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SPEU vs. IEV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


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Performance

SPEU vs. IEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Europe ETF (SPEU) and iShares Europe ETF (IEV). The values are adjusted to include any dividend payments, if applicable.

-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%AugustSeptemberOctoberNovemberDecember2025
-3.48%
-3.74%
SPEU
IEV

Key characteristics

Sharpe Ratio

SPEU:

0.40

IEV:

0.35

Sortino Ratio

SPEU:

0.62

IEV:

0.56

Omega Ratio

SPEU:

1.07

IEV:

1.07

Calmar Ratio

SPEU:

0.46

IEV:

0.40

Martin Ratio

SPEU:

1.18

IEV:

1.03

Ulcer Index

SPEU:

4.33%

IEV:

4.37%

Daily Std Dev

SPEU:

12.81%

IEV:

12.87%

Max Drawdown

SPEU:

-62.45%

IEV:

-63.27%

Current Drawdown

SPEU:

-9.50%

IEV:

-9.47%

Returns By Period

In the year-to-date period, SPEU achieves a 1.36% return, which is significantly lower than IEV's 1.50% return. Both investments have delivered pretty close results over the past 10 years, with SPEU having a 5.28% annualized return and IEV not far ahead at 5.39%.


SPEU

YTD

1.36%

1M

-3.03%

6M

-3.48%

1Y

3.99%

5Y*

5.22%

10Y*

5.28%

IEV

YTD

1.50%

1M

-3.19%

6M

-3.74%

1Y

3.37%

5Y*

5.21%

10Y*

5.39%

*Annualized

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SPDR Portfolio Europe ETF

iShares Europe ETF

SPEU vs. IEV - Expense Ratio Comparison

SPEU has a 0.09% expense ratio, which is lower than IEV's 0.59% expense ratio.


Expense ratio chart for IEV: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for SPEU: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

SPEU vs. IEV — Risk-Adjusted Performance Rank

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

SPEU
The Risk-Adjusted Performance Rank of SPEU is 2222
Overall Rank
The Sharpe Ratio Rank of SPEU is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of SPEU is 2020
Sortino Ratio Rank
The Omega Ratio Rank of SPEU is 1919
Omega Ratio Rank
The Calmar Ratio Rank of SPEU is 2929
Calmar Ratio Rank
The Martin Ratio Rank of SPEU is 2020
Martin Ratio Rank

IEV
The Risk-Adjusted Performance Rank of IEV is 2020
Overall Rank
The Sharpe Ratio Rank of IEV is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of IEV is 1818
Sortino Ratio Rank
The Omega Ratio Rank of IEV is 1818
Omega Ratio Rank
The Calmar Ratio Rank of IEV is 2727
Calmar Ratio Rank
The Martin Ratio Rank of IEV is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for SPEU, currently valued at 0.40, compared to the broader market0.002.004.000.400.35
The chart of Sortino ratio for SPEU, currently valued at 0.62, compared to the broader market-2.000.002.004.006.008.0010.0012.000.620.56
The chart of Omega ratio for SPEU, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.07
The chart of Calmar ratio for SPEU, currently valued at 0.46, compared to the broader market0.005.0010.0015.000.460.40
The chart of Martin ratio for SPEU, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.181.03
SPEU
IEV

The current SPEU Sharpe Ratio is 0.40, which is comparable to the IEV Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of SPEU and IEV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
0.40
0.35
SPEU
IEV

Dividends

SPEU vs. IEV - Dividend Comparison

SPEU's dividend yield for the trailing twelve months is around 3.25%, more than IEV's 3.06% yield.


TTM20242023202220212020201920182017201620152014
SPEU
SPDR Portfolio Europe ETF
3.25%3.29%2.91%3.08%2.67%2.30%3.19%3.99%2.82%3.66%3.62%5.91%
IEV
iShares Europe ETF
3.06%3.10%2.77%3.06%2.81%1.76%3.06%3.43%2.39%3.08%2.81%3.79%

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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-9.50%
-9.47%
SPEU
IEV

Volatility

SPEU vs. IEV - Volatility Comparison

SPDR Portfolio Europe ETF (SPEU) and iShares Europe ETF (IEV) have volatilities of 3.27% and 3.19%, 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.


2.50%3.00%3.50%4.00%4.50%5.00%AugustSeptemberOctoberNovemberDecember2025
3.27%
3.19%
SPEU
IEV

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