EWSP.L vs. SPY
Compare and contrast key facts about iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) and SPDR S&P 500 ETF (SPY).
EWSP.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWSP.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 TR USD. It was launched on Aug 2, 2022. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both EWSP.L and SPY 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: EWSP.L or SPY.
Performance
EWSP.L vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, EWSP.L achieves a 46.97% return, which is significantly higher than SPY's 24.91% return.
EWSP.L
46.97%
30.00%
37.40%
57.04%
N/A
N/A
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| EWSP.L | SPY | |
|---|---|---|
| Sharpe Ratio | 2.04 | 2.67 |
| Sortino Ratio | 7.61 | 3.56 |
| Omega Ratio | 1.97 | 1.50 |
| Calmar Ratio | 7.01 | 3.85 |
| Martin Ratio | 28.60 | 17.38 |
| Ulcer Index | 2.00% | 1.86% |
| Daily Std Dev | 28.08% | 12.17% |
| Max Drawdown | -12.48% | -55.19% |
| Current Drawdown | 0.00% | -1.77% |
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EWSP.L vs. SPY - Expense Ratio Comparison
EWSP.L has a 0.20% expense ratio, which is higher than SPY's 0.09% 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%.
Correlation
The correlation between EWSP.L and SPY is 0.62, 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.
Risk-Adjusted Performance
EWSP.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) and SPDR S&P 500 ETF (SPY). 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
EWSP.L vs. SPY - Dividend Comparison
EWSP.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWSP.L iShares S&P 500 Equal Weight UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
EWSP.L vs. SPY - Drawdown Comparison
The maximum EWSP.L drawdown since its inception was -12.48%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EWSP.L and SPY. For additional features, visit the drawdowns tool.
Volatility
EWSP.L vs. SPY - Volatility Comparison
iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) has a higher volatility of 24.06% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that EWSP.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.