State Street's Tokyo-listed SPDR S&P 500 ETF reported a published divergence rate of 0.00% between the daily move in its per-unit net asset value and the daily move in the S&P 500, according to a June 26 disclosure covering figures as of June 25. The filing put per-unit NAV at ¥118,601, or $732.92, and total net assets at ¥124.94tn. Units outstanding were 1,053,432,116.
| Metric | Value | As of |
|---|---|---|
| Units outstanding | 1,053,432,116 units | June 25, 2026 |
| Total net assets | ¥124.94tn | June 25, 2026 |
| Per-unit NAV | ¥118,601 ($732.92) | June 25, 2026 |
| FX rate used | ¥161.82 per US dollar | June 25, 2026 |
| Published divergence rate | 0.00% | June 25, 2026 |
For investors using the Tokyo listing as a local route into US equities, the disclosure is a practical check on alignment after yen translation. The manager's published numbers were calculated using MUFG Bank's June 25 middle rate of ¥161.82 to the dollar, and the reported divergence rate was 0.00% under that method.
The date point matters. The document itself is dated June 26, but the NAV, net-asset and unit figures are all stated as of June 25. That makes this a formal daily snapshot rather than a same-moment trading readout, useful for investors who want to see how the Tokyo-traded foreign ETF lined up with its benchmark once the currency conversion was applied.
There is also a small methodological catch, because ETF plumbing rarely resists adding one. The disclosure says the divergence formula adds the ETF's per-unit distribution only when the record date coincides with the ex-dividend date on the US exchange. Even so, the headline figure here is straightforward enough: a Tokyo-listed wrapper around the S&P 500, with assets of about ¥125tn, reported no published daily divergence from the index's move under the manager's stated calculation.