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

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

About

State Street® SPDR® Bloomberg Euro High Yield Bond UCITS ETF (Dist) (IE00B6YX5M31) 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, distributing dividends. The fund holds 517 positions across 21 regions with 521M in assets.

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%) 7.4 Tracking Difference: 10.0 · TD Consistency: 4.0 · Expense Ratio (TER): 2.8
Diversification (45%) 7.1 Holding Count: 6.7 · Country Concentration: 6.2 · Sector Concentration: 9.1
Liquidity (25%) 7.2 Assets Under Management

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

ISIN
Fund Size €521.2M
Issuer SPDR
Distribution Pays Dividends
Replication —
Inception Feb 2012
Base Currency EUR
Index Bloomberg Liquidity Screened Euro High Yield Bond Index
Asset Class Bonds
Category High Yield Bond

Costs

7.4
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%
 
Metric Value
TER 0.40%
Tracking Difference (avg) 0.21%
TD Consistency (std dev) 0.30%

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 +0.43%
6 Months -0.01%
1 Year +4.20%
3 Years +23.29%
5 Years +15.63%
10 Years +41.63%
YTD +1.29%
Since Inception +96.96%

Holdings

6.7
This fund holds 517 individual investments, offering moderate diversification compared to other ETFs.
#1
C
COREWEAVE INC RegS
0.65%
#2
V
VMED O2 UK FINANCING I PLC RegS
0.64%
#3
Z
ZF EUROPE FINANCE BV MTN RegS
0.55%
#4
C
CAB 7.75% Aug31
0.52%
#5
Z
ZEGONA FINANCE PLC RegS
0.48%
#6
I
IRON MOUNTAIN 4.75% Jan34
0.47%
#7
A
AMS OSRAM AG RegS
0.46%
#8
O
ORGANON & CO/ 2.875% Apr28
0.45%
#9
L
LOTTOMATICA GROUP SPA RegS
0.45%
#10
A
ALMAVIVA THE ITALIAN INNOVATION CO RegS
0.44%

Sectors

9.1
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Unknown 4431.00%
Consumer Discretionary 2463.00%
Materials 1122.00%
Industrials 1092.00%
Health Care 758.00%
Financials 635.00%
Technology 602.00%
Consumer Staples 403.00%
Utilities 346.00%
Corporate Bonds 144.00%
Energy 116.00%
Real Estate 48.00%

Regions

6.2
This fund invests across 22 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
France 2219.00%
United States 1433.00%
Italy 1311.00%
Germany 1110.00%
United Kingdom 932.00%
Luxembourg 696.00%
Netherlands 473.00%
Sweden 373.00%
Japan 315.00%
Spain 247.00%
Switzerland 156.00%
Greece 124.00%
UNKNOWN 113.00%
Austria 103.00%
Slovenia 102.00%
Ireland 77.00%
Finland 72.00%
Jersey 56.00%
Belgium 49.00%
Denmark 16.00%
Lithuania 14.00%
Canada 9.00%

Nerd Stuff

Advanced risk and return metrics (2023-07-02 — 2026-06-30).
3.5%
Volatility
-5.8%
Max Drawdown
-0.51
Sharpe Ratio
-0.55
Sortino Ratio
-0.31
Calmar Ratio
0.00
Beta
-1.39%
Alpha (Jensen's)
0.000
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
€5.90
Savings Plan
Free
Account
Free
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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