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Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$43.42

$291 M

7.02%

$3.05

0.07%

Vitals

YTD Return

10.1%

1 yr return

13.5%

3 Yr Avg Return

4.1%

5 Yr Avg Return

8.2%

Net Assets

$291 M

Holdings in Top 10

19.9%

52 WEEK LOW AND HIGH

$43.0
$34.39
$44.24

Expenses

OPERATING FEES

Expense Ratio 0.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 7.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$43.42

$291 M

7.02%

$3.05

0.07%

SPEU - Profile

Distributions

  • YTD Total Return 10.1%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 8.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.68%
DIVIDENDS
  • Dividend Yield 7.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    SPDR® Portfolio Europe ETF
  • Fund Family Name
    State Street Global Advisors - advised funds
  • Inception Date
    Oct 21, 2002
  • Shares Outstanding
    5600370
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Feehily

Fund Description

In seeking to track the performance of the STOXX® Europe Total Market Index(the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (SSGA FM or the Adviser), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective. The Fund is classified as diversified under the Investment Company Act of 1940, as amended; however, the Fund may become non-diversified solely as a result of tracking the Index (e.g., changes in weightings of one or more component securities).  When the Fund is non-diversified, it may invest a relatively high percentage of its assets in a limited number of issuers.
Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). In seeking to track the Index, the
Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows.
The Index is a free-float market capitalization weighted index designed to provide a broad representation of publicly traded Western European companies. A company's free-float market capitalization is calculated by multiplying the number of shares readily available in the market by the price of such shares. The Index represents at least 95% of the free-float market capitalization of each of the following European countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The Index is reconstituted quarterly. As of November 30, 2023, a significant portion of the Fund comprised companies in the financial and industrial sectors, although this may change from time to time. As of November 30, 2023, a significant portion of the Fund comprised companies located in the United Kingdom and France, although this may change from time to time. As of November 30, 2023, the Index comprised 1,890 securities.
The Index is sponsored by STOXX (the Index Provider), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
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SPEU - Performance

Return Ranking - Trailing

Period SPEU Return Category Return Low Category Return High Rank in Category (%)
YTD 10.1% 2.7% 19.4% 44.83%
1 Yr 13.5% -1.1% 20.4% 42.53%
3 Yr 4.1%* -10.0% 9.7% 40.70%
5 Yr 8.2%* 1.8% 13.7% 41.67%
10 Yr 4.3%* 2.0% 8.8% 56.36%

* Annualized

Return Ranking - Calendar

Period SPEU Return Category Return Low Category Return High Rank in Category (%)
2023 16.2% 2.0% 24.1% 44.83%
2022 -18.6% -45.1% -3.8% 38.37%
2021 13.1% -8.7% 23.4% 54.12%
2020 3.4% -19.4% 44.5% 65.48%
2019 21.9% 7.4% 44.8% 39.76%

Total Return Ranking - Trailing

Period SPEU Return Category Return Low Category Return High Rank in Category (%)
YTD 10.1% 2.7% 19.4% 44.83%
1 Yr 13.5% -1.1% 20.4% 42.53%
3 Yr 4.1%* -10.0% 9.7% 40.70%
5 Yr 8.2%* 1.8% 13.7% 41.67%
10 Yr 4.3%* 2.0% 8.8% 56.36%

* Annualized

Total Return Ranking - Calendar

Period SPEU Return Category Return Low Category Return High Rank in Category (%)
2023 19.9% 3.7% 27.2% 35.63%
2022 -16.0% -45.1% -0.6% 37.21%
2021 16.2% -1.2% 24.7% 63.53%
2020 6.4% -19.4% 55.6% 61.90%
2019 26.1% 13.5% 46.3% 28.92%

SPEU - Holdings

Concentration Analysis

SPEU Category Low Category High SPEU % Rank
Net Assets 291 M 5.07 M 24.7 B 57.95%
Number of Holdings 1821 9 1821 1.15%
Net Assets in Top 10 55.4 M 1.37 M 4.91 B 68.97%
Weighting of Top 10 19.94% 7.7% 100.0% 89.66%

