EFRW.DE vs. SPY5.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE).

EFRW.DE and SPY5.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFRW.DE is a passively managed fund by iShares that tracks the performance of the S&P 500 Equal Weight Index. It was launched on May 8, 2025. SPY5.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012. Both EFRW.DE and SPY5.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EFRW.DE vs. SPY5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE). The values are adjusted to include any dividend payments, if applicable.

EFRW.DE vs. SPY5.DE - Yearly Performance Comparison

	2026 (YTD)	2025
EFRW.DE iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc	-0.36%	9.95%
SPY5.DE SPDR S&P 500 UCITS ETF	-2.99%	13.07%

Returns By Period

In the year-to-date period, EFRW.DE achieves a -0.36% return, which is significantly higher than SPY5.DE's -2.99% return.

EFRW.DE

• 1D: 1.91%
• 1M: -4.92%
• YTD: -0.36%
• 6M: 1.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPY5.DE

• 1D: 1.71%
• 1M: -3.09%
• YTD: -2.99%
• 6M: 0.08%
• 1Y: 10.22%
• 3Y*: 16.10%
• 5Y*: 12.10%
• 10Y*: 13.83%

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

EFRW.DE vs. SPY5.DE - Expense Ratio Comparison

EFRW.DE has a 0.17% 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%.

EFRW.DE

iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc

SPY5.DE

SPDR S&P 500 UCITS ETF

Return for Risk

EFRW.DE vs. SPY5.DE — Risk / Return Rank

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

SPY5.DE

SPY5.DE Risk / Return Rank: 36
SPY5.DE Sharpe Ratio Rank: 30
SPY5.DE Sortino Ratio Rank: 29
SPY5.DE Omega Ratio Rank: 31
SPY5.DE Calmar Ratio Rank: 44
SPY5.DE Martin Ratio Rank: 45

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.

EFRW.DE vs. SPY5.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Equal Weight UCITS ETF EUR Hedged Acc (EFRW.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.

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

Sharpe Ratios by Period

	EFRW.DE	SPY5.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.59	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.91	+0.03

Correlation

The correlation between EFRW.DE and SPY5.DE is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EFRW.DE vs. SPY5.DE - Dividend Comparison

EFRW.DE has not paid dividends to shareholders, while SPY5.DE's dividend yield for the trailing twelve months is around 1.02%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFRW.DE iShares S&P 500 Equal Weight UCITS ETF EUR Hedged 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	1.02%	0.99%	1.03%	1.22%	1.42%	0.95%	1.37%	1.74%	3.30%	1.59%	1.57%	1.69%

Drawdowns

EFRW.DE vs. SPY5.DE - Drawdown Comparison

The maximum EFRW.DE drawdown since its inception was -7.12%, smaller than the maximum SPY5.DE drawdown of -33.86%. Use the drawdown chart below to compare losses from any high point for EFRW.DE and SPY5.DE.

Drawdown Indicators

	EFRW.DE	SPY5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-7.12%	-33.86%	+26.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.49%	—
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	-5.35%	-5.19%	-0.16%
Average Drawdown Average peak-to-trough decline	-1.36%	-3.99%	+2.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.33%	—

Volatility

Volatility by Period

	EFRW.DE	SPY5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.40%	17.17%	-5.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.40%	15.21%	-3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.40%	16.12%	-4.72%