GLDV.MI vs. PSMMY

Last updated Jun 4, 2026

GLDV.MI (SPDR S&P Global Dividend Aristocrats UCITS) is Global Equity Income fund tracking the S&P Global BMI Index, while PSMMY (Persimmon Plc) is a stock. Over the past 10 years, GLDV.MI returned 6.33%/yr vs -0.91%/yr for PSMMY. At a 0.34 correlation, their price movements are largely independent.

Performance

GLDV.MI vs. PSMMY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI) and Persimmon Plc (PSMMY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GLDV.MI is traded in EUR, while PSMMY is traded in USD. To make them comparable, the PSMMY values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, GLDV.MI achieves a 6.85% return, which is significantly higher than PSMMY's -20.57% return. Over the past 10 years, GLDV.MI has outperformed PSMMY with an annualized return of 6.33%, while PSMMY has yielded a comparatively lower -0.91% annualized return.

GLDV.MI

• 1D: -0.42%
• 1M: -0.09%
• YTD: 6.85%
• 6M: 7.48%
• 1Y: 14.76%
• 3Y*: 11.37%
• 5Y*: 6.43%
• 10Y*: 6.33%

PSMMY

• 1D: -0.51%
• 1M: 2.04%
• YTD: -20.57%
• 6M: -20.05%
• 1Y: -16.51%
• 3Y*: -2.21%
• 5Y*: -15.18%
• 10Y*: -0.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GLDV.MI vs. PSMMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLDV.MI SPDR S&P Global Dividend Aristocrats UCITS	6.85%	4.55%	14.31%	3.25%	-1.62%	25.05%	-16.89%	22.98%	-4.10%	4.11%
PSMMY Persimmon Plc	-20.57%	11.81%	-6.46%	26.03%	-56.29%	20.07%	5.60%	64.34%	-23.40%	60.81%

Correlation

The correlation between GLDV.MI and PSMMY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jan 28, 2014	0.34

Return for Risk

GLDV.MI vs. PSMMY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLDV.MI

GLDV.MI Risk / Return Rank: 48
GLDV.MI Sharpe Ratio Rank: 47
GLDV.MI Sortino Ratio Rank: 48
GLDV.MI Omega Ratio Rank: 43
GLDV.MI Calmar Ratio Rank: 54
GLDV.MI Martin Ratio Rank: 51

PSMMY

PSMMY Risk / Return Rank: 23
PSMMY Sharpe Ratio Rank: 22
PSMMY Sortino Ratio Rank: 21
PSMMY Omega Ratio Rank: 22
PSMMY Calmar Ratio Rank: 26
PSMMY Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLDV.MI vs. PSMMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI) and Persimmon Plc (PSMMY). 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.

	GLDV.MI	PSMMY	Difference
Sharpe ratio: Return per unit of total volatility	1.64	-0.51	+2.15
Sortino ratio: Return per unit of downside risk	2.38	-0.56	+2.95
Omega ratio: Gain probability vs. loss probability	1.28	0.93	+0.35
Calmar ratio: Return relative to maximum drawdown	2.68	-0.50	+3.18
Martin ratio: Return relative to average drawdown	8.62	-0.98	+9.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLDV.MI vs. PSMMY - Sharpe Ratio Comparison

The current GLDV.MI Sharpe Ratio is 1.64, which is higher than the PSMMY Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of GLDV.MI and PSMMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GLDV.MI	PSMMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	-0.51	+2.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	-0.44	+0.95
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	-0.02	+0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.18	+0.30

Drawdowns

GLDV.MI vs. PSMMY - Drawdown Comparison

The maximum GLDV.MI drawdown since its inception was -41.02%, smaller than the maximum PSMMY drawdown of -64.70%. Use the drawdown chart below to compare losses from any high point for GLDV.MI and PSMMY.

Drawdown Indicators

	GLDV.MI	PSMMY	Difference
Max Drawdown Largest peak-to-trough decline	-41.02%	-64.70%	+23.68%
Max Drawdown (1Y) Largest decline over 1 year	-5.51%	-33.01%	+27.50%
Max Drawdown (3Y) Largest decline over 3 years	-16.81%	-39.52%	+22.71%
Max Drawdown (5Y) Largest decline over 5 years	-18.38%	-64.68%	+46.30%
Max Drawdown (10Y) Largest decline over 10 years	-41.02%	-64.70%	+23.68%
Current Drawdown Current decline from peak	-1.80%	-57.00%	+55.20%
Average Drawdown Average peak-to-trough decline	-6.84%	-24.11%	+17.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	16.90%	-15.19%

Volatility

GLDV.MI vs. PSMMY - Volatility Comparison

The current volatility for SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI) is 2.44%, while Persimmon Plc (PSMMY) has a volatility of 9.26%. This indicates that GLDV.MI experiences smaller price fluctuations and is considered to be less risky than PSMMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLDV.MI	PSMMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.44%	9.26%	-6.82%
Volatility (6M) Calculated over the trailing 6-month period	6.49%	25.07%	-18.58%
Volatility (1Y) Calculated over the trailing 1-year period	9.04%	32.50%	-23.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.35%	34.87%	-22.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.78%	39.56%	-24.78%

Dividends

GLDV.MI vs. PSMMY - Dividend Comparison

GLDV.MI's dividend yield for the trailing twelve months is around 3.91%, less than PSMMY's 5.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLDV.MI SPDR S&P Global Dividend Aristocrats UCITS	3.91%	4.25%	3.73%	4.25%	4.51%	3.57%	3.97%	3.46%	5.10%	3.36%	3.62%	3.80%
PSMMY Persimmon Plc	5.65%	4.43%	5.17%	5.40%	20.63%	8.10%	7.91%	8.26%	12.82%	5.15%	14.45%	4.50%

Frequently Asked Questions

Can I hold both GLDV.MI and PSMMY in my portfolio?

GLDV.MI and PSMMY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.