SPEU vs. IEV
Compare and contrast key facts about SPDR Portfolio Europe ETF (SPEU) and iShares Europe ETF (IEV).
SPEU and IEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPEU is a passively managed fund by State Street that tracks the performance of the STOXX Europe Total Market. It was launched on Oct 15, 2002. IEV is a passively managed fund by iShares that tracks the performance of the S&P Europe 350 Index. It was launched on Jul 25, 2000. Both SPEU and IEV 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: SPEU or IEV.
Performance
SPEU vs. IEV - Performance Comparison
Returns By Period
In the year-to-date period, SPEU achieves a 3.22% return, which is significantly higher than IEV's 2.82% return. Over the past 10 years, SPEU has underperformed IEV with an annualized return of 4.42%, while IEV has yielded a comparatively higher 4.67% annualized return.
SPEU
3.22%
-6.66%
-5.48%
10.19%
6.22%
4.42%
IEV
2.82%
-6.77%
-6.05%
9.33%
6.17%
4.67%
Key characteristics
| SPEU | IEV | |
|---|---|---|
| Sharpe Ratio | 0.90 | 0.84 |
| Sortino Ratio | 1.30 | 1.21 |
| Omega Ratio | 1.15 | 1.14 |
| Calmar Ratio | 1.18 | 1.09 |
| Martin Ratio | 4.10 | 3.75 |
| Ulcer Index | 2.84% | 2.89% |
| Daily Std Dev | 12.90% | 12.93% |
| Max Drawdown | -62.45% | -63.27% |
| Current Drawdown | -9.59% | -9.53% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPEU vs. IEV - Expense Ratio Comparison
SPEU has a 0.09% expense ratio, which is lower than IEV's 0.59% expense ratio.
Correlation
The correlation between SPEU and IEV is 0.92, 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.
Risk-Adjusted Performance
SPEU vs. IEV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Europe ETF (SPEU) and iShares Europe ETF (IEV). 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
SPEU vs. IEV - Dividend Comparison
SPEU's dividend yield for the trailing twelve months is around 3.13%, more than IEV's 3.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPEU SPDR Portfolio Europe ETF | 3.13% | 2.91% | 3.08% | 2.67% | 2.30% | 3.19% | 3.99% | 2.82% | 3.66% | 3.62% | 5.91% | 3.06% |
IEV iShares Europe ETF | 3.00% | 2.77% | 3.06% | 2.81% | 1.76% | 3.06% | 3.43% | 2.39% | 3.08% | 2.81% | 3.79% | 2.33% |
Drawdowns
SPEU vs. IEV - Drawdown Comparison
The maximum SPEU drawdown since its inception was -62.45%, roughly equal to the maximum IEV drawdown of -63.27%. Use the drawdown chart below to compare losses from any high point for SPEU and IEV. For additional features, visit the drawdowns tool.
Volatility
SPEU vs. IEV - Volatility Comparison
SPDR Portfolio Europe ETF (SPEU) and iShares Europe ETF (IEV) have volatilities of 4.26% and 4.40%, 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.