SYBK.DE vs. SPPW.DE
SYBK.DE (SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist)) and SPPW.DE (SPDR MSCI World UCITS ETF) are both exchange-traded funds - SYBK.DE is a High Yield Bonds fund tracking the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select, while SPPW.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 5 years, SYBK.DE returned 5.13%/yr vs 13.03%/yr for SPPW.DE. At a 0.46 correlation, their price movements are largely independent. SYBK.DE charges 0.30%/yr vs 0.12%/yr for SPPW.DE.
Performance
SYBK.DE vs. SPPW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYBK.DE achieves a 2.75% return, which is significantly lower than SPPW.DE's 10.85% return.
SYBK.DE
- 1D
- 0.05%
- 1M
- 1.49%
- YTD
- 2.75%
- 6M
- 1.90%
- 1Y
- 4.67%
- 3Y*
- 6.03%
- 5Y*
- 5.13%
- 10Y*
- 4.73%
SPPW.DE
- 1D
- -0.31%
- 1M
- 3.71%
- YTD
- 10.85%
- 6M
- 10.95%
- 1Y
- 23.79%
- 3Y*
- 17.79%
- 5Y*
- 13.03%
- 10Y*
- —
SYBK.DE vs. SPPW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 2.75% | -4.18% | 15.91% | 8.73% | -5.33% | 13.84% | -4.47% | 5.94% |
SPPW.DE SPDR MSCI World UCITS ETF | 10.85% | 8.03% | 26.09% | 20.25% | -13.28% | 32.66% | 5.27% | 17.24% |
Correlation
The correlation between SYBK.DE and SPPW.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2019 | 0.46 |
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Return for Risk
SYBK.DE vs. SPPW.DE — Risk / Return Rank
SYBK.DE
SPPW.DE
SYBK.DE vs. SPPW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.DE) and SPDR MSCI World UCITS ETF (SPPW.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.
| SYBK.DE | SPPW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.40 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 3.66 | -2.22 |
| Martin ratioReturn relative to average drawdown | 3.91 | 14.69 | -10.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SYBK.DE | SPPW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 2.16 | -1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.92 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.86 | -0.25 |
Drawdowns
SYBK.DE vs. SPPW.DE - Drawdown Comparison
The maximum SYBK.DE drawdown since its inception was -19.71%, smaller than the maximum SPPW.DE drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for SYBK.DE and SPPW.DE.
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Drawdown Indicators
| SYBK.DE | SPPW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.71% | -33.69% | +13.98% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -6.51% | +3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | -21.62% | +8.78% |
Max Drawdown (5Y)Largest decline over 5 years | -12.84% | -21.62% | +8.78% |
Max Drawdown (10Y)Largest decline over 10 years | -19.71% | — | — |
Current DrawdownCurrent decline from peak | -4.42% | -0.31% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -4.26% | -4.43% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 1.63% | -0.46% |
Volatility
SYBK.DE vs. SPPW.DE - Volatility Comparison
The current volatility for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.DE) is 1.31%, while SPDR MSCI World UCITS ETF (SPPW.DE) has a volatility of 2.70%. This indicates that SYBK.DE experiences smaller price fluctuations and is considered to be less risky than SPPW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYBK.DE | SPPW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.31% | 2.70% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 7.62% | -3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.95% | 11.11% | -5.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.26% | 14.06% | -5.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.44% | 16.08% | -7.64% |
SYBK.DE vs. SPPW.DE - Expense Ratio Comparison
SYBK.DE has a 0.30% expense ratio, which is higher than SPPW.DE's 0.12% expense ratio.
Dividends
SYBK.DE vs. SPPW.DE - Dividend Comparison
SYBK.DE's dividend yield for the trailing twelve months is around 7.17%, while SPPW.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPPW.DE SPDR MSCI World 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% |
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 7.17% | 7.68% | 6.96% | 6.73% | 5.79% | 5.11% | 6.01% | 5.54% | 5.04% | 6.51% | 5.30% | 5.35% |
Frequently Asked Questions
SYBK.DE and SPPW.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPW.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPW.DE is cheaper with a 0.12% expense ratio, compared with 0.30% for SYBK.DE.
SYBK.DE is categorized as High Yield Bonds, while SPPW.DE is Global Equities. SYBK.DE tracks Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select, while SPPW.DE tracks MSCI World. Their fees differ too: 0.30% for SYBK.DE and 0.12% for SPPW.DE.
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