WTCH.AS vs. QDVE.DE
Compare and contrast key facts about SPDR MSCI World Technology UCITS ETF (WTCH.AS) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
WTCH.AS and QDVE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015. Both WTCH.AS and QDVE.DE 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: WTCH.AS or QDVE.DE.
Performance
WTCH.AS vs. QDVE.DE - Performance Comparison
Returns By Period
In the year-to-date period, WTCH.AS achieves a 36.09% return, which is significantly lower than QDVE.DE's 39.03% return.
WTCH.AS
36.09%
4.01%
16.99%
41.32%
22.51%
N/A
QDVE.DE
39.03%
3.53%
18.52%
44.23%
25.53%
N/A
Key characteristics
| WTCH.AS | QDVE.DE | |
|---|---|---|
| Sharpe Ratio | 1.99 | 2.10 |
| Sortino Ratio | 2.58 | 2.73 |
| Omega Ratio | 1.35 | 1.36 |
| Calmar Ratio | 2.57 | 2.80 |
| Martin Ratio | 8.39 | 8.94 |
| Ulcer Index | 4.88% | 4.90% |
| Daily Std Dev | 20.39% | 20.71% |
| Max Drawdown | -31.28% | -31.45% |
| Current Drawdown | -2.18% | -2.25% |
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WTCH.AS vs. QDVE.DE - Expense Ratio Comparison
WTCH.AS has a 0.30% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio.
Correlation
The correlation between WTCH.AS and QDVE.DE is 0.96, 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.
Risk-Adjusted Performance
WTCH.AS vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF (WTCH.AS) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE). 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. QDVE.DE - Dividend Comparison
Neither WTCH.AS nor QDVE.DE has paid dividends to shareholders.
Drawdowns
WTCH.AS vs. QDVE.DE - Drawdown Comparison
The maximum WTCH.AS drawdown since its inception was -31.28%, roughly equal to the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for WTCH.AS and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
WTCH.AS vs. QDVE.DE - Volatility Comparison
SPDR MSCI World Technology UCITS ETF (WTCH.AS) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) have volatilities of 5.58% and 5.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.