SPPD.DE vs. VGWD.DE
SPPD.DE (State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist)) and VGWD.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both Dividend funds - SPPD.DE tracks the S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index while VGWD.DE tracks the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 5 years, SPPD.DE returned 4.50%/yr vs 12.10%/yr for VGWD.DE. A 0.73 correlation means they provide meaningful diversification when combined. SPPD.DE charges 0.40%/yr vs 0.29%/yr for VGWD.DE.
Performance
SPPD.DE vs. VGWD.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 VGWD.DE's 16.23% 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*
- —
VGWD.DE
- 1D
- 0.63%
- 1M
- 3.52%
- 6M
- 15.34%
- YTD
- 16.23%
- 1Y
- 28.26%
- 3Y*
- 16.59%
- 5Y*
- 12.10%
- 10Y*
- —
SPPD.DE vs. VGWD.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% |
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 16.23% | 13.16% | 15.75% | 7.29% | 0.08% | 27.89% | -9.60% | 11.03% |
Correlation
The correlation between SPPD.DE and VGWD.DE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019 | 0.73 |
The correlation between SPPD.DE and VGWD.DE has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.
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Return for Risk
SPPD.DE vs. VGWD.DE — Risk / Return Rank
SPPD.DE
VGWD.DE
SPPD.DE vs. VGWD.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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.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 | VGWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.56 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 4.84 | -3.29 |
| Martin ratioReturn relative to average drawdown | 3.57 | 18.99 | -15.42 |
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Drawdowns
SPPD.DE vs. VGWD.DE - Drawdown Comparison
The maximum SPPD.DE drawdown since its inception was -34.00%, roughly equal to the maximum VGWD.DE drawdown of -34.57%. Use the drawdown chart below to compare losses from any high point for SPPD.DE and VGWD.DE.
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Drawdown Indicators
| SPPD.DE | VGWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.00% | -34.57% | +0.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -5.82% | -1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -15.99% | -16.86% | +0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -18.53% | -16.86% | -1.67% |
Current DrawdownCurrent decline from peak | -0.10% | 0.00% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -4.01% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 1.48% | +1.71% |
Volatility
SPPD.DE vs. VGWD.DE - Volatility Comparison
State Street SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) (SPPD.DE) has a higher volatility of 2.88% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) at 2.27%. This indicates that SPPD.DE's price experiences larger fluctuations and is considered to be riskier than VGWD.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 | VGWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 2.27% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.16% | 7.19% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.84% | 9.38% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 11.53% | +2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.04% | 14.18% | +2.86% |
SPPD.DE vs. VGWD.DE - Expense Ratio Comparison
SPPD.DE has a 0.40% expense ratio, which is higher than VGWD.DE's 0.29% expense ratio.
Dividends
SPPD.DE vs. VGWD.DE - Dividend Comparison
SPPD.DE's dividend yield for the trailing twelve months is around 1.98%, less than VGWD.DE's 2.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.48% | 2.84% | 3.05% | 3.40% | 3.78% | 3.02% | 3.08% | 3.21% | 3.70% | 0.58% |
Frequently Asked Questions
SPPD.DE and VGWD.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGWD.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGWD.DE is cheaper with a 0.29% expense ratio, compared with 0.40% for SPPD.DE.
SPPD.DE tracks S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index, while VGWD.DE tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.40% for SPPD.DE and 0.29% for VGWD.DE.
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