IXG vs. WFIN.AS
Compare and contrast key facts about iShares Global Financials ETF (IXG) and SPDR MSCI World Financials UCITS ETF (WFIN.AS).
IXG and WFIN.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IXG is a passively managed fund by iShares that tracks the performance of the S&P Global Financials Sector Index. It was launched on Nov 12, 2001. WFIN.AS 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. Both IXG and WFIN.AS 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: IXG or WFIN.AS.
Performance
IXG vs. WFIN.AS - Performance Comparison
Returns By Period
In the year-to-date period, IXG achieves a 28.49% return, which is significantly lower than WFIN.AS's 35.76% return.
IXG
28.49%
1.76%
13.54%
38.14%
11.05%
8.53%
WFIN.AS
35.76%
6.81%
18.16%
45.76%
12.45%
N/A
Key characteristics
| IXG | WFIN.AS | |
|---|---|---|
| Sharpe Ratio | 3.16 | 3.45 |
| Sortino Ratio | 4.15 | 4.56 |
| Omega Ratio | 1.56 | 1.70 |
| Calmar Ratio | 4.05 | 4.85 |
| Martin Ratio | 21.52 | 24.92 |
| Ulcer Index | 1.83% | 1.78% |
| Daily Std Dev | 12.48% | 12.80% |
| Max Drawdown | -78.42% | -42.00% |
| Current Drawdown | -0.33% | 0.00% |
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IXG vs. WFIN.AS - Expense Ratio Comparison
IXG has a 0.46% expense ratio, which is higher than WFIN.AS's 0.30% expense ratio.
Correlation
The correlation between IXG and WFIN.AS is 0.74, 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
IXG vs. WFIN.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) and SPDR MSCI World Financials UCITS ETF (WFIN.AS). 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
IXG vs. WFIN.AS - Dividend Comparison
IXG's dividend yield for the trailing twelve months is around 2.41%, while WFIN.AS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXG iShares Global Financials ETF | 2.41% | 2.62% | 3.71% | 1.68% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% | 2.38% | 2.14% |
WFIN.AS SPDR MSCI World Financials 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
IXG vs. WFIN.AS - Drawdown Comparison
The maximum IXG drawdown since its inception was -78.42%, which is greater than WFIN.AS's maximum drawdown of -42.00%. Use the drawdown chart below to compare losses from any high point for IXG and WFIN.AS. For additional features, visit the drawdowns tool.
Volatility
IXG vs. WFIN.AS - Volatility Comparison
iShares Global Financials ETF (IXG) has a higher volatility of 4.64% compared to SPDR MSCI World Financials UCITS ETF (WFIN.AS) at 4.33%. This indicates that IXG's price experiences larger fluctuations and is considered to be riskier than WFIN.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.