SPYV.DE vs. LEER.DE
SPYV.DE (SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist)) and LEER.DE (Amundi MSCI Eastern Europe Ex Russia UCITS ETF) are both Emerging Markets Equities funds - SPYV.DE tracks the S&P Emerging Markets High Yield Dividend Aristocrats while LEER.DE tracks the MSCI Emerging Markets Eastern Europe ex Russia Index. Both are passively managed. Over the past 10 years, SPYV.DE returned 6.23%/yr vs 10.92%/yr for LEER.DE. A 0.52 correlation means they provide meaningful diversification when combined. SPYV.DE charges 0.55%/yr vs 0.50%/yr for LEER.DE.
Performance
SPYV.DE vs. LEER.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SPYV.DE achieves a 5.71% return, which is significantly lower than LEER.DE's 18.03% return. Over the past 10 years, SPYV.DE has underperformed LEER.DE with an annualized return of 6.23%, while LEER.DE has yielded a comparatively higher 10.92% annualized return.
SPYV.DE
- 1D
- -0.23%
- 1M
- -1.55%
- YTD
- 5.71%
- 6M
- 4.21%
- 1Y
- 10.75%
- 3Y*
- 9.94%
- 5Y*
- 6.00%
- 10Y*
- 6.23%
LEER.DE
- 1D
- 0.66%
- 1M
- 4.22%
- YTD
- 18.03%
- 6M
- 25.17%
- 1Y
- 42.24%
- 3Y*
- 31.18%
- 5Y*
- 16.61%
- 10Y*
- 10.92%
SPYV.DE vs. LEER.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) | 5.71% | 6.33% | 21.05% | 1.39% | -2.70% | 6.51% | -11.03% | 15.10% | -2.00% | 11.76% |
LEER.DE Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 18.03% | 53.92% | 4.11% | 41.71% | -21.16% | 20.40% | -18.41% | 1.33% | -8.39% | 30.82% |
Correlation
The correlation between SPYV.DE and LEER.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.52 |
The correlation between SPYV.DE and LEER.DE shifts across timeframes, from 0.39 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SPYV.DE vs. LEER.DE — Risk / Return Rank
SPYV.DE
LEER.DE
SPYV.DE vs. LEER.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE) and Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.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.
| SPYV.DE | LEER.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 4.24 | -2.92 |
| Martin ratioReturn relative to average drawdown | 3.29 | 11.61 | -8.32 |
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
| SPYV.DE | LEER.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 2.00 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.71 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.50 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.12 | +0.06 |
Drawdowns
SPYV.DE vs. LEER.DE - Drawdown Comparison
The maximum SPYV.DE drawdown since its inception was -43.79%, smaller than the maximum LEER.DE drawdown of -72.16%. Use the drawdown chart below to compare losses from any high point for SPYV.DE and LEER.DE.
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Drawdown Indicators
| SPYV.DE | LEER.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.79% | -72.16% | +28.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.15% | -9.92% | +1.77% |
Max Drawdown (3Y)Largest decline over 3 years | -16.93% | -15.85% | -1.08% |
Max Drawdown (5Y)Largest decline over 5 years | -17.58% | -43.49% | +25.91% |
Max Drawdown (10Y)Largest decline over 10 years | -38.19% | -48.74% | +10.55% |
Current DrawdownCurrent decline from peak | -5.09% | -0.84% | -4.25% |
Average DrawdownAverage peak-to-trough decline | -12.48% | -33.44% | +20.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 3.63% | -0.37% |
Volatility
SPYV.DE vs. LEER.DE - Volatility Comparison
The current volatility for SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE) is 3.51%, while Amundi MSCI Eastern Europe Ex Russia UCITS ETF (LEER.DE) has a volatility of 6.19%. This indicates that SPYV.DE experiences smaller price fluctuations and is considered to be less risky than LEER.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPYV.DE | LEER.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 6.19% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 8.37% | 16.81% | -8.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.72% | 21.00% | -9.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.03% | 23.00% | -7.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 21.97% | -4.61% |
SPYV.DE vs. LEER.DE - Expense Ratio Comparison
SPYV.DE has a 0.55% expense ratio, which is higher than LEER.DE's 0.50% expense ratio.
Dividends
SPYV.DE vs. LEER.DE - Dividend Comparison
SPYV.DE's dividend yield for the trailing twelve months is around 3.83%, while LEER.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEER.DE Amundi MSCI Eastern Europe Ex Russia 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% |
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) | 3.83% | 3.96% | 4.01% | 4.96% | 4.71% | 3.21% | 3.29% | 3.59% | 3.58% | 2.96% | 4.34% | 5.98% |
Frequently Asked Questions
SPYV.DE and LEER.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LEER.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LEER.DE is cheaper with a 0.50% expense ratio, compared with 0.55% for SPYV.DE.
SPYV.DE tracks S&P Emerging Markets High Yield Dividend Aristocrats, while LEER.DE tracks MSCI Emerging Markets Eastern Europe ex Russia Index. They also come from different issuers: State Street and Amundi. Their fees differ too: 0.55% for SPYV.DE and 0.50% for LEER.DE.
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