State Street® SPDR® Bloomberg Euro Corporate Bond UCITS ETF (Dist)

State Street® SPDR® Bloomberg Euro Corporate Bond UCITS ETF (Dist)

About

State Street® SPDR® Bloomberg Euro Corporate Bond UCITS ETF (Dist) (IE00B3T9LM79) is a UCITS-compliant bond ETF tracking the Bloomberg Euro Corporate Bond Index. With a TER of 0.12%, it is competitively priced, distributing dividends. The fund holds 3,144 positions across 40 regions with 739M in assets, with heavy concentration — 93% in corporate bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
Component Score Details
Overall 7.2 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.5 Tracking Difference: 10.0 · TD Consistency: 5.1 · Expense Ratio (TER): 7.4
Diversification (45%) 6.1 Holding Count: 9.7 · Country Concentration: 6.6 · Sector Concentration: 1.6
Liquidity (25%) 7.5 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

ISIN
Fund Size €739.0M
Issuer SPDR
Distribution Pays Dividends
Replication
Inception May 2011
Base Currency EUR
Index Bloomberg Euro Corporate Bond Index
Asset Class Bonds

Costs

8.5
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%
 
Metric Value
TER 0.12%
Tracking Difference (avg) 0.04%
TD Consistency (std dev) 0.17%

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%
 
Period Cumulative Return
1 Month +0.94%
3 Months -0.41%
6 Months +0.00%
1 Year +2.43%
3 Years +14.87%
5 Years +1.15%
10 Years +12.69%
YTD +0.88%
Since Inception +45.08%

Holdings

9.7
This fund spreads its investments across 3,144 individual holdings, providing broad diversification.
#1
C
Cash_EUR
0.12%
#2
J
JPMorgan Chase & Co
0.11%
#3
A
Amazon.com Inc
0.11%
#4
J
JPMorgan Chase & Co
0.11%
#5
B
Banco Santander SA
0.10%
#6
U
UBS Group AG
0.10%
#7
M
Morgan Stanley
0.10%
#8
B
BPCE SA
0.10%
#9
B
Bayer AG
0.10%
#10
B
Barclays PLC
0.10%

Sectors

1.6
This fund is concentrated in just a few of its 11 sectors, reducing diversification.
 
Sector Weight
Corporate Bonds 9340.00%
Financials 270.00%
Unknown 133.00%
Utilities 79.00%
Consumer Discretionary 67.00%
Consumer Staples 51.00%
Industrials 44.00%
Health Care 34.00%
Materials 17.00%
Technology 14.00%
Energy 12.00%

Regions

6.6
This fund invests across 41 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
France 1850.00%
United States 1678.00%
Netherlands 1431.00%
Germany 878.00%
United Kingdom 737.00%
Spain 575.00%
Italy 501.00%
Luxembourg 343.00%
Ireland 245.00%
Sweden 238.00%
Belgium 204.00%
Japan 190.00%
Australia 159.00%
Denmark 151.00%
Austria 128.00%
Finland 126.00%
Canada 111.00%
Switzerland 102.00%
Norway 77.00%
Greece 61.00%
Poland 30.00%
Czechia 27.00%
New Zealand 25.00%
Portugal 22.00%
Jersey 19.00%
UNKNOWN 12.00%
Cayman Islands 10.00%
Hungary 8.00%
Bermuda 7.00%
Cyprus 7.00%
Croatia 7.00%
South Korea 7.00%
Singapore 7.00%
Iceland 6.00%
Liechtenstein 5.00%
Estonia 3.00%
Guernsey 3.00%
Hong Kong SAR China 3.00%
Romania 3.00%
Slovenia 3.00%
Slovakia 1.00%

Nerd Stuff

Advanced risk and return metrics (2023-07-02 — 2026-06-30).
2.7%
Volatility
-4.1%
Max Drawdown
-0.50
Sharpe Ratio
-0.64
Sortino Ratio
-0.33
Calmar Ratio
0.01
Beta
-0.56%
Alpha (Jensen's)
0.001
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.

Broker Availability

Where you can buy this ETF.
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