SPYI vs. SPPW.DE
Compare and contrast key facts about NEOS S&P 500 High Income ETF (SPYI) and SPDR MSCI World UCITS ETF (SPPW.DE).
SPYI and SPPW.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYI is an actively managed fund by Neos. It was launched on Aug 29, 2022. SPPW.DE is a passively managed fund by State Street that tracks the performance of the MSCI World. It was launched on Feb 28, 2019.
Performance
SPYI vs. SPPW.DE - Performance Comparison
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SPYI vs. SPPW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPYI NEOS S&P 500 High Income ETF | -2.59% | 16.67% | 19.03% | 18.09% | -2.44% |
SPPW.DE SPDR MSCI World UCITS ETF | -2.60% | 21.96% | 18.88% | 24.05% | -0.92% |
Different Trading Currencies
SPYI is traded in USD, while SPPW.DE is traded in EUR. To make them comparable, the SPPW.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with SPYI having a -2.59% return and SPPW.DE slightly lower at -2.60%.
SPYI
- 1D
- 0.56%
- 1M
- -3.70%
- YTD
- -2.59%
- 6M
- 0.63%
- 1Y
- 16.76%
- 3Y*
- 14.46%
- 5Y*
- —
- 10Y*
- —
SPPW.DE
- 1D
- 2.41%
- 1M
- -3.92%
- YTD
- -2.60%
- 6M
- 1.02%
- 1Y
- 20.63%
- 3Y*
- 17.82%
- 5Y*
- 10.60%
- 10Y*
- —
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SPYI vs. SPPW.DE - Expense Ratio Comparison
SPYI has a 0.68% expense ratio, which is higher than SPPW.DE's 0.12% expense ratio.
Return for Risk
SPYI vs. SPPW.DE — Risk / Return Rank
SPYI
SPPW.DE
SPYI vs. SPPW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS S&P 500 High Income ETF (SPYI) and SPDR MSCI World UCITS ETF (SPPW.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.
| SPYI | SPPW.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 1.24 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.57 | 1.77 | -0.20 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.26 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 2.09 | -0.55 |
Martin ratioReturn relative to average drawdown | 8.06 | 9.54 | -1.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPYI | SPPW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.24 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.73 | +0.28 |
Correlation
The correlation between SPYI and SPPW.DE is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SPYI vs. SPPW.DE - Dividend Comparison
SPYI's dividend yield for the trailing twelve months is around 12.43%, while SPPW.DE has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPYI NEOS S&P 500 High Income ETF | 12.43% | 11.70% | 12.04% | 12.01% | 4.10% |
SPPW.DE SPDR MSCI World UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPYI vs. SPPW.DE - Drawdown Comparison
The maximum SPYI drawdown since its inception was -16.47%, smaller than the maximum SPPW.DE drawdown of -34.17%. Use the drawdown chart below to compare losses from any high point for SPYI and SPPW.DE.
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Drawdown Indicators
| SPYI | SPPW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.47% | -33.69% | +17.22% |
Max Drawdown (1Y)Largest decline over 1 year | -11.02% | -13.19% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.62% | — |
Current DrawdownCurrent decline from peak | -4.50% | -3.99% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -4.52% | +2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 1.97% | +0.14% |
Volatility
SPYI vs. SPPW.DE - Volatility Comparison
NEOS S&P 500 High Income ETF (SPYI) and SPDR MSCI World UCITS ETF (SPPW.DE) have volatilities of 5.10% and 4.99%, 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.
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Volatility by Period
| SPYI | SPPW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 4.99% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.29% | 8.91% | -0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.22% | 16.54% | -0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.12% | 15.50% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.12% | 17.24% | -4.12% |