SPY5.DE vs. XDEW.DE
SPY5.DE (SPDR S&P 500 UCITS ETF) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both S&P 500 funds - SPY5.DE tracks the S&P 500 Index while XDEW.DE tracks the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, SPY5.DE returned 14.16%/yr vs 11.04%/yr for XDEW.DE. Their correlation of 0.90 suggests significant overlap in exposure. SPY5.DE charges 0.03%/yr vs 0.20%/yr for XDEW.DE.
Performance
SPY5.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPY5.DE achieves a 11.84% return, which is significantly lower than XDEW.DE's 14.50% return. Over the past 10 years, SPY5.DE has outperformed XDEW.DE with an annualized return of 14.16%, while XDEW.DE has yielded a comparatively lower 11.04% annualized return.
SPY5.DE
- 1D
- -1.19%
- 1M
- 0.81%
- 6M
- 9.56%
- YTD
- 11.84%
- 1Y
- 21.62%
- 3Y*
- 18.66%
- 5Y*
- 13.47%
- 10Y*
- 14.16%
XDEW.DE
- 1D
- -0.34%
- 1M
- 2.32%
- 6M
- 9.75%
- YTD
- 14.50%
- 1Y
- 19.87%
- 3Y*
- 12.62%
- 5Y*
- 9.52%
- 10Y*
- 11.04%
SPY5.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPY5.DE SPDR S&P 500 UCITS ETF | 11.84% | 4.75% | 32.36% | 22.42% | -14.24% | 40.60% | 6.73% | 34.44% | -2.03% | 6.29% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.50% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between SPY5.DE and XDEW.DE is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.90 |
Over the past year, the correlation between SPY5.DE and XDEW.DE has dropped to 0.67 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.
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Return for Risk
SPY5.DE vs. XDEW.DE — Risk / Return Rank
SPY5.DE
XDEW.DE
SPY5.DE vs. XDEW.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 Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 3.91 | -0.90 |
| Martin ratioReturn relative to average drawdown | 10.65 | 12.05 | -1.40 |
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Drawdowns
SPY5.DE vs. XDEW.DE - Drawdown Comparison
The maximum SPY5.DE drawdown since its inception was -33.86%, smaller than the maximum XDEW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for SPY5.DE and XDEW.DE.
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Drawdown Indicators
| SPY5.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.86% | -38.79% | +4.93% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -5.06% | -2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -23.34% | -22.70% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -23.34% | -22.70% | -0.64% |
Max Drawdown (10Y)Largest decline over 10 years | -33.86% | -38.79% | +4.93% |
Current DrawdownCurrent decline from peak | -1.31% | -0.61% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -3.90% | -5.33% | +1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 1.65% | +0.37% |
Volatility
SPY5.DE vs. XDEW.DE - Volatility Comparison
SPDR S&P 500 UCITS ETF (SPY5.DE) has a higher volatility of 2.99% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.81%. This indicates that SPY5.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.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 | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.81% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 7.82% | 6.82% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.75% | 10.43% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 14.90% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 16.80% | -0.73% |
SPY5.DE vs. XDEW.DE - Expense Ratio Comparison
SPY5.DE has a 0.03% expense ratio, which is lower than XDEW.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SPY5.DE vs. XDEW.DE - Dividend Comparison
SPY5.DE's dividend yield for the trailing twelve months is around 0.91%, while XDEW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY5.DE SPDR S&P 500 UCITS ETF | 0.91% | 0.99% | 1.03% | 1.22% | 1.42% | 0.95% | 1.37% | 1.43% | 0.80% | 1.21% | 1.57% | 1.69% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 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
SPY5.DE and XDEW.DE have a correlation of 0.67, 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 0.20% for XDEW.DE.
SPY5.DE tracks S&P 500 Index, while XDEW.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.03% for SPY5.DE and 0.20% for XDEW.DE.
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