EWSP.L vs. SSAC.L
Compare and contrast key facts about iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) and iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L).
EWSP.L and SSAC.L 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. SSAC.L is a passively managed fund by iShares that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 21, 2011. Both EWSP.L and SSAC.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: EWSP.L or SSAC.L.
Key characteristics
| EWSP.L | SSAC.L | |
|---|---|---|
| YTD Return | 8.57% | 12.09% |
| 1Y Return | 14.01% | 17.16% |
| Sharpe Ratio | 1.48 | 1.81 |
| Daily Std Dev | 10.60% | 10.40% |
| Max Drawdown | -12.48% | -25.43% |
| Current Drawdown | -0.37% | -0.94% |
Correlation
The correlation between EWSP.L and SSAC.L is 0.90, 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.
Performance
EWSP.L vs. SSAC.L - Performance Comparison
In the year-to-date period, EWSP.L achieves a 8.57% return, which is significantly lower than SSAC.L's 12.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EWSP.L vs. SSAC.L - Expense Ratio Comparison
Both EWSP.L and SSAC.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
EWSP.L vs. SSAC.L - 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 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.
Dividends
EWSP.L vs. SSAC.L - Dividend Comparison
Neither EWSP.L nor SSAC.L has paid dividends to shareholders.
Drawdowns
EWSP.L vs. SSAC.L - Drawdown Comparison
The maximum EWSP.L drawdown since its inception was -12.48%, smaller than the maximum SSAC.L drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for EWSP.L and SSAC.L. For additional features, visit the drawdowns tool.
Volatility
EWSP.L vs. SSAC.L - Volatility Comparison
The current volatility for iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) is 3.99%, while iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) has a volatility of 4.38%. This indicates that EWSP.L experiences smaller price fluctuations and is considered to be less risky than SSAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.