T3KE.DE vs. SPYK.DE
T3KE.DE (HANetf HAN-GINS Tech Megatrend Equal Weight UCITS ETF) and SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) are both Technology Equities funds - T3KE.DE tracks the Solactive Innovative Technologies while SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped. Both are passively managed. Over the past 5 years, T3KE.DE returned 4.25%/yr vs 11.30%/yr for SPYK.DE. A 0.69 correlation means they provide meaningful diversification when combined. T3KE.DE charges 0.59%/yr vs 0.18%/yr for SPYK.DE.
Performance
T3KE.DE vs. SPYK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, T3KE.DE achieves a 11.19% return, which is significantly lower than SPYK.DE's 33.76% return.
T3KE.DE
- 1D
- -2.14%
- 1M
- -5.55%
- 6M
- 2.80%
- YTD
- 11.19%
- 1Y
- 19.39%
- 3Y*
- 14.16%
- 5Y*
- 4.25%
- 10Y*
- —
SPYK.DE
- 1D
- -0.38%
- 1M
- -8.38%
- 6M
- 20.16%
- YTD
- 33.76%
- 1Y
- 46.71%
- 3Y*
- 19.72%
- 5Y*
- 11.30%
- 10Y*
- 14.67%
T3KE.DE vs. SPYK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
T3KE.DE HANetf HAN-GINS Tech Megatrend Equal Weight UCITS ETF | 11.19% | 5.55% | 19.66% | 46.51% | -41.88% | 16.75% | 45.93% | 36.13% | -23.42% |
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 33.76% | 10.46% | 8.46% | 35.03% | -28.76% | 36.64% | 13.36% | 38.97% | -16.58% |
Correlation
The correlation between T3KE.DE and SPYK.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2018 | 0.69 |
Over the past year, the correlation between T3KE.DE and SPYK.DE has dropped to 0.49 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
T3KE.DE vs. SPYK.DE — Risk / Return Rank
T3KE.DE
SPYK.DE
T3KE.DE vs. SPYK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf HAN-GINS Tech Megatrend Equal Weight UCITS ETF (T3KE.DE) and SPDR MSCI Europe Technology UCITS ETF (SPYK.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.
| T3KE.DE | SPYK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 4.05 | -3.15 |
| Martin ratioReturn relative to average drawdown | 2.00 | 9.75 | -7.75 |
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Drawdowns
T3KE.DE vs. SPYK.DE - Drawdown Comparison
The maximum T3KE.DE drawdown since its inception was -50.00%, which is greater than SPYK.DE's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for T3KE.DE and SPYK.DE.
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Drawdown Indicators
| T3KE.DE | SPYK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.00% | -38.45% | -11.55% |
Max Drawdown (1Y)Largest decline over 1 year | -21.41% | -11.48% | -9.93% |
Max Drawdown (3Y)Largest decline over 3 years | -32.12% | -27.02% | -5.10% |
Max Drawdown (5Y)Largest decline over 5 years | -50.00% | -38.45% | -11.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.45% | — |
Current DrawdownCurrent decline from peak | -12.56% | -10.96% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -17.91% | -8.54% | -9.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.69% | 4.62% | +5.07% |
Volatility
T3KE.DE vs. SPYK.DE - Volatility Comparison
The current volatility for HANetf HAN-GINS Tech Megatrend Equal Weight UCITS ETF (T3KE.DE) is 9.39%, while SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a volatility of 10.14%. This indicates that T3KE.DE experiences smaller price fluctuations and is considered to be less risky than SPYK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T3KE.DE | SPYK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.39% | 10.14% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 20.94% | 22.72% | -1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.02% | 28.02% | -1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.33% | 26.28% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.46% | 24.27% | +2.19% |
T3KE.DE vs. SPYK.DE - Expense Ratio Comparison
T3KE.DE has a 0.59% expense ratio, which is higher than SPYK.DE's 0.18% expense ratio.
Dividends
T3KE.DE vs. SPYK.DE - Dividend Comparison
Neither T3KE.DE nor SPYK.DE has paid dividends to shareholders.
Frequently Asked Questions
T3KE.DE and SPYK.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYK.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYK.DE is cheaper with a 0.18% expense ratio, compared with 0.59% for T3KE.DE.
T3KE.DE tracks Solactive Innovative Technologies, while SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped. They also come from different issuers: HANetf and State Street. Their fees differ too: 0.59% for T3KE.DE and 0.18% for SPYK.DE.
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