SPYT.DE vs. ISPY
Compare and contrast key facts about SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and ProShares S&P 500 High Income ETF (ISPY).
SPYT.DE and ISPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYT.DE is a passively managed fund by State Street that tracks the performance of the MSCI Europe Communication Services 20/35 Capped. It was launched on Dec 5, 2014. ISPY is a passively managed fund by ProShares that tracks the performance of the S&P 500 Daily Covered Call Index. It was launched on Dec 18, 2023. Both SPYT.DE and ISPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYT.DE or ISPY.
Key characteristics
| SPYT.DE | ISPY | |
|---|---|---|
| YTD Return | 17.28% | 23.53% |
| Daily Std Dev | 9.27% | 11.38% |
| Max Drawdown | -49.63% | -7.88% |
| Current Drawdown | -10.79% | 0.00% |
Correlation
The correlation between SPYT.DE and ISPY is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPYT.DE vs. ISPY - Performance Comparison
In the year-to-date period, SPYT.DE achieves a 17.28% return, which is significantly lower than ISPY's 23.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPYT.DE vs. ISPY - Expense Ratio Comparison
SPYT.DE has a 0.18% expense ratio, which is lower than ISPY's 0.55% expense ratio.
Risk-Adjusted Performance
SPYT.DE vs. ISPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and ProShares S&P 500 High Income ETF (ISPY). 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.
Not enough dataDividends
SPYT.DE vs. ISPY - Dividend Comparison
SPYT.DE has not paid dividends to shareholders, while ISPY's dividend yield for the trailing twelve months is around 8.42%.
| TTM | |
|---|---|
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 0.00% |
ISPY ProShares S&P 500 High Income ETF | 8.42% |
Drawdowns
SPYT.DE vs. ISPY - Drawdown Comparison
The maximum SPYT.DE drawdown since its inception was -49.63%, which is greater than ISPY's maximum drawdown of -7.88%. Use the drawdown chart below to compare losses from any high point for SPYT.DE and ISPY. For additional features, visit the drawdowns tool.
Volatility
SPYT.DE vs. ISPY - Volatility Comparison
SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) has a higher volatility of 3.61% compared to ProShares S&P 500 High Income ETF (ISPY) at 3.41%. This indicates that SPYT.DE's price experiences larger fluctuations and is considered to be riskier than ISPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.