ETF · SPDR
UKCO State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP
ISIN IE00B4694Z11London Stock Exchange: UKCOState Street Corp.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£49.85
on
- Ongoing charge
- 0.20% a year
- Fund size
- £91.2m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, UKCO (State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP, ISIN IE00B4694Z11) closed at £49.85 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was −5.1%, or −26.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +0.3%
- −3.2% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +14.4%
- +3.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −5.1%
- −26.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £949 on 13/11/2026 — about £740 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 State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP in pounds (price only, income paid out not included): 2022 −21.2%, 2023 +5.1%, 2024 −2.2%, 2025 +1.8%; 2026 to 13/11/2026 −4.9%. Returns of State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −3.7%; to 30/09/2025: −0.5%; to 30/09/2024: +6.6%; to 30/09/2023: +3.4%; to 30/09/2022: −26.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −4.9% | −7.9% | |
| to | +1.8% | −1.7% | |
| to | −2.2% | −5.5% | |
| +5.1% | +1.0% | ||
| −21.2% | −27.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −3.7% | −7.1% |
| from | −0.5% | −4.3% |
| from | +6.6% | +3.9% |
| from | +3.4% | −2.8% |
| from | −26.0% | −32.0% |
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)
8.0%over 5 years
| 1 year | 5.7% |
|---|---|
| 3 years | 5.7% |
| 5 years | 8.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −30.2%
- From to
- Lowest 12-month return
- −28.3%
- 12 months to
- Highest 12-month return
- +8.7%
- 12 months to
- Below its highest weekly close since November 2021
- 22.7%
- High of , latest
In words: Volatility of State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 5.7% over 1 year, 5.7% over 3 years, 8.0% over 5 years. Largest fall in the price of State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP since November 2021, in pounds: −30.2% from 10/12/2021 to 14/10/2022. The lowest 12-month return of State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP in pounds (price only, income paid out not included) since January 2021 was −28.3% (12 months to 14/10/2022); the highest was +8.7% (12 months to 18/10/2024). On 13/11/2026 the price of State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP was 22.7% below its highest weekly close since November 2021 (10/12/2021), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 167 charge less
- 35 the same
- 225 charge more
Ongoing charge of State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP 0.20% a year. Compared on 14/11/2026, 225 of the 427 other corporate and other bond funds charge more, 35 the same and 167 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
State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBP is an exchange-traded fund (ETF) from SPDR, launched in 2012.
It tracks the Bloomberg Sterling Corporate Bond Index - GBP.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.2% a year — about £20 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.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- UKCO
- ISIN
- IE00B4694Z11
- Also listed as
- SYBS (Xetra, euros)
- Provider
- SPDR
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £91.2m
- 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
- Pounds (GBP)
- Category
- Corporate & other bonds
Income and distributions
As of , the latest distribution of UKCO was £1.2273 per share: it went ex-dividend on and was paid on . In the 12 months to UKCO declared 2 distributions, together £2.4205 per share.
- Latest distribution
- £1.2273
- per share, ex-dividend
- 12 months to
- £2.4205
- per share, from 2 distributions
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| £1.2273 | ||
| £1.1932 | ||
| £1.1715 | ||
| £1.1341 | ||
| £1.0778 | ||
| £1.0358 | ||
| £0.9422 | ||
| £0.7962 |
Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 27 distributions are on record since .
