Edgar Filing: SPDR GOLD TRUST

SPDR ETF Trading Report June 2018

Filed Pursuant To Rule 433

Registration No. 333-217785

July 10, 2018

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INVESTMENT PROFESSIONAL USE ONLY June 2018 SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 US Equities — Core SPY SPDR S&P 500® ETF 0.01 0.00 0.01 76,230,968 20,956,860,540 81,371,236 8,455 6,220 2,328,320 1,688,000 270 0.74 155,052,727 MDY SPDR S&P MidCap 400® ETF 0.06 0.02 0.06 1,008,063 363,294,128 986,444 753 836 271,419 293,498 120 0.86 1,706,855 SLY SPDR S&P 600 Small Cap ETF 0.22 0.22 0.30 51,447 4,632,609 31,537 2,065 1,964 202,019 243,909 169 1.07 36,596 DIA SPDR Dow Jones Industrial Average 0.02 0.01 0.03 4,753,317 1,177,407,770 4,524,332 2,441 1,883 606,688 463,921 197 0.81 4,962,674 ETF Trust SPTM SPDR Portfolio Total Stock Market ETF 0.01 0.03 0.01 798,030 27,590,321 728,994 53,667 45,555 1,850,971 1,541,836 452 0.74 82,528 SPSM SPDR Portfolio Small Cap ETF 0.02 0.05 0.02 310,388 10,182,693 317,041 3,628 10,093 118,824 312,252 324 0.92 42,537 SPLG SPDR Portfolio Large Cap ETF 0.01 0.04 0.01 495,065 16,016,462 424,843 54,824 44,816 1,774,051 1,425,972 385 0.73 97,047 SPMD SPDR Portfolio Mid Cap ETF 0.02 0.05 0.02 213,844 7,580,916 207,224 4,262 4,181 150,965 143,995 268 0.87 27,514 SPYX SPDR S&P 500 Fossil Fuel Reserves 0.10 0.15 0.10 7,439 497,480 10,433 787 1,002 52,606 65,499 122 0.61 4,891 Free ETF SHE SPDR SSGA Gender Diversity Index ETF 0.07 0.09 0.08 5,142 376,170 5,005 4,741 4,315 346,264 309,394 79 0.50 16,805 US Equities — Style SPYG SPDR Portfolio S&P 500 Growth ETF 0.01 0.03 0.01 460,448 16,474,338 795,871 4,540 4,421 162,356 153,530 248 0.88 89,162 SPYV SPDR Portfolio S&P 500 Value ETF 0.01 0.04 0.01 259,714 7,769,894 546,957 5,056 5,130 151,524 152,790 312 0.69 28,261 MDYG SPDR S&P 400 Mid Cap Growth ETF 0.07 0.07 0.11 63,192 4,856,196 48,021 1,073 882 86,916 112,817 127 0.90 14,126 MDYV SPDR S&P 400 Mid Cap Value ETF 0.06 0.08 0.08 36,094 2,315,156 33,987 978 851 64,706 75,128 131 0.83 22,214 SLYG SPDR S&P 600 Small Cap Growth ETF 0.12 0.09 0.21 111,464 10,054,737 78,075 703 650 76,383 125,013 122 1.07 67,263 SLYV SPDR S&P 600 Small Cap Value ETF 0.07 0.08 0.10 117,427 9,829,781 92,976 861 864 79,618 100,852 117 0.97 52,379 US Equities — Sector XLC Communication Services Select Sector 0.03 0.05 0.03 505,973 25,050,485 505,973 14,389 14,389 715,146 715,146 746 1.34 N/A SPDR Fund XLY Consumer Discretionary Select Sector 0.01 0.01 0.01 5,524,099 608,043,259 5,475,687 3,488 2,712 384,419 289,162 137 0.97 9,082,286 SPDR Fund