Top 10 Holdings

  1. Novo Nordisk A/S 3.23%
  2. ASML Holding NV 3.01%
  3. Nestle SA 2.22%
  4. State Street Navigator Securities Lending Government Money Market Portfolio 2.17%
  5. LVMH Moet Hennessy Louis Vuitton SE 1.81%
  6. SAP SE 1.65%
  7. AstraZeneca PLC 1.63%
  8. Novartis AG 1.55%
  9. Roche Holding AG 1.40%
  10. TotalEnergies SE 1.28%

Asset Allocation

Weighting Return Low Return High SPEU % Rank
Stocks
98.42% 0.00% 108.46% 43.68%
Cash
2.20% 0.00% 26.39% 39.08%
Preferred Stocks
0.70% 0.00% 6.11% 16.09%
Other
0.00% -12.19% 14.38% 40.23%
Convertible Bonds
0.00% 0.00% 0.81% 82.76%
Bonds
0.00% 0.00% 79.24% 82.76%

Stock Sector Breakdown

Weighting Return Low Return High SPEU % Rank
Financial Services
15.87% 0.00% 36.14% 40.00%
Industrials
14.95% 2.47% 34.57% 67.06%
Healthcare
14.89% 0.00% 28.53% 49.41%
Consumer Defense
11.67% 0.00% 23.04% 50.59%
Consumer Cyclical
9.54% 0.00% 37.84% 64.71%
Basic Materials
8.89% 0.00% 19.84% 31.76%
Technology
7.09% 0.00% 27.53% 47.06%
Energy
6.16% 0.00% 73.53% 51.76%
Communication Services
4.79% 0.00% 10.93% 74.12%
Utilities
4.00% 0.00% 15.55% 36.47%
Real Estate
2.15% 0.00% 12.81% 31.76%

Stock Geographic Breakdown

Weighting Return Low Return High SPEU % Rank
Non US
98.32% 0.00% 106.03% 24.14%
US
0.10% 0.00% 99.34% 66.67%

SPEU - Expenses

Operational Fees

SPEU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.07% 0.07% 3.85% 100.00%
Management Fee 0.07% 0.06% 1.19% 4.55%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.25% N/A

Sales Fees

SPEU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SPEU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPEU Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.00% 1.68% 184.00% 18.18%

SPEU - Distributions

Dividend Yield Analysis

SPEU Category Low Category High SPEU % Rank
Dividend Yield 7.02% 0.00% 6.89% 34.09%

Dividend Distribution Analysis

SPEU Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

SPEU Category Low Category High SPEU % Rank
Net Income Ratio 2.68% -1.72% 4.06% 16.09%

Capital Gain Distribution Analysis

SPEU Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

SPEU - Fund Manager Analysis

Managers

Michael Feehily


Start Date

Tenure

Tenure Rank

Jan 31, 2011

11.34

11.3%

Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.

Karl Schneider


Start Date

Tenure

Tenure Rank

Jan 31, 2015

7.33

7.3%

Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.

Mark Krivitsky


Start Date

Tenure

Tenure Rank

Jan 03, 2017

5.41

5.4%

Mr. Krivitsky is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the Global Equity Beta Solutions Group (GEBS) and Tax-Efficient Market Capture Group. He joined the firm in 1996. His previous experience at SSGA includes affiliation with the firm's U.S. Structured Products Operations Group. Mr. Krivitsky began his tenure at State Street Corporation in the Mutual Funds Division in 1992. He has been working in the investment management field since 1991. Mr. Krivitsky holds a Bachelor of Arts in Humanities/Social Sciences from the University of Massachusetts and a Master of Business Administration with a specialization in Finance from the Sawyer School of Management at Suffolk University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 24.59 7.25 0.64