SPPC.DE vs. SPY5.DE

Last updated Apr 2, 2026

Compare and contrast key facts about State Street Blackstone Euro AAA CLO UCITS ETF (Acc) (SPPC.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE).

SPPC.DE and SPY5.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPPC.DE is an actively managed fund by State Street. It was launched on Sep 23, 2025. SPY5.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012.

Performance

SPPC.DE vs. SPY5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in State Street Blackstone Euro AAA CLO UCITS ETF (Acc) (SPPC.DE) and SPDR S&P 500 UCITS ETF (SPY5.DE). The values are adjusted to include any dividend payments, if applicable.

SPPC.DE vs. SPY5.DE - Yearly Performance Comparison

	2026 (YTD)	2025
SPPC.DE State Street Blackstone Euro AAA CLO UCITS ETF (Acc)	0.55%	0.83%
SPY5.DE SPDR S&P 500 UCITS ETF	-2.99%	3.95%

Returns By Period

In the year-to-date period, SPPC.DE achieves a 0.55% return, which is significantly higher than SPY5.DE's -2.99% return.

SPPC.DE

• 1D: 0.07%
• 1M: -0.12%
• YTD: 0.55%
• 6M: 1.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPY5.DE

• 1D: 1.71%
• 1M: -3.09%
• YTD: -2.99%
• 6M: 0.08%
• 1Y: 10.22%
• 3Y*: 16.10%
• 5Y*: 12.10%
• 10Y*: 13.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPPC.DE vs. SPY5.DE - Expense Ratio Comparison

SPPC.DE has a 0.25% expense ratio, which is higher than SPY5.DE's 0.03% 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%.

SPPC.DE

State Street Blackstone Euro AAA CLO UCITS ETF (Acc)

SPY5.DE

SPDR S&P 500 UCITS ETF

Return for Risk

SPPC.DE vs. SPY5.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPY5.DE

SPY5.DE Risk / Return Rank: 36
SPY5.DE Sharpe Ratio Rank: 30
SPY5.DE Sortino Ratio Rank: 29
SPY5.DE Omega Ratio Rank: 31
SPY5.DE Calmar Ratio Rank: 44
SPY5.DE Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPPC.DE vs. SPY5.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Blackstone Euro AAA CLO UCITS ETF (Acc) (SPPC.DE) and SPDR S&P 500 UCITS ETF (SPY5.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SPPC.DE	SPY5.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.59	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.62	0.91	+2.71

Correlation

The correlation between SPPC.DE and SPY5.DE is 0.10, 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.

Dividends

SPPC.DE vs. SPY5.DE - Dividend Comparison

SPPC.DE has not paid dividends to shareholders, while SPY5.DE's dividend yield for the trailing twelve months is around 1.02%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPPC.DE State Street Blackstone Euro AAA CLO UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY5.DE SPDR S&P 500 UCITS ETF	1.02%	0.99%	1.03%	1.22%	1.42%	0.95%	1.37%	1.74%	3.30%	1.59%	1.57%	1.69%

Drawdowns

SPPC.DE vs. SPY5.DE - Drawdown Comparison

The maximum SPPC.DE drawdown since its inception was -0.40%, smaller than the maximum SPY5.DE drawdown of -33.86%. Use the drawdown chart below to compare losses from any high point for SPPC.DE and SPY5.DE.

Drawdown Indicators

	SPPC.DE	SPY5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-33.86%	+33.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.86%	—
Current Drawdown Current decline from peak	-0.12%	-5.19%	+5.07%
Average Drawdown Average peak-to-trough decline	-0.06%	-3.99%	+3.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.33%	—

Volatility

Volatility by Period

	SPPC.DE	SPY5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.75%	17.17%	-16.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.75%	15.21%	-14.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.75%	16.12%	-15.37%