# State Street SPDR MSCI World Communication Services UCITS ETF Accum USD (WTEL)

**Page:** https://fundology.uk/fund/wtel · ISIN IE00BYTRRG40

## 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, WTEL (State Street SPDR MSCI World Communication Services UCITS ETF Accum USD, ISIN IE00BYTRRG40) closed at $76.93 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was +46.6%, or +14.5% after UK CPIH inflation.

## Summary

SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD is an exchange-traded fund (ETF) from SPDR, launched in 2016. It tracks the MSCI World Telecommunication Services 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: **$76.93** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | WTEL |
| ISIN | IE00BYTRRG40 |
| Category | Single sectors |
| Type | ETF |
| Provider | SPDR |
| Tracks | MSCI World Telecommunication Services 35/20 Capped Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.30% a year (£30 per £10,000) |
| Fund size | £55.9m |
| Launched | 2016 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 29/04/2016 |

## 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 | -4.21% | -7.60% | income reinvested |
| 3 years | +62.78% | +47.06% | income reinvested |
| 5 years | +46.64% | +14.46% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD in pounds (price, with income reinvested in the fund): 2022 −30.3%, 2023 +39.1%, 2024 +38.2%, 2025 +19.1%; 2026 to 13/11/2026 −3.8%. Returns of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.0%; to 30/09/2025: +34.0%; to 30/09/2024: +26.5%; to 30/09/2023: +16.7%; to 30/09/2022: −23.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -30.3% | -36.2% | Price |
| 2023 | +39.1% | +33.6% | Price |
| 2024 | +38.2% | +33.5% | Price |
| 2025 | +19.1% | +15.0% | Price |
| 2026 to 13/11/2026 | -3.8% | -6.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.72% | -14.07% |
| 3 years | 15.86% | -20.42% |
| 5 years | 17.07% | -33.41% |

## Largest fall

Volatility of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD in pounds, annualised from weekly returns to 13/11/2026: 17.7% over 1 year, 15.9% over 3 years, 17.1% over 5 years. Largest fall in the price of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD since November 2021, in pounds: −33.0% from 19/11/2021 to 16/12/2022. The lowest 12-month return of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD in pounds (price, with income reinvested in the fund) since January 2021 was −31.8% (12 months to 04/11/2022); the highest was +44.3% (12 months to 13/12/2024). On 13/11/2026 the price of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD was 9.5% below its highest weekly close since November 2021 (15/05/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of SSgA SPDR ETFs Europe II PLC - State Street SPDR MSCI World Communication Services UCITS ETF Accum USD 0.30% a year. Compared on 14/11/2026, 76 of the 164 other single-sector funds charge more, 14 the same and 74 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.30%** 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, WTEL holds 58 positions, according to its published holdings. The largest is Meta Platforms · Class A at 17.28% of the fund; the ten largest make up 74.0%.

### Top holdings

Largest positions (as of 05/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 17.28% |
| 2 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 17.15% |
| 3 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 13.61% |
| 4 | Netflix | [NFLX](https://fundology.uk/stock/NFLX) | 6.40% |
| 5 | Walt Disney | [DIS](https://fundology.uk/stock/DIS) | 4.78% |
| 6 | Verizon Communications | [VZ](https://fundology.uk/stock/VZ) | 4.52% |
| 7 | AT&T | [T](https://fundology.uk/stock/T) | 3.56% |
| 8 | Deutsche Telekom | [DTE](https://fundology.uk/stock/DTE) | 2.33% |
| 9 | SoftBank Group | [9984](https://fundology.uk/stock/9984) | 2.20% |
| 10 | Spotify Technology | [SPOT](https://fundology.uk/stock/SPOT) | 2.13% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 05/11/2026.

| Country | Weight |
|---|---|
| United States | 80.0% |
| Japan | 7.8% |
| Sweden | 2.8% |
| Germany | 2.3% |
| United Kingdom | 1.5% |
| France | 1.4% |
| Netherlands | 0.9% |
| Spain | 0.7% |
| Other countries | 2.6% |

All 58 holdings: https://fundology.uk/fund/wtel/holdings

## Questions people ask

**What is the ongoing charge of WTEL?**

The ongoing charge of WTEL is 0.30% a year — about £30 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 World Communication Services UCITS ETF Accum USD 0.30% a year. Compared on 14/11/2026, 76 of the 164 other single-sector funds charge more, 14 the same and 74 less (share classes counted once).

**What does WTEL track?**

WTEL tracks the MSCI World Telecommunication Services 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.

**Is WTEL accumulating or distributing?**

WTEL 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 WTEL?**

The ISIN of WTEL is IE00BYTRRG40. An ISIN identifies one exact share class of a fund; WTEL is its ticker on the London Stock Exchange.

**What does WTEL hold?**

As of 05/11/2026, WTEL holds 58 positions, according to its published holdings. The largest is Meta Platforms · Class A at 17.28% of the fund; the ten largest make up 74.0%. Its ten largest holdings are Meta Platforms · Class A (17.28%), Alphabet · Class A (17.15%), Alphabet · Class C (13.61%), Netflix (6.40%), Walt Disney (4.78%), Verizon Communications (4.52%), AT&T (3.56%), Deutsche Telekom (2.33%), SoftBank Group (2.20%) and Spotify Technology (2.13%).

**What were WTEL’s returns in each of the last five years?**

Calendar-year returns of WTEL in pounds (price, with income reinvested in the fund): 2022 −30.3%, 2023 +39.1%, 2024 +38.2%, 2025 +19.1%; 2026 to 13/11/2026 −3.8%. Past performance is not a guide to future returns.

**How has WTEL done after inflation?**

Over the five years to 13/11/2026 WTEL’s total return was +46.6%, or +14.5% 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-msci-world-communication-services-ucits-etf-wtel-na)
- [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BYTRRG40&documentType=kiid&country=uk&language=en_gb&ticker=wtel-na)
- [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-wtel-na.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.