WDTE.DE vs. SPYD
Compare and contrast key facts about Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD).
WDTE.DE and SPYD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WDTE.DE is a passively managed fund by Invesco that tracks the performance of the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. It was launched on Apr 12, 2023. SPYD is a passively managed fund by State Street that tracks the performance of the S&P 500 High Dividend Index. It was launched on Oct 21, 2015. Both WDTE.DE and SPYD 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: WDTE.DE or SPYD.
Key characteristics
| WDTE.DE | SPYD | |
|---|---|---|
| YTD Return | 39.70% | 21.62% |
| 1Y Return | 45.35% | 40.68% |
| Sharpe Ratio | 2.07 | 3.06 |
| Sortino Ratio | 2.67 | 4.33 |
| Omega Ratio | 1.36 | 1.56 |
| Calmar Ratio | 2.61 | 2.12 |
| Martin Ratio | 8.37 | 21.32 |
| Ulcer Index | 5.23% | 1.96% |
| Daily Std Dev | 21.02% | 13.64% |
| Max Drawdown | -16.75% | -46.42% |
| Current Drawdown | 0.00% | -0.11% |
Correlation
The correlation between WDTE.DE and SPYD is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WDTE.DE vs. SPYD - Performance Comparison
In the year-to-date period, WDTE.DE achieves a 39.70% return, which is significantly higher than SPYD's 21.62% 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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WDTE.DE vs. SPYD - Expense Ratio Comparison
WDTE.DE has a 0.18% expense ratio, which is higher than SPYD's 0.07% 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%.
Risk-Adjusted Performance
WDTE.DE vs. SPYD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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
WDTE.DE vs. SPYD - Dividend Comparison
WDTE.DE has not paid dividends to shareholders, while SPYD's dividend yield for the trailing twelve months is around 4.01%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 4.01% | 4.66% | 5.01% | 3.69% | 4.96% | 4.42% | 4.75% | 4.64% | 4.34% | 1.13% |
Drawdowns
WDTE.DE vs. SPYD - Drawdown Comparison
The maximum WDTE.DE drawdown since its inception was -16.75%, smaller than the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for WDTE.DE and SPYD. For additional features, visit the drawdowns tool.
Volatility
WDTE.DE vs. SPYD - Volatility Comparison
Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a higher volatility of 6.01% compared to SPDR Portfolio S&P 500 High Dividend ETF (SPYD) at 3.52%. This indicates that WDTE.DE's price experiences larger fluctuations and is considered to be riskier than SPYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.