TDIV vs. SPYW.DE
TDIV (First Trust NASDAQ Technology Dividend Index Fund) and SPYW.DE (SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist)) are both exchange-traded funds - TDIV is a Technology Equities fund tracking the NASDAQ Technology Dividend Index, while SPYW.DE is a Europe Equities fund tracking the S&P Euro High Yield Dividend Aristocrats. Both are passively managed. Over the past 10 years, TDIV returned 18.41%/yr vs 7.41%/yr for SPYW.DE. At a 0.41 correlation, their price movements are largely independent. TDIV charges 0.50%/yr vs 0.30%/yr for SPYW.DE.
Performance
TDIV vs. SPYW.DE - Performance Comparison
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Different Trading Currencies
TDIV is traded in USD, while SPYW.DE is traded in EUR. To make them comparable, the SPYW.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TDIV achieves a 20.48% return, which is significantly higher than SPYW.DE's 4.41% return. Over the past 10 years, TDIV has outperformed SPYW.DE with an annualized return of 18.41%, while SPYW.DE has yielded a comparatively lower 7.41% annualized return.
TDIV
- 1D
- -1.40%
- 1M
- 2.98%
- YTD
- 20.48%
- 6M
- 16.19%
- 1Y
- 39.10%
- 3Y*
- 29.65%
- 5Y*
- 17.29%
- 10Y*
- 18.41%
SPYW.DE
- 1D
- 0.60%
- 1M
- -1.15%
- YTD
- 4.41%
- 6M
- 7.74%
- 1Y
- 9.66%
- 3Y*
- 16.52%
- 5Y*
- 7.03%
- 10Y*
- 7.41%
TDIV vs. SPYW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDIV First Trust NASDAQ Technology Dividend Index Fund | 20.48% | 25.27% | 24.43% | 36.71% | -22.13% | 29.49% | 17.55% | 33.27% | -3.18% | 21.95% |
SPYW.DE SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) | 4.41% | 35.71% | 2.12% | 21.64% | -16.11% | 5.36% | -3.27% | 20.73% | -12.86% | 26.96% |
Correlation
The correlation between TDIV and SPYW.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2012 | 0.41 |
The correlation between TDIV and SPYW.DE shifts across timeframes, from 0.26 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TDIV vs. SPYW.DE — Risk / Return Rank
TDIV
SPYW.DE
TDIV vs. SPYW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ Technology Dividend Index Fund (TDIV) and SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.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.
| TDIV | SPYW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.14 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 0.97 | +2.69 |
| Martin ratioReturn relative to average drawdown | 10.96 | 2.97 | +7.99 |
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
| TDIV | SPYW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 0.75 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.41 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.42 | +0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.41 | +0.43 |
Drawdowns
TDIV vs. SPYW.DE - Drawdown Comparison
The maximum TDIV drawdown since its inception was -31.97%, smaller than the maximum SPYW.DE drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for TDIV and SPYW.DE.
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Drawdown Indicators
| TDIV | SPYW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.97% | -38.79% | +6.82% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -9.91% | -0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -23.00% | -13.94% | -9.06% |
Max Drawdown (5Y)Largest decline over 5 years | -31.97% | -37.73% | +5.76% |
Max Drawdown (10Y)Largest decline over 10 years | -31.97% | -38.79% | +6.82% |
Current DrawdownCurrent decline from peak | -9.39% | -4.00% | -5.39% |
Average DrawdownAverage peak-to-trough decline | -4.84% | -8.74% | +3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 3.25% | +0.33% |
Volatility
TDIV vs. SPYW.DE - Volatility Comparison
First Trust NASDAQ Technology Dividend Index Fund (TDIV) has a higher volatility of 9.74% compared to SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) (SPYW.DE) at 3.28%. This indicates that TDIV's price experiences larger fluctuations and is considered to be riskier than SPYW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDIV | SPYW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.74% | 3.28% | +6.46% |
Volatility (6M)Calculated over the trailing 6-month period | 15.37% | 10.36% | +5.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.53% | 12.92% | +6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.86% | 17.04% | +3.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.95% | 17.40% | +3.55% |
TDIV vs. SPYW.DE - Expense Ratio Comparison
TDIV has a 0.50% expense ratio, which is higher than SPYW.DE's 0.30% expense ratio.
Dividends
TDIV vs. SPYW.DE - Dividend Comparison
TDIV's dividend yield for the trailing twelve months is around 1.21%, less than SPYW.DE's 3.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYW.DE SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) | 3.57% | 4.07% | 3.67% | 3.31% | 3.62% | 2.78% | 3.05% | 3.10% | 3.74% | 3.15% | 2.97% | 2.99% |
TDIV First Trust NASDAQ Technology Dividend Index Fund | 1.21% | 1.40% | 1.59% | 1.74% | 2.51% | 1.76% | 2.07% | 2.27% | 2.97% | 2.27% | 2.45% | 2.52% |
Frequently Asked Questions
TDIV and SPYW.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYW.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYW.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for TDIV.
TDIV is categorized as Technology Equities, while SPYW.DE is Europe Equities. TDIV tracks NASDAQ Technology Dividend Index, while SPYW.DE tracks S&P Euro High Yield Dividend Aristocrats. They also come from different issuers: First Trust and State Street. Their fees differ too: 0.50% for TDIV and 0.30% for SPYW.DE.
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