SP2D.DE vs. XDED.DE
SP2D.DE (Invesco S&P 500 Equal Weight UCITS ETF Dist) and XDED.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 2D) are both S&P 500 funds - SP2D.DE tracks the S&P 500® Equal Weight while XDED.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 3 years, SP2D.DE returned 12.11%/yr vs 12.11%/yr for XDED.DE. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.20% expense ratio.
Performance
SP2D.DE vs. XDED.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SP2D.DE having a 10.33% return and XDED.DE slightly higher at 10.41%.
SP2D.DE
- 1D
- 0.26%
- 1M
- 3.83%
- YTD
- 10.33%
- 6M
- 10.25%
- 1Y
- 18.05%
- 3Y*
- 12.11%
- 5Y*
- —
- 10Y*
- —
XDED.DE
- 1D
- 0.26%
- 1M
- 3.92%
- YTD
- 10.41%
- 6M
- 10.28%
- 1Y
- 18.11%
- 3Y*
- 12.11%
- 5Y*
- —
- 10Y*
- —
SP2D.DE vs. XDED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SP2D.DE Invesco S&P 500 Equal Weight UCITS ETF Dist | 10.33% | -0.81% | 18.69% | 11.19% |
XDED.DE Xtrackers S&P 500 Equal Weight UCITS ETF 2D | 10.41% | -0.44% | 18.53% | 10.75% |
Correlation
The correlation between SP2D.DE and XDED.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2023 | 0.99 |
The correlation between SP2D.DE and XDED.DE has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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
SP2D.DE vs. XDED.DE — Risk / Return Rank
SP2D.DE
XDED.DE
SP2D.DE vs. XDED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 2D (XDED.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.
| SP2D.DE | XDED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.30 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | 3.46 | 0.00 |
| Martin ratioReturn relative to average drawdown | 10.26 | 10.28 | -0.02 |
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
| SP2D.DE | XDED.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 1.65 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.90 | -0.33 |
Drawdowns
SP2D.DE vs. XDED.DE - Drawdown Comparison
The maximum SP2D.DE drawdown since its inception was -22.69%, roughly equal to the maximum XDED.DE drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for SP2D.DE and XDED.DE.
Loading charts...
Drawdown Indicators
| SP2D.DE | XDED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.69% | -22.63% | -0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -5.10% | -5.11% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -22.69% | -22.63% | -0.06% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.89% | -4.24% | -1.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 1.72% | +0.01% |
Volatility
SP2D.DE vs. XDED.DE - Volatility Comparison
Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.DE) and Xtrackers S&P 500 Equal Weight UCITS ETF 2D (XDED.DE) have volatilities of 2.09% and 2.08%, 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
| SP2D.DE | XDED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 2.08% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 6.76% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.83% | 10.72% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 13.39% | +1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.91% | 13.39% | +1.52% |
SP2D.DE vs. XDED.DE - Expense Ratio Comparison
Both SP2D.DE and XDED.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SP2D.DE vs. XDED.DE - Dividend Comparison
SP2D.DE's dividend yield for the trailing twelve months is around 1.28%, more than XDED.DE's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
SP2D.DE Invesco S&P 500 Equal Weight UCITS ETF Dist | 1.28% | 1.39% | 1.34% | 1.49% | 1.54% |
XDED.DE Xtrackers S&P 500 Equal Weight UCITS ETF 2D | 1.25% | 1.35% | 1.61% | 0.83% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, SP2D.DE and XDED.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SP2D.DE and XDED.DE have the same expense ratio: 0.20% per year.
SP2D.DE tracks S&P 500® Equal Weight, while XDED.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: Invesco and Xtrackers.
Find the right allocation for SP2D.DE and XDED.DE
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