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

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

About

State Street® SPDR® Bloomberg Euro Aggregate Bond UCITS ETF (Dist) (IE00B41RYL63) is a UCITS-compliant bond ETF tracking the Bloomberg Euro Aggregate Bond Index. With a TER of 0.17%, it is competitively priced, distributing dividends. The fund holds 2,746 positions across 55 regions with 591M in assets, with heavy concentration — 68% 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 7.1 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.7 Tracking Difference: 10.0 · TD Consistency: 7.6 · Expense Ratio (TER): 6.1
Diversification (45%) 6.0 Holding Count: 9.5 · Country Concentration: 5.3 · Sector Concentration: 3.7
Liquidity (25%) 7.3 Assets Under Management

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

ISIN
Fund Size €591.4M
Issuer SPDR
Distribution Pays Dividends
Replication
Inception May 2011
Base Currency EUR
Index Bloomberg Euro Aggregate Bond Index
Asset Class Bonds
Category Aggregate Bond

Costs

8.7
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 0.17%
Tracking Difference (avg) 0.02%
TD Consistency (std dev) 0.05%

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 +1.05%
3 Months -1.03%
6 Months +0.00%
1 Year +1.21%
3 Years +9.58%
5 Years -7.07%
10 Years +1.14%
YTD +0.87%
Since Inception +37.13%

Holdings

9.5
This fund spreads its investments across 2,746 individual holdings, providing broad diversification.
#1
F
French Republic Government Bond OAT
0.46%
#2
F
French Republic Government Bond OAT
0.43%
#3
F
French Republic Government Bond OAT
0.42%
#4
F
French Republic Government Bond OAT
0.42%
#5
F
French Republic Government Bond OAT
0.41%
#6
F
French Republic Government Bond OAT
0.41%
#7
F
French Republic Government Bond OAT
0.40%
#8
F
French Republic Government Bond OAT
0.40%
#9
F
French Republic Government Bond OAT
0.39%
#10
F
French Republic Government Bond OAT
0.38%

Sectors

3.7
This fund is concentrated in just a few of its 12 sectors, reducing diversification.
 
Sector Weight
Government Bonds 6832.00%
Corporate Bonds 2630.00%
Financials 292.00%
Unknown 172.00%
Utilities 35.00%
Industrials 20.00%
Consumer Discretionary 15.00%
Health Care 10.00%
Consumer Staples 9.00%
Energy 2.00%
Technology 2.00%
Materials 2.00%

Regions

5.3
This fund invests across 56 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
France 2019.00%
Germany 1774.00%
Italy 1319.00%
Spain 916.00%
SNAT 652.00%
Netherlands 647.00%
Belgium 372.00%
United States 344.00%
Austria 251.00%
Luxembourg 174.00%
United Kingdom 160.00%
Finland 153.00%
UNKNOWN 129.00%
Ireland 122.00%
Canada 115.00%
Portugal 107.00%
Sweden 70.00%
Greece 66.00%
Norway 60.00%
Australia 59.00%
XS 58.00%
Denmark 45.00%
Slovakia 45.00%
Japan 41.00%
Romania 39.00%
Poland 33.00%
Switzerland 24.00%
Slovenia 22.00%
Mexico 19.00%
Croatia 18.00%
New Zealand 15.00%
Bulgaria 14.00%
Hungary 13.00%
Lithuania 13.00%
Chile 10.00%
Cyprus 8.00%
Latvia 8.00%
Czechia 7.00%
Indonesia 7.00%
Estonia 5.00%
Iceland 5.00%
Jersey 5.00%
South Korea 5.00%
Saudi Arabia 5.00%
Singapore 5.00%
Israel 4.00%
Bermuda 3.00%
China 3.00%
Andorra 2.00%
Hong Kong SAR China 2.00%
Cayman Islands 2.00%
Malta 2.00%
Kazakhstan 1.00%
Liechtenstein 1.00%
Peru 1.00%
Philippines 1.00%

Nerd Stuff

Advanced risk and return metrics (2023-07-02 — 2026-06-30).
3.1%
Volatility
-4.7%
Max Drawdown
-0.50
Sharpe Ratio
-0.70
Sortino Ratio
-0.33
Calmar Ratio
0.01
Beta
-1.05%
Alpha (Jensen's)
0.001
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.

Broker Availability

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