ESGP.DE vs. SPYA.DE

Last updated Jun 5, 2026

ESGP.DE (HANetf AuAg ESG Gold Mining UCITS ETF) and SPYA.DE (SPDR MSCI EM Asia UCITS ETF) are both Asia Pacific Equities funds - ESGP.DE tracks the MSCI Pacific Ex Japan NR USD while SPYA.DE tracks the MSCI Emerging Markets Asia. Both are passively managed. Over the past 3 years, ESGP.DE returned 9.26%/yr vs 22.22%/yr for SPYA.DE. A 0.66 correlation means they provide meaningful diversification when combined. ESGP.DE charges 0.60%/yr vs 0.55%/yr for SPYA.DE.

Performance

ESGP.DE vs. SPYA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) and SPDR MSCI EM Asia UCITS ETF (SPYA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESGP.DE achieves a 6.87% return, which is significantly lower than SPYA.DE's 32.76% return.

ESGP.DE

• 1D: -0.72%
• 1M: -0.42%
• YTD: 6.87%
• 6M: 8.16%
• 1Y: 11.61%
• 3Y*: 9.26%
• 5Y*: —
• 10Y*: —

SPYA.DE

• 1D: -1.79%
• 1M: 7.19%
• YTD: 32.76%
• 6M: 34.22%
• 1Y: 53.92%
• 3Y*: 22.22%
• 5Y*: 8.39%
• 10Y*: 10.77%

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

ESGP.DE vs. SPYA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ESGP.DE HANetf AuAg ESG Gold Mining UCITS ETF	6.87%	5.79%	12.94%	2.10%	-2.36%	2.35%
SPYA.DE SPDR MSCI EM Asia UCITS ETF	32.76%	17.77%	17.39%	3.14%	-16.02%	-0.03%

Correlation

The correlation between ESGP.DE and SPYA.DE is 0.61, 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	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Aug 30, 2021	0.66

The correlation between ESGP.DE and SPYA.DE has been stable across timeframes, ranging from 0.61 to 0.66 - a consistent structural relationship.

Return for Risk

ESGP.DE vs. SPYA.DE — Risk / Return Rank

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

ESGP.DE

ESGP.DE Risk / Return Rank: 32
ESGP.DE Sharpe Ratio Rank: 29
ESGP.DE Sortino Ratio Rank: 29
ESGP.DE Omega Ratio Rank: 27
ESGP.DE Calmar Ratio Rank: 38
ESGP.DE Martin Ratio Rank: 35

SPYA.DE

SPYA.DE Risk / Return Rank: 85
SPYA.DE Sharpe Ratio Rank: 87
SPYA.DE Sortino Ratio Rank: 83
SPYA.DE Omega Ratio Rank: 83
SPYA.DE Calmar Ratio Rank: 87
SPYA.DE Martin Ratio Rank: 84

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.

ESGP.DE vs. SPYA.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) and SPDR MSCI EM Asia UCITS ETF (SPYA.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.

	ESGP.DE	SPYA.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.02	2.80	-1.78
Sortino ratio: Return per unit of downside risk	1.56	3.64	-2.08
Omega ratio: Gain probability vs. loss probability	1.18	1.49	-0.31
Calmar ratio: Return relative to maximum drawdown	1.83	4.82	-2.99
Martin ratio: Return relative to average drawdown	5.36	16.86	-11.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGP.DE vs. SPYA.DE - Sharpe Ratio Comparison

The current ESGP.DE Sharpe Ratio is 1.02, which is lower than the SPYA.DE Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of ESGP.DE and SPYA.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

	ESGP.DE	SPYA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	2.80	-1.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.45	-0.06

Drawdowns

ESGP.DE vs. SPYA.DE - Drawdown Comparison

The maximum ESGP.DE drawdown since its inception was -20.50%, smaller than the maximum SPYA.DE drawdown of -35.34%. Use the drawdown chart below to compare losses from any high point for ESGP.DE and SPYA.DE.

Drawdown Indicators

	ESGP.DE	SPYA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.50%	-35.34%	+14.84%
Max Drawdown (1Y) Largest decline over 1 year	-6.31%	-11.13%	+4.82%
Max Drawdown (3Y) Largest decline over 3 years	-20.50%	-21.39%	+0.89%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.85%	—
Current Drawdown Current decline from peak	-2.57%	-2.98%	+0.41%
Average Drawdown Average peak-to-trough decline	-5.31%	-10.94%	+5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	3.19%	-1.03%

Volatility

ESGP.DE vs. SPYA.DE - Volatility Comparison

The current volatility for HANetf AuAg ESG Gold Mining UCITS ETF (ESGP.DE) is 3.24%, while SPDR MSCI EM Asia UCITS ETF (SPYA.DE) has a volatility of 8.10%. This indicates that ESGP.DE experiences smaller price fluctuations and is considered to be less risky than SPYA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGP.DE	SPYA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	8.10%	-4.86%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	16.09%	-7.41%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	19.17%	-7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.54%	18.38%	-3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.54%	19.19%	-4.65%

ESGP.DE vs. SPYA.DE - Expense Ratio Comparison

ESGP.DE has a 0.60% expense ratio, which is higher than SPYA.DE's 0.55% expense ratio.

Dividends

ESGP.DE vs. SPYA.DE - Dividend Comparison

Neither ESGP.DE nor SPYA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESGP.DE and SPYA.DE in my portfolio?

ESGP.DE and SPYA.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGP.DE or SPYA.DE?

On fees, SPYA.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGP.DE or SPYA.DE?

SPYA.DE is cheaper with a 0.55% expense ratio, compared with 0.60% for ESGP.DE.

What is the main difference between ESGP.DE and SPYA.DE?

ESGP.DE tracks MSCI Pacific Ex Japan NR USD, while SPYA.DE tracks MSCI Emerging Markets Asia. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.60% for ESGP.DE and 0.55% for SPYA.DE.