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CGW vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGW and IVV is 0.80, 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.


-0.50.00.51.00.8

Performance

CGW vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Global Water Index ETF (CGW) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

200.00%250.00%300.00%350.00%400.00%450.00%JulyAugustSeptemberOctoberNovemberDecember
218.06%
453.64%
CGW
IVV

Key characteristics

Sharpe Ratio

CGW:

0.52

IVV:

2.25

Sortino Ratio

CGW:

0.81

IVV:

2.98

Omega Ratio

CGW:

1.10

IVV:

1.42

Calmar Ratio

CGW:

0.51

IVV:

3.32

Martin Ratio

CGW:

2.18

IVV:

14.68

Ulcer Index

CGW:

3.31%

IVV:

1.90%

Daily Std Dev

CGW:

13.85%

IVV:

12.43%

Max Drawdown

CGW:

-57.24%

IVV:

-55.25%

Current Drawdown

CGW:

-8.87%

IVV:

-2.52%

Returns By Period

In the year-to-date period, CGW achieves a 5.21% return, which is significantly lower than IVV's 25.92% return. Over the past 10 years, CGW has underperformed IVV with an annualized return of 8.59%, while IVV has yielded a comparatively higher 13.05% annualized return.


CGW

YTD

5.21%

1M

-4.88%

6M

-0.50%

1Y

6.05%

5Y*

7.74%

10Y*

8.59%

IVV

YTD

25.92%

1M

0.33%

6M

9.27%

1Y

26.64%

5Y*

14.77%

10Y*

13.05%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CGW vs. IVV - Expense Ratio Comparison

CGW has a 0.57% expense ratio, which is higher than IVV's 0.03% expense ratio.


CGW
Invesco S&P Global Water Index ETF
Expense ratio chart for CGW: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%
Expense ratio chart for IVV: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

CGW vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Global Water Index ETF (CGW) and iShares Core S&P 500 ETF (IVV). 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.


Sharpe ratio
The chart of Sharpe ratio for CGW, currently valued at 0.52, compared to the broader market0.002.004.000.522.25
The chart of Sortino ratio for CGW, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.0010.000.812.98
The chart of Omega ratio for CGW, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.101.42
The chart of Calmar ratio for CGW, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.513.32
The chart of Martin ratio for CGW, currently valued at 2.18, compared to the broader market0.0020.0040.0060.0080.00100.002.1814.68
CGW
IVV

The current CGW Sharpe Ratio is 0.52, which is lower than the IVV Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of CGW and IVV, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.52
2.25
CGW
IVV

Dividends

CGW vs. IVV - Dividend Comparison

CGW has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.29%.


TTM20232022202120202019201820172016201520142013
CGW
Invesco S&P Global Water Index ETF
0.00%1.55%1.45%1.59%1.41%1.48%2.14%1.71%1.65%1.67%1.77%1.52%
IVV
iShares Core S&P 500 ETF
1.29%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

CGW vs. IVV - Drawdown Comparison

The maximum CGW drawdown since its inception was -57.24%, roughly equal to the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CGW and IVV. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.87%
-2.52%
CGW
IVV

Volatility

CGW vs. IVV - Volatility Comparison

Invesco S&P Global Water Index ETF (CGW) has a higher volatility of 4.47% compared to iShares Core S&P 500 ETF (IVV) at 3.75%. This indicates that CGW's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.47%
3.75%
CGW
IVV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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