State Street SPDR S&P 500 UCITS ETF (Acc)

Description

State Street SPDR S&P 500 UCITS ETF (Acc) is a equity ETF from SPDR tracking the S&P 500 index through physical replication. Domiciled in Ireland and launched in 2023, the fund manages about 15.4 bn € and charges a TER of 0.03% — 3 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).

The fund in context

State Street SPDR S&P 500 UCITS ETF (Acc) competes with 37 other products on the same index (S&P 500): it ranks 7th by fund size and 1st by ongoing cost, with a TER of 0.03% against a group median of 0.08%. It has been listed since 2023, 3 years of track record.

On a €10,000 investment the TER costs 3 € a year. The cheapest of the group is State Street SPDR S&P 500 UCITS ETF-UHG at 0.03%, or 3 € on the same amount: a difference of 0 € every year, roughly 0 € over ten years before compounding.

Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 36.4% of the portfolio.

Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.

Irish domicile lets the fund apply the Ireland–US tax treaty, with 15% withholding instead of 30% on US dividends received by the fund.

Top 10 holdings

Stock exchange listings

Compare with similar ETFs

• CSPX — iShares Core S&P 500 (Acc) 0.07%
• VUSA — Vanguard S&P 500 (Dist) 0.07%
• SPXS — Invesco S&P 500 (Acc) 0.05%
• VUAA — Vanguard S&P500 USDA 0.07%

Compare brokers

• Scalable Capital
• Trade Republic

ETF savings plans