SPPW.DE vs. H4ZY.DE
Compare and contrast key facts about SPDR MSCI World UCITS ETF (SPPW.DE) and HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE).
SPPW.DE and H4ZY.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPPW.DE is a passively managed fund by State Street that tracks the performance of the MSCI World. It was launched on Feb 28, 2019. H4ZY.DE is a passively managed fund by HSBC that tracks the performance of the MSCI World. It was launched on Jun 28, 2022. Both SPPW.DE and H4ZY.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: SPPW.DE or H4ZY.DE.
Key characteristics
SPPW.DE | H4ZY.DE | |
---|---|---|
YTD Return | 15.78% | 15.68% |
1Y Return | 20.68% | 20.60% |
Sharpe Ratio | 2.13 | 2.12 |
Daily Std Dev | 10.78% | 10.83% |
Max Drawdown | -33.69% | -12.25% |
Current Drawdown | -1.41% | -1.58% |
Correlation
The correlation between SPPW.DE and H4ZY.DE is 1.00, 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
SPPW.DE vs. H4ZY.DE - Performance Comparison
The year-to-date returns for both stocks are quite close, with SPPW.DE having a 15.78% return and H4ZY.DE slightly lower at 15.68%. 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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SPPW.DE vs. H4ZY.DE - Expense Ratio Comparison
SPPW.DE has a 0.12% expense ratio, which is lower than H4ZY.DE's 0.15% 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
SPPW.DE vs. H4ZY.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SPPW.DE) and HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.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
SPPW.DE vs. H4ZY.DE - Dividend Comparison
Neither SPPW.DE nor H4ZY.DE has paid dividends to shareholders.
Drawdowns
SPPW.DE vs. H4ZY.DE - Drawdown Comparison
The maximum SPPW.DE drawdown since its inception was -33.69%, which is greater than H4ZY.DE's maximum drawdown of -12.25%. Use the drawdown chart below to compare losses from any high point for SPPW.DE and H4ZY.DE. For additional features, visit the drawdowns tool.
Volatility
SPPW.DE vs. H4ZY.DE - Volatility Comparison
SPDR MSCI World UCITS ETF (SPPW.DE) and HSBC MSCI World UCITS ETF USD (Acc) (H4ZY.DE) have volatilities of 3.95% and 3.97%, 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.