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

Key characteristics


SPTESPWO
YTD Return27.53%15.96%
Daily Std Dev25.00%15.97%
Max Drawdown-18.15%-9.89%
Current Drawdown-6.58%-2.00%

Correlation

-0.50.00.51.00.8

The correlation between SPTE and SPWO is 0.76, 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

SPTE vs. SPWO - Performance Comparison

In the year-to-date period, SPTE achieves a 27.53% return, which is significantly higher than SPWO's 15.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
30.36%
19.39%
SPTE
SPWO

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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%

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.


SPTE
Sharpe ratio
No data

SPTE vs. SPWO - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

SPTE vs. SPWO - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.22%, less than SPWO's 0.95% yield.


TTM
SPTE
SP Funds S&P Global Technology ETF
0.22%
SPWO
SP Funds S&P World ETF
0.95%

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
-6.58%
-2.00%
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 4.64%. 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%
4.64%
SPTE
SPWO