SPDR is reducing the TERs on its S&P 500 ETFs – including the ESG Leaders fund and currency hedged share classes. With these changes, we will now offer the most cost effective, physically replicated S&P 500 ETFs domiciled in Europe.
The TER reductions take effect on 1 November 2023, and the following funds will be affected:
Ticker | Name | Previous TER (bps) | New TER (bps) |
SPYL | SPDR® S&P® 500 UCITS ETF (Acc) | - | 3 |
SPY5 | SPDR® S&P® 500 UCITS ETF | 9 | 3 |
SPPE/ SPXE | SPDR® S&P® 500 EUR Hdg UCITS ETF | 12 | 5 |
SPPY/ 500X | SPDR® S&P® ESG Leaders UCITS ETF | 10 | 3 |
We understand that investors have different needs and outlooks, so we have created a range of S&P 500 ETFs that includes ESG and currency hedged options. And for investors who want to up- or down-weight sub-sections of the S&P 500, we offer a full range of sector ETFs, ensuring that investing in US large caps is as flexible as possible. See the full range of S&P 500 UCITS ETFs