State Street Global Screened Enhanced Equity Fund - UCITS ETF

State Street Global Screened Enhanced Equity Fund - UCITS ETF

About

State Street Global Screened Enhanced Equity Fund - UCITS ETF (LU3121015641) is a UCITS-compliant equity ETF tracking the MSCI World Index. With a TER of 0.45%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 497 positions across 21 regions with €455,919 in assets, with heavy concentration — 71% in United States.

ISIN
Fund Size €455.9K
Issuer SPDR
Distribution Re-Invests Dividends
Replication —
Inception Nov 2025
Base Currency USD
Index MSCI World Index
Asset Class Equities
Category Global Equity

Costs

7.8
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%

Holdings

6.5
This fund holds 510 individual investments, offering moderate diversification compared to other ETFs.
#1
NVIDIA Corp
0.06%
#2
Apple Inc
0.04%
#3
Microsoft Corp
0.03%
#4
Amazon.com Inc
0.03%
#5
Alphabet Inc
0.02%
#6
Broadcom Inc
0.02%
#7
Alphabet Inc
0.02%
#8
Meta Platforms Inc
0.02%
#9
Tesla Inc
0.01%
#10
JPMorgan Chase & Co
0.01%

Sectors

9.8
This fund is well-diversified across 11 sectors, with no single sector dominating.

Regions

7.4
This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2025-11-24 — 2026-04-16).
10.0%
Volatility
-8.8%
Max Drawdown
0.87
Sharpe Ratio
1.39
Sortino Ratio
0.98
Calmar Ratio
0.39
Beta
10.29%
Alpha (Jensen's)
0.157
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

Similar ETFs

Other funds tracking Global Equity indices.
iShares Core MSCI World UCITS ETF
IE00B4L5Y983·TER 0.20%
8.8
Vanguard FTSE All-World UCITS ETF (USD) Accumulating
IE00BK5BQT80·TER 0.19%
9.2
iShares MSCI ACWI UCITS ETF
IE00B6R52259·TER 0.20%
7.9
Vanguard FTSE All-World UCITS ETF (USD) Distributing
IE00B3RBWM25·TER 0.19%
9.2
Xtrackers MSCI World UCITS ETF 1C
IE00BJ0KDQ92·TER 0.12%
8.9
State Street® SPDR® MSCI World UCITS ETF
IE00BFY0GT14·TER 0.12%
8.9
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