SNPG vs. GARP
Compare and contrast key facts about Xtrackers S&P 500 Growth ESG ETF (SNPG) and iShares MSCI USA Quality GARP ETF (GARP).
SNPG and GARP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SNPG is a passively managed fund by Xtrackers that tracks the performance of the S&P 500 Growth ESG Index. It was launched on Nov 8, 2022. GARP is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality GARP Select Index. It was launched on Jan 14, 2020. Both SNPG and GARP 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: SNPG or GARP.
Key characteristics
| SNPG | GARP | |
|---|---|---|
| YTD Return | 35.00% | 37.12% |
| 1Y Return | 42.68% | 48.28% |
| Sharpe Ratio | 2.75 | 2.70 |
| Sortino Ratio | 3.61 | 3.46 |
| Omega Ratio | 1.51 | 1.49 |
| Calmar Ratio | 3.60 | 3.60 |
| Martin Ratio | 14.86 | 13.80 |
| Ulcer Index | 2.88% | 3.50% |
| Daily Std Dev | 15.59% | 17.92% |
| Max Drawdown | -11.91% | -31.34% |
| Current Drawdown | -0.22% | -0.37% |
Correlation
The correlation between SNPG and GARP is 0.93, 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
SNPG vs. GARP - Performance Comparison
In the year-to-date period, SNPG achieves a 35.00% return, which is significantly lower than GARP's 37.12% 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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SNPG vs. GARP - Expense Ratio Comparison
Both SNPG and GARP have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SNPG vs. GARP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Growth ESG ETF (SNPG) and iShares MSCI USA Quality GARP ETF (GARP). 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
SNPG vs. GARP - Dividend Comparison
SNPG's dividend yield for the trailing twelve months is around 0.60%, more than GARP's 0.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
SNPG Xtrackers S&P 500 Growth ESG ETF | 0.60% | 0.95% | 0.20% | 0.00% | 0.00% |
GARP iShares MSCI USA Quality GARP ETF | 0.36% | 0.75% | 1.85% | 0.67% | 0.75% |
Drawdowns
SNPG vs. GARP - Drawdown Comparison
The maximum SNPG drawdown since its inception was -11.91%, smaller than the maximum GARP drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for SNPG and GARP. For additional features, visit the drawdowns tool.
Volatility
SNPG vs. GARP - Volatility Comparison
The current volatility for Xtrackers S&P 500 Growth ESG ETF (SNPG) is 4.70%, while iShares MSCI USA Quality GARP ETF (GARP) has a volatility of 5.92%. This indicates that SNPG experiences smaller price fluctuations and is considered to be less risky than GARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.