developed Equities — Region/Country    
FEZ    SPDR EURO STOXX 50 ETF 0.010.030.014,772,162187,027,5174,113,43683,64678,5893,278,0872,942,3724830.707,987,145
FEU    SPDR STOXX Europe 50 ETF 0.040.130.04157,4135,359,05283,3961,4951,77750,89059,2273330.6052,008
SMEZ    SPDR EURO STOXX Small Cap ETF 0.110.190.112,295129,9852,5261,0781,18061,04761,9972030.805,448
HFEZ    SPDR EURO STOXX 50 Currency Hedged ETF 0.140.360.154,554183,0494,7086,9025,152277,460200,1552310.507,018
HDWX    SPDR S&P International Dividend Currency Hedged ETF 1.322.850.841,24952,76273933661715,34827,3081250.903,551
Emerging Market Equities    
GMM    SPDR S&P Emerging Markets ETF 0.170.260.1828,2951,867,25840,36369964646,12741,6991360.7022,611
GML    SPDR S&P Emerging Latin America ETF 0.390.780.473,386172,9094,41253562227,41331,610891.602,044
GAF    SPDR S&P Emerging Middle East & Africa ETF 0.751.210.9072537,46571431231019,44418,715741.40787
GUR    SPDR S&P Emerging Europe ETF 0.190.620.1912,883386,54411,96285186825,53025,2071320.803,976
GMF    SPDR S&P Emerging Asia Pacific ETF 0.190.210.1721,3291,901,29920,50060766754,10858,0221320.50112,882
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
State Street Global Advisors     3

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spread vs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
Emerging Market Equities (cont’d)    
EEMX    SPDR MSCI Emerging Markets Fossil Fuel Reserves 1.923.131.214,035246,0181,56337464523,03139,2871081.401,430
Free ETF    
EWX    SPDR S&P Emerging Markets Small Cap ETF 0.060.130.0764,3552,974,56898,2807401,37434,20362,8741360.60108,060
GXC    SPDR S&P China ETF 0.100.120.1061,7185,242,29181,18352860744,84850,1991130.6025,799
RBL    SPDR S&P Russia ETF 0.080.420.095,822114,23512,0881,2641,05424,80020,4792351.005,529
XINA    SPDR MSCI China A Shares IMI ETF 0.281.350.261582,9941552732385,6185,160361.903
International Sector Equities    
IPD    SPDR S&P International Consumer Discretionary 0.310.770.294,769188,4563,17099686739,75033,735840.4020,683
Sector ETF    
IPS    SPDR S&P International Consumer Staples Sector ETF 0.230.500.222,792124,9623,48155169325,32429,910580.502,758
IPW    SPDR S&P International Energy Sector ETF 0.090.500.0915,698290,52517,89272693113,43816,8981540.70561
IPF    SPDR S&P International Financial Sector ETF 0.652.980.384,981105,9963,0031,1571,47724,77131,0021331.204,002
IRY    SPDR S&P International Health Care Sector ETF 0.150.290.143,951196,3698,5698761,11543,54652,4051390.406,203
IPN    SPDR S&P International Industrial Sector ETF 0.170.510.158,206279,9817,1781,1661,15339,78437,8652290.5012,169
IRV    SPDR S&P International Materials Sector ETF 0.120.560.122,08045,42617,3481,7491,00938,26821,6831420.603,665
IPK    SPDR S&P International Technology Sector ETF 0.210.500.2138,6771,608,00022,7001,6941,49070,42060,1511420.5092,342
IST    SPDR S&P International Telecommunications 0.130.520.1321,432545,33314,3581,4061,45135,78335,6801700.50—
Sector ETF    
IPU    SPDR S&P International Utilities Sector ETF 0.080.450.073,39257,3115,3808801,10614,87217,7183630.602,737
Advanced Beta — Income    
EDIV    SPDR S&P Emerging Markets Dividend ETF 0.050.180.0650,6861,504,69468,04354075016,03322,2451590.6061,160
DWX    SPDR S&P International Dividend ETF 0.050.130.04209,8398,224,032172,6821,9141,97775,01075,9371470.40162,506
SDY    SPDR S&P Dividend ETF 0.010.020.02706,74462,109,411618,4903,5503,508311,974309,2301980.30791,481
WDIV    SPDR S&P Global Dividend ETF 0.080.110.0814,373951,89515,75558450938,67833,1051720.4013,155
SPYD    SPDR S&P 500 High Dividend ETF 0.060.170.0645,7851,596,79945,0046,4496,737224,941237,0751490.4010,372
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
State Street Global Advisors     4

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spreadvs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
Advanced Beta — Multi Factor    
QAUS    SPDR MSCI Australia StrategicFactors ETF 0.060.110.041,90092,9474,99680490241,55146,6062260.70406
QCAN    SPDR MSCI Canada StrategicFactors ETF 0.060.100.061,55872,3762,9811,01591554,86149,9222060.70719
QDEU    SPDR MSCI Germany StrategicFactors ETF 0.060.100.061,48386,2513,08996999457,67557,672960.702,179
QJPN    SPDR MSCI Japan StrategicFactors ETF 0.270.380.2625615,22699056750540,00234,92190.401,769
QESP    SPDR MSCI Spain StrategicFactors ETF 0.040.070.0410,642529,5094,5071,0981,08254,69152,7151280.901,205
QGBR    SPDR MSCI United Kingdom StrategicFactors ETF 0.170.320.171,64784,2763,57691096347,46649,113960.403,653
QEFA    SPDR MSCI EAFE StrategicFactors ETF 0.370.610.3612,760776,79114,2991,0162,03761,854119,3271450.4010,651
QWLD    SPDR MSCI World StrategicFactors ETF 0.650.940.6329819,37416569468647,85846,820490.50648
QEMM    SPDR MSCI Emerging Markets StrategicFactors ETF 0.430.750.466,122352,2397,3841,2211,45470,25681,555940.5056,441
QUS    SPDR MSCI USA StrategicFactors ETF 0.100.140.091,646112,5644,36616516911,46811,617610.304,663
Advanced Beta — Single Factor    
SPYB    SPDR S&P 500 Buyback ETF 0.150.270.191,27566,9311,3825,2097,376287,328404,5003670.6014,607
VLU    SPDR S&P 1500 Value Tilt ETF 0.520.570.5119415,97140281871874,79065,805190.201,100
MMTM    SPDR S&P 1500 Momentum Tilt ETF 0.640.630.6161359,3111,4921,131932113,89293,032130.70908
LGLV    SPDR SSGA US Large Cap Low Volatility Index ETF 0.450.530.4710,436887,6846,33378572866,77261,8361560.302,142
SMLV    SPDR SSGA US Small Cap Low Volatility Index ETF 0.310.340.3210,658966,61311,4472,0812,573188,726234,8381040.409,303
ONEY    SPDR Russell 1000 Yield Focus ETF 0.440.640.3840826,6878814,4935,200310,107360,724890.80106
ONEO    SPDR Russell 1000 Momentum Focus ETF 0.350.510.334,379301,0224,2232,2732,342156,246160,1231580.4028,939
ONEV    SPDR Russell 1000 Low Volatility Focus ETF 0.360.520.361,662110,6271,5105,2715,544365,597383,8671220.4038,487
Advanced Beta — Fixed Income    
CBND    SPDR Bloomberg Barclays Issuer Scored Corporate 0.310.940.209,398303,9167,1532654088,57013,0721380.404,169
Bond ETF    
Fixed Income — US Government    
BIL    SPDR Bloomberg Barclays 1–3 Month T-Bill ETF 0.010.020.01676,16330,914,507763,5951,663,6401,709,73776,061,62178,152,0784740.00633,703
ITE    SPDR Bloomberg Barclays Intermediate Term 0.060.100.0619,6701,181,85437,8884,3493,489261,288208,7822460.106,798
Treasury ETF    
TLO    SPDR Bloomberg Barclays Long Term Treasury ETF 0.100.150.1072,5445,090,23376,9211,3301,65593,326115,2712030.4067,876
IPE    SPDR Bloomberg Barclays TIPS ETF 0.090.160.0833,0041,860,97649,9505,1113,666288,209207,5321570.2021,896
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
State Street Global Advisors     5

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spread vs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
Fixed Income — US Government (cont’d)    
SST    SPDR Bloomberg Barclays Short Term Treasury ETF 0.060.190.0547,5991,435,16151,6885,0515,373152,288161,7275190.1028,806
SIPE    SPDR Bloomberg Barclays 0–5 Year TIPS ETF 0.221.120.221,35624,9151,94499686119,58117,056110.502,001
TIPX    SPDR Bloomberg Barclays 1–10 Year TIPS ETF 0.110.550.107,748151,24215,5731,26893124,75118,2763820.2077,886
Fixed Income — US Investment Grade Corporates    
SCPB    SPDR Bloomberg Barclays Short Term Corporate 0.010.040.01315,3289,651,021322,37725,50530,928780,708945,7783300.00120,767
Bond ETF    
ITR    SPDR Bloomberg Barclays Intermediate Term Corporate 0.020.060.02283,7269,731,998381,8198,27510,488283,833358,2703310.10100,409
Bond ETF    
LWC    SPDR Bloomberg Barclays Long Term Corporate 0.160.390.1325,0921,026,30929,0049971,04640,77742,0911830.308,135
Bond ET    
FLRN    SPDR Bloomberg Barclays Investment Grade 0.020.050.02200,3216,152,610319,23214,08111,825432,428363,1463520.00145,548
Floating Rate ETF    
Fixed Income — High Yield    
JNK    SPDR Bloomberg Barclays High Yield Bond ETF 0.010.030.018,269,083306,918,25210,660,57596,37598,5213,577,4403,622,6175950.2035,151,641
SJNK    SPDR Bloomberg Barclays Short Term High Yield 0.010.040.011,685,97047,226,3852,052,76951,89644,2141,453,6071,233,1284000.10640,483
Bond ETF    
