Same index

iShares Core MSCI Europe vs SPDR MSCI Europe

iShares Core MSCI Europe and SPDR MSCI Europe both track MSCI Europe. Before fees, they should perform almost identically — so the annual fee (TER) is the single biggest factor separating what you'll actually end up with.

Comparison

iShares Core MSCI EuropeSPDR MSCI Europe
TER0.12%0.12%
Hist. return*~7%~7%
ISINIE00B4K48X80IE00BKWQ0Q14
ReplicationPhysicalPhysical
DistributionAccumulatingAccumulating
DomicileIrlandaIrlanda

The real cost: TER compounded

Contributing €300/month over the same years to both funds, here's the final wealth:

HorizoniShares Core MSCI EuropeSPDR MSCI EuropeDifference
10 years€51,880€51,880€0
20 years€154,904€154,904€0
30 years€359,492€359,492€0

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Frequently asked questions

What's the real difference between iShares Core MSCI Europe and SPDR MSCI Europe?+

Both track MSCI Europe, so the expected gross return is the same. The difference is the fee: 0.12% for iShares Core MSCI Europe vs 0.12% for SPDR MSCI Europe.

Which one is cheaper over the long run?+

Their TERs are close enough that the difference over 20 years is negligible (under €1). Pick based on other factors: broker availability, distribution policy or domicile.

Can I have both at the same time?+

Yes, nothing stops you — but since they track the same index, holding both mostly adds complexity (two lines to rebalance) without real diversification.

Does a lower TER always mean it's the better choice?+

Usually yes for two funds tracking the identical index, but also check replication method, distribution policy (accumulating vs distributing) and where you can actually buy it before deciding.

* Indicative long-term annualized historical return of the benchmark index, not the fund. Always check the up-to-date TER, risk and data in the official factsheet linked. Past returns do not guarantee future returns.

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