ETF Comparison: SYBM vs SPYL
ETF Descriptions
SYBM - SPDR Bloomberg Emerging Markets Local Bond UCITS ETF
The SPDR Bloomberg Emerging Markets Local Bond UCITS ETF tracks the Bloomberg Emerging Markets Local Currency Liquid Government Bond index, providing exposure to liquid local currency emerging markets debt with country exposure limited to a maximum of 10%. The ETF distributes interest income semi-annually and has a total expense ratio of 0.55% p.a.
SPYL - SPDR S&P 500 UCITS ETF USD Unhedged (Acc)
The SPDR S&P 500 UCITS ETF USD Unhedged (Acc) is an equity ETF that tracks the S&P 500 index, providing exposure to the 500 largest US stocks. With a low expense ratio of 0.03%, it is a cost-effective way to invest in the US market. The ETF uses a full replication strategy to track the underlying index and accumulates dividends, reinvesting them in the fund.
Comparison Table
| SYBM | SPYL | |
|---|---|---|
| Fund Name | SPDR Bloomberg Emerging Markets Local Bond UCITS ETF | SPDR S&P 500 UCITS ETF USD Unhedged (Acc) |
| Fund Provider | State Street | State Street |
| Index | Bloomberg Emerging Markets Local Currency Liquid Government Bond | S&P 500 |
| Asset Class | Bonds | Equity |
| Listing | EU-listed | EU-listed |
| Expense Ratio | 0.55% | 0.03% |
| Inception Date | 2011-05-13 | 2023-10-31 |
| Number Of Holdings | 470 | 503 |
| Currency | USD | USD |
| Distribution Policy | Distributing | Accumulating |
| Region | Emerging Markets | United States |
| Leveraged | Non-leveraged | Non-leveraged |
Backtesting Options
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis evaluates historical data to measure investment strategy returns through key metrics like Cumulative returns, End of Year (EoY) returns, and risk-adjusted measures such as the Sharpe ratio and Sortino ratio. This helps investors assess both absolute and relative performance across different market conditions.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.