ETF · SPDR
TELE State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR
ISIN IE00BKWQ0N82London Stock Exchange: TELEState Street Corp.
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE€79.51
on
- Ongoing charge
- 0.18% a year
- Fund size
- £60.1m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, TELE (State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR, ISIN IE00BKWQ0N82) closed at €79.51 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 13/11/2026 its total return was +31.2%, or +2.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +0.7%
- −2.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +32.2%
- +19.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +31.2%
- +2.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,312 on 13/11/2026 — about £1,024 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund): 2022 −6.4%, 2023 +12.2%, 2024 +11.2%, 2025 +10.8%; 2026 to 13/11/2026 +4.7%. Returns of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −9.1%; to 30/09/2025: +16.4%; to 30/09/2024: +18.4%; to 30/09/2023: +10.2%; to 30/09/2022: −10.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +4.7% | +1.4% | |
| to | +10.8% | +7.0% | |
| to | +11.2% | +7.4% | |
| +12.2% | +7.7% | ||
| −6.4% | −14.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −9.1% | −12.3% |
| from | +16.4% | +11.9% |
| from | +18.4% | +15.4% |
| from | +10.2% | +3.6% |
| from | −10.6% | −17.8% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
14.0%over 5 years
| 1 year | 15.5% |
|---|---|
| 3 years | 13.2% |
| 5 years | 14.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −16.2%
- From to
- Lowest 12-month return
- −10.6%
- 12 months to
- Highest 12-month return
- +28.7%
- 12 months to
- Below its highest weekly close since November 2021
- 5.2%
- High of , latest
In words: Volatility of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR in pounds, annualised from weekly returns to 13/11/2026: 15.5% over 1 year, 13.2% over 3 years, 14.0% over 5 years. Largest fall in the price of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR since November 2021, in pounds: −16.2% from 03/06/2022 to 14/10/2022. The lowest 12-month return of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR in pounds (price, with income reinvested in the fund) since January 2021 was −10.6% (12 months to 30/09/2022); the highest was +28.7% (12 months to 27/06/2025). On 13/11/2026 the price of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR was 5.2% below its highest weekly close since November 2021 (25/07/2025), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.18%
- a year
- On £10,000
- £18
- a year, roughly
- Over five years
- £90
- of £10,000, before growth
- 32 charge less
- 17 the same
- 115 charge more
Ongoing charge of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR 0.18% a year. Compared on 14/11/2026, 115 of the 164 other single-sector funds charge more, 17 the same and 32 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR is an exchange-traded fund (ETF) from SPDR, launched in 2014.
It tracks the MSCI Europe Communication Services 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.
Single sectors: Funds focused on one industry — banks, energy, defence, mining and so on.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- TELE
- ISIN
- IE00BKWQ0N82
- Also listed as
- SPYT (Xetra, euros)
- Provider
- SPDR
- Tracks
- MSCI Europe Communication Services 35/20 Capped Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.18% a year · about £18 on £10,000
- Fund size
- £60.1m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- EUR
- Category
- Single sectors
Price chart
Over the last year, the closing price went from €73.67 on 14/11/2025 to €79.51 on 13/11/2026 (+7.9%). The lowest close shown was €70.96 on 16/01/2026 and the highest €79.72 on 27/02/2026.
One close a week. Before 07/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 18
- on record
- Ten largest
- 83.3%
- of the whole fund
- Effective number of holdings
- 8.8
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 22.5%
- Deutsche Telekom
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Deutsche TelekomDTECommunication ServicesGermany | 22.53% |
| 2 | Spotify TechnologySPOTCommunication ServicesSweden | 18.99% |
| 3 | OrangeORACommunication ServicesFrance | 7.24% |
| 4 | Vodafone Group PublicVODCommunication ServicesUnited Kingdom | 6.48% |
| 5 | Publicis GroupePUBCommunication ServicesFrance | 6.08% |
| 6 | SwisscomSCMNCommunication ServicesSwitzerland | 5.27% |
| 7 | Universal Music GroupUMGCommunication ServicesNetherlands | 4.76% |
| 8 | Royal KPNKPNCommunication ServicesNetherlands | 4.32% |
| 9 | BT GroupBT.ACommunication ServicesUnited Kingdom | 4.04% |
| 10 | InformaINFCommunication ServicesUnited Kingdom | 3.55% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By country
- Sweden25.3%
- Germany22.5%
- United Kingdom14.7%
- France13.3%
- Netherlands9.1%
- Spain6.5%
- Switzerland5.3%
- Norway2.0%
- Other countries1.3%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 18 largest and what changed since .
More of the portfolio
The fund publishes 18 holdings; the ten largest make up 83.3% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 253 rolling 12-month returns since January 2021, and of 149 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (129 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of TELE?
The ongoing charge of TELE 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. Platform and dealing fees are charged separately. Ongoing charge of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI Europe Communication Services UCITS ETF Accum EUR 0.18% a year. Compared on 14/11/2026, 115 of the 164 other single-sector funds charge more, 17 the same and 32 less (share classes counted once).
What does TELE track?
TELE tracks the MSCI Europe Communication Services 35/20 Capped Index - EUR - Benchmark TR Net — large and medium-sized European companies.
Is TELE accumulating or distributing?
TELE is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of TELE?
The ISIN of TELE is IE00BKWQ0N82. An ISIN identifies one exact share class of a fund; TELE is its ticker on the London Stock Exchange. The same share class is also listed as SPYT (Xetra, euros).
What does TELE hold?
As of 05/11/2026, TELE holds 18 positions, according to its published holdings. The largest is Deutsche Telekom at 22.53% of the fund; the ten largest make up 83.3%. Its ten largest holdings are Deutsche Telekom (22.53%), Spotify Technology (18.99%), Orange (7.24%), Vodafone Group Public (6.48%), Publicis Groupe (6.08%), Swisscom (5.27%), Universal Music Group (4.76%), Royal KPN (4.32%), BT Group (4.04%) and Informa (3.55%).
What were TELE’s returns in each of the last five years?
Calendar-year returns of TELE in pounds (price, with income reinvested in the fund): 2022 −6.4%, 2023 +12.2%, 2024 +11.2%, 2025 +10.8%; 2026 to 13/11/2026 +4.7%. Past performance is not a guide to future returns.
How has TELE done after inflation?
Over the five years to 13/11/2026 TELE’s total return was +31.2%, or +2.4% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at State Street Global Advisors · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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