SPPY.DE vs. SPYT.DE
SPPY.DE (State Street SPDR S&P 500 Leaders UCITS ETF) and SPYT.DE (SPDR MSCI Europe Communication Services UCITS ETF) are both exchange-traded funds - SPPY.DE is a S&P 500 fund tracking the S&P 500 Scored & Screened Leaders Index, while SPYT.DE is a Communications Equities fund tracking the MSCI Europe Communication Services 20/35 Capped. Both are passively managed. Over the past 5 years, SPPY.DE returned 15.63%/yr vs 5.43%/yr for SPYT.DE. At a 0.48 correlation, their price movements are largely independent. SPPY.DE charges 0.10%/yr vs 0.18%/yr for SPYT.DE.
Performance
SPPY.DE vs. SPYT.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPPY.DE achieves a 11.08% return, which is significantly higher than SPYT.DE's 3.11% return.
SPPY.DE
- 1D
- 0.58%
- 1M
- 5.11%
- YTD
- 11.08%
- 6M
- 11.71%
- 1Y
- 28.37%
- 3Y*
- 18.87%
- 5Y*
- 15.63%
- 10Y*
- —
SPYT.DE
- 1D
- -0.08%
- 1M
- 2.62%
- YTD
- 3.11%
- 6M
- 5.27%
- 1Y
- -7.75%
- 3Y*
- 10.29%
- 5Y*
- 5.43%
- 10Y*
- 1.47%
SPPY.DE vs. SPYT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPPY.DE State Street SPDR S&P 500 Leaders UCITS ETF | 11.08% | 4.44% | 32.87% | 26.92% | -14.47% | 41.09% | 8.04% | 4.57% |
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 3.11% | 7.33% | 14.79% | 14.90% | -11.90% | 13.68% | -12.90% | 1.68% |
Correlation
The correlation between SPPY.DE and SPYT.DE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019 | 0.48 |
Over the past year, the correlation between SPPY.DE and SPYT.DE has dropped to 0.24 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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
SPPY.DE vs. SPYT.DE — Risk / Return Rank
SPPY.DE
SPYT.DE
SPPY.DE vs. SPYT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE) and SPDR MSCI Europe Communication Services UCITS ETF (SPYT.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.
| SPPY.DE | SPYT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.01 | ||
| Sortino ratioReturn per unit of downside risk | +4.07 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.92 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 4.21 | -0.52 | +4.73 |
| Martin ratioReturn relative to average drawdown | 16.03 | -0.97 | +17.00 |
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
| SPPY.DE | SPYT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.43 | -0.58 | +3.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.40 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.23 | +0.69 |
Drawdowns
SPPY.DE vs. SPYT.DE - Drawdown Comparison
The maximum SPPY.DE drawdown since its inception was -33.31%, smaller than the maximum SPYT.DE drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for SPPY.DE and SPYT.DE.
Loading charts...
Drawdown Indicators
| SPPY.DE | SPYT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.31% | -49.63% | +16.32% |
Max Drawdown (1Y)Largest decline over 1 year | -6.71% | -14.98% | +8.27% |
Max Drawdown (3Y)Largest decline over 3 years | -23.82% | -14.98% | -8.84% |
Max Drawdown (5Y)Largest decline over 5 years | -23.82% | -20.35% | -3.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.09% | — |
Current DrawdownCurrent decline from peak | 0.00% | -8.46% | +8.46% |
Average DrawdownAverage peak-to-trough decline | -4.84% | -18.83% | +13.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 7.65% | -5.88% |
Volatility
SPPY.DE vs. SPYT.DE - Volatility Comparison
The current volatility for State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE) is 2.69%, while SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) has a volatility of 4.21%. This indicates that SPPY.DE experiences smaller price fluctuations and is considered to be less risky than SPYT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPPY.DE | SPYT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 4.21% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 7.79% | 10.43% | -2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.62% | 13.45% | -1.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.43% | 13.48% | +1.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.57% | 15.67% | +1.90% |
SPPY.DE vs. SPYT.DE - Expense Ratio Comparison
SPPY.DE has a 0.10% expense ratio, which is lower than SPYT.DE'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
SPPY.DE vs. SPYT.DE - Dividend Comparison
Neither SPPY.DE nor SPYT.DE has paid dividends to shareholders.
Frequently Asked Questions
SPPY.DE and SPYT.DE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPY.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPY.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for SPYT.DE.
SPPY.DE is categorized as S&P 500, while SPYT.DE is Communications Equities. SPPY.DE tracks S&P 500 Scored & Screened Leaders Index, while SPYT.DE tracks MSCI Europe Communication Services 20/35 Capped. Their fees differ too: 0.10% for SPPY.DE and 0.18% for SPYT.DE.
Find the right allocation for SPPY.DE and SPYT.DE
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