SPDR S&P U.S. Materials Select Sector UCITS ETF
ISIN IE00BWBXM831 WKN A14QB4 Rating ★★★★☆
Replication
physical
Earnings
accumulating
Asset class
Equity
Region
North America
Country
US
Sector
Materials
TER
0.15 %
TD
-0.28 %
Currency
USD
Fund size
35 Mio EUR
Perf. 2023
12.10 %
"SPDR S&P U.S. Materials Select Sector UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the S&P Materials Select Sector Index. This index reflects the development of only 28 US American stocks and is therefore not very well diversified. The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company SPDR claims a total expense ratio (TER) of 0.15% per year. The yearly average divergence from the index performance (Tracking Difference) since 2016 was -0.28% per year. Therefore, the ETF was less expensive than the TER suggests and even exceeded the index performance.