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SPTM vs. EUSA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPTM vs. EUSA

Last updated Jun 24, 2026

SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) and EUSA (iShares MSCI USA Equal Weighted ETF) are both exchange-traded funds - SPTM is a Large Cap Blend Equities fund tracking the S&P Composite 1500 Index, while EUSA is a Mid Cap Blend Equities fund tracking the MSCI USA Equal Weighted Index. Both are passively managed. Over the past 10 years, SPTM returned 15.36%/yr vs 11.89%/yr for EUSA. Their correlation of 0.82 suggests significant overlap in exposure. SPTM charges 0.03%/yr vs 0.09%/yr for EUSA.

Performance

SPTM vs. EUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and iShares MSCI USA Equal Weighted ETF (EUSA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with SPTM having a 8.72% return and EUSA slightly higher at 9.00%. Over the past 10 years, SPTM has outperformed EUSA with an annualized return of 15.36%, while EUSA has yielded a comparatively lower 11.89% annualized return.

SPTM

1D
-1.32%
1M
-1.02%
YTD
8.72%
6M
7.68%
1Y
23.97%
3Y*
20.38%
5Y*
12.72%
10Y*
15.36%

EUSA

1D
-0.47%
1M
1.15%
YTD
9.00%
6M
7.94%
1Y
17.10%
3Y*
15.57%
5Y*
7.57%
10Y*
11.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPTM vs. EUSA - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		8.72%16.93%23.87%25.55%-17.75%28.58%17.94%31.34%-5.30%21.18%
EUSA
iShares MSCI USA Equal Weighted ETF		9.00%10.24%14.64%17.72%-17.13%25.60%15.03%30.56%-8.58%19.02%

Correlation

The correlation between SPTM and EUSA is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.86

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (10Y)
Calculated over the trailing 10-year period

0.92

Correlation (All Time)
Calculated using the full available price history since May 7, 2010

0.82

The correlation between SPTM and EUSA shifts across timeframes, from 0.81 (1 year) to 0.92 (10 years), reflecting how their relationship changes across market environments.

SPTM vs. EUSA - Sectors Allocation Comparison

Sectors
SPTM
EUSA

Technology

37.4%
20.3%

Financial Services

11.4%
14.7%

Consumer Cyclical

10.1%
11.1%

Communication Services

10.0%
4.0%

Industrials

8.9%
15.3%

Healthcare

8.4%
10.8%

Consumer Defensive

4.4%
5.3%

Energy

3.3%
3.8%

Real Estate

2.2%
5.2%

Utilities

2.1%
5.4%

Basic Materials

1.9%
4.3%

Technology

SPTM
37.4%
EUSA
20.3%

Financial Services

SPTM
11.4%
EUSA
14.7%

Consumer Cyclical

SPTM
10.1%
EUSA
11.1%

Communication Services

SPTM
10.0%
EUSA
4.0%

Industrials

SPTM
8.9%
EUSA
15.3%

Healthcare

SPTM
8.4%
EUSA
10.8%

Consumer Defensive

SPTM
4.4%
EUSA
5.3%

Energy

SPTM
3.3%
EUSA
3.8%

Real Estate

SPTM
2.2%
EUSA
5.2%

Utilities

SPTM
2.1%
EUSA
5.4%

Basic Materials

SPTM
1.9%
EUSA
4.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR Portfolio S&P 1500 Composite Stock Market ETF

iShares MSCI USA Equal Weighted ETF

Often compared with SPTM:
SPTM vs. VTISPTM vs. SPYSPTM vs. VOOSPTM vs. ITOTSPTM vs. SCHGSPTM vs. BKLCSPTM vs. SCHD
Often compared with EUSA:
EUSA vs. RSPEUSA vs. GSEWEUSA vs. VOOEUSA vs. VTIEUSA vs. ^GSPCEUSA vs. SCHGEUSA vs. ITOT

Return for Risk

SPTM vs. EUSA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPTM
SPTM Risk / Return Rank: 6161
Overall Rank
SPTM Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
SPTM Sortino Ratio Rank: 5858
Sortino Ratio Rank
SPTM Omega Ratio Rank: 5959
Omega Ratio Rank
SPTM Calmar Ratio Rank: 5858
Calmar Ratio Rank
SPTM Martin Ratio Rank: 7070
Martin Ratio Rank
EUSA
EUSA Risk / Return Rank: 4444
Overall Rank
EUSA Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
EUSA Sortino Ratio Rank: 4242
Sortino Ratio Rank
EUSA Omega Ratio Rank: 3939
Omega Ratio Rank
EUSA Calmar Ratio Rank: 4646
Calmar Ratio Rank
EUSA Martin Ratio Rank: 5252
Martin Ratio Rank
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.

