SPP7.DE vs. SPYY.DE
SPP7.DE (SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF) and SPYY.DE (SPDR MSCI ACWI UCITS ETF) are both exchange-traded funds - SPP7.DE is a Government Bonds fund tracking the Bloomberg US 7-10 Year Treasury Bond, while SPYY.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 10 years, SPP7.DE returned 0.60%/yr vs 12.40%/yr for SPYY.DE. At a 0.04 correlation, their price movements are largely independent. SPP7.DE charges 0.15%/yr vs 0.40%/yr for SPYY.DE.
Performance
SPP7.DE vs. SPYY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPP7.DE achieves a 0.25% return, which is significantly lower than SPYY.DE's 12.54% return. Over the past 10 years, SPP7.DE has underperformed SPYY.DE with an annualized return of 0.60%, while SPYY.DE has yielded a comparatively higher 12.40% 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%
SPYY.DE
- 1D
- -0.21%
- 1M
- 4.97%
- YTD
- 12.54%
- 6M
- 13.23%
- 1Y
- 26.75%
- 3Y*
- 17.99%
- 5Y*
- 12.35%
- 10Y*
- 12.40%
SPP7.DE vs. SPYY.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% |
SPYY.DE SPDR MSCI ACWI UCITS ETF | 12.54% | 9.46% | 24.56% | 18.22% | -13.82% | 29.11% | 5.12% | 30.21% | -6.02% | 8.80% |
Correlation
The correlation between SPP7.DE and SPYY.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2016 | 0.04 |
The correlation between SPP7.DE and SPYY.DE shifts across timeframes, from 0.01 (5 years) to 0.16 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SPP7.DE vs. SPYY.DE — Risk / Return Rank
SPP7.DE
SPYY.DE
SPP7.DE vs. SPYY.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 MSCI ACWI UCITS ETF (SPYY.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 | SPYY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.44 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 4.10 | -3.66 |
| Martin ratioReturn relative to average drawdown | 1.13 | 16.60 | -15.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPP7.DE | SPYY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 2.32 | -1.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.88 | -0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.82 | -0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.83 | -0.78 |
Drawdowns
SPP7.DE vs. SPYY.DE - Drawdown Comparison
The maximum SPP7.DE drawdown since its inception was -20.31%, smaller than the maximum SPYY.DE drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for SPP7.DE and SPYY.DE.
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Drawdown Indicators
| SPP7.DE | SPYY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.31% | -33.49% | +13.18% |
Max Drawdown (1Y)Largest decline over 1 year | -4.35% | -6.49% | +2.14% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -21.27% | +10.69% |
Max Drawdown (5Y)Largest decline over 5 years | -14.56% | -21.27% | +6.71% |
Max Drawdown (10Y)Largest decline over 10 years | -20.31% | -33.49% | +13.18% |
Current DrawdownCurrent decline from peak | -15.29% | -0.61% | -14.68% |
Average DrawdownAverage peak-to-trough decline | -10.62% | -4.39% | -6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 1.61% | +0.08% |
Volatility
SPP7.DE vs. SPYY.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF (SPP7.DE) is 1.06%, while SPDR MSCI ACWI UCITS ETF (SPYY.DE) has a volatility of 3.05%. This indicates that SPP7.DE experiences smaller price fluctuations and is considered to be less risky than SPYY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPP7.DE | SPYY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 3.05% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 8.21% | -4.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.82% | 11.47% | -5.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 13.90% | -4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.49% | 15.07% | -6.58% |
SPP7.DE vs. SPYY.DE - Expense Ratio Comparison
SPP7.DE has a 0.15% expense ratio, which is lower than SPYY.DE's 0.40% expense ratio.
Dividends
SPP7.DE vs. SPYY.DE - Dividend Comparison
SPP7.DE's dividend yield for the trailing twelve months is around 4.07%, while SPYY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPYY.DE SPDR MSCI ACWI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPP7.DE and SPYY.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPP7.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPP7.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for SPYY.DE.
SPP7.DE is categorized as Government Bonds, while SPYY.DE is Global Equities. SPP7.DE tracks Bloomberg US 7-10 Year Treasury Bond, while SPYY.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.15% for SPP7.DE and 0.40% for SPYY.DE.
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