EXH3.DE vs. SPYR.DE
EXH3.DE (iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE)) and SPYR.DE (SPDR MSCI Europe Consumer Discretionary UCITS ETF) are both Consumer Staples Equities funds - EXH3.DE tracks the STOXX® Europe 600 Food & Beverage while SPYR.DE tracks the MSCI Europe Consumer Discretionary 20/35 Capped. Both are passively managed. Over the past 10 years, EXH3.DE returned 2.22%/yr vs 5.59%/yr for SPYR.DE. A 0.57 correlation means they provide meaningful diversification when combined. EXH3.DE charges 0.46%/yr vs 0.18%/yr for SPYR.DE.
Performance
EXH3.DE vs. SPYR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXH3.DE achieves a 10.86% return, which is significantly higher than SPYR.DE's -8.34% return. Over the past 10 years, EXH3.DE has underperformed SPYR.DE with an annualized return of 2.22%, while SPYR.DE has yielded a comparatively higher 5.59% annualized return.
EXH3.DE
- 1D
- 0.31%
- 1M
- 6.61%
- 6M
- 11.07%
- YTD
- 10.86%
- 1Y
- 8.24%
- 3Y*
- -1.83%
- 5Y*
- -1.74%
- 10Y*
- 2.22%
SPYR.DE
- 1D
- -1.15%
- 1M
- -0.53%
- 6M
- -5.60%
- YTD
- -8.34%
- 1Y
- -0.84%
- 3Y*
- -2.77%
- 5Y*
- -0.37%
- 10Y*
- 5.59%
EXH3.DE vs. SPYR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXH3.DE iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) | 10.86% | 0.44% | -10.82% | -2.05% | -13.20% | 22.57% | -6.15% | 29.56% | -7.32% | 12.78% |
SPYR.DE SPDR MSCI Europe Consumer Discretionary UCITS ETF | -8.34% | 2.47% | 3.29% | 15.35% | -15.95% | 21.86% | 5.93% | 35.34% | -15.45% | 10.29% |
Correlation
The correlation between EXH3.DE and SPYR.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2010 | 0.57 |
The correlation between EXH3.DE and SPYR.DE shifts across timeframes, from 0.44 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EXH3.DE vs. SPYR.DE — Risk / Return Rank
EXH3.DE
SPYR.DE
EXH3.DE vs. SPYR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) (EXH3.DE) and SPDR MSCI Europe Consumer Discretionary UCITS ETF (SPYR.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EXH3.DE | SPYR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.01 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | -0.04 | +0.68 |
| Martin ratioReturn relative to average drawdown | 1.44 | -0.09 | +1.53 |
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Drawdowns
EXH3.DE vs. SPYR.DE - Drawdown Comparison
The maximum EXH3.DE drawdown since its inception was -39.85%, roughly equal to the maximum SPYR.DE drawdown of -41.59%. Use the drawdown chart below to compare losses from any high point for EXH3.DE and SPYR.DE.
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Drawdown Indicators
| EXH3.DE | SPYR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.85% | -41.59% | +1.74% |
Max Drawdown (1Y)Largest decline over 1 year | -12.77% | -20.59% | +7.82% |
Max Drawdown (3Y)Largest decline over 3 years | -21.11% | -26.58% | +5.47% |
Max Drawdown (5Y)Largest decline over 5 years | -28.68% | -29.92% | +1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -30.20% | -41.59% | +11.39% |
Current DrawdownCurrent decline from peak | -16.95% | -16.30% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -8.99% | -8.86% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.69% | 9.29% | -3.60% |
Volatility
EXH3.DE vs. SPYR.DE - Volatility Comparison
iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) (EXH3.DE) and SPDR MSCI Europe Consumer Discretionary UCITS ETF (SPYR.DE) have volatilities of 5.50% and 5.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXH3.DE | SPYR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 5.40% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.45% | 15.92% | -3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.93% | 19.43% | -3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.28% | 21.10% | -6.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.40% | 20.48% | -6.08% |
EXH3.DE vs. SPYR.DE - Expense Ratio Comparison
EXH3.DE has a 0.46% expense ratio, which is higher than SPYR.DE's 0.18% expense ratio.
Dividends
EXH3.DE vs. SPYR.DE - Dividend Comparison
EXH3.DE's dividend yield for the trailing twelve months is around 2.25%, while SPYR.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXH3.DE iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) | 2.25% | 2.10% | 2.16% | 1.70% | 1.56% | 0.88% | 1.45% | 1.46% | 1.70% | 2.08% | 2.45% | 2.52% |
SPYR.DE SPDR MSCI Europe Consumer Discretionary UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EXH3.DE and SPYR.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYR.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYR.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for EXH3.DE.
EXH3.DE tracks STOXX® Europe 600 Food & Beverage, while SPYR.DE tracks MSCI Europe Consumer Discretionary 20/35 Capped. They also come from different issuers: iShares and State Street. Their fees differ too: 0.46% for EXH3.DE and 0.18% for SPYR.DE.
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