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State Street® SPDR® MSCI World Materials UCITS ETF

SPDR · IE00BYTRRF33

State Street® SPDR® MSCI World Materials UCITS ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker WMAT (ISIN IE00BYTRRF33). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the materials part of the market, so…

· Tracks the MSCI World Materials 35/20 Capped Index index ?
Equity ?Accumulating ?Physical ?Ireland ?
Mid-range feeReinvests dividendsOwns the shares directlyGlobalConcentrated in a few names
Fund size (AUM) ?
€199.7M
Risk level (SRI) ?
4 / 7 · Medium
1-year return ?
+27.8%
Price Return · to 2026-09-17
Yearly fee (TER) ?
0.30%
All-in cost ≈ 0.32%

About this fund

What you own

The MSCI World Materials 35/20 Capped Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 88 companies across Global in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.30%Yearly fee (TER)
0.32%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MSCI World Materials 35/20 Capped Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Feb 2009
17-year track record
Recommended holding period
5 years

Performance

77.796.5115134153202120232026

Growth of $100 invested — the line starts at $100.

State Street® SPDR® MSCI World Materials UCITS ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+14.5%
1 year+27.8%
3 years+14.2%
5 years+7.5%

Return, year by year

-10.2
+14.0
-5.6
+26.9
'22'23'24'25
2 of 4 up yearsBest: 2025 +26.9%Worst: 2022 -10.2%Calendar-year total returns, in USD

How bumpy has it been?

62.0%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-7.2%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+43.5%
Since inception
Total growth since launch — about +7.4% a year.
+41.5%
Best 12 months
The strongest one-year stretch on record.
-17.1%
Worst 12 months
The weakest one-year stretch on record.
-21.9%
Worst fall on record ?
It clawed back in about 18 months.

What's inside

The 10 biggest holdings make up 40.3% of the fund — the rest is spread across roughly 78 more companies.

Top 10 holdings

#CompanyWeight
1BHP Group Ltd7.3%
2Linde plc7.1%
3Newmont Corporation4.4%
4Air Liquide SA4.0%
5Rio Tinto plc3.5%
6Agnico Eagle Mines Limited3.4%
7Freeport-McMoRan Inc.3.4%
8Sherwin-Williams Company2.5%
9Barrick Mining Corporation2.4%
10Glencore plc2.4%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
LSEWMATUSD★ Primary
CHF listings
SIXWMATCHF
EUR listings
Borsa ItalianaWMATEUR
Euronext AmsterdamWMATEUR
FrankfurtSS48EUR
USD listings
B2WMATUSD
B2WMATEURUSD
B3WMATAUSD
B3WMATZUSD
B3WMATLUSD
B4WMATEURUSD
B4WMATUSDUSD
E1WMATGBXUSD
E1WMATUSDUSD
E1WMATEURUSD
EBWMATAUSD
EOWMATUSDUSD
EOWMATEURUSD
EPWMATEURUSD
EPWMATUSDUSD
EUWMATEURUSD
EUWMATGBXUSD
EUWMATUSDUSD
EZWMATUSDUSD
EZWMATEURUSD
GDSS48USD
GHSS48USD
GZSS48USD
I2WMATAUSD
IXWMATAUSD
L1WMATAUSD
L1WMATLUSD
L1WMATZUSD
L3WMATZUSD
L3WMATLUSD
L3WMATAUSD
LASS48USD
London Stock ExchangeWMATUSD
LUSS48USD
POWMATZUSD
POWMATLUSD
POWMATAUSD
PQSSGWFUSD
QEWMATAUSD
QTSS48USD
QXWMATAUSD
S1WMATMUSD
S1WMATAUSD
S2WMATLUSD
S2WMATZUSD
S4WMATAUSD
S4WMATMUSD
SEWMATUSD
T2WMATEURUSD
T2WMATUSDUSD
THSS48USD
USSSGWFUSD
UVSSGWFUSD
X2WMATEURUSD
X2WMATGBXUSD
X9WMATUSDUSD
X9WMATEURUSD
XAWMATEURUSD
XAWMATGBXUSD
XAWMATUSDUSD
XBWMATGBXUSD
XEWMATUSDUSD
XEWMATGBXUSD
XEWMATEURUSD
XFWMATEURUSD
XFWMATGBXUSD
XFWMATUSDUSD
XGWMATUSDUSD
XGWMATGBXUSD
XGWMATEURUSD
XHWMATEURUSD
XHWMATGBXUSD
XHWMATUSDUSD
XJWMATUSDUSD
XJWMATGBXUSD
XJWMATEURUSD
XLWMATEURUSD
XLWMATGBXUSD
XLWMATUSDUSD
XOWMATUSDUSD
XOWMATGBXUSD
XOWMATEURUSD
XQWMATGBXUSD
XSWMATEURUSD
XSWMATGBXUSD
XSWMATUSDUSD
XTWMATEURUSD
XUWMATUSDUSD
XUWMATGBXUSD
XUWMATEURUSD
XVWMATEURUSD
XVWMATGBXUSD
XVWMATUSDUSD
XWWMATUSDUSD
XWWMATGBXUSD
XWWMATEURUSD
XXWMATEURUSD
XXWMATGBXUSD
XXWMATUSDUSD
XZWMATGBXUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-09-17 · the fund's own published holdings.

