# State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD (WMAT) **Source:** https://fundology.uk/fund/wmat · ISIN IE00BYTRRF33 · 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, WMAT (State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD, ISIN IE00BYTRRF33) closed at $80.93 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 30/09/2026 its total return was +47.2%, or +15.1% after UK CPIH inflation. ## Summary State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD is an exchange-traded fund (ETF) from SPDR, launched in 2016. It tracks the MSCI World Materials 35/20 Capped Index - Benchmark TR Net — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it 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 0.3% a year — about £30 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: **$80.93** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WMAT | | ISIN | IE00BYTRRF33 | | Category | Single sectors | | Type | ETF | | Provider | SPDR | | Tracks | MSCI World Materials 35/20 Capped Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.30% a year (£30 per £10,000) | | Fund size | £127m | | Launched | 2016 | | 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 | +20.35% | +16.57% | income reinvested | | 3 years | +37.35% | +23.94% | income reinvested | | 5 years | +47.24% | +15.10% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD in pounds (price, with income reinvested in the fund): 2022 +0.8%, 2023 +8.2%, 2024 −3.4%, 2025 +17.1%; 2026 to 30/09/2026 +11.9%. Returns of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +20.1%; to 30/09/2025: +0.1%; to 30/09/2024: +13.9%; to 30/09/2023: +6.7%; to 30/09/2022: +2.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +0.8% | -7.7% | Price | | 2023 | +8.2% | +3.9% | Price | | 2024 | -3.4% | -6.7% | Price | | 2025 | +17.1% | +13.0% | Price | | 2026 to 30/09/2026 | +11.9% | +8.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 20.36% | -14.86% | | 3 years | 16.49% | -16.13% | | 5 years | 16.91% | -16.13% | ## Largest fall Volatility of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD in pounds, annualised from weekly returns to 30/09/2026: 20.4% over 1 year, 16.5% over 3 years, 16.9% over 5 years. Largest fall in the price of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD since October 2021, in pounds: −16.1% from 17/05/2024 to 04/04/2025. The lowest 12-month return of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD in pounds (price, with income reinvested in the fund) since January 2021 was −14.7% (12 months to 04/04/2025); the highest was +43.9% (12 months to 10/04/2026). On 30/09/2026 the price of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD was 6.1% below its highest weekly close since October 2021 (27/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of State Street SPDR MSCI World Materials UCITS ETF Accum Ptg USD 0.30% a year, as of 01/10/2026: 64 of the 141 other single-sector funds charge more, 16 the same and 61 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.30%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Linde | 7.57% | | BHP Group | 7.42% | | Newmont | 4.22% | | Air Liquide | 4.18% | | Freeport-McMoRan | 3.47% | | Rio Tinto | 3.47% | | Agnico Eagle Mines | 3.22% | | Sherwin-Williams | 2.56% | | Ecolab | 2.40% | | Glencore | 2.39% | ## 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 | |---|---| | United States | 39.4% | | Canada | 15.9% | | Australia | 12.1% | | United Kingdom | 9.1% | | Japan | 6.7% | | France | 5.2% | | Switzerland | 4.1% | | Germany | 3.1% | | Other countries | 4.3% | All 89 holdings: https://fundology.uk/fund/wmat/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.