S188.DE vs. SPSM
Compare and contrast key facts about SMT Scharf AG (S188.DE) and SPDR Portfolio S&P 600 Small Cap ETF (SPSM).
SPSM is a passively managed fund by State Street that tracks the performance of the S&P SmallCap 600 Index. It was launched on Jul 8, 2013.
Performance
S188.DE vs. SPSM - Performance Comparison
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S188.DE vs. SPSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
S188.DE SMT Scharf AG | 44.35% | -17.76% | 12.50% | -44.83% | -18.31% | 68.64% | -13.20% | -15.25% | -20.65% | 7.36% |
SPSM SPDR Portfolio S&P 600 Small Cap ETF | 5.77% | -6.48% | 15.71% | 12.63% | -10.92% | 36.15% | 2.48% | 28.70% | -7.00% | 1.25% |
Different Trading Currencies
S188.DE is traded in EUR, while SPSM is traded in USD. To make them comparable, the SPSM values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, S188.DE achieves a 44.35% return, which is significantly higher than SPSM's 5.77% return. Over the past 10 years, S188.DE has underperformed SPSM with an annualized return of -2.37%, while SPSM has yielded a comparatively higher 9.95% annualized return.
S188.DE
- 1D
- 0.61%
- 1M
- 17.73%
- YTD
- 44.35%
- 6M
- 6.41%
- 1Y
- 18.72%
- 3Y*
- -6.63%
- 5Y*
- 0.82%
- 10Y*
- -2.37%
SPSM
- 1D
- 0.56%
- 1M
- -3.07%
- YTD
- 5.77%
- 6M
- 7.15%
- 1Y
- 12.87%
- 3Y*
- 8.39%
- 5Y*
- 4.67%
- 10Y*
- 9.95%
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Return for Risk
S188.DE vs. SPSM — Risk / Return Rank
S188.DE
SPSM
S188.DE vs. SPSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SMT Scharf AG (S188.DE) and SPDR Portfolio S&P 600 Small Cap ETF (SPSM). 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.
| S188.DE | SPSM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.45 | 0.53 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.04 | 0.88 | +0.17 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.50 | 0.81 | -0.31 |
Martin ratioReturn relative to average drawdown | 0.87 | 2.96 | -2.09 |
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
| S188.DE | SPSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 0.53 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.22 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.43 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.44 | -0.42 |
Correlation
The correlation between S188.DE and SPSM is 0.08, 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.
Dividends
S188.DE vs. SPSM - Dividend Comparison
S188.DE's dividend yield for the trailing twelve months is around 2.53%, more than SPSM's 1.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
S188.DE SMT Scharf AG | 2.53% | 3.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPSM SPDR Portfolio S&P 600 Small Cap ETF | 1.58% | 1.62% | 1.85% | 1.61% | 1.38% | 1.40% | 1.34% | 1.58% | 1.82% | 1.51% | 1.49% | 2.37% |
Drawdowns
S188.DE vs. SPSM - Drawdown Comparison
The maximum S188.DE drawdown since its inception was -77.46%, which is greater than SPSM's maximum drawdown of -41.38%. Use the drawdown chart below to compare losses from any high point for S188.DE and SPSM.
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Drawdown Indicators
| S188.DE | SPSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.46% | -42.89% | -34.57% |
Max Drawdown (1Y)Largest decline over 1 year | -39.01% | -14.82% | -24.19% |
Max Drawdown (5Y)Largest decline over 5 years | -65.09% | -27.94% | -37.15% |
Max Drawdown (10Y)Largest decline over 10 years | -68.04% | -42.89% | -25.15% |
Current DrawdownCurrent decline from peak | -65.28% | -5.18% | -60.10% |
Average DrawdownAverage peak-to-trough decline | -39.92% | -8.02% | -31.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.45% | 3.68% | +18.77% |
Volatility
S188.DE vs. SPSM - Volatility Comparison
SMT Scharf AG (S188.DE) has a higher volatility of 23.27% compared to SPDR Portfolio S&P 600 Small Cap ETF (SPSM) at 5.32%. This indicates that S188.DE's price experiences larger fluctuations and is considered to be riskier than SPSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| S188.DE | SPSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.27% | 5.32% | +17.95% |
Volatility (6M)Calculated over the trailing 6-month period | 31.68% | 13.18% | +18.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.48% | 24.56% | +16.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.86% | 21.12% | +19.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.20% | 23.29% | +13.91% |