WELL vs. SPTE
WELL (Welltower Inc.) is a stock, while SPTE (SP Funds S&P Global Technology ETF) is Technology Equities fund tracking the S&P Global 1200 Shariah Information Technology Capped Index. Over the past year, WELL returned 43.41% vs 60.97% for SPTE. At a 0.01 correlation, their price movements are largely independent.
Performance
WELL vs. SPTE - Performance Comparison
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Returns By Period
In the year-to-date period, WELL achieves a 18.09% return, which is significantly lower than SPTE's 33.89% return.
WELL
- 1D
- 2.94%
- 1M
- 0.69%
- YTD
- 18.09%
- 6M
- 17.30%
- 1Y
- 43.41%
- 3Y*
- 44.80%
- 5Y*
- 24.16%
- 10Y*
- 15.75%
SPTE
- 1D
- -4.87%
- 1M
- 2.03%
- YTD
- 33.89%
- 6M
- 34.44%
- 1Y
- 60.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WELL vs. SPTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WELL Welltower Inc. | 18.09% | 49.86% | 43.07% | 1.20% |
SPTE SP Funds S&P Global Technology ETF | 33.89% | 26.37% | 33.28% | 5.52% |
Correlation
The correlation between WELL and SPTE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2023 | 0.01 |
The correlation between WELL and SPTE shifts across timeframes, from -0.12 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WELL vs. SPTE — Risk / Return Rank
WELL
SPTE
WELL vs. SPTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Welltower Inc. (WELL) and SP Funds S&P Global Technology ETF (SPTE). 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.
| WELL | SPTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 4.44 | -0.98 |
| Martin ratioReturn relative to average drawdown | 8.44 | 15.34 | -6.90 |
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Drawdowns
WELL vs. SPTE - Drawdown Comparison
The maximum WELL drawdown since its inception was -63.33%, which is greater than SPTE's maximum drawdown of -25.55%. Use the drawdown chart below to compare losses from any high point for WELL and SPTE.
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Drawdown Indicators
| WELL | SPTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.33% | -25.55% | -37.78% |
Max Drawdown (1Y)Largest decline over 1 year | -12.61% | -13.80% | +1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -12.99% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.33% | — | — |
Current DrawdownCurrent decline from peak | -1.12% | -6.72% | +5.60% |
Average DrawdownAverage peak-to-trough decline | -10.31% | -4.08% | -6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 3.99% | +1.17% |
Volatility
WELL vs. SPTE - Volatility Comparison
The current volatility for Welltower Inc. (WELL) is 10.22%, while SP Funds S&P Global Technology ETF (SPTE) has a volatility of 13.37%. This indicates that WELL experiences smaller price fluctuations and is considered to be less risky than SPTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WELL | SPTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.22% | 13.37% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 17.37% | 21.12% | -3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.08% | 24.86% | -2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.85% | 26.64% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.94% | 26.64% | +5.30% |
Dividends
WELL vs. SPTE - Dividend Comparison
WELL's dividend yield for the trailing twelve months is around 1.36%, more than SPTE's 0.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTE SP Funds S&P Global Technology ETF | 0.71% | 0.96% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WELL Welltower Inc. | 1.36% | 1.52% | 2.03% | 2.71% | 3.72% | 2.84% | 4.18% | 4.26% | 5.01% | 5.46% | 5.14% | 4.85% |
Frequently Asked Questions
WELL and SPTE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPTE has higher volatility (13.37%) compared to WELL (10.22%). In terms of maximum drawdown, WELL dropped -63.33% vs SPTE's -25.55%.
SPTE currently has the higher Sharpe Ratio (2.47 vs 1.98), 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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