State Street® SPDR® Bloomberg UK Gilt UCITS ETF (Dist)

State Street® SPDR® Bloomberg UK Gilt UCITS ETF (Dist)

About

State Street® SPDR® Bloomberg UK Gilt UCITS ETF (Dist) (IE00B3W74078) is a UCITS-compliant bond ETF tracking the Bloomberg UK Gilt Bond Index. With a TER of 0.15%, it is competitively priced, distributing dividends. The fund holds 69 positions across 1 region with 1.1B in assets, with heavy concentration — 100% in United Kingdom, 100% in government 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 5.4 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.1 Tracking Difference: 10.0 · TD Consistency: 9.0 · Expense Ratio (TER): 6.5
Diversification (45%) 1.6 Holding Count: 3.4 · Country Concentration: 1.0 · Sector Concentration: 1.0
Liquidity (25%) 7.9 Assets Under Management

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

ISIN
Fund Size £1.1B
Issuer SPDR
Distribution Pays Dividends
Replication —
Inception May 2012
Base Currency GBP
Index Bloomberg UK Gilt Bond Index
Asset Class Bonds
Category Uk Gilt

Costs

9.1
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 0.15%
Tracking Difference (avg) 0.03%
TD Consistency (std dev) 0.02%

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 +1.96%
3 Months -2.93%
6 Months -0.02%
1 Year +3.46%
3 Years +7.49%
5 Years -21.25%
10 Years -7.82%
YTD -0.64%
Since Inception +9.88%

Holdings

3.4
With only 69 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
U
United Kingdom Gilt
2.94%
#2
U
United Kingdom Gilt
2.83%
#3
U
United Kingdom Gilt
2.55%
#4
U
United Kingdom Gilt
2.39%
#5
U
United Kingdom Gilt
2.38%
#6
U
United Kingdom Gilt
2.37%
#7
U
United Kingdom Gilt
2.37%
#8
U
United Kingdom Gilt
2.26%
#9
U
United Kingdom Gilt
2.25%
#10
U
United Kingdom Gilt
2.24%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.
 
Sector Weight
Government Bonds 9996.00%
Unknown 4.00%

Regions

1.0
This fund is concentrated in just 2 countries, with significant geographic concentration.
 
Country Weight
United Kingdom 9996.00%
UNKNOWN 4.00%

Nerd Stuff

Advanced risk and return metrics (2023-07-02 — 2026-06-30).
5.4%
Volatility
-11.3%
Max Drawdown
-0.44
Sharpe Ratio
-0.60
Sortino Ratio
-0.21
Calmar Ratio
0.04
Beta
-3.36%
Alpha (Jensen's)
0.007
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.
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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Compare State Street® SPDR® Bloomberg UK Gilt UCITS ETF (Dist) vs iShares Core UK Gilts UCITS ETF Compare State Street® SPDR® Bloomberg UK Gilt UCITS ETF (Dist) vs Amundi Core UK Government Bond UCITS ETF Dist Compare State Street® SPDR® Bloomberg UK Gilt UCITS ETF (Dist) vs iShares Core UK Gilts UCITS ETF
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