PABG.L vs. WITS.AS
Compare and contrast key facts about Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS).
PABG.L and WITS.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABG.L is a passively managed fund by Amundi that tracks the performance of the MSCI EMU NR EUR. It was launched on Jul 6, 2020. WITS.AS is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 16, 2019. Both PABG.L and WITS.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: PABG.L or WITS.AS.
Key characteristics
| PABG.L | WITS.AS | |
|---|---|---|
| YTD Return | 6.53% | 30.73% |
| 1Y Return | 14.05% | 43.52% |
| 3Y Return (Ann) | 2.58% | 12.32% |
| Sharpe Ratio | 1.22 | 1.89 |
| Sortino Ratio | 1.76 | 2.51 |
| Omega Ratio | 1.21 | 1.33 |
| Calmar Ratio | 1.85 | 2.43 |
| Martin Ratio | 5.52 | 8.06 |
| Ulcer Index | 2.68% | 4.88% |
| Daily Std Dev | 12.15% | 20.69% |
| Max Drawdown | -26.49% | -39.08% |
| Current Drawdown | -5.04% | 0.00% |
Correlation
The correlation between PABG.L and WITS.AS is 0.63, 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
PABG.L vs. WITS.AS - Performance Comparison
In the year-to-date period, PABG.L achieves a 6.53% return, which is significantly lower than WITS.AS's 30.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PABG.L vs. WITS.AS - Expense Ratio Comparison
PABG.L has a 0.20% expense ratio, which is lower than WITS.AS's 0.25% expense ratio. Despite the difference, 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
PABG.L vs. WITS.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.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
PABG.L vs. WITS.AS - Dividend Comparison
PABG.L has not paid dividends to shareholders, while WITS.AS's dividend yield for the trailing twelve months is around 0.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
PABG.L Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 0.36% | 0.46% | 0.81% | 0.41% | 0.73% | 0.12% |
Drawdowns
PABG.L vs. WITS.AS - Drawdown Comparison
The maximum PABG.L drawdown since its inception was -26.49%, smaller than the maximum WITS.AS drawdown of -39.08%. Use the drawdown chart below to compare losses from any high point for PABG.L and WITS.AS. For additional features, visit the drawdowns tool.
Volatility
PABG.L vs. WITS.AS - Volatility Comparison
The current volatility for Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) is 5.32%, while iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) has a volatility of 5.97%. This indicates that PABG.L experiences smaller price fluctuations and is considered to be less risky than WITS.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.