LU3121015641Ticker: SGBEIssuer: SPDROne email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
State Street Global Screened Enhanced Equity Fund - UCITS ETF is an actively managed ETF: it does not track an index — the declared index (MSCI World Index) is a comparison yardstick only. The declared annual cost (TER) is 0.45%, plus 0.06% in transaction costs estimated by the issuer in the KID. Income is accumulated and reinvested in the fund. The fund has assets of about 244 million euro, was launched on 24 November 2025 and is domiciled in Luxembourg. In our registry 3 other ETFs declare the same index.
Investment objective The objective of the Fund is to provide a return in excess of the performance of global developed equity markets. Investment policies The investment policy of the Fund is to outperform the MSCI World Index (or any other index determined by the Directors from time to time to represent substantially the same market as the Index) over the medium and long term. The Investment Manager applies a negative and norms-based screen to the Fund to screen out securities based on an assessment of their adherence to ESG criteria including securities of companies identified as being non-compliant with UNGC Principles (relating to environmental protection, human rights, labour standards, anticorruption) and securities of companies associated with Severe ESG Controversies, controversial weapons, civilian firearms, tobacco, thermal coal, arctic oil & gas exploration, and oil sands extraction. By applying the relevant negative and norms-based screen, the Investment Manager deems the Fund's sustainable investments not to cause significant harm to any environmental or social sustainable investment objective. The Fund promotes environmental or social characteristics in accordance with SFDR Article 8. These environmental and social characteristics are detailed in the SFDR Annex of the Fund's Supplement. The Investment Manager, on behalf of the Fund, will invest actively with limited risk parameters relative to the Index, using the Quantitative Equity Strategy as further described in the "Investment Strategies" section of the Prospectus and also employs a negative and norms-based ESG screen prior to the construction of the portfolio of the Fund and on an ongoing basis, as further described in the "ESG Screening" subsection of the "ESG Investing" section of the Prospectus. The securities in the portfolio are selected primarily from the securities in the index. The Fund may invest in or gain exposure to securities registered in or trading in markets other than those included in the index. The investment strategy uses defined risk parameters that mean the fund's weighting to countries, sectors and securities relative to the respective index will be limited. This is likely to limit the extent to which the Fund can outperform the MSCI World Index. In order to achieve its investment objective, this Fund will only invest in: Q Liquid assets; and Q Derivatives for efficient portfolio management and investment purposes, limited to swaps, options, futures and forward foreign exchange contracts. The Fund may lend up to 40% of the securities it owns. The Shares of the USD Class are issued in U.S. Dollar. The Fund may not be appropriate for investors who plan to withdraw their money within five years. Shareholders may redeem shares on any Luxembourg and 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. 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. Any income earned by the Fund will be retained and reflected in an increase in the value of the shares. 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.
Keep reading the KID section ▾
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 Bank International GmbH, Luxembourg Branch.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 25 Feb 2026 | 30 Mar 2026 | -8.82% | 14 Apr 2026 | 48 |
| 02 Jun 2026 | 10 Jun 2026 | -4.07% | 15 Jul 2026 | 43 |
| 15 Jul 2026 | 29 Jul 2026 | -2.34% | 03 Aug 2026 | 19 |
| 27 Jan 2026 | 05 Feb 2026 | -2.07% | 09 Feb 2026 | 13 |
| 11 Dec 2025 | 17 Dec 2025 | -2.07% | 22 Dec 2025 | 11 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.3 | 1.3 | -8.4 | 12.3 | 4.8 | -0.8 | 1.3 | 2.5 | 1.0 | 15.9 | |||
| 2025 | 1.1 | 2.5 |
| Full history | |
|---|---|
| Volatility (ann.) | 11.73% |
| Max drawdown | -6.44% |
| Sharpe | 1.80 |
| Sortino | 2.76 |
| Fund | TER | Income | Fund size |
|---|---|---|---|
SWRD · SPDR | 0.12% | Acc. | 19.2 mld EUR |
IWDE · iShares | 0.55% | Acc. | 5.4 mld EUR |
SWWD · SPDRnot on Borsa Italiana | 0.12% | Dist. | 19.2 mld 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:
LU3121015641Official 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 | Trading since |
|---|---|---|
| Borsa Italiana (ETFplus) | SGBE | 27 Nov 2025 |