EUNL.DE vs. SPY
Compare and contrast key facts about iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) and SPDR S&P 500 ETF (SPY).
EUNL.DE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUNL.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Sep 25, 2009. 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 EUNL.DE 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: EUNL.DE or SPY.
Performance
EUNL.DE vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with EUNL.DE having a 24.48% return and SPY slightly higher at 24.91%. Over the past 10 years, EUNL.DE has underperformed SPY with an annualized return of 11.63%, while SPY has yielded a comparatively higher 13.04% annualized return.
EUNL.DE
24.48%
2.27%
10.68%
30.76%
13.06%
11.63%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| EUNL.DE | SPY | |
|---|---|---|
| Sharpe Ratio | 2.71 | 2.67 |
| Sortino Ratio | 3.63 | 3.56 |
| Omega Ratio | 1.56 | 1.50 |
| Calmar Ratio | 3.63 | 3.85 |
| Martin Ratio | 17.45 | 17.38 |
| Ulcer Index | 1.69% | 1.86% |
| Daily Std Dev | 10.89% | 12.17% |
| Max Drawdown | -33.63% | -55.19% |
| Current Drawdown | -1.09% | -1.77% |
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EUNL.DE vs. SPY - Expense Ratio Comparison
EUNL.DE has a 0.20% 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%.
Correlation
The correlation between EUNL.DE and SPY is 0.61, 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.
Risk-Adjusted Performance
EUNL.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) 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
EUNL.DE vs. SPY - Dividend Comparison
EUNL.DE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNL.DE iShares Core MSCI World UCITS ETF USD (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 | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
EUNL.DE vs. SPY - Drawdown Comparison
The maximum EUNL.DE drawdown since its inception was -33.63%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EUNL.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
EUNL.DE vs. SPY - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) is 3.35%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. This indicates that EUNL.DE 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.