State Street Europe Screened Enhanced Equity Fund - UCITS ETF

State Street Europe Screened Enhanced Equity Fund - UCITS ETF

About

State Street Europe Screened Enhanced Equity Fund - UCITS ETF (LU3121015567) is a UCITS-compliant equity ETF tracking the MSCI Europe Index. With a TER of 0.25%, it is moderately priced, reinvesting dividends. The fund holds 217 positions across 16 regions with €576,505 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 5.6 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.4 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio (TER): 4.6
Diversification (45%) 6.3 Holding Count: 5.3 · Country Concentration: 5.0 · Sector Concentration: 9.9
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 €576.5K
Issuer SPDR
Distribution Re-Invests Dividends
Replication
Inception Nov 2025
Base Currency EUR
Index MSCI Europe Index
Asset Class Equities
Category European Equity

Costs

8.4
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%
 
Metric Value
TER 0.25%

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 +0.02%
3 Months +0.08%
6 Months +0.10%
1 Year +0.15%
3 Years
5 Years
10 Years
YTD +0.10%
Since Inception +0.15%

Holdings

5.3
This fund holds 217 individual investments, offering moderate diversification compared to other ETFs.
#1
A
ASML Holding NV
5.02%
#2
H
HSBC Holdings PLC
2.53%
#3
R
Roche Holding AG
2.35%
#4
N
Novartis AG
2.33%
#5
A
AstraZeneca PLC
2.15%
#6
S
Siemens AG
1.76%
#7
N
Nestle SA
1.75%
#8
B
Banco Santander SA
1.73%
#9
S
Shell PLC
1.59%
#10
R
Rolls-Royce Holdings PLC
1.49%

Sectors

9.9
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Financials 2482.00%
Industrials 1905.00%
Health Care 1320.00%
Technology 971.00%
Consumer Staples 854.00%
Consumer Discretionary 629.00%
Materials 514.00%
Utilities 501.00%
Energy 444.00%
Communication Services 310.00%
Real Estate 68.00%
Unknown 4.00%

Regions

5.0
This fund invests across 16 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United Kingdom 2210.00%
France 1489.00%
Switzerland 1456.00%
Germany 1358.00%
Netherlands 919.00%
Spain 610.00%
Italy 513.00%
Sweden 476.00%
Denmark 257.00%
Finland 183.00%
Belgium 182.00%
Norway 102.00%
United States 102.00%
Ireland 71.00%
Austria 46.00%
Portugal 26.00%

Nerd Stuff

Advanced risk and return metrics (2025-11-24 — 2026-07-01).
11.2%
Volatility
-9.6%
Max Drawdown
1.34
Sharpe Ratio
2.15
Sortino Ratio
1.56
Calmar Ratio
0.15
Beta
21.48%
Alpha (Jensen's)
0.024
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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