# State Street SPDR S&P 500 UCITS ETF Hedged GBP (SPPG) **Page:** https://fundology.uk/fund/sppg · ISIN IE00BYYW2S15 ## 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 13/11/2026, SPPG (State Street SPDR S&P 500 UCITS ETF Hedged GBP, ISIN IE00BYYW2S15) closed at £8.36 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the year to 13/11/2026 its total return was +11.4%, or +7.5% after UK CPIH inflation. ## Summary State Street SPDR S&P 500 UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from SPDR, launched in 2025. It tracks the S&P 500 GBP Dynamic Hedged Index - GBP - Benchmark TR Net — about 500 of the largest companies listed in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.05% a year — about £5 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£8.36** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SPPG | | ISIN | IE00BYYW2S15 | | Category | US shares | | Type | ETF | | Provider | SPDR | | Tracks | S&P 500 GBP Dynamic Hedged Index - GBP - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.05% a year (£5 per £10,000) | | Fund size | £236m | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 26/08/2025 | ## Income and distributions > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 14/11/2026, the latest distribution of SPPG was £0.0182 per share: it went ex-dividend on 21/09/2026 and was paid on 29/09/2026. In the 12 months to 14/11/2026 SPPG declared 4 distributions, together £0.075 per share. Latest distributions of SPPG per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 21/09/2026 | 29/09/2026 | £0.0182 | | 22/06/2026 | 30/06/2026 | £0.02 | | 23/03/2026 | 31/03/2026 | £0.0186 | | 22/12/2025 | 31/12/2025 | £0.0182 | | 22/09/2025 | 30/09/2025 | £0.0034 | Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +11.43% | +7.48% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of State Street SPDR S&P 500 UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2026 to 13/11/2026 +9.8%. Returns of State Street SPDR S&P 500 UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +14.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +9.8% | +6.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 10.99% | -7.98% | ## Largest fall Volatility of State Street SPDR S&P 500 UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 11.0% over 1 year. Largest fall in the price of State Street SPDR S&P 500 UCITS ETF Hedged GBP since August 2025, in pounds: −8.0% from 16/01/2026 to 27/03/2026. On 13/11/2026 the price of State Street SPDR S&P 500 UCITS ETF Hedged GBP was 3.4% below its highest weekly close since August 2025 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of State Street SPDR S&P 500 UCITS ETF Hedged GBP 0.05% a year. Compared on 14/11/2026, 224 of the 254 other US share funds charge more, 16 the same and 14 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.05%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 05/11/2026, SPPG holds 505 positions, according to its published holdings. The largest is Apple at 7.92% of the fund; the ten largest make up 37.6%. ### Top holdings Largest positions (as of 05/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 7.92% | | 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 6.93% | | 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 6.28% | | 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 4.03% | | 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 2.62% | | 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.19% | | 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 2.11% | | 8 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 2.10% | | 9 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.72% | | 10 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 1.68% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 05/11/2026. | Sector | Weight | |---|---| | Information Technology | 35.5% | | Financials | 12.8% | | Health Care | 10.6% | | Consumer Discretionary | 9.5% | | Communication Services | 8.8% | | Industrials | 8.2% | | Consumer Staples | 5.2% | | Energy | 3.5% | | Other sectors | 5.9% | The 502 holdings on record (of 505 reported): https://fundology.uk/fund/sppg/holdings ## Questions people ask **What is the ongoing charge of SPPG?** The ongoing charge of SPPG is 0.05% a year — about £5 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of State Street SPDR S&P 500 UCITS ETF Hedged GBP 0.05% a year. Compared on 14/11/2026, 224 of the 254 other US share funds charge more, 16 the same and 14 less (share classes counted once). **What does SPPG track?** SPPG tracks the S&P 500 GBP Dynamic Hedged Index - GBP - Benchmark TR Net — about 500 of the largest companies listed in the US. **Is SPPG accumulating or distributing?** SPPG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **When does SPPG pay dividends?** SPPG pays its income out quarterly. In the 12 months to 14/11/2026 it went ex-dividend on 22/12/2025, 23/03/2026, 22/06/2026 and 21/09/2026. The latest distribution went ex-dividend on 21/09/2026 and was paid on 29/09/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change. **What is the ISIN of SPPG?** The ISIN of SPPG is IE00BYYW2S15. An ISIN identifies one exact share class of a fund; SPPG is its ticker on the London Stock Exchange. **What does SPPG hold?** As of 05/11/2026, SPPG holds 505 positions, according to its published holdings. The largest is Apple at 7.92% of the fund; the ten largest make up 37.6%. Its ten largest holdings are Apple (7.92%), NVIDIA (6.93%), Microsoft (6.28%), Amazon (4.03%), Alphabet · Class A (2.62%), Broadcom (2.19%), Alphabet · Class C (2.11%), Meta Platforms · Class A (2.10%), Eli Lilly (1.72%) and Berkshire Hathaway · Class B (1.68%). **What were SPPG’s returns in each of the last five years?** Calendar-year returns of SPPG in pounds (price only, income paid out not included): 2026 to 13/11/2026 +9.8%. Past performance is not a guide to future returns. **How has SPPG done after inflation?** Over the year to 13/11/2026 SPPG’s total return was +11.4%, or +7.5% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-sp-500-gbp-hdg-ucits-etf-dist-sppgx-i2) - [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BYYW2S15&documentType=kiid&country=uk&language=en_gb&ticker=sppgx-i2) - [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-sppgx-i2.pdf) - Links checked 12/10/2026. --- 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.