State Street® SPDR® Commodity EUR Hdg UCITS ETF (Acc)

What this fund is

State Street® SPDR® Commodity EUR Hdg UCITS ETF (Acc) is an exchange-traded fund (ETF) from SPDR, traded under the ticker COME (ISIN IE0004HE5624). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread across its target market. It follows the Dow Jones Commodity Index 3 Month Forward - Quarterly Reweight EUR Hedged index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include US DOLLAR, STATE STREET USD LIQUIDITY LVN STATE ST USD LIQ LNAV Z ACC and TREASURY BILL 10/26 0.00000.

Spread across roughly 58 holdings (the ten largest ≈ 48.9%), no one position makes or breaks the fund. It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.17% a year — about €17 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.18%. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 20.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2026, and its KID suggests a holding period of 5 years. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from SPDR.)