SPPW.DE vs. EIMI.L
SPPW.DE (SPDR MSCI World UCITS ETF) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - SPPW.DE is a Global Equities fund tracking the MSCI World, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 5 years, SPPW.DE returned 13.03%/yr vs 8.00%/yr for EIMI.L. A 0.64 correlation means they provide meaningful diversification when combined. SPPW.DE charges 0.12%/yr vs 0.18%/yr for EIMI.L.
Performance
SPPW.DE vs. EIMI.L - Performance Comparison
Loading charts...
Different Trading Currencies
SPPW.DE is traded in EUR, while EIMI.L is traded in USD. To make them comparable, the EIMI.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPPW.DE achieves a 10.85% return, which is significantly lower than EIMI.L's 20.96% return.
SPPW.DE
- 1D
- -0.31%
- 1M
- 3.69%
- YTD
- 10.85%
- 6M
- 11.19%
- 1Y
- 23.42%
- 3Y*
- 17.79%
- 5Y*
- 13.03%
- 10Y*
- —
EIMI.L
- 1D
- -0.32%
- 1M
- -1.14%
- YTD
- 20.96%
- 6M
- 22.39%
- 1Y
- 40.08%
- 3Y*
- 17.92%
- 5Y*
- 8.00%
- 10Y*
- 9.72%
SPPW.DE vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPPW.DE SPDR MSCI World UCITS ETF | 10.85% | 8.03% | 26.09% | 20.25% | -13.28% | 32.66% | 5.27% | 17.24% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 20.96% | 16.48% | 14.45% | 7.70% | -14.70% | 6.78% | 9.01% | 9.82% |
Correlation
The correlation between SPPW.DE and EIMI.L is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2019 | 0.64 |
The correlation between SPPW.DE and EIMI.L has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.
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
SPPW.DE vs. EIMI.L — Risk / Return Rank
SPPW.DE
EIMI.L
SPPW.DE vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SPPW.DE) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L). 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.
| SPPW.DE | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.39 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 3.72 | -0.06 |
| Martin ratioReturn relative to average drawdown | 14.69 | 13.18 | +1.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPPW.DE | EIMI.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.12 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.47 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.42 | +0.44 |
Drawdowns
SPPW.DE vs. EIMI.L - Drawdown Comparison
The maximum SPPW.DE drawdown since its inception was -33.69%, roughly equal to the maximum EIMI.L drawdown of -34.88%. Use the drawdown chart below to compare losses from any high point for SPPW.DE and EIMI.L.
Loading charts...
Drawdown Indicators
| SPPW.DE | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.69% | -34.88% | +1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -6.51% | -10.72% | +4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -21.62% | -18.31% | -3.31% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | -22.33% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.18% | — |
Current DrawdownCurrent decline from peak | -0.31% | -6.15% | +5.84% |
Average DrawdownAverage peak-to-trough decline | -4.43% | -9.26% | +4.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 3.03% | -1.40% |
Volatility
SPPW.DE vs. EIMI.L - Volatility Comparison
The current volatility for SPDR MSCI World UCITS ETF (SPPW.DE) is 2.70%, while iShares Core MSCI EM IMI UCITS ETF (EIMI.L) has a volatility of 8.22%. This indicates that SPPW.DE experiences smaller price fluctuations and is considered to be less risky than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPPW.DE | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 8.22% | -5.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.62% | 16.21% | -8.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.11% | 18.88% | -7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.06% | 16.97% | -2.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 18.50% | -2.42% |
SPPW.DE vs. EIMI.L - Expense Ratio Comparison
SPPW.DE has a 0.12% expense ratio, which is lower than EIMI.L's 0.18% 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
SPPW.DE vs. EIMI.L - Dividend Comparison
Neither SPPW.DE nor EIMI.L has paid dividends to shareholders.
Frequently Asked Questions
SPPW.DE and EIMI.L have a correlation of 0.67, 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 0.18% for EIMI.L.
SPPW.DE is categorized as Global Equities, while EIMI.L is Emerging Markets Equities. SPPW.DE tracks MSCI World, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.12% for SPPW.DE and 0.18% for EIMI.L.
Find the right allocation for SPPW.DE and EIMI.L
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