XZEW.DE vs. SPYL.DE
XZEW.DE (Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C) and SPYL.DE (State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc)) are both S&P 500 funds - XZEW.DE tracks the S&P 500 Equal Weight ESG while SPYL.DE tracks the S&P 500 Index. Both are passively managed. Over the past year, XZEW.DE returned 21.89% vs 25.56% for SPYL.DE. A 0.73 correlation means they provide meaningful diversification when combined. XZEW.DE charges 0.17%/yr vs 0.03%/yr for SPYL.DE.
Performance
XZEW.DE vs. SPYL.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XZEW.DE achieves a 10.78% return, which is significantly lower than SPYL.DE's 11.37% return.
XZEW.DE
- 1D
- 0.38%
- 1M
- 3.74%
- YTD
- 10.78%
- 6M
- 11.14%
- 1Y
- 21.89%
- 3Y*
- 12.65%
- 5Y*
- —
- 10Y*
- —
SPYL.DE
- 1D
- -0.15%
- 1M
- 4.36%
- YTD
- 11.37%
- 6M
- 10.86%
- 1Y
- 25.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XZEW.DE vs. SPYL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XZEW.DE Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C | 10.78% | 1.09% | 18.02% | 11.32% |
SPYL.DE State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) | 11.37% | 4.71% | 32.33% | 9.54% |
Correlation
The correlation between XZEW.DE and SPYL.DE is 0.67, 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 | 0.67 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023 | 0.73 |
The correlation between XZEW.DE and SPYL.DE has been stable across timeframes, ranging from 0.67 to 0.73 - 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
XZEW.DE vs. SPYL.DE — Risk / Return Rank
XZEW.DE
SPYL.DE
XZEW.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 ESG UCITS ETF 1C (XZEW.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.
| XZEW.DE | SPYL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.41 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 3.58 | +0.75 |
| Martin ratioReturn relative to average drawdown | 12.75 | 12.72 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XZEW.DE | SPYL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 2.21 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 1.54 | -0.80 |
Drawdowns
XZEW.DE vs. SPYL.DE - Drawdown Comparison
The maximum XZEW.DE drawdown since its inception was -23.98%, roughly equal to the maximum SPYL.DE drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for XZEW.DE and SPYL.DE.
Loading charts...
Drawdown Indicators
| XZEW.DE | SPYL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.98% | -23.27% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -7.13% | +2.13% |
Max Drawdown (3Y)Largest decline over 3 years | -23.98% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.46% | +0.46% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -3.24% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 2.01% | -0.31% |
Volatility
XZEW.DE vs. SPYL.DE - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight ESG UCITS ETF 1C (XZEW.DE) is 2.12%, while State Street SPDR S&P 500 UCITS ETF USD Unhedged (Acc) (SPYL.DE) has a volatility of 2.66%. This indicates that XZEW.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
| XZEW.DE | SPYL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 2.66% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 6.92% | 7.57% | -0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 11.52% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.97% | 14.61% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.97% | 14.61% | -0.64% |
XZEW.DE vs. SPYL.DE - Expense Ratio Comparison
XZEW.DE has a 0.17% expense ratio, which is higher than SPYL.DE's 0.03% 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
XZEW.DE vs. SPYL.DE - Dividend Comparison
Neither XZEW.DE nor SPYL.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEW.DE and SPYL.DE have a correlation of 0.67, 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 0.17% for XZEW.DE.
XZEW.DE tracks S&P 500 Equal Weight ESG, while SPYL.DE tracks S&P 500 Index. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.17% for XZEW.DE and 0.03% for SPYL.DE.
Find the right allocation for XZEW.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