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SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 US Equities — Sector (cont’d) XLP Consumer Staples Select Sector 0.01 0.02 0.01 13,994,599 714,154,254 14,293,001 52,069 43,264 2,653,350 2,192,630 330 0.96 24,756,386 SPDR Fund XLE Energy Select Sector SPDR Fund 0.01 0.01 0.01 14,638,924 1,106,634,399 15,659,242 8,333 7,887 630,633 586,338 173 1.50 25,801,947 XLF Financial Select Sector SPDR Fund 0.01 0.04 0.01 60,764,043 1,661,626,627 55,922,530 424,876 376,999 11,627,030 10,398,858 796 1.26 56,885,816 XLV Health Care Select Sector SPDR Fund 0.01 0.01 0.01 7,618,878 643,327,653 8,231,655 6,867 5,167 579,951 429,883 162 0.92 17,911,399 XLI Industrial Select Sector SPDR Fund 0.01 0.01 0.01 11,736,484 864,543,160 12,765,554 9,183 7,301 682,230 542,412 195 1.03 34,240,481 XLB Materials Select Sector SPDR Fund 0.01 0.02 0.01 5,493,009 324,583,050 5,776,551 10,610 8,662 629,473 509,269 192 1.17 13,444,225 XLK Technology Select Sector SPDR Fund 0.01 0.01 0.01 13,809,346 980,370,509 13,609,614 18,326 14,545 1,304,914 1,006,843 241 1.11 29,583,309 XLU Utilities Select Sector SPDR Fund 0.01 0.02 0.01 17,064,542 853,963,696 14,659,924 27,794 22,835 1,388,166 1,146,044 266 1.34 48,856,089 XLRE Real Estate Select Sector SPDR Fund 0.01 0.03 0.01 2,822,172 90,337,454 2,846,565 48,193 42,456 1,541,167 1,329,987 378 1.08 2,007,434 US Equities — Industry (Modified Equal Weighted) KBE SPDR S&P Bank ETF 0.01 0.02 0.01 1,849,433 91,130,269 2,197,697 2,902 3,017 143,613 147,738 140 1.56 3,025,977 KCE SPDR S&P Capital Markets ETF 0.11 0.19 0.12 12,241 736,762 17,995 1,377 1,705 83,159 101,235 125 0.75 7,316 KIE SPDR S&P Insurance ETF 0.02 0.06 0.02 348,673 10,644,638 351,174 5,760 5,520 176,165 169,580 331 0.90 1,530,198 KRE SPDR S&P Regional Banking ETF 0.01 0.02 0.01 5,839,007 372,247,035 5,917,977 3,039 2,651 194,446 166,774 152 1.61 28,865,883 XBI SPDR S&P Biotech ETF 0.03 0.03 0.03 5,057,759 490,322,783 4,706,083 784 876 76,008 80,278 170 1.89 33,617,398 XNTK SPDR NYSE Technology ETF 0.10 0.11 0.10 23,109 2,202,543 22,376 403 503 38,563 46,039 117 1.21 6,804 XHB SPDR S&P Homebuilders ETF 0.01 0.03 0.01 3,262,615 131,704,764 3,006,087 7,711 5,859 310,872 234,285 193 1.39 12,891,291 XME SPDR S&P Metals & Mining ETF 0.01 0.03 0.01 2,190,904 80,833,469 2,313,991 3,913 3,728 145,327 136,247 174 1.82 7,093,535 XES SPDR S&P Oil & Gas Equipment & 0.01 0.07 0.01 853,071 14,365,590 842,710 7,640 7,984 128,363 134,446 266 2.35 1,117,151 Services ETF XITK SPDR FactSet Innovative Technology ETF 0.40 0.40 0.27 20,730 2,050,401 10,873 327 327 32,309 30,464 149 2.32 33,838 XOP SPDR S&P Oil & Gas Exploration & 0.01 0.02 0.01 17,204,613 722,060,676 19,648,900 8,992 10,553 377,035 424,419 204 2.44 75,019,278 Production ETF XPH SPDR S&P Pharmaceuticals ETF 0.03 0.07 0.04 65,079 2,827,183 72,976 1,576 2,030 68,532 84,704 189 1.43 716,496 XRT SPDR S&P Retail ETF 0.01 0.02 0.01 5,475,512 270,501,192 4,540,493 5,540 4,681 273,064 219,830 191 1.54 21,708,273 XSD SPDR S&P Semiconductor ETF 0.04 0.05 0.04 104,654 7,894,553 117,848 871 956 65,830 69,321 137 1.50 359,902 XHE SPDR S&P Health Care Equipment ETF 0.13 0.16 0.15 87,791 6,952,362 70,428 884 659 69,770 49,667 148 1.32 35,614 Source: NYSE, Nasdaq and BATS as of 06/30/2018. Past performance is not a guarantee of future results. State Street Global Advisors

