SPPD.DE vs. SPPW.DE
SPPD.DE (State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist)) and SPPW.DE (SPDR MSCI World UCITS ETF) are both exchange-traded funds - SPPD.DE is a Dividend fund tracking the S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index, while SPPW.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 5 years, SPPD.DE returned 4.50%/yr vs 12.39%/yr for SPPW.DE. A 0.62 correlation means they provide meaningful diversification when combined. SPPD.DE charges 0.40%/yr vs 0.12%/yr for SPPW.DE.
Performance
SPPD.DE vs. SPPW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPPD.DE achieves a 10.52% return, which is significantly lower than SPPW.DE's 12.48% return.
SPPD.DE
- 1D
- 0.43%
- 1M
- 4.51%
- 6M
- 11.05%
- YTD
- 10.52%
- 1Y
- 11.42%
- 3Y*
- 7.97%
- 5Y*
- 4.50%
- 10Y*
- —
SPPW.DE
- 1D
- 0.37%
- 1M
- 1.48%
- 6M
- 12.78%
- YTD
- 12.48%
- 1Y
- 24.34%
- 3Y*
- 17.62%
- 5Y*
- 12.39%
- 10Y*
- —
SPPD.DE vs. SPPW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPPD.DE State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) | 10.52% | 5.92% | 5.78% | -0.99% | -3.82% | 24.32% | -1.64% | 7.24% |
SPPW.DE SPDR MSCI World UCITS ETF | 12.48% | 8.04% | 26.10% | 20.24% | -13.28% | 32.64% | 5.29% | 12.69% |
Correlation
The correlation between SPPD.DE and SPPW.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019 | 0.62 |
Over the past year, the correlation between SPPD.DE and SPPW.DE has dropped to 0.30 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
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
SPPD.DE vs. SPPW.DE — Risk / Return Rank
SPPD.DE
SPPW.DE
SPPD.DE vs. SPPW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) (SPPD.DE) and SPDR MSCI World UCITS ETF (SPPW.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.
| SPPD.DE | SPPW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.40 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 3.72 | -2.17 |
| Martin ratioReturn relative to average drawdown | 3.57 | 14.80 | -11.23 |
Loading charts...
Drawdowns
SPPD.DE vs. SPPW.DE - Drawdown Comparison
The maximum SPPD.DE drawdown since its inception was -34.00%, roughly equal to the maximum SPPW.DE drawdown of -33.70%. Use the drawdown chart below to compare losses from any high point for SPPD.DE and SPPW.DE.
Loading charts...
Drawdown Indicators
| SPPD.DE | SPPW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.00% | -33.70% | -0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -6.52% | -0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -15.99% | -21.62% | +5.63% |
Max Drawdown (5Y)Largest decline over 5 years | -18.53% | -21.62% | +3.09% |
Current DrawdownCurrent decline from peak | -0.10% | -0.07% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -4.89% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 1.64% | +1.55% |
Volatility
SPPD.DE vs. SPPW.DE - Volatility Comparison
The current volatility for State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) (SPPD.DE) is 2.88%, while SPDR MSCI World UCITS ETF (SPPW.DE) has a volatility of 3.15%. This indicates that SPPD.DE experiences smaller price fluctuations and is considered to be less risky than SPPW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPPD.DE | SPPW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 3.15% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 7.16% | 7.90% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.84% | 11.28% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 14.08% | -0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.04% | 16.60% | +0.44% |
SPPD.DE vs. SPPW.DE - Expense Ratio Comparison
SPPD.DE has a 0.40% expense ratio, which is higher than SPPW.DE's 0.12% expense ratio.
Dividends
SPPD.DE vs. SPPW.DE - Dividend Comparison
SPPD.DE's dividend yield for the trailing twelve months is around 1.98%, while SPPW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SPPD.DE State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) | 1.98% | 2.11% | 2.01% | 2.22% | 2.16% | 2.15% | 2.31% | 1.00% |
SPPW.DE SPDR MSCI World UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPPD.DE and SPPW.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPW.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPW.DE is cheaper with a 0.12% expense ratio, compared with 0.40% for SPPD.DE.
SPPD.DE is categorized as Dividend, while SPPW.DE is Global Equities. SPPD.DE tracks S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index, while SPPW.DE tracks MSCI World. Their fees differ too: 0.40% for SPPD.DE and 0.12% for SPPW.DE.
Find the right allocation for SPPD.DE and SPPW.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