SPYL.DE vs. XBLC.L
SPYL.DE (State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc)) and XBLC.L (Xtrackers II EUR Corporate Bond UCITS ETF 1C) are both exchange-traded funds - SPYL.DE is a S&P 500 fund tracking the S&P 500 Index, while XBLC.L is a European Corporate Bonds fund tracking the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past year, SPYL.DE returned 26.53% vs 2.47% for XBLC.L. At a 0.22 correlation, their price movements are largely independent. SPYL.DE charges 0.03%/yr vs 0.12%/yr for XBLC.L.
Performance
SPYL.DE vs. XBLC.L - 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 XBLC.L's 1.01% return.
SPYL.DE
- 1D
- -0.15%
- 1M
- 1.89%
- YTD
- 11.37%
- 6M
- 12.70%
- 1Y
- 26.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XBLC.L
- 1D
- 0.27%
- 1M
- 1.30%
- YTD
- 1.01%
- 6M
- 1.22%
- 1Y
- 2.47%
- 3Y*
- 4.76%
- 5Y*
- 0.13%
- 10Y*
- —
SPYL.DE vs. XBLC.L - 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% |
XBLC.L Xtrackers II EUR Corporate Bond UCITS ETF 1C | 1.01% | 2.95% | 4.36% | 5.34% |
Correlation
The correlation between SPYL.DE and XBLC.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2023 | 0.22 |
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Return for Risk
SPYL.DE vs. XBLC.L — Risk / Return Rank
SPYL.DE
XBLC.L
SPYL.DE vs. XBLC.L - 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 Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L). 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 | XBLC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.16 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 0.92 | +2.66 |
| Martin ratioReturn relative to average drawdown | 12.72 | 3.15 | +9.57 |
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Drawdowns
SPYL.DE vs. XBLC.L - Drawdown Comparison
The maximum SPYL.DE drawdown since its inception was -23.27%, which is greater than XBLC.L's maximum drawdown of -17.18%. Use the drawdown chart below to compare losses from any high point for SPYL.DE and XBLC.L.
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Drawdown Indicators
| SPYL.DE | XBLC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.27% | -17.18% | -6.09% |
Max Drawdown (1Y)Largest decline over 1 year | -7.13% | -2.67% | -4.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.67% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.18% | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.60% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -4.49% | +1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 0.78% | +1.23% |
Volatility
SPYL.DE vs. XBLC.L - Volatility Comparison
State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.DE) has a higher volatility of 2.66% compared to Xtrackers II EUR Corporate Bond UCITS ETF 1C (XBLC.L) at 1.08%. This indicates that SPYL.DE's price experiences larger fluctuations and is considered to be riskier than XBLC.L 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 | XBLC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 1.08% | +1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 7.57% | 2.66% | +4.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.52% | 3.01% | +8.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 4.39% | +10.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 4.70% | +9.90% |
SPYL.DE vs. XBLC.L - Expense Ratio Comparison
SPYL.DE has a 0.03% expense ratio, which is lower than XBLC.L's 0.12% 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. XBLC.L - Dividend Comparison
Neither SPYL.DE nor XBLC.L has paid dividends to shareholders.
Frequently Asked Questions
SPYL.DE and XBLC.L have a correlation of 0.31, 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 0.12% for XBLC.L.
SPYL.DE is categorized as S&P 500, while XBLC.L is European Corporate Bonds. SPYL.DE tracks S&P 500 Index, while XBLC.L tracks Bloomberg Euro Corp TR EUR. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.03% for SPYL.DE and 0.12% for XBLC.L.
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