XDEW.DE vs. SPPY.DE
XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) and SPPY.DE (State Street SPDR S&P 500 Leaders UCITS ETF) are both S&P 500 funds - XDEW.DE tracks the S&P 500 Equal Weight Index while SPPY.DE tracks the S&P 500 Scored & Screened Leaders Index. Both are passively managed. Over the past 5 years, XDEW.DE returned 9.59%/yr vs 15.14%/yr for SPPY.DE. Their correlation of 0.83 suggests significant overlap in exposure. XDEW.DE charges 0.20%/yr vs 0.10%/yr for SPPY.DE.
Performance
XDEW.DE vs. SPPY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XDEW.DE achieves a 14.06% return, which is significantly higher than SPPY.DE's 12.49% return.
XDEW.DE
- 1D
- 0.17%
- 1M
- 4.79%
- YTD
- 14.06%
- 6M
- 14.66%
- 1Y
- 22.92%
- 3Y*
- 13.41%
- 5Y*
- 9.59%
- 10Y*
- 11.95%
SPPY.DE
- 1D
- -0.19%
- 1M
- 2.18%
- YTD
- 12.49%
- 6M
- 13.00%
- 1Y
- 29.56%
- 3Y*
- 19.57%
- 5Y*
- 15.14%
- 10Y*
- —
XDEW.DE vs. SPPY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.06% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 2.44% |
SPPY.DE State Street SPDR S&P 500 Leaders UCITS ETF | 12.49% | 4.43% | 32.86% | 26.94% | -14.48% | 41.13% | 8.01% | 3.47% |
Correlation
The correlation between XDEW.DE and SPPY.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2019 | 0.83 |
The correlation between XDEW.DE and SPPY.DE shifts across timeframes, from 0.66 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDEW.DE vs. SPPY.DE — Risk / Return Rank
XDEW.DE
SPPY.DE
XDEW.DE vs. SPPY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
| XDEW.DE | SPPY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.46 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.51 | 4.38 | +0.13 |
| Martin ratioReturn relative to average drawdown | 13.76 | 16.81 | -3.05 |
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Drawdowns
XDEW.DE vs. SPPY.DE - Drawdown Comparison
The maximum XDEW.DE drawdown since its inception was -38.79%, which is greater than SPPY.DE's maximum drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for XDEW.DE and SPPY.DE.
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Drawdown Indicators
| XDEW.DE | SPPY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.79% | -33.33% | -5.46% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -6.72% | +1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -22.70% | -23.81% | +1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -22.70% | -23.81% | +1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -38.79% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.19% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -4.80% | -0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.75% | -0.09% |
Volatility
XDEW.DE vs. SPPY.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) is 2.27%, while State Street SPDR S&P 500 Leaders UCITS ETF (SPPY.DE) has a volatility of 3.17%. This indicates that XDEW.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.
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Volatility by Period
| XDEW.DE | SPPY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | 3.17% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 6.85% | 8.13% | -1.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.74% | 11.79% | -1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 15.47% | -0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 17.53% | -0.69% |
XDEW.DE vs. SPPY.DE - Expense Ratio Comparison
XDEW.DE has a 0.20% expense ratio, which is higher than SPPY.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XDEW.DE vs. SPPY.DE - Dividend Comparison
Neither XDEW.DE nor SPPY.DE has paid dividends to shareholders.
Frequently Asked Questions
XDEW.DE and SPPY.DE have a correlation of 0.66, 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 0.20% for XDEW.DE.
XDEW.DE tracks S&P 500 Equal Weight Index, while SPPY.DE tracks S&P 500 Scored & Screened Leaders Index. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.20% for XDEW.DE and 0.10% for SPPY.DE.
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