IMFL vs. SPDW
Compare and contrast key facts about Invesco International Developed Dynamic Multifactor ETF (IMFL) and SPDR Portfolio World ex-US ETF (SPDW).
IMFL and SPDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IMFL is a passively managed fund by Invesco that tracks the performance of the FTSE Developed ex US Invesco Dynamic Multifactor Index. It was launched on Feb 24, 2021. SPDW is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. BMI Index. It was launched on Apr 26, 2007. Both IMFL and SPDW 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: IMFL or SPDW.
Correlation
The correlation between IMFL and SPDW is 0.93, 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
IMFL vs. SPDW - Performance Comparison
Key characteristics
IMFL:
-0.21
SPDW:
0.32
IMFL:
-0.20
SPDW:
0.52
IMFL:
0.98
SPDW:
1.06
IMFL:
-0.28
SPDW:
0.42
IMFL:
-0.68
SPDW:
1.06
IMFL:
4.39%
SPDW:
3.81%
IMFL:
14.07%
SPDW:
12.76%
IMFL:
-33.25%
SPDW:
-60.02%
IMFL:
-10.57%
SPDW:
-9.32%
Returns By Period
In the year-to-date period, IMFL achieves a -0.60% return, which is significantly lower than SPDW's -0.53% return.
IMFL
-0.60%
-4.36%
-7.94%
-3.12%
N/A
N/A
SPDW
-0.53%
-3.45%
-5.70%
3.64%
4.35%
5.34%
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IMFL vs. SPDW - Expense Ratio Comparison
IMFL has a 0.34% expense ratio, which is higher than SPDW's 0.04% expense ratio.
Risk-Adjusted Performance
IMFL vs. SPDW — Risk-Adjusted Performance Rank
IMFL
SPDW
IMFL vs. SPDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Developed Dynamic Multifactor ETF (IMFL) and SPDR Portfolio World ex-US ETF (SPDW). 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
IMFL vs. SPDW - Dividend Comparison
IMFL's dividend yield for the trailing twelve months is around 3.58%, more than SPDW's 3.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMFL Invesco International Developed Dynamic Multifactor ETF | 3.58% | 3.56% | 3.85% | 3.36% | 3.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDW SPDR Portfolio World ex-US ETF | 3.21% | 3.19% | 2.75% | 3.12% | 3.04% | 1.87% | 3.13% | 3.08% | 1.86% | 3.11% | 2.79% | 3.51% |
Drawdowns
IMFL vs. SPDW - Drawdown Comparison
The maximum IMFL drawdown since its inception was -33.25%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for IMFL and SPDW. For additional features, visit the drawdowns tool.
Volatility
IMFL vs. SPDW - Volatility Comparison
Invesco International Developed Dynamic Multifactor ETF (IMFL) and SPDR Portfolio World ex-US ETF (SPDW) have volatilities of 3.60% and 3.46%, 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.