Summary
State Street SPDR MSCI Europe Financials UCITS ETF is an ETF - a fund traded on an exchange like a stock - run by SPDR. Positions inside: 91. The ten largest make up 44% of the fund.
- Yearly costs
- 0.18%
- Fund size
- 801.0M €
- Positions
- 91
- Dividends
- Reinvested
- Running since
- 2001
What speaks for it
- Costs of 0.18% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last ten years: 13%.
- It has been running since 2001.
What to watch
- 98% of the fund is in one sector (Financials).
- It trades little: only about 352.9K € changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -5.9%
- 3 months
- -4.7%
- This year
- +10%
- 1 year
- +23%
- 3 years
- +128%
- 5 years
- +142%
- 10 years
- +226%
- Avg. market cap
- $95.4B
- P/E
- 10.8x
- Forward P/E
- 11.7x
- P/S
- 1.6x
- P/B
- 1.6x
- P/FCF
- 3.3x
- EV/EBITDA
- -
- Dividend yield
- 3.56%
- ROIC
- -
- ROE
- 17.4%
- Gross margin
- -
- Operating margin
- 30.1%
- Net margin
- 21.9%
- Payout ratio
- 38.5%
- Net debt/EBITDA
- -
- Beta
- 1.07
Weighted average of the 50 largest companies, which make up 72% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 HSBC Holdings Plc 9.5%
- 2 ALAllianz ALV.DE 5.6%
- 3 SABanco Santander, S.A. SAN.MC 5.6%
- 4 UBUBS Group AG UBSG.SW 4.4%
- 5 BBBanco Bilbao Vizcaya Argentaria, S.A. BBVA.MC 4.2%
- 6 ZUZurich Insurance Group AG ZURN.SW 3.4%
- 7 UCUniCredit S.p.A. UCG.MI 3.3%
- 8 ISIntesa Sanpaolo S.p.A. ISP.MI 2.8%
- 9 INING INGA.AS 2.8%
- 10 BNBNP Paribas SA BNP.PA 2.8%
Positions in the fund: 91. The ten largest make up 44% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 98%
- Technology 1.0%
- Industrials 0.5%
By country
- United Kingdom 23%
- Germany 13%
- Spain 12%
- Switzerland 12%
- Other countries 41%
By company size
- Large cap 100%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 76% of the fund.
Largest sector: Financials (98%). Largest country: United Kingdom (23%). Largest size group: Large cap (100%).
What does it cost me?
Cheap- A year from 10,000 €
- 18.00 €
- Over 20 years
- 895 €
From every 10,000 € invested the fund takes 18.00 € a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about 895 €.
How has it done?
Growing over the long run- A year on average, 10 years
- +13%
- Deepest drop
- -23%
- Yearly volatility
- 18%
Average yearly growth over the last ten years: 13%. Deepest drop in these years: 23% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- 352.9K €
- Shares a day
- 2.4K
On an average day about 352.9K € of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 10.8
- Average Bulios Score
- 66 out of 100
Weight by Bulios Fair Price
- Undervalued 65%
- Fairly valued 6.1%
- Overvalued 29%
On average the companies inside trade for 10.8 times their yearly profit. By Fair Price, 65% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 72% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SP SPYZ.DE State Street SPDR MSCI Europe Financials UCITS ETF | Ireland | 0.18% | $872.5M | +23% | Reinvests | 100% |
ST STZX.SW State Street SPDR MSCI Europe Financials UCITS ETF | Ireland | 0.18% | $865.9M | +22% | Reinvests | 100% |
EU EUFN iShares MSCI Europe Financials ETF | United States | 0.49% | $4.70B | +12% | Pays out | 99% |
ES ESIF.DE iShares MSCI Europe Financials Sector UCITS ETF | Ireland | 0.18% | $2.63B | +22% | Reinvests | 99% |
EX EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE) | Germany | 0.46% | $4.82B | +25% | Pays out | 58% |
SC SC0U.DE Invesco STOXX Europe 600 Optimised Banks UCITS ETF | Ireland | 0.20% | $574.0M | +28% | Reinvests | 57% |