FNCW.L vs. XDWF.DE
Compare and contrast key facts about SPDR MSCI World Financials UCITS ETF (FNCW.L) and Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.DE).
FNCW.L and XDWF.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNCW.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Financials NR USD. It was launched on Apr 29, 2016. XDWF.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI World Financials. It was launched on Mar 4, 2016. Both FNCW.L and XDWF.DE 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: FNCW.L or XDWF.DE.
Key characteristics
| FNCW.L | XDWF.DE | |
|---|---|---|
| YTD Return | 29.12% | 35.15% |
| 1Y Return | 38.56% | 45.40% |
| Sharpe Ratio | 3.18 | 3.52 |
| Sortino Ratio | 4.47 | 4.65 |
| Omega Ratio | 1.63 | 1.73 |
| Calmar Ratio | 5.21 | 4.97 |
| Martin Ratio | 22.29 | 25.64 |
| Ulcer Index | 1.70% | 1.74% |
| Daily Std Dev | 11.87% | 12.59% |
| Max Drawdown | -15.91% | -42.06% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FNCW.L and XDWF.DE is 0.94, 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
FNCW.L vs. XDWF.DE - Performance Comparison
In the year-to-date period, FNCW.L achieves a 29.12% return, which is significantly lower than XDWF.DE's 35.15% 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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FNCW.L vs. XDWF.DE - Expense Ratio Comparison
FNCW.L has a 0.30% expense ratio, which is higher than XDWF.DE's 0.25% expense ratio.
Risk-Adjusted Performance
FNCW.L vs. XDWF.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Financials UCITS ETF (FNCW.L) and Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.DE). 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
FNCW.L vs. XDWF.DE - Dividend Comparison
Neither FNCW.L nor XDWF.DE has paid dividends to shareholders.
Drawdowns
FNCW.L vs. XDWF.DE - Drawdown Comparison
The maximum FNCW.L drawdown since its inception was -15.91%, smaller than the maximum XDWF.DE drawdown of -42.06%. Use the drawdown chart below to compare losses from any high point for FNCW.L and XDWF.DE. For additional features, visit the drawdowns tool.
Volatility
FNCW.L vs. XDWF.DE - Volatility Comparison
The current volatility for SPDR MSCI World Financials UCITS ETF (FNCW.L) is 4.12%, while Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.DE) has a volatility of 4.41%. This indicates that FNCW.L experiences smaller price fluctuations and is considered to be less risky than XDWF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.