SPYD.DE vs. VDIV.DE
SPYD.DE (State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist)) and VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both exchange-traded funds - SPYD.DE is a Dividend fund tracking the S&P High Yield Dividend Aristocrats Index, while VDIV.DE is a Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Both are passively managed. Over the past 5 years, SPYD.DE returned 7.85%/yr vs 17.99%/yr for VDIV.DE. A 0.72 correlation means they provide meaningful diversification when combined. SPYD.DE charges 0.35%/yr vs 0.38%/yr for VDIV.DE.
Performance
SPYD.DE vs. VDIV.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYD.DE achieves a 14.85% return, which is significantly higher than VDIV.DE's 12.05% return.
SPYD.DE
- 1D
- 0.40%
- 1M
- 6.10%
- 6M
- 14.61%
- YTD
- 14.85%
- 1Y
- 17.32%
- 3Y*
- 8.66%
- 5Y*
- 7.85%
- 10Y*
- 8.71%
VDIV.DE
- 1D
- 0.46%
- 1M
- 2.31%
- 6M
- 11.24%
- YTD
- 12.05%
- 1Y
- 28.66%
- 3Y*
- 20.20%
- 5Y*
- 17.99%
- 10Y*
- —
SPYD.DE vs. VDIV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPYD.DE State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) | 14.85% | -3.53% | 14.02% | -1.46% | 5.40% | 36.24% | -8.60% | 25.98% | -4.28% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 12.05% | 24.58% | 15.66% | 11.45% | 15.47% | 27.94% | -11.00% | 23.04% | -2.35% |
Correlation
The correlation between SPYD.DE and VDIV.DE is 0.55, 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 | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2018 | 0.72 |
The correlation between SPYD.DE and VDIV.DE shifts across timeframes, from 0.55 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.
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
SPYD.DE vs. VDIV.DE — Risk / Return Rank
SPYD.DE
VDIV.DE
SPYD.DE vs. VDIV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) (SPYD.DE) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.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.
| SPYD.DE | VDIV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.56 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 7.75 | -4.95 |
| Martin ratioReturn relative to average drawdown | 7.19 | 22.51 | -15.32 |
Loading charts...
Drawdowns
SPYD.DE vs. VDIV.DE - Drawdown Comparison
The maximum SPYD.DE drawdown since its inception was -35.89%, roughly equal to the maximum VDIV.DE drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for SPYD.DE and VDIV.DE.
Loading charts...
Drawdown Indicators
| SPYD.DE | VDIV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.89% | -36.13% | +0.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.16% | -3.68% | -2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -15.13% | -4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -19.35% | -15.13% | -4.22% |
Max Drawdown (10Y)Largest decline over 10 years | -35.89% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.37% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -4.19% | -2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.40% | 1.27% | +1.13% |
Volatility
SPYD.DE vs. VDIV.DE - Volatility Comparison
State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) (SPYD.DE) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) have volatilities of 2.58% and 2.56%, 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
| SPYD.DE | VDIV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.58% | 2.56% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.46% | 7.18% | +0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.26% | 9.52% | +0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 11.95% | +1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 15.32% | +0.51% |
SPYD.DE vs. VDIV.DE - Expense Ratio Comparison
SPYD.DE has a 0.35% expense ratio, which is lower than VDIV.DE's 0.38% expense ratio.
Dividends
SPYD.DE vs. VDIV.DE - Dividend Comparison
SPYD.DE's dividend yield for the trailing twelve months is around 1.97%, less than VDIV.DE's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYD.DE State Street SPDR S&P U.S. Dividend Aristocrats UCITS ETF (Dist) | 1.97% | 2.23% | 1.97% | 2.30% | 2.16% | 2.07% | 2.52% | 2.01% | 1.66% | 1.87% | 1.74% | 2.02% |
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.13% | 3.58% | 4.19% | 4.97% | 4.56% | 3.97% | 4.11% | 4.35% | 0.91% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPYD.DE and VDIV.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYD.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYD.DE is cheaper with a 0.35% expense ratio, compared with 0.38% for VDIV.DE.
SPYD.DE is categorized as Dividend, while VDIV.DE is Global Equities. SPYD.DE tracks S&P High Yield Dividend Aristocrats Index, while VDIV.DE tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. They also come from different issuers: State Street and VanEck. Their fees differ too: 0.35% for SPYD.DE and 0.38% for VDIV.DE.
Find the right allocation for SPYD.DE and VDIV.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