SPWO vs. KSA
Compare and contrast key facts about SP Funds S&P World ETF (SPWO) and iShares MSCI Saudi Arabia ETF (KSA).
SPWO and KSA 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. KSA is a passively managed fund by iShares that tracks the performance of the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index. It was launched on Sep 16, 2015. Both SPWO and KSA 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 KSA.
Correlation
The correlation between SPWO and KSA is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPWO vs. KSA - Performance Comparison
Key characteristics
SPWO:
0.91
KSA:
-0.17
SPWO:
1.37
KSA:
-0.16
SPWO:
1.16
KSA:
0.98
SPWO:
1.53
KSA:
-0.11
SPWO:
4.06
KSA:
-0.36
SPWO:
3.73%
KSA:
5.78%
SPWO:
16.75%
KSA:
12.09%
SPWO:
-9.89%
KSA:
-40.56%
SPWO:
-1.70%
KSA:
-10.85%
Returns By Period
In the year-to-date period, SPWO achieves a 6.46% return, which is significantly higher than KSA's 3.11% return.
SPWO
6.46%
4.11%
2.36%
15.03%
N/A
N/A
KSA
3.11%
0.43%
1.09%
-2.54%
10.26%
N/A
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SPWO vs. KSA - Expense Ratio Comparison
SPWO has a 0.55% expense ratio, which is lower than KSA's 0.74% expense ratio.
Risk-Adjusted Performance
SPWO vs. KSA — Risk-Adjusted Performance Rank
SPWO
KSA
SPWO vs. KSA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P World ETF (SPWO) and iShares MSCI Saudi Arabia ETF (KSA). 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.
Dividends
SPWO vs. KSA - Dividend Comparison
SPWO's dividend yield for the trailing twelve months is around 1.22%, less than KSA's 3.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SPWO SP Funds S&P World ETF | 1.22% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KSA iShares MSCI Saudi Arabia ETF | 3.33% | 3.44% | 2.44% | 1.93% | 1.58% | 1.76% | 2.15% | 2.51% | 2.30% | 3.06% | 0.04% |
Drawdowns
SPWO vs. KSA - Drawdown Comparison
The maximum SPWO drawdown since its inception was -9.89%, smaller than the maximum KSA drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for SPWO and KSA. For additional features, visit the drawdowns tool.
Volatility
SPWO vs. KSA - Volatility Comparison
SP Funds S&P World ETF (SPWO) has a higher volatility of 5.72% compared to iShares MSCI Saudi Arabia ETF (KSA) at 2.10%. This indicates that SPWO's price experiences larger fluctuations and is considered to be riskier than KSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.