SPP3.DE vs. SPY
Compare and contrast key facts about SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE) and SPDR S&P 500 ETF (SPY).
SPP3.DE and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPP3.DE is a passively managed fund by State Street that tracks the performance of the Bloomberg US 3-7 Year Treasury Bond. It was launched on Feb 17, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both SPP3.DE and SPY 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: SPP3.DE or SPY.
Correlation
The correlation between SPP3.DE and SPY is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPP3.DE vs. SPY - Performance Comparison
Key characteristics
SPP3.DE:
1.13
SPY:
1.97
SPP3.DE:
1.88
SPY:
2.64
SPP3.DE:
1.24
SPY:
1.36
SPP3.DE:
0.83
SPY:
2.97
SPP3.DE:
4.73
SPY:
12.34
SPP3.DE:
1.58%
SPY:
2.03%
SPP3.DE:
6.61%
SPY:
12.68%
SPP3.DE:
-16.82%
SPY:
-55.19%
SPP3.DE:
-0.69%
SPY:
-0.01%
Returns By Period
In the year-to-date period, SPP3.DE achieves a 1.62% return, which is significantly lower than SPY's 4.03% return.
SPP3.DE
1.62%
0.03%
6.32%
8.14%
0.87%
N/A
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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SPP3.DE vs. SPY - Expense Ratio Comparison
SPP3.DE has a 0.15% expense ratio, which is higher than SPY's 0.09% 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
SPP3.DE vs. SPY — Risk-Adjusted Performance Rank
SPP3.DE
SPY
SPP3.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE) and SPDR S&P 500 ETF (SPY). 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
SPP3.DE vs. SPY - Dividend Comparison
SPP3.DE's dividend yield for the trailing twelve months is around 3.52%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF | 3.52% | 3.14% | 2.90% | 1.13% | 0.93% | 1.80% | 2.12% | 1.59% | 1.48% | 0.44% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SPP3.DE vs. SPY - Drawdown Comparison
The maximum SPP3.DE drawdown since its inception was -16.82%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPP3.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
SPP3.DE vs. SPY - Volatility Comparison
The current volatility for SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE) is 1.29%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.13%. This indicates that SPP3.DE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.