SPTM vs. EUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and iShares MSCI USA Equal Weighted ETF (EUSA). 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.

SPTMEUSADifference
Sharpe ratioReturn per unit of total volatility
1.93
1.42

+0.51

Sortino ratioReturn per unit of downside risk
2.63
2.06

+0.57

Omega ratioGain probability vs. loss probability

1.35

1.25

+0.10

Calmar ratioReturn relative to maximum drawdown

2.77

2.20

+0.58

Martin ratioReturn relative to average drawdown

12.49

8.64

+3.85

SPTM vs. EUSA - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 1.93, which is higher than the EUSA Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of SPTM and EUSA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SPTM vs. EUSA - Drawdown Comparison

The maximum SPTM drawdown since its inception was -54.80%, which is greater than EUSA's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for SPTM and EUSA.

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Drawdown Indicators

SPTMEUSADifference

Max Drawdown

Largest peak-to-trough decline

-54.80%

-39.16%

-15.64%

Max Drawdown (1Y)

Largest decline over 1 year

-8.68%

-7.82%

-0.86%

Max Drawdown (3Y)

Largest decline over 3 years

-18.87%

-18.20%

-0.67%

Max Drawdown (5Y)

Largest decline over 5 years

-24.14%

-25.24%

+1.10%

Max Drawdown (10Y)

Largest decline over 10 years

-34.66%

-39.16%

+4.50%

Current Drawdown

Current decline from peak

-2.80%

-1.58%

-1.22%

Average Drawdown

Average peak-to-trough decline

-9.03%

-4.58%

-4.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.92%

1.98%

-0.06%

Volatility

SPTM vs. EUSA - Volatility Comparison

SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a higher volatility of 4.79% compared to iShares MSCI USA Equal Weighted ETF (EUSA) at 3.78%. This indicates that SPTM's price experiences larger fluctuations and is considered to be riskier than EUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPTMEUSADifference

Volatility (1M)

Calculated over the trailing 1-month period

4.79%

3.78%

+1.01%

Volatility (6M)

Calculated over the trailing 6-month period

9.82%

9.11%

+0.71%

Volatility (1Y)

Calculated over the trailing 1-year period

12.51%

12.09%

+0.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.96%

16.99%

-0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.04%

18.32%

-0.28%

SPTM vs. EUSA - Expense Ratio Comparison

SPTM has a 0.03% expense ratio, which is lower than EUSA's 0.09% 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

SPTM vs. EUSA - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.08%, less than EUSA's 1.48% yield.

PositionTTM20252024202320222021202020192018201720162015
EUSA
iShares MSCI USA Equal Weighted ETF		1.48%1.63%1.47%1.53%1.73%1.23%1.45%1.49%2.01%1.50%1.59%2.21%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		1.08%1.13%1.28%1.44%1.69%1.25%1.56%1.72%1.90%1.66%1.91%1.92%

Frequently Asked Questions

SPTM and EUSA have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPTM has higher volatility (4.79%) compared to EUSA (3.78%). In terms of maximum drawdown, SPTM dropped -54.80% vs EUSA's -39.16%.

On 10-year performance, SPTM leads with 15.36% vs 11.89% for EUSA. On fees, SPTM is cheaper at 0.03% per year. On volatility, EUSA has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SPTM has performed better with a 15.36% return vs 11.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPTM is cheaper with a 0.03% expense ratio, compared with 0.09% for EUSA.

EUSA has the higher dividend yield at 1.48%, compared with 1.08% for SPTM.

SPTM is categorized as Large Cap Blend Equities, while EUSA is Mid Cap Blend Equities. SPTM tracks S&P Composite 1500 Index, while EUSA tracks MSCI USA Equal Weighted Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.03% for SPTM and 0.09% for EUSA.

SPTM currently has the higher Sharpe Ratio (1.93 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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