SPX5.L vs. SPY
Compare and contrast key facts about SPDR S&P 500 UCITS ETF (SPX5.L) and SPDR S&P 500 ETF (SPY).
SPX5.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPX5.L is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both SPX5.L and SPY 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: SPX5.L or SPY.
Key characteristics
| SPX5.L | SPY | |
|---|---|---|
| YTD Return | 20.07% | 23.66% |
| 1Y Return | 26.07% | 35.35% |
| 3Y Return (Ann) | 12.65% | 10.96% |
| 5Y Return (Ann) | 15.42% | 16.17% |
| 10Y Return (Ann) | 15.91% | 13.96% |
| Sharpe Ratio | 2.37 | 2.85 |
| Sortino Ratio | 3.27 | 3.80 |
| Omega Ratio | 1.44 | 1.52 |
| Calmar Ratio | 4.15 | 3.03 |
| Martin Ratio | 15.79 | 17.65 |
| Ulcer Index | 1.68% | 2.00% |
| Daily Std Dev | 11.15% | 12.40% |
| Max Drawdown | -41.23% | -55.19% |
| Current Drawdown | -0.01% | -0.35% |
Correlation
The correlation between SPX5.L and SPY is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPX5.L vs. SPY - Performance Comparison
In the year-to-date period, SPX5.L achieves a 20.07% return, which is significantly lower than SPY's 23.66% return. Over the past 10 years, SPX5.L has outperformed SPY with an annualized return of 15.91%, while SPY has yielded a comparatively lower 13.96% annualized 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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SPX5.L vs. SPY - Expense Ratio Comparison
Both SPX5.L and SPY have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPX5.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 UCITS ETF (SPX5.L) and SPDR S&P 500 ETF (SPY). 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
SPX5.L vs. SPY - Dividend Comparison
SPX5.L's dividend yield for the trailing twelve months is around 82.22%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPX5.L SPDR S&P 500 UCITS ETF | 82.22% | 120.99% | 138.50% | 97.80% | 140.46% | 147.87% | 170.82% | 157.18% | 149.13% | 168.09% | 142.74% | 156.08% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SPX5.L vs. SPY - Drawdown Comparison
The maximum SPX5.L drawdown since its inception was -41.23%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPX5.L and SPY. For additional features, visit the drawdowns tool.
Volatility
SPX5.L vs. SPY - Volatility Comparison
The current volatility for SPDR S&P 500 UCITS ETF (SPX5.L) is 2.19%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. This indicates that SPX5.L experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.