SPDR MSCI World Utilities UCITS ETF USD

SPDR MSCI World Utilities UCITS ETF USD is an exchange-traded fund designed to track the performance of the MSCI World Utilities 35/20 Capped Index, which measures global equities classified within the utilities sector according to the Global Industry Classification Standard across developed markets. Launched on April 29, 2016, and domiciled in Ireland, this UCITS-compliant ETF employs a full replication strategy, investing directly in the index's constituent securities to mirror its composition. It features an accumulation policy, reinvesting dividends to compound returns, with a total expense ratio of 0.30% and base currency in USD. The fund holds approximately 72 stocks, with top positions including NextEra Energy, Iberdrola, and Constellation Energy, predominantly in electric utilities (around 62%), multi-utilities (26%), and other sub-sectors like gas and water utilities. Managing about $42 million in assets, it offers investors targeted exposure to the defensive utilities sector, known for stability amid market volatility, while carrying sector-specific risks such as regulatory changes and interest rate sensitivity.