EUDI.L vs. GOOGL

Last updated Jul 21, 2026

EUDI.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) is Europe Equities fund tracking the MSCI EMU NR EUR, while GOOGL (Alphabet Inc. Class A) is a stock. Over the past 10 years, EUDI.L returned 7.32%/yr vs 24.57%/yr for GOOGL. At a 0.26 correlation, their price movements are largely independent.

Performance

EUDI.L vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) and Alphabet Inc. Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EUDI.L is traded in EUR, while GOOGL is traded in USD. To make them comparable, the GOOGL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EUDI.L achieves a 10.10% return, which is significantly lower than GOOGL's 15.87% return. Over the past 10 years, EUDI.L has underperformed GOOGL with an annualized return of 7.32%, while GOOGL has yielded a comparatively higher 24.57% annualized return.

EUDI.L

• 1D: -0.40%
• 1M: 2.39%
• 6M: 9.66%
• YTD: 10.10%
• 1Y: 14.49%
• 3Y*: 14.58%
• 5Y*: 9.13%
• 10Y*: 7.32%
• ALL TIME*: 8.38%

GOOGL

• 1D: 1.71%
• 1M: -3.96%
• 6M: 8.52%
• YTD: 15.87%
• 1Y: 94.21%
• 3Y*: 42.34%
• 5Y*: 23.54%
• 10Y*: 24.57%
• ALL TIME*: 19.27%

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

EUDI.L vs. GOOGL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	10.10%	19.78%	8.49%	17.84%	-10.67%	14.45%	-11.74%	21.42%	-7.84%	11.12%
GOOGL Alphabet Inc. Class A	15.87%	46.30%	44.98%	53.58%	-35.31%	77.66%	20.07%	31.07%	3.86%	16.59%

Correlation

The correlation between EUDI.L and GOOGL is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Mar 1, 2012	0.26

Over the past year, the correlation between EUDI.L and GOOGL has dropped to 0.06 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.

Return for Risk

EUDI.L vs. GOOGL — Risk / Return Rank

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

EUDI.L

EUDI.L Risk / Return Rank: 50
EUDI.L Sharpe Ratio Rank: 52
EUDI.L Sortino Ratio Rank: 49
EUDI.L Omega Ratio Rank: 55
EUDI.L Calmar Ratio Rank: 47
EUDI.L Martin Ratio Rank: 48

GOOGL

GOOGL Risk / Return Rank: 95
GOOGL Sharpe Ratio Rank: 97
GOOGL Sortino Ratio Rank: 97
GOOGL Omega Ratio Rank: 96
GOOGL Calmar Ratio Rank: 93
GOOGL Martin Ratio Rank: 94

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.

EUDI.L vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) and Alphabet Inc. Class A (GOOGL). 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.

	EUDI.L	GOOGL	Difference
Sharpe ratio: Return per unit of total volatility	1.34	3.17	-1.83
Sortino ratio: Return per unit of downside risk	1.87	4.26	-2.40
Omega ratio: Gain probability vs. loss probability	1.26	1.53	-0.27
Calmar ratio: Return relative to maximum drawdown	1.81	5.21	-3.40
Martin ratio: Return relative to average drawdown	5.98	15.69	-9.71

EUDI.L vs. GOOGL - Sharpe Ratio Comparison

The current EUDI.L Sharpe Ratio is 1.34, which is lower than the GOOGL Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of EUDI.L and GOOGL, 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

EUDI.L vs. GOOGL - Drawdown Comparison

The maximum EUDI.L drawdown since its inception was -37.79%, smaller than the maximum GOOGL drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for EUDI.L and GOOGL.

Drawdown Indicators

	EUDI.L	GOOGL	Difference
Max Drawdown Largest peak-to-trough decline	-37.79%	-60.91%	+23.12%
Max Drawdown (1Y) Largest decline over 1 year	-7.96%	-18.17%	+10.21%
Max Drawdown (3Y) Largest decline over 3 years	-11.66%	-35.42%	+23.76%
Max Drawdown (5Y) Largest decline over 5 years	-24.02%	-38.62%	+14.60%
Max Drawdown (10Y) Largest decline over 10 years	-37.79%	-38.62%	+0.83%
Current Drawdown Current decline from peak	-0.40%	-10.23%	+9.83%
Average Drawdown Average peak-to-trough decline	-5.56%	-12.63%	+7.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	6.02%	-3.60%

Volatility

EUDI.L vs. GOOGL - Volatility Comparison

The current volatility for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) is 2.56%, while Alphabet Inc. Class A (GOOGL) has a volatility of 10.07%. This indicates that EUDI.L experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDI.L	GOOGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	10.07%	-7.51%
Volatility (6M) Calculated over the trailing 6-month period	8.95%	21.62%	-12.67%
Volatility (1Y) Calculated over the trailing 1-year period	10.76%	29.95%	-19.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	31.36%	-18.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.58%	29.50%	-14.92%

Dividends

EUDI.L vs. GOOGL - Dividend Comparison

EUDI.L's dividend yield for the trailing twelve months is around 3.45%, more than GOOGL's 0.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.45%	4.08%	3.66%	3.31%	3.61%	2.80%	3.07%	3.12%	3.71%	3.15%	2.97%	3.01%
GOOGL Alphabet Inc. Class A	0.24%	0.27%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EUDI.L and GOOGL in my portfolio?

EUDI.L and GOOGL have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.