PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SPWO vs. SPTE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPWO and SPTE 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

SPWO vs. SPTE - Performance Comparison

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

10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
12.83%
37.13%
SPWO
SPTE

Key characteristics

Sortino Ratio

SPWO:

1.21

SPTE:

2.07

Omega Ratio

SPWO:

1.15

SPTE:

1.27

Ulcer Index

SPWO:

3.22%

SPTE:

5.64%

Daily Std Dev

SPWO:

16.17%

SPTE:

24.56%

Max Drawdown

SPWO:

-9.89%

SPTE:

-18.14%

Current Drawdown

SPWO:

-7.40%

SPTE:

-2.51%

Returns By Period

In the year-to-date period, SPWO achieves a 9.58% return, which is significantly lower than SPTE's 34.16% return.


SPWO

YTD

9.58%

1M

-1.14%

6M

-0.08%

1Y

11.45%

5Y*

N/A

10Y*

N/A

SPTE

YTD

34.16%

1M

3.18%

6M

4.57%

1Y

34.92%

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.


SPWO vs. SPTE - Expense Ratio Comparison

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


SPWO
SP Funds S&P World ETF
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%
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%

Risk-Adjusted Performance

SPWO vs. SPTE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P World ETF (SPWO) and SP Funds S&P Global Technology ETF (SPTE). 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
The chart of Sortino ratio for SPWO, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.212.07
The chart of Omega ratio for SPWO, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.27
SPWO
SPTE


Chart placeholderNot enough data

Dividends

SPWO vs. SPTE - Dividend Comparison

SPWO's dividend yield for the trailing twelve months is around 1.14%, more than SPTE's 0.24% yield.


TTM
SPWO
SP Funds S&P World ETF
1.14%
SPTE
SP Funds S&P Global Technology ETF
0.24%

Drawdowns

SPWO vs. SPTE - Drawdown Comparison

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


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.40%
-2.51%
SPWO
SPTE

Volatility

SPWO vs. SPTE - Volatility Comparison

SP Funds S&P World ETF (SPWO) and SP Funds S&P Global Technology ETF (SPTE) have volatilities of 4.68% and 4.68%, 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
4.68%
4.68%
SPWO
SPTE
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab