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EMSM.L vs. SSAC.L
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

EMSM.L vs. SSAC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI Emerging Markets Small Cap UCITS ETF (EMSM.L) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-5.10%
7.18%
EMSM.L
SSAC.L

Returns By Period

In the year-to-date period, EMSM.L achieves a 2.58% return, which is significantly lower than SSAC.L's 18.74% return. Over the past 10 years, EMSM.L has underperformed SSAC.L with an annualized return of 7.15%, while SSAC.L has yielded a comparatively higher 11.31% annualized return.


EMSM.L

YTD

2.58%

1M

-4.00%

6M

-4.90%

1Y

5.42%

5Y (annualized)

9.23%

10Y (annualized)

7.15%

SSAC.L

YTD

18.74%

1M

2.08%

6M

7.41%

1Y

23.34%

5Y (annualized)

11.55%

10Y (annualized)

11.31%

Key characteristics


EMSM.LSSAC.L
Sharpe Ratio0.432.35
Sortino Ratio0.623.28
Omega Ratio1.091.45
Calmar Ratio0.533.66
Martin Ratio1.7116.22
Ulcer Index2.89%1.43%
Daily Std Dev11.57%9.86%
Max Drawdown-37.81%-25.43%
Current Drawdown-6.46%-0.37%

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EMSM.L vs. SSAC.L - Expense Ratio Comparison

EMSM.L has a 0.55% expense ratio, which is higher than SSAC.L's 0.20% expense ratio.


EMSM.L
SPDR MSCI Emerging Markets Small Cap UCITS ETF
Expense ratio chart for EMSM.L: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for SSAC.L: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.7

The correlation between EMSM.L and SSAC.L is 0.72, 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.

Risk-Adjusted Performance

EMSM.L vs. SSAC.L - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets Small Cap UCITS ETF (EMSM.L) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.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.


Sharpe ratio
The chart of Sharpe ratio for EMSM.L, currently valued at 0.49, compared to the broader market0.002.004.006.000.492.29
The chart of Sortino ratio for EMSM.L, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.713.20
The chart of Omega ratio for EMSM.L, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.101.42
The chart of Calmar ratio for EMSM.L, currently valued at 0.61, compared to the broader market0.005.0010.0015.000.613.22
The chart of Martin ratio for EMSM.L, currently valued at 2.28, compared to the broader market0.0020.0040.0060.0080.00100.002.2814.21
EMSM.L
SSAC.L

The current EMSM.L Sharpe Ratio is 0.43, which is lower than the SSAC.L Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of EMSM.L and SSAC.L, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
0.49
2.29
EMSM.L
SSAC.L

Dividends

EMSM.L vs. SSAC.L - Dividend Comparison

Neither EMSM.L nor SSAC.L has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

EMSM.L vs. SSAC.L - Drawdown Comparison

The maximum EMSM.L drawdown since its inception was -37.81%, which is greater than SSAC.L's maximum drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for EMSM.L and SSAC.L. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.38%
-1.50%
EMSM.L
SSAC.L

Volatility

EMSM.L vs. SSAC.L - Volatility Comparison

SPDR MSCI Emerging Markets Small Cap UCITS ETF (EMSM.L) has a higher volatility of 4.07% compared to iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) at 3.24%. This indicates that EMSM.L's price experiences larger fluctuations and is considered to be riskier than SSAC.L 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%7.00%JuneJulyAugustSeptemberOctoberNovember
4.07%
3.24%
EMSM.L
SSAC.L