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SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 US Equities — Industry (Modified Equal Weighted) (cont’d) XTL SPDR S&P Telecom ETF 0.24 0.33 0.19 7,916 575,964 21,160 782 524 57,075 37,581 78 1.14 6,928 XAR SPDR S&P Aerospace & Defense ETF 0.06 0.06 0.06 115,595 10,156,338 117,664 982 1,045 86,776 92,197 159 1.20 2,537,040 XHS SPDR S&P Health Care Services ETF 0.21 0.30 0.21 8,083 566,600 6,116 474 425 33,435 28,710 156 0.97 25,032 XSW SPDR S&P Software & Services ETF 0.23 0.28 0.23 10,000 833,654 9,350 2,665 3,125 221,323 248,067 112 1.18 15,851 XTH SPDR S&P Technology Hardware ETF 0.17 0.23 0.19 366 27,741 405 2,457 2,600 186,756 192,216 83 0.46 10 XTN SPDR S&P Transportation ETF 0.05 0.08 0.05 24,240 1,594,617 17,819 682 1,069 44,795 68,151 193 1.26 24,570 XWEB SPDR S&P Internet ETF 0.15 0.16 0.22 22,660 2,061,558 10,768 1,046 2,858 93,877 230,418 142 1.69 10,576 XKII SPDR Kensho Intelligent Structures ETF 0.09 0.32 0.09 3,700 109,070 3,156 9,072 9,525 268,590 280,482 377 1.09 430 XKST SPDR Kensho Smart Mobility ETF 0.09 0.28 0.08 2,330 72,493 2,407 6,335 7,380 196,858 224,329 191 0.86 5,401 XKFS SPDR Kensho Future Security ETF 0.10 0.31 0.10 4,578 151,763 3,982 5,463 5,863 184,252 192,041 219 0.61 8,988 Real Estate Equities RWR SPDR Dow Jones REIT ETF 0.03 0.03 0.03 172,517 15,927,358 177,271 1,126 1,118 103,887 99,364 149 1.02 79,151 RWO SPDR Dow Jones Global Real Estate ETF 0.04 0.09 0.04 666,199 31,642,671 338,624 840 711 40,123 33,496 502 0.72 38,473 RWX SPDR Dow Jones International Real 0.01 0.03 0.01 468,202 18,515,801 518,197 3,534 3,415 139,931 136,907 303 0.49 482,267 Estate ETF Global Equities DGT SPDR Global Dow ETF 0.46 0.55 0.47 2,328 196,501 1,842 506 489 42,381 41,166 124 0.41 621 GII SPDR S&P Global Infrastructure ETF 0.06 0.11 0.06 19,614 953,951 14,874 608 625 29,516 30,831 223 0.56 6,431 GNR SPDR S&P Global Natural Resources ETF 0.06 0.11 0.06 179,929 9,098,986 145,112 494 617 25,079 31,203 263 0.95 34,494 CWI SPDR MSCI ACWI ex-US ETF 0.02 0.05 0.02 190,830 7,197,425 154,037 4,555 8,189 172,200 318,332 359 0.64 19,713 ACIM SPDR MSCI ACWI IMI ETF 0.80 0.99 0.63 5,616 443,709 6,107 718 667 56,599 52,543 165 0.77 3,123 EFAX SPDR MSCI EAFE Fossil Fuel Reserves 0.23 0.33 0.24 6,661 471,599 3,429 1,329 1,269 93,668 91,387 328 0.37 2,002 Free ETF SPDW SPDR Portfolio World ex-US ETF 0.01 0.04 0.01 644,967 20,095,967 480,098 15,808 14,308 491,013 451,469 422 0.64 914,653 GWX SPDR S&P International Small Cap ETF 0.05 0.13 0.05 72,751 2,573,072 86,411 870 917 30,657 32,641 218 0.63 18,248 LOWC SPDR MSCI ACWI Low Carbon 0.30 0.31 0.24 5,125 461,910 5,877 239 254 21,553 22,923 205 0.41 244 Target ETF Source: NYSE, Nasdaq and BATS as of 06/30/2018. Past performance is not a guarantee of future results. State Street Global Advisors 3

