SYBM.DE vs. SPPY.DE
SYBM.DE (SPDR Bloomberg Emerging Markets Local Bond UCITS ETF) and SPPY.DE (State Street SPDR S&P 500 Leaders UCITS ETF) are both exchange-traded funds - SYBM.DE is a Emerging Markets Bonds fund tracking the Bloomberg Emerging Markets Local Currency Liquid Government Bond, while SPPY.DE is a S&P 500 fund tracking the S&P 500 Scored & Screened Leaders Index. Both are passively managed. Over the past 5 years, SYBM.DE returned 1.45%/yr vs 15.63%/yr for SPPY.DE. At a 0.37 correlation, their price movements are largely independent. SYBM.DE charges 0.55%/yr vs 0.10%/yr for SPPY.DE.
Performance
SYBM.DE vs. SPPY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBM.DE achieves a 0.49% return, which is significantly lower than SPPY.DE's 11.08% return.
SYBM.DE
- 1D
- -0.05%
- 1M
- 0.37%
- YTD
- 0.49%
- 6M
- 0.35%
- 1Y
- 3.38%
- 3Y*
- 2.54%
- 5Y*
- 1.45%
- 10Y*
- 1.75%
SPPY.DE
- 1D
- 0.58%
- 1M
- 5.11%
- YTD
- 11.08%
- 6M
- 11.71%
- 1Y
- 28.37%
- 3Y*
- 18.87%
- 5Y*
- 15.63%
- 10Y*
- —
SYBM.DE vs. SPPY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SYBM.DE SPDR Bloomberg Emerging Markets Local Bond UCITS ETF | 0.49% | 2.47% | 3.13% | 5.78% | -4.57% | -0.95% | -5.71% | 1.99% |
SPPY.DE State Street SPDR S&P 500 Leaders UCITS ETF | 11.08% | 4.44% | 32.87% | 26.92% | -14.47% | 41.09% | 8.04% | 4.57% |
Correlation
The correlation between SYBM.DE and SPPY.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019 | 0.37 |
Over the past year, SYBM.DE and SPPY.DE have become more correlated (0.59) than their long-term average of 0.37, 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
SYBM.DE vs. SPPY.DE — Risk / Return Rank
SYBM.DE
SPPY.DE
SYBM.DE vs. SPPY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Emerging Markets Local Bond UCITS ETF (SYBM.DE) and State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.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.
| SYBM.DE | SPPY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.44 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 4.21 | -3.34 |
| Martin ratioReturn relative to average drawdown | 2.69 | 16.03 | -13.34 |
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
| SYBM.DE | SPPY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 2.43 | -1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 1.00 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.92 | -0.69 |
Drawdowns
SYBM.DE vs. SPPY.DE - Drawdown Comparison
The maximum SYBM.DE drawdown since its inception was -19.16%, smaller than the maximum SPPY.DE drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for SYBM.DE and SPPY.DE.
Loading charts...
Drawdown Indicators
| SYBM.DE | SPPY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.16% | -33.31% | +14.15% |
Max Drawdown (1Y)Largest decline over 1 year | -3.90% | -6.71% | +2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -7.62% | -23.82% | +16.20% |
Max Drawdown (5Y)Largest decline over 5 years | -8.64% | -23.82% | +15.18% |
Max Drawdown (10Y)Largest decline over 10 years | -16.36% | — | — |
Current DrawdownCurrent decline from peak | -3.09% | 0.00% | -3.09% |
Average DrawdownAverage peak-to-trough decline | -7.10% | -4.84% | -2.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 1.77% | -0.51% |
Volatility
SYBM.DE vs. SPPY.DE - Volatility Comparison
The current volatility for SPDR Bloomberg Emerging Markets Local Bond UCITS ETF (SYBM.DE) is 1.51%, while State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE) has a volatility of 2.69%. This indicates that SYBM.DE experiences smaller price fluctuations and is considered to be less risky than SPPY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SYBM.DE | SPPY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 2.69% | -1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 7.79% | -3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.07% | 11.62% | -6.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.94% | 15.43% | -8.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.82% | 17.57% | -9.75% |
SYBM.DE vs. SPPY.DE - Expense Ratio Comparison
SYBM.DE has a 0.55% expense ratio, which is higher than SPPY.DE's 0.10% expense ratio.
Dividends
SYBM.DE vs. SPPY.DE - Dividend Comparison
SYBM.DE's dividend yield for the trailing twelve months is around 5.07%, while SPPY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPPY.DE State Street SPDR S&P 500 Leaders 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% |
SYBM.DE SPDR Bloomberg Emerging Markets Local Bond UCITS ETF | 5.07% | 5.01% | 4.77% | 4.21% | 4.29% | 3.89% | 4.12% | 4.34% | 4.13% | 5.01% | 4.30% | 5.26% |
Frequently Asked Questions
SYBM.DE and SPPY.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPY.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPY.DE is cheaper with a 0.10% expense ratio, compared with 0.55% for SYBM.DE.
SYBM.DE is categorized as Emerging Markets Bonds, while SPPY.DE is S&P 500. SYBM.DE tracks Bloomberg Emerging Markets Local Currency Liquid Government Bond, while SPPY.DE tracks S&P 500 Scored & Screened Leaders Index. Their fees differ too: 0.55% for SYBM.DE and 0.10% for SPPY.DE.
Find the right allocation for SYBM.DE and SPPY.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