XSXD.DE vs. SPYD

Last updated Jun 5, 2026

XSXD.DE (Xtrackers S&P 500 Swap UCITS ETF 1D) and SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) are both S&P 500 funds - XSXD.DE tracks the S&P 500 Index while SPYD tracks the S&P 500 High Dividend Index. Both are passively managed. Over the past 3 years, XSXD.DE returned 19.04%/yr vs 11.50%/yr for SPYD. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.07% expense ratio.

Performance

XSXD.DE vs. SPYD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers S&P 500 Swap UCITS ETF 1D (XSXD.DE) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XSXD.DE is traded in EUR, while SPYD is traded in USD. To make them comparable, the SPYD values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with XSXD.DE having a 11.41% return and SPYD slightly higher at 11.66%.

XSXD.DE

• 1D: -0.13%
• 1M: 5.23%
• YTD: 11.41%
• 6M: 11.49%
• 1Y: 25.73%
• 3Y*: 19.04%
• 5Y*: —
• 10Y*: —

SPYD

• 1D: 0.00%
• 1M: 1.50%
• YTD: 11.66%
• 6M: 11.54%
• 1Y: 15.26%
• 3Y*: 11.50%
• 5Y*: 7.76%
• 10Y*: 8.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XSXD.DE vs. SPYD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XSXD.DE Xtrackers S&P 500 Swap UCITS ETF 1D	11.41%	4.89%	32.52%	22.75%	0.51%
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	12.92%	-7.77%	22.96%	0.80%	-1.29%

Correlation

The correlation between XSXD.DE and SPYD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jun 15, 2022	0.33

The correlation between XSXD.DE and SPYD shifts across timeframes, from 0.14 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XSXD.DE vs. SPYD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XSXD.DE

XSXD.DE Risk / Return Rank: 70
XSXD.DE Sharpe Ratio Rank: 68
XSXD.DE Sortino Ratio Rank: 66
XSXD.DE Omega Ratio Rank: 70
XSXD.DE Calmar Ratio Rank: 73
XSXD.DE Martin Ratio Rank: 70

SPYD

SPYD Risk / Return Rank: 48
SPYD Sharpe Ratio Rank: 47
SPYD Sortino Ratio Rank: 50
SPYD Omega Ratio Rank: 44
SPYD Calmar Ratio Rank: 55
SPYD Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XSXD.DE vs. SPYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Swap UCITS ETF 1D (XSXD.DE) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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.

	XSXD.DE	SPYD	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.29	+0.93
Sortino ratio: Return per unit of downside risk	3.01	1.90	+1.11
Omega ratio: Gain probability vs. loss probability	1.41	1.23	+0.19
Calmar ratio: Return relative to maximum drawdown	3.62	2.65	+0.96
Martin ratio: Return relative to average drawdown	12.87	7.05	+5.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSXD.DE vs. SPYD - Sharpe Ratio Comparison

The current XSXD.DE Sharpe Ratio is 2.21, which is higher than the SPYD Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of XSXD.DE and SPYD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XSXD.DE	SPYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	1.29	+0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	0.43	+0.77

Drawdowns

XSXD.DE vs. SPYD - Drawdown Comparison

The maximum XSXD.DE drawdown since its inception was -23.31%, smaller than the maximum SPYD drawdown of -45.82%. Use the drawdown chart below to compare losses from any high point for XSXD.DE and SPYD.

Drawdown Indicators

	XSXD.DE	SPYD	Difference
Max Drawdown Largest peak-to-trough decline	-23.31%	-45.82%	+22.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.08%	-5.77%	-1.31%
Max Drawdown (3Y) Largest decline over 3 years	-23.31%	-19.95%	-3.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.82%	—
Current Drawdown Current decline from peak	-0.46%	-3.11%	+2.65%
Average Drawdown Average peak-to-trough decline	-4.38%	-8.08%	+3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	2.17%	-0.18%

Volatility

XSXD.DE vs. SPYD - Volatility Comparison

Xtrackers S&P 500 Swap UCITS ETF 1D (XSXD.DE) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) have volatilities of 2.67% and 2.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSXD.DE	SPYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	2.58%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	8.31%	-0.73%
Volatility (1Y) Calculated over the trailing 1-year period	11.57%	11.96%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.59%	15.86%	-1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.59%	20.19%	-5.60%

XSXD.DE vs. SPYD - Expense Ratio Comparison

Both XSXD.DE and SPYD have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XSXD.DE vs. SPYD - Dividend Comparison

XSXD.DE's dividend yield for the trailing twelve months is around 0.81%, less than SPYD's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF	4.16%	4.52%	4.31%	4.66%	5.01%	3.68%	4.95%	4.42%	4.75%	4.63%	4.34%	1.13%
XSXD.DE Xtrackers S&P 500 Swap UCITS ETF 1D	0.81%	0.94%	1.09%	1.30%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XSXD.DE and SPYD in my portfolio?

XSXD.DE and SPYD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XSXD.DE or SPYD?

Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSXD.DE or SPYD?

XSXD.DE and SPYD have the same expense ratio: 0.07% per year.

What is the main difference between XSXD.DE and SPYD?

XSXD.DE tracks S&P 500 Index, while SPYD tracks S&P 500 High Dividend Index. They also come from different issuers: Xtrackers and State Street.