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SPTE vs. IXN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SPTE vs. IXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global Technology ETF (SPTE) and iShares Global Tech ETF (IXN). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.44%
7.26%
SPTE
IXN

Returns By Period

In the year-to-date period, SPTE achieves a 30.17% return, which is significantly higher than IXN's 22.54% return.


SPTE

YTD

30.17%

1M

0.04%

6M

7.44%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

IXN

YTD

22.54%

1M

0.82%

6M

7.26%

1Y

28.15%

5Y (annualized)

21.13%

10Y (annualized)

19.06%

Key characteristics


SPTEIXN
Daily Std Dev24.66%21.42%
Max Drawdown-18.15%-55.67%
Current Drawdown-4.65%-5.04%

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SPTE vs. IXN - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than IXN's 0.46% expense ratio.


SPTE
SP Funds S&P Global Technology ETF
Expense ratio chart for SPTE: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for IXN: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Correlation

-0.50.00.51.00.9

The correlation between SPTE and IXN is 0.94, 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.

Risk-Adjusted Performance

SPTE vs. IXN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and iShares Global Tech ETF (IXN). 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.


Sharpe ratio
No data
SPTE
IXN

Chart placeholderNot enough data

Dividends

SPTE vs. IXN - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.23%, less than IXN's 0.45% yield.


TTM20232022202120202019201820172016201520142013
SPTE
SP Funds S&P Global Technology ETF
0.23%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IXN
iShares Global Tech ETF
0.45%0.55%0.81%0.58%0.63%1.06%0.94%0.93%1.03%1.12%1.14%1.02%

Drawdowns

SPTE vs. IXN - Drawdown Comparison

The maximum SPTE drawdown since its inception was -18.15%, smaller than the maximum IXN drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for SPTE and IXN. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.65%
-5.04%
SPTE
IXN

Volatility

SPTE vs. IXN - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 5.89% compared to iShares Global Tech ETF (IXN) at 5.42%. This indicates that SPTE's price experiences larger fluctuations and is considered to be riskier than IXN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
5.89%
5.42%
SPTE
IXN