SPDR MSCI Europe Financials UCITS ETF (FNCE.L)
FNCE.L is a passive ETF by State Street tracking the investment results of the MSCI World/Financials NR USD. FNCE.L launched on Dec 5, 2014 and has a 0.18% expense ratio.
ETF Info
| ISIN | IE00BKWQ0G16 |
|---|---|
| WKN | A1191R |
| Issuer | State Street |
| Inception Date | Dec 5, 2014 |
| Category | Financials Equities |
| Index Tracked | MSCI World/Financials NR USD |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FNCE.L features an expense ratio of 0.18%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in SPDR MSCI Europe Financials UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR MSCI Europe Financials UCITS ETF had a return of 8.14% year-to-date (YTD) and 21.54% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.14% | 6.17% |
| 1 month | -0.69% | -2.72% |
| 6 months | 19.02% | 17.29% |
| 1 year | 21.54% | 23.80% |
| 5 years (annualized) | N/A | 11.47% |
| 10 years (annualized) | N/A | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.73% | 2.46% | 7.54% | -1.04% | ||||||||
| 2023 | -4.31% | 6.88% | 4.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FNCE.L is 79, placing it in the top 21% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
SPDR MSCI Europe Financials UCITS ETF(FNCE.L)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR MSCI Europe Financials UCITS ETF (FNCE.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR MSCI Europe Financials UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR MSCI Europe Financials UCITS ETF was 14.44%, occurring on Mar 17, 2023. Recovery took 181 trading sessions.
The current SPDR MSCI Europe Financials UCITS ETF drawdown is 2.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.44% | Mar 7, 2023 | 9 | Mar 17, 2023 | 181 | Dec 5, 2023 | 190 |
| -12.87% | May 31, 2022 | 31 | Jul 14, 2022 | 84 | Nov 11, 2022 | 115 |
| -8.21% | Apr 5, 2022 | 22 | May 9, 2022 | 13 | May 26, 2022 | 35 |
| -4.92% | Apr 5, 2024 | 8 | Apr 16, 2024 | — | — | — |
| -3.96% | Jan 3, 2024 | 11 | Jan 17, 2024 | 24 | Feb 20, 2024 | 35 |
Volatility
Volatility Chart
The current SPDR MSCI Europe Financials UCITS ETF volatility is 4.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.