SYBL.DE vs. SPYM.DE
SYBL.DE (SPDR Bloomberg 15+ Year Gilt UCITS ETF) and SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) are both exchange-traded funds - SYBL.DE is a European Government Bonds fund tracking the Bloomberg UK Gilt 15+, while SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 10 years, SYBL.DE returned -4.51%/yr vs 9.90%/yr for SPYM.DE. At a 0.02 correlation, their price movements are largely independent. SYBL.DE charges 0.15%/yr vs 0.18%/yr for SPYM.DE.
Performance
SYBL.DE vs. SPYM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBL.DE achieves a -3.01% return, which is significantly lower than SPYM.DE's 27.39% return. Over the past 10 years, SYBL.DE has underperformed SPYM.DE with an annualized return of -4.51%, while SPYM.DE has yielded a comparatively higher 9.90% annualized return.
SYBL.DE
- 1D
- 0.30%
- 1M
- 0.76%
- YTD
- -3.01%
- 6M
- -2.76%
- 1Y
- -2.42%
- 3Y*
- -1.08%
- 5Y*
- -10.98%
- 10Y*
- -4.51%
SPYM.DE
- 1D
- -1.63%
- 1M
- 3.70%
- YTD
- 27.39%
- 6M
- 27.92%
- 1Y
- 48.95%
- 3Y*
- 21.15%
- 5Y*
- 8.45%
- 10Y*
- 9.90%
SYBL.DE vs. SPYM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYBL.DE SPDR Bloomberg 15+ Year Gilt UCITS ETF | -3.01% | -1.00% | -6.77% | 3.36% | -43.17% | 0.20% | 6.07% | 17.90% | -1.01% | -0.58% |
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 27.39% | 19.08% | 14.04% | 6.06% | -14.90% | 5.27% | 6.28% | 22.30% | -11.26% | 19.74% |
Correlation
The correlation between SYBL.DE and SPYM.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since May 21, 2012 | 0.02 |
Over the past year, SYBL.DE and SPYM.DE have become more correlated (0.38) than their long-term average of 0.02, meaning their price movements have been converging.
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
SYBL.DE vs. SPYM.DE — Risk / Return Rank
SYBL.DE
SPYM.DE
SYBL.DE vs. SPYM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 15+ Year Gilt UCITS ETF (SYBL.DE) and SPDR MSCI Emerging Markets UCITS ETF (SPYM.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.
| SYBL.DE | SPYM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.97 | ||
| Sortino ratioReturn per unit of downside risk | -3.85 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.50 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | 4.80 | -5.04 |
| Martin ratioReturn relative to average drawdown | -0.57 | 17.28 | -17.85 |
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
| SYBL.DE | SPYM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 2.79 | -2.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.53 | 0.50 | -1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.25 | 0.54 | -0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.34 | -0.41 |
Drawdowns
SYBL.DE vs. SPYM.DE - Drawdown Comparison
The maximum SYBL.DE drawdown since its inception was -57.50%, which is greater than SPYM.DE's maximum drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for SYBL.DE and SPYM.DE.
Loading charts...
Drawdown Indicators
| SYBL.DE | SPYM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.50% | -36.28% | -21.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.35% | -10.38% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -17.73% | -18.96% | +1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -55.48% | -23.86% | -31.62% |
Max Drawdown (10Y)Largest decline over 10 years | -57.50% | -31.69% | -25.81% |
Current DrawdownCurrent decline from peak | -52.83% | -2.74% | -50.09% |
Average DrawdownAverage peak-to-trough decline | -20.87% | -9.95% | -10.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 2.89% | +1.50% |
Volatility
SYBL.DE vs. SPYM.DE - Volatility Comparison
The current volatility for SPDR Bloomberg 15+ Year Gilt UCITS ETF (SYBL.DE) is 5.80%, while SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a volatility of 7.34%. This indicates that SYBL.DE experiences smaller price fluctuations and is considered to be less risky than SPYM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBL.DE | SPYM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 7.34% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 10.48% | 15.16% | -4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.44% | 17.87% | -4.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.69% | 16.78% | +3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 18.40% | -0.71% |
SYBL.DE vs. SPYM.DE - Expense Ratio Comparison
SYBL.DE has a 0.15% expense ratio, which is lower than SPYM.DE's 0.18% 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
SYBL.DE vs. SPYM.DE - Dividend Comparison
SYBL.DE's dividend yield for the trailing twelve months is around 5.11%, while SPYM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets 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% |
SYBL.DE SPDR Bloomberg 15+ Year Gilt UCITS ETF | 5.11% | 4.88% | 4.32% | 2.96% | 1.73% | 0.85% | 1.05% | 1.36% | 1.58% | 1.90% | 2.13% | 2.55% |
Frequently Asked Questions
SYBL.DE and SPYM.DE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBL.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBL.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for SPYM.DE.
SYBL.DE is categorized as European Government Bonds, while SPYM.DE is Emerging Markets Equities. SYBL.DE tracks Bloomberg UK Gilt 15+, while SPYM.DE tracks MSCI Emerging Markets. Their fees differ too: 0.15% for SYBL.DE and 0.18% for SPYM.DE.
Find the right allocation for SYBL.DE and SPYM.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