SPYR.DE vs. DFOP.DE
SPYR.DE (SPDR MSCI Europe Consumer Discretionary UCITS ETF) and DFOP.DE (Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist) are both Consumer Staples Equities funds - SPYR.DE tracks the MSCI Europe Consumer Discretionary 20/35 Capped while DFOP.DE tracks the STOXX® Europe 600 Food & Beverage. Both are passively managed. Over the past 10 years, SPYR.DE returned 4.88%/yr vs 2.50%/yr for DFOP.DE. A 0.57 correlation means they provide meaningful diversification when combined. SPYR.DE charges 0.18%/yr vs 0.30%/yr for DFOP.DE.
Performance
SPYR.DE vs. DFOP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYR.DE achieves a -11.04% return, which is significantly lower than DFOP.DE's -2.24% return. Over the past 10 years, SPYR.DE has outperformed DFOP.DE with an annualized return of 4.88%, while DFOP.DE has yielded a comparatively lower 2.50% annualized return.
SPYR.DE
- 1D
- 0.63%
- 1M
- 7.05%
- YTD
- -11.04%
- 6M
- -10.59%
- 1Y
- -5.58%
- 3Y*
- -2.86%
- 5Y*
- -1.70%
- 10Y*
- 4.88%
DFOP.DE
- 1D
- -0.84%
- 1M
- -1.75%
- YTD
- -2.24%
- 6M
- -2.12%
- 1Y
- -5.84%
- 3Y*
- -1.99%
- 5Y*
- -1.18%
- 10Y*
- 2.50%
SPYR.DE vs. DFOP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYR.DE SPDR MSCI Europe Consumer Discretionary UCITS ETF | -11.04% | 2.47% | 3.29% | 15.35% | -15.95% | 21.86% | 5.93% | 35.34% | -15.45% | 10.29% |
DFOP.DE Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist | -2.24% | 5.99% | -3.88% | -2.06% | -13.09% | 23.08% | -6.16% | 29.47% | -7.36% | 12.34% |
Correlation
The correlation between SPYR.DE and DFOP.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.57 |
Over the past year, the correlation between SPYR.DE and DFOP.DE has dropped to 0.37 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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
SPYR.DE vs. DFOP.DE — Risk / Return Rank
SPYR.DE
DFOP.DE
SPYR.DE vs. DFOP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Consumer Discretionary UCITS ETF (SPYR.DE) and Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist (DFOP.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.
| SPYR.DE | DFOP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.94 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | -0.49 | +0.22 |
| Martin ratioReturn relative to average drawdown | -0.64 | -0.98 | +0.35 |
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
| SPYR.DE | DFOP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.29 | -0.45 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | -0.09 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.18 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.56 | -0.27 |
Drawdowns
SPYR.DE vs. DFOP.DE - Drawdown Comparison
The maximum SPYR.DE drawdown since its inception was -41.59%, which is greater than DFOP.DE's maximum drawdown of -30.33%. Use the drawdown chart below to compare losses from any high point for SPYR.DE and DFOP.DE.
Loading charts...
Drawdown Indicators
| SPYR.DE | DFOP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.59% | -30.33% | -11.26% |
Max Drawdown (1Y)Largest decline over 1 year | -20.59% | -11.83% | -8.76% |
Max Drawdown (3Y)Largest decline over 3 years | -26.58% | -13.58% | -13.00% |
Max Drawdown (5Y)Largest decline over 5 years | -29.92% | -21.98% | -7.94% |
Max Drawdown (10Y)Largest decline over 10 years | -41.59% | -30.33% | -11.26% |
Current DrawdownCurrent decline from peak | -18.77% | -16.70% | -2.07% |
Average DrawdownAverage peak-to-trough decline | -9.33% | -7.05% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.74% | 5.90% | +2.84% |
Volatility
SPYR.DE vs. DFOP.DE - Volatility Comparison
SPDR MSCI Europe Consumer Discretionary UCITS ETF (SPYR.DE) has a higher volatility of 5.71% compared to Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist (DFOP.DE) at 4.63%. This indicates that SPYR.DE's price experiences larger fluctuations and is considered to be riskier than DFOP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYR.DE | DFOP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.71% | 4.63% | +1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 15.42% | 10.46% | +4.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.29% | 12.92% | +6.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.07% | 13.34% | +7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.80% | 14.09% | +6.71% |
SPYR.DE vs. DFOP.DE - Expense Ratio Comparison
SPYR.DE has a 0.18% expense ratio, which is lower than DFOP.DE's 0.30% expense ratio.
Dividends
SPYR.DE vs. DFOP.DE - Dividend Comparison
SPYR.DE has not paid dividends to shareholders, while DFOP.DE's dividend yield for the trailing twelve months is around 1.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DFOP.DE Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist | 1.43% | 1.40% | 1.94% | 1.47% | 2.06% | 1.46% | 2.31% | 1.65% | 2.35% | 0.84% |
SPYR.DE SPDR MSCI Europe Consumer Discretionary UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPYR.DE and DFOP.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYR.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYR.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for DFOP.DE.
SPYR.DE tracks MSCI Europe Consumer Discretionary 20/35 Capped, while DFOP.DE tracks STOXX® Europe 600 Food & Beverage. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.18% for SPYR.DE and 0.30% for DFOP.DE.
Find the right allocation for SPYR.DE and DFOP.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