F4 NY + THE NEW YORK TIMES, THURSDAY, SEPTEMBER 12, 2019
Whenyou’recalculatingETFcosts,lookforliquidity.Withoutit,tradingcostscanaddupfast.
SPDRETFs,includingSPYandDIA,trademorethanourtoptwocompetitorscombined.
SeehowliquidityaffectsyourETFownershipatspdrs.com/totalcost.
Ifyoujustfocuson
theExpenseRatio,
whatareyoumissing?
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 1.866.787.2257 or visit http://www.spdrs.com.
Read it carefully.