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SXR7.DE vs. ^GSPC
Performance
Return for Risk
Drawdowns
Volatility

SXR7.DE vs. ^GSPC

Last updated Jun 5, 2026

SXR7.DE (iShares Core MSCI EMU UCITS ETF EUR (Acc)) is Europe Equities fund tracking the MSCI EMU, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, SXR7.DE returned 10.03%/yr vs 13.40%/yr for ^GSPC. At a 0.45 correlation, their price movements are largely independent.

Performance

SXR7.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core MSCI EMU UCITS ETF EUR (Acc) (SXR7.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SXR7.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SXR7.DE achieves a 8.77% return, which is significantly lower than ^GSPC's 12.06% return. Over the past 10 years, SXR7.DE has underperformed ^GSPC with an annualized return of 10.03%, while ^GSPC has yielded a comparatively higher 13.40% annualized return.

SXR7.DE

1D
0.57%
1M
4.64%
YTD
8.77%
6M
10.72%
1Y
18.02%
3Y*
16.10%
5Y*
10.63%
10Y*
10.03%

^GSPC

1D
0.27%
1M
5.17%
YTD
12.06%
6M
10.90%
1Y
24.89%
3Y*
17.85%
5Y*
13.43%
10Y*
13.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SXR7.DE vs. ^GSPC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SXR7.DE
iShares Core MSCI EMU UCITS ETF EUR (Acc)		8.77%24.84%9.37%18.88%-11.80%22.25%-0.64%27.60%-13.03%12.98%
^GSPC
S&P 500 Index		12.06%2.58%31.45%20.51%-14.45%36.38%6.68%31.79%-1.84%4.74%

Correlation

The correlation between SXR7.DE and ^GSPC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.48

Correlation (3Y)
Calculated over the trailing 3-year period

0.34

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (10Y)
Calculated over the trailing 10-year period

0.44

Correlation (All Time)
Calculated using the full available price history since Mar 12, 2010

0.45

The correlation between SXR7.DE and ^GSPC shifts across timeframes, from 0.34 (3 years) to 0.48 (1 year), reflecting how their relationship changes across market environments.

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iShares Core MSCI EMU UCITS ETF EUR (Acc)

S&P 500 Index

Often compared with SXR7.DE:
SXR7.DE vs. SXRT.DESXR7.DE vs. SXRU.DESXR7.DE vs. MWMIXSXR7.DE vs. SXRG.DESXR7.DE vs. CSUS.ASSXR7.DE vs. ZPRE.DESXR7.DE vs. QDVE.DE
Often compared with ^GSPC:
^GSPC vs. ^IBEX^GSPC vs. AVGO^GSPC vs. SCHD^GSPC vs. GC=F^GSPC vs. TSMU^GSPC vs. QQQ^GSPC vs. ACWI

Return for Risk

SXR7.DE vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SXR7.DE
SXR7.DE Risk / Return Rank: 3737
Overall Rank
SXR7.DE Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
SXR7.DE Sortino Ratio Rank: 3636
Sortino Ratio Rank
SXR7.DE Omega Ratio Rank: 3535
Omega Ratio Rank
SXR7.DE Calmar Ratio Rank: 3636
Calmar Ratio Rank
SXR7.DE Martin Ratio Rank: 4141
Martin Ratio Rank
^GSPC
^GSPC Risk / Return Rank: 8080
Overall Rank
^GSPC Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
^GSPC Sortino Ratio Rank: 7979
Sortino Ratio Rank
^GSPC Omega Ratio Rank: 7979
Omega Ratio Rank
^GSPC Calmar Ratio Rank: 7676
Calmar Ratio Rank
^GSPC Martin Ratio Rank: 8686
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SXR7.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI EMU UCITS ETF EUR (Acc) (SXR7.DE) and S&P 500 Index (^GSPC). 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.

SXR7.DE^GSPCDifference
Sharpe ratioReturn per unit of total volatility
1.23
2.04

-0.80

Sortino ratioReturn per unit of downside risk
1.87
2.65

-0.78

Omega ratioGain probability vs. loss probability

1.23

1.37

-0.14

Calmar ratioReturn relative to maximum drawdown

1.76

3.30

-1.55

Martin ratioReturn relative to average drawdown

6.42

12.34

-5.92

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SXR7.DE vs. ^GSPC - Sharpe Ratio Comparison

The current SXR7.DE Sharpe Ratio is 1.23, which is lower than the ^GSPC Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of SXR7.DE and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SXR7.DE^GSPCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.23

2.04

-0.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.80

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.59

0.72

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.51

-0.05

Drawdowns

SXR7.DE vs. ^GSPC - Drawdown Comparison

The maximum SXR7.DE drawdown since its inception was -38.17%, smaller than the maximum ^GSPC drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for SXR7.DE and ^GSPC.

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Drawdown Indicators

SXR7.DE^GSPCDifference

Max Drawdown

Largest peak-to-trough decline

-38.17%

-51.62%

+13.45%

Max Drawdown (1Y)

Largest decline over 1 year

-10.21%

-7.57%

-2.64%

Max Drawdown (3Y)

Largest decline over 3 years

-15.12%

-23.99%

+8.87%

Max Drawdown (5Y)

Largest decline over 5 years

-24.49%

-23.99%

-0.50%

Max Drawdown (10Y)

Largest decline over 10 years

-38.17%

-33.42%

-4.75%

Current Drawdown

Current decline from peak

-0.50%

-0.20%

-0.30%

Average Drawdown

Average peak-to-trough decline

-6.65%

-9.08%

+2.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.80%

2.02%

+0.78%

Volatility

SXR7.DE vs. ^GSPC - Volatility Comparison

iShares Core MSCI EMU UCITS ETF EUR (Acc) (SXR7.DE) has a higher volatility of 4.57% compared to S&P 500 Index (^GSPC) at 2.24%. This indicates that SXR7.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SXR7.DE^GSPCDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.57%

2.24%

+2.33%

Volatility (6M)

Calculated over the trailing 6-month period

11.91%

8.62%

+3.29%

Volatility (1Y)

Calculated over the trailing 1-year period

14.55%

12.29%

+2.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.17%

16.79%

-0.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.02%

18.59%

-1.57%

Frequently Asked Questions

SXR7.DE and ^GSPC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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