XDEE.DE vs. SPYL.DE
XDEE.DE (Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc)) and SPYL.DE (State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc)) are both S&P 500 funds - XDEE.DE tracks the S&P 500 Equal Weight Index (EUR Hedged) while SPYL.DE tracks the S&P 500 Index. Both are passively managed. Over the past year, XDEE.DE returned 14.68% vs 23.84% for SPYL.DE. A 0.57 correlation means they provide meaningful diversification when combined. XDEE.DE charges 0.30%/yr vs 0.03%/yr for SPYL.DE.
Performance
XDEE.DE vs. SPYL.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDEE.DE achieves a 10.42% return, which is significantly lower than SPYL.DE's 11.99% return.
XDEE.DE
- 1D
- 0.08%
- 1M
- 2.61%
- 6M
- 11.12%
- YTD
- 10.42%
- 1Y
- 14.68%
- 3Y*
- 11.69%
- 5Y*
- —
- 10Y*
- —
SPYL.DE
- 1D
- 0.00%
- 1M
- 0.41%
- 6M
- 12.78%
- YTD
- 11.99%
- 1Y
- 23.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDEE.DE vs. SPYL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDEE.DE Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) | 10.42% | 9.31% | 10.02% | 16.79% |
SPYL.DE State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) | 11.99% | 4.71% | 32.33% | 8.23% |
Correlation
The correlation between XDEE.DE and SPYL.DE is 0.54, 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 | 0.54 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023 | 0.57 |
The correlation between XDEE.DE and SPYL.DE has been stable across timeframes, ranging from 0.54 to 0.57 - a consistent structural relationship.
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
XDEE.DE vs. SPYL.DE — Risk / Return Rank
XDEE.DE
SPYL.DE
XDEE.DE vs. SPYL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) and State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.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.
| XDEE.DE | SPYL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 3.36 | -1.34 |
| Martin ratioReturn relative to average drawdown | 7.08 | 11.80 | -4.72 |
Loading charts...
Drawdowns
XDEE.DE vs. SPYL.DE - Drawdown Comparison
The maximum XDEE.DE drawdown since its inception was -22.64%, roughly equal to the maximum SPYL.DE drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for XDEE.DE and SPYL.DE.
Loading charts...
Drawdown Indicators
| XDEE.DE | SPYL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.64% | -23.27% | +0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -7.13% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -18.93% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.86% | +0.86% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -3.31% | -4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.03% | +0.04% |
Volatility
XDEE.DE vs. SPYL.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF EUR Hedged (Acc) (XDEE.DE) is 3.13%, while State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.DE) has a volatility of 3.64%. This indicates that XDEE.DE experiences smaller price fluctuations and is considered to be less risky than SPYL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDEE.DE | SPYL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 3.64% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 7.70% | 8.15% | -0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.92% | 12.03% | -1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 15.00% | +1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 15.00% | +1.23% |
XDEE.DE vs. SPYL.DE - Expense Ratio Comparison
XDEE.DE has a 0.30% expense ratio, which is higher than SPYL.DE's 0.03% expense ratio.
Dividends
XDEE.DE vs. SPYL.DE - Dividend Comparison
Neither XDEE.DE nor SPYL.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEE.DE and SPYL.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYL.DE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYL.DE is cheaper with a 0.03% expense ratio, compared with 0.30% for XDEE.DE.
XDEE.DE tracks S&P 500 Equal Weight Index (EUR Hedged), while SPYL.DE tracks S&P 500 Index. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.30% for XDEE.DE and 0.03% for SPYL.DE.
Find the right allocation for XDEE.DE and SPYL.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