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SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 International Developed Equities — Region/Country FEZ SPDR EURO STOXX 50 ETF 0.01 0.03 0.01 3,724,553 146,375,904 3,125,869 53,226 48,923 2,098,558 1,985,220 370 0.92 5,765,947 FEU SPDR STOXX Europe 50 ETF 0.05 0.15 0.06 37,668 1,277,839 29,360 711 759 24,277 26,507 303 0.68 2,100 SMEZ SPDR EURO STOXX Small Cap ETF 0.12 0.19 0.15 6,699 406,592 3,937 460 458 28,041 28,883 143 0.51 15,883 Emerging Market Equities SPEM SPDR Portfolio Emerging Markets ETF 0.02 0.06 0.02 492,501 17,991,156 379,401 1,116 932 40,819 34,968 258 0.95 45,048 GMF SPDR S&P Emerging Asia Pacific ETF 0.20 0.20 0.23 17,396 1,803,510 15,354 556 560 58,150 58,745 147 0.82 6,852 EEMX SPDR MSCI Emerging Markets 0.25 0.37 0.27 1,871 123,404 2,609 300 304 20,057 20,826 130 0.81 1,086 Fossil Fuel Reserves Free ETF EWX SPDR S&P Emerging Markets 0.05 0.10 0.05 56,897 2,823,442 54,242 622 642 30,625 32,510 186 0.76 64,038 Small Cap ETF GXC SPDR S&P China ETF 0.15 0.13 0.14 56,159 6,211,875 55,617 298 324 32,993 35,779 102 1.14 114,506 XINA SPDR MSCI China A Shares IMI ETF 0.09 0.43 0.10 4,434 92,054 3,260 273 282 5,737 6,274 262 0.41 198 Smart Beta — Income EDIV SPDR S&P Emerging Markets 0.07 0.23 0.08 77,073 2,433,142 67,776 659 525 20,584 17,303 239 1.17 21,197 Dividend ETF DWX SPDR S&P International Dividend ETF 0.03 0.07 0.03 321,067 12,640,800 163,880 1,142 828 44,143 32,571 863 0.52 7,802 SDY SPDR S&P Dividend ETF 0.03 0.03 0.03 347,351 32,326,097 407,361 1,358 1,959 126,514 180,050 169 0.61 402,594 WDIV SPDR S&P Global Dividend ETF 0.09 0.13 0.09 10,773 733,950 11,276 565 579 38,515 39,803 144 0.49 39,825 SPYD SPDR Portfolio S&P 500 High 0.01 0.04 0.01 115,871 4,295,968 146,162 3,744 3,836 138,899 139,801 191 0.62 25,759 Dividend ETF Smart Beta — Multi-Factor: Strategic FactorsSM QCAN SPDR MSCI Canada StrategicFactors ETF 0.05 0.09 0.05 1,360 79,954 1,248 1,026 1,014 60,585 59,774 127 0.26 473 QDEU SPDR MSCI Germany 0.06 0.09 0.06 1,265 76,030 967 997 993 60,334 62,350 131 0.49 776 StrategicFactors ETF QJPN SPDR MSCI Japan StrategicFactors ETF 0.24 0.30 0.23 802 63,586 1,043 511 493 40,524 39,363 105 0.18 4,592 QGBR SPDR MSCI United Kingdom 0.35 0.65 0.32 874 46,856 5,276 718 766 38,410 41,718 77 0.46 397 StrategicFactors ETF QEFA SPDR MSCI EAFE StrategicFactors ETF 0.11 0.17 0.16 14,728 936,263 13,623 872 871 55,492 56,422 133 0.54 16,474 Source: NYSE, Nasdaq and BATS as of 06/30/2018. Past performance is not a guarantee of future results. State Street Global Advisors 4

