SWRD.L vs. ^GSPC
Compare and contrast key facts about SPDR MSCI World UCITS ETF (SWRD.L) and S&P 500 (^GSPC).
SWRD.L is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWRD.L or ^GSPC.
Key characteristics
| SWRD.L | ^GSPC | |
|---|---|---|
| YTD Return | 5.26% | 5.57% |
| 1Y Return | 19.67% | 20.82% |
| 3Y Return (Ann) | 6.07% | 6.41% |
| 5Y Return (Ann) | 10.99% | 11.56% |
| Sharpe Ratio | 1.86 | 1.78 |
| Daily Std Dev | 11.54% | 11.69% |
| Max Drawdown | -34.10% | -56.78% |
| Current Drawdown | -3.19% | -4.16% |
Correlation
The correlation between SWRD.L and ^GSPC is 0.59, 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
SWRD.L vs. ^GSPC - Performance Comparison
In the year-to-date period, SWRD.L achieves a 5.26% return, which is significantly lower than ^GSPC's 5.57% 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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Risk-Adjusted Performance
SWRD.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWRD.L) and S&P 500 (^GSPC). 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.
Drawdowns
SWRD.L vs. ^GSPC - Drawdown Comparison
The maximum SWRD.L drawdown since its inception was -34.10%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SWRD.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SWRD.L vs. ^GSPC - Volatility Comparison
The current volatility for SPDR MSCI World UCITS ETF (SWRD.L) is 3.73%, while S&P 500 (^GSPC) has a volatility of 3.95%. This indicates that SWRD.L experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.