State Street® SPDR® Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc)

State Street® SPDR® Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc)

About

State Street® SPDR® Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc) (IE00BK8JH525) is a UCITS-compliant bond ETF tracking the Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR. With a TER of 0.6%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 616 positions across 19 regions with 158M in assets, with heavy concentration — 64% in government bonds.

ISIN
Fund Size €157.9M
Issuer SPDR
Distribution Re-Invests Dividends
Replication —
Inception Nov 2019
Base Currency USD
Index Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR
Asset Class Bonds
Category Emerging Market Bond

Costs

6.2
This fund has moderate costs compared to similar ETFs.

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

6.9
This fund holds 620 individual investments, offering moderate diversification compared to other ETFs.
#1
Brazil Letras Do Tesouro Nacional
0.01%
#2
Brazil Notas Do Tesouro Nacional Serie
0.01%
#3
Republik Südafrika Staatsanleihe
0.01%
#4
Mexican Bonos
0.01%
#5
Mexican Bonos
0.01%
#6
Mexican Bonos
0.01%
#7
Brazil Letras do Tesouro Nacional
0.01%
#8
Brazil Notas Do Tesouro Nacional Serie
0.01%
#9
Brazil Letras Do Tesouro Nacional
0.01%
#10
Mexican Bonos
0.01%

Sectors

1.0
This fund is concentrated in just a few of its 3 sectors, reducing diversification.

Regions

5.4
This fund invests across 20 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-04-16).
4.5%
Volatility
-9.0%
Max Drawdown
-0.06
Sharpe Ratio
-0.09
Sortino Ratio
-0.03
Calmar Ratio
0.20
Beta
-4.46%
Alpha (Jensen's)
0.131
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.
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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