SFY vs. QWLD

Last updated Aug 4, 2026

SFY (SoFi Select 500 ETF) and QWLD (SPDR MSCI World StrategicFactors ETF) are both Large Cap Growth Equities funds - SFY tracks the Solactive SoFi US 500 Growth Index while QWLD tracks the MSCI World Factor Mix A-Series (USD). Both are passively managed. Over the past 5 years, SFY returned 14.00%/yr vs 10.04%/yr for QWLD. Their correlation of 0.86 means they have usually moved in the same direction. SFY charges 0.00%/yr vs 0.30%/yr for QWLD.

Performance

SFY vs. QWLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Select 500 ETF (SFY) and SPDR MSCI World StrategicFactors ETF (QWLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SFY achieves a 12.78% return, which is significantly higher than QWLD's 10.03% return.

SFY

• 1D: 1.81%
• 1M: 1.07%
• 6M: 11.05%
• YTD: 12.78%
• 1Y: 24.84%
• 3Y*: 24.52%
• 5Y*: 14.00%
• 10Y*: —
• ALL TIME*: 17.49%

QWLD

• 1D: 0.58%
• 1M: 2.22%
• 6M: 5.89%
• YTD: 10.03%
• 1Y: 19.80%
• 3Y*: 16.43%
• 5Y*: 10.04%
• 10Y*: 11.64%
• ALL TIME*: 10.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QWLD SPDR MSCI World StrategicFactors ETF	$247.86K	$289.30K	$1.06M
SFY SoFi Select 500 ETF	$1.57M	$2.21M	$2.73M

SFY vs. QWLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SFY SoFi Select 500 ETF	12.78%	22.67%	29.81%	29.36%	-22.84%	28.03%	24.52%	13.72%
QWLD SPDR MSCI World StrategicFactors ETF	10.03%	17.93%	14.44%	19.59%	-13.30%	21.57%	10.24%	11.86%

Correlation

The correlation between SFY and QWLD is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.71
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Apr 11, 2019	0.86

The correlation between SFY and QWLD shifts across timeframes, from 0.71 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

SFY vs. QWLD - Sectors Allocation Comparison

Sectors	SFY	QWLD
Technology	44.4%	24.9%
Financial Services	11.2%	16.5%
Healthcare	10.5%	13.2%
Communication Services	9.7%	9.5%
Consumer Cyclical	7.6%	6.3%
Industrials	5.7%	10.9%
Consumer Defensive	3.2%	8.1%
Utilities	2.1%	3.8%
Energy	2.0%	3.4%
Basic Materials	1.8%	2.5%
Real Estate	1.5%	1.0%

Return for Risk

SFY vs. QWLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SFY

SFY Risk / Return Rank: 64
SFY Sharpe Ratio Rank: 65
SFY Sortino Ratio Rank: 62
SFY Omega Ratio Rank: 61
SFY Calmar Ratio Rank: 65
SFY Martin Ratio Rank: 69

QWLD

QWLD Risk / Return Rank: 81
QWLD Sharpe Ratio Rank: 85
QWLD Sortino Ratio Rank: 85
QWLD Omega Ratio Rank: 83
QWLD Calmar Ratio Rank: 72
QWLD Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SFY vs. QWLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Select 500 ETF (SFY) and SPDR MSCI World StrategicFactors ETF (QWLD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SFY	QWLD	Difference
Sharpe ratio: Return per unit of total volatility	1.54	2.06	-0.51
Sortino ratio: Return per unit of downside risk	2.13	2.91	-0.78
Omega ratio: Gain probability vs. loss probability	1.27	1.37	-0.10
Calmar ratio: Return relative to maximum drawdown	2.31	2.60	-0.28
Martin ratio: Return relative to average drawdown	8.62	11.35	-2.73

SFY vs. QWLD - Sharpe Ratio Comparison

The current SFY Sharpe Ratio is 1.54, which is comparable to the QWLD Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of SFY and QWLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SFY vs. QWLD - Drawdown Comparison

The maximum SFY drawdown since its inception was -33.25%, roughly equal to the maximum QWLD drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for SFY and QWLD.

Drawdown Indicators

	SFY	QWLD	Difference
Max Drawdown Largest peak-to-trough decline	-33.25%	-31.89%	-1.36%
Max Drawdown (1Y) Largest decline over 1 year	-10.79%	-7.66%	-3.13%
Max Drawdown (3Y) Largest decline over 3 years	-21.04%	-12.40%	-8.64%
Max Drawdown (5Y) Largest decline over 5 years	-27.72%	-22.84%	-4.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.89%	—
Current Drawdown Current decline from peak	-2.52%	0.00%	-2.52%
Average Drawdown Average peak-to-trough decline	-6.12%	-3.66%	-2.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	1.75%	+1.14%

Volatility

SFY vs. QWLD - Volatility Comparison

SoFi Select 500 ETF (SFY) has a higher volatility of 4.96% compared to SPDR MSCI World StrategicFactors ETF (QWLD) at 2.28%. This indicates that SFY's price experiences larger fluctuations and is considered to be riskier than QWLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFY	QWLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	2.28%	+2.68%
Volatility (6M) Calculated over the trailing 6-month period	13.06%	7.74%	+5.32%
Volatility (1Y) Calculated over the trailing 1-year period	16.19%	9.70%	+6.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.31%	13.51%	+5.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.20%	15.12%	+5.08%

SFY vs. QWLD - Expense Ratio Comparison

SFY has a 0.00% expense ratio, which is lower than QWLD's 0.30% expense ratio.

Dividends

SFY vs. QWLD - Dividend Comparison

SFY's dividend yield for the trailing twelve months is around 0.84%, less than QWLD's 1.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QWLD SPDR MSCI World StrategicFactors ETF	1.78%	1.85%	1.74%	1.78%	2.02%	1.77%	1.77%	2.13%	2.33%	2.73%	2.22%	3.42%
SFY SoFi Select 500 ETF	0.84%	0.96%	0.99%	1.40%	1.61%	0.90%	1.18%	1.02%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SFY and QWLD in my portfolio?

SFY and QWLD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SFY or QWLD?

SFY has higher volatility (4.96%) compared to QWLD (2.28%). In terms of maximum drawdown, SFY dropped -33.25% vs QWLD's -31.89%.

Which ETF is better, SFY or QWLD?

On 5-year performance, SFY leads with 14.00% vs 10.04% for QWLD. On fees, SFY is cheaper at 0.00% per year. On volatility, QWLD has been the lower-risk option at 2.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SFY or QWLD?

Over the 5-year period, SFY has performed better with a 14.00% return vs 10.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SFY or QWLD?

SFY is cheaper with a 0.00% expense ratio, compared with 0.30% for QWLD.

Which ETF pays a higher dividend yield, SFY or QWLD?

QWLD has the higher dividend yield at 1.78%, compared with 0.84% for SFY.

What is the main difference between SFY and QWLD?

SFY tracks Solactive SoFi US 500 Growth Index, while QWLD tracks MSCI World Factor Mix A-Series (USD). They also come from different issuers: SoFi and State Street. Their fees differ too: 0.00% for SFY and 0.30% for QWLD.

Which has better risk-adjusted returns?

QWLD currently has the higher Sharpe Ratio (2.06 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.