SPYY.DE vs. VWRP.L
SPYY.DE (SPDR MSCI ACWI UCITS ETF) and VWRP.L (Vanguard FTSE All-World UCITS ETF (USD) Accumulating) are both Global Equities funds - SPYY.DE tracks the MSCI All Country World (ACWI) while VWRP.L tracks the FTSE All-World Index. Both are passively managed. Over the past 5 years, SPYY.DE returned 12.35%/yr vs 12.32%/yr for VWRP.L. Their correlation of 0.92 suggests significant overlap in exposure. SPYY.DE charges 0.40%/yr vs 0.22%/yr for VWRP.L.
Performance
SPYY.DE vs. VWRP.L - Performance Comparison
Loading charts...
Different Trading Currencies
SPYY.DE is traded in EUR, while VWRP.L is traded in GBP. To make them comparable, the VWRP.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with SPYY.DE having a 12.54% return and VWRP.L slightly higher at 12.92%.
SPYY.DE
- 1D
- -0.21%
- 1M
- 4.97%
- YTD
- 12.54%
- 6M
- 13.23%
- 1Y
- 26.75%
- 3Y*
- 17.99%
- 5Y*
- 12.35%
- 10Y*
- 12.40%
VWRP.L
- 1D
- -0.12%
- 1M
- 5.12%
- YTD
- 12.92%
- 6M
- 13.53%
- 1Y
- 26.51%
- 3Y*
- 17.81%
- 5Y*
- 12.32%
- 10Y*
- —
SPYY.DE vs. VWRP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPYY.DE SPDR MSCI ACWI UCITS ETF | 12.54% | 9.46% | 24.56% | 18.22% | -13.82% | 29.11% | 5.12% | 7.55% |
VWRP.L Vanguard FTSE All-World UCITS ETF (USD) Accumulating | 12.92% | 8.00% | 25.37% | 18.09% | -13.13% | 27.81% | 6.17% | 7.65% |
Correlation
The correlation between SPYY.DE and VWRP.L is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019 | 0.92 |
The correlation between SPYY.DE and VWRP.L has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
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
SPYY.DE vs. VWRP.L — Risk / Return Rank
SPYY.DE
VWRP.L
SPYY.DE vs. VWRP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI UCITS ETF (SPYY.DE) and Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L). 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.
| SPYY.DE | VWRP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.45 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 3.95 | +0.15 |
| Martin ratioReturn relative to average drawdown | 16.60 | 16.55 | +0.05 |
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
| SPYY.DE | VWRP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 2.38 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.90 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.80 | +0.02 |
Drawdowns
SPYY.DE vs. VWRP.L - Drawdown Comparison
The maximum SPYY.DE drawdown since its inception was -33.49%, roughly equal to the maximum VWRP.L drawdown of -32.57%. Use the drawdown chart below to compare losses from any high point for SPYY.DE and VWRP.L.
Loading charts...
Drawdown Indicators
| SPYY.DE | VWRP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.49% | -32.57% | -0.92% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -6.69% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -21.27% | -19.97% | -1.30% |
Max Drawdown (5Y)Largest decline over 5 years | -21.27% | -19.97% | -1.30% |
Max Drawdown (10Y)Largest decline over 10 years | -33.49% | — | — |
Current DrawdownCurrent decline from peak | -0.61% | -0.64% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -4.39% | -4.61% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 1.60% | +0.01% |
Volatility
SPYY.DE vs. VWRP.L - Volatility Comparison
SPDR MSCI ACWI UCITS ETF (SPYY.DE) has a higher volatility of 3.05% compared to Vanguard FTSE All-World UCITS ETF (USD) Accumulating (VWRP.L) at 2.79%. This indicates that SPYY.DE's price experiences larger fluctuations and is considered to be riskier than VWRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYY.DE | VWRP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 2.79% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 8.21% | 7.98% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.47% | 11.08% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.90% | 13.66% | +0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.07% | 15.97% | -0.90% |
SPYY.DE vs. VWRP.L - Expense Ratio Comparison
SPYY.DE has a 0.40% expense ratio, which is higher than VWRP.L's 0.22% expense ratio.
Dividends
SPYY.DE vs. VWRP.L - Dividend Comparison
Neither SPYY.DE nor VWRP.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, SPYY.DE and VWRP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VWRP.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWRP.L is cheaper with a 0.22% expense ratio, compared with 0.40% for SPYY.DE.
SPYY.DE tracks MSCI All Country World (ACWI), while VWRP.L tracks FTSE All-World Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.40% for SPYY.DE and 0.22% for VWRP.L.
Find the right allocation for SPYY.DE and VWRP.L
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