SPYJ.DE vs. ASRM.DE

Last updated Jun 5, 2026

SPYJ.DE (SPDR Dow Jones Global Real Estate UCITS ETF) and ASRM.DE (BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF) are both REIT funds - SPYJ.DE tracks the Dow Jones Global Select Real Estate Securities while ASRM.DE tracks the FTSE EPRA Nareit Developed Green EU CTB. Both are passively managed. At a correlation of -0.00, they often move in opposite directions. Both charge a 0.40% expense ratio.

Performance

SPYJ.DE vs. ASRM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.DE) and BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF (ASRM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPYJ.DE

• 1D: 0.05%
• 1M: -0.54%
• YTD: 8.14%
• 6M: 7.27%
• 1Y: 10.19%
• 3Y*: 5.92%
• 5Y*: 2.31%
• 10Y*: 3.00%

ASRM.DE

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPYJ.DE vs. ASRM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF	8.14%	-2.34%	4.88%	7.77%	-20.64%	41.31%	-18.77%	23.49%	-0.95%	-3.79%
ASRM.DE BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF	0.00%	0.00%	-78.40%	-3.99%	-3.83%	0.89%	-16.42%	-14.47%	3.07%	-15.24%

Correlation

The correlation between SPYJ.DE and ASRM.DE is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.00
Correlation (All Time) Calculated using the full available price history since Oct 26, 2012	-0.00

Return for Risk

SPYJ.DE vs. ASRM.DE — Risk / Return Rank

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

SPYJ.DE

SPYJ.DE Risk / Return Rank: 27
SPYJ.DE Sharpe Ratio Rank: 26
SPYJ.DE Sortino Ratio Rank: 24
SPYJ.DE Omega Ratio Rank: 25
SPYJ.DE Calmar Ratio Rank: 30
SPYJ.DE Martin Ratio Rank: 31

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.

SPYJ.DE vs. ASRM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.DE) and BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB UCITS ETF (ASRM.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.

	SPYJ.DE	ASRM.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.90	—	—
Sortino ratio: Return per unit of downside risk	1.30	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.46	—	—
Martin ratio: Return relative to average drawdown	4.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SPYJ.DE	ASRM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	—	—

Drawdowns

Drawdown Indicators

	SPYJ.DE	ASRM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-42.92%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.92%	—	—
Current Drawdown Current decline from peak	-7.72%	—	—
Average Drawdown Average peak-to-trough decline	-11.10%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	—	—

Volatility

Volatility by Period

	SPYJ.DE	ASRM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.11%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.96%	—	—

SPYJ.DE vs. ASRM.DE - Expense Ratio Comparison

Both SPYJ.DE and ASRM.DE have an expense ratio of 0.40%.

Dividends

SPYJ.DE vs. ASRM.DE - Dividend Comparison

SPYJ.DE's dividend yield for the trailing twelve months is around 2.57%, while ASRM.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASRM.DE BNP Paribas Easy FTSE EPRA Nareit Global Developed Green CTB 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%
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF	2.57%	2.80%	2.70%	2.67%	2.91%	1.76%	2.70%	3.16%	4.36%	4.02%	2.53%	2.10%

Frequently Asked Questions

Can I hold both SPYJ.DE and ASRM.DE in my portfolio?

SPYJ.DE and ASRM.DE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPYJ.DE or ASRM.DE?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPYJ.DE or ASRM.DE?

SPYJ.DE and ASRM.DE have the same expense ratio: 0.40% per year.

What is the main difference between SPYJ.DE and ASRM.DE?

SPYJ.DE tracks Dow Jones Global Select Real Estate Securities, while ASRM.DE tracks FTSE EPRA Nareit Developed Green EU CTB. They also come from different issuers: State Street and BNP Paribas.