SPYL.L vs. SPYM
Compare and contrast key facts about SPDR S&P 500 UCITS ETF USD Acc (SPYL.L) and State Street SPDR Portfolio S&P 500 ETF (SPYM).
SPYL.L and SPYM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYL.L is a passively managed fund by State Street that tracks the performance of the S&P 500. It was launched on Aug 1, 2025. SPYM is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 8, 2005. Both SPYL.L and SPYM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPYL.L vs. SPYM - Performance Comparison
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SPYL.L vs. SPYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPYL.L SPDR S&P 500 UCITS ETF USD Acc | -6.38% | 17.39% | 25.33% | 14.46% |
SPYM State Street SPDR Portfolio S&P 500 ETF | -4.35% | 17.79% | 25.00% | 14.10% |
Returns By Period
In the year-to-date period, SPYL.L achieves a -6.38% return, which is significantly lower than SPYM's -4.35% return.
SPYL.L
- 1D
- 0.48%
- 1M
- -6.33%
- YTD
- -6.38%
- 6M
- -2.71%
- 1Y
- 17.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPYM
- 1D
- 2.90%
- 1M
- -4.99%
- YTD
- -4.35%
- 6M
- -1.77%
- 1Y
- 17.73%
- 3Y*
- 18.27%
- 5Y*
- 11.77%
- 10Y*
- 14.13%
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SPYL.L vs. SPYM - Expense Ratio Comparison
SPYL.L has a 0.03% expense ratio, which is higher than SPYM's 0.02% 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%.
Return for Risk
SPYL.L vs. SPYM — Risk / Return Rank
SPYL.L
SPYM
SPYL.L vs. SPYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 UCITS ETF USD Acc (SPYL.L) and State Street SPDR Portfolio S&P 500 ETF (SPYM). 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.
| SPYL.L | SPYM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.98 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.56 | 1.49 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 3.13 | 1.53 | +1.59 |
Martin ratioReturn relative to average drawdown | 14.12 | 7.31 | +6.81 |
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
| SPYL.L | SPYM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.98 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.47 | 0.58 | +0.89 |
Correlation
The correlation between SPYL.L and SPYM is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SPYL.L vs. SPYM - Dividend Comparison
SPYL.L has not paid dividends to shareholders, while SPYM's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYL.L SPDR S&P 500 UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYM State Street SPDR Portfolio S&P 500 ETF | 1.16% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% |
Drawdowns
SPYL.L vs. SPYM - Drawdown Comparison
The maximum SPYL.L drawdown since its inception was -18.42%, smaller than the maximum SPYM drawdown of -54.46%. Use the drawdown chart below to compare losses from any high point for SPYL.L and SPYM.
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Drawdown Indicators
| SPYL.L | SPYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.42% | -54.46% | +36.04% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -12.02% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.87% | — |
Current DrawdownCurrent decline from peak | -7.69% | -6.26% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -7.21% | +5.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 2.52% | -0.72% |
Volatility
SPYL.L vs. SPYM - Volatility Comparison
The current volatility for SPDR S&P 500 UCITS ETF USD Acc (SPYL.L) is 4.11%, while State Street SPDR Portfolio S&P 500 ETF (SPYM) has a volatility of 5.28%. This indicates that SPYL.L experiences smaller price fluctuations and is considered to be less risky than SPYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYL.L | SPYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 5.28% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.29% | 9.46% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.77% | 18.24% | -2.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 16.81% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.96% | 17.99% | -4.03% |