EUMD.L vs. SPY
Compare and contrast key facts about iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) (EUMD.L) and SPDR S&P 500 ETF (SPY).
EUMD.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUMD.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe SMID NR EUR. It was launched on May 22, 2017. 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 EUMD.L 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: EUMD.L or SPY.
Correlation
The correlation between EUMD.L and SPY is 0.51, 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
EUMD.L vs. SPY - Performance Comparison
Key characteristics
EUMD.L:
1.40
SPY:
1.75
EUMD.L:
1.98
SPY:
2.36
EUMD.L:
1.25
SPY:
1.32
EUMD.L:
2.05
SPY:
2.66
EUMD.L:
7.55
SPY:
11.01
EUMD.L:
2.07%
SPY:
2.03%
EUMD.L:
11.13%
SPY:
12.77%
EUMD.L:
-37.48%
SPY:
-55.19%
EUMD.L:
-1.41%
SPY:
-2.12%
Returns By Period
In the year-to-date period, EUMD.L achieves a 7.48% return, which is significantly higher than SPY's 2.36% return.
EUMD.L
7.48%
4.21%
9.18%
15.85%
5.84%
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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EUMD.L vs. SPY - Expense Ratio Comparison
EUMD.L has a 0.15% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
EUMD.L vs. SPY — Risk-Adjusted Performance Rank
EUMD.L
SPY
EUMD.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) (EUMD.L) 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
EUMD.L vs. SPY - Dividend Comparison
EUMD.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUMD.L iShares MSCI Europe Mid Cap UCITS ETF EUR (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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EUMD.L vs. SPY - Drawdown Comparison
The maximum EUMD.L drawdown since its inception was -37.48%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EUMD.L and SPY. For additional features, visit the drawdowns tool.
Volatility
EUMD.L vs. SPY - Volatility Comparison
iShares MSCI Europe Mid Cap UCITS ETF EUR (Acc) (EUMD.L) has a higher volatility of 3.56% compared to SPDR S&P 500 ETF (SPY) at 3.32%. This indicates that EUMD.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.