SYBB.DE vs. VETA.L
Compare and contrast key facts about SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L).
SYBB.DE and VETA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SYBB.DE is a passively managed fund by State Street that tracks the performance of the Bloomberg Euro Treasury Bond. It was launched on May 23, 2011. VETA.L is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Euro Agg Govt TR EUR. It was launched on Feb 19, 2019. Both SYBB.DE and VETA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SYBB.DE or VETA.L.
Key characteristics
| SYBB.DE | VETA.L | |
|---|---|---|
| YTD Return | 0.83% | -1.91% |
| 1Y Return | 7.96% | 5.39% |
| 3Y Return (Ann) | -4.46% | -4.77% |
| 5Y Return (Ann) | -2.71% | -3.51% |
| Sharpe Ratio | 1.21 | 0.75 |
| Daily Std Dev | 5.73% | 6.39% |
| Max Drawdown | -22.70% | -26.60% |
| Current Drawdown | -15.17% | -21.72% |
Correlation
The correlation between SYBB.DE and VETA.L is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SYBB.DE vs. VETA.L - Performance Comparison
In the year-to-date period, SYBB.DE achieves a 0.83% return, which is significantly higher than VETA.L's -1.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SYBB.DE vs. VETA.L - Expense Ratio Comparison
SYBB.DE has a 0.10% expense ratio, which is higher than VETA.L's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SYBB.DE vs. VETA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) and Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.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.
Dividends
SYBB.DE vs. VETA.L - Dividend Comparison
SYBB.DE's dividend yield for the trailing twelve months is around 1.45%, while VETA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBB.DE SPDR Bloomberg Euro Government Bond UCITS ETF Dist | 1.45% | 0.76% | 0.18% | 0.08% | 0.28% | 0.59% | 0.66% | 0.73% | 0.82% | 1.26% | 1.87% | 2.51% |
VETA.L Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SYBB.DE vs. VETA.L - Drawdown Comparison
The maximum SYBB.DE drawdown since its inception was -22.70%, smaller than the maximum VETA.L drawdown of -26.60%. Use the drawdown chart below to compare losses from any high point for SYBB.DE and VETA.L. For additional features, visit the drawdowns tool.
Volatility
SYBB.DE vs. VETA.L - Volatility Comparison
The current volatility for SPDR Bloomberg Euro Government Bond UCITS ETF Dist (SYBB.DE) is 2.02%, while Vanguard EUR Eurozone Government Bond UCITS ETF Accumulating (VETA.L) has a volatility of 2.56%. This indicates that SYBB.DE experiences smaller price fluctuations and is considered to be less risky than VETA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.