SPYK.DE vs. ESIT.DE
SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) and ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) are both Technology Equities funds - SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped while ESIT.DE tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, SPYK.DE returned 15.13%/yr vs 15.04%/yr for ESIT.DE. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.18% expense ratio.
Performance
SPYK.DE vs. ESIT.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SPYK.DE having a 50.09% return and ESIT.DE slightly higher at 52.07%.
SPYK.DE
- 1D
- 0.27%
- 1M
- 20.48%
- YTD
- 50.09%
- 6M
- 47.63%
- 1Y
- 59.88%
- 3Y*
- 24.74%
- 5Y*
- 15.13%
- 10Y*
- 16.39%
ESIT.DE
- 1D
- 0.17%
- 1M
- 20.56%
- YTD
- 52.07%
- 6M
- 49.22%
- 1Y
- 61.87%
- 3Y*
- 24.73%
- 5Y*
- 15.04%
- 10Y*
- —
SPYK.DE vs. ESIT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 50.09% | 10.46% | 8.46% | 35.03% | -28.76% | 36.64% | 7.42% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 52.07% | 10.07% | 7.34% | 35.09% | -29.06% | 37.04% | 7.94% |
Correlation
The correlation between SPYK.DE and ESIT.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.99 |
The correlation between SPYK.DE and ESIT.DE has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
SPYK.DE vs. ESIT.DE — Risk / Return Rank
SPYK.DE
ESIT.DE
SPYK.DE vs. ESIT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.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.
| SPYK.DE | ESIT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.39 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 4.72 | -0.13 |
| Martin ratioReturn relative to average drawdown | 12.19 | 12.60 | -0.41 |
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
| SPYK.DE | ESIT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 2.38 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.58 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.72 | -0.09 |
Drawdowns
SPYK.DE vs. ESIT.DE - Drawdown Comparison
The maximum SPYK.DE drawdown since its inception was -38.45%, roughly equal to the maximum ESIT.DE drawdown of -38.33%. Use the drawdown chart below to compare losses from any high point for SPYK.DE and ESIT.DE.
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Drawdown Indicators
| SPYK.DE | ESIT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.45% | -38.33% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -13.03% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -27.02% | -27.10% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -38.45% | -38.33% | -0.12% |
Max Drawdown (10Y)Largest decline over 10 years | -38.45% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.39% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -8.36% | -12.02% | +3.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 4.90% | 0.00% |
Volatility
SPYK.DE vs. ESIT.DE - Volatility Comparison
SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) have volatilities of 10.31% and 10.57%, 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
| SPYK.DE | ESIT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.31% | 10.57% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 20.95% | 21.01% | -0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.88% | 25.89% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.86% | 25.75% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.18% | 25.30% | -1.12% |
SPYK.DE vs. ESIT.DE - Expense Ratio Comparison
Both SPYK.DE and ESIT.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SPYK.DE vs. ESIT.DE - Dividend Comparison
Neither SPYK.DE nor ESIT.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, SPYK.DE and ESIT.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPYK.DE and ESIT.DE have the same expense ratio: 0.18% per year.
SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped, while ESIT.DE tracks MSCI World/Information Tech NR USD. They also come from different issuers: State Street and iShares.
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