WTCH.AS vs. MSCI
Compare and contrast key facts about SPDR MSCI World Technology UCITS ETF (WTCH.AS) and MSCI Inc. (MSCI).
WTCH.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech 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: WTCH.AS or MSCI.
Performance
WTCH.AS vs. MSCI - Performance Comparison
Returns By Period
In the year-to-date period, WTCH.AS achieves a 36.09% return, which is significantly higher than MSCI's 6.22% return.
WTCH.AS
36.09%
4.01%
16.99%
41.32%
22.51%
N/A
MSCI
6.22%
-2.06%
18.18%
15.23%
19.36%
30.09%
Key characteristics
| WTCH.AS | MSCI | |
|---|---|---|
| Sharpe Ratio | 1.99 | 0.53 |
| Sortino Ratio | 2.58 | 0.90 |
| Omega Ratio | 1.35 | 1.13 |
| Calmar Ratio | 2.57 | 0.45 |
| Martin Ratio | 8.39 | 1.33 |
| Ulcer Index | 4.88% | 10.97% |
| Daily Std Dev | 20.39% | 27.53% |
| Max Drawdown | -31.28% | -69.06% |
| Current Drawdown | -2.18% | -9.17% |
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Correlation
The correlation between WTCH.AS and MSCI 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.
Risk-Adjusted Performance
WTCH.AS vs. MSCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF (WTCH.AS) and MSCI Inc. (MSCI). 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
WTCH.AS vs. MSCI - Dividend Comparison
WTCH.AS has not paid dividends to shareholders, while MSCI's dividend yield for the trailing twelve months is around 1.08%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WTCH.AS SPDR MSCI World Technology UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSCI MSCI Inc. | 1.08% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% | 0.38% |
Drawdowns
WTCH.AS vs. MSCI - Drawdown Comparison
The maximum WTCH.AS drawdown since its inception was -31.28%, smaller than the maximum MSCI drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for WTCH.AS and MSCI. For additional features, visit the drawdowns tool.
Volatility
WTCH.AS vs. MSCI - Volatility Comparison
The current volatility for SPDR MSCI World Technology UCITS ETF (WTCH.AS) is 5.58%, while MSCI Inc. (MSCI) has a volatility of 6.65%. This indicates that WTCH.AS experiences smaller price fluctuations and is considered to be less risky than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.