# State Street SPDR MSCI Europe UCITS ETF (ERO) **Source:** https://fundology.uk/fund/ero · ISIN IE00BKWQ0Q14 · 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, ERO (State Street SPDR MSCI Europe UCITS ETF, ISIN IE00BKWQ0Q14) closed at £345.80 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was +62.4%, or +27.0% after UK CPIH inflation. ## Summary State Street SPDR MSCI Europe UCITS ETF is an exchange-traded fund (ETF) from SPDR, launched in 2014. It tracks the MSCI Europe — 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 0.25% a year — about £25 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: **£345.80** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ERO | | ISIN | IE00BKWQ0Q14 | | Category | European shares | | Type | ETF | | Provider | SPDR | | Tracks | MSCI Europe | | Income | Accumulating | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £253m | | 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 | +15.75% | +12.12% | income reinvested | | 3 years | +51.23% | +36.46% | income reinvested | | 5 years | +62.43% | +26.98% | 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 UCITS ETF 0.25% a year, as of 01/10/2026: 86 of the 225 other European share funds charge more, 21 the same and 118 less (share classes counted once). ## Funds tracking the same index 18 funds track MSCI Europe, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.31% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Index Solutions - MSCI Europe UCITS ETF DR | 0.15% | +15.8% | +51.5% | +63.1% | | Amundi Index Solutions - MSCI Europe UCITS ETF DR | 0.20% | +15.8% | +51.5% | +63.1% | | Amundi MSCI Europe UCITS ETF Act -Acc- | 0.25% | +15.8% | +51.0% | +62.2% | | BNP PARIBAS EASY MSCI EUROPE ETF Capitalisation -UCITS ETF- | — | — | — | — | | Deka MSCI Europe UCITS ETF | 0.30% | +15.3% | +50.9% | +56.3% | | HSBC MSCI Europe UCITS ETF Accum EUR | 0.14% | +15.7% | +36.9% | — | | HSBC MSCI Europe UCITS ETF EUR | 0.14% | +15.7% | +51.5% | +63.2% | | Invesco MSCI Europe UCITS ETF | 0.19% | +15.7% | +47.4% | +60.5% | | iShares Core MSCI Europe UCITS ETF | 0.12% | +15.8% | +51.6% | +63.4% | | iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN | 0.17% | — | — | — | | iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.12% | +15.8% | +51.6% | +63.3% | | State Street SPDR MSCI Europe UCITS ETF (this fund) | 0.25% | +15.7% | +51.2% | +62.4% | | UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution | 0.10% | +15.9% | +51.8% | +63.2% | | UBS Core MSCI Europe UCITS ETF Capitalisation -USD- | — | — | — | — | | UBS Core MSCI Europe UCITS ETF Capitalisation A | 0.10% | +8.8% | — | — | | Xtrackers MSCI EUROPE UCITS ETF Capitalisation 1C | 0.13% | +15.7% | +51.3% | +63.3% | | Xtrackers MSCI EUROPE UCITS ETF Capitalisation 2C | 0.31% | +21.0% | +47.9% | +80.5% | | Xtrackers MSCI EUROPE UCITS ETF Distribution 1D | 0.13% | +15.3% | +51.1% | +63.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | ASML | 5.16% | | HSBC | 2.51% | | Roche | 2.25% | | Shell | 2.01% | | Novartis | 1.93% | | AstraZeneca | 1.81% | | Nestle | 1.72% | | Siemens | 1.67% | | SAP | 1.57% | | Banco Santander | 1.46% | ## 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 sector Added up from the holdings SPDR publishes, as of 30/09/2026. | Sector | Weight | |---|---| | Financials | 25.6% | | Industrials | 18.7% | | Health Care | 12.8% | | Information Technology | 9.4% | | Consumer Staples | 8.3% | | Consumer Discretionary | 6.0% | | Materials | 5.5% | | Energy | 5.4% | | Other sectors | 8.4% | ### By country Added up from the holdings SPDR publishes, as of 30/09/2026. | Country | Weight | |---|---| | United Kingdom | 22.6% | | France | 14.8% | | Switzerland | 14.2% | | Germany | 13.7% | | Netherlands | 9.1% | | Spain | 6.3% | | Sweden | 5.3% | | Italy | 5.2% | | Other countries | 8.7% | All 384 holdings: https://fundology.uk/fund/ero/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.