TECW.L vs. CSUS.AS
Compare and contrast key facts about SPDR MSCI World Technology UCITS ETF (TECW.L) and iShares MSCI USA UCITS ETF USD (Acc) (CSUS.AS).
TECW.L and CSUS.AS 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. CSUS.AS is a passively managed fund by iShares that tracks the performance of the Russell 1000 TR USD. It was launched on Jan 12, 2010. Both TECW.L and CSUS.AS 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 CSUS.AS.
Key characteristics
| TECW.L | CSUS.AS | |
|---|---|---|
| YTD Return | 31.94% | 33.13% |
| 1Y Return | 37.98% | 38.80% |
| Sharpe Ratio | 1.86 | 3.21 |
| Sortino Ratio | 2.48 | 4.29 |
| Omega Ratio | 1.32 | 1.68 |
| Calmar Ratio | 2.53 | 4.53 |
| Martin Ratio | 7.62 | 20.12 |
| Ulcer Index | 4.79% | 1.94% |
| Daily Std Dev | 19.55% | 12.13% |
| Max Drawdown | -19.78% | -34.08% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TECW.L and CSUS.AS is 0.77, 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. CSUS.AS - Performance Comparison
The year-to-date returns for both investments are quite close, with TECW.L having a 31.94% return and CSUS.AS slightly higher at 33.13%. 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. CSUS.AS - Expense Ratio Comparison
TECW.L has a 0.30% expense ratio, which is lower than CSUS.AS's 0.33% expense ratio.
Risk-Adjusted Performance
TECW.L vs. CSUS.AS - 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 USA UCITS ETF USD (Acc) (CSUS.AS). 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. CSUS.AS - Dividend Comparison
Neither TECW.L nor CSUS.AS has paid dividends to shareholders.
Drawdowns
TECW.L vs. CSUS.AS - Drawdown Comparison
The maximum TECW.L drawdown since its inception was -19.78%, smaller than the maximum CSUS.AS drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for TECW.L and CSUS.AS. For additional features, visit the drawdowns tool.
Volatility
TECW.L vs. CSUS.AS - Volatility Comparison
SPDR MSCI World Technology UCITS ETF (TECW.L) has a higher volatility of 5.20% compared to iShares MSCI USA UCITS ETF USD (Acc) (CSUS.AS) at 3.48%. This indicates that TECW.L's price experiences larger fluctuations and is considered to be riskier than CSUS.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.