IE00BYYW2S15Ticker: SPPG (London SE)Issuer: SPDROne email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
State Street® SPDR® S&P® 500 GBP Hdg UCITS ETF (Dist) tracks the issuer-declared index: S&P 500 GBP Dynamic Hedged Index. The declared annual cost (TER) is 0.05%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is full physical replication (declared as “Replicated” by the issuer); income is distributed to investors. The fund has assets of about 37.6 billion euro, was launched on 25 August 2025 and is domiciled in Ireland.
Investment policies The Fund invests primarily in securities included in the Index. These securities include the top 500 companies in the U.S. equity market. The Fund seeks to hold all the securities of the Index with the approximate weightings as in that Index.
Keep reading the KID section ▾
Intended retail investorAlthough the Index is generally well diversified, to enable the Fund to track the Index accurately, the Fund will make use of the increased diversification limits available under the UCITS Regulations, which permit it to hold positions in individual constituents of the Index issued by the same body of up to 20% of the Fund's net asset value. This 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. The Fund will use a replication strategy to create a near mirrorimage of the Index. In limited circumstances the Fund may purchase securities that are not included in the Index. Depositary The Fund depositary is State Street Custodial Services (Ireland) Limited. This GBP 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 GBP and consequently should more closely track the corresponding hedged version of the Index (S&P 500 Index). Further information A copy of the Prospectus and latest annual and semi-annual financial report in English and the latest Net Asset Value per Share are available free of charge upon request from www.ssga.com or by writing to the Fund Manager, State Street Global Advisors Europe Limited, 78 Sir John Rogerson's Quay, Dublin 2, Ireland. 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. Practical information
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 27 Jan 2026 | 30 Mar 2026 | -9.02% | 15 Apr 2026 | 78 |
| 29 Oct 2025 | 20 Nov 2025 | -5.04% | 10 Dec 2025 | 42 |
| 02 Jun 2026 | 10 Jun 2026 | -4.49% | 03 Aug 2026 | 62 |
| 08 Oct 2025 | 10 Oct 2025 | -2.99% | 24 Oct 2025 | 16 |
| 12 Jan 2026 | 20 Jan 2026 | -2.57% | 27 Jan 2026 | 15 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.4 | -0.8 | -5.0 | 10.2 | 5.4 | -1.0 | -0.1 | 2.7 | -0.3 | 12.4 | |||
| 2025 | 3.6 | 2.4 | 0.2 | 0.0 | 6.2 |
We do not publish a tracking difference for this share class — and it is not an oversight.
SPPG is hedged to GBP; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the GBP-hedged index series, which the issuer does not publish today.
| Last year | |
|---|---|
| Volatility (ann.) | 13.55% |
| Max drawdown | -9.46% |
| Sharpe | 1.29 |
| Sortino | 1.85 |
| Period | Dividends | Dividend yield |
|---|---|---|
| 1 year | 0.06 GBP | 0.84 % |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.02 | 0.02 | ||||||||||
| 2025 | 0.00 | 0.02 |
| Per share | Ex-dividend date | Record date | Payment |
|---|---|---|---|
| 0.02 GBP | 22 Jun 2026 | 23 Jun 2026 | 30 Jun 2026 |
| 0.0186 GBP | 23 Mar 2026 | 24 Mar 2026 | 31 Mar 2026 |
| 0.0182 GBP | 22 Dec 2025 | 23 Dec 2025 | 31 Dec 2025 |
| 0.0034 GBP | 22 Sept 2025 | 23 Sept 2025 | 30 Sept 2025 |
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:
IE000XZSV718SP5AIE00BYYW2V44SPXEOfficial lists verified on 3 September 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 |
|---|---|
| London Stock Exchange | SPPG |