Company:  SPDR S&P 500 ETF TRUST (SPY)
Form Type:  497
Filing Date:  1/31/2007 
CIK:  0000884394 
Address:  11 WALL STREET
PDR SERVICES LLC C/O NYSE EURONEXT 
City, State, Zip:  NEW YORK, New York 10005 
Telephone:  212-656-4440 
Fiscal Year:  09/30 
Last Trade
Last Trade: 
$165.31   		Change: 
-0.142 (-0.09%)  
Trade Time: 
May 24   		Market Cap: 
$141.79B
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  FORM 497
        ASSETS AND LIABILITIES
        OPERATING EXPENSES
      Risk Factors
        REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
        ASSETS AND LIABILITIES
        STATEMENT OF OPERATIONS
        STATEMENT OF CHANGES IN NET ASSETS
      Financial Highlights
        FINANCIAL HIGHLIGHTS TABLE
        Notes to Financial Statements
      Investment Risk
        FUND PERFORMANCE
        FUND PERFORMANCE
        PORTFOLIO OF INVESTMENTS
        PORTFOLIO OF INVESTMENTS
        PORTFOLIO OF INVESTMENTS
        PORTFOLIO OF INVESTMENTS
        PORTFOLIO OF INVESTMENTS
        PORTFOLIO OF INVESTMENTS
      EXPENSES OF THE TRUST
      CODE OF ETHICS
      Bid/Ask Price vs. Net Asset Value (NAV) as of 12/31/06*
        FUND PERFORMANCE
        FUND PERFORMANCE
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