SMCWX vs. SPY
Compare and contrast key facts about American Funds SMALLCAP World Fund Class A (SMCWX) and SPDR S&P 500 ETF (SPY).
SMCWX is managed by American Funds. It was launched on Apr 30, 1990. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMCWX or SPY.
Correlation
The correlation between SMCWX and SPY is 0.78, 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
SMCWX vs. SPY - Performance Comparison
Key characteristics
SMCWX:
-0.12
SPY:
0.51
SMCWX:
-0.04
SPY:
0.86
SMCWX:
1.00
SPY:
1.13
SMCWX:
-0.05
SPY:
0.55
SMCWX:
-0.34
SPY:
2.26
SMCWX:
6.15%
SPY:
4.55%
SMCWX:
18.39%
SPY:
20.08%
SMCWX:
-61.27%
SPY:
-55.19%
SMCWX:
-31.45%
SPY:
-9.89%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with SMCWX at -5.76% and SPY at -5.76%. Over the past 10 years, SMCWX has underperformed SPY with an annualized return of 2.70%, while SPY has yielded a comparatively higher 11.99% annualized return.
SMCWX
-5.76%
-2.17%
-7.33%
-1.42%
5.09%
2.70%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMCWX vs. SPY - Expense Ratio Comparison
SMCWX has a 1.02% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SMCWX vs. SPY — Risk-Adjusted Performance Rank
SMCWX
SPY
SMCWX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds SMALLCAP World Fund Class A (SMCWX) and SPDR S&P 500 ETF (SPY). 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
SMCWX vs. SPY - Dividend Comparison
SMCWX's dividend yield for the trailing twelve months is around 0.63%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMCWX American Funds SMALLCAP World Fund Class A | 0.63% | 0.60% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.00% | 10.48% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SMCWX vs. SPY - Drawdown Comparison
The maximum SMCWX drawdown since its inception was -61.27%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SMCWX and SPY. For additional features, visit the drawdowns tool.
Volatility
SMCWX vs. SPY - Volatility Comparison
The current volatility for American Funds SMALLCAP World Fund Class A (SMCWX) is 11.39%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that SMCWX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.