EUDI.L vs. SPX5.L

Last updated Jun 5, 2026

EUDI.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) and SPX5.L (SPDR S&P 500 UCITS ETF) are both exchange-traded funds - EUDI.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while SPX5.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, EUDI.L returned 6.77%/yr vs 15.07%/yr for SPX5.L. A 0.57 correlation means they provide meaningful diversification when combined. EUDI.L charges 0.30%/yr vs 0.09%/yr for SPX5.L.

Performance

EUDI.L vs. SPX5.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 SPDR S&P 500 UCITS ETF (SPX5.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EUDI.L is traded in EUR, while SPX5.L is traded in GBP. To make them comparable, the SPX5.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 5.47% return, which is significantly lower than SPX5.L's 11.52% return. Over the past 10 years, EUDI.L has underperformed SPX5.L with an annualized return of 6.77%, while SPX5.L has yielded a comparatively higher 15.07% annualized return.

EUDI.L

• 1D: 0.08%
• 1M: -0.33%
• YTD: 5.47%
• 6M: 7.27%
• 1Y: 7.78%
• 3Y*: 13.19%
• 5Y*: 8.08%
• 10Y*: 6.77%

SPX5.L

• 1D: -0.04%
• 1M: 5.33%
• YTD: 11.52%
• 6M: 11.59%
• 1Y: 25.77%
• 3Y*: 18.85%
• 5Y*: 14.77%
• 10Y*: 15.07%

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

EUDI.L vs. SPX5.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	5.47%	19.78%	8.49%	17.82%	-10.65%	14.45%	-11.74%	21.41%	-7.83%	11.08%
SPX5.L SPDR S&P 500 UCITS ETF	11.52%	3.63%	33.62%	22.29%	-13.70%	39.48%	7.36%	34.80%	-1.27%	7.23%

Correlation

The correlation between EUDI.L and SPX5.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Aug 30, 2012	0.57

Over the past year, the correlation between EUDI.L and SPX5.L has dropped to 0.33 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.

EUDI.L vs. SPX5.L - Sectors Allocation Comparison

Sectors	EUDI.L	SPX5.L
Financial Services	23.1%	11.8%
Industrials	22.4%	8.3%
Utilities	19.5%	2.3%
Basic Materials	8.8%	1.8%
Consumer Defensive	7.9%	4.9%
Communication Services	6.7%	11.2%
Healthcare	5.7%	8.5%
Energy	2.7%	3.5%
Real Estate	1.9%	1.9%
Consumer Cyclical	1.3%	10.1%
Technology	-	35.6%

Return for Risk

EUDI.L vs. SPX5.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: 22
EUDI.L Sharpe Ratio Rank: 22
EUDI.L Sortino Ratio Rank: 20
EUDI.L Omega Ratio Rank: 21
EUDI.L Calmar Ratio Rank: 22
EUDI.L Martin Ratio Rank: 24

SPX5.L

SPX5.L Risk / Return Rank: 83
SPX5.L Sharpe Ratio Rank: 85
SPX5.L Sortino Ratio Rank: 84
SPX5.L Omega Ratio Rank: 86
SPX5.L Calmar Ratio Rank: 81
SPX5.L Martin Ratio Rank: 79

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. SPX5.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 SPDR S&P 500 UCITS ETF (SPX5.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	SPX5.L	Difference
Sharpe ratio: Return per unit of total volatility	0.72	2.30	-1.58
Sortino ratio: Return per unit of downside risk	1.04	3.12	-2.07
Omega ratio: Gain probability vs. loss probability	1.14	1.43	-0.29
Calmar ratio: Return relative to maximum drawdown	0.97	3.60	-2.63
Martin ratio: Return relative to average drawdown	3.09	13.02	-9.93
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. SPX5.L - Sharpe Ratio Comparison

The current EUDI.L Sharpe Ratio is 0.72, which is lower than the SPX5.L Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of EUDI.L and SPX5.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	SPX5.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	2.30	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.98	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.94	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.96	-0.39

Drawdowns

EUDI.L vs. SPX5.L - Drawdown Comparison

The maximum EUDI.L drawdown since its inception was -37.76%, which is greater than SPX5.L's maximum drawdown of -32.89%. Use the drawdown chart below to compare losses from any high point for EUDI.L and SPX5.L.

Drawdown Indicators

	EUDI.L	SPX5.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.76%	-32.89%	-4.87%
Max Drawdown (1Y) Largest decline over 1 year	-7.96%	-7.12%	-0.84%
Max Drawdown (3Y) Largest decline over 3 years	-11.67%	-22.23%	+10.56%
Max Drawdown (5Y) Largest decline over 5 years	-24.00%	-22.23%	-1.77%
Max Drawdown (10Y) Largest decline over 10 years	-37.76%	-32.89%	-4.87%
Current Drawdown Current decline from peak	-2.57%	-0.40%	-2.17%
Average Drawdown Average peak-to-trough decline	-5.78%	-3.92%	-1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	1.97%	+0.54%

Volatility

EUDI.L vs. SPX5.L - Volatility Comparison

SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) has a higher volatility of 3.25% compared to SPDR S&P 500 UCITS ETF (SPX5.L) at 2.19%. This indicates that EUDI.L's price experiences larger fluctuations and is considered to be riskier than SPX5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDI.L	SPX5.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	2.19%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	8.84%	7.42%	+1.42%
Volatility (1Y) Calculated over the trailing 1-year period	10.77%	11.17%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.40%	15.00%	-1.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.88%	16.05%	-1.17%

EUDI.L vs. SPX5.L - Expense Ratio Comparison

EUDI.L has a 0.30% expense ratio, which is higher than SPX5.L's 0.09% expense ratio.

Dividends

EUDI.L vs. SPX5.L - Dividend Comparison

EUDI.L's dividend yield for the trailing twelve months is around 3.60%, more than SPX5.L's 0.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUDI.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.60%	4.08%	3.66%	3.31%	3.61%	2.80%	3.07%	3.12%	3.71%	3.15%	2.97%	3.01%
SPX5.L SPDR S&P 500 UCITS ETF	0.89%	0.98%	1.04%	1.21%	1.39%	0.98%	1.40%	1.76%	1.71%	2.36%	1.49%	1.68%

Frequently Asked Questions

Can I hold both EUDI.L and SPX5.L in my portfolio?

EUDI.L and SPX5.L have a correlation of 0.33, 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 SPX5.L?

On fees, SPX5.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUDI.L or SPX5.L?

SPX5.L is cheaper with a 0.09% expense ratio, compared with 0.30% for EUDI.L.

What is the main difference between EUDI.L and SPX5.L?

EUDI.L is categorized as Europe Equities, while SPX5.L is S&P 500. EUDI.L tracks MSCI EMU NR EUR, while SPX5.L tracks S&P 500 Index. Their fees differ too: 0.30% for EUDI.L and 0.09% for SPX5.L.