EUDV.L vs. EDIV.L

Last updated Jun 5, 2026

EUDV.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) and EDIV.L (Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc) are both Europe Equities funds tracking the MSCI EMU NR EUR, from State Street and Amundi respectively. Both are passively managed. Over the past 3 years, EUDV.L returned 13.32%/yr vs 11.74%/yr for EDIV.L. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.30% expense ratio.

Performance

EUDV.L vs. EDIV.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) and Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc (EDIV.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUDV.L achieves a 4.50% return, which is significantly higher than EDIV.L's 4.01% return.

EUDV.L

• 1D: 0.21%
• 1M: -0.08%
• YTD: 4.50%
• 6M: 6.32%
• 1Y: 10.80%
• 3Y*: 13.32%
• 5Y*: 8.23%
• 10Y*: 7.85%

EDIV.L

• 1D: 0.35%
• 1M: -0.15%
• YTD: 4.01%
• 6M: 5.33%
• 1Y: 8.63%
• 3Y*: 11.74%
• 5Y*: —
• 10Y*: —

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

EUDV.L vs. EDIV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EUDV.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	4.50%	25.91%	3.63%	15.58%	-5.76%	-3.24%
EDIV.L Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc	4.01%	22.12%	4.15%	13.54%	-8.59%	-2.44%

Correlation

The correlation between EUDV.L and EDIV.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Sep 1, 2021	0.96

The correlation between EUDV.L and EDIV.L has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

EUDV.L vs. EDIV.L - Sectors Allocation Comparison

Sectors	EUDV.L	EDIV.L
Financial Services	23.1%	24.7%
Industrials	22.4%	19.6%
Utilities	19.5%	17.6%
Basic Materials	8.8%	6.7%
Consumer Defensive	7.9%	7.6%
Communication Services	6.7%	7.0%
Healthcare	5.7%	8.6%
Energy	2.7%	1.6%
Real Estate	1.9%	1.1%
Consumer Cyclical	1.3%	1.8%
Technology	-	3.8%

Return for Risk

EUDV.L vs. EDIV.L — Risk / Return Rank

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

EUDV.L

EUDV.L Risk / Return Rank: 27
EUDV.L Sharpe Ratio Rank: 29
EUDV.L Sortino Ratio Rank: 27
EUDV.L Omega Ratio Rank: 28
EUDV.L Calmar Ratio Rank: 25
EUDV.L Martin Ratio Rank: 27

EDIV.L

EDIV.L Risk / Return Rank: 23
EDIV.L Sharpe Ratio Rank: 24
EDIV.L Sortino Ratio Rank: 22
EDIV.L Omega Ratio Rank: 22
EDIV.L Calmar Ratio Rank: 22
EDIV.L Martin Ratio Rank: 24

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.

EUDV.L vs. EDIV.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) and Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc (EDIV.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.

	EUDV.L	EDIV.L	Difference
Sharpe ratio: Return per unit of total volatility	1.00	0.80	+0.21
Sortino ratio: Return per unit of downside risk	1.40	1.13	+0.27
Omega ratio: Gain probability vs. loss probability	1.19	1.15	+0.04
Calmar ratio: Return relative to maximum drawdown	1.17	0.97	+0.21
Martin ratio: Return relative to average drawdown	3.75	3.14	+0.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUDV.L vs. EDIV.L - Sharpe Ratio Comparison

The current EUDV.L Sharpe Ratio is 1.00, which is comparable to the EDIV.L Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of EUDV.L and EDIV.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

	EUDV.L	EDIV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	0.80	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.45	+0.10

Drawdowns

EUDV.L vs. EDIV.L - Drawdown Comparison

The maximum EUDV.L drawdown since its inception was -31.64%, which is greater than EDIV.L's maximum drawdown of -22.80%. Use the drawdown chart below to compare losses from any high point for EUDV.L and EDIV.L.

Drawdown Indicators

	EUDV.L	EDIV.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.64%	-22.80%	-8.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.19%	-8.91%	-0.28%
Max Drawdown (3Y) Largest decline over 3 years	-9.82%	-10.13%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-22.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.64%	—	—
Current Drawdown Current decline from peak	-4.04%	-3.96%	-0.08%
Average Drawdown Average peak-to-trough decline	-5.25%	-5.26%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.74%	+0.13%

Volatility

EUDV.L vs. EDIV.L - Volatility Comparison

The current volatility for SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDV.L) is 2.61%, while Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - Acc (EDIV.L) has a volatility of 3.03%. This indicates that EUDV.L experiences smaller price fluctuations and is considered to be less risky than EDIV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUDV.L	EDIV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.61%	3.03%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	8.97%	8.95%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.75%	10.82%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.50%	14.01%	-0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.86%	14.01%	+0.85%

EUDV.L vs. EDIV.L - Expense Ratio Comparison

Both EUDV.L and EDIV.L have an expense ratio of 0.30%.

Dividends

EUDV.L vs. EDIV.L - Dividend Comparison

EUDV.L's dividend yield for the trailing twelve months is around 3.62%, while EDIV.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDIV.L Lyxor S&P Eurozone ESG Dividend Aristocrats (DR) UCITS ETF - 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%
EUDV.L SPDR® S&P Euro Dividend Aristocrats UCITS ETF	3.62%	4.04%	3.68%	3.29%	3.56%	2.86%	3.14%	3.52%	3.71%	3.14%	2.94%	2.97%

Frequently Asked Questions

Can I hold both EUDV.L and EDIV.L in my portfolio?

With a correlation of 0.94, EUDV.L and EDIV.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EUDV.L or EDIV.L?

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUDV.L or EDIV.L?

EUDV.L and EDIV.L have the same expense ratio: 0.30% per year.

What is the main difference between EUDV.L and EDIV.L?

Both ETFs track MSCI EMU NR EUR. They also come from different issuers: State Street and Amundi.