Consumer brands worldwide
Companies selling things people want but don't need: cars (Tesla, Toyota), online retail (Amazon), luxury (LVMH), restaurants (McDonald's), home improvement (Home Depot). Does well in good times and badly in recessions when people cut back.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Owns dominant consumer brands like LVMH and Amazon
- Performs well in economic expansions
- Reinvests dividends automatically
- Cyclical: falls hard in recessions
- Tesla and Amazon make up large chunks of the fund
- Sensitive to consumer confidence and rates
About this fund
Tesla, Amazon, LVMH, Toyota, etc. Cyclical sector - performs well in expansions, badly in recessions.
Available on Interactive Brokers
Low-cost access to Consumer brands worldwide and 10,000+ funds worldwide.
Frequently asked questions
Is WCOD.L accumulating or distributing?
SPDR MSCI World Consumer Discretionary UCITS ETF (WCOD.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for WCOD.L?
WCOD.L has a total expense ratio (TER) of 0.30% per year. On a $10,000 holding that is roughly $30 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy WCOD.L on Interactive Brokers?
Yes. WCOD.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does WCOD.L invest in?
SPDR MSCI World Consumer Discretionary UCITS ETF (WCOD.L) tracks the MSCI World Consumer Discretionary. Companies selling things people want but don't need: cars (Tesla, Toyota), online retail (Amazon), luxury (LVMH), restaurants (McDonald's), home improvement (Home Depot). You buy one fund and get the whole basket in a single trade.
Is WCOD.L a UCITS ETF, and where is it domiciled?
Yes, WCOD.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is WCOD.L?
On the TickerCompare 1 to 5 scale, WCOD.L is rated medium risk (3/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.