GWX vs. SWRD.L
Compare and contrast key facts about SPDR S&P International Small Cap ETF (GWX) and SPDR MSCI World UCITS ETF (SWRD.L).
GWX and SWRD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GWX is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. Under USD2 Billion Index. It was launched on Apr 20, 2007. SWRD.L is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019. Both GWX and SWRD.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: GWX or SWRD.L.
Key characteristics
GWX | SWRD.L | |
---|---|---|
YTD Return | -1.51% | 4.10% |
1Y Return | 4.34% | 20.00% |
3Y Return (Ann) | -4.02% | 5.67% |
5Y Return (Ann) | 2.98% | 10.54% |
Sharpe Ratio | 0.27 | 1.67 |
Daily Std Dev | 13.73% | 11.57% |
Max Drawdown | -63.25% | -34.10% |
Current Drawdown | -16.96% | -4.26% |
Correlation
The correlation between GWX and SWRD.L is 0.63, 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.
Performance
GWX vs. SWRD.L - Performance Comparison
In the year-to-date period, GWX achieves a -1.51% return, which is significantly lower than SWRD.L's 4.10% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GWX vs. SWRD.L - Expense Ratio Comparison
GWX has a 0.40% expense ratio, which is higher than SWRD.L's 0.12% expense ratio.
Risk-Adjusted Performance
GWX vs. SWRD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P International Small Cap ETF (GWX) and SPDR MSCI World UCITS ETF (SWRD.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
GWX vs. SWRD.L - Dividend Comparison
GWX's dividend yield for the trailing twelve months is around 2.68%, while SWRD.L has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SPDR S&P International Small Cap ETF | 2.68% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.64% | 13.53% | 3.06% |
SPDR MSCI World UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GWX vs. SWRD.L - Drawdown Comparison
The maximum GWX drawdown since its inception was -63.25%, which is greater than SWRD.L's maximum drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for GWX and SWRD.L. For additional features, visit the drawdowns tool.
Volatility
GWX vs. SWRD.L - Volatility Comparison
SPDR S&P International Small Cap ETF (GWX) has a higher volatility of 4.03% compared to SPDR MSCI World UCITS ETF (SWRD.L) at 3.71%. This indicates that GWX's price experiences larger fluctuations and is considered to be riskier than SWRD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.