# State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF Acc Ptg EUR (CDCE)

**Source:** https://fundology.uk/fund/cdce · ISIN IE00BKWQ0C77 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, CDCE (State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF Acc Ptg EUR, ISIN IE00BKWQ0C77) closed at £126.06 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 30/09/2026 its total return was −8.8%, or −28.7% after UK CPIH inflation.

## Summary

State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF Acc Ptg EUR is an exchange-traded fund (ETF) from SPDR, launched in 2014. It tracks the MSCI Europe Consumer Discretionary 20/35 Capped Index - EUR — large and medium-sized European companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.18% a year — about £18 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£126.06** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CDCE |
| ISIN | IE00BKWQ0C77 |
| Category | Single sectors |
| Type | ETF |
| Provider | SPDR |
| Tracks | MSCI Europe Consumer Discretionary 20/35 Capped Index - EUR |
| Income | Accumulating |
| Ongoing charge | 0.18% a year (£18 per £10,000) |
| Fund size | £80.9m |
| Launched | 2014 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -12.55% | -15.29% | income reinvested |
| 3 years | -7.32% | -16.37% | income reinvested |
| 5 years | -8.85% | -28.74% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF Acc Ptg EUR 0.18% a year, as of 01/10/2026: 95 of the 141 other single-sector funds charge more, 15 the same and 31 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI Europe Consumer Discretionary 20/35 Capped Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.18% to 0.18% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares MSCIEurope Consumer Discretionary Sector UCITS ETF AccumEUR | 0.18% | -13.5% | -7.3% | -10.8% |
| State Street SPDR MSCI Europe Consumer Discretionary UCITS ETF Acc Ptg EUR (this fund) | 0.18% | -12.5% | -7.3% | -8.8% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.18%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 30/09/2026):

| Holding | Weight |
|---|---|
| Compagnie Financiere Richemont | 14.04% |
| LVMH Moet Hennessy Louis Vuitton | 13.37% |
| Industria de Diseno Textil | 8.13% |
| Hermes International SCA | 6.34% |
| Compass Group | 6.10% |
| Prosus · Class N | 5.91% |
| Ferrari | 5.81% |
| Mercedes-Benz Group | 3.78% |
| adidas | 3.26% |
| Amadeus IT Group · Class A | 3.02% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By country

Added up from the holdings SPDR publishes, as of 30/09/2026.

| Country | Weight |
|---|---|
| France | 27.3% |
| Switzerland | 15.4% |
| Germany | 15.1% |
| United Kingdom | 13.4% |
| Spain | 11.2% |
| Italy | 8.3% |
| Netherlands | 5.9% |
| Sweden | 1.9% |
| Other countries | 1.6% |

All 34 holdings: https://fundology.uk/fund/cdce/holdings

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.