EXV8.DE vs. SPYP.DE
EXV8.DE (iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE)) and SPYP.DE (SPDR MSCI Europe Materials UCITS ETF) are both Industrials Equities funds - EXV8.DE tracks the STOXX® Europe 600 Construction & Materials while SPYP.DE tracks the MSCI Europe Materials 20/35 Capped. Both are passively managed. Over the past 10 years, EXV8.DE returned 10.37%/yr vs 11.05%/yr for SPYP.DE. A 0.77 correlation means they provide meaningful diversification when combined. EXV8.DE charges 0.46%/yr vs 0.18%/yr for SPYP.DE.
Performance
EXV8.DE vs. SPYP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXV8.DE achieves a 1.00% return, which is significantly lower than SPYP.DE's 17.42% return. Over the past 10 years, EXV8.DE has underperformed SPYP.DE with an annualized return of 10.37%, while SPYP.DE has yielded a comparatively higher 11.05% annualized return.
EXV8.DE
- 1D
- 0.17%
- 1M
- -4.48%
- YTD
- 1.00%
- 6M
- 2.33%
- 1Y
- 6.56%
- 3Y*
- 15.58%
- 5Y*
- 9.70%
- 10Y*
- 10.37%
SPYP.DE
- 1D
- -0.40%
- 1M
- 3.26%
- YTD
- 17.42%
- 6M
- 21.57%
- 1Y
- 25.17%
- 3Y*
- 12.38%
- 5Y*
- 6.68%
- 10Y*
- 11.05%
EXV8.DE vs. SPYP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 1.00% | 25.00% | 6.42% | 33.57% | -18.92% | 32.25% | -2.02% | 42.92% | -17.87% | 10.41% |
SPYP.DE SPDR MSCI Europe Materials UCITS ETF | 17.42% | 13.01% | -3.09% | 12.36% | -9.22% | 24.42% | 9.86% | 27.43% | -14.57% | 18.99% |
Correlation
The correlation between EXV8.DE and SPYP.DE is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.77 |
The correlation between EXV8.DE and SPYP.DE has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.
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Return for Risk
EXV8.DE vs. SPYP.DE — Risk / Return Rank
EXV8.DE
SPYP.DE
EXV8.DE vs. SPYP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) and SPDR MSCI Europe Materials UCITS ETF (SPYP.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.
| EXV8.DE | SPYP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.26 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | 1.98 | -1.49 |
| Martin ratioReturn relative to average drawdown | 1.50 | 7.94 | -6.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EXV8.DE | SPYP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 1.52 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.37 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.57 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.42 | +0.02 |
Drawdowns
EXV8.DE vs. SPYP.DE - Drawdown Comparison
The maximum EXV8.DE drawdown since its inception was -66.09%, which is greater than SPYP.DE's maximum drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for EXV8.DE and SPYP.DE.
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Drawdown Indicators
| EXV8.DE | SPYP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.09% | -36.99% | -29.10% |
Max Drawdown (1Y)Largest decline over 1 year | -15.30% | -13.07% | -2.23% |
Max Drawdown (3Y)Largest decline over 3 years | -16.83% | -20.69% | +3.86% |
Max Drawdown (5Y)Largest decline over 5 years | -29.23% | -22.63% | -6.60% |
Max Drawdown (10Y)Largest decline over 10 years | -42.81% | -35.40% | -7.41% |
Current DrawdownCurrent decline from peak | -6.66% | -1.54% | -5.12% |
Average DrawdownAverage peak-to-trough decline | -15.00% | -7.59% | -7.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 3.26% | +1.74% |
Volatility
EXV8.DE vs. SPYP.DE - Volatility Comparison
iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) (EXV8.DE) and SPDR MSCI Europe Materials UCITS ETF (SPYP.DE) have volatilities of 6.24% and 6.50%, 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
| EXV8.DE | SPYP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 6.50% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 16.12% | 14.33% | +1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.72% | 17.04% | +2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.47% | 17.94% | +1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.26% | 19.34% | +0.92% |
EXV8.DE vs. SPYP.DE - Expense Ratio Comparison
EXV8.DE has a 0.46% expense ratio, which is higher than SPYP.DE's 0.18% expense ratio.
Dividends
EXV8.DE vs. SPYP.DE - Dividend Comparison
EXV8.DE's dividend yield for the trailing twelve months is around 1.39%, while SPYP.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXV8.DE iShares STOXX Europe 600 Construction & Materials UCITS ETF (DE) | 1.39% | 1.39% | 1.69% | 1.59% | 1.78% | 1.34% | 0.53% | 1.55% | 1.66% | 2.87% | 2.80% | 2.79% |
SPYP.DE SPDR MSCI Europe Materials 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
EXV8.DE and SPYP.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYP.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYP.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for EXV8.DE.
EXV8.DE tracks STOXX® Europe 600 Construction & Materials, while SPYP.DE tracks MSCI Europe Materials 20/35 Capped. They also come from different issuers: iShares and State Street. Their fees differ too: 0.46% for EXV8.DE and 0.18% for SPYP.DE.
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