EWSP.L vs. XDWE.L
Compare and contrast key facts about iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L).
EWSP.L and XDWE.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. XDWE.L is a passively managed fund by Xtrackers that tracks the performance of the Russell 1000 TR USD. It was launched on Jun 10, 2014. Both EWSP.L and XDWE.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 XDWE.L.
Key characteristics
| EWSP.L | XDWE.L | |
|---|---|---|
| YTD Return | 8.98% | 8.97% |
| 1Y Return | 14.74% | 14.78% |
| Sharpe Ratio | 1.44 | 1.43 |
| Daily Std Dev | 10.59% | 10.63% |
| Max Drawdown | -12.48% | -31.08% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between EWSP.L and XDWE.L is 1.00, 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. XDWE.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with EWSP.L having a 8.98% return and XDWE.L slightly lower at 8.97%. 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. XDWE.L - Expense Ratio Comparison
Both EWSP.L and XDWE.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. XDWE.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 Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.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. XDWE.L - Dividend Comparison
Neither EWSP.L nor XDWE.L has paid dividends to shareholders.
Drawdowns
EWSP.L vs. XDWE.L - Drawdown Comparison
The maximum EWSP.L drawdown since its inception was -12.48%, smaller than the maximum XDWE.L drawdown of -31.08%. Use the drawdown chart below to compare losses from any high point for EWSP.L and XDWE.L. For additional features, visit the drawdowns tool.
Volatility
EWSP.L vs. XDWE.L - Volatility Comparison
iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) have volatilities of 3.78% and 3.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.