SPDR EURO STOXX 50 ETF (FEZ) Performance
FEZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.2% since Dec 31, 2025
- 1 year
- +5.4% total return
- 5 years
- +9.7% a year
- 10 years
- +10.1% a year
- Since first price
- +7.3% a year since 2002
FEZ trailing returns vs SPY, QQQ, AGG
| Period | FEZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.0% | −5.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.8% | −3.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.8% | −1.0% | +7.8% | +8.4% | −1.5% |
| YTD | +2.2% | +0.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +5.4% | +2.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.8%+19.5%/yr | +57.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +58.9%+9.7%/yr | +36.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +161.4%+10.1%/yr | +98.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +218.1%+8.0%/yr | +102.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +144.5%+4.6%/yr | +28.1% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionOct 21, 2002 | +443.5%+7.3%/yr | +158.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FEZ vs SPY
From Oct 21, 2002: FEZ grew to $54,345, SPY to $130,334.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FEZ returns by calendar year
16 of 23 full years positive. Best 2003 (+43.4%), worst 2008 (−43.0%). 2026 is year to date.
FEZ annual returns table
| Year | FEZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.2% | −13.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +37.8% | −15.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +3.6% | −11.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.2% | −14.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −14.3% | −33.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +14.8% | −8.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +4.8% | −38.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +26.0% | −8.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −15.9% | −25.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.8% | −3.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +0.7% | −13.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.0% | −16.7% | +1.2% | +9.4% | +0.5% |
| 2014 | −9.8% | −18.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +25.8% | −9.8% | +32.3% | +36.6% | −2.0% |
| 2012 | +22.7% | −23.9% | +16.0% | +18.1% | +3.8% |
| 2011 | −16.3% | −37.8% | +1.9% | +3.4% | +7.7% |
| 2010 | −8.0% | −30.3% | +15.1% | +19.9% | +6.4% |
| 2009 | +25.3% | −36.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −43.0% | −56.6% | −36.8% | −41.7% | +7.9% |
| 2007 | +20.4% | −12.0% | +5.1% | +19.0% | +6.6% |
| 2006 | +31.8% | −13.6% | +15.8% | +7.1% | +3.9% |
| 2005 | +8.4% | −9.2% | +4.8% | +1.6% | +2.3% |
| 2004 | +16.8% | −14.1% | +10.7% | +10.5% | +3.8% |
| 2003 | +43.4% | −23.1% | +28.2% | +49.7% | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FEZ largest drawdowns
Now 10.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 10, 2007 | −64.2% | Mar 9, 2009 | Dec 17, 2020 | 1.2 years | 13.0 years |
| Nov 5, 2021 | −35.0% | Sep 27, 2022 | Apr 24, 2023 | 11 months | 1.5 years |
| Jan 6, 2003 | −23.1% | Mar 12, 2003 | May 5, 2003 | 2 months | 4 months |
| Mar 19, 2025 | −15.8% | Apr 8, 2025 | May 2, 2025 | 20 days | 44 days |
| Jul 13, 2023 | −14.4% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 5 months |
| Feb 17, 2004 | −14.1% | May 10, 2004 | Nov 3, 2004 | 3 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FEZ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2002 |
|---|---|---|---|---|
| Annualized return | +20.2% | +11.6% | +10.5% | +7.6% |
| Volatility (annualized) | 14.2% | 19.6% | 19.2% | 21.1% |
| Sharpe ratio | 1.07 | 0.48 | 0.50 | — |
| Sortino ratio | 1.76 | 0.76 | 0.77 | — |
| Best month | +11.1% | +16.9% | +20.1% | +20.1% |
| Worst month | −9.3% | −10.8% | −17.6% | −22.6% |
| Best 12 months | +37.8% | +40.9% | +54.1% | +61.0% |
| Worst 12 months | +3.6% | −29.2% | −29.2% | −53.4% |
| Positive months | 75% | 63% | 62% | 60% |
| Beta vs S&P 500 | 0.67 | 0.94 | 0.97 | — |
| Correlation with S&P 500 | 0.59 | 0.75 | 0.77 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FEZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 277 | −53.4% | +13.3% | +61.0% | 68% |
| 3-year (a year) | 253 | −16.8% | +6.2% | +31.3% | 73% |
| 5-year (a year) | 229 | −12.1% | +5.0% | +24.5% | 79% |
| 10-year (a year) | 169 | −1.5% | +4.8% | +11.5% | 88% |
Every holding period starting at a month-end since 2002. Returns for 3 years and longer are annualized.
FEZ performance overview
SPDR EURO STOXX 50 ETF (FEZ) returned +5.4% over the past year and +10.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2002 it has returned +7.3% a year, turning $10,000 into about $54,345. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −64.2%, from Dec 10, 2007 to Mar 9, 2009, and it took 11.8 years to get back to the old high. FEZ finished 16 of its 23 full calendar years with a gain; the best year was 2003 (+43.4%) and the worst 2008 (−43.0%). Volatility has been 21.1% a year.
Related: FEZ chart, FEZ holdings, FEZ dividends. See the FEZ overview for the latest quote and fund facts.
FEZ performance FAQ
What is the FEZ return over the past year?
FEZ returned +5.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 2.5%.
What is the average annual return of FEZ?
FEZ has returned +9.7% a year over 5 years, +10.1% a year over 10 years, +7.3% a year since October 21, 2002 (total return, distributions reinvested).
How much would $10,000 invested in FEZ be worth?
$10,000 invested in FEZ at its first recorded close on October 21, 2002 would be worth about $54,345 on October 23, 2026 with distributions reinvested.
What was the worst year for FEZ?
The worst calendar year was 2008, with a total return of −43.0%. The best was 2003 at +43.4%.
What is the biggest drawdown of FEZ?
The largest peak-to-trough decline was −64.2% between December 10, 2007 and March 9, 2009. It recovered to the old high on December 17, 2020, 11.8 years after the bottom.
How volatile is FEZ?
Over the past 3 years FEZ had an annualized volatility of 14.2% and a Sharpe ratio of 1.07 (excess return over 1–3 month T-bills per unit of risk).