SPYI.DE vs. WVALX

Last updated Jun 5, 2026

SPYI.DE (SPDR MSCI ACWI IMI UCITS ETF) and WVALX (Weitz Value Fund) are both funds - SPYI.DE is a Global Equities fund tracking the MSCI All Country World Investable Market (ACWI IMI), while WVALX is a Large Cap Blend Equities fund managed by Weitz. Over the past 10 years, SPYI.DE returned 12.12%/yr vs 8.77%/yr for WVALX. At a 0.50 correlation, their price movements are largely independent. SPYI.DE charges 0.17%/yr vs 1.04%/yr for WVALX.

Performance

SPYI.DE vs. WVALX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI ACWI IMI UCITS ETF (SPYI.DE) and Weitz Value Fund (WVALX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, SPYI.DE achieves a 13.27% return, which is significantly higher than WVALX's -4.99% return. Over the past 10 years, SPYI.DE has outperformed WVALX with an annualized return of 12.12%, while WVALX has yielded a comparatively lower 8.77% annualized return.

SPYI.DE

• 1D: -0.12%
• 1M: 5.15%
• YTD: 13.27%
• 6M: 13.93%
• 1Y: 27.79%
• 3Y*: 17.57%
• 5Y*: 12.01%
• 10Y*: 12.12%

WVALX

• 1D: -0.51%
• 1M: 1.01%
• YTD: -4.99%
• 6M: -5.30%
• 1Y: -5.68%
• 3Y*: 3.80%
• 5Y*: 4.08%
• 10Y*: 8.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPYI.DE vs. WVALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPYI.DE SPDR MSCI ACWI IMI UCITS ETF	13.27%	9.10%	22.92%	17.54%	-12.90%	27.74%	5.39%	29.64%	-6.71%	8.46%
WVALX Weitz Value Fund	-4.99%	-12.05%	20.21%	25.83%	-18.11%	36.35%	8.65%	37.19%	-0.42%	1.39%

Correlation

The correlation between SPYI.DE and WVALX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jul 11, 2011	0.50

The correlation between SPYI.DE and WVALX shifts across timeframes, from 0.43 (1 year) to 0.54 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

SPYI.DE vs. WVALX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYI.DE

SPYI.DE Risk / Return Rank: 79
SPYI.DE Sharpe Ratio Rank: 76
SPYI.DE Sortino Ratio Rank: 76
SPYI.DE Omega Ratio Rank: 78
SPYI.DE Calmar Ratio Rank: 82
SPYI.DE Martin Ratio Rank: 85

WVALX

WVALX Risk / Return Rank: 2
WVALX Sharpe Ratio Rank: 2
WVALX Sortino Ratio Rank: 2
WVALX Omega Ratio Rank: 2
WVALX Calmar Ratio Rank: 2
WVALX Martin Ratio Rank: 2

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.

SPYI.DE vs. WVALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI IMI UCITS ETF (SPYI.DE) and Weitz Value Fund (WVALX). 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.

	SPYI.DE	WVALX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	-0.41	+2.82
Sortino ratio: Return per unit of downside risk	3.38	-0.46	+3.84
Omega ratio: Gain probability vs. loss probability	1.45	0.94	+0.51
Calmar ratio: Return relative to maximum drawdown	4.32	-0.34	+4.66
Martin ratio: Return relative to average drawdown	17.43	-0.86	+18.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPYI.DE vs. WVALX - Sharpe Ratio Comparison

The current SPYI.DE Sharpe Ratio is 2.41, which is higher than the WVALX Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of SPYI.DE and WVALX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPYI.DE	WVALX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	-0.41	+2.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.23	+0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.47	+0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.40	+0.44

Drawdowns

SPYI.DE vs. WVALX - Drawdown Comparison

The maximum SPYI.DE drawdown since its inception was -34.60%, smaller than the maximum WVALX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for SPYI.DE and WVALX.

Drawdown Indicators

	SPYI.DE	WVALX	Difference
Max Drawdown Largest peak-to-trough decline	-34.60%	-55.06%	+20.46%
Max Drawdown (1Y) Largest decline over 1 year	-6.41%	-16.54%	+10.13%
Max Drawdown (3Y) Largest decline over 3 years	-21.66%	-27.70%	+6.04%
Max Drawdown (5Y) Largest decline over 5 years	-21.66%	-27.70%	+6.04%
Max Drawdown (10Y) Largest decline over 10 years	-34.60%	-32.07%	-2.53%
Current Drawdown Current decline from peak	-0.56%	-20.71%	+20.15%
Average Drawdown Average peak-to-trough decline	-4.34%	-10.89%	+6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	6.58%	-4.99%

Volatility

SPYI.DE vs. WVALX - Volatility Comparison

SPDR MSCI ACWI IMI UCITS ETF (SPYI.DE) and Weitz Value Fund (WVALX) have volatilities of 3.11% and 3.11%, 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.

Volatility by Period

	SPYI.DE	WVALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	3.11%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	8.21%	10.74%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	11.48%	14.01%	-2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.90%	17.96%	-4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.18%	18.64%	-3.46%

SPYI.DE vs. WVALX - Expense Ratio Comparison

SPYI.DE has a 0.17% expense ratio, which is lower than WVALX's 1.04% expense ratio.

Dividends

SPYI.DE vs. WVALX - Dividend Comparison

SPYI.DE has not paid dividends to shareholders, while WVALX's dividend yield for the trailing twelve months is around 23.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYI.DE SPDR MSCI ACWI IMI 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%
WVALX Weitz Value Fund	23.27%	21.83%	11.03%	5.38%	14.15%	3.77%	9.12%	4.70%	10.95%	7.16%	0.00%	12.93%

Frequently Asked Questions

Can I hold both SPYI.DE and WVALX in my portfolio?

SPYI.DE and WVALX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.