State Street® SPDR® MSCI Europe UCITS ETF

State Street® SPDR® MSCI Europe UCITS ETF

About

State Street® SPDR® MSCI Europe UCITS ETF (IE00BKWQ0Q14) is a UCITS-compliant equity ETF tracking the MSCI Europe Index. With a TER of 0.08%, it ranks among the lowest-cost options in its category, reinvesting dividends. The fund holds 397 positions across 16 regions with 392M in assets.

ISIN
Fund Size €392.3M
Issuer SPDR
Distribution Re-Invests Dividends
Replication —
Inception May 2001
Base Currency EUR
Index MSCI Europe Index
Asset Class Equities
Category European Equity

Costs

9.3
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%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

6.2
This fund holds 402 individual investments, offering moderate diversification compared to other ETFs.
#1
ASML Holding NV
0.04%
#2
AstraZeneca PLC
0.02%
#3
HSBC Holdings PLC
0.02%
#4
Novartis AG
0.02%
#5
Roche Holding AG
0.02%
#6
Shell PLC
0.02%
#7
Nestle SA
0.02%
#8
Siemens AG
0.02%
#9
SAP SE
0.01%
#10
Banco Santander SA
0.01%

Sectors

10.0
This fund is well-diversified across 11 sectors, with no single sector dominating.

Regions

5.0
This fund invests across 16 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-04-16).
8.7%
Volatility
-16.2%
Max Drawdown
0.49
Sharpe Ratio
0.67
Sortino Ratio
0.26
Calmar Ratio
0.05
Beta
10.48%
Alpha (Jensen's)
0.004
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

Broker Availability

Where you can buy this ETF.
flatex
Trade
Free
Savings Plan
Free
Account
Free
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
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Free
Savings Plan
Free
Account
Free

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iShares Core MSCI Europe UCITS ETF
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iShares STOXX Europe 600 UCITS ETF (DE)
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iShares MSCI Europe Screened UCITS ETF
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