State Street
SPYP.DE
IE00BKWQ0L68
State Street® SPDR® MSCI Europe Materials UCITS ETF
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About this ETF

The State Street SPDR MSCI Europe Materials UCITS ETF EUR seeks to track the MSCI Europe Materials 20/35 Capped index. The MSCI Europe Materials 20/35 Capped index tracks the European materials sector. The weight of the largest constituent is constrained to 35% and the weights of all other constituents are constrained to a maximum of 20%.

TER
0.18%

Total Expense Ratio per year

Fund Size
€105.29M

Assets under management

Holdings
27

Underlying equities

Dividend Yield
-

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
20.62
Weighted Fwd P/E
23.89
💰 Revenue Estimates
Current Year CY
+9.34% ⌀ 17 Analysts Coverage
Next Year NY
+3.71% ⌀ 17 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+48.37% ⌀ 15 Analysts Coverage
Next Year NY
+14.85% ⌀ 16 Analysts Coverage

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ETF Profile
Fund Type
ETF
Inception Date
12/05/2014 (11 yrs)
Index Group
MSCI Europe
Region
Europe
Country
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

5/7 Elevated
24/100 Low (Concentration Risk)
Diversification Score
24/100 Low (Concentration Risk)
5Y Volatility
18.0% p.a.
Max Drawdown (5Y)
-22.6%
Sharpe Ratio (5Y)
0.26
Notes & Warnings
Fund Volume (AUM) Solid fund volume
🟡 Moderate analyst coverage (15 analysts)
🔴 Extreme top 10 holdings concentration: 75% of fund in top 10 positions.
🔴 Severe sector concentration risk: 99% in "Basic Materials".
⚠️ Industry concentration: 35% in "Specialty Chemicals".
⚠️ Industry concentration: 33% in "Other Industrial Metals & Mining".
🔴 High Commodity Concentration: 100% of fund depends directly on volatile energy and raw material markets.
🔴 Dominant Cyclicality: 100% in cyclical industries – higher drawdown risk in recessions.
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