U vs. SPWO
U (Unity Software Inc.) is a stock, while SPWO (SP Funds S&P World ETF) is Foreign Large Cap Equities fund tracking the S&P DM Ex-U.S. & EM 50/50 Shariah Index - Benchmark TR Net. Over the past year, U returned 11.53% vs 49.03% for SPWO. At a 0.41 correlation, their price movements are largely independent.
Performance
U vs. SPWO - Performance Comparison
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Returns By Period
In the year-to-date period, U achieves a -33.85% return, which is significantly lower than SPWO's 26.87% return.
U
- 1D
- -5.04%
- 1M
- 5.41%
- YTD
- -33.85%
- 6M
- -34.51%
- 1Y
- 11.53%
- 3Y*
- -1.95%
- 5Y*
- -21.02%
- 10Y*
- —
SPWO
- 1D
- -1.20%
- 1M
- 9.09%
- YTD
- 26.87%
- 6M
- 28.47%
- 1Y
- 49.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
U vs. SPWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
U Unity Software Inc. | -33.85% | 96.57% | -45.05% | 5.74% |
SPWO SP Funds S&P World ETF | 26.87% | 26.32% | 9.25% | 2.96% |
Correlation
The correlation between U and SPWO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023 | 0.41 |
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Return for Risk
U vs. SPWO — Risk / Return Rank
U
SPWO
U vs. SPWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unity Software Inc. (U) and SP Funds S&P World ETF (SPWO). 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.
| U | SPWO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.35 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.44 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 3.58 | -3.41 |
| Martin ratioReturn relative to average drawdown | 0.36 | 13.64 | -13.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| U | SPWO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.16 | 2.51 | -2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.18 | 1.44 | -1.62 |
Drawdowns
U vs. SPWO - Drawdown Comparison
The maximum U drawdown since its inception was -93.07%, which is greater than SPWO's maximum drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for U and SPWO.
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Drawdown Indicators
| U | SPWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.07% | -18.03% | -75.04% |
Max Drawdown (1Y)Largest decline over 1 year | -65.37% | -13.75% | -51.62% |
Max Drawdown (3Y)Largest decline over 3 years | -71.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -93.07% | — | — |
Current DrawdownCurrent decline from peak | -85.47% | -1.20% | -84.27% |
Average DrawdownAverage peak-to-trough decline | -69.36% | -2.80% | -66.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.46% | 3.61% | +28.85% |
Volatility
U vs. SPWO - Volatility Comparison
Unity Software Inc. (U) has a higher volatility of 15.90% compared to SP Funds S&P World ETF (SPWO) at 7.56%. This indicates that U's price experiences larger fluctuations and is considered to be riskier than SPWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| U | SPWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.90% | 7.56% | +8.34% |
Volatility (6M)Calculated over the trailing 6-month period | 60.85% | 16.56% | +44.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.41% | 19.64% | +54.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.25% | 19.04% | +58.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.55% | 19.04% | +57.51% |
Dividends
U vs. SPWO - Dividend Comparison
U has not paid dividends to shareholders, while SPWO's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SPWO SP Funds S&P World ETF | 1.02% | 1.29% | 1.24% |
U Unity Software Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
U and SPWO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
U has higher volatility (15.90%) compared to SPWO (7.56%). In terms of maximum drawdown, U dropped -93.07% vs SPWO's -18.03%.
SPWO currently has the higher Sharpe Ratio (2.51 vs 0.16), 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.
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