LBRE.DE vs. SPYU.DE
LBRE.DE (Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc) and SPYU.DE (SPDR MSCI Europe Utilities UCITS ETF) are both exchange-traded funds - LBRE.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Basic Resources, while SPYU.DE is a Utilities Equities fund tracking the MSCI Europe Utilities 20/35 Capped. Both are passively managed. Over the past 10 years, LBRE.DE returned 15.77%/yr vs 11.94%/yr for SPYU.DE. At a 0.36 correlation, their price movements are largely independent. LBRE.DE charges 0.30%/yr vs 0.18%/yr for SPYU.DE.
Performance
LBRE.DE vs. SPYU.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LBRE.DE achieves a 18.60% return, which is significantly higher than SPYU.DE's 17.45% return. Over the past 10 years, LBRE.DE has outperformed SPYU.DE with an annualized return of 15.77%, while SPYU.DE has yielded a comparatively lower 11.94% annualized return.
LBRE.DE
- 1D
- 0.88%
- 1M
- -8.29%
- YTD
- 18.60%
- 6M
- 20.95%
- 1Y
- 72.71%
- 3Y*
- 16.57%
- 5Y*
- 10.07%
- 10Y*
- 15.77%
SPYU.DE
- 1D
- 1.76%
- 1M
- 0.96%
- YTD
- 17.45%
- 6M
- 18.51%
- 1Y
- 29.73%
- 3Y*
- 18.17%
- 5Y*
- 12.74%
- 10Y*
- 11.94%
LBRE.DE vs. SPYU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LBRE.DE Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc | 18.60% | 33.09% | -8.87% | -2.42% | 9.14% | 26.86% | 13.06% | 22.70% | -13.45% | 22.78% |
SPYU.DE SPDR MSCI Europe Utilities UCITS ETF | 17.45% | 34.39% | 0.99% | 13.57% | -7.97% | 8.80% | 11.01% | 31.91% | 2.41% | 9.05% |
Correlation
The correlation between LBRE.DE and SPYU.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2010 | 0.36 |
The correlation between LBRE.DE and SPYU.DE shifts across timeframes, from 0.24 (3 years) to 0.36 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LBRE.DE vs. SPYU.DE — Risk / Return Rank
LBRE.DE
SPYU.DE
LBRE.DE vs. SPYU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.DE) and SPDR MSCI Europe Utilities UCITS ETF (SPYU.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.
| LBRE.DE | SPYU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.36 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.22 | 3.99 | +0.24 |
| Martin ratioReturn relative to average drawdown | 15.59 | 10.69 | +4.90 |
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Drawdowns
LBRE.DE vs. SPYU.DE - Drawdown Comparison
The maximum LBRE.DE drawdown since its inception was -74.48%, which is greater than SPYU.DE's maximum drawdown of -32.98%. Use the drawdown chart below to compare losses from any high point for LBRE.DE and SPYU.DE.
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Drawdown Indicators
| LBRE.DE | SPYU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.48% | -32.98% | -41.50% |
Max Drawdown (1Y)Largest decline over 1 year | -17.12% | -7.43% | -9.69% |
Max Drawdown (3Y)Largest decline over 3 years | -33.23% | -13.44% | -19.79% |
Max Drawdown (5Y)Largest decline over 5 years | -37.22% | -22.28% | -14.94% |
Max Drawdown (10Y)Largest decline over 10 years | -45.32% | -32.98% | -12.34% |
Current DrawdownCurrent decline from peak | -12.74% | -1.55% | -11.19% |
Average DrawdownAverage peak-to-trough decline | -34.79% | -7.00% | -27.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | 2.77% | +1.88% |
Volatility
LBRE.DE vs. SPYU.DE - Volatility Comparison
Lyxor STOXX Europe 600 Basic Resources UCITS ETF Acc (LBRE.DE) has a higher volatility of 9.51% compared to SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) at 3.15%. This indicates that LBRE.DE's price experiences larger fluctuations and is considered to be riskier than SPYU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LBRE.DE | SPYU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.51% | 3.15% | +6.36% |
Volatility (6M)Calculated over the trailing 6-month period | 23.06% | 13.08% | +9.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.88% | 15.03% | +11.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.34% | 16.00% | +10.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.30% | 16.94% | +10.36% |
LBRE.DE vs. SPYU.DE - Expense Ratio Comparison
LBRE.DE has a 0.30% expense ratio, which is higher than SPYU.DE's 0.18% expense ratio.
Dividends
LBRE.DE vs. SPYU.DE - Dividend Comparison
Neither LBRE.DE nor SPYU.DE has paid dividends to shareholders.
Frequently Asked Questions
LBRE.DE and SPYU.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYU.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for LBRE.DE.
LBRE.DE is categorized as Industrials Equities, while SPYU.DE is Utilities Equities. LBRE.DE tracks STOXX® Europe 600 Basic Resources, while SPYU.DE tracks MSCI Europe Utilities 20/35 Capped. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.30% for LBRE.DE and 0.18% for SPYU.DE.
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