State Street EMU Screened Equity Fund - UCITS ETF

State Street EMU Screened Equity Fund - UCITS ETF

About

State Street EMU Screened Equity Fund - UCITS ETF (LU3121015138) is a UCITS-compliant equity ETF tracking the MSCI EMU Index. With a TER of 0.6%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 137 positions across 11 regions with €559,063 in assets.

ISIN
Fund Size €559.1K
Issuer SPDR
Distribution Re-Invests Dividends
Replication —
Inception Nov 2025
Base Currency EUR
Index MSCI EMU Index
Asset Class Equities
Category Eurozone Equity

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%

Holdings

4.3
With only 151 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
ASML Holding NV
0.06%
#2
Deutsche Telekom AG
0.03%
#3
Banco Bilbao Vizcaya Argentaria SA
0.03%
#4
Enel SpA
0.03%
#5
UniCredit SpA
0.02%
#6
TotalEnergies SE
0.02%
#7
Nokia Oyj
0.02%
#8
Nordea Bank Abp
0.02%
#9
Engie SA
0.02%
#10
Anheuser-Busch InBev SA/NV
0.02%

Sectors

9.7
This fund is well-diversified across 11 sectors, with no single sector dominating.

Regions

4.8
This fund is concentrated in just 11 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2025-11-24 — 2026-04-16).
13.0%
Volatility
-10.4%
Max Drawdown
1.15
Sharpe Ratio
1.82
Sortino Ratio
1.44
Calmar Ratio
0.13
Beta
30.30%
Alpha (Jensen's)
0.011
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

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