SPYP.DE vs. EXV7.DE
SPYP.DE (SPDR MSCI Europe Materials UCITS ETF) and EXV7.DE (iShares STOXX Europe 600 Chemicals UCITS ETF (DE)) are both Industrials Equities funds - SPYP.DE tracks the MSCI Europe Materials 20/35 Capped while EXV7.DE tracks the STOXX® Europe 600 Chemicals. Both are passively managed. Over the past 10 years, SPYP.DE returned 11.05%/yr vs 6.87%/yr for EXV7.DE. Their correlation of 0.81 suggests significant overlap in exposure. SPYP.DE charges 0.18%/yr vs 0.46%/yr for EXV7.DE.
Performance
SPYP.DE vs. EXV7.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYP.DE achieves a 17.42% return, which is significantly higher than EXV7.DE's 11.18% return. Over the past 10 years, SPYP.DE has outperformed EXV7.DE with an annualized return of 11.05%, while EXV7.DE has yielded a comparatively lower 6.87% annualized return.
SPYP.DE
- 1D
- -0.40%
- 1M
- 5.89%
- YTD
- 17.42%
- 6M
- 21.88%
- 1Y
- 25.97%
- 3Y*
- 12.38%
- 5Y*
- 6.68%
- 10Y*
- 11.05%
EXV7.DE
- 1D
- 0.18%
- 1M
- 1.13%
- YTD
- 11.18%
- 6M
- 12.26%
- 1Y
- -3.30%
- 3Y*
- 2.47%
- 5Y*
- 1.52%
- 10Y*
- 6.87%
SPYP.DE vs. EXV7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYP.DE SPDR MSCI Europe Materials UCITS ETF | 17.42% | 13.01% | -3.09% | 12.36% | -9.22% | 24.42% | 9.86% | 27.43% | -14.57% | 18.99% |
EXV7.DE iShares STOXX Europe 600 Chemicals UCITS ETF (DE) | 11.18% | -4.03% | -7.26% | 16.14% | -14.55% | 24.35% | 10.50% | 31.94% | -14.36% | 12.83% |
Correlation
The correlation between SPYP.DE and EXV7.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.81 |
The correlation between SPYP.DE and EXV7.DE shifts across timeframes, from 0.71 (1 year) to 0.82 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SPYP.DE vs. EXV7.DE — Risk / Return Rank
SPYP.DE
EXV7.DE
SPYP.DE vs. EXV7.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Materials UCITS ETF (SPYP.DE) and iShares STOXX Europe 600 Chemicals UCITS ETF (DE) (EXV7.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.
| SPYP.DE | EXV7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.73 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.98 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | -0.21 | +2.19 |
| Martin ratioReturn relative to average drawdown | 7.94 | -0.35 | +8.29 |
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
| SPYP.DE | EXV7.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | -0.21 | +1.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.09 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.39 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.45 | -0.03 |
Drawdowns
SPYP.DE vs. EXV7.DE - Drawdown Comparison
The maximum SPYP.DE drawdown since its inception was -36.99%, smaller than the maximum EXV7.DE drawdown of -49.31%. Use the drawdown chart below to compare losses from any high point for SPYP.DE and EXV7.DE.
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Drawdown Indicators
| SPYP.DE | EXV7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.99% | -49.31% | +12.32% |
Max Drawdown (1Y)Largest decline over 1 year | -13.07% | -15.47% | +2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -20.69% | -18.31% | -2.38% |
Max Drawdown (5Y)Largest decline over 5 years | -22.63% | -24.77% | +2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -35.40% | -31.38% | -4.02% |
Current DrawdownCurrent decline from peak | -1.54% | -7.08% | +5.54% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -8.46% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 9.51% | -6.25% |
Volatility
SPYP.DE vs. EXV7.DE - Volatility Comparison
SPDR MSCI Europe Materials UCITS ETF (SPYP.DE) has a higher volatility of 6.50% compared to iShares STOXX Europe 600 Chemicals UCITS ETF (DE) (EXV7.DE) at 3.84%. This indicates that SPYP.DE's price experiences larger fluctuations and is considered to be riskier than EXV7.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYP.DE | EXV7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 3.84% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 14.33% | 11.79% | +2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.04% | 15.43% | +1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.94% | 16.76% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.34% | 17.44% | +1.90% |
SPYP.DE vs. EXV7.DE - Expense Ratio Comparison
SPYP.DE has a 0.18% expense ratio, which is lower than EXV7.DE's 0.46% expense ratio.
Dividends
SPYP.DE vs. EXV7.DE - Dividend Comparison
SPYP.DE has not paid dividends to shareholders, while EXV7.DE's dividend yield for the trailing twelve months is around 1.95%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXV7.DE iShares STOXX Europe 600 Chemicals UCITS ETF (DE) | 1.95% | 2.17% | 2.07% | 2.46% | 2.15% | 1.35% | 1.51% | 2.03% | 2.33% | 1.96% | 2.71% | 2.69% |
SPYP.DE SPDR MSCI Europe Materials 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
SPYP.DE and EXV7.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYP.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYP.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for EXV7.DE.
SPYP.DE tracks MSCI Europe Materials 20/35 Capped, while EXV7.DE tracks STOXX® Europe 600 Chemicals. They also come from different issuers: State Street and iShares. Their fees differ too: 0.18% for SPYP.DE and 0.46% for EXV7.DE.
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