SPY2.DE vs. LMWE.DE
SPY2.DE (SPDR Dow Jones Global Real Estate UCITS ETF Accumulating) and LMWE.DE (Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR)) are both REIT funds - SPY2.DE tracks the Dow Jones Global Select Real Estate Securities while LMWE.DE tracks the FTSE EPRA/NAREIT Developed. Both are passively managed. Over the past 5 years, SPY2.DE returned 2.27%/yr vs 0.78%/yr for LMWE.DE. Their correlation of 0.93 suggests significant overlap in exposure. SPY2.DE charges 0.40%/yr vs 0.45%/yr for LMWE.DE.
Performance
SPY2.DE vs. LMWE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPY2.DE achieves a 8.38% return, which is significantly higher than LMWE.DE's 7.51% return.
SPY2.DE
- 1D
- 0.10%
- 1M
- -0.62%
- YTD
- 8.38%
- 6M
- 7.13%
- 1Y
- 10.21%
- 3Y*
- 5.92%
- 5Y*
- 2.27%
- 10Y*
- —
LMWE.DE
- 1D
- -0.04%
- 1M
- -1.09%
- YTD
- 7.51%
- 6M
- 6.92%
- 1Y
- 9.15%
- 3Y*
- 4.39%
- 5Y*
- 0.78%
- 10Y*
- 2.38%
SPY2.DE vs. LMWE.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% |
LMWE.DE Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) | 7.51% | -2.27% | 4.83% | 3.20% | -20.69% | 36.10% | -17.30% | -1.22% |
Correlation
The correlation between SPY2.DE and LMWE.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2019 | 0.93 |
The correlation between SPY2.DE and LMWE.DE has been stable across timeframes, ranging from 0.90 to 0.93 - 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. LMWE.DE — Risk / Return Rank
SPY2.DE
LMWE.DE
SPY2.DE vs. LMWE.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 Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) (LMWE.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 | LMWE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.15 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.24 | +0.24 |
| Martin ratioReturn relative to average drawdown | 4.38 | 3.96 | +0.41 |
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 | LMWE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.86 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.05 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.41 | -0.36 |
Drawdowns
SPY2.DE vs. LMWE.DE - Drawdown Comparison
The maximum SPY2.DE drawdown since its inception was -42.59%, roughly equal to the maximum LMWE.DE drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for SPY2.DE and LMWE.DE.
Loading charts...
Drawdown Indicators
| SPY2.DE | LMWE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.59% | -42.37% | -0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -6.86% | -7.88% | +1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -20.14% | -20.47% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -30.72% | -30.69% | -0.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.37% | — |
Current DrawdownCurrent decline from peak | -7.69% | -11.34% | +3.65% |
Average DrawdownAverage peak-to-trough decline | -15.50% | -10.67% | -4.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 2.42% | -0.09% |
Volatility
SPY2.DE vs. LMWE.DE - Volatility Comparison
SPDR Dow Jones Global Real Estate UCITS ETF Accumulating (SPY2.DE) and Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) (LMWE.DE) have volatilities of 2.82% and 2.75%, 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 | LMWE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 2.75% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 8.23% | +0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.46% | 11.36% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.06% | 15.24% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.91% | 16.94% | +2.97% |
SPY2.DE vs. LMWE.DE - Expense Ratio Comparison
SPY2.DE has a 0.40% expense ratio, which is lower than LMWE.DE's 0.45% expense ratio.
Dividends
SPY2.DE vs. LMWE.DE - Dividend Comparison
SPY2.DE has not paid dividends to shareholders, while LMWE.DE's dividend yield for the trailing twelve months is around 2.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMWE.DE Lyxor FTSE EPRA/NAREIT Global Developed UCITS ETF Dist (EUR) | 2.42% | 2.61% | 3.75% | 0.00% | 4.18% | 2.22% | 3.76% | 3.37% | 3.76% | 3.44% | 3.65% | 4.01% |
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 0.90, SPY2.DE and LMWE.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 0.45% for LMWE.DE.
SPY2.DE tracks Dow Jones Global Select Real Estate Securities, while LMWE.DE tracks FTSE EPRA/NAREIT Developed. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.40% for SPY2.DE and 0.45% for LMWE.DE.
Find the right allocation for SPY2.DE and LMWE.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