EXH9.DE vs. SPYU.DE
EXH9.DE (iShares STOXX Europe 600 Utilities UCITS ETF (DE)) and SPYU.DE (SPDR MSCI Europe Utilities UCITS ETF) are both Utilities Equities funds - EXH9.DE tracks the STOXX® Europe 600 Utilities while SPYU.DE tracks the MSCI Europe Utilities 20/35 Capped. Both are passively managed. Over the past 10 years, EXH9.DE returned 10.74%/yr vs 10.70%/yr for SPYU.DE. With a 0.99 correlation, they move nearly in lockstep. EXH9.DE charges 0.47%/yr vs 0.18%/yr for SPYU.DE.
Performance
EXH9.DE vs. SPYU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXH9.DE achieves a 12.41% return, which is significantly lower than SPYU.DE's 13.06% return. Both investments have delivered pretty close results over the past 10 years, with EXH9.DE having a 10.74% annualized return and SPYU.DE not far behind at 10.70%.
EXH9.DE
- 1D
- -0.18%
- 1M
- -3.20%
- YTD
- 12.41%
- 6M
- 13.56%
- 1Y
- 25.76%
- 3Y*
- 16.47%
- 5Y*
- 11.76%
- 10Y*
- 10.74%
SPYU.DE
- 1D
- -0.28%
- 1M
- -3.02%
- YTD
- 13.06%
- 6M
- 14.07%
- 1Y
- 26.75%
- 3Y*
- 16.61%
- 5Y*
- 11.82%
- 10Y*
- 10.70%
EXH9.DE vs. SPYU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXH9.DE iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 12.41% | 33.92% | 1.25% | 13.58% | -7.50% | 8.84% | 10.88% | 31.91% | 1.47% | 9.93% |
SPYU.DE SPDR MSCI Europe Utilities UCITS ETF | 13.06% | 34.39% | 0.99% | 13.57% | -7.97% | 8.80% | 11.01% | 31.91% | 2.41% | 9.05% |
Correlation
The correlation between EXH9.DE and SPYU.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.99 |
The correlation between EXH9.DE and SPYU.DE has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXH9.DE vs. SPYU.DE — Risk / Return Rank
EXH9.DE
SPYU.DE
EXH9.DE vs. SPYU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Utilities UCITS ETF (DE) (EXH9.DE) and SPDR MSCI Europe Utilities UCITS ETF (SPYU.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.
| EXH9.DE | SPYU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.33 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.44 | 3.59 | -0.14 |
| Martin ratioReturn relative to average drawdown | 9.54 | 10.13 | -0.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXH9.DE | SPYU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 1.79 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.73 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.62 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.57 | -0.15 |
Drawdowns
EXH9.DE vs. SPYU.DE - Drawdown Comparison
The maximum EXH9.DE drawdown since its inception was -51.33%, which is greater than SPYU.DE's maximum drawdown of -32.98%. Use the drawdown chart below to compare losses from any high point for EXH9.DE and SPYU.DE.
Loading charts...
Drawdown Indicators
| EXH9.DE | SPYU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.33% | -32.98% | -18.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -7.43% | -0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -13.67% | -13.44% | -0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.71% | -22.28% | -0.43% |
Max Drawdown (10Y)Largest decline over 10 years | -33.21% | -32.98% | -0.23% |
Current DrawdownCurrent decline from peak | -5.32% | -5.24% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -16.67% | -5.63% | -11.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 2.63% | +0.06% |
Volatility
EXH9.DE vs. SPYU.DE - Volatility Comparison
iShares STOXX Europe 600 Utilities UCITS ETF (DE) (EXH9.DE) and SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) have volatilities of 5.89% and 5.85%, 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.
Loading charts...
Volatility by Period
| EXH9.DE | SPYU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.89% | 5.85% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | 12.96% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.75% | 14.86% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 16.01% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.03% | 17.05% | -0.02% |
EXH9.DE vs. SPYU.DE - Expense Ratio Comparison
EXH9.DE has a 0.47% expense ratio, which is higher than SPYU.DE's 0.18% expense ratio.
Dividends
EXH9.DE vs. SPYU.DE - Dividend Comparison
EXH9.DE's dividend yield for the trailing twelve months is around 2.61%, while SPYU.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXH9.DE iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 2.61% | 2.96% | 3.27% | 3.47% | 3.33% | 3.11% | 2.36% | 3.41% | 3.31% | 6.56% | 4.89% | 4.62% |
SPYU.DE SPDR MSCI Europe Utilities 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
With a correlation of 0.99, EXH9.DE and SPYU.DE 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.
On fees, SPYU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYU.DE is cheaper with a 0.18% expense ratio, compared with 0.47% for EXH9.DE.
EXH9.DE tracks STOXX® Europe 600 Utilities, while SPYU.DE tracks MSCI Europe Utilities 20/35 Capped. They also come from different issuers: iShares and State Street. Their fees differ too: 0.47% for EXH9.DE and 0.18% for SPYU.DE.
Find the right allocation for EXH9.DE and SPYU.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer