LMWE.DE vs. SPYJ.DE
LMWE.DE (Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR)) and SPYJ.DE (SPDR Dow Jones Global Real Estate UCITS ETF) are both REIT funds - LMWE.DE tracks the FTSE EPRA/NAREIT Developed while SPYJ.DE tracks the Dow Jones Global Select Real Estate Securities. Both are passively managed. Over the past 10 years, LMWE.DE returned 2.38%/yr vs 3.00%/yr for SPYJ.DE. Their correlation of 0.84 suggests significant overlap in exposure. LMWE.DE charges 0.45%/yr vs 0.40%/yr for SPYJ.DE.
Performance
LMWE.DE vs. SPYJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LMWE.DE achieves a 7.51% return, which is significantly lower than SPYJ.DE's 8.14% return. Over the past 10 years, LMWE.DE has underperformed SPYJ.DE with an annualized return of 2.38%, while SPYJ.DE has yielded a comparatively higher 3.00% annualized return.
LMWE.DE
- 1D
- -0.04%
- 1M
- -2.48%
- YTD
- 7.51%
- 6M
- 7.23%
- 1Y
- 9.11%
- 3Y*
- 4.39%
- 5Y*
- 0.78%
- 10Y*
- 2.38%
SPYJ.DE
- 1D
- 0.05%
- 1M
- -1.56%
- YTD
- 8.14%
- 6M
- 7.45%
- 1Y
- 10.28%
- 3Y*
- 5.92%
- 5Y*
- 2.31%
- 10Y*
- 3.00%
LMWE.DE vs. SPYJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LMWE.DE Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) | 7.51% | -2.27% | 4.83% | 3.20% | -20.69% | 36.10% | -17.30% | 22.98% | -1.37% | -2.23% |
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF | 8.14% | -2.34% | 4.88% | 7.77% | -20.64% | 41.31% | -18.77% | 23.49% | -0.95% | -3.79% |
Correlation
The correlation between LMWE.DE and SPYJ.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2012 | 0.84 |
The correlation between LMWE.DE and SPYJ.DE has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.
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Return for Risk
LMWE.DE vs. SPYJ.DE — Risk / Return Rank
LMWE.DE
SPYJ.DE
LMWE.DE vs. SPYJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) (LMWE.DE) and SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.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.
| LMWE.DE | SPYJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.16 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 1.46 | -0.22 |
| Martin ratioReturn relative to average drawdown | 3.96 | 4.40 | -0.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LMWE.DE | SPYJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.90 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.15 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.18 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.32 | +0.08 |
Drawdowns
LMWE.DE vs. SPYJ.DE - Drawdown Comparison
The maximum LMWE.DE drawdown since its inception was -42.37%, roughly equal to the maximum SPYJ.DE drawdown of -42.92%. Use the drawdown chart below to compare losses from any high point for LMWE.DE and SPYJ.DE.
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Drawdown Indicators
| LMWE.DE | SPYJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.37% | -42.92% | +0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -7.88% | -6.95% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -20.47% | -20.29% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -30.69% | -30.71% | +0.02% |
Max Drawdown (10Y)Largest decline over 10 years | -42.37% | -42.92% | +0.55% |
Current DrawdownCurrent decline from peak | -11.34% | -7.72% | -3.62% |
Average DrawdownAverage peak-to-trough decline | -10.67% | -11.10% | +0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 2.31% | +0.11% |
Volatility
LMWE.DE vs. SPYJ.DE - Volatility Comparison
The current volatility for Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) (LMWE.DE) is 2.75%, while SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.DE) has a volatility of 3.15%. This indicates that LMWE.DE experiences smaller price fluctuations and is considered to be less risky than SPYJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LMWE.DE | SPYJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 3.15% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 8.23% | 8.50% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 11.29% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 15.11% | +0.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.94% | 16.96% | -0.02% |
LMWE.DE vs. SPYJ.DE - Expense Ratio Comparison
LMWE.DE has a 0.45% expense ratio, which is higher than SPYJ.DE's 0.40% expense ratio.
Dividends
LMWE.DE vs. SPYJ.DE - Dividend Comparison
LMWE.DE's dividend yield for the trailing twelve months is around 2.42%, less than SPYJ.DE's 2.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMWE.DE Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) | 2.42% | 2.61% | 3.75% | 0.00% | 4.18% | 2.22% | 3.76% | 3.37% | 3.76% | 3.44% | 3.65% | 4.01% |
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF | 2.57% | 2.80% | 2.70% | 2.67% | 2.91% | 1.76% | 2.70% | 3.16% | 4.36% | 4.02% | 2.53% | 2.10% |
Frequently Asked Questions
LMWE.DE and SPYJ.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYJ.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYJ.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for LMWE.DE.
LMWE.DE tracks FTSE EPRA/NAREIT Developed, while SPYJ.DE tracks Dow Jones Global Select Real Estate Securities. They also come from different issuers: Amundi and State Street. Their fees differ too: 0.45% for LMWE.DE and 0.40% for SPYJ.DE.
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