SXR8.DE vs. SPY5.L
SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) and SPY5.L (State Street SPDR S&P 500 UCITS ETF) are both S&P 500 funds - SXR8.DE tracks the S&P 500 Index while SPY5.L tracks the S&P 500. Both are passively managed. Over the past 10 years, SXR8.DE returned 14.87%/yr vs 14.87%/yr for SPY5.L. Their correlation of 0.91 suggests significant overlap in exposure. SXR8.DE charges 0.07%/yr vs 0.09%/yr for SPY5.L.
Performance
SXR8.DE vs. SPY5.L - Performance Comparison
Loading charts...
Different Trading Currencies
SXR8.DE is traded in EUR, while SPY5.L is traded in USD. To make them comparable, the SPY5.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 SXR8.DE having a 9.96% return and SPY5.L slightly higher at 10.28%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: SXR8.DE at 14.87% and SPY5.L at 14.87%.
SXR8.DE
- 1D
- 1.56%
- 1M
- 0.10%
- YTD
- 9.96%
- 6M
- 11.01%
- 1Y
- 24.90%
- 3Y*
- 17.96%
- 5Y*
- 14.24%
- 10Y*
- 14.87%
SPY5.L
- 1D
- 2.39%
- 1M
- 0.26%
- YTD
- 10.28%
- 6M
- 11.40%
- 1Y
- 24.98%
- 3Y*
- 18.07%
- 5Y*
- 14.31%
- 10Y*
- 14.87%
SXR8.DE vs. SPY5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 9.96% | 4.73% | 32.32% | 22.47% | -14.31% | 40.74% | 6.80% | 34.49% | -1.05% | 6.67% |
SPY5.L State Street SPDR S&P 500 UCITS ETF | 10.28% | 3.49% | 33.64% | 22.84% | -13.64% | 38.95% | 7.83% | 33.37% | -1.02% | 6.64% |
Correlation
The correlation between SXR8.DE and SPY5.L is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2012 | 0.91 |
The correlation between SXR8.DE and SPY5.L has been stable across timeframes, ranging from 0.91 to 0.92 - 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
SXR8.DE vs. SPY5.L — Risk / Return Rank
SXR8.DE
SPY5.L
SXR8.DE vs. SPY5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) and State Street SPDR S&P 500 UCITS ETF (SPY5.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SXR8.DE | SPY5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 3.53 | -0.01 |
| Martin ratioReturn relative to average drawdown | 12.50 | 11.98 | +0.53 |
Loading charts...
Drawdowns
SXR8.DE vs. SPY5.L - Drawdown Comparison
The maximum SXR8.DE drawdown since its inception was -33.78%, roughly equal to the maximum SPY5.L drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for SXR8.DE and SPY5.L.
Loading charts...
Drawdown Indicators
| SXR8.DE | SPY5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.78% | -33.39% | -0.39% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -7.04% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -23.32% | -22.49% | -0.83% |
Max Drawdown (5Y)Largest decline over 5 years | -23.32% | -22.49% | -0.83% |
Max Drawdown (10Y)Largest decline over 10 years | -33.78% | -33.39% | -0.39% |
Current DrawdownCurrent decline from peak | -1.72% | -1.56% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -3.99% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 2.08% | -0.12% |
Volatility
SXR8.DE vs. SPY5.L - Volatility Comparison
The current volatility for iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) is 3.08%, while State Street SPDR S&P 500 UCITS ETF (SPY5.L) has a volatility of 4.20%. This indicates that SXR8.DE experiences smaller price fluctuations and is considered to be less risky than SPY5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SXR8.DE | SPY5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 4.20% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.86% | 9.09% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.78% | 12.68% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 15.95% | -0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 16.69% | -0.61% |
SXR8.DE vs. SPY5.L - Expense Ratio Comparison
SXR8.DE has a 0.07% expense ratio, which is lower than SPY5.L's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SXR8.DE vs. SPY5.L - Dividend Comparison
SXR8.DE has not paid dividends to shareholders, while SPY5.L's dividend yield for the trailing twelve months is around 0.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPY5.L State Street SPDR S&P 500 UCITS ETF | 0.90% | 0.97% | 1.06% | 1.19% | 1.40% | 0.99% | 1.28% | 1.44% | 1.77% | 1.51% | 1.64% | 1.73% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 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
With a correlation of 0.91, SXR8.DE and SPY5.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, SXR8.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXR8.DE is cheaper with a 0.07% expense ratio, compared with 0.09% for SPY5.L.
SXR8.DE tracks S&P 500 Index, while SPY5.L tracks S&P 500. They also come from different issuers: iShares and State Street. Their fees differ too: 0.07% for SXR8.DE and 0.09% for SPY5.L.
Find the right allocation for SXR8.DE and SPY5.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