SPYU.DE vs. SCHD
SPYU.DE (SPDR MSCI Europe Utilities UCITS ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - SPYU.DE is a Utilities Equities fund tracking the MSCI Europe Utilities 20/35 Capped, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, SPYU.DE returned 10.70%/yr vs 12.49%/yr for SCHD. At a 0.30 correlation, their price movements are largely independent. SPYU.DE charges 0.18%/yr vs 0.06%/yr for SCHD.
Performance
SPYU.DE vs. SCHD - Performance Comparison
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Different Trading Currencies
SPYU.DE is traded in EUR, while SCHD is traded in USD. To make them comparable, the SCHD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPYU.DE achieves a 13.06% return, which is significantly lower than SCHD's 21.18% return. Over the past 10 years, SPYU.DE has underperformed SCHD with an annualized return of 10.70%, while SCHD has yielded a comparatively higher 12.49% annualized return.
SPYU.DE
- 1D
- -0.28%
- 1M
- -3.21%
- YTD
- 13.06%
- 6M
- 14.80%
- 1Y
- 27.08%
- 3Y*
- 16.61%
- 5Y*
- 11.82%
- 10Y*
- 10.70%
SCHD
- 1D
- 0.00%
- 1M
- 4.12%
- YTD
- 21.18%
- 6M
- 20.10%
- 1Y
- 27.16%
- 3Y*
- 12.35%
- 5Y*
- 9.51%
- 10Y*
- 12.49%
SPYU.DE vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYU.DE SPDR MSCI Europe Utilities UCITS ETF | 13.06% | 34.39% | 0.99% | 13.57% | -7.97% | 8.80% | 11.01% | 31.91% | 2.41% | 9.05% |
SCHD Schwab U.S. Dividend Equity ETF | 21.08% | -8.04% | 19.03% | 1.41% | 2.74% | 39.59% | 5.55% | 30.17% | -1.13% | 6.00% |
Correlation
The correlation between SPYU.DE and SCHD is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 14, 2013 | 0.30 |
Over the past year, the correlation between SPYU.DE and SCHD has dropped to 0.10 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
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Return for Risk
SPYU.DE vs. SCHD — Risk / Return Rank
SPYU.DE
SCHD
SPYU.DE vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
| SPYU.DE | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 6.57 | -2.98 |
| Martin ratioReturn relative to average drawdown | 10.13 | 15.77 | -5.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPYU.DE | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 2.34 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.65 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.72 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.89 | -0.31 |
Drawdowns
SPYU.DE vs. SCHD - Drawdown Comparison
The maximum SPYU.DE drawdown since its inception was -32.98%, roughly equal to the maximum SCHD drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for SPYU.DE and SCHD.
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Drawdown Indicators
| SPYU.DE | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.98% | -32.28% | -0.70% |
Max Drawdown (1Y)Largest decline over 1 year | -7.43% | -4.15% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -13.44% | -21.40% | +7.96% |
Max Drawdown (5Y)Largest decline over 5 years | -22.28% | -21.40% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -32.98% | -32.28% | -0.70% |
Current DrawdownCurrent decline from peak | -5.24% | -0.85% | -4.39% |
Average DrawdownAverage peak-to-trough decline | -5.63% | -4.43% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 1.73% | +0.90% |
Volatility
SPYU.DE vs. SCHD - Volatility Comparison
SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) has a higher volatility of 5.85% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.76%. This indicates that SPYU.DE's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYU.DE | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.85% | 2.76% | +3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 8.44% | +4.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.86% | 11.67% | +3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.01% | 14.59% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.05% | 17.44% | -0.39% |
SPYU.DE vs. SCHD - Expense Ratio Comparison
SPYU.DE has a 0.18% expense ratio, which is higher than SCHD's 0.06% 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
SPYU.DE vs. SCHD - Dividend Comparison
SPYU.DE has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.27% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
SPYU.DE SPDR MSCI Europe Utilities 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
SPYU.DE and SCHD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.18% for SPYU.DE.
SPYU.DE is categorized as Utilities Equities, while SCHD is Dividend. SPYU.DE tracks MSCI Europe Utilities 20/35 Capped, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: State Street and Charles Schwab. Their fees differ too: 0.18% for SPYU.DE and 0.06% for SCHD.
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