ENGY.L vs. SWRD.L
Compare and contrast key facts about SPDR® MSCI Europe Energy UCITS ETF (ENGY.L) and SPDR MSCI World UCITS ETF (SWRD.L).
ENGY.L and SWRD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENGY.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. SWRD.L is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019. Both ENGY.L and SWRD.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: ENGY.L or SWRD.L.
Key characteristics
| ENGY.L | SWRD.L | |
|---|---|---|
| YTD Return | -3.87% | 21.28% |
| 1Y Return | -4.72% | 34.00% |
| 3Y Return (Ann) | 12.75% | 7.57% |
| 5Y Return (Ann) | 5.67% | 12.78% |
| Sharpe Ratio | -0.36 | 2.86 |
| Sortino Ratio | -0.38 | 3.99 |
| Omega Ratio | 0.95 | 1.53 |
| Calmar Ratio | -0.36 | 4.00 |
| Martin Ratio | -0.78 | 18.69 |
| Ulcer Index | 8.02% | 1.76% |
| Daily Std Dev | 17.14% | 11.46% |
| Max Drawdown | -58.70% | -34.10% |
| Current Drawdown | -15.53% | 0.00% |
Correlation
The correlation between ENGY.L and SWRD.L is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ENGY.L vs. SWRD.L - Performance Comparison
In the year-to-date period, ENGY.L achieves a -3.87% return, which is significantly lower than SWRD.L's 21.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ENGY.L vs. SWRD.L - Expense Ratio Comparison
ENGY.L has a 0.18% expense ratio, which is higher than SWRD.L's 0.12% expense ratio. However, 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
ENGY.L vs. SWRD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR® MSCI Europe Energy UCITS ETF (ENGY.L) and SPDR MSCI World UCITS ETF (SWRD.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
ENGY.L vs. SWRD.L - Dividend Comparison
Neither ENGY.L nor SWRD.L has paid dividends to shareholders.
Drawdowns
ENGY.L vs. SWRD.L - Drawdown Comparison
The maximum ENGY.L drawdown since its inception was -58.70%, which is greater than SWRD.L's maximum drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for ENGY.L and SWRD.L. For additional features, visit the drawdowns tool.
Volatility
ENGY.L vs. SWRD.L - Volatility Comparison
SPDR® MSCI Europe Energy UCITS ETF (ENGY.L) has a higher volatility of 6.11% compared to SPDR MSCI World UCITS ETF (SWRD.L) at 3.08%. This indicates that ENGY.L's price experiences larger fluctuations and is considered to be riskier than SWRD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.