MEUD.L vs. SPY
Compare and contrast key facts about Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and SPDR S&P 500 ETF (SPY).
MEUD.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MEUD.L is a passively managed fund by Amundi that tracks the performance of the MSCI Europe NR EUR. It was launched on Apr 3, 2013. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both MEUD.L and SPY 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: MEUD.L or SPY.
Key characteristics
| MEUD.L | SPY | |
|---|---|---|
| YTD Return | 6.77% | 23.66% |
| 1Y Return | 14.44% | 35.35% |
| 3Y Return (Ann) | 6.10% | 10.96% |
| 5Y Return (Ann) | 7.90% | 16.17% |
| 10Y Return (Ann) | 8.54% | 13.96% |
| Sharpe Ratio | 1.53 | 2.85 |
| Sortino Ratio | 2.20 | 3.80 |
| Omega Ratio | 1.26 | 1.52 |
| Calmar Ratio | 1.90 | 3.03 |
| Martin Ratio | 7.79 | 17.65 |
| Ulcer Index | 2.04% | 2.00% |
| Daily Std Dev | 10.42% | 12.40% |
| Max Drawdown | -28.57% | -55.19% |
| Current Drawdown | -2.49% | -0.35% |
Correlation
The correlation between MEUD.L and SPY is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MEUD.L vs. SPY - Performance Comparison
In the year-to-date period, MEUD.L achieves a 6.77% return, which is significantly lower than SPY's 23.66% return. Over the past 10 years, MEUD.L has underperformed SPY with an annualized return of 8.54%, while SPY has yielded a comparatively higher 13.96% annualized 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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MEUD.L vs. SPY - Expense Ratio Comparison
MEUD.L has a 0.15% expense ratio, which is higher than SPY'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%.
Risk-Adjusted Performance
MEUD.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) and SPDR S&P 500 ETF (SPY). 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.
Dividends
MEUD.L vs. SPY - Dividend Comparison
MEUD.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MEUD.L vs. SPY - Drawdown Comparison
The maximum MEUD.L drawdown since its inception was -28.57%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MEUD.L and SPY. For additional features, visit the drawdowns tool.
Volatility
MEUD.L vs. SPY - Volatility Comparison
Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a higher volatility of 3.89% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that MEUD.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.