SPY2.DE vs. IQQ6.DE
SPY2.DE (SPDR Dow Jones Global Real Estate UCITS ETF Accumulating) and IQQ6.DE (iShares Developed Markets Property Yield UCITS ETF) are both REIT funds - SPY2.DE tracks the Dow Jones Global Select Real Estate Securities while IQQ6.DE tracks the FTSE EPRA/NAREIT Developed Dividend+. Both are passively managed. Over the past 5 years, SPY2.DE returned 2.27%/yr vs 1.95%/yr for IQQ6.DE. With a 0.97 correlation, they move nearly in lockstep. SPY2.DE charges 0.40%/yr vs 0.59%/yr for IQQ6.DE.
Performance
SPY2.DE vs. IQQ6.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SPY2.DE having a 8.38% return and IQQ6.DE slightly higher at 8.43%.
SPY2.DE
- 1D
- 0.10%
- 1M
- -0.62%
- YTD
- 8.38%
- 6M
- 7.13%
- 1Y
- 10.21%
- 3Y*
- 5.92%
- 5Y*
- 2.27%
- 10Y*
- —
IQQ6.DE
- 1D
- 0.18%
- 1M
- -0.06%
- YTD
- 8.43%
- 6M
- 8.59%
- 1Y
- 9.23%
- 3Y*
- 6.05%
- 5Y*
- 1.95%
- 10Y*
- 3.38%
SPY2.DE vs. IQQ6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPY2.DE SPDR Dow Jones Global Real Estate UCITS ETF Accumulating | 8.38% | -2.42% | 5.09% | 7.66% | -20.98% | 41.62% | -18.78% | -1.52% |
IQQ6.DE iShares Developed Markets Property Yield UCITS ETF | 8.43% | -2.51% | 5.91% | 6.19% | -19.35% | 36.59% | -17.05% | -1.24% |
Correlation
The correlation between SPY2.DE and IQQ6.DE is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2019 | 0.97 |
The correlation between SPY2.DE and IQQ6.DE has been stable across timeframes, ranging from 0.93 to 0.97 - 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
SPY2.DE vs. IQQ6.DE — Risk / Return Rank
SPY2.DE
IQQ6.DE
SPY2.DE vs. IQQ6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones Global Real Estate UCITS ETF Accumulating (SPY2.DE) and iShares Developed Markets Property Yield UCITS ETF (IQQ6.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.
| SPY2.DE | IQQ6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.15 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.20 | +0.28 |
| Martin ratioReturn relative to average drawdown | 4.38 | 3.63 | +0.75 |
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
| SPY2.DE | IQQ6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.83 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.13 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.22 | -0.17 |
Drawdowns
SPY2.DE vs. IQQ6.DE - Drawdown Comparison
The maximum SPY2.DE drawdown since its inception was -42.59%, smaller than the maximum IQQ6.DE drawdown of -66.50%. Use the drawdown chart below to compare losses from any high point for SPY2.DE and IQQ6.DE.
Loading charts...
Drawdown Indicators
| SPY2.DE | IQQ6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.59% | -66.50% | +23.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.86% | -7.63% | +0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -20.14% | -19.92% | -0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -30.72% | -29.62% | -1.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.83% | — |
Current DrawdownCurrent decline from peak | -7.69% | -5.68% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -15.50% | -14.00% | -1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 2.54% | -0.21% |
Volatility
SPY2.DE vs. IQQ6.DE - Volatility Comparison
SPDR Dow Jones Global Real Estate UCITS ETF Accumulating (SPY2.DE) and iShares Developed Markets Property Yield UCITS ETF (IQQ6.DE) have volatilities of 2.82% and 2.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPY2.DE | IQQ6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 2.78% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 8.20% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.46% | 11.05% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.06% | 14.51% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.91% | 16.36% | +3.55% |
SPY2.DE vs. IQQ6.DE - Expense Ratio Comparison
SPY2.DE has a 0.40% expense ratio, which is lower than IQQ6.DE's 0.59% expense ratio.
Dividends
SPY2.DE vs. IQQ6.DE - Dividend Comparison
SPY2.DE has not paid dividends to shareholders, while IQQ6.DE's dividend yield for the trailing twelve months is around 3.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQQ6.DE iShares Developed Markets Property Yield UCITS ETF | 3.51% | 3.61% | 3.37% | 3.39% | 3.91% | 2.51% | 3.58% | 3.24% | 4.53% | 3.49% | 3.45% | 3.27% |
SPY2.DE SPDR Dow Jones Global Real Estate UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, SPY2.DE and IQQ6.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SPY2.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPY2.DE is cheaper with a 0.40% expense ratio, compared with 0.59% for IQQ6.DE.
SPY2.DE tracks Dow Jones Global Select Real Estate Securities, while IQQ6.DE tracks FTSE EPRA/NAREIT Developed Dividend+. They also come from different issuers: State Street and iShares. Their fees differ too: 0.40% for SPY2.DE and 0.59% for IQQ6.DE.
Find the right allocation for SPY2.DE and IQQ6.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