SYBW.DE vs. SPPY.DE
SYBW.DE (State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist)) and SPPY.DE (State Street SPDR S&P 500 Leaders UCITS ETF) are both exchange-traded funds - SYBW.DE is a Government Bonds fund tracking the Bloomberg U.S. 1-3 Year Treasury Bond Index, 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, SYBW.DE returned 2.56%/yr vs 14.69%/yr for SPPY.DE. At a 0.09 correlation, their price movements are largely independent. SYBW.DE charges 0.05%/yr vs 0.10%/yr for SPPY.DE.
Performance
SYBW.DE vs. SPPY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SYBW.DE achieves a 3.59% return, which is significantly lower than SPPY.DE's 12.82% return.
SYBW.DE
- 1D
- 0.05%
- 1M
- 1.76%
- 6M
- 3.44%
- YTD
- 3.59%
- 1Y
- 6.16%
- 3Y*
- 2.70%
- 5Y*
- 2.56%
- 10Y*
- 1.33%
SPPY.DE
- 1D
- 0.29%
- 1M
- 2.16%
- 6M
- 13.41%
- YTD
- 12.82%
- 1Y
- 27.18%
- 3Y*
- 18.66%
- 5Y*
- 14.69%
- 10Y*
- —
SYBW.DE vs. SPPY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) | 3.59% | -6.50% | 9.98% | 0.49% | 2.02% | 7.59% | -6.16% | -0.73% |
SPPY.DE State Street SPDR S&P 500 Leaders UCITS ETF | 12.82% | 4.43% | 32.86% | 26.94% | -14.48% | 41.13% | 8.01% | 3.47% |
Correlation
The correlation between SYBW.DE and SPPY.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2019 | 0.09 |
The correlation between SYBW.DE and SPPY.DE shifts across timeframes, from 0.08 (5 years) to 0.19 (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
SYBW.DE vs. SPPY.DE — Risk / Return Rank
SYBW.DE
SPPY.DE
SYBW.DE vs. SPPY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.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.
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.
| SYBW.DE | SPPY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.42 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 4.03 | -2.28 |
| Martin ratioReturn relative to average drawdown | 4.36 | 15.45 | -11.08 |
Loading charts...
Drawdowns
SYBW.DE vs. SPPY.DE - Drawdown Comparison
The maximum SYBW.DE drawdown since its inception was -28.24%, smaller than the maximum SPPY.DE drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for SYBW.DE and SPPY.DE.
Loading charts...
Drawdown Indicators
| SYBW.DE | SPPY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.24% | -33.33% | +5.09% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -6.72% | +3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -10.87% | -23.81% | +12.94% |
Max Drawdown (5Y)Largest decline over 5 years | -12.61% | -23.81% | +11.20% |
Max Drawdown (10Y)Largest decline over 10 years | -20.37% | — | — |
Current DrawdownCurrent decline from peak | -5.29% | -0.58% | -4.71% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -4.78% | -4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 1.76% | -0.35% |
Volatility
SYBW.DE vs. SPPY.DE - Volatility Comparison
The current volatility for State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.DE) is 1.52%, while State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE) has a volatility of 3.33%. This indicates that SYBW.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
| SYBW.DE | SPPY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 3.33% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 3.95% | 8.14% | -4.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.54% | 11.82% | -6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.16% | 15.46% | -8.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.47% | 17.51% | -7.04% |
SYBW.DE vs. SPPY.DE - Expense Ratio Comparison
SYBW.DE has a 0.05% expense ratio, which is lower than SPPY.DE's 0.10% 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
SYBW.DE vs. SPPY.DE - Dividend Comparison
SYBW.DE's dividend yield for the trailing twelve months is around 3.83%, 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% |
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) | 3.83% | 4.34% | 3.98% | 3.01% | 0.64% | 0.54% | 1.91% | 2.03% | 1.33% | 1.05% | 0.68% | 0.53% |
Frequently Asked Questions
SYBW.DE and SPPY.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBW.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBW.DE is cheaper with a 0.05% expense ratio, compared with 0.10% for SPPY.DE.
SYBW.DE is categorized as Government Bonds, while SPPY.DE is S&P 500. SYBW.DE tracks Bloomberg U.S. 1-3 Year Treasury Bond Index, while SPPY.DE tracks S&P 500 Scored & Screened Leaders Index. Their fees differ too: 0.05% for SYBW.DE and 0.10% for SPPY.DE.
Find the right allocation for SYBW.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