WHEA.AS vs. ^SP500TR
Compare and contrast key facts about SPDR MSCI World Health Care UCITS ETF (WHEA.AS) and S&P 500 Total Return (^SP500TR).
WHEA.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Apr 29, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WHEA.AS or ^SP500TR.
Key characteristics
| WHEA.AS | ^SP500TR | |
|---|---|---|
| YTD Return | 12.76% | 26.93% |
| 1Y Return | 18.06% | 37.58% |
| 3Y Return (Ann) | 5.54% | 10.25% |
| 5Y Return (Ann) | 9.70% | 15.97% |
| Sharpe Ratio | 1.86 | 3.05 |
| Sortino Ratio | 2.65 | 4.06 |
| Omega Ratio | 1.33 | 1.57 |
| Calmar Ratio | 1.14 | 4.44 |
| Martin Ratio | 8.48 | 20.09 |
| Ulcer Index | 2.16% | 1.87% |
| Daily Std Dev | 9.83% | 12.28% |
| Max Drawdown | -25.77% | -55.25% |
| Current Drawdown | -4.21% | -0.28% |
Correlation
The correlation between WHEA.AS and ^SP500TR is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WHEA.AS vs. ^SP500TR - Performance Comparison
In the year-to-date period, WHEA.AS achieves a 12.76% return, which is significantly lower than ^SP500TR's 26.93% 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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Risk-Adjusted Performance
WHEA.AS vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Health Care UCITS ETF (WHEA.AS) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
WHEA.AS vs. ^SP500TR - Drawdown Comparison
The maximum WHEA.AS drawdown since its inception was -25.77%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for WHEA.AS and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
WHEA.AS vs. ^SP500TR - Volatility Comparison
The current volatility for SPDR MSCI World Health Care UCITS ETF (WHEA.AS) is 2.45%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.85%. This indicates that WHEA.AS experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.