SPPS.DE vs. TCC4.DE

Last updated Jun 5, 2026

SPPS.DE (SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc) and TCC4.DE (Amundi Index Euro Corporate SRI UCITS ETF 2 EUR) are both European Corporate Bonds funds - SPPS.DE tracks the Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select while TCC4.DE tracks the Bloomberg MSCI Euro Corporate ESG Sustainability SRI. Both are passively managed. Over the past 3 years, SPPS.DE returned 3.72%/yr vs 4.45%/yr for TCC4.DE. A 0.58 correlation means they provide meaningful diversification when combined. SPPS.DE charges 0.12%/yr vs 0.16%/yr for TCC4.DE.

Performance

SPPS.DE vs. TCC4.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) and Amundi Index Euro Corporate SRI UCITS ETF 2 EUR (TCC4.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPPS.DE achieves a 0.69% return, which is significantly higher than TCC4.DE's 0.56% return.

SPPS.DE

• 1D: -0.02%
• 1M: 0.37%
• YTD: 0.69%
• 6M: 0.76%
• 1Y: 2.01%
• 3Y*: 3.72%
• 5Y*: —
• 10Y*: —

TCC4.DE

• 1D: 0.13%
• 1M: 0.74%
• YTD: 0.56%
• 6M: 0.41%
• 1Y: 1.84%
• 3Y*: 4.45%
• 5Y*: -0.05%
• 10Y*: 0.71%

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

SPPS.DE vs. TCC4.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SPPS.DE SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc	0.69%	2.96%	4.20%	4.07%	-1.54%
TCC4.DE Amundi Index Euro Corporate SRI UCITS ETF 2 EUR	0.56%	2.94%	4.15%	7.08%	-5.52%

Correlation

The correlation between SPPS.DE and TCC4.DE is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since May 5, 2022	0.58

The correlation between SPPS.DE and TCC4.DE has been stable across timeframes, ranging from 0.52 to 0.58 - a consistent structural relationship.

Return for Risk

SPPS.DE vs. TCC4.DE — Risk / Return Rank

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

SPPS.DE

SPPS.DE Risk / Return Rank: 34
SPPS.DE Sharpe Ratio Rank: 29
SPPS.DE Sortino Ratio Rank: 27
SPPS.DE Omega Ratio Rank: 37
SPPS.DE Calmar Ratio Rank: 35
SPPS.DE Martin Ratio Rank: 43

TCC4.DE

TCC4.DE Risk / Return Rank: 20
TCC4.DE Sharpe Ratio Rank: 20
TCC4.DE Sortino Ratio Rank: 20
TCC4.DE Omega Ratio Rank: 20
TCC4.DE Calmar Ratio Rank: 18
TCC4.DE Martin Ratio Rank: 21

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.

SPPS.DE vs. TCC4.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) and Amundi Index Euro Corporate SRI UCITS ETF 2 EUR (TCC4.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.

	SPPS.DE	TCC4.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.03	0.64	+0.40
Sortino ratio: Return per unit of downside risk	1.45	0.98	+0.46
Omega ratio: Gain probability vs. loss probability	1.24	1.12	+0.12
Calmar ratio: Return relative to maximum drawdown	1.70	0.72	+0.98
Martin ratio: Return relative to average drawdown	6.89	2.41	+4.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPPS.DE vs. TCC4.DE - Sharpe Ratio Comparison

The current SPPS.DE Sharpe Ratio is 1.03, which is higher than the TCC4.DE Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of SPPS.DE and TCC4.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPPS.DE	TCC4.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	0.64	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.44	+0.67

Drawdowns

SPPS.DE vs. TCC4.DE - Drawdown Comparison

The maximum SPPS.DE drawdown since its inception was -2.70%, smaller than the maximum TCC4.DE drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for SPPS.DE and TCC4.DE.

Drawdown Indicators

	SPPS.DE	TCC4.DE	Difference
Max Drawdown Largest peak-to-trough decline	-2.70%	-17.21%	+14.51%
Max Drawdown (1Y) Largest decline over 1 year	-1.18%	-2.55%	+1.37%
Max Drawdown (3Y) Largest decline over 3 years	-1.18%	-2.55%	+1.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-17.21%	—
Current Drawdown Current decline from peak	-0.23%	-1.72%	+1.49%
Average Drawdown Average peak-to-trough decline	-0.44%	-3.00%	+2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	0.76%	-0.47%

Volatility

SPPS.DE vs. TCC4.DE - Volatility Comparison

SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) and Amundi Index Euro Corporate SRI UCITS ETF 2 EUR (TCC4.DE) have volatilities of 1.05% and 1.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPPS.DE	TCC4.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.05%	1.02%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	1.85%	2.52%	-0.67%
Volatility (1Y) Calculated over the trailing 1-year period	1.94%	2.88%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.26%	4.34%	-2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.26%	5.31%	-3.05%

SPPS.DE vs. TCC4.DE - Expense Ratio Comparison

SPPS.DE has a 0.12% expense ratio, which is lower than TCC4.DE's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SPPS.DE vs. TCC4.DE - Dividend Comparison

Neither SPPS.DE nor TCC4.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SPPS.DE and TCC4.DE in my portfolio?

SPPS.DE and TCC4.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPPS.DE or TCC4.DE?

On fees, SPPS.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPPS.DE or TCC4.DE?

SPPS.DE is cheaper with a 0.12% expense ratio, compared with 0.16% for TCC4.DE.

What is the main difference between SPPS.DE and TCC4.DE?

SPPS.DE tracks Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select, while TCC4.DE tracks Bloomberg MSCI Euro Corporate ESG Sustainability SRI. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.12% for SPPS.DE and 0.16% for TCC4.DE.