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SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 Smart Beta — Multi-Factor: Strategic FactorsSM (cont’d) QWLD SPDR MSCI World StrategicFactors ETF 0.18 0.24 0.18 2,743 205,059 1,906 945 957 71,478 72,103 139 0.36 257 QEMM SPDR MSCI Emerging Markets 0.50 0.81 0.47 32,243 1,908,877 14,291 533 492 32,805 31,102 345 1.28 13,542 StrategicFactors ETF QUS SPDR MSCI USA StrategicFactors ETF 0.18 0.23 0.15 8,736 680,502 5,702 383 357 30,095 27,657 203 0.65 7,562 Smart Beta — Single Factor SPYB SPDR S&P 500 Buyback ETF 0.22 0.33 0.17 1,181 75,344 1,759 4,112 5,217 263,854 327,623 83 0.78 2,981 VLU SPDR S&P 1500 Value Tilt ETF 0.46 0.45 0.38 1,858 193,042 1,135 2,425 2,475 250,277 251,527 86 0.31 4,802 MMTM SPDR S&P 1500 Momentum Tilt ETF 0.51 0.41 0.38 2,033 246,413 1,528 1,009 993 122,326 117,858 91 0.56 4,097 LGLV SPDR SSGA US Large Cap Low Volatility 0.50 0.55 0.42 5,456 496,061 4,203 500 407 45,528 36,719 127 0.64 18,243 Index ETF SMLV SPDR SSGA US Small Cap Low Volatility 0.22 0.23 0.23 9,475 904,441 8,223 1,327 1,404 126,880 129,229 130 0.65 468 Index ETF Smart Beta — Multi-Factor: Focus Factor ONEY SPDR Russell 1000 Yield Focus ETF 0.18 0.25 0.27 2,358 168,012 1,777 280 273 20,035 19,103 102 0.37 6,938 ONEO SPDR Russell 1000 Momentum Focus ETF 0.18 0.24 0.16 11,787 881,041 24,312 600 583 44,727 42,752 103 0.70 37,306 ONEV SPDR Russell 1000 Low Volatility 0.18 0.25 0.19 1,684 123,876 1,622 475 487 35,008 35,277 156 0.26 3,162 Focus ETF Smart Beta — Fixed Income DWFI SPDR Dorsey Wright Fixed Income 0.05 0.21 0.05 57,584 1,373,311 47,654 143 113 340,967 273,474 1,039 0.57 11,543 Allocation ETF CBND SPDR Bloomberg Barclays Issuer Scored 0.09 0.29 0.10 2,066 63,873 4,585 804 848 24,877 26,336 118 0.21 656 Corporate Bond ETF Fixed Income — US Government BIL SPDR Bloomberg Barclays 1–3 Month 0.01 0.01 0.01 717,016 65,607,646 1,093,441 3,497,832 3,039,442 320,083,229 278,126,449 658 0.01 528,491 T-Bill ETF ITE SPDR Bloomberg Barclays Intermediate 0.03 0.05 0.03 180,625 10,550,079 95,545 28,272 24,768 1,652,631 1,445,727 1,019 0.16 168,284 Term Treasury ETF SPTL SPDR Portfolio Long Term Treasury ETF 0.02 0.05 0.02 336,722 11,724,753 260,667 48,343 22,356 1,673,784 771,439 653 0.53 51,068 Source: NYSE, Nasdaq and BATS as of 06/30/2018. Past performance is not a guarantee of future results. State Street Global Advisors 5

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SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 Fixed Income — Hybrids CWB SPDR Bloomberg Barclays Convertible 0.01 0.02 0.01 876,237 47,319,170 1,142,782 2,371 2,125 128,399 112,442 188 0.83 1,205,830 Securities ETF PSK SPDR Wells Fargo Preferred Stock ETF 0.03 0.07 0.04 127,332 5,520,639 83,760 1,136 705 49,270 30,407 378 0.33 75,152 Fixed Income — Municipal SHM SPDR Nuveen Bloomberg Barclays Short 0.01 0.03 0.01 291,921 13,992,293 437,161 5,122 6,268 245,495 299,296 393 0.13 294,550 Term Municipal Bond ETF TFI SPDR Nuveen Bloomberg Barclays 0.02 0.03 0.02 316,083 15,162,501 513,958 1,897 2,409 90,991 115,255 74 0.17 416,581 Municipal Bond ETF HYMB SPDR Nuveen S&P High Yield Municipal 0.06 0.10 0.07 57,341 3,227,885 61,077 539 538 30,352 30,123 219 0.24 14,966 Bond ETF Fixed Income — International WIP SPDR Citi International Government 0.06 0.11 0.06 91,297 5,003,686 102,501 464 496 25,298 28,050 246 0.56 18,907 Inflation-Protected Bond ETF BWZ SPDR Bloomberg Barclays Short Term 0.08 0.26 0.10 250,672 7,912,939 112,821 1,611 978 50,721 31,151 524 0.56 115,592 International Treasury Bond ETF BWX SPDR Bloomberg Barclays International 0.01 0.04 0.01 479,628 13,380,470 992,558 3,295 2,759 91,690 78,178 299 0.38 32,835 Treasury Bond ETF IBND SPDR Bloomberg Barclays International 0.08 0.24 0.10 227,233 7,692,135 143,670 693 633 23,414 21,817 361 0.65 28,582 Corporate Bond ETF EBND SPDR Bloomberg Barclays Emerging 0.02 0.07 0.02 524,553 14,456,837 402,266 16,411 7,622 454,196 213,981 909 0.55 11,404 Markets Local Bond ETF Commodity GLD® SPDR Gold Trust 0.01 0.01 0.01 6,360,014 770,737,888 6,549,569 13,358 13,207 1,622,296 1,633,680 232 0.49 10,451,391 NANR SPDR S&P North American Natural 0.05 0.15 0.05 17,413 628,116 26,242 1,904 2,029 68,678 72,302 288 0.95 21,009 Resources ETF Asset Allocation RLY SPDR SSGA Multi-Asset Real Return ETF 0.09 0.34 0.09 39,494 1,054,343 26,778 6,538 5,652 175,140 151,218 550 0.69 273 INKM SPDR SSGA Income Allocation ETF 0.07 0.20 0.07 3,283 107,635 6,320 10,310 11,152 337,940 365,785 238 0.27 6 GAL SPDR SSGA Global Allocation ETF 0.14 0.37 0.14 17,140 657,682 15,242 8,407 7,956 322,248 304,593 245 0.67 20,014 Source: NYSE, Nasdaq and BATS as of 06/30/2018. Past performance is not a guarantee of future results. State Street Global Advisors 7

