SPYQ.DE vs. SPY5.DE
SPYQ.DE (SPDR MSCI Europe Industrials UCITS ETF) and SPY5.DE (SPDR S&P 500 UCITS ETF) are both exchange-traded funds - SPYQ.DE is a Industrials Equities fund tracking the MSCI Europe Industrials 20/35 Capped, while SPY5.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, SPYQ.DE returned 12.56%/yr vs 15.13%/yr for SPY5.DE. A 0.68 correlation means they provide meaningful diversification when combined. SPYQ.DE charges 0.18%/yr vs 0.03%/yr for SPY5.DE.
Performance
SPYQ.DE vs. SPY5.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYQ.DE achieves a 8.86% return, which is significantly lower than SPY5.DE's 11.39% return. Over the past 10 years, SPYQ.DE has underperformed SPY5.DE with an annualized return of 12.56%, while SPY5.DE has yielded a comparatively higher 15.13% annualized return.
SPYQ.DE
- 1D
- 0.62%
- 1M
- 0.55%
- YTD
- 8.86%
- 6M
- 11.04%
- 1Y
- 15.68%
- 3Y*
- 19.58%
- 5Y*
- 12.85%
- 10Y*
- 12.56%
SPY5.DE
- 1D
- -0.13%
- 1M
- 5.22%
- YTD
- 11.39%
- 6M
- 11.43%
- 1Y
- 25.61%
- 3Y*
- 18.89%
- 5Y*
- 14.76%
- 10Y*
- 15.13%
SPYQ.DE vs. SPY5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYQ.DE SPDR MSCI Europe Industrials UCITS ETF | 8.86% | 25.52% | 14.36% | 26.68% | -16.54% | 28.05% | 4.02% | 37.55% | -14.12% | 15.52% |
SPY5.DE SPDR S&P 500 UCITS ETF | 11.39% | 4.75% | 32.36% | 22.42% | -14.24% | 40.60% | 6.73% | 34.93% | 0.25% | 6.69% |
Correlation
The correlation between SPYQ.DE and SPY5.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.68 |
The correlation between SPYQ.DE and SPY5.DE shifts across timeframes, from 0.57 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPYQ.DE vs. SPY5.DE — Risk / Return Rank
SPYQ.DE
SPY5.DE
SPYQ.DE vs. SPY5.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 SPDR S&P 500 UCITS ETF (SPY5.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 | SPY5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.41 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 3.57 | -2.38 |
| Martin ratioReturn relative to average drawdown | 4.36 | 12.77 | -8.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPYQ.DE | SPY5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 2.22 | -1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.96 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.93 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.97 | -0.37 |
Drawdowns
SPYQ.DE vs. SPY5.DE - Drawdown Comparison
The maximum SPYQ.DE drawdown since its inception was -41.44%, which is greater than SPY5.DE's maximum drawdown of -33.86%. Use the drawdown chart below to compare losses from any high point for SPYQ.DE and SPY5.DE.
Loading charts...
Drawdown Indicators
| SPYQ.DE | SPY5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.44% | -33.86% | -7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -13.15% | -7.15% | -6.00% |
Max Drawdown (3Y)Largest decline over 3 years | -18.37% | -23.34% | +4.97% |
Max Drawdown (5Y)Largest decline over 5 years | -29.20% | -23.34% | -5.86% |
Max Drawdown (10Y)Largest decline over 10 years | -41.44% | -33.86% | -7.58% |
Current DrawdownCurrent decline from peak | -2.67% | -0.44% | -2.23% |
Average DrawdownAverage peak-to-trough decline | -6.07% | -3.95% | -2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 2.00% | +1.58% |
Volatility
SPYQ.DE vs. SPY5.DE - Volatility Comparison
SPDR MSCI Europe Industrials UCITS ETF (SPYQ.DE) has a higher volatility of 6.29% compared to SPDR S&P 500 UCITS ETF (SPY5.DE) at 2.66%. This indicates that SPYQ.DE's price experiences larger fluctuations and is considered to be riskier than SPY5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYQ.DE | SPY5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 2.66% | +3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 16.51% | 7.54% | +8.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.70% | 11.51% | +8.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.87% | 15.18% | +3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.60% | 16.07% | +3.53% |
SPYQ.DE vs. SPY5.DE - Expense Ratio Comparison
SPYQ.DE has a 0.18% expense ratio, which is higher than SPY5.DE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SPYQ.DE vs. SPY5.DE - Dividend Comparison
SPYQ.DE has not paid dividends to shareholders, while SPY5.DE's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY5.DE SPDR S&P 500 UCITS ETF | 0.89% | 0.99% | 1.03% | 1.22% | 1.42% | 0.95% | 1.37% | 1.74% | 3.30% | 1.59% | 1.57% | 1.69% |
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% |
Frequently Asked Questions
SPYQ.DE and SPY5.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPY5.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPY5.DE is cheaper with a 0.03% expense ratio, compared with 0.18% for SPYQ.DE.
SPYQ.DE is categorized as Industrials Equities, while SPY5.DE is S&P 500. SPYQ.DE tracks MSCI Europe Industrials 20/35 Capped, while SPY5.DE tracks S&P 500 Index. Their fees differ too: 0.18% for SPYQ.DE and 0.03% for SPY5.DE.
Find the right allocation for SPYQ.DE and SPY5.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer