SSIFX vs. SPWO

Last updated Apr 1, 2026

Compare and contrast key facts about Sextant International Fund (SSIFX) and SP Funds S&P World ETF (SPWO).

SSIFX is managed by Sextant Mutual Funds. It was launched on Sep 27, 1995. 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.

Performance

SSIFX vs. SPWO - Performance Comparison

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

SSIFX vs. SPWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SSIFX Sextant International Fund	-0.21%	22.73%	1.26%	1.99%
SPWO SP Funds S&P World ETF	3.57%	26.32%	9.25%	2.96%

Returns By Period

In the year-to-date period, SSIFX achieves a -0.21% return, which is significantly lower than SPWO's 3.57% return.

SSIFX

• 1D: -0.73%
• 1M: -11.84%
• YTD: -0.21%
• 6M: 0.08%
• 1Y: 26.74%
• 3Y*: 11.54%
• 5Y*: 7.42%
• 10Y*: 10.07%

SPWO

• 1D: 3.75%
• 1M: -9.65%
• YTD: 3.57%
• 6M: 6.58%
• 1Y: 30.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SSIFX vs. SPWO - Expense Ratio Comparison

SSIFX has a 1.27% expense ratio, which is higher than SPWO's 0.55% expense ratio.

SSIFX

Sextant International Fund

SPWO

SP Funds S&P World ETF

Return for Risk

SSIFX vs. SPWO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SSIFX

SSIFX Risk / Return Rank: 69
SSIFX Sharpe Ratio Rank: 67
SSIFX Sortino Ratio Rank: 71
SSIFX Omega Ratio Rank: 60
SSIFX Calmar Ratio Rank: 79
SSIFX Martin Ratio Rank: 69

SPWO

SPWO Risk / Return Rank: 80
SPWO Sharpe Ratio Rank: 81
SPWO Sortino Ratio Rank: 82
SPWO Omega Ratio Rank: 78
SPWO Calmar Ratio Rank: 81
SPWO Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SSIFX vs. SPWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sextant International Fund (SSIFX) 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.

	SSIFX	SPWO	Difference
Sharpe ratio Return per unit of total volatility	1.17	1.49	-0.32
Sortino ratio Return per unit of downside risk	1.76	2.07	-0.31
Omega ratio Gain probability vs. loss probability	1.23	1.29	-0.06
Calmar ratio Return relative to maximum drawdown	1.87	2.14	-0.27
Martin ratio Return relative to average drawdown	6.52	8.09	-1.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSIFX vs. SPWO - Sharpe Ratio Comparison

The current SSIFX Sharpe Ratio is 1.17, which is comparable to the SPWO Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of SSIFX and SPWO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SSIFX	SPWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	1.49	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.01	-0.57

Correlation

The correlation between SSIFX and SPWO is 0.80, 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.

Dividends

SSIFX vs. SPWO - Dividend Comparison

SSIFX's dividend yield for the trailing twelve months is around 16.14%, more than SPWO's 1.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SSIFX Sextant International Fund	16.14%	15.83%	0.54%	0.34%	0.00%	8.32%	0.36%	3.57%	8.03%	8.94%	1.30%	1.86%
SPWO SP Funds S&P World ETF	1.25%	1.29%	1.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SSIFX vs. SPWO - Drawdown Comparison

The maximum SSIFX drawdown since its inception was -56.24%, which is greater than SPWO's maximum drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for SSIFX and SPWO.

Drawdown Indicators

	SSIFX	SPWO	Difference
Max Drawdown Largest peak-to-trough decline	-56.24%	-18.03%	-38.21%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-13.75%	+1.37%
Max Drawdown (5Y) Largest decline over 5 years	-34.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.21%	—	—
Current Drawdown Current decline from peak	-12.38%	-10.51%	-1.87%
Average Drawdown Average peak-to-trough decline	-11.88%	-2.84%	-9.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	3.64%	-0.09%

Volatility

SSIFX vs. SPWO - Volatility Comparison

The current volatility for Sextant International Fund (SSIFX) is 7.16%, while SP Funds S&P World ETF (SPWO) has a volatility of 9.62%. This indicates that SSIFX experiences smaller price fluctuations and is considered to be less risky than SPWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSIFX	SPWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	9.62%	-2.46%
Volatility (6M) Calculated over the trailing 6-month period	14.89%	14.90%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	21.88%	20.31%	+1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	18.41%	+0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.78%	18.41%	-0.63%