PABD vs. SPEU
Compare and contrast key facts about iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and SPDR Portfolio Europe ETF (SPEU).
PABD and SPEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABD is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index - Benchmark TR Net. It was launched on Jan 17, 2024. SPEU is a passively managed fund by State Street that tracks the performance of the STOXX Europe Total Market. It was launched on Oct 15, 2002. Both PABD and SPEU 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: PABD or SPEU.
Correlation
The correlation between PABD and SPEU is 0.60, 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.
Performance
PABD vs. SPEU - Performance Comparison
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Key characteristics
PABD:
0.65
SPEU:
0.68
PABD:
1.11
SPEU:
1.15
PABD:
1.15
SPEU:
1.15
PABD:
0.88
SPEU:
0.93
PABD:
2.47
SPEU:
2.54
PABD:
4.79%
SPEU:
5.17%
PABD:
16.90%
SPEU:
17.31%
PABD:
-13.37%
SPEU:
-62.45%
PABD:
-0.45%
SPEU:
-0.19%
Returns By Period
In the year-to-date period, PABD achieves a 12.66% return, which is significantly lower than SPEU's 17.15% return.
PABD
12.66%
11.16%
8.42%
10.87%
N/A
N/A
SPEU
17.15%
11.17%
13.08%
11.24%
13.44%
5.54%
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PABD vs. SPEU - Expense Ratio Comparison
PABD has a 0.12% expense ratio, which is higher than SPEU's 0.09% 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
PABD vs. SPEU — Risk-Adjusted Performance Rank
PABD
SPEU
PABD vs. SPEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and SPDR Portfolio Europe ETF (SPEU). 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.
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Dividends
PABD vs. SPEU - Dividend Comparison
PABD's dividend yield for the trailing twelve months is around 2.55%, less than SPEU's 2.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PABD iShares Paris-Aligned Climate MSCI World Ex USA ETF | 2.55% | 2.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPEU SPDR Portfolio Europe ETF | 2.82% | 3.29% | 2.91% | 3.08% | 2.67% | 2.30% | 3.19% | 3.99% | 2.82% | 3.66% | 3.62% | 5.91% |
Drawdowns
PABD vs. SPEU - Drawdown Comparison
The maximum PABD drawdown since its inception was -13.37%, smaller than the maximum SPEU drawdown of -62.45%. Use the drawdown chart below to compare losses from any high point for PABD and SPEU. For additional features, visit the drawdowns tool.
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Volatility
PABD vs. SPEU - Volatility Comparison
iShares Paris-Aligned Climate MSCI World Ex USA ETF (PABD) and SPDR Portfolio Europe ETF (SPEU) have volatilities of 4.12% and 4.04%, 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.
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