IEVD.DE vs. SPYK.DE
IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) and SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) are both Technology Equities funds - IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology while SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped. Both are passively managed. Over the past 5 years, IEVD.DE returned 11.91%/yr vs 13.45%/yr for SPYK.DE. A 0.74 correlation means they provide meaningful diversification when combined. IEVD.DE charges 0.40%/yr vs 0.18%/yr for SPYK.DE.
Performance
IEVD.DE vs. SPYK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IEVD.DE achieves a 49.63% return, which is significantly higher than SPYK.DE's 44.14% return.
IEVD.DE
- 1D
- -0.08%
- 1M
- -3.13%
- YTD
- 49.63%
- 6M
- 50.75%
- 1Y
- 75.04%
- 3Y*
- 21.40%
- 5Y*
- 11.91%
- 10Y*
- —
SPYK.DE
- 1D
- 1.00%
- 1M
- 2.43%
- YTD
- 44.14%
- 6M
- 45.93%
- 1Y
- 55.99%
- 3Y*
- 24.01%
- 5Y*
- 13.45%
- 10Y*
- 16.97%
IEVD.DE vs. SPYK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 49.63% | 10.71% | 5.35% | 22.95% | -23.22% | 26.64% | 20.42% | 6.67% |
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 44.14% | 10.46% | 8.46% | 35.03% | -28.76% | 36.64% | 13.36% | 20.25% |
Correlation
The correlation between IEVD.DE and SPYK.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2019 | 0.74 |
The correlation between IEVD.DE and SPYK.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.
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Return for Risk
IEVD.DE vs. SPYK.DE — Risk / Return Rank
IEVD.DE
SPYK.DE
IEVD.DE vs. SPYK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) and SPDR MSCI Europe Technology UCITS ETF (SPYK.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.
| IEVD.DE | SPYK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.34 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 6.55 | 4.38 | +2.17 |
| Martin ratioReturn relative to average drawdown | 18.54 | 11.62 | +6.92 |
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Drawdowns
IEVD.DE vs. SPYK.DE - Drawdown Comparison
The maximum IEVD.DE drawdown since its inception was -42.30%, which is greater than SPYK.DE's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for IEVD.DE and SPYK.DE.
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Drawdown Indicators
| IEVD.DE | SPYK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.30% | -38.45% | -3.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -12.73% | +1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -30.25% | -27.02% | -3.23% |
Max Drawdown (5Y)Largest decline over 5 years | -30.43% | -38.45% | +8.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.45% | — |
Current DrawdownCurrent decline from peak | -7.52% | -4.05% | -3.47% |
Average DrawdownAverage peak-to-trough decline | -9.68% | -8.54% | -1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 4.81% | -0.78% |
Volatility
IEVD.DE vs. SPYK.DE - Volatility Comparison
iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a higher volatility of 11.33% compared to SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) at 9.32%. This indicates that IEVD.DE's price experiences larger fluctuations and is considered to be riskier than SPYK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEVD.DE | SPYK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.33% | 9.32% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 21.82% | 21.99% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.31% | 26.64% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.76% | 26.02% | -3.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 24.20% | -0.04% |
IEVD.DE vs. SPYK.DE - Expense Ratio Comparison
IEVD.DE has a 0.40% expense ratio, which is higher than SPYK.DE's 0.18% expense ratio.
Dividends
IEVD.DE vs. SPYK.DE - Dividend Comparison
Neither IEVD.DE nor SPYK.DE has paid dividends to shareholders.
Frequently Asked Questions
IEVD.DE and SPYK.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYK.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYK.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for IEVD.DE.
IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology, while SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped. They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for IEVD.DE and 0.18% for SPYK.DE.
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