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 143 positions across 11 regions with €589,169 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 5.2 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 7.4 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio (TER): 1.3
Diversification (45%) 6.0 Holding Count: 4.6 · Country Concentration: 4.8 · Sector Concentration: 9.7
Liquidity (25%) 1.0 Assets Under Management

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

ISIN
Fund Size €589.2K
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%
 
Metric Value
TER 0.60%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.01%
3 Months +0.10%
6 Months +0.11%
1 Year +0.18%
3 Years
5 Years
10 Years
YTD +0.11%
Since Inception +0.18%

Holdings

4.6
With only 143 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
A
ASML Holding NV
8.06%
#2
B
Banco Bilbao Vizcaya Argentaria SA
3.44%
#3
E
Enel SpA
2.63%
#4
I
Intesa Sanpaolo SpA
2.61%
#5
D
Deutsche Telekom AG
2.48%
#6
T
TotalEnergies SE
2.44%
#7
N
Nordea Bank Abp
2.20%
#8
S
Siemens Energy AG
2.08%
#9
S
Societe Generale SA
2.01%
#10
S
Siemens AG
1.99%

Sectors

9.7
This fund is well-diversified across 11 sectors, with no single sector dominating.
 
Sector Weight
Financials 2681.00%
Industrials 1868.00%
Technology 1523.00%
Utilities 702.00%
Consumer Discretionary 674.00%
Health Care 654.00%
Energy 489.00%
Consumer Staples 484.00%
Communication Services 461.00%
Materials 311.00%
Real Estate 154.00%

Regions

4.8
This fund is concentrated in just 11 countries, with significant geographic concentration.
 
Country Weight
France 2446.00%
Germany 2190.00%
Netherlands 1789.00%
Italy 1054.00%
Spain 1039.00%
Belgium 456.00%
Finland 433.00%
Ireland 195.00%
United States 176.00%
Austria 129.00%
Portugal 94.00%

Nerd Stuff

Advanced risk and return metrics (2025-11-24 — 2026-06-30).
13.1%
Volatility
-10.4%
Max Drawdown
1.47
Sharpe Ratio
2.39
Sortino Ratio
1.86
Calmar Ratio
0.21
Beta
27.36%
Alpha (Jensen's)
0.032
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
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