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SPDR MSCI Europe Materials UCITS ETF (SPYP.DE) Sharpe Ratio: 1.14

ETF · Currency in EUR · Last updated Jul 11, 2026

SPYP.DE is a passive ETF by State Street tracking the investment results of the MSCI Europe Materials 20/35 Capped. SPYP.DE launched on Dec 5, 2014 and has a 0.18% expense ratio.

SPYP.DE's Sharpe Ratio of 1.14 indicates that for each unit of volatility, it generates 1.14 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 11, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

SPYP.DE Sharpe Ratio Rank

SPYP.DE Sharpe Ratio Rank: 39.640
Below Average

SPYP.DE ranks above 39.6% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

SPYP.DE Sharpe Ratio Market Positioning

The chart shows SPYP.DE's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.73 or lower
  • Yellow zone (middle 50%): 0.73 to 1.91
  • Green zone (top 25%): 1.91 or higher
  • Top 1%: 6.60+
  • Median: 1.39 — half of all investments score higher

How it compares to other similar ETFs

The table compares SPDR MSCI Europe Materials UCITS ETF's Sharpe Ratio with other ETFs in the Industrials Equities category across multiple time periods, showing how SPYP.DE's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 11, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
XU61.DEBNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF EUR2.54
SC0W.DEInvesco European Basic Resources Sector UCITS ETF2.09
LBRE.DELyxor STOXX Europe 600 Basic Resources UCITS ETF Acc2.06
EXV6.DEiShares STOXX Europe 600 Basic Resources UCITS ETF (DE)2.05
E6BR.DELyxor STOXX Europe 600 Basic Resources UCITS ETF Dist2.04
JEDI.DEVanEck Space Innovators UCITS ETF1.90
ZPDI.DEState Street SPDR S&P U.S. Industrials Select Sector UCITS ETF (Acc)1.61
2B7C.DEiShares S&P 500 Industrials Sector UCITS ETF1.61
WELH.DEAmundi S&P Global Industrials ESG UCITS ETF EUR Acc1.59
XUIN.DEXtrackers MSCI USA Industrials UCITS ETF 1D1.57
SPYP.DESPDR MSCI Europe Materials UCITS ETF1.14

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SPYP.DE's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SPYP.DE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does SPYP.DE fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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