SPEM vs. ACN

Last updated Jun 14, 2026

SPEM (SPDR Portfolio Emerging Markets ETF) is Emerging Markets Equities fund tracking the S&P Emerging Markets BMI, while ACN (Accenture plc) is a stock. Over the past 10 years, SPEM returned 9.63%/yr vs 5.50%/yr for ACN. At a 0.48 correlation, their price movements are largely independent.

Performance

SPEM vs. ACN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Emerging Markets ETF (SPEM) and Accenture plc (ACN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPEM achieves a 11.32% return, which is significantly higher than ACN's -35.62% return. Over the past 10 years, SPEM has outperformed ACN with an annualized return of 9.63%, while ACN has yielded a comparatively lower 5.50% annualized return.

SPEM

• 1D: 0.87%
• 1M: -0.13%
• YTD: 11.32%
• 6M: 13.11%
• 1Y: 27.73%
• 3Y*: 17.37%
• 5Y*: 5.60%
• 10Y*: 9.63%

ACN

• 1D: 1.65%
• 1M: 3.84%
• YTD: -35.62%
• 6M: -36.39%
• 1Y: -43.95%
• 3Y*: -16.94%
• 5Y*: -8.24%
• 10Y*: 5.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPEM vs. ACN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPEM SPDR Portfolio Emerging Markets ETF	11.32%	25.63%	11.40%	10.51%	-17.90%	1.51%	14.55%	19.69%	-13.26%	34.82%
ACN Accenture plc	-35.62%	-22.14%	1.86%	33.60%	-34.75%	60.67%	26.04%	51.21%	-6.23%	33.34%

Correlation

The correlation between SPEM and ACN is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Mar 23, 2007	0.48

Over the past year, the correlation between SPEM and ACN has dropped to 0.11 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Return for Risk

SPEM vs. ACN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPEM

SPEM Risk / Return Rank: 52
SPEM Sharpe Ratio Rank: 52
SPEM Sortino Ratio Rank: 49
SPEM Omega Ratio Rank: 53
SPEM Calmar Ratio Rank: 52
SPEM Martin Ratio Rank: 54

ACN

ACN Risk / Return Rank: 3
ACN Sharpe Ratio Rank: 2
ACN Sortino Ratio Rank: 3
ACN Omega Ratio Rank: 4
ACN Calmar Ratio Rank: 5
ACN Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPEM vs. ACN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Emerging Markets ETF (SPEM) and Accenture plc (ACN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPEM	ACN	Difference
Sharpe ratio: Return per unit of total volatility	1.55	-1.26	+2.81
Sortino ratio: Return per unit of downside risk	2.16	-1.93	+4.09
Omega ratio: Gain probability vs. loss probability	1.29	0.77	+0.52
Calmar ratio: Return relative to maximum drawdown	2.28	-0.94	+3.22
Martin ratio: Return relative to average drawdown	8.16	-1.72	+9.88

SPEM vs. ACN - Sharpe Ratio Comparison

The current SPEM Sharpe Ratio is 1.55, which is higher than the ACN Sharpe Ratio of -1.26. The chart below compares the historical Sharpe Ratios of SPEM and ACN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPEM vs. ACN - Drawdown Comparison

The maximum SPEM drawdown since its inception was -64.41%, which is greater than ACN's maximum drawdown of -59.20%. Use the drawdown chart below to compare losses from any high point for SPEM and ACN.

Drawdown Indicators

	SPEM	ACN	Difference
Max Drawdown Largest peak-to-trough decline	-64.41%	-59.20%	-5.21%
Max Drawdown (1Y) Largest decline over 1 year	-11.36%	-47.89%	+36.53%
Max Drawdown (3Y) Largest decline over 3 years	-17.62%	-58.67%	+41.05%
Max Drawdown (5Y) Largest decline over 5 years	-31.75%	-58.67%	+26.92%
Max Drawdown (10Y) Largest decline over 10 years	-36.06%	-58.67%	+22.61%
Current Drawdown Current decline from peak	-2.40%	-55.91%	+53.51%
Average Drawdown Average peak-to-trough decline	-14.73%	-12.89%	-1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	26.93%	-23.76%

Volatility

SPEM vs. ACN - Volatility Comparison

The current volatility for SPDR Portfolio Emerging Markets ETF (SPEM) is 6.87%, while Accenture plc (ACN) has a volatility of 12.95%. This indicates that SPEM experiences smaller price fluctuations and is considered to be less risky than ACN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPEM	ACN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	12.95%	-6.08%
Volatility (6M) Calculated over the trailing 6-month period	14.21%	29.81%	-15.60%
Volatility (1Y) Calculated over the trailing 1-year period	16.67%	36.02%	-19.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.26%	28.60%	-11.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.83%	26.87%	-8.04%

Dividends

SPEM vs. ACN - Dividend Comparison

SPEM's dividend yield for the trailing twelve months is around 2.49%, less than ACN's 3.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACN Accenture plc	3.74%	2.26%	1.52%	1.33%	1.51%	0.87%	1.26%	1.07%	1.98%	1.66%	1.97%	2.03%
SPEM SPDR Portfolio Emerging Markets ETF	2.49%	2.77%	2.78%	2.80%	3.38%	3.14%	1.92%	2.94%	2.34%	1.12%	1.51%	2.40%

Frequently Asked Questions

Can I hold both SPEM and ACN in my portfolio?

SPEM and ACN have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPEM or ACN?

ACN has higher volatility (12.95%) compared to SPEM (6.87%). In terms of maximum drawdown, SPEM dropped -64.41% vs ACN's -59.20%.

Which has better risk-adjusted returns?

SPEM currently has the higher Sharpe Ratio (1.55 vs -1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.