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

Correlation

The correlation between SPTE and SPWO is 0.73, 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.


-0.50.00.51.00.7

Performance

SPTE vs. SPWO - Performance Comparison

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

-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
6.61%
0.11%
SPTE
SPWO

Key characteristics

Sharpe Ratio

SPTE:

1.50

SPWO:

0.76

Sortino Ratio

SPTE:

2.06

SPWO:

1.16

Omega Ratio

SPTE:

1.27

SPWO:

1.14

Calmar Ratio

SPTE:

2.03

SPWO:

1.23

Martin Ratio

SPTE:

6.53

SPWO:

3.75

Ulcer Index

SPTE:

5.64%

SPWO:

3.25%

Daily Std Dev

SPTE:

24.59%

SPWO:

16.14%

Max Drawdown

SPTE:

-18.14%

SPWO:

-9.89%

Current Drawdown

SPTE:

-0.86%

SPWO:

-6.22%

Returns By Period

In the year-to-date period, SPTE achieves a 36.43% return, which is significantly higher than SPWO's 10.98% return.


SPTE

YTD

36.43%

1M

4.79%

6M

8.53%

1Y

37.20%

5Y*

N/A

10Y*

N/A

SPWO

YTD

10.98%

1M

-0.15%

6M

1.14%

1Y

12.87%

5Y*

N/A

10Y*

N/A

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. SPWO - Expense Ratio Comparison

Both SPTE and SPWO have an expense ratio of 0.55%.


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 SPWO: 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%

Risk-Adjusted Performance

SPTE vs. SPWO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and SP Funds S&P World ETF (SPWO). 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 1.50, compared to the broader market0.002.004.001.500.76
The chart of Sortino ratio for SPTE, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.002.061.16
The chart of Omega ratio for SPTE, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.14
The chart of Calmar ratio for SPTE, currently valued at 2.03, compared to the broader market0.005.0010.0015.002.031.23
The chart of Martin ratio for SPTE, currently valued at 6.53, compared to the broader market0.0020.0040.0060.0080.00100.006.533.75
SPTE
SPWO

The current SPTE Sharpe Ratio is 1.50, which is higher than the SPWO Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of SPTE and SPWO, 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 Ratio0.801.001.201.40
1.50
0.76
SPTE
SPWO

Dividends

SPTE vs. SPWO - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.24%, less than SPWO's 1.12% yield.


TTM
SPTE
SP Funds S&P Global Technology ETF
0.24%
SPWO
SP Funds S&P World ETF
1.12%

Drawdowns

SPTE vs. SPWO - Drawdown Comparison

The maximum SPTE drawdown since its inception was -18.14%, which is greater than SPWO's maximum drawdown of -9.89%. Use the drawdown chart below to compare losses from any high point for SPTE and SPWO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.86%
-6.22%
SPTE
SPWO

Volatility

SPTE vs. SPWO - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) and SP Funds S&P World ETF (SPWO) have volatilities of 4.87% and 4.86%, 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%
4.86%
SPTE
SPWO
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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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