#CompanyWeight
1BHP Group Ltd7.3%
2Linde plc7.1%
3Newmont Corporation4.4%
4Air Liquide SA4.0%
5Rio Tinto plc3.5%
6Agnico Eagle Mines Limited3.4%
7Freeport-McMoRan Inc.3.4%
8Sherwin-Williams Company2.5%
9Barrick Mining Corporation2.4%
10Glencore plc2.4%
11Wheaton Precious Metals Corp2.3%
12Ecolab Inc.2.3%
13Air Products and Chemicals Inc.2.1%
14Shin-Etsu Chemical Co. Ltd.2.0%
15Nucor Corporation2.0%
16CRH public limited company1.9%
17Anglo American plc1.9%
18Corteva Inc1.8%
19BASF SE1.8%
20Franco-Nevada Corporation1.7%
21Rio Tinto Limited1.5%
22Holcim Ltd1.4%
23Nutrien Ltd.1.3%
24Givaudan SA1.2%
25Sika AG1.1%
26Kinross Gold Corporation1.1%
27Steel Dynamics Inc.1.1%
28ArcelorMittal SA1.1%
29Vulcan Materials Company1.1%
30Teck Resources Limited Class B1.0%
31Martin Marietta Materials Inc.1.0%
32Smurfit Westrock PLC0.8%
33PPG Industries Inc.0.8%
34Novonesis A/S Class B0.8%
35Heidelberg Materials AG0.7%
36NIPPON STEEL CORP.0.7%
37First Quantum Minerals Ltd.0.7%
38Dow Inc.0.7%
39International Flavors & Fragrances Inc.0.7%
40Packaging Corporation of America0.7%
41Pan American Silver Corp.0.7%
42Northern Star Resources Ltd0.7%
43Coeur Mining Inc.0.7%
44Reliance Inc.0.7%
45CF Industries Holdings Inc.0.7%
46Amcor PLC0.7%
47Fortescue Ltd0.6%
48Evolution Mining Limited0.6%
49Amrize Ltd0.6%
50International Paper Company0.6%
51DSM-Firmenich AG0.6%
52Antofagasta plc0.6%
53LyondellBasell Industries NV0.6%
54Lundin Mining Corporation0.5%
55Resonac Holdings Corporation0.5%
56UPM-Kymmene Oyj0.5%
57Boliden AB0.5%
58South32 Ltd.0.5%
59Alamos Gold Inc.0.5%
60Ball Corporation0.5%
61Nitto Denko Corp.0.5%
62Sumitomo Metal Mining Co. Ltd.0.5%
63Symrise AG0.5%
64Endeavour Mining PLC0.5%
65Equinox Gold Corp.0.4%
66Asahi Kasei Corporation0.4%
67JX Advanced Metals Corporation0.4%
68Norsk Hydro ASA0.4%
69Toray Industries Inc.0.3%
70CCL Industries Inc. Class B0.3%
71Akzo Nobel N.V.0.3%
72Mitsubishi Chemical Group Corporation0.3%
73PLS Group Limited0.3%
74Lynas Rare Earths Limited0.3%
75Yara International ASA0.3%
76Mitsui Kinzoku Co. Ltd.0.2%
77Fresnillo PLC0.2%
78Svenska Cellulosa AB SCA Class B0.2%
79Ivanhoe Mines Ltd. Class A0.2%
80Stora Enso Oyj Class R0.2%
81EMS-CHEMIE HOLDING AG0.2%
82Nippon Paint Holdings Co. Ltd.0.2%
83Syensqo SA/NV0.2%
84Nippon Sanso Holdings Corporation0.2%
85Lundin Gold Inc.0.2%
86Evonik Industries AG0.2%
87ICL Group Ltd.0.1%
88Buzzi Spa0.1%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 39% of similar ETFs💰 All-in cost cheaper than 34%📈 Higher 1-yr return than 83%📈 Higher 3-yr return than 31%📈 Higher 5-yr return than 37%📊 Beat its category by 7.5% (1-yr) (category average +20.2%)📊 Behind its category by 3.1% (3-yr) (category average +17.3%)📊 Behind its category by 1.4% (5-yr) (category average +8.9%)

Versus the Equity (stocks) · Global · USD ETFs we track.

Advanced risk

0.47
Sortino (3y) ?
1.96
Calmar (3y) ?
35.5%
Downside deviation ?
60%
Up months (hit rate) ?
$86.32
52-week high ?
$68.37
52-week low ?

Concentration depth

~38 ?
Effective number of holdings

Roughly 88 companies are held, but the largest names carry most of the weight — so it behaves like ~38 equal-sized positions.

Tilt vs a world tracker

Materials+96.7
United States-43.9
Technology-29.2
Financials-16.3
Industrials-11.6
Ireland+11.5

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Global stocks
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Index trackedMSCI World Materials 35/20 Capped IndexMSCI WorldMSCI WorldMSCI WorldMSCI WorldS&P Developed Ex-U.S. BMI IndexMSCI ACWI
Yearly fee (TER)0.30%0.30%0.30%0.20%0.20%0.03%0.20%
All-in cost0.32%0.30%0.00%0.00%0.20%0.00%0.20%
Fund size€199.7M€172.4B€146.5B€128.1B€127.6B€36.5B€31.1B
DomicileIrelandIrelandIrelandIrelandIrelandUnited StatesIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+14.2%+16.8%+17.8%+18.3%+17.8%+17.9%
5-yr return p.a.+7.5%+9.7%+9.3%+11.3%+6.6%+10.4%
# holdings881,3561,3561,3561,3562,4661,738

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Data as of 2026-09-17 · Source: issuer data, compiled by Finance Hamster

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