GWX vs. VOO
Compare and contrast key facts about SPDR S&P International Small Cap ETF (GWX) and Vanguard S&P 500 ETF (VOO).
GWX and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both GWX and VOO 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 VOO.
Performance
GWX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, GWX achieves a 0.95% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, GWX has underperformed VOO with an annualized return of 4.36%, while VOO has yielded a comparatively higher 13.18% annualized return.
GWX
0.95%
-3.24%
-0.46%
9.04%
3.20%
4.36%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| GWX | VOO | |
|---|---|---|
| Sharpe Ratio | 0.66 | 2.70 |
| Sortino Ratio | 0.99 | 3.60 |
| Omega Ratio | 1.12 | 1.50 |
| Calmar Ratio | 0.43 | 3.90 |
| Martin Ratio | 2.99 | 17.65 |
| Ulcer Index | 3.16% | 1.86% |
| Daily Std Dev | 14.38% | 12.19% |
| Max Drawdown | -63.25% | -33.99% |
| Current Drawdown | -14.89% | -0.86% |
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GWX vs. VOO - Expense Ratio Comparison
GWX has a 0.40% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between GWX and VOO is 0.78, 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.
Risk-Adjusted Performance
GWX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P International Small Cap ETF (GWX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
GWX's dividend yield for the trailing twelve months is around 2.57%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWX SPDR S&P International Small Cap ETF | 2.57% | 2.64% | 2.71% | 2.75% | 1.74% | 3.41% | 2.94% | 5.18% | 4.21% | 2.67% | 13.53% | 3.06% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GWX vs. VOO - Drawdown Comparison
The maximum GWX drawdown since its inception was -63.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GWX and VOO. For additional features, visit the drawdowns tool.
Volatility
GWX vs. VOO - Volatility Comparison
The current volatility for SPDR S&P International Small Cap ETF (GWX) is 3.41%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. This indicates that GWX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.