CJNK    SPDR BofA Merrill Lynch Crossover Corporate Bond ETF 0.250.950.243,69297,9187,36266965717,74217,2271260.409,476
Fixed Income — US Mortgage    
MBG    SPDR Bloomberg Barclays Mortgage Backed Bond ETF 0.060.220.0724,293640,40148,2954,2212,310111,26660,6382580.2026,657
Fixed Income — US Aggregate    
BNDS    SPDR Bloomberg Barclays Aggregate Bond ETF 0.070.120.0763,5343,639,46870,9046,6724,984382,172284,5865580.102,826
Fixed Income — Hybrids    
CWB    SPDR Bloomberg Barclays Convertible Securities ETF 0.010.030.01531,99825,949,224601,0891,2351,41760,24368,1581320.301,140,112
PSK    SPDR Wells Fargo Preferred Stock ETF 0.060.130.0645,2442,031,92048,4205,3784,114241,526182,0452290.1014,015
Fixed Income — Municipal    
SHM    SPDR Nuveen Bloomberg Barclays Short Term 0.010.030.01274,29713,337,810349,11610,05911,454489,169555,1752560.00259,016
Municipal Bond ETF    
TFI    SPDR Nuveen Bloomberg Barclays Municipal Bond ETF 0.020.040.02322,11015,604,416331,8004,1853,903202,721187,5001950.10429,096
HYMB    SPDR Nuveen S&P High Yield Municipal Bond ETF 0.110.200.1154,8693,120,32878,84073756041,91331,7411510.1063,577
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
State Street Global Advisors     6

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spread vs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker    ETF Name ($)(%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
Fixed Income — International    
WIP    SPDR Citi International Government Inflation-Protected 0.250.460.2530,6261,699,62947,07864850135,96427,5701340.305,494
Bond ETF    
BWZ    SPDR Bloomberg Barclays Short Term International 0.140.450.1225,613787,90928,9751,19888836,85026,9151460.4029,997
Treasury Bond ETF    
BWX    SPDR Bloomberg Barclays International Treasury 0.040.150.03400,32010,830,642529,1651,1333,34030,64889,2112180.30569,138
Bond ETF    
IBND    SPDR Bloomberg Barclays International Corporate 0.110.340.1140,5941,321,05860,0871,11672736,31522,8792210.4056,087
Bond ETF    
EBND    SPDR Bloomberg Barclays Emerging Markets Local 0.120.410.1120,683589,91029,6761,0191,15529,06232,5831750.5015,311
Bond ETF    
Commodity    
GLD®    SPDR Gold Trust 0.010.010.017,277,827863,288,1277,950,22112,45213,0261,477,0561,549,7031890.508,086,929
NANR    SPDR S&P North American Natural Resources ETF 0.050.150.0569,9122,232,83758,5083,2712,819104,47691,6462780.70102,932
Active — Asset Allocation    
RLY    SPDR SSGA Multi-Asset Real Return ETF 0.110.460.1116,014388,94517,2778,3818,183203,574199,8291440.4014,595
INKM    SPDR SSGA Income Allocation ETF 0.120.370.114,884157,1836,82710,53911,109339,145351,8222050.203,579
GAL    SPDR SSGA Global Allocation ETF 0.080.220.0821,117746,04221,2728,6029,640303,909335,4722290.2013,972
DWFI    SPDR Dorsey Wright Fixed Income Allocation ETF 0.040.150.0836,018914,58431,016292872,47971,2786420.3541,594
Active — Equity    
SYE    SPDR MFS Systematic Core Equity ETF 0.170.260.1826314,4644468351,14455,92876,202110.40449
SYG    SPDR MFS Systematic Growth Equity ETF 0.220.320.2427,3391,916,56113,34551864736,31245,0381430.401,979
SYV    SPDR MFS Systematic Value Equity ETF 0.170.290.1752428,10534088193550,82554,688400.60704
Active — Fixed Income    
TOTL    SPDR DoubleLine Total Return Tactical ETF 0.030.060.03312,80515,377,178380,7463,7613,081184,891150,7232290.10134,564
EMTL    SPDR DoubleLine Emerging Markets Fixed Income ETF 0.130.260.205,039252,707.693,51810,097.7812,091.55507,732.70602,209.073890.17645,597
STOT    SPDR DoubleLine Short Duration Total Return 0.170.340.167,277362,300.947,5001,609.144,829.1080,071.70239,512.012910.241215,501
Tactical ETF    
SRLN    SPDR Blackstone / GSO Senior Loan ETF 0.010.030.02346,05816,430,265298,13411,36317,234539,515818,0983100.0065,142
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
State Street Global Advisors     7

SPDR® ETF Trading Report    
ConsolidatedConsolidated Avg.Avg.Avg. QuoteShort
Spread ($)Avg. DailyConsolidatedDaily VolumeAvg.Quote SizeAvg.Size ($)Avg.DailyInterest
Spread Spread vs. 3 mo.VolumeAvg. Daily(shares) vs.Quote Size(Shares) vs.Quotevs. 3 mo.Trade Volatilityas of