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SPDR® ETF Trading Report Consolidated Consolidated Avg. Quote Avg. Quote Spread ($) Avg. Daily Consolidated Avg. Daily Volume Size (Shares) Size ($) vs. Daily Short Spread Spread vs. 3 month Volume Average Daily (shares) vs. Avg. Quote vs. 3 month Avg. Quote 3 month Avg. Trade Volatility Interest as Ticker ETF Name ($) (%) trailing (shares) Volume ($) 3 month trailing Size (shares) trailing Size ($) trailing Size (%) of 06/15/2018 US Equities — Core/Style SYE SPDR MFS Systematic Core Equity ETF 0.28 0.37 0.22 2,572 197,299 5,794 436 440 33,494 33,219 97 0.58 4,873 SYG SPDR MFS Systematic Growth Equity ETF 0.29 0.35 0.26 1,926 158,738 2,720 267 288 22,094 23,244 103 0.55 374 SYV SPDR MFS Systematic Value Equity ETF 0.24 0.35 0.25 4,293 290,633 4,719 811 675 55,188 45,425 120 0.54 7,661 Fixed Income — Multi-Sector TOTL SPDR DoubleLine Total Return 0.02 0.04 0.02 228,425 10,837,755 257,404 5,848 6,584 277,356 312,403 343 0.19 34,720 Tactical ETF EMTL SPDR DoubleLine Emerging Markets 0.15 0.31 0.14 11,664 564,244 6,069 1,003 1,761 48,507 85,981 220 0.31 3,309 Fixed Income ETF STOT SPDR DoubleLine Short Duration Total 0.12 0.24 0.12 9,214 450,154 17,407 3,370 2,985 164,765 145,817 239 0.23 3,716 Return Tactical ETF ULST SPDR SSGA Ultra Short Term Bond ETF 0.03 0.08 0.03 23,327 939,805 13,468 1,658 3,066 66,773 123,416 490 0.10 4,111 Source: NYSE, Nasdaq and BATS as of 06/30/2018. Past performance is not a guarantee of future results. Prior to 10/16/2017, the SPDR Portfolio Total Stock Market ETF (SPTM) was known as the SPDR Russell 3000® ETF (THRK), the SPDR Portfolio Large Cap ETF (SPLG) was known as the SPDR Russell 1000® ETF (ONEK), the SPDR Portfolio Mid Cap ETF (SPMD) was known as the SPDR S&P 1000® ETF (SMD), the SPDR Portfolio Small Cap ETF (SPSM) was known as the SPDR Russell 2000® ETF (TWOK), the SPDR Portfolio S&P 500 Growth ETF (SPYG) was known as the SPDR S&P 500 Growth ETF (SPYG), the SPDR Portfolio S&P 500 Value ETF (SPYV) was known as the SPDR S&P 500 Value ETF (SPYV), the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) was known as the SPDR S&P 500 High Dividend ETF (SPYD), the SPDR Portfolio Developed World ex-US ETF (SPDW) was known as the SPDR S&P World ex-US ETF (GWL), the SPDR Portfolio Emerging Markets ETF (SPEM) was known as the SPDR S&P Emerging Markets ETF (GMM), the SPDR Portfolio Aggregate Bond ETF (SPAB) was known as the SPDR Bloomberg Barclays Aggregate Bond ETF (BNDS), the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) was known as the SPDR Bloomberg Barclays Short Term Corporate Bond ETF (SCPB), the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) was known as the SPDR Bloomberg Barclays Intermediate Term Corporate Bond ETF (ITR), the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) was known as the SPDR Bloomberg Barclays Long Term Corporate Bond ETF (LWC), the SPDR Portfolio Short Term Treasury ETF (SPTS) was known as the SPDR Bloomberg Barclays Short Term Treasury ETF (SST), and the SPDR Portfolio Long Term Treasury ETF (SPTL) was known as the SPDR Bloomberg Barclays Long Term Treasury ETF (TLO). State Street Global Advisors 8

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SPDR® ETF Trading Report ssga.com | spdrs.com State Street Global Advisors One Iron Street, Boston MA 02210. T: +1 866 787 2257. Important Risk Information ETFs trade like stocks, are subject to investment risk, 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. Commodities and commodity-index linked securities may be affected by changes in overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities. Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. Diversification does not ensure a profit or guarantee against loss. Investing in commodities entails significant risk and is not appropriate for all investors. Important Information Relating to SPDR Gold 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. Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (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. For more information, please contact the Marketing Agent for GLD: State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston MA 02210; T: +1 866 320 4053 spdrgoldshares.com. The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data. 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 licenzed for use in connection with the listing and trading of the SPDR Bloomberg Barclays ETFs. 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., member FINRA, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State 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 Nuveen Asset Management, LLC as the sub-advisor to certain of such funds. State Street Global Advisors Funds Distributors, LLC is not affiliated with Nuveen Asset Management, LLC. 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 866.787.2257 or visit spdrs.com. Read it carefully. State Street Global Advisors © 2018 State Street Corporation. All Rights Reserved. ID13498-2081238.6.1.NA.INST 0718 Exp. Date: 07/31/2019 SPD001675

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 Advisors Funds Distributors, LLC, One Lincoln Street, Attn: SPDR^® Gold Shares, 30th Floor, Boston, MA 02111.