SPYQ.DE vs. ^GSPC
Compare and contrast key facts about SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and S&P 500 (^GSPC).
SPYQ.DE is a passively managed fund by State Street that tracks the performance of the MSCI Europe Industrials 20/35 Capped. It was launched on Dec 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYQ.DE or ^GSPC.
Correlation
The correlation between SPYQ.DE and ^GSPC is 0.50, 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.
Performance
SPYQ.DE vs. ^GSPC - Performance Comparison
Key characteristics
SPYQ.DE:
1.64
^GSPC:
1.62
SPYQ.DE:
2.23
^GSPC:
2.20
SPYQ.DE:
1.28
^GSPC:
1.30
SPYQ.DE:
2.44
^GSPC:
2.46
SPYQ.DE:
8.21
^GSPC:
10.01
SPYQ.DE:
2.83%
^GSPC:
2.08%
SPYQ.DE:
14.21%
^GSPC:
12.88%
SPYQ.DE:
-41.44%
^GSPC:
-56.78%
SPYQ.DE:
0.00%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, SPYQ.DE achieves a 8.81% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, SPYQ.DE has underperformed ^GSPC with an annualized return of 9.68%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
SPYQ.DE
8.81%
2.08%
11.80%
18.11%
11.39%
9.68%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
SPYQ.DE vs. ^GSPC — Risk-Adjusted Performance Rank
SPYQ.DE
^GSPC
SPYQ.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and S&P 500 (^GSPC). 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.
Drawdowns
SPYQ.DE vs. ^GSPC - Drawdown Comparison
The maximum SPYQ.DE drawdown since its inception was -41.44%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SPYQ.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SPYQ.DE vs. ^GSPC - Volatility Comparison
SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) has a higher volatility of 4.01% compared to S&P 500 (^GSPC) at 3.43%. This indicates that SPYQ.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.