SPYL.DE vs. LYP6.DE
SPYL.DE (State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc)) and LYP6.DE (Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc) are both exchange-traded funds - SPYL.DE is a S&P 500 fund tracking the S&P 500 Index, while LYP6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past year, SPYL.DE returned 26.53% vs 19.51% for LYP6.DE. A 0.54 correlation means they provide meaningful diversification when combined. SPYL.DE charges 0.03%/yr vs 0.07%/yr for LYP6.DE.
Performance
SPYL.DE vs. LYP6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYL.DE achieves a 11.37% return, which is significantly higher than LYP6.DE's 8.98% return.
SPYL.DE
- 1D
- -0.15%
- 1M
- 1.37%
- YTD
- 11.37%
- 6M
- 12.66%
- 1Y
- 26.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LYP6.DE
- 1D
- 1.90%
- 1M
- 2.96%
- YTD
- 8.98%
- 6M
- 11.60%
- 1Y
- 19.51%
- 3Y*
- 14.24%
- 5Y*
- 9.81%
- 10Y*
- 10.02%
SPYL.DE vs. LYP6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPYL.DE State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) | 11.37% | 4.71% | 32.33% | 9.54% |
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 8.98% | 20.82% | 8.25% | 11.23% |
Correlation
The correlation between SPYL.DE and LYP6.DE is 0.59, 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 | 0.59 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2023 | 0.54 |
The correlation between SPYL.DE and LYP6.DE has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
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Return for Risk
SPYL.DE vs. LYP6.DE — Risk / Return Rank
SPYL.DE
LYP6.DE
SPYL.DE vs. LYP6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.DE) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPYL.DE | LYP6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 1.94 | +1.63 |
| Martin ratioReturn relative to average drawdown | 12.72 | 7.50 | +5.23 |
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Drawdowns
SPYL.DE vs. LYP6.DE - Drawdown Comparison
The maximum SPYL.DE drawdown since its inception was -23.27%, smaller than the maximum LYP6.DE drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for SPYL.DE and LYP6.DE.
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Drawdown Indicators
| SPYL.DE | LYP6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.27% | -35.51% | +12.24% |
Max Drawdown (1Y)Largest decline over 1 year | -7.13% | -9.45% | +2.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.51% | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.24% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -5.23% | +2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.45% | -0.44% |
Volatility
SPYL.DE vs. LYP6.DE - Volatility Comparison
The current volatility for State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.DE) is 2.66%, while Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) has a volatility of 4.31%. This indicates that SPYL.DE experiences smaller price fluctuations and is considered to be less risky than LYP6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYL.DE | LYP6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 4.31% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 7.57% | 10.85% | -3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.52% | 13.06% | -1.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 14.43% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 15.56% | -0.96% |
SPYL.DE vs. LYP6.DE - Expense Ratio Comparison
SPYL.DE has a 0.03% expense ratio, which is lower than LYP6.DE's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SPYL.DE vs. LYP6.DE - Dividend Comparison
Neither SPYL.DE nor LYP6.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYL.DE and LYP6.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYL.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYL.DE is cheaper with a 0.03% expense ratio, compared with 0.07% for LYP6.DE.
SPYL.DE is categorized as S&P 500, while LYP6.DE is Europe Equities. SPYL.DE tracks S&P 500 Index, while LYP6.DE tracks STOXX® Europe 600. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.03% for SPYL.DE and 0.07% for LYP6.DE.
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