ETF Evaluator: State Street® SPDR® S&P 500® ESG ETF () Follow This ETF

State Street® SPDR® S&P 500® ESG ETF Overview

State Street® SPDR® S&P 500® ESG ETF (EFIV) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). State Street Investment Management launched the ETF in 2020.

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Scored & Screened Index that provides exposure to securities that meet certain sustainability criteria (criteria related to environmental, social and governance ("ESG") factors) while maintaining similar overall industry group weights as the S&P 500 Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.

About State Street® SPDR® S&P 500® ESG ETF (EFIV)

There are 3 members of the management team with an average tenure of 6.01 years: Emiliano Rabinovich (2020), Olga Winner (2020) and Karl Schneider (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P 500 Scored & Screened TR USD index with a weighting of 100%. State Street® SPDR® S&P 500® ESG ETF has 331 securities in its portfolio. The top 10 holdings constitute 40.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

State Street® SPDR® S&P 500® ESG ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. State Street® SPDR® S&P 500® ESG ETF has 0.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.4% There is 0.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). State Street® SPDR® S&P 500® ESG ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $998 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

EFIV Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The State Street® SPDR® S&P 500® ESG ETF expense ratio is low compared to funds in the Large Blend category. State Street® SPDR® S&P 500® ESG ETF has an expense ratio of 0.10%, which is 76% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. State Street® SPDR® S&P 500® ESG ETF has a portfolio turnover rate of 13%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.

Recently, in the month of July 2026, State Street® SPDR® S&P 500® ESG ETF returned -0.4%, which earned it a grade of D, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

State Street® SPDR® S&P 500® ESG ETF has a trailing yield of 0.96%, which is below the 1.16% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

State Street® SPDR® S&P 500® ESG ETF Grades

Year to date, the ETF has returned 10.4%, 0.9 percentage points better than the category, which translates into a grade of C. The fund has returned 22.1% over the past year (grade of A), 19.1% over the past three years (grade of B) and 13.6% per year over the past five years (grade of A).

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