SPYE.DE vs. SPEU
Compare and contrast key facts about SPDR MSCI Europe UCITS ETF (SPYE.DE) and SPDR Portfolio Europe ETF (SPEU).
SPYE.DE and SPEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYE.DE is a passively managed fund by State Street that tracks the performance of the MSCI Europe. It was launched on Dec 5, 2014. SPEU is a passively managed fund by State Street that tracks the performance of the STOXX Europe Total Market. It was launched on Oct 15, 2002. Both SPYE.DE and SPEU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYE.DE or SPEU.
Key characteristics
| SPYE.DE | SPEU | |
|---|---|---|
| YTD Return | 7.36% | 3.52% |
| 1Y Return | 15.22% | 15.10% |
| 3Y Return (Ann) | 4.15% | 1.00% |
| 5Y Return (Ann) | 6.95% | 6.29% |
| 10Y Return (Ann) | 6.80% | 4.66% |
| Sharpe Ratio | 1.33 | 1.16 |
| Sortino Ratio | 1.86 | 1.66 |
| Omega Ratio | 1.24 | 1.20 |
| Calmar Ratio | 2.01 | 1.39 |
| Martin Ratio | 8.07 | 5.98 |
| Ulcer Index | 1.74% | 2.57% |
| Daily Std Dev | 10.61% | 13.25% |
| Max Drawdown | -35.54% | -62.45% |
| Current Drawdown | -5.10% | -9.32% |
Correlation
The correlation between SPYE.DE and SPEU is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPYE.DE vs. SPEU - Performance Comparison
In the year-to-date period, SPYE.DE achieves a 7.36% return, which is significantly higher than SPEU's 3.52% return. Over the past 10 years, SPYE.DE has outperformed SPEU with an annualized return of 6.80%, while SPEU has yielded a comparatively lower 4.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPYE.DE vs. SPEU - Expense Ratio Comparison
SPYE.DE has a 0.25% expense ratio, which is higher than SPEU's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPYE.DE vs. SPEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe UCITS ETF (SPYE.DE) and SPDR Portfolio Europe ETF (SPEU). 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.
Dividends
SPYE.DE vs. SPEU - Dividend Comparison
SPYE.DE has not paid dividends to shareholders, while SPEU's dividend yield for the trailing twelve months is around 3.12%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYE.DE SPDR MSCI Europe 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% |
SPEU SPDR Portfolio Europe ETF | 3.12% | 2.91% | 3.08% | 2.67% | 2.30% | 3.19% | 3.99% | 2.82% | 3.66% | 3.62% | 5.91% | 3.06% |
Drawdowns
SPYE.DE vs. SPEU - Drawdown Comparison
The maximum SPYE.DE drawdown since its inception was -35.54%, smaller than the maximum SPEU drawdown of -62.45%. Use the drawdown chart below to compare losses from any high point for SPYE.DE and SPEU. For additional features, visit the drawdowns tool.
Volatility
SPYE.DE vs. SPEU - Volatility Comparison
SPDR MSCI Europe UCITS ETF (SPYE.DE) and SPDR Portfolio Europe ETF (SPEU) have volatilities of 4.70% and 4.49%, 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.