SPP2.DE vs. IS3Q.DE
Compare and contrast key facts about SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE).
SPP2.DE and IS3Q.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPP2.DE is a passively managed fund by State Street that tracks the performance of the MSCI ACWI (USD Hedged). It was launched on Oct 21, 2020. IS3Q.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Sector Neutral Quality. It was launched on Oct 3, 2014. Both SPP2.DE and IS3Q.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.
Performance
SPP2.DE vs. IS3Q.DE - Performance Comparison
Loading graphics...
SPP2.DE vs. IS3Q.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPP2.DE SPDR MSCI ACWI UCITS ETF USD Hedged Acc | -1.46% | 21.21% | 20.40% | 22.86% | -16.46% | 21.23% | 11.03% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | -1.46% | 16.05% | 16.71% | 25.55% | -19.53% | 23.69% | 10.40% |
Different Trading Currencies
SPP2.DE is traded in USD, while IS3Q.DE is traded in EUR. To make them comparable, the IS3Q.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with SPP2.DE at -1.46% and IS3Q.DE at -1.46%.
SPP2.DE
- 1D
- 2.81%
- 1M
- -3.76%
- YTD
- -1.46%
- 6M
- 2.68%
- 1Y
- 21.59%
- 3Y*
- 18.11%
- 5Y*
- 10.86%
- 10Y*
- —
IS3Q.DE
- 1D
- 2.18%
- 1M
- -4.61%
- YTD
- -1.46%
- 6M
- 2.06%
- 1Y
- 16.40%
- 3Y*
- 16.31%
- 5Y*
- 9.67%
- 10Y*
- 11.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPP2.DE vs. IS3Q.DE - Expense Ratio Comparison
SPP2.DE has a 0.45% expense ratio, which is higher than IS3Q.DE's 0.30% expense ratio.
Return for Risk
SPP2.DE vs. IS3Q.DE — Risk / Return Rank
SPP2.DE
IS3Q.DE
SPP2.DE vs. IS3Q.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.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.
| SPP2.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 1.04 | +0.35 |
Sortino ratioReturn per unit of downside risk | 1.94 | 1.53 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.37 | 1.84 | +0.53 |
Martin ratioReturn relative to average drawdown | 10.18 | 7.44 | +2.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPP2.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.04 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.62 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.66 | +0.24 |
Correlation
The correlation between SPP2.DE and IS3Q.DE 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.
Dividends
SPP2.DE vs. IS3Q.DE - Dividend Comparison
Neither SPP2.DE nor IS3Q.DE has paid dividends to shareholders.
Drawdowns
SPP2.DE vs. IS3Q.DE - Drawdown Comparison
The maximum SPP2.DE drawdown since its inception was -22.60%, smaller than the maximum IS3Q.DE drawdown of -32.79%. Use the drawdown chart below to compare losses from any high point for SPP2.DE and IS3Q.DE.
Loading graphics...
Drawdown Indicators
| SPP2.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -32.31% | +9.71% |
Max Drawdown (1Y)Largest decline over 1 year | -12.08% | -12.43% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -22.60% | -20.63% | -1.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.31% | — |
Current DrawdownCurrent decline from peak | -5.10% | -4.04% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -4.67% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 1.95% | +0.13% |
Volatility
SPP2.DE vs. IS3Q.DE - Volatility Comparison
SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) has a higher volatility of 5.51% compared to iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) at 4.73%. This indicates that SPP2.DE's price experiences larger fluctuations and is considered to be riskier than IS3Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPP2.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 4.73% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 8.41% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 15.73% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.76% | 15.49% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.77% | 15.62% | -0.85% |