CHSPI.SW vs. WMTS.SW

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core SPI® ETF (CH) (CHSPI.SW) and iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD (WMTS.SW).

CHSPI.SW and WMTS.SW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHSPI.SW is a passively managed fund by iShares that tracks the performance of the Swiss Performance Index. It was launched on Apr 28, 2014. WMTS.SW is a passively managed fund by iShares that tracks the performance of the MSCI World Materials Advanced Select 20 35 Capped Index. It was launched on Apr 7, 2022. Both CHSPI.SW and WMTS.SW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CHSPI.SW vs. WMTS.SW - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in iShares Core SPI® ETF (CH) (CHSPI.SW) and iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD (WMTS.SW). The values are adjusted to include any dividend payments, if applicable.

CHSPI.SW vs. WMTS.SW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CHSPI.SW iShares Core SPI® ETF (CH)	-0.28%	17.87%	5.72%	5.96%	-0.70%
WMTS.SW iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD	8.89%	10.19%	5.15%	-9.85%	5.30%

Different Trading Currencies

CHSPI.SW is traded in CHF, while WMTS.SW is traded in USD. To make them comparable, the WMTS.SW values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, CHSPI.SW achieves a -0.28% return, which is significantly lower than WMTS.SW's 8.89% return.

CHSPI.SW

• 1D: 1.69%
• 1M: -4.95%
• YTD: -0.28%
• 6M: 6.84%
• 1Y: 7.35%
• 3Y*: 7.59%
• 5Y*: 5.07%
• 10Y*: 8.09%

WMTS.SW

• 1D: 2.80%
• 1M: -5.61%
• YTD: 8.89%
• 6M: 13.95%
• 1Y: 16.92%
• 3Y*: 6.32%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHSPI.SW vs. WMTS.SW - Expense Ratio Comparison

CHSPI.SW has a 0.10% expense ratio, which is lower than WMTS.SW's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

WMTS.SW

iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD

CHSPI.SW

iShares Core SPI® ETF (CH)

Return for Risk

CHSPI.SW vs. WMTS.SW — Risk / Return Rank

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

CHSPI.SW

CHSPI.SW Risk / Return Rank: 24
CHSPI.SW Sharpe Ratio Rank: 26
CHSPI.SW Sortino Ratio Rank: 23
CHSPI.SW Omega Ratio Rank: 26
CHSPI.SW Calmar Ratio Rank: 21
CHSPI.SW Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHSPI.SW vs. WMTS.SW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core SPI® ETF (CH) (CHSPI.SW) and iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD (WMTS.SW). 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.

	CHSPI.SW	WMTS.SW	Difference
Sharpe ratio Return per unit of total volatility	0.49	1.28	-0.79
Sortino ratio Return per unit of downside risk	0.72	2.00	-1.28
Omega ratio Gain probability vs. loss probability	1.12	1.29	-0.17
Calmar ratio Return relative to maximum drawdown	0.43	—	—
Martin ratio Return relative to average drawdown	1.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHSPI.SW vs. WMTS.SW - Sharpe Ratio Comparison

The current CHSPI.SW Sharpe Ratio is 0.49, which is lower than the WMTS.SW Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of CHSPI.SW and WMTS.SW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHSPI.SW	WMTS.SW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	1.28	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.64	-0.19

Correlation

The correlation between CHSPI.SW and WMTS.SW is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CHSPI.SW vs. WMTS.SW - Dividend Comparison

CHSPI.SW's dividend yield for the trailing twelve months is around 2.85%, more than WMTS.SW's 1.42% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHSPI.SW iShares Core SPI® ETF (CH)	2.85%	2.65%	2.98%	2.94%	2.84%	2.27%	2.59%	2.66%	2.59%	2.71%	3.15%	2.67%
WMTS.SW iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD	1.42%	1.53%	2.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CHSPI.SW vs. WMTS.SW - Drawdown Comparison

The maximum CHSPI.SW drawdown since its inception was -26.58%, which is greater than WMTS.SW's maximum drawdown of -23.11%. Use the drawdown chart below to compare losses from any high point for CHSPI.SW and WMTS.SW.

Drawdown Indicators

	CHSPI.SW	WMTS.SW	Difference
Max Drawdown Largest peak-to-trough decline	-26.58%	-17.25%	-9.33%
Max Drawdown (1Y) Largest decline over 1 year	-13.14%	-15.60%	+2.46%
Max Drawdown (5Y) Largest decline over 5 years	-21.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.58%	—	—
Current Drawdown Current decline from peak	-5.45%	-8.40%	+2.95%
Average Drawdown Average peak-to-trough decline	-5.72%	-4.15%	-1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.65%	—	—

Volatility

CHSPI.SW vs. WMTS.SW - Volatility Comparison

The current volatility for iShares Core SPI® ETF (CH) (CHSPI.SW) is 5.76%, while iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD (WMTS.SW) has a volatility of 10.60%. This indicates that CHSPI.SW experiences smaller price fluctuations and is considered to be less risky than WMTS.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHSPI.SW	WMTS.SW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	10.60%	-4.84%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.12%	35.62%	-20.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.45%	38.45%	-25.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.26%	38.45%	-24.19%