WDIV vs. SHEH

Last updated Aug 2, 2026

WDIV (SPDR S&P Global Dividend ETF) and SHEH (Shell plc ADRhedged ETF) are both exchange-traded funds - WDIV is a Global Equities fund tracking the S&P Global Dividend Aristocrats Index, while SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return. Both are passively managed. Over the past year, WDIV returned 24.19% vs 28.64% for SHEH. Their -0.01 correlation means they have often moved in opposite directions in the past. WDIV charges 0.40%/yr vs 0.19%/yr for SHEH.

Performance

WDIV vs. SHEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Global Dividend ETF (WDIV) and Shell plc ADRhedged ETF (SHEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WDIV achieves a 13.12% return, which is significantly lower than SHEH's 25.94% return.

WDIV

• 1D: -0.95%
• 1M: 3.48%
• 6M: 7.94%
• YTD: 13.12%
• 1Y: 24.19%
• 3Y*: 17.63%
• 5Y*: 9.32%
• 10Y*: 7.59%
• ALL TIME*: 7.24%

SHEH

• 1D: 1.60%
• 1M: 16.32%
• 6M: 22.14%
• YTD: 25.94%
• 1Y: 28.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SHEH Shell plc ADRhedged ETF	$787.46K	$653.61K	$317.20K
WDIV SPDR S&P Global Dividend ETF	$1.02M	$920.01K	$626.08K

WDIV vs. SHEH - Yearly Performance Comparison

	2026 (YTD)	2025
WDIV SPDR S&P Global Dividend ETF	13.12%	18.72%
SHEH Shell plc ADRhedged ETF	25.94%	12.63%

Correlation

The correlation between WDIV and SHEH is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.02
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.01

WDIV vs. SHEH - Sectors Allocation Comparison

Sectors	WDIV	SHEH
Financial Services	22.5%	-
Utilities	13.8%	-
Real Estate	12.8%	-
Industrials	11.8%	-
Communication Services	9.4%	-
Energy	7.1%	96.5%
Consumer Defensive	6.6%	-
Technology	4.6%	-
Consumer Cyclical	4.2%	-
Healthcare	3.9%	-
Basic Materials	3.4%	-

Return for Risk

WDIV vs. SHEH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WDIV

WDIV Risk / Return Rank: 86
WDIV Sharpe Ratio Rank: 91
WDIV Sortino Ratio Rank: 92
WDIV Omega Ratio Rank: 91
WDIV Calmar Ratio Rank: 78
WDIV Martin Ratio Rank: 80

SHEH

SHEH Risk / Return Rank: 48
SHEH Sharpe Ratio Rank: 55
SHEH Sortino Ratio Rank: 52
SHEH Omega Ratio Rank: 51
SHEH Calmar Ratio Rank: 44
SHEH Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WDIV vs. SHEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend ETF (WDIV) and Shell plc ADRhedged ETF (SHEH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WDIV	SHEH	Difference
Sharpe ratio: Return per unit of total volatility	2.34	1.34	+1.01
Sortino ratio: Return per unit of downside risk	3.36	1.87	+1.50
Omega ratio: Gain probability vs. loss probability	1.43	1.23	+0.19
Calmar ratio: Return relative to maximum drawdown	2.75	1.60	+1.15
Martin ratio: Return relative to average drawdown	10.25	4.36	+5.89

WDIV vs. SHEH - Sharpe Ratio Comparison

The current WDIV Sharpe Ratio is 2.34, which is higher than the SHEH Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of WDIV and SHEH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WDIV vs. SHEH - Drawdown Comparison

The maximum WDIV drawdown since its inception was -42.34%, which is greater than SHEH's maximum drawdown of -17.53%. Use the drawdown chart below to compare losses from any high point for WDIV and SHEH.

Drawdown Indicators

	WDIV	SHEH	Difference
Max Drawdown Largest peak-to-trough decline	-42.34%	-17.53%	-24.81%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-17.53%	+8.92%
Max Drawdown (3Y) Largest decline over 3 years	-9.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.34%	—	—
Current Drawdown Current decline from peak	-0.95%	-2.90%	+1.95%
Average Drawdown Average peak-to-trough decline	-5.79%	-4.14%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	6.41%	-4.10%

Volatility

WDIV vs. SHEH - Volatility Comparison

The current volatility for SPDR S&P Global Dividend ETF (WDIV) is 2.48%, while Shell plc ADRhedged ETF (SHEH) has a volatility of 6.72%. This indicates that WDIV experiences smaller price fluctuations and is considered to be less risky than SHEH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WDIV	SHEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	6.72%	-4.24%
Volatility (6M) Calculated over the trailing 6-month period	8.34%	17.32%	-8.98%
Volatility (1Y) Calculated over the trailing 1-year period	10.14%	20.97%	-10.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.72%	20.55%	-7.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	20.55%	-5.41%

WDIV vs. SHEH - Expense Ratio Comparison

WDIV has a 0.40% expense ratio, which is higher than SHEH's 0.19% expense ratio.

Dividends

WDIV vs. SHEH - Dividend Comparison

WDIV's dividend yield for the trailing twelve months is around 4.10%, more than SHEH's 1.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SHEH Shell plc ADRhedged ETF	1.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WDIV SPDR S&P Global Dividend ETF	4.10%	4.27%	4.63%	4.73%	5.12%	4.15%	5.55%	3.99%	4.42%	3.62%	4.32%	5.03%

Frequently Asked Questions

Can I hold both WDIV and SHEH in my portfolio?

WDIV and SHEH have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WDIV or SHEH?

SHEH has higher volatility (6.72%) compared to WDIV (2.48%). In terms of maximum drawdown, WDIV dropped -42.34% vs SHEH's -17.53%.

Which ETF is better, WDIV or SHEH?

On 1-year performance, SHEH leads with 28.64% vs 24.19% for WDIV. On fees, SHEH is cheaper at 0.19% per year. On volatility, WDIV has been the lower-risk option at 2.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WDIV or SHEH?

Over the 1-year period, SHEH has performed better with a 28.64% return vs 24.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WDIV or SHEH?

SHEH is cheaper with a 0.19% expense ratio, compared with 0.40% for WDIV.

Which ETF pays a higher dividend yield, WDIV or SHEH?

WDIV has the higher dividend yield at 4.10%, compared with 1.84% for SHEH.

What is the main difference between WDIV and SHEH?

WDIV is categorized as Global Equities, while SHEH is Energy Equities. WDIV tracks S&P Global Dividend Aristocrats Index, while SHEH tracks Shell plc - Benchmark Price Return. They also come from different issuers: State Street and ADRhedged. Their fees differ too: 0.40% for WDIV and 0.19% for SHEH.

Which has better risk-adjusted returns?

WDIV currently has the higher Sharpe Ratio (2.34 vs 1.34), 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.