State Street Europe Small Cap Screened Equity Fund - UCITS ETF

State Street Europe Small Cap Screened Equity Fund - UCITS ETF

About

State Street Europe Small Cap Screened Equity Fund - UCITS ETF (LU3121015484) is a UCITS-compliant equity ETF tracking the MSCI Europe Small CapSM. With a TER of 0.85%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 204 positions across 16 regions with 4M 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%) 7.3 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio (TER): 1.0
Diversification (45%) 6.3 Holding Count: 5.2 · Country Concentration: 5.0 · Sector Concentration: 9.8
Liquidity (25%) 2.2 Assets Under Management

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

ISIN
Fund Size €4.0M
Issuer SPDR
Distribution Re-Invests Dividends
Replication
Inception Nov 2025
Base Currency EUR
Index MSCI Europe Small CapSM
Asset Class Equities
Category Factor Equity

Costs

7.3
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 0.85%

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 +0.07%
6 Months +0.08%
1 Year +0.16%
3 Years
5 Years
10 Years
YTD +0.08%
Since Inception +0.16%

Holdings

5.2
This fund holds 204 individual investments, offering moderate diversification compared to other ETFs.
#1
I
IG Group Holdings PLC
1.46%
#2
J
Jyske Bank A/S
1.38%
#3
B
Balfour Beatty PLC
1.36%
#4
P
Plus500 Ltd
1.30%
#5
M
Man Group PLC/Jersey
1.30%
#6
V
voestalpine AG
1.26%
#7
L
Loomis AB
1.24%
#8
T
Temenos AG
1.23%
#9
S
SBM Offshore NV
1.22%
#10
K
Koninklijke BAM Groep NV
1.22%

Sectors

9.8
This fund is well-diversified across 12 sectors, with no single sector dominating.
 
Sector Weight
Industrials 2506.00%
Financials 1700.00%
Consumer Discretionary 1217.00%
Real Estate 718.00%
Materials 654.00%
Health Care 619.00%
Technology 609.00%
Unknown 594.00%
Energy 534.00%
Utilities 369.00%
Communication Services 296.00%
Consumer Staples 184.00%

Regions

5.0
This fund invests across 17 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
United Kingdom 2726.00%
Sweden 1002.00%
France 925.00%
Germany 726.00%
Switzerland 719.00%
Italy 618.00%
UNKNOWN 595.00%
Norway 504.00%
Belgium 451.00%
Denmark 382.00%
Netherlands 379.00%
Austria 339.00%
Spain 205.00%
Ireland 121.00%
Finland 111.00%
Portugal 101.00%
United States 96.00%

Nerd Stuff

Advanced risk and return metrics (2025-11-24 — 2026-07-01).
11.6%
Volatility
-9.5%
Max Drawdown
1.32
Sharpe Ratio
2.12
Sortino Ratio
1.62
Calmar Ratio
0.13
Beta
22.61%
Alpha (Jensen's)
0.015
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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