IE00BKWQ0K51
IE00BKWQ0K51
State Street® SPDR® MSCI Europe Technology UCITS ETF
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Risk & Diversification Scores
Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.
Volatility Risk Score
7/7 Very High
7 / 7 SRI PRIIPs Risk Class
Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.
Volatility (5Y)
26.7% p.a.
5-Year HorizonMax Drawdown (5Y)
-38.5%
Deepest DrawdownSharpe Ratio
0.37
Moderate (0.0 - 0.5)Rec. Holding Period
10+ Years
Investment HorizonSpeculative / High Risk: Score Basis:
Diversification Score
High Concentration (> 50%)
20 / 100 Portfolio Diversification
4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)
High concentration risk: A few heavyweights drive the majority of fund value.
Top 10 Holdings
91.4%
FocusedEffective Holdings
~12
of 17 holdingsTop Sector
97.8%
TechnologyTop Region / Country
46.1%
NetherlandsElevated concentration in top individual holdings, leading sectors, or key regions.
Multi-Horizon Risk & Performance Matrix
Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.
Timeframe | Volatility (p.a.) | Max Drawdown | Sharpe Ratio | Return (p.a.) |
|---|---|---|---|---|
| 1 Year | — | — | — | +46.2% |
| 3 Years | 25.8% | -27.0% | 0.96 | +27.3% |
| 5 Years | 26.7% | -38.5% | 0.37 | +12.5% |
| 10 Years | 24.8% | -38.5% | 0.5 | +14.9% |
Notes & Warnings
⚠️ Elevated valuation: Avg P/E of 37.8
Solid fund volume
🟢 High institutional analyst coverage (23.4 analysts)
🔴 Extreme top 10 holdings concentration: 91% of fund in top 10 positions.
⚠️ Single-country focus: 46% in "Netherlands".
🔴 Severe sector concentration risk: 98% in "Technology".
⚠️ Industry concentration: 42% in "Semiconductor Equipment & Materials".
🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 72% of total forward growth.
ℹ️ Tech-Capex Exposure: 71% in semiconductors & hardware – dependent on hyperscaler capex cycles.