SPPD.DE vs. SPYY.DE
SPPD.DE (State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist)) and SPYY.DE (State Street SPDR MSCI All Country World UCITS ETF (Acc)) are both exchange-traded funds - SPPD.DE is a Dividend fund tracking the S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index, while SPYY.DE is a Global Equities fund tracking the MSCI ACWI Index. Both are passively managed. Over the past 5 years, SPPD.DE returned 4.50%/yr vs 11.80%/yr for SPYY.DE. A 0.60 correlation means they provide meaningful diversification when combined. SPPD.DE charges 0.40%/yr vs 0.12%/yr for SPYY.DE.
Performance
SPPD.DE vs. SPYY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPPD.DE achieves a 10.52% return, which is significantly lower than SPYY.DE's 14.10% 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*
- —
SPYY.DE
- 1D
- 0.62%
- 1M
- 1.16%
- 6M
- 14.08%
- YTD
- 14.10%
- 1Y
- 26.77%
- 3Y*
- 17.95%
- 5Y*
- 11.80%
- 10Y*
- 12.50%
SPPD.DE vs. SPYY.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% |
SPYY.DE State Street SPDR MSCI All Country World UCITS ETF (Acc) | 14.10% | 9.46% | 24.56% | 18.22% | -13.76% | 29.02% | 5.12% | 12.59% |
Correlation
The correlation between SPPD.DE and SPYY.DE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019 | 0.60 |
Over the past year, the correlation between SPPD.DE and SPYY.DE has dropped to 0.27 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
SPPD.DE vs. SPYY.DE — Risk / Return Rank
SPPD.DE
SPYY.DE
SPPD.DE vs. SPYY.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 State Street SPDR MSCI All Country World UCITS ETF (Acc) (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.
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 | SPYY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.42 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 4.10 | -2.56 |
| Martin ratioReturn relative to average drawdown | 3.57 | 16.31 | -12.74 |
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Drawdowns
SPPD.DE vs. SPYY.DE - Drawdown Comparison
The maximum SPPD.DE drawdown since its inception was -34.00%, smaller than the maximum SPYY.DE drawdown of -40.72%. Use the drawdown chart below to compare losses from any high point for SPPD.DE and SPYY.DE.
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Drawdown Indicators
| SPPD.DE | SPYY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.00% | -40.72% | +6.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -6.49% | -0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -15.99% | -21.27% | +5.28% |
Max Drawdown (5Y)Largest decline over 5 years | -18.53% | -21.27% | +2.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.49% | — |
Current DrawdownCurrent decline from peak | -0.10% | -0.09% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -8.45% | +2.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 1.64% | +1.55% |
Volatility
SPPD.DE vs. SPYY.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 State Street SPDR MSCI All Country World UCITS ETF (Acc) (SPYY.DE) has a volatility of 3.65%. This indicates that SPPD.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
| SPPD.DE | SPYY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 3.65% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 7.16% | 8.62% | -1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.84% | 11.77% | -1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 13.95% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.04% | 15.93% | +1.11% |
SPPD.DE vs. SPYY.DE - Expense Ratio Comparison
SPPD.DE has a 0.40% expense ratio, which is higher than SPYY.DE's 0.12% expense ratio.
Dividends
SPPD.DE vs. SPYY.DE - Dividend Comparison
SPPD.DE's dividend yield for the trailing twelve months is around 1.98%, while SPYY.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% |
SPYY.DE State Street SPDR MSCI All Country World UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPPD.DE and SPYY.DE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYY.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYY.DE is cheaper with a 0.12% expense ratio, compared with 0.40% for SPPD.DE.
SPPD.DE is categorized as Dividend, while SPYY.DE is Global Equities. SPPD.DE tracks S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index, while SPYY.DE tracks MSCI ACWI Index. Their fees differ too: 0.40% for SPPD.DE and 0.12% for SPYY.DE.
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