EEPG.DE vs. SPYJ.DE

Last updated Jun 5, 2026

EEPG.DE (BNP Paribas Easy FTSE EPRA Nareit Developed Europe ex UK Green UCITS ETF) and SPYJ.DE (SPDR Dow Jones Global Real Estate UCITS ETF) are both REIT funds - EEPG.DE tracks the FTSE EPRA Nareit Developed Europe ex UK Green while SPYJ.DE tracks the Dow Jones Global Select Real Estate Securities. Both are passively managed. Over the past 5 years, EEPG.DE returned -9.05%/yr vs 2.31%/yr for SPYJ.DE. A 0.62 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.

Performance

EEPG.DE vs. SPYJ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in BNP Paribas Easy FTSE EPRA Nareit Developed Europe ex UK Green UCITS ETF (EEPG.DE) and SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EEPG.DE achieves a -3.00% return, which is significantly lower than SPYJ.DE's 8.14% return.

EEPG.DE

• 1D: 0.60%
• 1M: -3.25%
• YTD: -3.00%
• 6M: -1.75%
• 1Y: -6.12%
• 3Y*: 4.28%
• 5Y*: -9.05%
• 10Y*: —

SPYJ.DE

• 1D: 0.05%
• 1M: -1.56%
• YTD: 8.14%
• 6M: 7.45%
• 1Y: 10.28%
• 3Y*: 5.92%
• 5Y*: 2.31%
• 10Y*: 3.00%

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

EEPG.DE vs. SPYJ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EEPG.DE BNP Paribas Easy FTSE EPRA Nareit Developed Europe ex UK Green UCITS ETF	-3.00%	3.23%	-11.24%	14.85%	-39.69%	10.89%	-9.26%	4.27%
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF	8.14%	-2.34%	4.88%	7.77%	-20.64%	41.31%	-18.77%	-0.28%

Correlation

The correlation between EEPG.DE and SPYJ.DE is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Nov 15, 2019	0.62

The correlation between EEPG.DE and SPYJ.DE has been stable across timeframes, ranging from 0.58 to 0.62 - a consistent structural relationship.

Return for Risk

EEPG.DE vs. SPYJ.DE — Risk / Return Rank

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

EEPG.DE

EEPG.DE Risk / Return Rank: 5
EEPG.DE Sharpe Ratio Rank: 6
EEPG.DE Sortino Ratio Rank: 5
EEPG.DE Omega Ratio Rank: 5
EEPG.DE Calmar Ratio Rank: 6
EEPG.DE Martin Ratio Rank: 5

SPYJ.DE

SPYJ.DE Risk / Return Rank: 27
SPYJ.DE Sharpe Ratio Rank: 26
SPYJ.DE Sortino Ratio Rank: 24
SPYJ.DE Omega Ratio Rank: 25
SPYJ.DE Calmar Ratio Rank: 30
SPYJ.DE Martin Ratio Rank: 31

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.

EEPG.DE vs. SPYJ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy FTSE EPRA Nareit Developed Europe ex UK Green UCITS ETF (EEPG.DE) and SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.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.

	EEPG.DE	SPYJ.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.39	0.90	-1.29
Sortino ratio: Return per unit of downside risk	-0.44	1.30	-1.74
Omega ratio: Gain probability vs. loss probability	0.95	1.16	-0.21
Calmar ratio: Return relative to maximum drawdown	-0.40	1.46	-1.86
Martin ratio: Return relative to average drawdown	-0.93	4.40	-5.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EEPG.DE vs. SPYJ.DE - Sharpe Ratio Comparison

The current EEPG.DE Sharpe Ratio is -0.39, which is lower than the SPYJ.DE Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of EEPG.DE and SPYJ.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.

Sharpe Ratios by Period

	EEPG.DE	SPYJ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	0.90	-1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	0.15	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.27	0.32	-0.59

Drawdowns

EEPG.DE vs. SPYJ.DE - Drawdown Comparison

The maximum EEPG.DE drawdown since its inception was -52.41%, which is greater than SPYJ.DE's maximum drawdown of -42.92%. Use the drawdown chart below to compare losses from any high point for EEPG.DE and SPYJ.DE.

Drawdown Indicators

	EEPG.DE	SPYJ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-52.41%	-42.92%	-9.49%
Max Drawdown (1Y) Largest decline over 1 year	-16.02%	-6.95%	-9.07%
Max Drawdown (3Y) Largest decline over 3 years	-23.61%	-20.29%	-3.32%
Max Drawdown (5Y) Largest decline over 5 years	-52.41%	-30.71%	-21.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.92%	—
Current Drawdown Current decline from peak	-42.84%	-7.72%	-35.12%
Average Drawdown Average peak-to-trough decline	-31.56%	-11.10%	-20.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.85%	2.31%	+4.54%

Volatility

EEPG.DE vs. SPYJ.DE - Volatility Comparison

BNP Paribas Easy FTSE EPRA Nareit Developed Europe ex UK Green UCITS ETF (EEPG.DE) has a higher volatility of 4.98% compared to SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.DE) at 3.15%. This indicates that EEPG.DE's price experiences larger fluctuations and is considered to be riskier than SPYJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EEPG.DE	SPYJ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	3.15%	+1.83%
Volatility (6M) Calculated over the trailing 6-month period	13.43%	8.50%	+4.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.33%	11.29%	+5.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.47%	15.11%	+8.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.01%	16.96%	+7.05%

EEPG.DE vs. SPYJ.DE - Expense Ratio Comparison

Both EEPG.DE and SPYJ.DE have an expense ratio of 0.40%.

Dividends

EEPG.DE vs. SPYJ.DE - Dividend Comparison

EEPG.DE has not paid dividends to shareholders, while SPYJ.DE's dividend yield for the trailing twelve months is around 2.57%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EEPG.DE BNP Paribas Easy FTSE EPRA Nareit Developed Europe ex UK Green UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF	2.57%	2.80%	2.70%	2.67%	2.91%	1.76%	2.70%	3.16%	4.36%	4.02%	2.53%	2.10%

Frequently Asked Questions

Can I hold both EEPG.DE and SPYJ.DE in my portfolio?

EEPG.DE and SPYJ.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EEPG.DE or SPYJ.DE?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EEPG.DE or SPYJ.DE?

EEPG.DE and SPYJ.DE have the same expense ratio: 0.40% per year.

What is the main difference between EEPG.DE and SPYJ.DE?

EEPG.DE tracks FTSE EPRA Nareit Developed Europe ex UK Green, while SPYJ.DE tracks Dow Jones Global Select Real Estate Securities. They also come from different issuers: BNP Paribas and State Street.