Correlation
The correlation between ESIF.L and SPX4.L is 0.45, 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.
ESIF.L vs. SPX4.L
Compare and contrast key facts about iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) and SPDR S&P 400 US Mid Cap UCITS ETF (SPX4.L).
ESIF.L and SPX4.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESIF.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Financials NR USD. It was launched on Nov 18, 2020. SPX4.L is a passively managed fund by State Street that tracks the performance of the Russell Mid Cap TR USD. It was launched on Jan 30, 2012. Both ESIF.L and SPX4.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: ESIF.L or SPX4.L.
Performance
ESIF.L vs. SPX4.L - Performance Comparison
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Key characteristics
ESIF.L:
1.91
SPX4.L:
-0.26
ESIF.L:
2.46
SPX4.L:
-0.22
ESIF.L:
1.36
SPX4.L:
0.97
ESIF.L:
2.33
SPX4.L:
-0.19
ESIF.L:
11.79
SPX4.L:
-0.53
ESIF.L:
2.82%
SPX4.L:
9.47%
ESIF.L:
17.16%
SPX4.L:
19.80%
ESIF.L:
-23.55%
SPX4.L:
-26.24%
ESIF.L:
-0.99%
SPX4.L:
-18.49%
Returns By Period
In the year-to-date period, ESIF.L achieves a 26.55% return, which is significantly higher than SPX4.L's -11.74% return.
ESIF.L
26.55%
5.57%
29.03%
32.92%
23.84%
N/A
N/A
SPX4.L
-11.74%
3.80%
-18.49%
-4.99%
6.56%
N/A
N/A
Compare stocks, funds, or ETFs
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ESIF.L vs. SPX4.L - Expense Ratio Comparison
ESIF.L has a 0.18% expense ratio, which is lower than SPX4.L's 0.30% expense ratio.
Risk-Adjusted Performance
ESIF.L vs. SPX4.L — Risk-Adjusted Performance Rank
ESIF.L
SPX4.L
ESIF.L vs. SPX4.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) and SPDR S&P 400 US Mid Cap UCITS ETF (SPX4.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.
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Dividends
ESIF.L vs. SPX4.L - Dividend Comparison
Neither ESIF.L nor SPX4.L has paid dividends to shareholders.
Drawdowns
ESIF.L vs. SPX4.L - Drawdown Comparison
The maximum ESIF.L drawdown since its inception was -23.55%, smaller than the maximum SPX4.L drawdown of -26.24%. Use the drawdown chart below to compare losses from any high point for ESIF.L and SPX4.L.
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Volatility
ESIF.L vs. SPX4.L - Volatility Comparison
The current volatility for iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) is 3.20%, while SPDR S&P 400 US Mid Cap UCITS ETF (SPX4.L) has a volatility of 5.98%. This indicates that ESIF.L experiences smaller price fluctuations and is considered to be less risky than SPX4.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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