SPYQ.DE vs. EXV1.DE

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE).

SPYQ.DE and EXV1.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. EXV1.DE is a passively managed fund by iShares that tracks the performance of the STOXX® Europe 600 Banks. It was launched on Apr 25, 2001. Both SPYQ.DE and EXV1.DE 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

SPYQ.DE vs. EXV1.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE). The values are adjusted to include any dividend payments, if applicable.

SPYQ.DE vs. EXV1.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPYQ.DE SPDR MSCI Europe Industrials UCITS ETF	2.35%	25.52%	14.36%	26.68%	-16.54%	28.05%	4.02%	37.55%	-14.12%	15.52%
EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE)	-2.05%	77.02%	32.97%	26.28%	1.84%	37.98%	-24.54%	15.17%	-25.82%	11.63%

Returns By Period

In the year-to-date period, SPYQ.DE achieves a 2.35% return, which is significantly higher than EXV1.DE's -2.05% return. Over the past 10 years, SPYQ.DE has underperformed EXV1.DE with an annualized return of 12.29%, while EXV1.DE has yielded a comparatively higher 13.82% annualized return.

SPYQ.DE

• 1D: 4.26%
• 1M: -6.69%
• YTD: 2.35%
• 6M: 3.45%
• 1Y: 17.25%
• 3Y*: 18.22%
• 5Y*: 12.44%
• 10Y*: 12.29%

EXV1.DE

• 1D: 4.66%
• 1M: -2.70%
• YTD: -2.05%
• 6M: 11.62%
• 1Y: 37.75%
• 3Y*: 40.45%
• 5Y*: 27.91%
• 10Y*: 13.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPYQ.DE vs. EXV1.DE - Expense Ratio Comparison

SPYQ.DE has a 0.18% expense ratio, which is lower than EXV1.DE's 0.47% expense ratio.

EXV1.DE

iShares STOXX Europe 600 Banks UCITS ETF (DE)

SPYQ.DE

SPDR MSCI Europe Industrials UCITS ETF

Return for Risk

SPYQ.DE vs. EXV1.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYQ.DE

SPYQ.DE Risk / Return Rank: 44
SPYQ.DE Sharpe Ratio Rank: 43
SPYQ.DE Sortino Ratio Rank: 42
SPYQ.DE Omega Ratio Rank: 40
SPYQ.DE Calmar Ratio Rank: 47
SPYQ.DE Martin Ratio Rank: 50

EXV1.DE

EXV1.DE Risk / Return Rank: 76
EXV1.DE Sharpe Ratio Rank: 79
EXV1.DE Sortino Ratio Rank: 75
EXV1.DE Omega Ratio Rank: 72
EXV1.DE Calmar Ratio Rank: 81
EXV1.DE Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPYQ.DE vs. EXV1.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.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.

	SPYQ.DE	EXV1.DE	Difference
Sharpe ratio Return per unit of total volatility	0.84	1.53	-0.70
Sortino ratio Return per unit of downside risk	1.24	1.98	-0.74
Omega ratio Gain probability vs. loss probability	1.17	1.28	-0.11
Calmar ratio Return relative to maximum drawdown	1.37	2.38	-1.02
Martin ratio Return relative to average drawdown	5.28	8.39	-3.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPYQ.DE vs. EXV1.DE - Sharpe Ratio Comparison

The current SPYQ.DE Sharpe Ratio is 0.84, which is lower than the EXV1.DE Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of SPYQ.DE and EXV1.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPYQ.DE	EXV1.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	1.53	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	1.22	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.55	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.09	+0.49

Correlation

The correlation between SPYQ.DE and EXV1.DE is 0.69, 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

SPYQ.DE vs. EXV1.DE - Dividend Comparison

SPYQ.DE has not paid dividends to shareholders, while EXV1.DE's dividend yield for the trailing twelve months is around 3.96%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYQ.DE SPDR MSCI Europe Industrials 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%
EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE)	3.96%	3.63%	5.51%	4.53%	6.37%	1.06%	1.52%	4.31%	4.03%	6.01%	3.49%	3.41%

Drawdowns

SPYQ.DE vs. EXV1.DE - Drawdown Comparison

The maximum SPYQ.DE drawdown since its inception was -41.44%, smaller than the maximum EXV1.DE drawdown of -82.30%. Use the drawdown chart below to compare losses from any high point for SPYQ.DE and EXV1.DE.

Drawdown Indicators

	SPYQ.DE	EXV1.DE	Difference
Max Drawdown Largest peak-to-trough decline	-41.44%	-82.30%	+40.86%
Max Drawdown (1Y) Largest decline over 1 year	-13.35%	-17.09%	+3.74%
Max Drawdown (5Y) Largest decline over 5 years	-29.20%	-28.12%	-1.08%
Max Drawdown (10Y) Largest decline over 10 years	-41.44%	-56.14%	+14.70%
Current Drawdown Current decline from peak	-8.10%	-9.61%	+1.51%
Average Drawdown Average peak-to-trough decline	-6.10%	-44.93%	+38.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	4.55%	-1.15%

Volatility

SPYQ.DE vs. EXV1.DE - Volatility Comparison

SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) and iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE) have volatilities of 9.17% and 9.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPYQ.DE	EXV1.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.17%	9.55%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	13.61%	16.40%	-2.79%
Volatility (1Y) Calculated over the trailing 1-year period	20.52%	24.53%	-4.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.40%	22.61%	-4.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.34%	25.10%	-5.76%