DWX vs. BKIE
Compare and contrast key facts about SPDR S&P International Dividend ETF (DWX) and BNY Mellon International Equity ETF (BKIE).
DWX and BKIE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DWX is a passively managed fund by State Street that tracks the performance of the S&P International Dividend Opportunities Index. It was launched on Feb 12, 2008. BKIE is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Morningstar Developed Markets ex-US Large Cap Index. It was launched on Apr 24, 2020. Both DWX and BKIE 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: DWX or BKIE.
Key characteristics
| DWX | BKIE | |
|---|---|---|
| YTD Return | 4.54% | 6.40% |
| 1Y Return | 12.79% | 17.15% |
| 3Y Return (Ann) | 1.77% | 2.39% |
| Sharpe Ratio | 1.26 | 1.35 |
| Sortino Ratio | 1.82 | 1.94 |
| Omega Ratio | 1.23 | 1.24 |
| Calmar Ratio | 1.34 | 1.98 |
| Martin Ratio | 5.45 | 7.52 |
| Ulcer Index | 2.38% | 2.33% |
| Daily Std Dev | 10.26% | 12.96% |
| Max Drawdown | -66.86% | -28.19% |
| Current Drawdown | -7.28% | -6.70% |
Correlation
The correlation between DWX and BKIE is 0.88, 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
DWX vs. BKIE - Performance Comparison
In the year-to-date period, DWX achieves a 4.54% return, which is significantly lower than BKIE's 6.40% 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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DWX vs. BKIE - Expense Ratio Comparison
DWX has a 0.45% expense ratio, which is higher than BKIE's 0.04% expense ratio.
Risk-Adjusted Performance
DWX vs. BKIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P International Dividend ETF (DWX) and BNY Mellon International Equity ETF (BKIE). 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
DWX vs. BKIE - Dividend Comparison
DWX's dividend yield for the trailing twelve months is around 4.35%, more than BKIE's 2.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWX SPDR S&P International Dividend ETF | 4.35% | 4.12% | 4.68% | 3.89% | 3.84% | 4.40% | 5.06% | 3.85% | 5.26% | 5.81% | 6.02% | 6.85% |
BKIE BNY Mellon International Equity ETF | 2.87% | 2.88% | 2.97% | 2.58% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DWX vs. BKIE - Drawdown Comparison
The maximum DWX drawdown since its inception was -66.86%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for DWX and BKIE. For additional features, visit the drawdowns tool.
Volatility
DWX vs. BKIE - Volatility Comparison
The current volatility for SPDR S&P International Dividend ETF (DWX) is 3.07%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 3.79%. This indicates that DWX experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.