ASCH.DE vs. SPP2.DE

Last updated Apr 2, 2026

Compare and contrast key facts about abrdn Future Supply Chains UCITS ETF (ASCH.DE) and SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE).

ASCH.DE and SPP2.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASCH.DE is an actively managed fund by abrdn. It was launched on May 9, 2025. SPP2.DE is a passively managed fund by State Street that tracks the performance of the MSCI ACWI (USD Hedged). It was launched on Oct 21, 2020.

Performance

ASCH.DE vs. SPP2.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in abrdn Future Supply Chains UCITS ETF (ASCH.DE) and SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE). The values are adjusted to include any dividend payments, if applicable.

ASCH.DE vs. SPP2.DE - Yearly Performance Comparison

	2026 (YTD)	2025
ASCH.DE abrdn Future Supply Chains UCITS ETF	8.94%	17.25%
SPP2.DE SPDR MSCI ACWI UCITS ETF USD Hedged Acc	0.06%	12.29%

Different Trading Currencies

ASCH.DE is traded in EUR, while SPP2.DE is traded in USD. To make them comparable, the SPP2.DE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ASCH.DE achieves a 8.94% return, which is significantly higher than SPP2.DE's 0.06% return.

ASCH.DE

• 1D: 4.09%
• 1M: -7.43%
• YTD: 8.94%
• 6M: 13.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPP2.DE

• 1D: 2.70%
• 1M: -2.75%
• YTD: 0.06%
• 6M: 4.14%
• 1Y: 13.45%
• 3Y*: 15.59%
• 5Y*: 11.26%
• 10Y*: —

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

ASCH.DE vs. SPP2.DE - Expense Ratio Comparison

ASCH.DE has a 0.60% expense ratio, which is higher than SPP2.DE's 0.45% expense ratio.

ASCH.DE

abrdn Future Supply Chains UCITS ETF

SPP2.DE

SPDR MSCI ACWI UCITS ETF USD Hedged Acc

Return for Risk

ASCH.DE vs. SPP2.DE — Risk / Return Rank

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

SPP2.DE

SPP2.DE Risk / Return Rank: 75
SPP2.DE Sharpe Ratio Rank: 73
SPP2.DE Sortino Ratio Rank: 72
SPP2.DE Omega Ratio Rank: 73
SPP2.DE Calmar Ratio Rank: 76
SPP2.DE Martin Ratio Rank: 81

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.

ASCH.DE vs. SPP2.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Future Supply Chains UCITS ETF (ASCH.DE) and SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ASCH.DE	SPP2.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.82	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.14	0.94	+1.20

Correlation

The correlation between ASCH.DE and SPP2.DE is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ASCH.DE vs. SPP2.DE - Dividend Comparison

Neither ASCH.DE nor SPP2.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ASCH.DE vs. SPP2.DE - Drawdown Comparison

The maximum ASCH.DE drawdown since its inception was -11.06%, smaller than the maximum SPP2.DE drawdown of -21.23%. Use the drawdown chart below to compare losses from any high point for ASCH.DE and SPP2.DE.

Drawdown Indicators

	ASCH.DE	SPP2.DE	Difference
Max Drawdown Largest peak-to-trough decline	-11.06%	-22.60%	+11.54%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.60%	—
Current Drawdown Current decline from peak	-7.43%	-5.10%	-2.33%
Average Drawdown Average peak-to-trough decline	-1.79%	-4.62%	+2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.08%	—

Volatility

Volatility by Period

	ASCH.DE	SPP2.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	16.45%	-1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.69%	14.60%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.69%	14.60%	+0.09%