5ESE.DE vs. SPY5.DE

Last updated Jul 4, 2026

5ESE.DE (Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc) and SPY5.DE (SPDR S&P 500 UCITS ETF) are both S&P 500 funds - 5ESE.DE tracks the S&P 500 ESG Index while SPY5.DE tracks the S&P 500 Index. Both are passively managed. Over the past 3 years, 5ESE.DE returned 17.55%/yr vs 18.38%/yr for SPY5.DE. Their correlation of 0.84 suggests significant overlap in exposure. 5ESE.DE charges 0.09%/yr vs 0.03%/yr for SPY5.DE.

Performance

5ESE.DE vs. SPY5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 5ESE.DE achieves a 7.92% return, which is significantly lower than SPY5.DE's 12.25% return.

5ESE.DE

• 1D: 0.12%
• 1M: 0.07%
• 6M: 8.61%
• YTD: 7.92%
• 1Y: 20.25%
• 3Y*: 17.55%
• 5Y*: —
• 10Y*: —

SPY5.DE

• 1D: 0.23%
• 1M: 0.64%
• 6M: 13.05%
• YTD: 12.25%
• 1Y: 24.10%
• 3Y*: 18.38%
• 5Y*: 13.70%
• 10Y*: 14.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

5ESE.DE vs. SPY5.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
5ESE.DE Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc	7.92%	15.84%	21.80%	24.91%	-21.16%	2.35%
SPY5.DE SPDR S&P 500 UCITS ETF	12.25%	4.75%	32.36%	22.42%	-14.24%	4.86%

Correlation

The correlation between 5ESE.DE and SPY5.DE is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (All Time) Calculated using the full available price history since Nov 5, 2021	0.84

The correlation between 5ESE.DE and SPY5.DE has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

Return for Risk

5ESE.DE vs. SPY5.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

5ESE.DE

5ESE.DE Risk / Return Rank: 61
5ESE.DE Sharpe Ratio Rank: 61
5ESE.DE Sortino Ratio Rank: 67
5ESE.DE Omega Ratio Rank: 60
5ESE.DE Calmar Ratio Rank: 53
5ESE.DE Martin Ratio Rank: 63

SPY5.DE

SPY5.DE Risk / Return Rank: 77
SPY5.DE Sharpe Ratio Rank: 78
SPY5.DE Sortino Ratio Rank: 76
SPY5.DE Omega Ratio Rank: 76
SPY5.DE Calmar Ratio Rank: 79
SPY5.DE Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

5ESE.DE vs. SPY5.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	5ESE.DE	SPY5.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.03	-0.36
Sortino ratio: Return per unit of downside risk	2.54	2.79	-0.25
Omega ratio: Gain probability vs. loss probability	1.30	1.37	-0.07
Calmar ratio: Return relative to maximum drawdown	2.19	3.36	-1.17
Martin ratio: Return relative to average drawdown	9.28	11.87	-2.59

5ESE.DE vs. SPY5.DE - Sharpe Ratio Comparison

The current 5ESE.DE Sharpe Ratio is 1.66, which is comparable to the SPY5.DE Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of 5ESE.DE and SPY5.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

5ESE.DE vs. SPY5.DE - Drawdown Comparison

The maximum 5ESE.DE drawdown since its inception was -25.54%, smaller than the maximum SPY5.DE drawdown of -33.86%. Use the drawdown chart below to compare losses from any high point for 5ESE.DE and SPY5.DE.

Drawdown Indicators

	5ESE.DE	SPY5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-33.86%	+8.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-7.15%	-2.05%
Max Drawdown (3Y) Largest decline over 3 years	-19.31%	-23.34%	+4.03%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.86%	—
Current Drawdown Current decline from peak	-1.36%	-0.62%	-0.74%
Average Drawdown Average peak-to-trough decline	-6.90%	-3.91%	-2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	2.03%	+0.15%

Volatility

5ESE.DE vs. SPY5.DE - Volatility Comparison

Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) has a higher volatility of 4.11% compared to SPDR S&P 500 UCITS ETF (SPY5.DE) at 3.64%. This indicates that 5ESE.DE's price experiences larger fluctuations and is considered to be riskier than SPY5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5ESE.DE	SPY5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	3.64%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	8.02%	+1.33%
Volatility (1Y) Calculated over the trailing 1-year period	12.14%	11.88%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	15.23%	+1.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	16.07%	+0.55%

5ESE.DE vs. SPY5.DE - Expense Ratio Comparison

5ESE.DE has a 0.09% expense ratio, which is higher than SPY5.DE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

5ESE.DE vs. SPY5.DE - Dividend Comparison

5ESE.DE has not paid dividends to shareholders, while SPY5.DE's dividend yield for the trailing twelve months is around 0.90%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
5ESE.DE Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY5.DE SPDR S&P 500 UCITS ETF	0.90%	0.99%	1.03%	1.22%	1.42%	0.95%	1.37%	1.43%	0.80%	1.21%	1.57%	1.69%

Frequently Asked Questions

Can I hold both 5ESE.DE and SPY5.DE in my portfolio?

5ESE.DE and SPY5.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 5ESE.DE or SPY5.DE?

On fees, SPY5.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5ESE.DE or SPY5.DE?

SPY5.DE is cheaper with a 0.03% expense ratio, compared with 0.09% for 5ESE.DE.

What is the main difference between 5ESE.DE and SPY5.DE?

5ESE.DE tracks S&P 500 ESG Index, while SPY5.DE tracks S&P 500 Index. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.09% for 5ESE.DE and 0.03% for SPY5.DE.