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

Correlation

The correlation between SPTE and IXN 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.


-0.50.00.51.00.9

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.

-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
6.62%
5.93%
SPTE
IXN

Key characteristics

Sharpe Ratio

SPTE:

1.50

IXN:

1.36

Sortino Ratio

SPTE:

2.06

IXN:

1.85

Omega Ratio

SPTE:

1.27

IXN:

1.25

Calmar Ratio

SPTE:

2.03

IXN:

1.76

Martin Ratio

SPTE:

6.53

IXN:

5.47

Ulcer Index

SPTE:

5.64%

IXN:

5.41%

Daily Std Dev

SPTE:

24.59%

IXN:

21.76%

Max Drawdown

SPTE:

-18.14%

IXN:

-55.67%

Current Drawdown

SPTE:

-0.86%

IXN:

-0.08%

Returns By Period

In the year-to-date period, SPTE achieves a 36.43% return, which is significantly higher than IXN's 28.99% return.


SPTE

YTD

36.43%

1M

4.79%

6M

8.53%

1Y

37.20%

5Y*

N/A

10Y*

N/A

IXN

YTD

28.99%

1M

5.27%

6M

5.93%

1Y

29.60%

5Y*

20.85%

10Y*

19.45%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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
The chart of Sharpe ratio for SPTE, currently valued at 1.52, compared to the broader market0.002.004.001.521.36
The chart of Sortino ratio for SPTE, currently valued at 2.08, compared to the broader market-2.000.002.004.006.008.0010.002.081.85
The chart of Omega ratio for SPTE, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.25
The chart of Calmar ratio for SPTE, currently valued at 2.05, compared to the broader market0.005.0010.0015.002.051.76
The chart of Martin ratio for SPTE, currently valued at 6.60, compared to the broader market0.0020.0040.0060.0080.00100.006.605.47
SPTE
IXN

The current SPTE Sharpe Ratio is 1.50, which is comparable to the IXN Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of SPTE and IXN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.201.401.601.80Thu 05Sat 07Mon 09Wed 11Fri 13Dec 15Tue 17Thu 19Sat 21Mon 23
1.52
1.36
SPTE
IXN

Dividends

SPTE vs. IXN - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.24%, less than IXN's 0.41% yield.


TTM20232022202120202019201820172016201520142013
SPTE
SP Funds S&P Global Technology ETF
0.24%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
0.41%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 -18.14%, 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%JulyAugustSeptemberOctoberNovemberDecember
-0.86%
-0.08%
SPTE
IXN

Volatility

SPTE vs. IXN - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) and iShares Global Tech ETF (IXN) have volatilities of 4.87% and 5.03%, 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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
4.87%
5.03%
SPTE
IXN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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