SPP3.DE vs. SYB5.DE
SPP3.DE (SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF) and SYB5.DE (State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)) are both Government Bonds funds from State Street - SPP3.DE tracks the Bloomberg US 3-7 Year Treasury Bond while SYB5.DE tracks the Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index. Both are passively managed. Over the past 10 years, SPP3.DE returned 0.85%/yr vs 0.46%/yr for SYB5.DE. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
SPP3.DE vs. SYB5.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPP3.DE achieves a 2.70% return, which is significantly lower than SYB5.DE's 3.17% return. Over the past 10 years, SPP3.DE has outperformed SYB5.DE with an annualized return of 0.85%, while SYB5.DE has yielded a comparatively lower 0.46% annualized return.
SPP3.DE
- 1D
- 0.16%
- 1M
- 1.32%
- 6M
- 1.57%
- YTD
- 2.70%
- 1Y
- 4.44%
- 3Y*
- 3.10%
- 5Y*
- 0.94%
- 10Y*
- 0.85%
SYB5.DE
- 1D
- -0.19%
- 1M
- 1.54%
- 6M
- 2.25%
- YTD
- 3.17%
- 1Y
- 4.31%
- 3Y*
- 4.69%
- 5Y*
- 1.04%
- 10Y*
- 0.46%
SPP3.DE vs. SYB5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF | 2.70% | -4.58% | 7.67% | 0.68% | -3.88% | 5.69% | -2.62% | 7.92% | 5.84% | -11.29% |
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) | 3.17% | 0.33% | 6.69% | 5.72% | -10.68% | 5.60% | -4.05% | 6.95% | -1.42% | -4.07% |
Correlation
The correlation between SPP3.DE and SYB5.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 17, 2016 | 0.24 |
The correlation between SPP3.DE and SYB5.DE shifts across timeframes, from 0.11 (1 year) to 0.28 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPP3.DE vs. SYB5.DE — Risk / Return Rank
SPP3.DE
SYB5.DE
SPP3.DE vs. SYB5.DE - Risk-Adjusted Trends 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 State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPP3.DE | SYB5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 2.12 | -1.03 |
| Martin ratioReturn relative to average drawdown | 2.84 | 5.59 | -2.75 |
Loading charts...
Drawdowns
SPP3.DE vs. SYB5.DE - Drawdown Comparison
The maximum SPP3.DE drawdown since its inception was -21.43%, smaller than the maximum SYB5.DE drawdown of -26.72%. Use the drawdown chart below to compare losses from any high point for SPP3.DE and SYB5.DE.
Loading charts...
Drawdown Indicators
| SPP3.DE | SYB5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.43% | -26.72% | +5.29% |
Max Drawdown (1Y)Largest decline over 1 year | -4.07% | -2.02% | -2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -9.93% | -4.43% | -5.50% |
Max Drawdown (5Y)Largest decline over 5 years | -12.33% | -15.56% | +3.23% |
Max Drawdown (10Y)Largest decline over 10 years | -21.43% | -16.19% | -5.24% |
Current DrawdownCurrent decline from peak | -5.14% | -10.23% | +5.09% |
Average DrawdownAverage peak-to-trough decline | -8.92% | -13.57% | +4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 0.77% | +0.79% |
Volatility
SPP3.DE vs. SYB5.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE) is 1.20%, while State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE) has a volatility of 1.38%. This indicates that SPP3.DE experiences smaller price fluctuations and is considered to be less risky than SYB5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPP3.DE | SYB5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.38% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.63% | 3.51% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.24% | 4.56% | +0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.54% | 6.28% | +1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.57% | 6.93% | +3.64% |
SPP3.DE vs. SYB5.DE - Expense Ratio Comparison
Both SPP3.DE and SYB5.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SPP3.DE vs. SYB5.DE - Dividend Comparison
SPP3.DE's dividend yield for the trailing twelve months is around 3.84%, more than SYB5.DE's 3.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF | 3.84% | 3.96% | 3.12% | 1.99% | 1.13% | 0.93% | 1.80% | 2.12% | 1.59% | 1.48% | 0.44% | 0.00% |
SYB5.DE State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) | 3.55% | 3.52% | 2.66% | 1.30% | 0.19% | 0.12% | 0.48% | 0.57% | 0.40% | 0.54% | 0.94% | 0.99% |
Frequently Asked Questions
SPP3.DE and SYB5.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPP3.DE and SYB5.DE have the same expense ratio: 0.15% per year.
SPP3.DE tracks Bloomberg US 3-7 Year Treasury Bond, while SYB5.DE tracks Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index.
Find the right allocation for SPP3.DE and SYB5.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer