SM8T.DE vs. IS3R.DE
Compare and contrast key facts about Amundi Index Equity Global Multi Smart Allocation Scientific Beta UCITS ETF EUR (SM8T.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE).
SM8T.DE and IS3R.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SM8T.DE is a passively managed fund by Amundi that tracks the performance of the Scientific Beta Developed Multi Beta Multi-Strategy Equal-Weight. It was launched on Apr 20, 2017. IS3R.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Momentum. It was launched on Oct 3, 2014. Both SM8T.DE and IS3R.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: SM8T.DE or IS3R.DE.
Key characteristics
| SM8T.DE | IS3R.DE | |
|---|---|---|
| YTD Return | 18.14% | 34.75% |
| 1Y Return | 27.06% | 42.21% |
| 3Y Return (Ann) | 6.31% | 7.52% |
| 5Y Return (Ann) | 8.45% | 13.45% |
| 10Y Return (Ann) | 9.00% | 13.73% |
| Sharpe Ratio | 2.79 | 2.40 |
| Sortino Ratio | 3.87 | 3.04 |
| Omega Ratio | 1.56 | 1.48 |
| Calmar Ratio | 3.66 | 2.73 |
| Martin Ratio | 19.02 | 11.20 |
| Ulcer Index | 1.37% | 3.56% |
| Daily Std Dev | 9.36% | 16.53% |
| Max Drawdown | -35.69% | -30.77% |
| Current Drawdown | 0.00% | -0.04% |
Correlation
The correlation between SM8T.DE and IS3R.DE is 0.81, 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
SM8T.DE vs. IS3R.DE - Performance Comparison
In the year-to-date period, SM8T.DE achieves a 18.14% return, which is significantly lower than IS3R.DE's 34.75% return. Over the past 10 years, SM8T.DE has underperformed IS3R.DE with an annualized return of 9.00%, while IS3R.DE has yielded a comparatively higher 13.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SM8T.DE vs. IS3R.DE - Expense Ratio Comparison
SM8T.DE has a 0.40% expense ratio, which is higher than IS3R.DE's 0.30% expense ratio.
Risk-Adjusted Performance
SM8T.DE vs. IS3R.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index Equity Global Multi Smart Allocation Scientific Beta UCITS ETF EUR (SM8T.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.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
SM8T.DE vs. IS3R.DE - Dividend Comparison
Neither SM8T.DE nor IS3R.DE has paid dividends to shareholders.
Drawdowns
SM8T.DE vs. IS3R.DE - Drawdown Comparison
The maximum SM8T.DE drawdown since its inception was -35.69%, which is greater than IS3R.DE's maximum drawdown of -30.77%. Use the drawdown chart below to compare losses from any high point for SM8T.DE and IS3R.DE. For additional features, visit the drawdowns tool.
Volatility
SM8T.DE vs. IS3R.DE - Volatility Comparison
Amundi Index Equity Global Multi Smart Allocation Scientific Beta UCITS ETF EUR (SM8T.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) have volatilities of 2.67% and 2.70%, 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.