EUDV vs. SPY
Compare and contrast key facts about ProShares MSCI Europe Dividend Growers ETF (EUDV) and SPDR S&P 500 ETF (SPY).
EUDV and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUDV is a passively managed fund by ProShares that tracks the performance of the MSCI Europe Dividend Masters Index. It was launched on Sep 9, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both EUDV and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUDV or SPY.
Key characteristics
| EUDV | SPY | |
|---|---|---|
| YTD Return | 5.21% | 27.16% |
| 1Y Return | 19.22% | 37.73% |
| 3Y Return (Ann) | -1.69% | 10.28% |
| 5Y Return (Ann) | 5.00% | 15.97% |
| Sharpe Ratio | 1.53 | 3.25 |
| Sortino Ratio | 2.18 | 4.32 |
| Omega Ratio | 1.26 | 1.61 |
| Calmar Ratio | 0.87 | 4.74 |
| Martin Ratio | 8.06 | 21.51 |
| Ulcer Index | 2.42% | 1.85% |
| Daily Std Dev | 12.81% | 12.20% |
| Max Drawdown | -37.51% | -55.19% |
| Current Drawdown | -7.15% | 0.00% |
Correlation
The correlation between EUDV and SPY is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EUDV vs. SPY - Performance Comparison
In the year-to-date period, EUDV achieves a 5.21% return, which is significantly lower than SPY's 27.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EUDV vs. SPY - Expense Ratio Comparison
EUDV has a 0.55% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EUDV vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI Europe Dividend Growers ETF (EUDV) and SPDR S&P 500 ETF (SPY). 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.
Dividends
EUDV vs. SPY - Dividend Comparison
EUDV's dividend yield for the trailing twelve months is around 1.83%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUDV ProShares MSCI Europe Dividend Growers ETF | 1.83% | 1.87% | 1.77% | 2.31% | 1.27% | 2.20% | 2.22% | 2.33% | 2.53% | 0.37% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
EUDV vs. SPY - Drawdown Comparison
The maximum EUDV drawdown since its inception was -37.51%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EUDV and SPY. For additional features, visit the drawdowns tool.
Volatility
EUDV vs. SPY - Volatility Comparison
The current volatility for ProShares MSCI Europe Dividend Growers ETF (EUDV) is 3.60%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.92%. This indicates that EUDV experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.