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

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.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.90%
0.39%
SPTE
SPWO

Returns By Period

In the year-to-date period, SPTE achieves a 28.92% return, which is significantly higher than SPWO's 10.69% return.


SPTE

YTD

28.92%

1M

-2.51%

6M

7.77%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

SPWO

YTD

10.69%

1M

-5.49%

6M

-1.23%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


SPTESPWO
Daily Std Dev24.75%16.21%
Max Drawdown-18.15%-9.89%
Current Drawdown-5.56%-6.46%

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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%

Correlation

-0.50.00.51.00.7

The correlation between SPTE and SPWO is 0.75, 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. 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
No data
SPTE
SPWO

Chart placeholderNot enough data

Dividends

SPTE vs. SPWO - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.23%, less than SPWO's 1.01% yield.


TTM
SPTE
SP Funds S&P Global Technology ETF
0.23%
SPWO
SP Funds S&P World ETF
1.01%

Drawdowns

SPTE vs. SPWO - Drawdown Comparison

The maximum SPTE drawdown since its inception was -18.15%, 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%JuneJulyAugustSeptemberOctoberNovember
-5.56%
-6.46%
SPTE
SPWO

Volatility

SPTE vs. SPWO - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 6.02% compared to SP Funds S&P World ETF (SPWO) at 5.38%. This indicates that SPTE's price experiences larger fluctuations and is considered to be riskier than SPWO 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
6.02%
5.38%
SPTE
SPWO