SPPY.DE vs. PQVG.L
Compare and contrast key facts about SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) and Invesco S&P 500 QVM UCITS ETF (PQVG.L).
SPPY.DE and PQVG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPPY.DE is a passively managed fund by State Street that tracks the performance of the S&P 500 ESG Leaders. It was launched on Dec 2, 2019. PQVG.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on May 18, 2017. Both SPPY.DE and PQVG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPPY.DE or PQVG.L.
Key characteristics
| SPPY.DE | PQVG.L | |
|---|---|---|
| YTD Return | 18.58% | 24.69% |
| 1Y Return | 23.15% | 27.08% |
| 3Y Return (Ann) | 12.99% | 15.34% |
| Sharpe Ratio | 2.16 | 2.17 |
| Daily Std Dev | 12.06% | 12.70% |
| Max Drawdown | -33.31% | -25.88% |
| Current Drawdown | -2.87% | -0.94% |
Correlation
The correlation between SPPY.DE and PQVG.L is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPPY.DE vs. PQVG.L - Performance Comparison
In the year-to-date period, SPPY.DE achieves a 18.58% return, which is significantly lower than PQVG.L's 24.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPPY.DE vs. PQVG.L - Expense Ratio Comparison
SPPY.DE has a 0.03% expense ratio, which is lower than PQVG.L's 0.35% expense ratio.
Risk-Adjusted Performance
SPPY.DE vs. PQVG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) and Invesco S&P 500 QVM UCITS ETF (PQVG.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.
Dividends
SPPY.DE vs. PQVG.L - Dividend Comparison
SPPY.DE has not paid dividends to shareholders, while PQVG.L's dividend yield for the trailing twelve months is around 0.92%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SPPY.DE SPDR S&P 500 ESG Leaders UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PQVG.L Invesco S&P 500 QVM UCITS ETF | 0.92% | 1.61% | 1.77% | 0.87% | 1.59% | 1.41% | 1.30% | 0.72% |
Drawdowns
SPPY.DE vs. PQVG.L - Drawdown Comparison
The maximum SPPY.DE drawdown since its inception was -33.31%, which is greater than PQVG.L's maximum drawdown of -25.88%. Use the drawdown chart below to compare losses from any high point for SPPY.DE and PQVG.L. For additional features, visit the drawdowns tool.
Volatility
SPPY.DE vs. PQVG.L - Volatility Comparison
The current volatility for SPDR S&P 500 ESG Leaders UCITS ETF Acc (SPPY.DE) is 4.29%, while Invesco S&P 500 QVM UCITS ETF (PQVG.L) has a volatility of 4.70%. This indicates that SPPY.DE experiences smaller price fluctuations and is considered to be less risky than PQVG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.