SPF1.DE vs. FDJ.PA

Last updated Jun 5, 2026

SPF1.DE (SPDR FTSE Global Convertible Bond EUR Hedged UCITS ETF Accumulating) is Convertible Bonds fund tracking the FTSE Qualified Global Convertible Index (EUR Hedged), while FDJ.PA (La Francaise Des Jeux Sa) is a stock. At a 0.33 correlation, their price movements are largely independent.

Performance

SPF1.DE vs. FDJ.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR FTSE Global Convertible Bond EUR Hedged UCITS ETF Accumulating (SPF1.DE) and La Francaise Des Jeux Sa (FDJ.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPF1.DE

• 1D: 0.59%
• 1M: 4.99%
• YTD: 17.82%
• 6M: 20.07%
• 1Y: 34.78%
• 3Y*: 17.81%
• 5Y*: 5.89%
• 10Y*: —

FDJ.PA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPF1.DE vs. FDJ.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SPF1.DE SPDR FTSE Global Convertible Bond EUR Hedged UCITS ETF Accumulating	17.82%	20.76%	8.42%	12.25%	-20.28%	-1.66%	32.01%	3.02%
FDJ.PA La Francaise Des Jeux Sa	0.00%	-14.13%	19.36%	-9.41%	-0.01%	5.99%	59.46%	4.96%

Correlation

The correlation between SPF1.DE and FDJ.PA is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Nov 22, 2019	0.33

The correlation between SPF1.DE and FDJ.PA shifts across timeframes, from 0.18 (3 years) to 0.33 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SPF1.DE vs. FDJ.PA — Risk / Return Rank

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

SPF1.DE

SPF1.DE Risk / Return Rank: 90
SPF1.DE Sharpe Ratio Rank: 88
SPF1.DE Sortino Ratio Rank: 91
SPF1.DE Omega Ratio Rank: 89
SPF1.DE Calmar Ratio Rank: 88
SPF1.DE Martin Ratio Rank: 91

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.

SPF1.DE vs. FDJ.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE Global Convertible Bond EUR Hedged UCITS ETF Accumulating (SPF1.DE) and La Francaise Des Jeux Sa (FDJ.PA). 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.

	SPF1.DE	FDJ.PA	Difference
Sharpe ratio: Return per unit of total volatility	2.91	—	—
Sortino ratio: Return per unit of downside risk	4.30	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	5.04	—	—
Martin ratio: Return relative to average drawdown	21.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SPF1.DE	FDJ.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	—	—

Drawdowns

Drawdown Indicators

	SPF1.DE	FDJ.PA	Difference
Max Drawdown Largest peak-to-trough decline	-30.44%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.86%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.99%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-11.33%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	—	—

Volatility

Volatility by Period

	SPF1.DE	FDJ.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.88%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.63%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.68%	—	—

Dividends

SPF1.DE vs. FDJ.PA - Dividend Comparison

Neither SPF1.DE nor FDJ.PA has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
FDJ.PA La Francaise Des Jeux Sa	0.00%	6.41%	4.78%	4.17%	3.30%	2.31%	1.20%
SPF1.DE SPDR FTSE Global Convertible Bond EUR Hedged UCITS ETF Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPF1.DE and FDJ.PA in my portfolio?

SPF1.DE and FDJ.PA have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.