SPYN.DE vs. WDEE.DE
SPYN.DE (SPDR MSCI Europe Energy UCITS ETF) and WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) are both Energy Equities funds - SPYN.DE tracks the MSCI Europe Energy 20/35 Capped while WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Both are passively managed. Over the past 3 years, SPYN.DE returned 17.57%/yr vs 16.13%/yr for WDEE.DE. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.
Performance
SPYN.DE vs. WDEE.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SPYN.DE having a 35.04% return and WDEE.DE slightly lower at 33.31%.
SPYN.DE
- 1D
- -0.92%
- 1M
- -2.45%
- YTD
- 35.04%
- 6M
- 30.84%
- 1Y
- 54.32%
- 3Y*
- 17.57%
- 5Y*
- 19.95%
- 10Y*
- 11.20%
WDEE.DE
- 1D
- 2.19%
- 1M
- -0.24%
- YTD
- 33.31%
- 6M
- 28.72%
- 1Y
- 38.58%
- 3Y*
- 16.13%
- 5Y*
- —
- 10Y*
- —
SPYN.DE vs. WDEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPYN.DE SPDR MSCI Europe Energy UCITS ETF | 35.04% | 14.83% | -5.83% | 4.77% |
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 33.31% | -2.96% | 9.29% | 6.37% |
Correlation
The correlation between SPYN.DE and WDEE.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.82 |
The correlation between SPYN.DE and WDEE.DE has been stable across timeframes, ranging from 0.81 to 0.82 - a consistent structural relationship.
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Return for Risk
SPYN.DE vs. WDEE.DE — Risk / Return Rank
SPYN.DE
WDEE.DE
SPYN.DE vs. WDEE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Energy UCITS ETF (SPYN.DE) and Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.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.
| SPYN.DE | WDEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.31 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.55 | 2.94 | +1.61 |
| Martin ratioReturn relative to average drawdown | 14.57 | 9.51 | +5.06 |
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
| SPYN.DE | WDEE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 1.75 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.69 | -0.39 |
Drawdowns
SPYN.DE vs. WDEE.DE - Drawdown Comparison
The maximum SPYN.DE drawdown since its inception was -58.67%, which is greater than WDEE.DE's maximum drawdown of -23.77%. Use the drawdown chart below to compare losses from any high point for SPYN.DE and WDEE.DE.
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Drawdown Indicators
| SPYN.DE | WDEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.67% | -23.77% | -34.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.89% | -12.42% | +0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -26.54% | -23.77% | -2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -26.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.67% | — | — |
Current DrawdownCurrent decline from peak | -6.51% | -4.37% | -2.14% |
Average DrawdownAverage peak-to-trough decline | -11.42% | -7.19% | -4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 3.85% | -0.13% |
Volatility
SPYN.DE vs. WDEE.DE - Volatility Comparison
The current volatility for SPDR MSCI Europe Energy UCITS ETF (SPYN.DE) is 7.11%, while Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a volatility of 7.54%. This indicates that SPYN.DE experiences smaller price fluctuations and is considered to be less risky than WDEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYN.DE | WDEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | 7.54% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 19.17% | 17.53% | +1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.25% | 20.89% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.69% | 19.94% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.06% | 19.94% | +6.12% |
SPYN.DE vs. WDEE.DE - Expense Ratio Comparison
Both SPYN.DE and WDEE.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SPYN.DE vs. WDEE.DE - Dividend Comparison
Neither SPYN.DE nor WDEE.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYN.DE and WDEE.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPYN.DE and WDEE.DE have the same expense ratio: 0.18% per year.
SPYN.DE tracks MSCI Europe Energy 20/35 Capped, while WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. They also come from different issuers: State Street and Invesco.
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