SYBD.DE vs. SYBS.DE
SYBD.DE (SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF) and SYBS.DE (SPDR Bloomberg Sterling Corporate Bond UCITS ETF) are both European Corporate Bonds funds from State Street - SYBD.DE tracks the Bloomberg Euro Corporate Bond 0-3 while SYBS.DE tracks the Bloomberg Sterling Corporate Bond. Both are passively managed. Over the past 10 years, SYBD.DE returned 0.91%/yr vs 1.57%/yr for SYBS.DE. At a 0.24 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SYBD.DE vs. SYBS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBD.DE achieves a 0.84% return, which is significantly lower than SYBS.DE's 2.27% return. Over the past 10 years, SYBD.DE has underperformed SYBS.DE with an annualized return of 0.91%, while SYBS.DE has yielded a comparatively higher 1.57% annualized return.
SYBD.DE
- 1D
- 0.00%
- 1M
- 0.23%
- YTD
- 0.84%
- 6M
- 1.41%
- 1Y
- 2.10%
- 3Y*
- 3.81%
- 5Y*
- 1.67%
- 10Y*
- 0.91%
SYBS.DE
- 1D
- 0.13%
- 1M
- 1.74%
- YTD
- 2.27%
- 6M
- 2.80%
- 1Y
- 3.56%
- 3Y*
- 6.45%
- 5Y*
- -0.75%
- 10Y*
- 1.57%
SYBD.DE vs. SYBS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYBD.DE SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF | 0.84% | 2.97% | 4.35% | 4.07% | -3.54% | -0.13% | 0.14% | 0.87% | -0.65% | 0.08% |
SYBS.DE SPDR Bloomberg Sterling Corporate Bond UCITS ETF | 2.27% | 1.99% | 6.20% | 11.12% | -23.36% | 4.01% | 2.32% | 17.50% | -4.05% | 0.65% |
Correlation
The correlation between SYBD.DE and SYBS.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2013 | 0.24 |
The correlation between SYBD.DE and SYBS.DE shifts across timeframes, from 0.24 (all time) to 0.39 (3 years), 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
SYBD.DE vs. SYBS.DE — Risk / Return Rank
SYBD.DE
SYBS.DE
SYBD.DE vs. SYBS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF (SYBD.DE) and SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.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.
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.
| SYBD.DE | SYBS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.09 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 0.91 | +1.33 |
| Martin ratioReturn relative to average drawdown | 8.47 | 2.21 | +6.26 |
Loading charts...
Drawdowns
SYBD.DE vs. SYBS.DE - Drawdown Comparison
The maximum SYBD.DE drawdown since its inception was -8.77%, smaller than the maximum SYBS.DE drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for SYBD.DE and SYBS.DE.
Loading charts...
Drawdown Indicators
| SYBD.DE | SYBS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.77% | -32.65% | +23.88% |
Max Drawdown (1Y)Largest decline over 1 year | -0.93% | -3.90% | +2.97% |
Max Drawdown (3Y)Largest decline over 3 years | -0.93% | -7.54% | +6.61% |
Max Drawdown (5Y)Largest decline over 5 years | -4.98% | -32.65% | +27.67% |
Max Drawdown (10Y)Largest decline over 10 years | -8.77% | -32.65% | +23.88% |
Current DrawdownCurrent decline from peak | -0.13% | -7.25% | +7.12% |
Average DrawdownAverage peak-to-trough decline | -0.71% | -8.21% | +7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 1.49% | -1.24% |
Volatility
SYBD.DE vs. SYBS.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF (SYBD.DE) is 0.82%, while SPDR Bloomberg Sterling Corporate Bond UCITS ETF (SYBS.DE) has a volatility of 1.52%. This indicates that SYBD.DE experiences smaller price fluctuations and is considered to be less risky than SYBS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBD.DE | SYBS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.82% | 1.52% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 2.13% | 5.52% | -3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.26% | 6.93% | -4.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.99% | 9.54% | -7.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.01% | 9.63% | -6.62% |
SYBD.DE vs. SYBS.DE - Expense Ratio Comparison
Both SYBD.DE and SYBS.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SYBD.DE vs. SYBS.DE - Dividend Comparison
SYBD.DE's dividend yield for the trailing twelve months is around 2.95%, less than SYBS.DE's 4.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBD.DE SPDR Bloomberg 0-3 Year Corporate Bond UCITS ETF | 2.95% | 3.05% | 2.59% | 1.27% | 0.19% | 0.30% | 0.24% | 0.17% | 0.11% | 0.28% | 0.50% | 0.72% |
SYBS.DE SPDR Bloomberg Sterling Corporate Bond UCITS ETF | 4.53% | 4.50% | 4.01% | 3.29% | 2.96% | 2.21% | 2.49% | 2.40% | 2.75% | 3.14% | 3.40% | 3.54% |
Frequently Asked Questions
SYBD.DE and SYBS.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SYBD.DE and SYBS.DE have the same expense ratio: 0.20% per year.
SYBD.DE tracks Bloomberg Euro Corporate Bond 0-3, while SYBS.DE tracks Bloomberg Sterling Corporate Bond.
Find the right allocation for SYBD.DE and SYBS.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