ENGE.L vs. XDWT.L
Compare and contrast key facts about SPDR MSCI Europe Energy UCITS ETF (ENGE.L) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L).
ENGE.L and XDWT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENGE.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Energy NR USD. It was launched on Dec 5, 2014. XDWT.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 9, 2016. Both ENGE.L and XDWT.L 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: ENGE.L or XDWT.L.
Correlation
The correlation between ENGE.L and XDWT.L is 0.27, 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.
Performance
ENGE.L vs. XDWT.L - Performance Comparison
Key characteristics
ENGE.L:
-0.88
XDWT.L:
0.46
ENGE.L:
-1.13
XDWT.L:
0.78
ENGE.L:
0.85
XDWT.L:
1.10
ENGE.L:
-0.72
XDWT.L:
0.47
ENGE.L:
-1.47
XDWT.L:
1.55
ENGE.L:
12.51%
XDWT.L:
7.85%
ENGE.L:
19.77%
XDWT.L:
26.62%
ENGE.L:
-25.54%
XDWT.L:
-35.99%
ENGE.L:
-20.61%
XDWT.L:
-10.22%
Returns By Period
In the year-to-date period, ENGE.L achieves a -2.18% return, which is significantly higher than XDWT.L's -7.99% return.
ENGE.L
-2.18%
2.22%
-4.57%
-17.58%
N/A
N/A
XDWT.L
-7.99%
15.85%
-6.59%
12.31%
19.33%
N/A
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ENGE.L vs. XDWT.L - Expense Ratio Comparison
ENGE.L has a 0.18% expense ratio, which is lower than XDWT.L's 0.25% 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%.
Risk-Adjusted Performance
ENGE.L vs. XDWT.L — Risk-Adjusted Performance Rank
ENGE.L
XDWT.L
ENGE.L vs. XDWT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Energy UCITS ETF (ENGE.L) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.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.
Dividends
ENGE.L vs. XDWT.L - Dividend Comparison
Neither ENGE.L nor XDWT.L has paid dividends to shareholders.
Drawdowns
ENGE.L vs. XDWT.L - Drawdown Comparison
The maximum ENGE.L drawdown since its inception was -25.54%, smaller than the maximum XDWT.L drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for ENGE.L and XDWT.L. For additional features, visit the drawdowns tool.
Volatility
ENGE.L vs. XDWT.L - Volatility Comparison
The current volatility for SPDR MSCI Europe Energy UCITS ETF (ENGE.L) is 9.71%, while Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a volatility of 12.36%. This indicates that ENGE.L experiences smaller price fluctuations and is considered to be less risky than XDWT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.