ISPY vs. SPYT.DE
Compare and contrast key facts about ProShares S&P 500 High Income ETF (ISPY) and SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE).
ISPY and SPYT.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISPY is a passively managed fund by ProShares that tracks the performance of the S&P 500 Daily Covered Call Index. It was launched on Dec 18, 2023. SPYT.DE is a passively managed fund by State Street that tracks the performance of the MSCI Europe Communication Services 20/35 Capped. It was launched on Dec 5, 2014. Both ISPY and SPYT.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISPY or SPYT.DE.
Key characteristics
| ISPY | SPYT.DE | |
|---|---|---|
| YTD Return | 23.23% | 14.32% |
| Daily Std Dev | 11.36% | 9.61% |
| Max Drawdown | -7.88% | -49.63% |
| Current Drawdown | -0.24% | -13.05% |
Correlation
The correlation between ISPY and SPYT.DE is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ISPY vs. SPYT.DE - Performance Comparison
In the year-to-date period, ISPY achieves a 23.23% return, which is significantly higher than SPYT.DE's 14.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ISPY vs. SPYT.DE - Expense Ratio Comparison
ISPY has a 0.55% expense ratio, which is higher than SPYT.DE's 0.18% expense ratio.
Risk-Adjusted Performance
ISPY vs. SPYT.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 High Income ETF (ISPY) and SPDR MSCI Europe Communication Services UCITS ETF (SPYT.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.
Not enough dataDividends
ISPY vs. SPYT.DE - Dividend Comparison
ISPY's dividend yield for the trailing twelve months is around 8.44%, while SPYT.DE has not paid dividends to shareholders.
| TTM | |
|---|---|
ISPY ProShares S&P 500 High Income ETF | 8.44% |
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 0.00% |
Drawdowns
ISPY vs. SPYT.DE - Drawdown Comparison
The maximum ISPY drawdown since its inception was -7.88%, smaller than the maximum SPYT.DE drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for ISPY and SPYT.DE. For additional features, visit the drawdowns tool.
Volatility
ISPY vs. SPYT.DE - Volatility Comparison
The current volatility for ProShares S&P 500 High Income ETF (ISPY) is 3.35%, while SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) has a volatility of 4.50%. This indicates that ISPY experiences smaller price fluctuations and is considered to be less risky than SPYT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.