AYEW.DE vs. WTCH.AS
Compare and contrast key facts about iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) and SPDR MSCI World Technology UCITS ETF (WTCH.AS).
AYEW.DE and WTCH.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AYEW.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. It was launched on Oct 16, 2019. WTCH.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Apr 29, 2016. Both AYEW.DE and WTCH.AS 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: AYEW.DE or WTCH.AS.
Key characteristics
| AYEW.DE | WTCH.AS | |
|---|---|---|
| YTD Return | 17.71% | 21.81% |
| 1Y Return | 32.39% | 35.04% |
| 3Y Return (Ann) | 13.29% | 13.62% |
| Sharpe Ratio | 1.64 | 1.83 |
| Daily Std Dev | 20.91% | 20.00% |
| Max Drawdown | -31.36% | -31.28% |
| Current Drawdown | -10.62% | -9.66% |
Correlation
The correlation between AYEW.DE and WTCH.AS is 0.98, 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
AYEW.DE vs. WTCH.AS - Performance Comparison
In the year-to-date period, AYEW.DE achieves a 17.71% return, which is significantly lower than WTCH.AS's 21.81% 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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AYEW.DE vs. WTCH.AS - Expense Ratio Comparison
AYEW.DE has a 0.18% expense ratio, which is lower than WTCH.AS's 0.30% expense ratio.
Risk-Adjusted Performance
AYEW.DE vs. WTCH.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) and SPDR MSCI World Technology UCITS ETF (WTCH.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
AYEW.DE vs. WTCH.AS - Dividend Comparison
AYEW.DE's dividend yield for the trailing twelve months is around 0.41%, while WTCH.AS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.41% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
WTCH.AS SPDR MSCI World Technology UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AYEW.DE vs. WTCH.AS - Drawdown Comparison
The maximum AYEW.DE drawdown since its inception was -31.36%, roughly equal to the maximum WTCH.AS drawdown of -31.28%. Use the drawdown chart below to compare losses from any high point for AYEW.DE and WTCH.AS. For additional features, visit the drawdowns tool.
Volatility
AYEW.DE vs. WTCH.AS - Volatility Comparison
iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) and SPDR MSCI World Technology UCITS ETF (WTCH.AS) have volatilities of 7.11% and 7.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.