URTH vs. SPY
Compare and contrast key facts about iShares MSCI World ETF (URTH) and SPDR S&P 500 ETF (SPY).
URTH and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both URTH and SPY 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: URTH or SPY.
Performance
URTH vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, URTH achieves a 20.18% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, URTH has underperformed SPY with an annualized return of 10.14%, while SPY has yielded a comparatively higher 13.10% annualized return.
URTH
20.18%
0.70%
10.02%
26.68%
12.47%
10.14%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| URTH | SPY | |
|---|---|---|
| Sharpe Ratio | 2.32 | 2.70 |
| Sortino Ratio | 3.15 | 3.60 |
| Omega Ratio | 1.42 | 1.50 |
| Calmar Ratio | 3.29 | 3.90 |
| Martin Ratio | 14.59 | 17.52 |
| Ulcer Index | 1.86% | 1.87% |
| Daily Std Dev | 11.69% | 12.14% |
| Max Drawdown | -34.01% | -55.19% |
| Current Drawdown | -1.05% | -0.85% |
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URTH vs. SPY - Expense Ratio Comparison
URTH has a 0.24% expense ratio, which is higher than SPY's 0.09% 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%.
Correlation
The correlation between URTH and SPY is 0.85, 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.
Risk-Adjusted Performance
URTH vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) and SPDR S&P 500 ETF (SPY). 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
URTH vs. SPY - Dividend Comparison
URTH's dividend yield for the trailing twelve months is around 1.44%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URTH iShares MSCI World ETF | 1.44% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.14% | 2.35% | 2.32% | 1.04% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
URTH vs. SPY - Drawdown Comparison
The maximum URTH drawdown since its inception was -34.01%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for URTH and SPY. For additional features, visit the drawdowns tool.
Volatility
URTH vs. SPY - Volatility Comparison
The current volatility for iShares MSCI World ETF (URTH) is 3.27%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that URTH experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.