# State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR (ITEC) **Source:** https://fundology.uk/fund/itec · ISIN IE00BKWQ0K51 · 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, ITEC (State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR, ISIN IE00BKWQ0K51) closed at €211.43 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 +73.5%, or +35.6% after UK CPIH inflation. ## Summary State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR is an exchange-traded fund (ETF) from SPDR, launched in 2014. It tracks the MSCI Europe Information Technology 35/20 Capped Index - EUR - Benchmark TR Net — 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: **€211.43** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ITEC | | ISIN | IE00BKWQ0K51 | | Category | Technology | | Type | ETF | | Provider | SPDR | | Tracks | MSCI Europe Information Technology 35/20 Capped Index - EUR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.18% a year (£18 per £10,000) | | Fund size | £123m | | 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 | +48.08% | +43.43% | income reinvested | | 3 years | +101.26% | +81.61% | income reinvested | | 5 years | +73.48% | +35.61% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR in pounds (price, with income reinvested in the fund): 2022 −24.2%, 2023 +32.3%, 2024 +4.5%, 2025 +13.5%; 2026 to 30/09/2026 +42.0%. Returns of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +49.7%; to 30/09/2025: +6.2%; to 30/09/2024: +26.7%; to 30/09/2023: +20.4%; to 30/09/2022: −32.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -24.2% | -30.6% | Price | | 2023 | +32.3% | +27.0% | Price | | 2024 | +4.5% | +0.9% | Price | | 2025 | +13.5% | +9.6% | Price | | 2026 to 30/09/2026 | +42.0% | +38.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 24.20% | -15.22% | | 3 years | 23.82% | -21.81% | | 5 years | 25.31% | -36.28% | ## Largest fall Volatility of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR in pounds, annualised from weekly returns to 30/09/2026: 24.2% over 1 year, 23.8% over 3 years, 25.3% over 5 years. Largest fall in the price of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR since October 2021, in pounds: −36.3% from 05/11/2021 to 14/10/2022. The lowest 12-month return of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR in pounds (price, with income reinvested in the fund) since January 2021 was −33.1% (12 months to 23/09/2022); the highest was +66.5% (12 months to 19/06/2026). On 30/09/2026 the price of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR was 4.7% below its highest weekly close since October 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of State Street SPDR MSCI Europe Technology UCITS ETF Accum Ptg EUR 0.18% a year, as of 01/10/2026: 110 of the 118 other technology funds charge more, 2 the same and 6 less (share classes counted once). ## 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 | |---|---| | ASML | 35.95% | | SAP | 18.83% | | Infineon Technologies | 10.83% | | Nokia | 6.31% | | ASM International | 5.80% | | STMicroelectronics | 4.13% | | Telefonaktiebolaget LM Ericsson · Class B | 2.99% | | Hexagon · Class B | 2.52% | | Capgemini | 2.22% | | Halma | 2.11% | ## 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 | |---|---| | Netherlands | 43.6% | | Germany | 30.1% | | France | 8.3% | | Finland | 6.3% | | Sweden | 5.5% | | United Kingdom | 3.5% | | Switzerland | 1.8% | | Spain | 0.8% | All 16 holdings: https://fundology.uk/fund/itec/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.