MWOE.DE vs. SPYL.DE
Compare and contrast key facts about Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE).
MWOE.DE and SPYL.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MWOE.DE is a passively managed fund by Amundi that tracks the performance of the MSCI World. It was launched on Jun 9, 2022. SPYL.DE is a passively managed fund by State Street that tracks the performance of the S&P 500®. It was launched on Oct 31, 2023. Both MWOE.DE and SPYL.DE 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: MWOE.DE or SPYL.DE.
Correlation
The correlation between MWOE.DE and SPYL.DE 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
MWOE.DE vs. SPYL.DE - Performance Comparison
Key characteristics
MWOE.DE:
2.16
SPYL.DE:
2.21
MWOE.DE:
2.96
SPYL.DE:
3.06
MWOE.DE:
1.43
SPYL.DE:
1.44
MWOE.DE:
3.03
SPYL.DE:
3.38
MWOE.DE:
14.20
SPYL.DE:
14.72
MWOE.DE:
1.78%
SPYL.DE:
1.89%
MWOE.DE:
11.70%
SPYL.DE:
12.63%
MWOE.DE:
-12.25%
SPYL.DE:
-8.25%
MWOE.DE:
-0.37%
SPYL.DE:
-0.31%
Returns By Period
In the year-to-date period, MWOE.DE achieves a 4.81% return, which is significantly higher than SPYL.DE's 3.51% return.
MWOE.DE
4.81%
2.02%
15.37%
25.27%
N/A
N/A
SPYL.DE
3.51%
1.21%
16.86%
28.87%
N/A
N/A
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MWOE.DE vs. SPYL.DE - Expense Ratio Comparison
MWOE.DE has a 0.12% expense ratio, which is higher than SPYL.DE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MWOE.DE vs. SPYL.DE — Risk-Adjusted Performance Rank
MWOE.DE
SPYL.DE
MWOE.DE vs. SPYL.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE). 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
MWOE.DE vs. SPYL.DE - Dividend Comparison
MWOE.DE's dividend yield for the trailing twelve months is around 1.37%, while SPYL.DE has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
MWOE.DE Amundi MSCI World UCITS ETF - USD Dist | 1.37% | 1.20% | 0.58% |
SPYL.DE SPDR S&P 500 UCITS ETF USD Unhedged Acc | 0.00% | 0.00% | 0.00% |
Drawdowns
MWOE.DE vs. SPYL.DE - Drawdown Comparison
The maximum MWOE.DE drawdown since its inception was -12.25%, which is greater than SPYL.DE's maximum drawdown of -8.25%. Use the drawdown chart below to compare losses from any high point for MWOE.DE and SPYL.DE. For additional features, visit the drawdowns tool.
Volatility
MWOE.DE vs. SPYL.DE - Volatility Comparison
Amundi MSCI World UCITS ETF - USD Dist (MWOE.DE) and SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE) have volatilities of 3.23% and 3.28%, 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.