SPYL vs DEGC: which ETF won each year?
Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.
Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.
SPYL
DimensionalDEGC
SPYL tracks the S&P 500 Index
SPYL vs DEGC, year by year
Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.
| Year | SPYL | DEGC | Winner |
|---|---|---|---|
| 2026 (so far) | +16.47% | +15.71% | SPYL |
| 2025 | +4.71% | +1.95% | SPYL |
| 2024 | +32.33% | — | — |
| 2023 | +8.23% | — | — |
SPYL vs DEGC in plain words
SPYL tracks the S&P 500 Index while DEGC follows the Dimensional Global Core Equity strategy, so they own different slices of the market and their years can look very different. SPYL charges 0.03% a year in running costs and DEGC charges 0.26% — SPYL is the cheaper fund to hold.
Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 2 calendar years both funds were trading, SPYL finished the year ahead 2 times and DEGC 0 times.
SPYL also trades in USD on the London Stock Exchange, where SPXL is its GBP line, ISIN IE000XZSV718 — this page follows its EUR line on Xetra.
Actively managed: it weights developed-market companies towards low valuations, high profitability and smaller size rather than following an index, and measures itself against the MSCI World.
Fund facts: SPYL vs DEGC
| Fact | SPYL | DEGC |
|---|---|---|
| Fund | SPDR S&P 500 UCITS ETF (Acc) | Dimensional Global Core Equity UCITS ETF USD (Acc) |
| Tracks | S&P 500 Index | Dimensional Global Core Equity strategy |
| Yearly cost (TER) | 0.03% | 0.26% |
| Dividends | Accumulating — dividends reinvested | Accumulating — dividends reinvested |
| Launched | 31 Oct 2023 | 12 Nov 2025 |
| ISIN | IE000XZSV718 | IE000EGGFVG6 |
| WKN | A3EUC1 | A41E9T |
| €10,000 invested | What €10,000 in SPYL became | What €10,000 in DEGC became |
How bumpy the ride was: SPYL vs DEGC
These head-to-head figures use only the 218 trading days both funds were listed: 24 Nov 2025 to 7 Oct 2026, 10 months.
SPYL swung more than DEGC: annualised volatility of 10.8% for SPYL against 9.2% for DEGC, with SPYL moving 1% or more on 15.7% of trading days and DEGC on 8.8%. SPYL's worst day was -1.63% on 19 Jan 2026; DEGC's was -1.80% on 9 Mar 2026.
SPYL had the deeper drawdown: it fell -7.13% from its peak on 15 Jan 2026 to a low on 27 Mar 2026, then closed back above the old peak on 17 Apr 2026, under a month after the low; DEGC fell -5.49% from its peak on 2 Mar 2026 to a low on 27 Mar 2026, then closed back above the old peak on 16 Apr 2026, under a month after the low.
Day to day the two usually move together: the correlation of their daily returns is 0.90, and they closed in opposite directions on 13.8% of the 217 days measured. The widest single-day gap came on 4 Feb 2026, when SPYL moved -0.44% and DEGC +0.47%.
| Measure | SPYL | DEGC |
|---|---|---|
| Annualised volatility | 10.8% | 9.2% |
| Worst day | -1.63% on 19 Jan 2026 | -1.80% on 9 Mar 2026 |
| Best day | +2.07% on 8 Apr 2026 | +1.70% on 1 Apr 2026 |
| Days moving 1% or more | 15.7% of days | 8.8% of days |
| Deepest drawdown | -7.13% | -5.49% |
| Peak to trough | 15 Jan 2026 → 27 Mar 2026 | 2 Mar 2026 → 27 Mar 2026 |
| Back above the old peak | 17 Apr 2026 · under a month | 16 Apr 2026 · under a month |
Years SPYL and DEGC parted ways
In the one completed calendar year both funds were trading, the two returns ended within 5 points of each other. In 2025, SPYL returned +4.71% and DEGC +1.95%, a gap of 2.8 points. They rose together in 1 year.
Frequently asked
Is SPYL or DEGC better?
Across the 2 calendar years both funds were trading, SPYL finished the year ahead 2 times and DEGC 0 times. Past returns don't promise future ones — but this is what actually happened.
What is the difference between SPYL and DEGC?
SPYL tracks the S&P 500 Index while DEGC follows the Dimensional Global Core Equity strategy, so they own different slices of the market and their years can look very different. SPYL charges 0.03% a year in running costs and DEGC charges 0.26% — SPYL is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.
Which is more volatile, SPYL or DEGC?
SPYL swung more than DEGC: annualised volatility of 10.8% for SPYL against 9.2% for DEGC, with SPYL moving 1% or more on 15.7% of trading days and DEGC on 8.8%. SPYL's worst day was -1.63% on 19 Jan 2026; DEGC's was -1.80% on 9 Mar 2026.
Which had the deeper drawdown, SPYL or DEGC?
SPYL had the deeper drawdown: it fell -7.13% from its peak on 15 Jan 2026 to a low on 27 Mar 2026, then closed back above the old peak on 17 Apr 2026, under a month after the low; DEGC fell -5.49% from its peak on 2 Mar 2026 to a low on 27 Mar 2026, then closed back above the old peak on 16 Apr 2026, under a month after the low.
Related comparisons
More head-to-heads featuring SPYL or DEGC.
Source: Yahoo Finance daily adjusted closes for the EUR trading lines on Xetra, dividends reinvested. Prices through · refreshed 7 Oct 2026, 08:49 UTC. How every number is calculated.