SSUS vs. QWLD

Last updated Aug 2, 2026

SSUS (Day Hagan Smart Sector ETF) and QWLD (SPDR MSCI World StrategicFactors ETF) are both Large Cap Growth Equities funds. SSUS is actively managed, while QWLD is passively managed. Over the past 5 years, SSUS returned 10.54%/yr vs 10.03%/yr for QWLD. Their correlation of 0.90 means they have usually moved in the same direction. SSUS charges 0.81%/yr vs 0.30%/yr for QWLD.

Performance

SSUS vs. QWLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Day Hagan Smart Sector ETF (SSUS) and SPDR MSCI World StrategicFactors ETF (QWLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSUS achieves a 11.75% return, which is significantly higher than QWLD's 9.39% return.

SSUS

• 1D: 0.33%
• 1M: -0.61%
• 6M: 10.27%
• YTD: 11.75%
• 1Y: 21.84%
• 3Y*: 15.14%
• 5Y*: 10.54%
• 10Y*: —
• ALL TIME*: 13.34%

QWLD

• 1D: 0.22%
• 1M: 1.63%
• 6M: 6.46%
• YTD: 9.39%
• 1Y: 19.11%
• 3Y*: 15.49%
• 5Y*: 10.03%
• 10Y*: 11.57%
• ALL TIME*: 10.49%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QWLD SPDR MSCI World StrategicFactors ETF	$231.12K	$297.84K	$1.04M
SSUS Day Hagan Smart Sector ETF	$779.31K	$737.96K	$1.47M

SSUS vs. QWLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SSUS Day Hagan Smart Sector ETF	11.75%	16.47%	18.86%	18.19%	-17.64%	28.02%	17.55%
QWLD SPDR MSCI World StrategicFactors ETF	9.39%	17.93%	14.44%	19.59%	-13.30%	21.57%	7.75%

Correlation

The correlation between SSUS and QWLD is 0.80, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (All Time) Calculated using the full available price history since Jan 17, 2020	0.90

The correlation between SSUS and QWLD shifts across timeframes, from 0.80 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

SSUS vs. QWLD - Sectors Allocation Comparison

Sectors	SSUS	QWLD
Technology	48.0%	24.9%
Consumer Cyclical	12.8%	6.3%
Communication Services	10.2%	9.5%
Financial Services	7.6%	16.5%
Healthcare	4.7%	13.2%
Industrials	4.5%	10.9%
Real Estate	3.6%	1.0%
Utilities	3.5%	3.8%
Energy	2.4%	3.4%
Consumer Defensive	2.3%	8.1%
Basic Materials	0.4%	2.5%

Return for Risk

SSUS vs. QWLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SSUS

SSUS Risk / Return Rank: 63
SSUS Sharpe Ratio Rank: 63
SSUS Sortino Ratio Rank: 61
SSUS Omega Ratio Rank: 59
SSUS Calmar Ratio Rank: 63
SSUS Martin Ratio Rank: 71

QWLD

QWLD Risk / Return Rank: 80
QWLD Sharpe Ratio Rank: 83
QWLD Sortino Ratio Rank: 84
QWLD Omega Ratio Rank: 82
QWLD Calmar Ratio Rank: 70
QWLD Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SSUS vs. QWLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Day Hagan Smart Sector ETF (SSUS) and SPDR MSCI World StrategicFactors ETF (QWLD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SSUS	QWLD	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.93	-0.47
Sortino ratio: Return per unit of downside risk	2.07	2.75	-0.68
Omega ratio: Gain probability vs. loss probability	1.26	1.34	-0.08
Calmar ratio: Return relative to maximum drawdown	2.21	2.44	-0.23
Martin ratio: Return relative to average drawdown	8.71	10.67	-1.97

SSUS vs. QWLD - Sharpe Ratio Comparison

The current SSUS Sharpe Ratio is 1.47, which is comparable to the QWLD Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of SSUS and QWLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SSUS vs. QWLD - Drawdown Comparison

The maximum SSUS drawdown since its inception was -23.75%, smaller than the maximum QWLD drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for SSUS and QWLD.

Drawdown Indicators

	SSUS	QWLD	Difference
Max Drawdown Largest peak-to-trough decline	-23.75%	-31.89%	+8.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.05%	-7.66%	-1.39%
Max Drawdown (3Y) Largest decline over 3 years	-17.60%	-12.40%	-5.20%
Max Drawdown (5Y) Largest decline over 5 years	-23.45%	-22.84%	-0.61%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.89%	—
Current Drawdown Current decline from peak	-3.26%	0.00%	-3.26%
Average Drawdown Average peak-to-trough decline	-5.18%	-3.66%	-1.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	1.75%	+0.55%

Volatility

SSUS vs. QWLD - Volatility Comparison

Day Hagan Smart Sector ETF (SSUS) has a higher volatility of 3.62% compared to SPDR MSCI World StrategicFactors ETF (QWLD) at 2.30%. This indicates that SSUS's price experiences larger fluctuations and is considered to be riskier than QWLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSUS	QWLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	2.30%	+1.32%
Volatility (6M) Calculated over the trailing 6-month period	11.15%	7.73%	+3.42%
Volatility (1Y) Calculated over the trailing 1-year period	13.65%	9.71%	+3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.47%	13.51%	+1.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	15.12%	+1.76%

SSUS vs. QWLD - Expense Ratio Comparison

SSUS has a 0.81% expense ratio, which is higher than QWLD's 0.30% expense ratio.

Dividends

SSUS vs. QWLD - Dividend Comparison

SSUS's dividend yield for the trailing twelve months is around 0.46%, less than QWLD's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QWLD SPDR MSCI World StrategicFactors ETF	1.79%	1.85%	1.74%	1.78%	2.02%	1.77%	1.77%	2.13%	2.33%	2.73%	2.22%	3.42%
SSUS Day Hagan Smart Sector ETF	0.46%	0.52%	0.68%	1.07%	0.63%	0.55%	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SSUS and QWLD in my portfolio?

SSUS and QWLD have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSUS or QWLD?

SSUS has higher volatility (3.62%) compared to QWLD (2.30%). In terms of maximum drawdown, SSUS dropped -23.75% vs QWLD's -31.89%.

Which ETF is better, SSUS or QWLD?

On 5-year performance, SSUS leads with 10.54% vs 10.03% for QWLD. On fees, QWLD is cheaper at 0.30% per year. On volatility, QWLD has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SSUS or QWLD?

Over the 5-year period, SSUS has performed better with a 10.54% return vs 10.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SSUS or QWLD?

QWLD is cheaper with a 0.30% expense ratio, compared with 0.81% for SSUS.

Which ETF pays a higher dividend yield, SSUS or QWLD?

QWLD has the higher dividend yield at 1.79%, compared with 0.46% for SSUS.

What is the main difference between SSUS and QWLD?

They also come from different issuers: Day Hagan and State Street. Their fees differ too: 0.81% for SSUS and 0.30% for QWLD.

Which has better risk-adjusted returns?

QWLD currently has the higher Sharpe Ratio (1.93 vs 1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.