Ticker ETF Name    ($) (%)trailing(shares)Volume ($)3 mo. trailing(shares)3 mo. trailingSize ($)trailingSize(%)04/30/2017
Active — Fixed Income (cont’d)    
ULST    SPDR SSGA Ultra Short Term Bond ETF 0.070.160.052,800108,0136,1882,7083,094108,997124,7191380.101,509
Source: ArcaVision. Data is as of May 31, 2017. Past performance is not a guarantee of future results.    
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State Street Global Advisors One Lincoln Street, Boston, MA 02111-2900. T: +1 617 786 3000.
Important Risk Information
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value.
Brokerage commissions and ETF expenses will reduce returns.
While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.
Investing in commodities entails significant risk and is not appropriate for all investors.
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State Street Global Advisors and SSGA are registered trademarks of State Street Corporation.
There is no relationship between Dorsey Wright & Associates, LLC (collectively with its parent companies and affiliates, “Dorsey Wright”) and State Street Global Advisors (“SSGA”) other than a license by Dorsey Wright to
SSGA of certain Dorsey Wright trademarks and trade names, and the Dorsey Wright Fixed Income Rotation Index
(“Index”), for use by SSGA.
BLOOMBERG®, a trademark and service mark of Bloomberg Finance L.P. and its affiliates, and BARCLAYS®, a trademark and service mark of Barclays Bank Plc, have each been licensed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs.
Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State
Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS
Distributors, Inc., a registered broker-dealer, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, and all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc. is distributor
for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with
State Street Global Advisors Funds Distributors, LLC.
State Street Global Advisors Funds Distributors, LLC is the distributor for certain registered products on behalf of the advisor. SSGA Funds Management has retained GSO Capital Partners, Nuveen Asset Management &
Massachusetts Financial Services Company & DoubleLine Capital LP as the sub-advisor to certain of such funds.
GSO Capital Partners, Nuveen Asset Management, MFS, and DoubleLine Capital LP are not affiliated with State Street Global Advisors Funds Distributors, LLC.
Important Information Relating to SPDR Gold Shares Trust (“GLD®”):
The SPDR Gold Trust (“GLD”) has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents GLD has filed with the SEC for more complete information about GLD and this offering. Please see the GLD prospectus for a detailed discussion of the risks of investing in GLD shares. When distributed electronically, the GLD prospectus is available by clicking here. You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, the Trust or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.4053.
GLD is not an investment company registered under the Investment Company Act of 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of the Trust do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.
GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLD shares relates directly to the value of the gold held by GLD (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. GLD does not generate any income, and as GLD regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Share will decline over time to that extent.
For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds Distributors, LLC, One Lincoln Street, Boston, MA, 02111; T: +1 866 320 4053 spdrgoldshares.com
Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call +1 617 664 7727 or visit spdrs.com. Read it carefully.
Not FDIC Insured No Bank Guarantee May Lose Value
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State Street Global Advisors    ID9923-IBG-24137 0717 Exp. Date: 07/31/2018 SPD001369

SPDR® GOLD TRUST has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.