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SPDR® Bloomberg SASB U.S. Corporate ESG UCITS ETF (Acc) SPPU GY

The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may trail the returns on a portfolio of securities which include such companies. A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the market as a whole.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

NAV USD (Official NAV)
$27,38
as of 17 May 2024
Share Class Currency
USD
1 Day Nav Change
-$0,06 (-0,22%)
as of 17 May 2024
Total Fund Assets USD
$7 117,34 M
as of 17 May 2024
TER
0,15%
as of 30 Apr 2024

Fund Objective

The objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which generally reflects the return of the Bloomberg SASB U.S. Corporate ESG Ex-Controversies Select Index.

Index Description

The Index is an investment grade, fixed-rate, U.S. dollar-denominated benchmark that optimizes its R-Factor™ score by State Street Global Advisors®. The Index selects securities eligible for the Bloomberg US Corporate Index and weights them using an optimization process, while controlling for active total risk. The Index excludes issuers based on certain involvement criteria and/or that fail to comply with the United Nations Global Compact principles.

Fund Information as of 18 May 2024

ISIN IE00BLF7VX27
iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

INSPPU
Inception Date 23 Oct 2020
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Share Class Currency USD
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD
TER 0,15%
Benchmark Bloomberg SASB US Corporate ESG Ex-Controversies Select Index
Minimum Investment 1 Share
Trading Currency EUR, MXN, USD
UCITS Compliant Yes
SFDR Fund Classification SFDR - Article 8
Domicile Ireland
Investment Manager State Street Global Advisors Europe Limited
Sub-Investment Manager(s)

State Street Global Advisors Limited

State Street Global Advisors Trust Company

Fund Umbrella SSGA SPDR ETFs Europe I plc
Replication Method Stratified Sampling
Distribution Frequency -
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 18 May 2024

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 26 Oct 2020 SPPU BMF5B33 SPPU GY SPPU.DE
London Stock Exchange USD 27 Oct 2020 USCR BMTVQG5 USCR LN USCR.L
SIX Swiss Exchange USD 14 May 2021 USCR BLF7VX2 USCR SE USCR.S
Bolsa Mexicana de Valores MXN 12 Aug 2021 USCRN BLH17W3 USCRN MM USCRN.MX
Borsa Italiana EUR 22 Mar 2023 USCO BQMRYV9 USCO IM USCO.MI

INAV

Estimated NAV per Unit at 4PM, Hong Kong as of
Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER CURRENCY INAV

The Indicative NAV per share should not be viewed as the actual NAV per share. The Indicative NAV per share is provided for reference purposes only and may differ from the actual NAV per share calculated in accordance with the Prospectus.

Fund Characteristics as of 16 May 2024

Current Yield 4,45%
Effective Convexity 0,97%
Effective Duration 6,99
Number of Holdings 2 841
Yield to Maturity 5,39%
Average Maturity in Years 10,76
Average Price $92,56

Fund Market Price as of 17 May 2024

Bid Price €25,21
Offer Price €25,26
Closing Price €25,23
Bid/Offer Spread €0,05
Day High €25,32
Day Low €25,23
52 Week High €25,66
52 Week Low €23,41

Fund Net Asset Value as of 17 May 2024

NAV USD (Official NAV) $27,38
NAV EUR €25,18
Share Class Assets $6 836,76 M
Shares in Issue 249 692 947
Total Fund Assets USD $7 117,34 M

Reference NAVs are calculated for information purposes only. No warranty is provided as to the accuracy of reference NAVs. Reference NAVs are calculated with WM1600 FX (London time) rate applied in the currency indicated.

Fund Performance

  • Fund Inception Date: 23 Oct 2020
  • Index Inception Date: 18 Sep 2019

as of 30 Apr 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
23 Oct 2020
Fund Net 30 Apr 2024 -2,62% -2,91% -3,10% 0,67% -3,32% - - -3,12%
Difference 30 Apr 2024 -0,02% -0,05% -0,06% -0,21% -0,22% - - -0,25%
Fund Gross 30 Apr 2024 -2,61% -2,87% -3,05% 0,82% -3,17% - - -2,97%
Difference 30 Apr 2024 -0,01% -0,02% -0,01% -0,06% -0,07% - - -0,10%
Index
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index
30 Apr 2024 -2,60% -2,86% -3,03% 0,88% -3,10% - - -2,87%

