VanEck World Equal Weight Screened UCITS ETF (TSWE.L)

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VanEck World Equal Weight Screened UCITS ETF (TSWE.L) is up 13.5% since the beginning of the year. TSWE.L is currently trading at $49 per share. Investors who bought $1,000 worth of TSWE.L shares 5 years ago would now be looking at an investment worth $1,669.

VanEck World Equal Weight Screened UCITS ETF (TSWE.L) has returned 13.54% so far this year and 26.45% over the past 12 months. Over the last ten years, TSWE.L has returned 0.54% per year, falling short of the S&P 500 Index benchmark, which averaged 13.36% annually.

Based on dividend-adjusted daily data since May 3, 2013, TSWE.L's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +15.0%, while the worst month was Jan 2019 at -69.4%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, TSWE.L closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.2%, while the worst single day was Jan 18, 2019 at -71.2%.

VanEck World Equal Weight Screened UCITS ETF has an annualized alpha of 0.26%, beta of 0.55, and R2 of 0.14 versus S&P 500 Index. Calculated based on daily prices since May 03, 2013.

• This ETF participated in 84.28% of S&P 500 Index downside but only 48.52% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.55 may look defensive, but with R2 of 0.14 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.14 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

TSWE.L has an expense ratio of 0.20%, which is considered low.

TSWE.L ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

VanEck World Equal Weight Screened UCITS ETF provided a 1.81% dividend yield over the last twelve months, with an annual payout of $0.88 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for VanEck World Equal Weight Screened UCITS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the VanEck World Equal Weight Screened UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the VanEck World Equal Weight Screened UCITS ETF was 76.86%, occurring on Mar 23, 2020. The portfolio has not yet recovered.

The current VanEck World Equal Weight Screened UCITS ETF drawdown is 19.17%.

The chart below shows the rolling one-month volatility.