AI.PA vs. WMAT.AS
Compare and contrast key facts about L'Air Liquide S.A. (AI.PA) and SPDR MSCI World Materials UCITS ETF (WMAT.AS).
WMAT.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Materials NR USD. It was launched on Apr 29, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AI.PA or WMAT.AS.
Key characteristics
| AI.PA | WMAT.AS | |
|---|---|---|
| YTD Return | 4.26% | 3.95% |
| 1Y Return | 16.30% | 12.48% |
| 3Y Return (Ann) | 14.37% | 6.07% |
| 5Y Return (Ann) | 15.38% | 9.77% |
| Sharpe Ratio | 0.88 | 0.94 |
| Daily Std Dev | 17.53% | 13.20% |
| Max Drawdown | -39.78% | -33.66% |
| Current Drawdown | -5.98% | -2.91% |
Correlation
The correlation between AI.PA and WMAT.AS is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AI.PA vs. WMAT.AS - Performance Comparison
In the year-to-date period, AI.PA achieves a 4.26% return, which is significantly higher than WMAT.AS's 3.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AI.PA vs. WMAT.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L'Air Liquide S.A. (AI.PA) and SPDR MSCI World Materials UCITS ETF (WMAT.AS). 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.
Dividends
AI.PA vs. WMAT.AS - Dividend Comparison
AI.PA's dividend yield for the trailing twelve months is around 1.61%, while WMAT.AS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AI.PA L'Air Liquide S.A. | 1.61% | 1.67% | 1.99% | 1.79% | 2.01% | 1.91% | 2.44% | 2.25% | 2.40% | 2.46% | 2.25% | 2.43% |
WMAT.AS SPDR MSCI World Materials UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AI.PA vs. WMAT.AS - Drawdown Comparison
The maximum AI.PA drawdown since its inception was -39.78%, which is greater than WMAT.AS's maximum drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for AI.PA and WMAT.AS. For additional features, visit the drawdowns tool.
Volatility
AI.PA vs. WMAT.AS - Volatility Comparison
L'Air Liquide S.A. (AI.PA) has a higher volatility of 4.77% compared to SPDR MSCI World Materials UCITS ETF (WMAT.AS) at 3.10%. This indicates that AI.PA's price experiences larger fluctuations and is considered to be riskier than WMAT.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.