as of 30 Apr 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
23 Oct 2020
Fund Net 30 Apr 2024 -2,62% -2,91% -3,10% 0,67% -9,63% - - -10,54%
Difference 30 Apr 2024 -0,02% -0,05% -0,06% -0,21% -0,61% - - -0,80%
Fund Gross 30 Apr 2024 -2,61% -2,87% -3,05% 0,82% -9,23% - - -10,07%
Difference 30 Apr 2024 -0,01% -0,02% -0,01% -0,06% -0,20% - - -0,33%
Index
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index
30 Apr 2024 -2,60% -2,86% -3,03% 0,88% -9,02% - - -9,74%

as of 30 Apr 2024

2024 (YTD) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund Net -3,10% 8,34% -16,02% -1,35% 2,86% - - - - - -
Difference -0,06% -0,23% -0,20% -0,38% 0,02% - - - - - -
Fund Gross -3,05% 8,50% -15,90% -1,20% 2,89% - - - - - -
Difference -0,01% -0,07% -0,08% -0,24% 0,05% - - - - - -
Index
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index
-3,03% 8,57% -15,82% -0,97% 2,84% - - - - - -

Performance Gross and Net of All Fees.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Calendar year inception performance returns will be partial for the year where the inception date for either the Fund in question or the historic performance-linked Fund (whichever is the earliest) falls within that period.

Deviation & Tracking Error as of 30 Apr 2024

Standard Deviation 9,24%
Tracking Error 0,06%

This calculation is based on the past 3 years performance information.

Top Holdings

Fund Top Holdings as of 16 May 2024

Security Name Weight
DEUTSCHE TELEKOM INT FIN 8.75 06/15/2030 0,76%
TELEFONICA EMISIONES SAU 5.213 03/08/2047 0,54%
CISCO SYSTEMS INC 5.9 02/15/2039 0,51%
GLAXOSMITHKLINE CAP INC 6.375 05/15/2038 0,50%
CISCO SYSTEMS INC 5.5 01/15/2040 0,50%
GLAXOSMITHKLINE CAP INC 3.875 05/15/2028 0,47%
BRITISH TELECOMMUNICATIO 9.625 12/15/2030 0,36%
NOVARTIS CAPITAL CORP 2.2 08/14/2030 0,35%
NOVARTIS CAPITAL CORP 3 11/20/2025 0,35%
JPMORGAN CHASE & CO 3.109 04/22/2051 0,34%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 16 May 2024

Sector Weight
Corporate - Industrial 59,43%
Corporate - Finance 32,88%
Corporate - Utility 7,36%
Cash 0,33%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 16 May 2024

Maturity Weight
0 - 1 Year 1,27%
1 - 2 Years 11,65%
2 - 3 Years 10,98%
3 - 5 Years 15,67%
5 - 7 Years 12,14%
7 - 10 Years 12,89%
10 - 15 Years 5,97%
15 - 20 Years 8,69%
20 - 30 Years 17,49%
> 30 Years 3,24%

Quality Breakdown

Fund Quality Breakdown as of 16 May 2024

Quality Weight
AAA 1,62%
AA1 2,90%
AA2 0,58%
AA3 5,03%
A1 16,54%
A2 13,07%
A3 16,36%
BAA1 16,98%
BAA2 22,13%
BAA3 4,79%

Characteristics, holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a reliable indicator of future performance. 

First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.

"Bloomberg®" and all Bloomberg Indices are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Bank and Trust Company, through its State Street Global Advisors division ("SSGA"). Bloomberg is not affiliated with SSGA, and Bloomberg does not approve, endorse, review, or recommend any SSGA product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to any SSGA product.

The recipient is only permitted to view or receive the Index Data in the form in which it is in presented. The recipient understands, acknowledges and agrees that use of the Index Data is at its sole risk. The recipient understands, acknowledges and agrees that the Index Data is provided "as is" and that neither Morningstar UK Limited (Morningstar) nor its content providers warrant the accuracy, completeness, non-infringement, originality, timeliness or any other characteristic of the Index Data. The recipient further understands, acknowledges and agrees that the Index Data is provided to you as an investor in financial products solely pursuant to regulatory requirements and for informational purposes only. The Index Data may not be used by you for commercial purposes and may not be used for trading or other purposes in lieu of a subscription to such Index Data with Morningstar.