SPF9.DE vs. SPPY.DE
Compare and contrast key facts about SPDR MSCI USA Climate Paris Aligned UCITS ETF USD Unhedged (Acc) (SPF9.DE) and SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE).
SPF9.DE and SPPY.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPF9.DE is a passively managed fund by State Street that tracks the performance of the MSCI USA Climate Paris Aligned. It was launched on Mar 4, 2022. SPPY.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 ESG Leaders. It was launched on Dec 2, 2019. Both SPF9.DE and SPPY.DE 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: SPF9.DE or SPPY.DE.
Key characteristics
| SPF9.DE | SPPY.DE | |
|---|---|---|
| YTD Return | 28.43% | 31.01% |
| 1Y Return | 38.01% | 38.26% |
| Sharpe Ratio | 2.88 | 2.96 |
| Sortino Ratio | 3.88 | 4.03 |
| Omega Ratio | 1.57 | 1.61 |
| Calmar Ratio | 4.40 | 4.19 |
| Martin Ratio | 18.76 | 17.22 |
| Ulcer Index | 1.92% | 2.12% |
| Daily Std Dev | 12.42% | 12.25% |
| Max Drawdown | -18.02% | -33.31% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SPF9.DE and SPPY.DE is 0.97, 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.
Performance
SPF9.DE vs. SPPY.DE - Performance Comparison
In the year-to-date period, SPF9.DE achieves a 28.43% return, which is significantly lower than SPPY.DE's 31.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPF9.DE vs. SPPY.DE - Expense Ratio Comparison
SPF9.DE has a 0.12% expense ratio, which is higher than SPPY.DE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPF9.DE vs. SPPY.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI USA Climate Paris Aligned UCITS ETF USD Unhedged (Acc) (SPF9.DE) and SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.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.
Dividends
SPF9.DE vs. SPPY.DE - Dividend Comparison
Neither SPF9.DE nor SPPY.DE has paid dividends to shareholders.
Drawdowns
SPF9.DE vs. SPPY.DE - Drawdown Comparison
The maximum SPF9.DE drawdown since its inception was -18.02%, smaller than the maximum SPPY.DE drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for SPF9.DE and SPPY.DE. For additional features, visit the drawdowns tool.
Volatility
SPF9.DE vs. SPPY.DE - Volatility Comparison
SPDR MSCI USA Climate Paris Aligned UCITS ETF USD Unhedged (Acc) (SPF9.DE) and SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) have volatilities of 3.54% and 3.65%, 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.