IWTR vs. SPY
Compare and contrast key facts about iShares MSCI Water Management Multisector ETF (IWTR) and SPDR S&P 500 ETF (SPY).
IWTR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWTR is a passively managed fund by iShares that tracks the performance of the MSCI ACWI IMI Sustainable Water Transition Extended Capped Index. It was launched on Sep 20, 2022. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both IWTR and SPY 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: IWTR or SPY.
Correlation
The correlation between IWTR and SPY is 0.79, 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
IWTR vs. SPY - Performance Comparison
Key characteristics
IWTR:
0.63
SPY:
1.87
IWTR:
0.94
SPY:
2.52
IWTR:
1.11
SPY:
1.35
IWTR:
0.84
SPY:
2.81
IWTR:
2.17
SPY:
11.69
IWTR:
4.09%
SPY:
2.02%
IWTR:
14.15%
SPY:
12.65%
IWTR:
-15.30%
SPY:
-55.19%
IWTR:
-2.60%
SPY:
0.00%
Returns By Period
In the year-to-date period, IWTR achieves a 5.20% return, which is significantly higher than SPY's 4.58% return.
IWTR
5.20%
3.27%
1.63%
8.69%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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IWTR vs. SPY - Expense Ratio Comparison
IWTR has a 0.47% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
IWTR vs. SPY — Risk-Adjusted Performance Rank
IWTR
SPY
IWTR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Water Management Multisector ETF (IWTR) and SPDR S&P 500 ETF (SPY). 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
IWTR vs. SPY - Dividend Comparison
IWTR's dividend yield for the trailing twelve months is around 3.36%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWTR iShares MSCI Water Management Multisector ETF | 3.36% | 3.54% | 4.43% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IWTR vs. SPY - Drawdown Comparison
The maximum IWTR drawdown since its inception was -15.30%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IWTR and SPY. For additional features, visit the drawdowns tool.
Volatility
IWTR vs. SPY - Volatility Comparison
iShares MSCI Water Management Multisector ETF (IWTR) has a higher volatility of 3.70% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that IWTR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.