SPYM.DE vs. SPYJ.DE
SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) and SPYJ.DE (SPDR Dow Jones Global Real Estate UCITS ETF) are both exchange-traded funds - SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while SPYJ.DE is a REIT fund tracking the Dow Jones Global Select Real Estate Securities. Both are passively managed. Over the past 10 years, SPYM.DE returned 10.32%/yr vs 3.07%/yr for SPYJ.DE. At a 0.45 correlation, their price movements are largely independent. SPYM.DE charges 0.18%/yr vs 0.40%/yr for SPYJ.DE.
Performance
SPYM.DE vs. SPYJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYM.DE achieves a 28.91% return, which is significantly higher than SPYJ.DE's 13.86% return. Over the past 10 years, SPYM.DE has outperformed SPYJ.DE with an annualized return of 10.32%, while SPYJ.DE has yielded a comparatively lower 3.07% annualized return.
SPYM.DE
- 1D
- 0.51%
- 1M
- 2.41%
- YTD
- 28.91%
- 6M
- 30.74%
- 1Y
- 48.17%
- 3Y*
- 22.17%
- 5Y*
- 8.34%
- 10Y*
- 10.32%
SPYJ.DE
- 1D
- -0.27%
- 1M
- 2.98%
- YTD
- 13.86%
- 6M
- 15.17%
- 1Y
- 17.84%
- 3Y*
- 9.23%
- 5Y*
- 2.86%
- 10Y*
- 3.07%
SPYM.DE vs. SPYJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 28.91% | 19.06% | 14.05% | 6.05% | -14.90% | 5.28% | 6.27% | 22.31% | -11.26% | 19.74% |
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF | 13.86% | -2.34% | 4.88% | 7.77% | -20.63% | 41.27% | -18.75% | 22.75% | -2.91% | -4.97% |
Correlation
The correlation between SPYM.DE and SPYJ.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2012 | 0.45 |
Over the past year, the correlation between SPYM.DE and SPYJ.DE has dropped to 0.22 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
SPYM.DE vs. SPYJ.DE — Risk / Return Rank
SPYM.DE
SPYJ.DE
SPYM.DE vs. SPYJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) and SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.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.
| SPYM.DE | SPYJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.27 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 2.56 | +2.06 |
| Martin ratioReturn relative to average drawdown | 15.65 | 8.86 | +6.79 |
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Drawdowns
SPYM.DE vs. SPYJ.DE - Drawdown Comparison
The maximum SPYM.DE drawdown since its inception was -44.83%, roughly equal to the maximum SPYJ.DE drawdown of -42.93%. Use the drawdown chart below to compare losses from any high point for SPYM.DE and SPYJ.DE.
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Drawdown Indicators
| SPYM.DE | SPYJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.83% | -42.93% | -1.90% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -6.95% | -3.43% |
Max Drawdown (3Y)Largest decline over 3 years | -18.95% | -20.28% | +1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -23.86% | -30.70% | +6.84% |
Max Drawdown (10Y)Largest decline over 10 years | -31.69% | -42.93% | +11.24% |
Current DrawdownCurrent decline from peak | -4.14% | -2.82% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -11.16% | -6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 2.01% | +1.06% |
Volatility
SPYM.DE vs. SPYJ.DE - Volatility Comparison
SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a higher volatility of 8.92% compared to SPDR Dow Jones Global Real Estate UCITS ETF (SPYJ.DE) at 4.12%. This indicates that SPYM.DE's price experiences larger fluctuations and is considered to be riskier than SPYJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYM.DE | SPYJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.92% | 4.12% | +4.80% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 8.97% | +8.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 11.66% | +7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.17% | 15.19% | +1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.51% | 16.96% | +1.55% |
SPYM.DE vs. SPYJ.DE - Expense Ratio Comparison
SPYM.DE has a 0.18% expense ratio, which is lower than SPYJ.DE's 0.40% expense ratio.
Dividends
SPYM.DE vs. SPYJ.DE - Dividend Comparison
SPYM.DE has not paid dividends to shareholders, while SPYJ.DE's dividend yield for the trailing twelve months is around 2.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYJ.DE SPDR Dow Jones Global Real Estate UCITS ETF | 2.45% | 2.80% | 2.70% | 2.67% | 2.91% | 1.76% | 2.70% | 2.61% | 2.24% | 2.79% | 2.53% | 2.10% |
SPYM.DE SPDR MSCI Emerging Markets 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
SPYM.DE and SPYJ.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYM.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for SPYJ.DE.
SPYM.DE is categorized as Emerging Markets Equities, while SPYJ.DE is REIT. SPYM.DE tracks MSCI Emerging Markets, while SPYJ.DE tracks Dow Jones Global Select Real Estate Securities. Their fees differ too: 0.18% for SPYM.DE and 0.40% for SPYJ.DE.
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