SPYT.DE vs. SPPW.DE
SPYT.DE (SPDR MSCI Europe Communication Services UCITS ETF) and SPPW.DE (SPDR MSCI World UCITS ETF) are both exchange-traded funds - SPYT.DE is a Communications Equities fund tracking the MSCI Europe Communication Services 20/35 Capped, while SPPW.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 5 years, SPYT.DE returned 5.43%/yr vs 13.03%/yr for SPPW.DE. A 0.57 correlation means they provide meaningful diversification when combined. SPYT.DE charges 0.18%/yr vs 0.12%/yr for SPPW.DE.
Performance
SPYT.DE vs. SPPW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYT.DE achieves a 3.11% return, which is significantly lower than SPPW.DE's 10.85% return.
SPYT.DE
- 1D
- -0.08%
- 1M
- 1.71%
- YTD
- 3.11%
- 6M
- 4.73%
- 1Y
- -8.46%
- 3Y*
- 10.29%
- 5Y*
- 5.43%
- 10Y*
- 1.47%
SPPW.DE
- 1D
- -0.31%
- 1M
- 3.71%
- YTD
- 10.85%
- 6M
- 10.95%
- 1Y
- 23.79%
- 3Y*
- 17.79%
- 5Y*
- 13.03%
- 10Y*
- —
SPYT.DE vs. SPPW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPYT.DE SPDR MSCI Europe Communication Services UCITS ETF | 3.11% | 7.33% | 14.79% | 14.90% | -11.90% | 13.68% | -12.90% | 5.81% |
SPPW.DE SPDR MSCI World UCITS ETF | 10.85% | 8.03% | 26.09% | 20.25% | -13.28% | 32.66% | 5.27% | 17.24% |
Correlation
The correlation between SPYT.DE and SPPW.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2019 | 0.57 |
Over the past year, the correlation between SPYT.DE and SPPW.DE has dropped to 0.31 - 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
SPYT.DE vs. SPPW.DE — Risk / Return Rank
SPYT.DE
SPPW.DE
SPYT.DE vs. SPPW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) and SPDR MSCI World UCITS ETF (SPPW.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.
| SPYT.DE | SPPW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.73 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.40 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 3.66 | -4.18 |
| Martin ratioReturn relative to average drawdown | -0.97 | 14.69 | -15.66 |
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
| SPYT.DE | SPPW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | 2.16 | -2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.92 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.86 | -0.63 |
Drawdowns
SPYT.DE vs. SPPW.DE - Drawdown Comparison
The maximum SPYT.DE drawdown since its inception was -49.63%, which is greater than SPPW.DE's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for SPYT.DE and SPPW.DE.
Loading charts...
Drawdown Indicators
| SPYT.DE | SPPW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.63% | -33.69% | -15.94% |
Max Drawdown (1Y)Largest decline over 1 year | -14.65% | -6.51% | -8.14% |
Max Drawdown (3Y)Largest decline over 3 years | -14.98% | -21.62% | +6.64% |
Max Drawdown (5Y)Largest decline over 5 years | -20.35% | -21.62% | +1.27% |
Max Drawdown (10Y)Largest decline over 10 years | -40.06% | — | — |
Current DrawdownCurrent decline from peak | -8.46% | -0.31% | -8.15% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -4.43% | -14.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 1.63% | +6.02% |
Volatility
SPYT.DE vs. SPPW.DE - Volatility Comparison
SPDR MSCI Europe Communication Services UCITS ETF (SPYT.DE) has a higher volatility of 4.21% compared to SPDR MSCI World UCITS ETF (SPPW.DE) at 2.70%. This indicates that SPYT.DE's price experiences larger fluctuations and is considered to be riskier than SPPW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYT.DE | SPPW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 2.70% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 10.43% | 7.62% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 11.11% | +2.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 14.06% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 16.08% | -0.41% |
SPYT.DE vs. SPPW.DE - Expense Ratio Comparison
SPYT.DE has a 0.18% expense ratio, which is higher than SPPW.DE's 0.12% 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
SPYT.DE vs. SPPW.DE - Dividend Comparison
Neither SPYT.DE nor SPPW.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYT.DE and SPPW.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPW.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPW.DE is cheaper with a 0.12% expense ratio, compared with 0.18% for SPYT.DE.
SPYT.DE is categorized as Communications Equities, while SPPW.DE is Global Equities. SPYT.DE tracks MSCI Europe Communication Services 20/35 Capped, while SPPW.DE tracks MSCI World. Their fees differ too: 0.18% for SPYT.DE and 0.12% for SPPW.DE.
Find the right allocation for SPYT.DE and SPPW.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