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SPDR® Portfolio Europe ETF
ETF
SPEU
Payout Change
Pending
Price as of:
$40.4858
+0.08
+0.21%
primary theme
Europe Equity
SPEU (ETF)
SPDR® Portfolio Europe ETF
Payout Change
Pending
Price as of:
$40.4858
+0.08
+0.21%
primary theme
Europe Equity
SPEU (ETF)
SPDR® Portfolio Europe ETF
Payout Change
Pending
Price as of:
$40.4858
+0.08
+0.21%
primary theme
Europe Equity
Name
As of 04/19/2024Price
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
Vitals
YTD Return
0.8%
1 yr return
5.4%
3 Yr Avg Return
2.5%
5 Yr Avg Return
6.8%
Net Assets
$278 M
Holdings in Top 10
18.4%
52 WEEK LOW AND HIGH
$40.4
$34.39
$42.28
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 04/19/2024Price
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
SPEU - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.68%
- Dividend Yield 1.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSPDR® Portfolio Europe ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateOct 21, 2002
-
Shares Outstanding5600370
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael 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.
SPEU - Performance
Return Ranking - Trailing
| Period | SPEU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -7.0% | 8.5% | 64.04% |
| 1 Yr | 5.4% | -1.0% | 15.6% | 65.17% |
| 3 Yr | 2.5%* | -8.6% | 10.8% | 47.73% |
| 5 Yr | 6.8%* | 0.9% | 11.6% | 37.21% |
| 10 Yr | 3.6%* | 1.3% | 8.7% | 50.94% |
* Annualized
Return Ranking - Calendar
| Period | SPEU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.2% | 2.0% | 24.1% | 46.07% |
| 2022 | -18.6% | -45.1% | -3.8% | 37.50% |
| 2021 | 13.1% | -8.7% | 23.4% | 55.17% |
| 2020 | 3.4% | -19.4% | 44.5% | 66.28% |
| 2019 | 21.9% | 7.4% | 44.8% | 41.18% |
Total Return Ranking - Trailing
| Period | SPEU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -7.0% | 8.5% | 64.04% |
| 1 Yr | 5.4% | -1.0% | 15.6% | 65.17% |
| 3 Yr | 2.5%* | -8.6% | 10.8% | 47.73% |
| 5 Yr | 6.8%* | 0.9% | 11.6% | 37.21% |
| 10 Yr | 3.6%* | 1.3% | 8.7% | 50.94% |
* Annualized
Total Return Ranking - Calendar
| Period | SPEU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.9% | 3.7% | 27.2% | 37.08% |
| 2022 | -16.0% | -45.1% | -0.6% | 36.36% |
| 2021 | 16.2% | -1.2% | 24.7% | 64.37% |
| 2020 | 6.4% | -19.4% | 55.6% | 62.79% |
| 2019 | 26.1% | 13.5% | 46.4% | 30.59% |
SPEU - Holdings
Concentration Analysis
| SPEU | Category Low | Category High | SPEU % Rank | |
|---|---|---|---|---|
| Net Assets | 278 M | 5.07 M | 24.7 B | 56.67% |
| Number of Holdings | 1818 | 18 | 1818 | 1.12% |
| Net Assets in Top 10 | 43.8 M | 1.16 M | 4.83 B | 73.03% |
| Weighting of Top 10 | 18.39% | 7.7% | 113.1% | 95.51% |
Top 10 Holdings
- Novo Nordisk A/S 2.74%
- Nestle SA 2.52%
- ASML Holding NV 2.47%
- LVMH Moet Hennessy Louis Vuitton SE 1.71%
- AstraZeneca PLC 1.71%
- Novartis AG 1.68%
- Roche Holding AG 1.66%
- TotalEnergies SE 1.34%
- SAP SE 1.28%
- HSBC Holdings PLC 1.28%
Asset Allocation
| Weighting | Return Low | Return High | SPEU % Rank | |
|---|---|---|---|---|
| Stocks | 98.63% | 0.00% | 108.46% | 38.20% |
| Preferred Stocks | 0.70% | 0.00% | 3.48% | 22.47% |
| Cash | 0.68% | 0.20% | 35.91% | 82.02% |
| Other | 0.00% | -12.19% | 8.97% | 30.34% |
| Convertible Bonds | 0.00% | 0.00% | 0.81% | 91.01% |
| Bonds | 0.00% | 0.00% | 82.95% | 85.39% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SPEU % Rank | |
|---|---|---|---|---|
| Financial Services | 15.87% | 0.00% | 36.14% | 39.08% |
| Industrials | 14.95% | 2.47% | 34.57% | 67.82% |
| Healthcare | 14.89% | 0.00% | 28.53% | 50.57% |
| Consumer Defense | 11.67% | 0.00% | 23.04% | 49.43% |
| Consumer Cyclical | 9.54% | 0.00% | 37.84% | 63.22% |
| Basic Materials | 8.89% | 0.00% | 19.84% | 31.03% |
| Technology | 7.09% | 0.00% | 27.53% | 48.28% |
| Energy | 6.16% | 0.00% | 73.53% | 50.57% |
| Communication Services | 4.79% | 0.00% | 10.93% | 74.71% |
| Utilities | 4.00% | 0.00% | 15.55% | 35.63% |
