LUTR.L vs. SPY5.L
LUTR.L (SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF) and SPY5.L (State Street SPDR S&P 500 UCITS ETF) are both exchange-traded funds - LUTR.L is a Government Bonds fund tracking the Bloomberg US Treasury 10+ Year Index, while SPY5.L is a S&P 500 fund tracking the S&P 500. Both are passively managed. Over the past 10 years, LUTR.L returned -1.02%/yr vs 15.46%/yr for SPY5.L. At a correlation of -0.12, they often move in opposite directions. LUTR.L charges 0.15%/yr vs 0.09%/yr for SPY5.L.
Performance
LUTR.L vs. SPY5.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LUTR.L achieves a -1.19% return, which is significantly lower than SPY5.L's 10.31% return. Over the past 10 years, LUTR.L has underperformed SPY5.L with an annualized return of -1.02%, while SPY5.L has yielded a comparatively higher 15.46% annualized return.
LUTR.L
- 1D
- -0.47%
- 1M
- -0.07%
- YTD
- -1.19%
- 6M
- -1.45%
- 1Y
- 4.97%
- 3Y*
- -0.81%
- 5Y*
- -5.27%
- 10Y*
- -1.02%
SPY5.L
- 1D
- -0.55%
- 1M
- 4.49%
- YTD
- 10.31%
- 6M
- 11.16%
- 1Y
- 28.27%
- 3Y*
- 22.32%
- 5Y*
- 13.71%
- 10Y*
- 15.46%
LUTR.L vs. SPY5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LUTR.L SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | -1.19% | 5.48% | -5.76% | 2.50% | -28.88% | -4.85% | 16.61% | 16.93% | -1.71% | 8.58% |
SPY5.L State Street SPDR S&P 500 UCITS ETF | 10.31% | 17.43% | 25.36% | 26.64% | -18.68% | 29.28% | 17.52% | 30.85% | -5.09% | 22.58% |
Correlation
The correlation between LUTR.L and SPY5.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2016 | -0.12 |
The correlation between LUTR.L and SPY5.L shifts across timeframes, from -0.12 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
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
LUTR.L vs. SPY5.L — Risk / Return Rank
LUTR.L
SPY5.L
LUTR.L vs. SPY5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (LUTR.L) and State Street SPDR S&P 500 UCITS ETF (SPY5.L). 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.
| LUTR.L | SPY5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.44 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 3.44 | -2.73 |
| Martin ratioReturn relative to average drawdown | 1.89 | 14.88 | -12.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LUTR.L | SPY5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 2.43 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | 0.86 | -1.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.08 | 0.95 | -1.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.95 | -1.01 |
Drawdowns
LUTR.L vs. SPY5.L - Drawdown Comparison
The maximum LUTR.L drawdown since its inception was -46.52%, which is greater than SPY5.L's maximum drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for LUTR.L and SPY5.L.
Loading charts...
Drawdown Indicators
| LUTR.L | SPY5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.52% | -33.89% | -12.63% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -8.18% | +1.17% |
Max Drawdown (3Y)Largest decline over 3 years | -17.06% | -18.37% | +1.31% |
Max Drawdown (5Y)Largest decline over 5 years | -40.30% | -24.37% | -15.93% |
Max Drawdown (10Y)Largest decline over 10 years | -46.52% | -33.89% | -12.63% |
Current DrawdownCurrent decline from peak | -37.75% | -0.55% | -37.20% |
Average DrawdownAverage peak-to-trough decline | -20.79% | -3.70% | -17.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 1.90% | +0.72% |
Volatility
LUTR.L vs. SPY5.L - Volatility Comparison
SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF (LUTR.L) and State Street SPDR S&P 500 UCITS ETF (SPY5.L) have volatilities of 3.27% and 3.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LUTR.L | SPY5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 3.17% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 6.15% | 8.49% | -2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.85% | 11.63% | -2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.94% | 15.92% | -1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.27% | 16.24% | -2.97% |
LUTR.L vs. SPY5.L - Expense Ratio Comparison
LUTR.L has a 0.15% expense ratio, which is higher than SPY5.L's 0.09% 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
LUTR.L vs. SPY5.L - Dividend Comparison
LUTR.L's dividend yield for the trailing twelve months is around 4.64%, more than SPY5.L's 0.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LUTR.L SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF | 4.64% | 4.40% | 4.22% | 3.13% | 2.56% | 1.72% | 1.91% | 3.60% | 2.49% | 2.61% | 1.14% | 0.00% |
SPY5.L State Street SPDR S&P 500 UCITS ETF | 0.89% | 0.97% | 1.06% | 1.19% | 1.40% | 0.99% | 1.28% | 1.71% | 2.20% | 2.29% | 1.64% | 1.73% |
Frequently Asked Questions
LUTR.L and SPY5.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPY5.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPY5.L is cheaper with a 0.09% expense ratio, compared with 0.15% for LUTR.L.
LUTR.L is categorized as Government Bonds, while SPY5.L is S&P 500. LUTR.L tracks Bloomberg US Treasury 10+ Year Index, while SPY5.L tracks S&P 500. Their fees differ too: 0.15% for LUTR.L and 0.09% for SPY5.L.
Find the right allocation for LUTR.L and SPY5.L
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