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SPY4.DE vs. URTH
Performance
Return for Risk
Dividends
Drawdowns
Volatility

SPY4.DE vs. URTH

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.DE) and iShares MSCI World ETF (URTH).

SPY4.DE and URTH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPY4.DE is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400. It was launched on Jan 30, 2012. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. Both SPY4.DE and URTH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SPY4.DE vs. URTH - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.DE) and iShares MSCI World ETF (URTH). The values are adjusted to include any dividend payments, if applicable.

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SPY4.DE vs. URTH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SPY4.DE
SPDR S&P 400 US Mid Cap UCITS ETF		3.67%-3.63%18.67%13.23%-8.82%35.58%2.35%29.19%-8.75%1.67%
URTH
iShares MSCI World ETF		-0.63%6.96%26.49%20.23%-12.88%31.42%6.24%31.04%-4.27%7.84%
Different Trading Currencies

SPY4.DE is traded in EUR, while URTH is traded in USD. To make them comparable, the URTH values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SPY4.DE achieves a 3.67% return, which is significantly higher than URTH's -1.56% return. Over the past 10 years, SPY4.DE has underperformed URTH with an annualized return of 9.89%, while URTH has yielded a comparatively higher 11.90% annualized return.

SPY4.DE

1D
2.11%
1M
-3.36%
YTD
3.67%
6M
6.28%
1Y
9.65%
3Y*
9.63%
5Y*
6.70%
10Y*
9.89%

URTH

1D
0.00%
1M
-4.30%
YTD
-1.56%
6M
0.98%
1Y
11.14%
3Y*
14.62%
5Y*
10.64%
10Y*
11.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

SPDR S&P 400 US Mid Cap UCITS ETF

iShares MSCI World ETF

Often compared with SPY4.DE:
SPY4.DE vs. SPYSPY4.DE vs. MDYSPY4.DE vs. CSPX.LSPY4.DE vs. VOOSPY4.DE vs. ^GSPCSPY4.DE vs. IJHSPY4.DE vs. VUAG.L
Often compared with URTH:
URTH vs. VTURTH vs. IWDA.LURTH vs. SPYURTH vs. VOOURTH vs. XWD.TOURTH vs. MWRD.LURTH vs. BRK-B

SPY4.DE vs. URTH - Expense Ratio Comparison

SPY4.DE has a 0.30% expense ratio, which is higher than URTH's 0.24% expense ratio.

SPY4.DE
SPDR S&P 400 US Mid Cap UCITS ETF
URTH
iShares MSCI World ETF

Return for Risk

SPY4.DE vs. URTH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPY4.DE
SPY4.DE Risk / Return Rank: 2929
Overall Rank
SPY4.DE Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
SPY4.DE Sortino Ratio Rank: 2525
Sortino Ratio Rank
SPY4.DE Omega Ratio Rank: 2525
Omega Ratio Rank
SPY4.DE Calmar Ratio Rank: 3535
Calmar Ratio Rank
SPY4.DE Martin Ratio Rank: 3535
Martin Ratio Rank
URTH
URTH Risk / Return Rank: 6868
Overall Rank
URTH Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
URTH Sortino Ratio Rank: 6767
Sortino Ratio Rank
URTH Omega Ratio Rank: 6969
Omega Ratio Rank
URTH Calmar Ratio Rank: 6666
Calmar Ratio Rank
URTH Martin Ratio Rank: 7676
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.

SPY4.DE vs. URTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.DE) and iShares MSCI World ETF (URTH). 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.

SPY4.DEURTHDifference

Sharpe ratio

Return per unit of total volatility

0.47

0.59

-0.12

Sortino ratio

Return per unit of downside risk

0.76

0.92

-0.17

Omega ratio

Gain probability vs. loss probability

1.11

1.15

-0.04

Calmar ratio

Return relative to maximum drawdown

0.96

0.91

+0.05

Martin ratio

Return relative to average drawdown

3.42

3.97

-0.54

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPY4.DE vs. URTH - Sharpe Ratio Comparison

The current SPY4.DE Sharpe Ratio is 0.47, which is comparable to the URTH Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of SPY4.DE and URTH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

SPY4.DEURTHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.47

0.59

-0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

0.70

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.69

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.70

-0.08

Correlation

The correlation between SPY4.DE and URTH is 0.53, 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.

Dividends

SPY4.DE vs. URTH - Dividend Comparison

SPY4.DE has not paid dividends to shareholders, while URTH's dividend yield for the trailing twelve months is around 1.52%.

TTM20252024202320222021202020192018201720162015
SPY4.DE
SPDR S&P 400 US Mid Cap UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
URTH
iShares MSCI World ETF		1.52%1.48%1.47%1.70%1.68%1.50%1.52%2.16%2.30%1.88%2.15%2.35%

Drawdowns

SPY4.DE vs. URTH - Drawdown Comparison

The maximum SPY4.DE drawdown since its inception was -42.72%, which is greater than URTH's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for SPY4.DE and URTH.

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Drawdown Indicators

SPY4.DEURTHDifference

Max Drawdown

Largest peak-to-trough decline

-42.72%

-34.01%

-8.71%

Max Drawdown (1Y)

Largest decline over 1 year

-15.98%

-11.85%

-4.13%

Max Drawdown (5Y)

Largest decline over 5 years

-29.11%

-26.05%

-3.06%

Max Drawdown (10Y)

Largest decline over 10 years

-42.72%

-34.01%

-8.71%

Current Drawdown

Current decline from peak

-7.91%

-5.49%

-2.42%

Average Drawdown

Average peak-to-trough decline

-5.91%

-4.42%

-1.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.67%

2.47%

+0.20%

Volatility

SPY4.DE vs. URTH - Volatility Comparison

SPDR S&P 400 US Mid Cap UCITS ETF (SPY4.DE) has a higher volatility of 5.05% compared to iShares MSCI World ETF (URTH) at 4.54%. This indicates that SPY4.DE's price experiences larger fluctuations and is considered to be riskier than URTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPY4.DEURTHDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.05%

4.54%

+0.51%

Volatility (6M)

Calculated over the trailing 6-month period

10.54%

9.43%

+1.11%

Volatility (1Y)

Calculated over the trailing 1-year period

20.42%

19.08%

+1.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.39%

15.35%

+3.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.54%

17.27%

+2.27%