TECW.L vs. AYEW.DE
Compare and contrast key facts about SPDR MSCI World Technology UCITS ETF (TECW.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE).
TECW.L and AYEW.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TECW.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Apr 29, 2016. AYEW.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped. It was launched on Oct 16, 2019. Both TECW.L and AYEW.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TECW.L or AYEW.DE.
Key characteristics
| TECW.L | AYEW.DE | |
|---|---|---|
| YTD Return | 29.79% | 34.20% |
| 1Y Return | 36.14% | 42.94% |
| Sharpe Ratio | 1.83 | 1.90 |
| Sortino Ratio | 2.45 | 2.47 |
| Omega Ratio | 1.32 | 1.34 |
| Calmar Ratio | 2.48 | 2.36 |
| Martin Ratio | 7.49 | 7.61 |
| Ulcer Index | 4.79% | 5.35% |
| Daily Std Dev | 19.54% | 21.26% |
| Max Drawdown | -19.78% | -31.36% |
| Current Drawdown | -0.29% | 0.00% |
Correlation
The correlation between TECW.L and AYEW.DE is 0.93, 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.
Performance
TECW.L vs. AYEW.DE - Performance Comparison
In the year-to-date period, TECW.L achieves a 29.79% return, which is significantly lower than AYEW.DE's 34.20% 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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TECW.L vs. AYEW.DE - Expense Ratio Comparison
TECW.L has a 0.30% expense ratio, which is higher than AYEW.DE's 0.18% expense ratio.
Risk-Adjusted Performance
TECW.L vs. AYEW.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF (TECW.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE). 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.
Dividends
TECW.L vs. AYEW.DE - Dividend Comparison
TECW.L has not paid dividends to shareholders, while AYEW.DE's dividend yield for the trailing twelve months is around 0.36%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
TECW.L SPDR MSCI World Technology UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AYEW.DE iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) | 0.36% | 0.46% | 0.82% | 0.40% | 0.65% | 0.12% |
Drawdowns
TECW.L vs. AYEW.DE - Drawdown Comparison
The maximum TECW.L drawdown since its inception was -19.78%, smaller than the maximum AYEW.DE drawdown of -31.36%. Use the drawdown chart below to compare losses from any high point for TECW.L and AYEW.DE. For additional features, visit the drawdowns tool.
Volatility
TECW.L vs. AYEW.DE - Volatility Comparison
SPDR MSCI World Technology UCITS ETF (TECW.L) and iShares MSCI World Information Technology Sector ESG UCITS ETF USD (Dist) (AYEW.DE) have volatilities of 5.54% and 5.83%, 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.