SWRD.MI vs. VTI

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR MSCI World UCITS ETF (SWRD.MI) and Vanguard Total Stock Market ETF (VTI).

SWRD.MI and VTI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SWRD.MI is a passively managed fund by State Street that tracks the performance of the MSCI World Index. It was launched on Feb 28, 2019. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on Jun 27, 2016. Both SWRD.MI and VTI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SWRD.MI vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI World UCITS ETF (SWRD.MI) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

SWRD.MI vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SWRD.MI SPDR MSCI World UCITS ETF	-1.31%	7.68%	27.15%	20.04%	-13.69%	32.91%	5.96%	6.07%
VTI Vanguard Total Stock Market ETF	-1.80%	3.20%	31.98%	22.27%	-14.54%	35.08%	11.10%	6.61%

Different Trading Currencies

SWRD.MI is traded in EUR, while VTI is traded in USD. To make them comparable, the VTI values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SWRD.MI achieves a -1.31% return, which is significantly higher than VTI's -2.49% return.

SWRD.MI

• 1D: 2.13%
• 1M: -2.99%
• YTD: -1.31%
• 6M: 2.26%
• 1Y: 12.26%
• 3Y*: 15.22%
• 5Y*: 10.95%
• 10Y*: —

VTI

• 1D: 0.00%
• 1M: -4.06%
• YTD: -2.49%
• 6M: -0.56%
• 1Y: 9.88%
• 3Y*: 15.35%
• 5Y*: 10.87%
• 10Y*: 13.44%

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

SWRD.MI vs. VTI - Expense Ratio Comparison

SWRD.MI has a 0.12% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

SWRD.MI

SPDR MSCI World UCITS ETF

VTI

Vanguard Total Stock Market ETF

Return for Risk

SWRD.MI vs. VTI — Risk / Return Rank

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

SWRD.MI

SWRD.MI Risk / Return Rank: 38
SWRD.MI Sharpe Ratio Rank: 38
SWRD.MI Sortino Ratio Rank: 36
SWRD.MI Omega Ratio Rank: 40
SWRD.MI Calmar Ratio Rank: 35
SWRD.MI Martin Ratio Rank: 44

VTI

VTI Risk / Return Rank: 59
VTI Sharpe Ratio Rank: 53
VTI Sortino Ratio Rank: 57
VTI Omega Ratio Rank: 60
VTI Calmar Ratio Rank: 58
VTI Martin Ratio Rank: 69

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.

SWRD.MI vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World UCITS ETF (SWRD.MI) and Vanguard Total Stock Market ETF (VTI). 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.

	SWRD.MI	VTI	Difference
Sharpe ratio Return per unit of total volatility	0.75	0.47	+0.28
Sortino ratio Return per unit of downside risk	1.10	0.78	+0.31
Omega ratio Gain probability vs. loss probability	1.17	1.13	+0.04
Calmar ratio Return relative to maximum drawdown	0.94	0.72	+0.22
Martin ratio Return relative to average drawdown	4.36	3.03	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWRD.MI vs. VTI - Sharpe Ratio Comparison

The current SWRD.MI Sharpe Ratio is 0.75, which is higher than the VTI Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of SWRD.MI and VTI, 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

	SWRD.MI	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	0.47	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.63	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.54	+0.18

Correlation

The correlation between SWRD.MI and VTI is 0.51, 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.

Dividends

SWRD.MI vs. VTI - Dividend Comparison

SWRD.MI has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.17%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWRD.MI SPDR MSCI World UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.17%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Drawdowns

SWRD.MI vs. VTI - Drawdown Comparison

The maximum SWRD.MI drawdown since its inception was -33.74%, smaller than the maximum VTI drawdown of -51.35%. Use the drawdown chart below to compare losses from any high point for SWRD.MI and VTI.

Drawdown Indicators

	SWRD.MI	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-33.74%	-55.45%	+21.71%
Max Drawdown (1Y) Largest decline over 1 year	-13.01%	-12.30%	-0.71%
Max Drawdown (5Y) Largest decline over 5 years	-21.46%	-25.36%	+3.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-3.98%	-5.54%	+1.56%
Average Drawdown Average peak-to-trough decline	-4.74%	-8.08%	+3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.60%	+0.21%

Volatility

SWRD.MI vs. VTI - Volatility Comparison

SPDR MSCI World UCITS ETF (SWRD.MI) and Vanguard Total Stock Market ETF (VTI) have volatilities of 4.49% and 4.40%, 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.

Volatility by Period

	SWRD.MI	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	4.40%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	8.48%	10.04%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	21.33%	-4.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.09%	17.22%	-3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	18.79%	-1.88%