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AQWA vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AQWA and SPY is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

AQWA vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Clean Water ETF (AQWA) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
21.80%
40.58%
AQWA
SPY

Key characteristics

Sharpe Ratio

AQWA:

0.34

SPY:

0.54

Sortino Ratio

AQWA:

0.62

SPY:

0.89

Omega Ratio

AQWA:

1.07

SPY:

1.13

Calmar Ratio

AQWA:

0.41

SPY:

0.58

Martin Ratio

AQWA:

1.09

SPY:

2.39

Ulcer Index

AQWA:

5.39%

SPY:

4.51%

Daily Std Dev

AQWA:

17.12%

SPY:

20.07%

Max Drawdown

AQWA:

-29.44%

SPY:

-55.19%

Current Drawdown

AQWA:

-4.26%

SPY:

-10.54%

Returns By Period

In the year-to-date period, AQWA achieves a 4.69% return, which is significantly higher than SPY's -6.44% return.


AQWA

YTD

4.69%

1M

3.11%

6M

-1.23%

1Y

5.04%

5Y*

N/A

10Y*

N/A

SPY

YTD

-6.44%

1M

-5.00%

6M

-5.02%

1Y

9.54%

5Y*

15.80%

10Y*

11.95%

*Annualized

Compare stocks, funds, or ETFs

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AQWA vs. SPY - Expense Ratio Comparison

AQWA has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.


Expense ratio chart for AQWA: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AQWA: 0.50%
Expense ratio chart for SPY: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPY: 0.09%

Risk-Adjusted Performance

AQWA vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AQWA
The Risk-Adjusted Performance Rank of AQWA is 4848
Overall Rank
The Sharpe Ratio Rank of AQWA is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of AQWA is 4848
Sortino Ratio Rank
The Omega Ratio Rank of AQWA is 4343
Omega Ratio Rank
The Calmar Ratio Rank of AQWA is 5656
Calmar Ratio Rank
The Martin Ratio Rank of AQWA is 4545
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6565
Overall Rank
The Sharpe Ratio Rank of SPY is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6464
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6565
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6969
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AQWA vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) 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.


The chart of Sharpe ratio for AQWA, currently valued at 0.34, compared to the broader market-1.000.001.002.003.004.00
AQWA: 0.34
SPY: 0.54
The chart of Sortino ratio for AQWA, currently valued at 0.62, compared to the broader market-2.000.002.004.006.008.00
AQWA: 0.62
SPY: 0.89
The chart of Omega ratio for AQWA, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
AQWA: 1.07
SPY: 1.13
The chart of Calmar ratio for AQWA, currently valued at 0.41, compared to the broader market0.002.004.006.008.0010.0012.00
AQWA: 0.41
SPY: 0.58
The chart of Martin ratio for AQWA, currently valued at 1.09, compared to the broader market0.0020.0040.0060.00
AQWA: 1.09
SPY: 2.39

The current AQWA Sharpe Ratio is 0.34, which is lower than the SPY Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of AQWA and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.34
0.54
AQWA
SPY

Dividends

AQWA vs. SPY - Dividend Comparison

AQWA's dividend yield for the trailing twelve months is around 1.34%, more than SPY's 1.31% yield.


TTM20242023202220212020201920182017201620152014
AQWA
Global X Clean Water ETF
1.34%1.40%1.53%1.56%1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.31%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

AQWA vs. SPY - Drawdown Comparison

The maximum AQWA drawdown since its inception was -29.44%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AQWA and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-4.26%
-10.54%
AQWA
SPY

Volatility

AQWA vs. SPY - Volatility Comparison

The current volatility for Global X Clean Water ETF (AQWA) is 9.10%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that AQWA 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.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
9.10%
15.13%
AQWA
SPY