State Street
WTEL.L
IE00BYTRRG40
State Street® SPDR® MSCI World Communication Services UCITS ETF
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About this ETF

The State Street SPDR MSCI World Communication Services UCITS ETF USD seeks to track the MSCI World Communication Services index. The MSCI World Communication Services index tracks the communication services sector of the developed markets worldwide (GICS sector classification).

TER
0.3%

Total Expense Ratio per year

Fund Size
€85.37M

Assets under management

Holdings
60

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
16.78
Weighted Fwd P/E
17.61
💰 Revenue Estimates
Current Year CY
+19.31% ⌀ 40 Analysts Coverage
Next Year NY
+18.36% ⌀ 40 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+26.5% ⌀ 31 Analysts Coverage
Next Year NY
+32.32% ⌀ 35 Analysts Coverage

Related ETFs

Xtrackers
XWTS.DE • Xtrackers
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iShares
WCMS.AS • iShares
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iShares
IWLE.DE • iShares
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iShares
IWDA.L • iShares
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iShares
IWDD.AS • iShares
iShares Core MSCI World UCITS ETF
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Xtrackers
XDWD.L • Xtrackers
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Xtrackers
XDWL.DE • Xtrackers
Xtrackers MSCI World UCITS ETF 1D
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ETF Profile
Fund Type
ETF
Inception Date
04/29/2016 (10 yrs)
Index Group
MSCI World
Region
World
Country
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

5/7 Elevated
16/100 Low (Concentration Risk)
Diversification Score
16/100 Low (Concentration Risk)
5Y Volatility
19.8% p.a.
Max Drawdown (5Y)
-42.9%
Sharpe Ratio (5Y)
0.36
Beta Factor
0.94
Notes & Warnings
Fund Volume (AUM) Solid fund volume
🔴 Extreme top 10 holdings concentration: 77% of fund in top 10 positions.
🔴 Severe sector concentration risk: 97% in "Communication Services".
🔴 Extreme industry concentration: 55% in "Internet Content & Information".
⚠️ Elevated Regulatory & Policy Risk: 81% in heavily regulated industries (defense, regulated utilities, healthcare policy).
⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -42.9% in the extended horizon.
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