SNPE vs. GLDM
Compare and contrast key facts about Xtrackers S&P 500 ESG ETF (SNPE) and SPDR Gold MiniShares Trust (GLDM).
SNPE and GLDM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SNPE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P 500 ESG Index. It was launched on Jun 26, 2019. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018. Both SNPE and GLDM 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: SNPE or GLDM.
Key characteristics
| SNPE | GLDM | |
|---|---|---|
| YTD Return | 26.25% | 24.66% |
| 1Y Return | 33.68% | 30.90% |
| 3Y Return (Ann) | 10.69% | 11.24% |
| 5Y Return (Ann) | 16.85% | 11.79% |
| Sharpe Ratio | 2.89 | 2.19 |
| Sortino Ratio | 3.84 | 2.91 |
| Omega Ratio | 1.54 | 1.38 |
| Calmar Ratio | 4.03 | 4.19 |
| Martin Ratio | 17.90 | 13.90 |
| Ulcer Index | 2.03% | 2.31% |
| Daily Std Dev | 12.55% | 14.66% |
| Max Drawdown | -33.37% | -21.63% |
| Current Drawdown | -0.35% | -7.66% |
Correlation
The correlation between SNPE and GLDM is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SNPE vs. GLDM - Performance Comparison
In the year-to-date period, SNPE achieves a 26.25% return, which is significantly higher than GLDM's 24.66% 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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SNPE vs. GLDM - Expense Ratio Comparison
SNPE has a 0.10% expense ratio, which is lower than GLDM's 0.18% 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
SNPE vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG ETF (SNPE) and SPDR Gold MiniShares Trust (GLDM). 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
SNPE vs. GLDM - Dividend Comparison
SNPE's dividend yield for the trailing twelve months is around 1.11%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
SNPE Xtrackers S&P 500 ESG ETF | 1.11% | 1.32% | 1.65% | 1.08% | 1.43% | 1.20% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SNPE vs. GLDM - Drawdown Comparison
The maximum SNPE drawdown since its inception was -33.37%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for SNPE and GLDM. For additional features, visit the drawdowns tool.
Volatility
SNPE vs. GLDM - Volatility Comparison
The current volatility for Xtrackers S&P 500 ESG ETF (SNPE) is 3.87%, while SPDR Gold MiniShares Trust (GLDM) has a volatility of 5.45%. This indicates that SNPE experiences smaller price fluctuations and is considered to be less risky than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.