IEXA.DE vs. SPPS.DE
IEXA.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc) and SPPS.DE (SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc) are both European Corporate Bonds funds - IEXA.DE tracks the Bloomberg Euro Corporate ex-Financials Bond while SPPS.DE tracks the Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select. Both are passively managed. Over the past 3 years, IEXA.DE returned 4.16%/yr vs 3.85%/yr for SPPS.DE. A 0.53 correlation means they provide meaningful diversification when combined. IEXA.DE charges 0.20%/yr vs 0.12%/yr for SPPS.DE.
Performance
IEXA.DE vs. SPPS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IEXA.DE achieves a 1.30% return, which is significantly higher than SPPS.DE's 0.98% return.
IEXA.DE
- 1D
- 0.00%
- 1M
- 0.74%
- YTD
- 1.30%
- 6M
- 1.48%
- 1Y
- 2.24%
- 3Y*
- 4.16%
- 5Y*
- —
- 10Y*
- —
SPPS.DE
- 1D
- 0.00%
- 1M
- 0.31%
- YTD
- 0.98%
- 6M
- 1.01%
- 1Y
- 2.14%
- 3Y*
- 3.85%
- 5Y*
- —
- 10Y*
- —
IEXA.DE vs. SPPS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IEXA.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc | 1.30% | 2.47% | 3.54% | 7.38% | -5.39% |
SPPS.DE SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc | 0.98% | 2.96% | 4.20% | 4.07% | -1.49% |
Correlation
The correlation between IEXA.DE and SPPS.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since May 27, 2022 | 0.53 |
The correlation between IEXA.DE and SPPS.DE has been stable across timeframes, ranging from 0.43 to 0.53 - 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
IEXA.DE vs. SPPS.DE — Risk / Return Rank
IEXA.DE
SPPS.DE
IEXA.DE vs. SPPS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) and SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.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.
| IEXA.DE | SPPS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.81 | -0.94 |
| Martin ratioReturn relative to average drawdown | 2.79 | 7.18 | -4.39 |
Loading charts...
Drawdowns
IEXA.DE vs. SPPS.DE - Drawdown Comparison
The maximum IEXA.DE drawdown since its inception was -9.06%, which is greater than SPPS.DE's maximum drawdown of -2.70%. Use the drawdown chart below to compare losses from any high point for IEXA.DE and SPPS.DE.
Loading charts...
Drawdown Indicators
| IEXA.DE | SPPS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.06% | -2.70% | -6.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.56% | -1.18% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -2.56% | -1.18% | -1.38% |
Current DrawdownCurrent decline from peak | 0.00% | -0.13% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -0.44% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 0.30% | +0.50% |
Volatility
IEXA.DE vs. SPPS.DE - Volatility Comparison
iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) has a higher volatility of 0.78% compared to SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) at 0.70%. This indicates that IEXA.DE's price experiences larger fluctuations and is considered to be riskier than SPPS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IEXA.DE | SPPS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.78% | 0.70% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 1.95% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.26% | 2.03% | +1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.77% | 2.27% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 2.27% | +2.50% |
IEXA.DE vs. SPPS.DE - Expense Ratio Comparison
IEXA.DE has a 0.20% expense ratio, which is higher than SPPS.DE's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IEXA.DE vs. SPPS.DE - Dividend Comparison
Neither IEXA.DE nor SPPS.DE has paid dividends to shareholders.
Frequently Asked Questions
IEXA.DE and SPPS.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPS.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPS.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for IEXA.DE.
IEXA.DE tracks Bloomberg Euro Corporate ex-Financials Bond, while SPPS.DE tracks Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select. They also come from different issuers: iShares and State Street. Their fees differ too: 0.20% for IEXA.DE and 0.12% for SPPS.DE.
Find the right allocation for IEXA.DE and SPPS.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