As of
Price chart
Over the last year, the closing price went from £51.64 on 14/11/2025 to £49.85 on 13/11/2026 (−3.5%). The lowest close shown was £49.32 on 09/10/2026 and the highest £52.99 on 16/01/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
261 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
- 692
- 693 reported in all
- Ten largest
- 4.7%
- of the whole fund
- Effective number of holdings
- 538
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.8%
- Goldman Sachs Group Inc 3.625 10/29/2029
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Goldman Sachs Group Inc 3.625 10/29/2029United States | 0.84% |
| 2 | AT&T Inc 4.875 06/01/2044United States | 0.52% |
| 3 | E.On Intl Finance BV 6.375 06/07/2032Netherlands | 0.46% |
| 4 | BNP Paribas 6 08/18/2029France | 0.45% |
| 5 | Credit Agricole SA 5.5 07/31/2032France | 0.43% |
| 6 | Vodafone Group Plc 6.375 07/03/2050United Kingdom | 0.42% |
| 7 | Nat Grid Electy Sw 2.375 05/16/2029United Kingdom | 0.41% |
| 8 | Pfizer Inc 6.5 06/03/2038United States | 0.41% |
| 9 | AT&T Inc 7 04/30/2040United States | 0.40% |
| 10 | Bank of America Corp 7 07/31/2028United States | 0.40% |
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
- United Kingdom50.0%
- United States19.8%
- France7.3%
- Netherlands6.7%
- Jersey2.4%
- Canada1.7%
- Spain1.7%
- Australia1.6%
- Other countries8.8%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 693 holdings; the ten largest make up 4.7% of it.
Create a free account to see the full holdings list
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
Funds tracking the same index
2 funds track Bloomberg Sterling Corporate Bond Index - GBP, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.42% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core Gbp Corporate Bond UCITS ETF DistributionDistributing · 0.42% a year | 0.42% | Not reported | Not reported | Not reported |
| State Street SPDR Bloomberg Sterling Corporate Bond UCITS ETF GBPThis fundDistributing · 0.20% a year | 0.20% | +0.3% | +14.4% | −5.1% |
As of
Bloomberg Sterling Corporate Bond funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
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 largest fall since November 2021, in pounds, with how many weeks it 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 UK Gilts UCITS ETF, over the three years to 13/11/2026 (154 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 UKCO?
The ongoing charge of UKCO is 0.20% a year — about £20 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 Bloomberg Sterling Corporate Bond UCITS ETF GBP 0.20% a year. Compared on 14/11/2026, 225 of the 427 other corporate and other bond funds charge more, 35 the same and 167 less (share classes counted once).
What does UKCO track?
UKCO tracks the Bloomberg Sterling Corporate Bond Index - GBP.
Is UKCO accumulating or distributing?
UKCO is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
When does UKCO pay dividends?
UKCO pays its income out twice a year. In the 12 months to 14/11/2026 it went ex-dividend on 02/02/2026 and 03/08/2026. The latest distribution went ex-dividend on 03/08/2026 and was paid on 17/08/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change.
What is the ISIN of UKCO?
The ISIN of UKCO is IE00B4694Z11. An ISIN identifies one exact share class of a fund; UKCO is its ticker on the London Stock Exchange. The same share class is also listed as SYBS (Xetra, euros).
What does UKCO hold?
As of 05/11/2026, UKCO holds 693 positions, according to its published holdings. The largest is Goldman Sachs Group Inc 3.625 10/29/2029 at 0.84% of the fund; the ten largest make up 4.7%. Its ten largest holdings are Goldman Sachs Group Inc 3.625 10/29/2029 (0.84%), AT&T Inc 4.875 06/01/2044 (0.52%), E.On Intl Finance BV 6.375 06/07/2032 (0.46%), BNP Paribas 6 08/18/2029 (0.45%), Credit Agricole SA 5.5 07/31/2032 (0.43%), Vodafone Group Plc 6.375 07/03/2050 (0.42%), Nat Grid Electy Sw 2.375 05/16/2029 (0.41%), Pfizer Inc 6.5 06/03/2038 (0.41%), AT&T Inc 7 04/30/2040 (0.40%) and Bank of America Corp 7 07/31/2028 (0.40%).
What were UKCO’s returns in each of the last five years?
Calendar-year returns of UKCO in pounds (price only, income paid out not included): 2022 −21.2%, 2023 +5.1%, 2024 −2.2%, 2025 +1.8%; 2026 to 13/11/2026 −4.9%. Past performance is not a guide to future returns.
How has UKCO done after inflation?
Over the five years to 13/11/2026 UKCO’s total return was −5.1%, or −26.0% 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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