SPY5.DE vs. NQSE.DE
SPY5.DE (SPDR S&P 500 UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - SPY5.DE is a S&P 500 fund tracking the S&P 500 Index, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, SPY5.DE returned 14.23%/yr vs 14.04%/yr for NQSE.DE. Their correlation of 0.82 suggests significant overlap in exposure. SPY5.DE charges 0.03%/yr vs 0.33%/yr for NQSE.DE.
Performance
SPY5.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPY5.DE achieves a 9.95% return, which is significantly lower than NQSE.DE's 15.12% return.
SPY5.DE
- 1D
- 1.56%
- 1M
- 0.08%
- YTD
- 9.95%
- 6M
- 10.78%
- 1Y
- 24.88%
- 3Y*
- 17.96%
- 5Y*
- 14.23%
- 10Y*
- 14.78%
NQSE.DE
- 1D
- 3.16%
- 1M
- 0.12%
- YTD
- 15.12%
- 6M
- 16.84%
- 1Y
- 33.33%
- 3Y*
- 23.70%
- 5Y*
- 14.04%
- 10Y*
- —
SPY5.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPY5.DE SPDR S&P 500 UCITS ETF | 9.95% | 4.75% | 32.36% | 22.42% | -14.24% | 40.60% | 6.73% | 34.44% | -12.11% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 15.12% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 35.63% | -15.97% |
Correlation
The correlation between SPY5.DE and NQSE.DE is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.82 |
The correlation between SPY5.DE and NQSE.DE has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
SPY5.DE vs. NQSE.DE — Risk / Return Rank
SPY5.DE
NQSE.DE
SPY5.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 UCITS ETF (SPY5.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.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.
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.
| SPY5.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 2.73 | +0.68 |
| Martin ratioReturn relative to average drawdown | 12.10 | 9.34 | +2.77 |
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Drawdowns
SPY5.DE vs. NQSE.DE - Drawdown Comparison
The maximum SPY5.DE drawdown since its inception was -33.86%, smaller than the maximum NQSE.DE drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for SPY5.DE and NQSE.DE.
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Drawdown Indicators
| SPY5.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.86% | -37.62% | +3.76% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -11.88% | +4.73% |
Max Drawdown (3Y)Largest decline over 3 years | -23.34% | -22.41% | -0.93% |
Max Drawdown (5Y)Largest decline over 5 years | -23.34% | -37.62% | +14.28% |
Max Drawdown (10Y)Largest decline over 10 years | -33.86% | — | — |
Current DrawdownCurrent decline from peak | -1.74% | -3.08% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -8.55% | +4.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 3.49% | -1.47% |
Volatility
SPY5.DE vs. NQSE.DE - Volatility Comparison
The current volatility for SPDR S&P 500 UCITS ETF (SPY5.DE) is 3.08%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 6.10%. This indicates that SPY5.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPY5.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 6.10% | -3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.88% | 12.93% | -5.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.75% | 16.74% | -4.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 21.02% | -5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 21.60% | -5.52% |
SPY5.DE vs. NQSE.DE - Expense Ratio Comparison
SPY5.DE has a 0.03% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
SPY5.DE vs. NQSE.DE - Dividend Comparison
SPY5.DE's dividend yield for the trailing twelve months is around 0.90%, while NQSE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NQSE.DE iShares NASDAQ 100 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% |
SPY5.DE SPDR S&P 500 UCITS ETF | 0.90% | 0.99% | 1.03% | 1.22% | 1.42% | 0.95% | 1.37% | 1.43% | 1.28% | 1.59% | 1.57% | 1.69% |
Frequently Asked Questions
SPY5.DE and NQSE.DE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPY5.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPY5.DE is cheaper with a 0.03% expense ratio, compared with 0.33% for NQSE.DE.
SPY5.DE is categorized as S&P 500, while NQSE.DE is Nasdaq-100. SPY5.DE tracks S&P 500 Index, while NQSE.DE tracks NASDAQ-100 Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.03% for SPY5.DE and 0.33% for NQSE.DE.
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