| Real Estate | 2.15% | 0.00% | 12.81% | 31.03% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SPEU % Rank | |
|---|---|---|---|---|
| Non US | 98.53% | 0.00% | 106.03% | 20.22% |
| US | 0.10% | 0.00% | 102.68% | 74.16% |
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% | 4.44% |
| 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% | 17.65% |
SPEU - Distributions
Dividend Yield Analysis
| SPEU | Category Low | Category High | SPEU % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.46% | 0.00% | 7.11% | 33.33% |
Dividend Distribution Analysis
| SPEU | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Monthly | Annual |
Net Income Ratio Analysis
| SPEU | Category Low | Category High | SPEU % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.68% | -1.72% | 4.06% | 15.73% |
Capital Gain Distribution Analysis
| SPEU | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 21, 2024 | $0.179 | OrdinaryDividend |
| Dec 21, 2023 | $0.147 | OrdinaryDividend |
| Sep 21, 2023 | $0.171 | OrdinaryDividend |
| Jun 23, 2023 | $0.689 | OrdinaryDividend |
| Mar 23, 2023 | $0.167 | OrdinaryDividend |
| Dec 22, 2022 | $0.137 | OrdinaryDividend |
| Sep 22, 2022 | $0.149 | OrdinaryDividend |
| Jun 24, 2022 | $0.606 | OrdinaryDividend |
| Mar 24, 2022 | $0.175 | OrdinaryDividend |
| Dec 23, 2021 | $0.268 | OrdinaryDividend |
| Sep 23, 2021 | $0.202 | OrdinaryDividend |
| Jun 24, 2021 | $0.492 | OrdinaryDividend |
| Mar 25, 2021 | $0.174 | OrdinaryDividend |
| Dec 24, 2020 | $0.226 | OrdinaryDividend |
| Sep 24, 2020 | $0.174 | OrdinaryDividend |
| Jun 25, 2020 | $0.262 | OrdinaryDividend |
| Mar 26, 2020 | $0.203 | OrdinaryDividend |
| Dec 27, 2019 | $0.145 | OrdinaryDividend |
| Sep 26, 2019 | $0.129 | OrdinaryDividend |
| Jun 27, 2019 | $0.636 | OrdinaryDividend |
| Mar 21, 2019 | $0.253 | OrdinaryDividend |
| Dec 28, 2018 | $0.149 | OrdinaryDividend |
| Sep 27, 2018 | $0.167 | OrdinaryDividend |
| Jun 21, 2018 | $0.629 | OrdinaryDividend |
| Mar 22, 2018 | $0.249 | OrdinaryDividend |
| Dec 28, 2017 | $0.144 | OrdinaryDividend |
| Sep 27, 2017 | $0.032 | OrdinaryDividend |
| Jun 28, 2017 | $0.577 | OrdinaryDividend |
| Mar 29, 2017 | $0.259 | OrdinaryDividend |
| Dec 29, 2016 | $0.140 | OrdinaryDividend |
| Sep 28, 2016 | $0.133 | OrdinaryDividend |
| Jun 29, 2016 | $0.568 | OrdinaryDividend |
| Mar 31, 2016 | $0.253 | OrdinaryDividend |
| Dec 30, 2015 | $0.156 | OrdinaryDividend |
| Sep 30, 2015 | $0.147 | OrdinaryDividend |
| Jul 01, 2015 | $0.561 | OrdinaryDividend |
| Apr 01, 2015 | $0.289 | OrdinaryDividend |
| Jan 02, 2015 | $0.225 | OrdinaryDividend |
| Oct 01, 2014 | $0.149 | OrdinaryDividend |
| Jul 02, 2014 | $0.587 | OrdinaryDividend |
| Apr 02, 2014 | $1.063 | OrdinaryDividend |
| Jan 03, 2014 | $0.176 | OrdinaryDividend |
| Oct 02, 2013 | $0.169 | OrdinaryDividend |
| Jul 03, 2013 | $0.572 | OrdinaryDividend |
| Mar 27, 2013 | $0.288 | OrdinaryDividend |
| Jan 04, 2013 | $0.159 | OrdinaryDividend |
| Oct 03, 2012 | $0.159 | OrdinaryDividend |
| Jun 27, 2012 | $0.592 | OrdinaryDividend |
| Mar 28, 2012 | $0.295 | OrdinaryDividend |
| Dec 29, 2011 | $0.218 | OrdinaryDividend |
| Sep 28, 2011 | $0.130 | OrdinaryDividend |
| Jun 29, 2011 | $0.673 | OrdinaryDividend |
| Mar 30, 2011 | $0.390 | OrdinaryDividend |
| Dec 30, 2010 | $0.408 | OrdinaryDividend |
| Sep 29, 2010 | $0.119 | OrdinaryDividend |
| Jun 30, 2010 | $0.119 | OrdinaryDividend |
| Mar 31, 2010 | $0.246 | OrdinaryDividend |
| Dec 31, 2009 | $0.567 | OrdinaryDividend |
| Sep 30, 2009 | $0.136 | OrdinaryDividend |
| Jul 01, 2009 | $0.543 | OrdinaryDividend |
| Apr 01, 2009 | $0.052 | OrdinaryDividend |
| Jan 02, 2009 | $0.338 | OrdinaryDividend |
| Oct 01, 2008 | $0.199 | OrdinaryDividend |
| Jul 02, 2008 | $0.931 | OrdinaryDividend |
| Apr 02, 2008 | $0.359 | OrdinaryDividend |
| Oct 03, 2007 | $0.270 | OrdinaryDividend |
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 | 7.21 | 0.64 |
