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KWT vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

KWT vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Kuwait ETF (KWT) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.20%
13.19%
KWT
SPY

Returns By Period

In the year-to-date period, KWT achieves a 11.34% return, which is significantly lower than SPY's 26.47% return.


KWT

YTD

11.34%

1M

4.62%

6M

2.21%

1Y

14.24%

5Y (annualized)

N/A

10Y (annualized)

N/A

SPY

YTD

26.47%

1M

3.03%

6M

13.19%

1Y

32.65%

5Y (annualized)

15.68%

10Y (annualized)

13.14%

Key characteristics


KWTSPY
Sharpe Ratio1.172.69
Sortino Ratio1.733.59
Omega Ratio1.231.50
Calmar Ratio0.653.88
Martin Ratio5.8617.47
Ulcer Index2.43%1.87%
Daily Std Dev12.17%12.14%
Max Drawdown-25.37%-55.19%
Current Drawdown-10.00%-0.54%

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KWT vs. SPY - Expense Ratio Comparison

KWT has a 0.74% expense ratio, which is higher than SPY's 0.09% expense ratio.


KWT
iShares MSCI Kuwait ETF
Expense ratio chart for KWT: current value at 0.74% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.74%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Correlation

-0.50.00.51.00.4

The correlation between KWT and SPY is 0.41, 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.

Risk-Adjusted Performance

KWT vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Kuwait ETF (KWT) 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.


Sharpe ratio
The chart of Sharpe ratio for KWT, currently valued at 1.17, compared to the broader market0.002.004.001.172.69
The chart of Sortino ratio for KWT, currently valued at 1.73, compared to the broader market-2.000.002.004.006.008.0010.0012.001.733.59
The chart of Omega ratio for KWT, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.50
The chart of Calmar ratio for KWT, currently valued at 0.65, compared to the broader market0.005.0010.0015.000.653.88
The chart of Martin ratio for KWT, currently valued at 5.86, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.8617.47
KWT
SPY

The current KWT Sharpe Ratio is 1.17, which is lower than the SPY Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of KWT and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.17
2.69
KWT
SPY

Dividends

KWT vs. SPY - Dividend Comparison

KWT's dividend yield for the trailing twelve months is around 4.55%, more than SPY's 1.18% yield.


TTM20232022202120202019201820172016201520142013
KWT
iShares MSCI Kuwait ETF
4.55%2.26%4.49%7.65%0.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.18%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

KWT vs. SPY - Drawdown Comparison

The maximum KWT drawdown since its inception was -25.37%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KWT and SPY. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-10.00%
-0.54%
KWT
SPY

Volatility

KWT vs. SPY - Volatility Comparison

The current volatility for iShares MSCI Kuwait ETF (KWT) is 3.20%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that KWT experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.20%
3.98%
KWT
SPY