SPYT.DE vs. OEF
Compare and contrast key facts about SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and iShares S&P 100 ETF (OEF).
SPYT.DE and OEF 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. OEF is a passively managed fund by iShares that tracks the performance of the S&P 100 Index. It was launched on Oct 23, 2000. Both SPYT.DE and OEF 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 OEF.
Key characteristics
| SPYT.DE | OEF | |
|---|---|---|
| YTD Return | 16.34% | 30.88% |
| 1Y Return | 20.61% | 42.43% |
| 3Y Return (Ann) | 6.07% | 11.83% |
| 5Y Return (Ann) | 2.93% | 17.64% |
| 10Y Return (Ann) | 1.31% | 14.29% |
| Sharpe Ratio | 2.20 | 3.09 |
| Sortino Ratio | 3.05 | 4.05 |
| Omega Ratio | 1.39 | 1.57 |
| Calmar Ratio | 0.76 | 4.23 |
| Martin Ratio | 11.96 | 18.83 |
| Ulcer Index | 1.71% | 2.19% |
| Daily Std Dev | 9.32% | 13.34% |
| Max Drawdown | -49.63% | -54.11% |
| Current Drawdown | -11.51% | 0.00% |
Correlation
The correlation between SPYT.DE and OEF is 0.38, 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. OEF - Performance Comparison
In the year-to-date period, SPYT.DE achieves a 16.34% return, which is significantly lower than OEF's 30.88% return. Over the past 10 years, SPYT.DE has underperformed OEF with an annualized return of 1.31%, while OEF has yielded a comparatively higher 14.29% annualized 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. OEF - Expense Ratio Comparison
SPYT.DE has a 0.18% expense ratio, which is lower than OEF's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPYT.DE vs. OEF - 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 iShares S&P 100 ETF (OEF). 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.
Dividends
SPYT.DE vs. OEF - Dividend Comparison
SPYT.DE has not paid dividends to shareholders, while OEF's dividend yield for the trailing twelve months is around 0.99%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYT.DE SPDR MSCI Europe Communication Services 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% |
OEF iShares S&P 100 ETF | 0.99% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% | 1.85% | 1.96% |
Drawdowns
SPYT.DE vs. OEF - Drawdown Comparison
The maximum SPYT.DE drawdown since its inception was -49.63%, smaller than the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for SPYT.DE and OEF. For additional features, visit the drawdowns tool.
Volatility
SPYT.DE vs. OEF - Volatility Comparison
The current volatility for SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) is 3.60%, while iShares S&P 100 ETF (OEF) has a volatility of 4.34%. This indicates that SPYT.DE experiences smaller price fluctuations and is considered to be less risky than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.