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WTCH.AS vs. SXLK.AS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

WTCH.AS vs. SXLK.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World Technology UCITS ETF (WTCH.AS) and SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
12.48%
5.82%
WTCH.AS
SXLK.AS

Returns By Period

In the year-to-date period, WTCH.AS achieves a 36.09% return, which is significantly higher than SXLK.AS's 23.65% return.


WTCH.AS

YTD

36.09%

1M

4.01%

6M

16.99%

1Y

41.32%

5Y (annualized)

22.51%

10Y (annualized)

N/A

SXLK.AS

YTD

23.65%

1M

2.75%

6M

10.05%

1Y

28.44%

5Y (annualized)

31.96%

10Y (annualized)

N/A

Key characteristics


WTCH.ASSXLK.AS
Sharpe Ratio1.991.42
Sortino Ratio2.581.93
Omega Ratio1.351.26
Calmar Ratio2.571.73
Martin Ratio8.395.46
Ulcer Index4.88%5.16%
Daily Std Dev20.39%19.67%
Max Drawdown-31.28%-34.44%
Current Drawdown-2.18%-1.99%

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WTCH.AS vs. SXLK.AS - Expense Ratio Comparison

WTCH.AS has a 0.30% expense ratio, which is higher than SXLK.AS's 0.15% expense ratio.


WTCH.AS
SPDR MSCI World Technology UCITS ETF
Expense ratio chart for WTCH.AS: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%
Expense ratio chart for SXLK.AS: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.8

The correlation between WTCH.AS and SXLK.AS is 0.82, 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. SXLK.AS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF (WTCH.AS) and SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS). 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.


Sharpe ratio
The chart of Sharpe ratio for WTCH.AS, currently valued at 1.79, compared to the broader market0.002.004.001.791.24
The chart of Sortino ratio for WTCH.AS, currently valued at 2.39, compared to the broader market-2.000.002.004.006.008.0010.002.391.73
The chart of Omega ratio for WTCH.AS, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.321.23
The chart of Calmar ratio for WTCH.AS, currently valued at 2.41, compared to the broader market0.005.0010.0015.002.411.55
The chart of Martin ratio for WTCH.AS, currently valued at 8.27, compared to the broader market0.0020.0040.0060.0080.00100.008.275.15
WTCH.AS
SXLK.AS

The current WTCH.AS Sharpe Ratio is 1.99, which is higher than the SXLK.AS Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of WTCH.AS and SXLK.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.79
1.24
WTCH.AS
SXLK.AS

Dividends

WTCH.AS vs. SXLK.AS - Dividend Comparison

Neither WTCH.AS nor SXLK.AS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

WTCH.AS vs. SXLK.AS - Drawdown Comparison

The maximum WTCH.AS drawdown since its inception was -31.28%, smaller than the maximum SXLK.AS drawdown of -34.44%. Use the drawdown chart below to compare losses from any high point for WTCH.AS and SXLK.AS. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.54%
-4.34%
WTCH.AS
SXLK.AS

Volatility

WTCH.AS vs. SXLK.AS - Volatility Comparison

SPDR MSCI World Technology UCITS ETF (WTCH.AS) has a higher volatility of 5.58% compared to SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) at 5.11%. This indicates that WTCH.AS's price experiences larger fluctuations and is considered to be riskier than SXLK.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.58%
5.11%
WTCH.AS
SXLK.AS