SPYK.DE vs. SPY5.DE
SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) and SPY5.DE (SPDR S&P 500 UCITS ETF) are both exchange-traded funds - SPYK.DE is a Technology Equities fund tracking the MSCI Europe Information Technology 20/35 Capped, while SPY5.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, SPYK.DE returned 16.39%/yr vs 15.13%/yr for SPY5.DE. A 0.69 correlation means they provide meaningful diversification when combined. SPYK.DE charges 0.18%/yr vs 0.03%/yr for SPY5.DE.
Performance
SPYK.DE vs. SPY5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYK.DE achieves a 50.09% return, which is significantly higher than SPY5.DE's 11.39% return. Over the past 10 years, SPYK.DE has outperformed SPY5.DE with an annualized return of 16.39%, while SPY5.DE has yielded a comparatively lower 15.13% annualized return.
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%
SPY5.DE
- 1D
- -0.13%
- 1M
- 5.22%
- YTD
- 11.39%
- 6M
- 11.43%
- 1Y
- 25.61%
- 3Y*
- 18.89%
- 5Y*
- 14.76%
- 10Y*
- 15.13%
SPYK.DE vs. SPY5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 50.09% | 10.46% | 8.46% | 35.03% | -28.76% | 36.64% | 13.36% | 38.97% | -7.68% | 19.55% |
SPY5.DE SPDR S&P 500 UCITS ETF | 11.39% | 4.75% | 32.36% | 22.42% | -14.24% | 40.60% | 6.73% | 34.93% | 0.25% | 6.69% |
Correlation
The correlation between SPYK.DE and SPY5.DE is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.69 |
The correlation between SPYK.DE and SPY5.DE has been stable across timeframes, ranging from 0.64 to 0.69 - a consistent structural relationship.
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Return for Risk
SPYK.DE vs. SPY5.DE — Risk / Return Rank
SPYK.DE
SPY5.DE
SPYK.DE vs. SPY5.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 SPDR S&P 500 UCITS ETF (SPY5.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 | SPY5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.41 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 3.57 | +1.02 |
| Martin ratioReturn relative to average drawdown | 12.19 | 12.77 | -0.58 |
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 | SPY5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 2.22 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.96 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.93 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.97 | -0.34 |
Drawdowns
SPYK.DE vs. SPY5.DE - Drawdown Comparison
The maximum SPYK.DE drawdown since its inception was -38.45%, which is greater than SPY5.DE's maximum drawdown of -33.86%. Use the drawdown chart below to compare losses from any high point for SPYK.DE and SPY5.DE.
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Drawdown Indicators
| SPYK.DE | SPY5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.45% | -33.86% | -4.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -7.15% | -5.84% |
Max Drawdown (3Y)Largest decline over 3 years | -27.02% | -23.34% | -3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -38.45% | -23.34% | -15.11% |
Max Drawdown (10Y)Largest decline over 10 years | -38.45% | -33.86% | -4.59% |
Current DrawdownCurrent decline from peak | -0.09% | -0.44% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -8.36% | -3.95% | -4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 2.00% | +2.90% |
Volatility
SPYK.DE vs. SPY5.DE - Volatility Comparison
SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a higher volatility of 10.31% compared to SPDR S&P 500 UCITS ETF (SPY5.DE) at 2.66%. This indicates that SPYK.DE's price experiences larger fluctuations and is considered to be riskier than SPY5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYK.DE | SPY5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.31% | 2.66% | +7.65% |
Volatility (6M)Calculated over the trailing 6-month period | 20.95% | 7.54% | +13.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.88% | 11.51% | +14.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.86% | 15.18% | +10.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.18% | 16.07% | +8.11% |
SPYK.DE vs. SPY5.DE - Expense Ratio Comparison
SPYK.DE has a 0.18% expense ratio, which is higher than SPY5.DE's 0.03% 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%.
Dividends
SPYK.DE vs. SPY5.DE - Dividend Comparison
SPYK.DE has not paid dividends to shareholders, while SPY5.DE's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY5.DE SPDR S&P 500 UCITS ETF | 0.89% | 0.99% | 1.03% | 1.22% | 1.42% | 0.95% | 1.37% | 1.74% | 3.30% | 1.59% | 1.57% | 1.69% |
SPYK.DE SPDR MSCI Europe Technology 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% |
Frequently Asked Questions
SPYK.DE and SPY5.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPY5.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPY5.DE is cheaper with a 0.03% expense ratio, compared with 0.18% for SPYK.DE.
SPYK.DE is categorized as Technology Equities, while SPY5.DE is S&P 500. SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped, while SPY5.DE tracks S&P 500 Index. Their fees differ too: 0.18% for SPYK.DE and 0.03% for SPY5.DE.
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