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Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

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.

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 EUR (Official NAV)
as of 12 Jul 2024
Base Fund Currency
1 Day Nav Change
+€0,28 (+0,58%)
as of 12 Jul 2024
Assets Under Management
€20,25 M
as of 12 Jul 2024
as of 30 Jun 2024

Fund Objective

The investment objective of the Fund is to track the performance of Eurozone equity securities which historically have exhibited low volatility characteristics.

Index Description

The EURO STOXX Low Risk Weighted 100 Index represents the lowest volatility companies from the parent index, the EURO STOXX Index. The EURO STOXX Index is a broad benchmark index representing large, mid and small capitalisation companies of 12 Eurozone countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain.

Fund Information as of 12 Jul 2024

iNAV Ticker

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

Inception Date 24 Mar 2014
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Base Fund Currency EUR
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD+1
TER 0,30%
Benchmark EURO STOXX Low Risk Weighted 100 Index
Minimum Investment 1 Share
Trading Currency CHF, EUR
UCITS Compliant Yes
Domicile Ireland
Investment Manager State Street Global Advisors Europe Limited
Sub-Investment Manager(s)

State Street Global Advisors Limited

Fund Umbrella SSGA SPDR ETFs Europe II plc
Replication Method Replicated
Distribution Frequency -
PEA Eligible Yes
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending Yes

Listing and Ticker Information as of 12 Jul 2024

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 25 Mar 2014 ZPRL BGLCD07 ZPRL GY ZPRL.DE
SIX Swiss Exchange CHF 31 Mar 2014 ELOW BGQV6T9 ELOW SE ELOW.S
Euronext Paris EUR 08 Dec 2014 ELOW BSTLBN9 ELOW FP ELOW.PA
Borsa Italiana EUR 10 Dec 2014 ELOW BRJ9D30 ELOW IM ELOW.MI


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)

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 11 Jul 2024

Average Market Cap (M) €25 764,07 M
Number of Holdings 100
Average Price/Book 1,61
Price/Earnings Ratio FY1 12,25

Index Characteristics as of 11 Jul 2024

Index Dividend Yield

This measures the weighted average of gross dividend Yield of stocks, in the index.


Fund Market Price as of 12 Jul 2024

Bid Price €48,12
Offer Price €48,38
Closing Price €48,25
Bid/Offer Spread €0,26
Day High €48,25
Day Low €48,03
52 Week High €49,15
52 Week Low €40,74

Fund Net Asset Value as of 12 Jul 2024

NAV EUR (Official NAV) €48,20
NAV GBP £40,49
Assets Under Management €20,25 M
Shares in Issue 420 000

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: 24 Mar 2014
  • Index Inception Date: 31 Mar 2001

as of 30 Jun 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
24 Mar 2014
Fund Net 30 Jun 2024 -3,72% -1,50% 3,66% 5,47% 2,36% 3,49% 5,71% 6,37%
Difference 30 Jun 2024 0,12% 0,42% 0,32% 0,17% 0,31% 0,25% 0,23% 0,25%
Fund Gross 30 Jun 2024 -3,70% -1,43% 3,81% 5,79% 2,67% 3,80% 6,02% 6,68%
Difference 30 Jun 2024 0,14% 0,50% 0,47% 0,49% 0,61% 0,56% 0,55% 0,57%
EURO STOXX Low Risk Weighted 100 Index
30 Jun 2024 -3,84% -1,92% 3,34% 5,30% 2,05% 3,25% 5,47% 6,11%

as of 30 Jun 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
24 Mar 2014
Fund Net 30 Jun 2024 -3,72% -1,50% 3,66% 5,47% 7,25% 18,74% 74,18% 88,47%
Difference 30 Jun 2024 0,12% 0,42% 0,32% 0,17% 0,96% 1,42% 3,83% 4,56%
Fund Gross 30 Jun 2024 -3,70% -1,43% 3,81% 5,79% 8,22% 20,54% 79,48% 94,35%
Difference 30 Jun 2024 0,14% 0,50% 0,47% 0,49% 1,93% 3,21% 9,13% 10,45%
EURO STOXX Low Risk Weighted 100 Index
30 Jun 2024 -3,84% -1,92% 3,34% 5,30% 6,29% 17,33% 70,35% 83,91%

as of 30 Jun 2024

2024 (YTD) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund Net 3,66% 12,55% -14,68% 17,92% -5,35% 20,51% -7,58% 15,44% 1,51% 17,10% 11,00%
Difference 0,32% 0,19% 0,35% 0,18% 0,19% 0,50% 0,29% 0,11% 0,09% 0,11% 0,22%
Fund Gross 3,81% 12,88% -14,42% 18,27% -5,07% 20,87% -7,30% 15,78% 1,82% 17,46% 11,25%
Difference 0,47% 0,53% 0,61% 0,53% 0,48% 0,86% 0,56% 0,45% 0,40% 0,46% 0,48%
EURO STOXX Low Risk Weighted 100 Index
3,34% 12,36% -15,03% 17,74% -5,54% 20,01% -7,86% 15,33% 1,42% 17,00% 10,77%

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 Jun 2024

Standard Deviation 12,69%
Tracking Error 0,30%

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

Top Holdings

Fund Top Holdings as of 11 Jul 2024

Security Name Weight
Royal KPN NV 1,79%
Orange SA 1,39%
Danone SA 1,36%
Groupe Bruxelles Lambert SA 1,33%
Assicurazioni Generali S.p.A. 1,30%
VINCI SA 1,25%
Allianz SE 1,19%
Ackermans & van Haaren NV 1,19%
EXOR N.V. 1,18%
Deutsche Boerse AG 1,18%
Download All Holdings: Download Daily Holdings

Sector Allocation

ICB Industry Allocation as of 11 Jul 2024

Sector Weight
Financials 22,74%
Industrials 19,78%
Consumer Discretionary 11,58%
Utilities 11,15%
Consumer Staples 10,19%
Telecommunications 8,31%
Energy 4,80%
Basic Materials 4,45%
Health Care 2,77%
Technology 2,53%
Real Estate 1,69%

Effective 22 March 2021, the index provider transitioned to the new ICB framework. The changes included: renaming the “Oil & Gas” industry to “Energy”, breaking out "Real Estate" from the “Financial” industry and creating an 11th industry named “Real Estate”, and reclassifying the “Consumer Goods” and “Consumer Services” industries as “Consumer Staples” and “Consumer Discretionary”.

The Industry Classification Benchmark (ICB) is an industry classification taxonomy used by FTSE International and STOXX.

Geographical Weights

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.

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.