IE000BZ1HVL2Ticker: SWRE (Borsa Italiana) · SPFH (Xetra)Issuer: SPDRGlobal Equity tracking the MSCI World 100% Hedged to EUR Index, physical, optimised replication, accumulating. Share class in euro (EUR), currency-hedged.
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State Street® SPDR® MSCI World EUR Hdg UCITS ETF (Acc) tracks the issuer-declared index: MSCI World 100% Hedged to EUR Index. The declared annual cost (TER) is 0.17%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is optimised physical replication; income is accumulated and reinvested in the fund. The fund has assets of about 20 billion euro, was launched on 18 July 2023 and is domiciled in Ireland. In our registry it is the largest by assets among the 2 ETFs declaring the same index.
Investment objective The investment objective of the Fund is to track the performance of large and mid-sized equities in developed markets globally. The Fund seeks to track the performance of the MSCI World 100% Hedged to EUR Index (the "Index") as closely as possible.
Keep reading the KID section ▾
The Fund is an index tracking fund (also known as a passively managed fund). Investment policies The Fund invests primarily in securities included in the Index. These securities include large and mid-sized equities issued in developed markets globally. As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index the Fund will use an optimisation strategy to build a representative portfolio which should reflect the performance of the Index. Consequently, the Fund will typically hold only a subset of the securities included in the Index. In limited circumstances the Fund may purchase securities that are not included in the Index. This EUR Hedged Class is made available to reduce exchange rate fluctuations between the currency of this Share Class and the currency in which the underlying assets of the Fund are denominated. The Share Class will be hedged back to EUR and consequently should more closely track the corresponding hedged version of the Index (MSCI World 100% Hedged to EUR Index). The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently. Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day. Market prices may be greater or less than the daily net asset value of the Fund. The Fund's maximum exposure to securities lending as a percentage of its Net Asset Value will not exceed 40%. Shareholders may redeem shares on any UK business day (other than days on which relevant financial markets are closed for business and/or the day preceding any such day provided that a list of such closed market days will be published for the Fund on www.ssga.com); and any other day at the Directors' discretion (acting reasonably) provided Shareholders are notified in advance of any such days. Any income earned by the Fund will be retained and reflected in an increase in the value of the shares. The Shares of the EUR Class are issued in Euro. Index Source: The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with State Street Investment Management and any related funds, as well as additional disclaimers that apply to the MSCI indexes. The MSCI indexes are the exclusive property of MSCI and may not be reproduced or extracted and used for any other purpose without MSCI's consent. The MSCI indexes are provided without any warranties of any kind. Please see the Prospectus for the full index disclaimer.
Intended retail investorThis Fund is intended for investors who plan to stay invested for at least 5 years and are prepared to take on a medium-high level of risk of loss to their original capital in order to get a higher potential return. It is designed to form part of a portfolio of investments. Practical information Depositary The Fund depositary is State Street Custodial Services (Ireland) Limited.
Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 18 Feb 2025 | 08 Apr 2025 | -17.04% | 27 Jun 2025 | 129 |
| 31 Jul 2023 | 27 Oct 2023 | -9.50% | 08 Dec 2023 | 130 |
| 16 Jul 2024 | 05 Aug 2024 | -8.83% | 19 Sept 2024 | 65 |
| 25 Feb 2026 | 30 Mar 2026 | -8.39% | 15 Apr 2026 | 49 |
| 28 Mar 2024 | 19 Apr 2024 | -4.88% | 14 May 2024 | 47 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.6 | 0.9 | -5.8 | 8.5 | 4.7 | -0.2 | 0.2 | 2.3 | -0.9 | 0.1 | 11.4 | ||
| 2025 | 3.4 | -1.0 | -5.0 | -0.7 | 5.8 | 3.5 | 1.9 | 1.9 | 3.1 | 2.5 | 0.2 | 0.4 | 16.6 |
| 2024 | 1.8 | 4.5 | 3.3 | -3.3 | 4.0 | 2.3 | 1.2 | 1.7 | 1.4 | -1.0 | 4.9 | -2.0 | 20.1 |
| 2023 | -1.8 | -3.9 | -2.7 | 8.1 | 4.0 | 4.1(from 19 Jul) |
| Year | Fund | Index | Difference (pt) |
|---|---|---|---|
| 2025 | +16.57% | +16.73% | -0.16 pt |
| 2024 | +20.11% | +19.89% | +0.22 pt |
| 2023launch year | +4.10% | +4.08% | +0.03 pt |
| Last year | Last 3 years | |
|---|---|---|
| Volatility (ann.) | 10.91% | 12.13% |
| Max drawdown | -8.39% | -17.04% |
| Sharpe | 1.10 | 1.22 |
| Sortino | 1.63 | 1.73 |
| Fund | TER | Income | Fund size |
|---|---|---|---|
UBS | — | Acc. | 910 mln EUR |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE000BZ1HVL2SWREIE0005POVJH8SWLHIE00BFY0GT14SWRDOfficial lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Exchange source | Registered since |
|---|---|---|---|
| Borsa Italiana (ETFplus) | SWREfrom the issuer | ESMA register (FIRDS) | 21 Jul 2023 |
| Börse Düsseldorf | SPFHfrom mapping | ESMA register (FIRDS) | 27 Jul 2023 |
| Börse Frankfurt | SPFHfrom mapping | ESMA register (FIRDS) | 20 Jul 2023 |
| Börse Hamburg | SPFHfrom mapping | ESMA register (FIRDS) | 2 Sept 2025 |
| Börse Hannover | SPFHfrom mapping | ESMA register (FIRDS) | 9 Dec 2024 |
| Börse München / gettex | SPFHfrom mapping | ESMA register (FIRDS) | 20 Jul 2023 |
| Börse Stuttgart | SPFHfrom mapping | ESMA register (FIRDS) | 4 Aug 2023 |
| Tradegate Exchange | SPFHfrom mapping | ESMA register (FIRDS) | 4 Sept 2023 |
| Xetra (Deutsche Börse) | SPFHfrom the issuer | ESMA register (FIRDS) | 20 Jul 2023 |