WFIN.AS vs. IXG
Compare and contrast key facts about SPDR MSCI World Financials UCITS ETF (WFIN.AS) and iShares Global Financials ETF (IXG).
WFIN.AS and IXG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WFIN.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Financials NR USD. It was launched on Apr 29, 2016. IXG is a passively managed fund by iShares that tracks the performance of the S&P Global Financials Sector Index. It was launched on Nov 12, 2001. Both WFIN.AS and IXG 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: WFIN.AS or IXG.
Key characteristics
| WFIN.AS | IXG | |
|---|---|---|
| YTD Return | 35.43% | 27.81% |
| 1Y Return | 45.03% | 38.66% |
| 3Y Return (Ann) | 12.33% | 9.42% |
| 5Y Return (Ann) | 12.42% | 10.93% |
| Sharpe Ratio | 3.44 | 3.13 |
| Sortino Ratio | 4.55 | 4.11 |
| Omega Ratio | 1.70 | 1.56 |
| Calmar Ratio | 4.83 | 4.01 |
| Martin Ratio | 24.86 | 21.32 |
| Ulcer Index | 1.78% | 1.83% |
| Daily Std Dev | 12.82% | 12.47% |
| Max Drawdown | -42.00% | -78.42% |
| Current Drawdown | -0.07% | -0.86% |
Correlation
The correlation between WFIN.AS and IXG is 0.74, 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.
Performance
WFIN.AS vs. IXG - Performance Comparison
In the year-to-date period, WFIN.AS achieves a 35.43% return, which is significantly higher than IXG's 27.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WFIN.AS vs. IXG - Expense Ratio Comparison
WFIN.AS has a 0.30% expense ratio, which is lower than IXG's 0.46% expense ratio.
Risk-Adjusted Performance
WFIN.AS vs. IXG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Financials UCITS ETF (WFIN.AS) and iShares Global Financials ETF (IXG). 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
WFIN.AS vs. IXG - Dividend Comparison
WFIN.AS has not paid dividends to shareholders, while IXG's dividend yield for the trailing twelve months is around 2.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFIN.AS SPDR MSCI World Financials UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXG iShares Global Financials ETF | 2.42% | 2.62% | 3.71% | 1.68% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% | 2.38% | 2.14% |
Drawdowns
WFIN.AS vs. IXG - Drawdown Comparison
The maximum WFIN.AS drawdown since its inception was -42.00%, smaller than the maximum IXG drawdown of -78.42%. Use the drawdown chart below to compare losses from any high point for WFIN.AS and IXG. For additional features, visit the drawdowns tool.
Volatility
WFIN.AS vs. IXG - Volatility Comparison
The current volatility for SPDR MSCI World Financials UCITS ETF (WFIN.AS) is 4.37%, while iShares Global Financials ETF (IXG) has a volatility of 4.62%. This indicates that WFIN.AS experiences smaller price fluctuations and is considered to be less risky than IXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.