State Street® SPDR® Bloomberg Euro High Yield Bond UCITS ETF (Acc)

State Street® SPDR® Bloomberg Euro High Yield Bond UCITS ETF (Acc)

About

State Street® SPDR® Bloomberg Euro High Yield Bond UCITS ETF (Acc) (IE0002OP0LA0) is a UCITS-compliant bond ETF tracking the Bloomberg Liquidity Screened Euro High Yield Bond Index. With a TER of 0.4%, it is moderately priced, reinvesting dividends. The fund holds 521 positions across 20 regions with 55M in assets.

ISIN
Fund Size €54.5M
Issuer SPDR
Distribution Re-Invests Dividends
Replication —
Inception Dec 2024
Base Currency EUR
Index Bloomberg Liquidity Screened Euro High Yield Bond Index
Asset Class Bonds
Category High Yield Bond

Costs

7.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

6.6
This fund holds 506 individual investments, offering moderate diversification compared to other ETFs.
#1
VMED O2 UK FINANCING I PLC RegS
0.01%
#2
ZF EUROPE FINANCE BV MTN RegS
0.01%
#3
FIBERCOP SPA RegS
0.01%
#4
CARNIVAL PLC RegS
0.01%
#5
GRIFOLS SA RegS
0.01%
#6
IRON MOUNTAIN 4.75% Jan34
0.00%
#7
ZEGONA FINANCE PLC RegS
0.00%
#8
ALMAVIVA THE ITALIAN INNOVATION CO RegS
0.00%
#9
VALEO SE 5.125% May31
0.00%
#10
ORGANON & CO/ 2.875% Apr28
0.00%

Sectors

8.9
This fund is well-diversified across 12 sectors, with no single sector dominating.

Regions

6.1
This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2024-12-15 — 2026-04-16).
2.2%
Volatility
-3.8%
Max Drawdown
-0.15
Sharpe Ratio
-0.21
Sortino Ratio
-0.09
Calmar Ratio
0.01
Beta
1.53%
Alpha (Jensen's)
0.001
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

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