EUDI.L vs. MOAT.L

Last updated Jun 7, 2026

EUDI.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) and MOAT.L (VanEck Morningstar US Sustainable Wide Moat UCITS ETF) are both exchange-traded funds - EUDI.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while MOAT.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 10 years, EUDI.L returned 6.74%/yr vs 10.34%/yr for MOAT.L. A 0.57 correlation means they provide meaningful diversification when combined. EUDI.L charges 0.30%/yr vs 0.49%/yr for MOAT.L.

Performance

EUDI.L vs. MOAT.L - 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 VanEck Morningstar US Sustainable Wide Moat UCITS ETF (MOAT.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EUDI.L is traded in EUR, while MOAT.L is traded in USD. To make them comparable, the MOAT.L 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 6.07% return, which is significantly higher than MOAT.L's -1.61% return. Over the past 10 years, EUDI.L has underperformed MOAT.L with an annualized return of 6.74%, while MOAT.L has yielded a comparatively higher 10.34% annualized return.

EUDI.L

• 1D: 0.59%
• 1M: 0.80%
• YTD: 6.07%
• 6M: 8.08%
• 1Y: 7.91%
• 3Y*: 13.29%
• 5Y*: 8.20%
• 10Y*: 6.74%

MOAT.L

• 1D: -0.07%
• 1M: 3.72%
• YTD: -1.61%
• 6M: -2.96%
• 1Y: 5.80%
• 3Y*: 5.17%
• 5Y*: 4.13%
• 10Y*: 10.34%

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

EUDI.L vs. MOAT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	6.07%	19.78%	8.49%	17.84%	-10.67%	14.45%	-11.74%	21.42%	-7.84%	11.12%
MOAT.L VanEck Morningstar US Sustainable Wide Moat UCITS ETF	-1.61%	-5.40%	18.45%	14.82%	-13.66%	34.92%	4.26%	36.80%	2.98%	7.46%

Correlation

The correlation between EUDI.L and MOAT.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Oct 19, 2015	0.57

The correlation between EUDI.L and MOAT.L shifts across timeframes, from 0.44 (3 years) to 0.57 (all time), reflecting how their relationship changes across market environments.

EUDI.L vs. MOAT.L - Sectors Allocation Comparison

Sectors	EUDI.L	MOAT.L
Financial Services	23.1%	7.4%
Industrials	22.4%	8.8%
Utilities	19.5%	-
Basic Materials	8.8%	4.2%
Consumer Defensive	7.9%	18.1%
Communication Services	6.7%	6.2%
Healthcare	5.7%	23.2%
Energy	2.7%	-
Real Estate	1.9%	0.5%
Consumer Cyclical	1.3%	7.4%
Technology	-	24.3%

Return for Risk

EUDI.L vs. MOAT.L — 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: 24
EUDI.L Sharpe Ratio Rank: 24
EUDI.L Sortino Ratio Rank: 22
EUDI.L Omega Ratio Rank: 23
EUDI.L Calmar Ratio Rank: 24
EUDI.L Martin Ratio Rank: 26

MOAT.L

MOAT.L Risk / Return Rank: 18
MOAT.L Sharpe Ratio Rank: 18
MOAT.L Sortino Ratio Rank: 19
MOAT.L Omega Ratio Rank: 17
MOAT.L Calmar Ratio Rank: 17
MOAT.L Martin Ratio Rank: 17

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. MOAT.L - 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 VanEck Morningstar US Sustainable Wide Moat UCITS ETF (MOAT.L). 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.

	EUDI.L	MOAT.L	Difference
Sharpe ratio: Return per unit of total volatility	0.77	0.47	+0.29
Sortino ratio: Return per unit of downside risk	1.10	0.78	+0.32
Omega ratio: Gain probability vs. loss probability	1.15	1.09	+0.06
Calmar ratio: Return relative to maximum drawdown	1.03	0.60	+0.44
Martin ratio: Return relative to average drawdown	3.27	1.39	+1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUDI.L vs. MOAT.L - Sharpe Ratio Comparison

The current EUDI.L Sharpe Ratio is 0.77, which is higher than the MOAT.L Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of EUDI.L and MOAT.L, 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

	EUDI.L	MOAT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	0.47	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.26	+0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.60	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.63	-0.09

Drawdowns

EUDI.L vs. MOAT.L - Drawdown Comparison

The maximum EUDI.L drawdown since its inception was -37.79%, which is greater than MOAT.L's maximum drawdown of -32.10%. Use the drawdown chart below to compare losses from any high point for EUDI.L and MOAT.L.

Drawdown Indicators

	EUDI.L	MOAT.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.79%	-32.10%	-5.69%
Max Drawdown (1Y) Largest decline over 1 year	-7.96%	-11.03%	+3.07%
Max Drawdown (3Y) Largest decline over 3 years	-11.66%	-24.82%	+13.16%
Max Drawdown (5Y) Largest decline over 5 years	-24.02%	-24.82%	+0.80%
Max Drawdown (10Y) Largest decline over 10 years	-37.79%	-32.10%	-5.69%
Current Drawdown Current decline from peak	-2.02%	-10.13%	+8.11%
Average Drawdown Average peak-to-trough decline	-5.61%	-5.82%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	4.77%	-2.28%

Volatility

EUDI.L vs. MOAT.L - Volatility Comparison

The current volatility for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) is 2.98%, while VanEck Morningstar US Sustainable Wide Moat UCITS ETF (MOAT.L) has a volatility of 3.47%. This indicates that EUDI.L experiences smaller price fluctuations and is considered to be less risky than MOAT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDI.L	MOAT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	3.47%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	8.84%	9.63%	-0.79%
Volatility (1Y) Calculated over the trailing 1-year period	10.75%	13.91%	-3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.40%	16.06%	-2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.87%	17.24%	-2.37%

EUDI.L vs. MOAT.L - Expense Ratio Comparison

EUDI.L has a 0.30% expense ratio, which is lower than MOAT.L's 0.49% expense ratio.

Dividends

EUDI.L vs. MOAT.L - Dividend Comparison

EUDI.L's dividend yield for the trailing twelve months is around 3.58%, while MOAT.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.58%	4.08%	3.66%	3.31%	3.61%	2.80%	3.07%	3.12%	3.71%	3.15%	2.97%	3.01%
MOAT.L VanEck Morningstar US Sustainable Wide Moat 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%

Frequently Asked Questions

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

EUDI.L and MOAT.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUDI.L or MOAT.L?

On fees, EUDI.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUDI.L or MOAT.L?

EUDI.L is cheaper with a 0.30% expense ratio, compared with 0.49% for MOAT.L.

What is the main difference between EUDI.L and MOAT.L?

EUDI.L is categorized as Europe Equities, while MOAT.L is Large Cap Blend Equities. EUDI.L tracks MSCI EMU NR EUR, while MOAT.L tracks Russell 1000 TR USD. They also come from different issuers: State Street and VanEck. Their fees differ too: 0.30% for EUDI.L and 0.49% for MOAT.L.