SYB3.DE vs. SPYY.DE
SYB3.DE (SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF) and SPYY.DE (SPDR MSCI ACWI UCITS ETF) are both exchange-traded funds - SYB3.DE is a European Government Bonds fund tracking the Bloomberg Euro 1-3 Year Treasury Bond, while SPYY.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 10 years, SYB3.DE returned 0.18%/yr vs 12.40%/yr for SPYY.DE. At a 0.07 correlation, their price movements are largely independent. SYB3.DE charges 0.15%/yr vs 0.40%/yr for SPYY.DE.
Performance
SYB3.DE vs. SPYY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYB3.DE achieves a 0.06% return, which is significantly lower than SPYY.DE's 12.54% return. Over the past 10 years, SYB3.DE has underperformed SPYY.DE with an annualized return of 0.18%, while SPYY.DE has yielded a comparatively higher 12.40% annualized return.
SYB3.DE
- 1D
- 0.04%
- 1M
- 0.25%
- YTD
- 0.06%
- 6M
- 0.13%
- 1Y
- 0.77%
- 3Y*
- 2.60%
- 5Y*
- 0.59%
- 10Y*
- 0.18%
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%
SYB3.DE vs. SPYY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYB3.DE SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF | 0.06% | 2.26% | 2.98% | 3.26% | -4.94% | -0.83% | -0.16% | 0.22% | -0.32% | -0.51% |
SPYY.DE SPDR MSCI ACWI UCITS ETF | 12.54% | 9.46% | 24.56% | 18.22% | -13.82% | 29.11% | 5.12% | 30.21% | -6.02% | 8.80% |
Correlation
The correlation between SYB3.DE and SPYY.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2011 | 0.07 |
The correlation between SYB3.DE and SPYY.DE shifts across timeframes, from 0.05 (5 years) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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
SYB3.DE vs. SPYY.DE — Risk / Return Rank
SYB3.DE
SPYY.DE
SYB3.DE vs. SPYY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF (SYB3.DE) and SPDR MSCI ACWI UCITS ETF (SPYY.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.
| SYB3.DE | SPYY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.44 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 4.10 | -3.50 |
| Martin ratioReturn relative to average drawdown | 1.86 | 16.60 | -14.74 |
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
| SYB3.DE | SPYY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 2.32 | -1.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.88 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.82 | -0.70 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.83 | -0.27 |
Drawdowns
SYB3.DE vs. SPYY.DE - Drawdown Comparison
The maximum SYB3.DE drawdown since its inception was -7.13%, smaller than the maximum SPYY.DE drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for SYB3.DE and SPYY.DE.
Loading charts...
Drawdown Indicators
| SYB3.DE | SPYY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.13% | -33.49% | +26.36% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -6.49% | +5.21% |
Max Drawdown (3Y)Largest decline over 3 years | -1.28% | -21.27% | +19.99% |
Max Drawdown (5Y)Largest decline over 5 years | -5.99% | -21.27% | +15.28% |
Max Drawdown (10Y)Largest decline over 10 years | -7.13% | -33.49% | +26.36% |
Current DrawdownCurrent decline from peak | -0.55% | -0.61% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -1.39% | -4.39% | +3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 1.61% | -1.20% |
Volatility
SYB3.DE vs. SPYY.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF (SYB3.DE) is 0.52%, while SPDR MSCI ACWI UCITS ETF (SPYY.DE) has a volatility of 3.05%. This indicates that SYB3.DE experiences smaller price fluctuations and is considered to be less risky than SPYY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYB3.DE | SPYY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 3.05% | -2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 1.19% | 8.21% | -7.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.34% | 11.47% | -10.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.67% | 13.90% | -12.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.48% | 15.07% | -13.59% |
SYB3.DE vs. SPYY.DE - Expense Ratio Comparison
SYB3.DE has a 0.15% expense ratio, which is lower than SPYY.DE's 0.40% expense ratio.
Dividends
SYB3.DE vs. SPYY.DE - Dividend Comparison
SYB3.DE's dividend yield for the trailing twelve months is around 2.28%, while SPYY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYY.DE SPDR MSCI ACWI 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% |
SYB3.DE SPDR Bloomberg 1-3 Year Euro Government Bond UCITS ETF | 2.28% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.34% |
Frequently Asked Questions
SYB3.DE and SPYY.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYB3.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYB3.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for SPYY.DE.
SYB3.DE is categorized as European Government Bonds, while SPYY.DE is Global Equities. SYB3.DE tracks Bloomberg Euro 1-3 Year Treasury Bond, while SPYY.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.15% for SYB3.DE and 0.40% for SPYY.DE.
Find the right allocation for SYB3.DE and SPYY.DE
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