SPP7.DE vs. SPP3.DE
SPP7.DE (SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF) and SPP3.DE (SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF) are both Government Bonds funds from State Street - SPP7.DE tracks the Bloomberg US 7-10 Year Treasury Bond while SPP3.DE tracks the Bloomberg US 3-7 Year Treasury Bond. Both are passively managed. Over the past 10 years, SPP7.DE returned 0.60%/yr vs 1.16%/yr for SPP3.DE. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.
Performance
SPP7.DE vs. SPP3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPP7.DE achieves a 0.25% return, which is significantly lower than SPP3.DE's 0.86% return. Over the past 10 years, SPP7.DE has underperformed SPP3.DE with an annualized return of 0.60%, while SPP3.DE has yielded a comparatively higher 1.16% annualized return.
SPP7.DE
- 1D
- 0.01%
- 1M
- 0.57%
- YTD
- 0.25%
- 6M
- -0.49%
- 1Y
- 1.93%
- 3Y*
- -0.11%
- 5Y*
- 0.17%
- 10Y*
- 0.60%
SPP3.DE
- 1D
- 0.03%
- 1M
- 0.59%
- YTD
- 0.86%
- 6M
- 0.21%
- 1Y
- 1.40%
- 3Y*
- 0.87%
- 5Y*
- 1.43%
- 10Y*
- 1.16%
SPP7.DE vs. SPP3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPP7.DE SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF | 0.25% | -3.30% | 5.21% | 1.24% | -9.75% | 4.98% | -0.10% | 11.45% | 5.07% | -9.83% |
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF | 0.86% | -4.58% | 7.72% | 1.58% | -3.86% | 5.71% | -2.64% | 7.91% | 5.84% | -11.29% |
Correlation
The correlation between SPP7.DE and SPP3.DE is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2016 | 0.91 |
The correlation between SPP7.DE and SPP3.DE has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.
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
SPP7.DE vs. SPP3.DE — Risk / Return Rank
SPP7.DE
SPP3.DE
SPP7.DE vs. SPP3.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) and SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.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.
| SPP7.DE | SPP3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 0.34 | +0.10 |
| Martin ratioReturn relative to average drawdown | 1.13 | 0.87 | +0.26 |
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 charts...
Sharpe Ratios by Period
| SPP7.DE | SPP3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 0.26 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.18 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.16 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.12 | -0.07 |
Drawdowns
SPP7.DE vs. SPP3.DE - Drawdown Comparison
The maximum SPP7.DE drawdown since its inception was -20.31%, which is greater than SPP3.DE's maximum drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for SPP7.DE and SPP3.DE.
Loading charts...
Drawdown Indicators
| SPP7.DE | SPP3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.31% | -16.82% | -3.49% |
Max Drawdown (1Y)Largest decline over 1 year | -4.35% | -4.06% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -9.95% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -14.56% | -11.51% | -3.05% |
Max Drawdown (10Y)Largest decline over 10 years | -20.31% | -16.82% | -3.49% |
Current DrawdownCurrent decline from peak | -15.29% | -6.25% | -9.04% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -6.75% | -3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.61% | +0.08% |
Volatility
SPP7.DE vs. SPP3.DE - Volatility Comparison
SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) has a higher volatility of 1.06% compared to SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF (SPP3.DE) at 0.76%. This indicates that SPP7.DE's price experiences larger fluctuations and is considered to be riskier than SPP3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPP7.DE | SPP3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 0.76% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 3.64% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 5.29% | +0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 7.72% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.49% | 7.35% | +1.14% |
SPP7.DE vs. SPP3.DE - Expense Ratio Comparison
Both SPP7.DE and SPP3.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
SPP7.DE vs. SPP3.DE - Dividend Comparison
SPP7.DE's dividend yield for the trailing twelve months is around 4.07%, more than SPP3.DE's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SPP3.DE SPDR Bloomberg 3-7 Year US Treasury Bond UCITS ETF | 3.91% | 3.96% | 3.14% | 2.90% | 1.13% | 0.93% | 1.80% | 2.12% | 1.59% | 1.48% | 0.44% |
SPP7.DE SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF | 4.07% | 4.20% | 3.47% | 4.07% | 1.66% | 0.97% | 1.69% | 2.33% | 1.98% | 1.99% | 0.70% |
Frequently Asked Questions
With a correlation of 0.91, SPP7.DE and SPP3.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPP7.DE and SPP3.DE have the same expense ratio: 0.15% per year.
SPP7.DE tracks Bloomberg US 7-10 Year Treasury Bond, while SPP3.DE tracks Bloomberg US 3-7 Year Treasury Bond.
Find the right allocation for SPP7.DE and SPP3.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