SPP2.DE vs. SPYL.DE
Compare and contrast key facts about SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE).
SPP2.DE and SPYL.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 Global Advisors Europe Limited that tracks the performance of the MSCI ACWI (USD Hedged). It was launched on Oct 21, 2020. SPYL.DE is a passively managed fund by State Street that tracks the performance of the S&P 500®. It was launched on Oct 31, 2023. Both SPP2.DE and SPYL.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: SPP2.DE or SPYL.DE.
Correlation
The correlation between SPP2.DE and SPYL.DE is 0.90, 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
SPP2.DE vs. SPYL.DE - Performance Comparison
Key characteristics
SPP2.DE:
1.89
SPYL.DE:
2.21
SPP2.DE:
2.57
SPYL.DE:
3.06
SPP2.DE:
1.35
SPYL.DE:
1.44
SPP2.DE:
2.59
SPYL.DE:
3.38
SPP2.DE:
11.47
SPYL.DE:
14.72
SPP2.DE:
1.87%
SPYL.DE:
1.89%
SPP2.DE:
11.39%
SPYL.DE:
12.63%
SPP2.DE:
-19.52%
SPYL.DE:
-8.25%
SPP2.DE:
-0.21%
SPYL.DE:
-0.31%
Returns By Period
The year-to-date returns for both stocks are quite close, with SPP2.DE having a 3.64% return and SPYL.DE slightly lower at 3.51%.
SPP2.DE
3.64%
1.36%
8.35%
20.55%
N/A
N/A
SPYL.DE
3.51%
1.22%
16.69%
28.93%
N/A
N/A
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SPP2.DE vs. SPYL.DE - Expense Ratio Comparison
SPP2.DE has a 0.45% expense ratio, which is higher than SPYL.DE's 0.03% expense ratio.
Risk-Adjusted Performance
SPP2.DE vs. SPYL.DE — Risk-Adjusted Performance Rank
SPP2.DE
SPYL.DE
SPP2.DE vs. SPYL.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.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
SPP2.DE vs. SPYL.DE - Dividend Comparison
Neither SPP2.DE nor SPYL.DE has paid dividends to shareholders.
Drawdowns
SPP2.DE vs. SPYL.DE - Drawdown Comparison
The maximum SPP2.DE drawdown since its inception was -19.52%, which is greater than SPYL.DE's maximum drawdown of -8.25%. Use the drawdown chart below to compare losses from any high point for SPP2.DE and SPYL.DE. For additional features, visit the drawdowns tool.
Volatility
SPP2.DE vs. SPYL.DE - Volatility Comparison
SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE) have volatilities of 3.51% and 3.69%, 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.