SPWO vs. IS3S.DE
Compare and contrast key facts about SP Funds S&P World ETF (SPWO) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE).
SPWO and IS3S.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPWO is a passively managed fund by SP Funds that tracks the performance of the S&P DM Ex-U.S. & EM 50/50 Shariah Index - Benchmark TR Net. It was launched on Dec 19, 2023. IS3S.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Enhanced Value. It was launched on Oct 3, 2014. Both SPWO and IS3S.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPWO or IS3S.DE.
Key characteristics
| SPWO | IS3S.DE | |
|---|---|---|
| YTD Return | 15.96% | 9.51% |
| Daily Std Dev | 15.97% | 10.89% |
| Max Drawdown | -9.89% | -35.18% |
| Current Drawdown | -2.00% | -1.91% |
Correlation
The correlation between SPWO and IS3S.DE is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPWO vs. IS3S.DE - Performance Comparison
In the year-to-date period, SPWO achieves a 15.96% return, which is significantly higher than IS3S.DE's 9.51% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPWO vs. IS3S.DE - Expense Ratio Comparison
SPWO has a 0.55% expense ratio, which is higher than IS3S.DE's 0.30% expense ratio.
Risk-Adjusted Performance
SPWO vs. IS3S.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P World ETF (SPWO) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE). 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.
Not enough dataDividends
SPWO vs. IS3S.DE - Dividend Comparison
SPWO's dividend yield for the trailing twelve months is around 0.95%, while IS3S.DE has not paid dividends to shareholders.
| TTM | |
|---|---|
SPWO SP Funds S&P World ETF | 0.95% |
IS3S.DE iShares Edge MSCI World Value Factor UCITS ETF | 0.00% |
Drawdowns
SPWO vs. IS3S.DE - Drawdown Comparison
The maximum SPWO drawdown since its inception was -9.89%, smaller than the maximum IS3S.DE drawdown of -35.18%. Use the drawdown chart below to compare losses from any high point for SPWO and IS3S.DE. For additional features, visit the drawdowns tool.
Volatility
SPWO vs. IS3S.DE - Volatility Comparison
SP Funds S&P World ETF (SPWO) has a higher volatility of 4.64% compared to iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) at 1.98%. This indicates that SPWO's price experiences larger fluctuations and is considered to be riskier than IS3S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.