SNPG vs. QWLD

Last updated Aug 2, 2026

SNPG (Xtrackers S&P 500 Growth ESG ETF) and QWLD (SPDR MSCI World StrategicFactors ETF) are both Large Cap Growth Equities funds - SNPG tracks the S&P 500 Growth ESG Index while QWLD tracks the MSCI World Factor Mix A-Series (USD). Both are passively managed. Over the past 3 years, SNPG returned 21.47%/yr vs 15.49%/yr for QWLD. Their 0.78 correlation means they have sometimes moved together and sometimes differently. SNPG charges 0.15%/yr vs 0.30%/yr for QWLD.

Performance

SNPG vs. QWLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 Growth ESG ETF (SNPG) 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, SNPG achieves a 8.25% return, which is significantly lower than QWLD's 9.39% return.

SNPG

• 1D: 0.79%
• 1M: -2.92%
• 6M: 8.74%
• YTD: 8.25%
• 1Y: 19.28%
• 3Y*: 21.47%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.75%

QWLD

• 1D: 0.22%
• 1M: 1.63%
• 6M: 6.46%
• YTD: 9.39%
• 1Y: 19.11%
• 3Y*: 15.49%
• 5Y*: 10.03%
• 10Y*: 11.57%
• ALL TIME*: 10.49%

*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	$231.12K	$297.84K	$1.04M
SNPG Xtrackers S&P 500 Growth ESG ETF	$89.94K	$76.62K	$58.56K

SNPG vs. QWLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SNPG Xtrackers S&P 500 Growth ESG ETF	8.25%	18.22%	33.99%	38.45%	1.81%
QWLD SPDR MSCI World StrategicFactors ETF	9.39%	17.93%	14.44%	19.59%	3.25%

Correlation

The correlation between SNPG 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.	0.76
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022	0.78

The correlation between SNPG and QWLD has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.

SNPG vs. QWLD - Sectors Allocation Comparison

Sectors	SNPG	QWLD
Technology	45.4%	24.9%
Healthcare	13.0%	13.2%
Industrials	11.1%	10.9%
Communication Services	10.9%	9.5%
Financial Services	10.9%	16.5%
Consumer Cyclical	5.3%	6.3%
Real Estate	1.2%	1.0%
Consumer Defensive	1.0%	8.1%
Basic Materials	0.8%	2.5%
Utilities	0.4%	3.8%
Energy	0.0%	3.4%

Return for Risk

SNPG vs. QWLD — Risk / Return Rank

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

SNPG

SNPG Risk / Return Rank: 41
SNPG Sharpe Ratio Rank: 41
SNPG Sortino Ratio Rank: 42
SNPG Omega Ratio Rank: 39
SNPG Calmar Ratio Rank: 38
SNPG Martin Ratio Rank: 43

QWLD

QWLD Risk / Return Rank: 80
QWLD Sharpe Ratio Rank: 83
QWLD Sortino Ratio Rank: 84
QWLD Omega Ratio Rank: 82
QWLD Calmar Ratio Rank: 70
QWLD Martin Ratio Rank: 81

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.

SNPG vs. QWLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Growth ESG ETF (SNPG) 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.

	SNPG	QWLD	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.93	-0.91
Sortino ratio: Return per unit of downside risk	1.56	2.75	-1.18
Omega ratio: Gain probability vs. loss probability	1.19	1.34	-0.16
Calmar ratio: Return relative to maximum drawdown	1.35	2.44	-1.10
Martin ratio: Return relative to average drawdown	4.78	10.67	-5.90

SNPG vs. QWLD - Sharpe Ratio Comparison

The current SNPG Sharpe Ratio is 1.02, which is lower than the QWLD Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of SNPG 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

SNPG vs. QWLD - Drawdown Comparison

The maximum SNPG drawdown since its inception was -21.69%, smaller than the maximum QWLD drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for SNPG and QWLD.

Drawdown Indicators

	SNPG	QWLD	Difference
Max Drawdown Largest peak-to-trough decline	-21.69%	-31.89%	+10.20%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-7.66%	-5.46%
Max Drawdown (3Y) Largest decline over 3 years	-21.69%	-12.40%	-9.29%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.89%	—
Current Drawdown Current decline from peak	-6.69%	0.00%	-6.69%
Average Drawdown Average peak-to-trough decline	-2.60%	-3.66%	+1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.69%	1.75%	+1.94%

Volatility

SNPG vs. QWLD - Volatility Comparison

Xtrackers S&P 500 Growth ESG ETF (SNPG) has a higher volatility of 6.72% compared to SPDR MSCI World StrategicFactors ETF (QWLD) at 2.30%. This indicates that SNPG'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

	SNPG	QWLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	2.30%	+4.42%
Volatility (6M) Calculated over the trailing 6-month period	15.13%	7.73%	+7.40%
Volatility (1Y) Calculated over the trailing 1-year period	17.26%	9.71%	+7.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	13.51%	+4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.48%	15.12%	+3.36%

SNPG vs. QWLD - Expense Ratio Comparison

SNPG has a 0.15% expense ratio, which is lower than QWLD's 0.30% expense ratio.

Dividends

SNPG vs. QWLD - Dividend Comparison

SNPG's dividend yield for the trailing twelve months is around 0.48%, less than QWLD's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QWLD SPDR MSCI World StrategicFactors ETF	1.79%	1.85%	1.74%	1.78%	2.02%	1.77%	1.77%	2.13%	2.33%	2.73%	2.22%	3.42%
SNPG Xtrackers S&P 500 Growth ESG ETF	0.48%	0.49%	0.57%	0.95%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SNPG and QWLD in my portfolio?

SNPG 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, SNPG or QWLD?

SNPG has higher volatility (6.72%) compared to QWLD (2.30%). In terms of maximum drawdown, SNPG dropped -21.69% vs QWLD's -31.89%.

Which ETF is better, SNPG or QWLD?

On 3-year performance, SNPG leads with 21.47% vs 15.49% for QWLD. On fees, SNPG is cheaper at 0.15% per year. On volatility, QWLD has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPG or QWLD?

Over the 3-year period, SNPG has performed better with a 21.47% return vs 15.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPG or QWLD?

SNPG is cheaper with a 0.15% expense ratio, compared with 0.30% for QWLD.

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

QWLD has the higher dividend yield at 1.79%, compared with 0.48% for SNPG.

What is the main difference between SNPG and QWLD?

SNPG tracks S&P 500 Growth ESG Index, while QWLD tracks MSCI World Factor Mix A-Series (USD). They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.15% for SNPG and 0.30% for QWLD.

Which has better risk-adjusted returns?

QWLD currently has the higher Sharpe Ratio (1.93 vs 1.02), 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.