^AW03 vs. SPY
Compare and contrast key facts about FTSE All World ex UK Index (^AW03) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AW03 or SPY.
Correlation
The correlation between ^AW03 and SPY is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^AW03 vs. SPY - Performance Comparison
Key characteristics
^AW03:
1.35
SPY:
1.75
^AW03:
1.83
SPY:
2.36
^AW03:
1.25
SPY:
1.32
^AW03:
1.68
SPY:
2.66
^AW03:
6.94
SPY:
11.01
^AW03:
2.03%
SPY:
2.03%
^AW03:
10.45%
SPY:
12.77%
^AW03:
-58.89%
SPY:
-55.19%
^AW03:
-1.40%
SPY:
-2.12%
Returns By Period
In the year-to-date period, ^AW03 achieves a 3.85% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, ^AW03 has underperformed SPY with an annualized return of 7.40%, while SPY has yielded a comparatively higher 12.96% annualized return.
^AW03
3.85%
0.68%
5.25%
14.82%
8.71%
7.40%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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Risk-Adjusted Performance
^AW03 vs. SPY — Risk-Adjusted Performance Rank
^AW03
SPY
^AW03 vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTSE All World ex UK Index (^AW03) and SPDR S&P 500 ETF (SPY). 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.
Drawdowns
^AW03 vs. SPY - Drawdown Comparison
The maximum ^AW03 drawdown since its inception was -58.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^AW03 and SPY. For additional features, visit the drawdowns tool.
Volatility
^AW03 vs. SPY - Volatility Comparison
The current volatility for FTSE All World ex UK Index (^AW03) is 2.82%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.32%. This indicates that ^AW03 experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.