SNPE vs. SPY
Compare and contrast key facts about Xtrackers S&P 500 ESG ETF (SNPE) and SPDR S&P 500 ETF (SPY).
SNPE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SNPE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P 500 ESG Index. It was launched on Jun 26, 2019. 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 SNPE 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: SNPE or SPY.
Correlation
The correlation between SNPE and SPY is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SNPE vs. SPY - Performance Comparison
Key characteristics
SNPE:
2.17
SPY:
2.29
SNPE:
2.89
SPY:
3.04
SNPE:
1.40
SPY:
1.43
SNPE:
3.07
SPY:
3.40
SNPE:
13.22
SPY:
15.01
SNPE:
2.09%
SPY:
1.90%
SNPE:
12.74%
SPY:
12.46%
SNPE:
-33.38%
SPY:
-55.19%
SNPE:
-1.18%
SPY:
-0.74%
Returns By Period
The year-to-date returns for both investments are quite close, with SNPE having a 27.17% return and SPY slightly higher at 28.13%.
SNPE
27.17%
0.69%
9.43%
27.58%
16.06%
N/A
SPY
28.13%
1.31%
11.08%
28.58%
15.00%
13.16%
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SNPE vs. SPY - Expense Ratio Comparison
SNPE has a 0.10% 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
SNPE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG ETF (SNPE) 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
SNPE vs. SPY - Dividend Comparison
SNPE's dividend yield for the trailing twelve months is around 1.14%, less than SPY's 1.18% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Xtrackers S&P 500 ESG ETF | 1.14% | 1.32% | 1.65% | 1.08% | 1.43% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SNPE vs. SPY - Drawdown Comparison
The maximum SNPE drawdown since its inception was -33.38%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SNPE and SPY. For additional features, visit the drawdowns tool.
Volatility
SNPE vs. SPY - Volatility Comparison
Xtrackers S&P 500 ESG ETF (SNPE) and SPDR S&P 500 ETF (SPY) have volatilities of 3.82% and 3.97%, 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.