AQWA vs. WATL.L
Compare and contrast key facts about Global X Clean Water ETF (AQWA) and Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L).
AQWA and WATL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AQWA is a passively managed fund by Global X that tracks the performance of the Solactive Global Clean Water Industry Index. It was launched on Apr 8, 2021. WATL.L is a passively managed fund by Amundi that tracks the performance of the S&P Global Water TR. It was launched on Oct 10, 2007. Both AQWA and WATL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQWA or WATL.L.
Key characteristics
| AQWA | WATL.L | |
|---|---|---|
| YTD Return | 10.96% | 11.20% |
| 1Y Return | 26.08% | 19.85% |
| 3Y Return (Ann) | 3.03% | 4.11% |
| Sharpe Ratio | 1.75 | 1.74 |
| Sortino Ratio | 2.54 | 2.52 |
| Omega Ratio | 1.30 | 1.30 |
| Calmar Ratio | 1.67 | 2.31 |
| Martin Ratio | 8.00 | 5.16 |
| Ulcer Index | 3.20% | 3.74% |
| Daily Std Dev | 14.62% | 11.09% |
| Max Drawdown | -29.44% | -28.96% |
| Current Drawdown | -2.75% | -1.41% |
Correlation
The correlation between AQWA and WATL.L is 0.65, 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
AQWA vs. WATL.L - Performance Comparison
The year-to-date returns for both investments are quite close, with AQWA having a 10.96% return and WATL.L slightly higher at 11.20%. 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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AQWA vs. WATL.L - Expense Ratio Comparison
AQWA has a 0.50% expense ratio, which is lower than WATL.L's 0.60% expense ratio.
Risk-Adjusted Performance
AQWA vs. WATL.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) and Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L). 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
AQWA vs. WATL.L - Dividend Comparison
AQWA's dividend yield for the trailing twelve months is around 1.25%, more than WATL.L's 0.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQWA Global X Clean Water ETF | 1.25% | 1.53% | 1.56% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WATL.L Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist | 0.76% | 0.84% | 0.42% | 0.63% | 1.22% | 1.59% | 2.06% | 1.60% | 2.21% | 2.43% | 1.17% | 1.84% |
Drawdowns
AQWA vs. WATL.L - Drawdown Comparison
The maximum AQWA drawdown since its inception was -29.44%, roughly equal to the maximum WATL.L drawdown of -28.96%. Use the drawdown chart below to compare losses from any high point for AQWA and WATL.L. For additional features, visit the drawdowns tool.
Volatility
AQWA vs. WATL.L - Volatility Comparison
Global X Clean Water ETF (AQWA) has a higher volatility of 4.39% compared to Lyxor MSCI Water ESG Filtered (DR) UCITS ETF Dist (WATL.L) at 2.99%. This indicates that AQWA's price experiences larger fluctuations and is considered to be riskier than WATL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.