WTCH.AS vs. VYM

Last updated Jun 5, 2026

WTCH.AS (SPDR MSCI World Technology UCITS ETF) and VYM (Vanguard High Dividend Yield ETF) are both exchange-traded funds - WTCH.AS is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while VYM is a Dividend fund tracking the FTSE High Dividend Yield Index. Both are passively managed. Over the past 10 years, WTCH.AS returned 23.98%/yr vs 11.59%/yr for VYM. At a 0.35 correlation, their price movements are largely independent. WTCH.AS charges 0.30%/yr vs 0.04%/yr for VYM.

Performance

WTCH.AS vs. VYM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in SPDR MSCI World Technology UCITS ETF (WTCH.AS) and Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WTCH.AS is traded in EUR, while VYM is traded in USD. To make them comparable, the VYM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WTCH.AS achieves a 25.44% return, which is significantly higher than VYM's 13.70% return. Over the past 10 years, WTCH.AS has outperformed VYM with an annualized return of 23.98%, while VYM has yielded a comparatively lower 11.59% annualized return.

WTCH.AS

• 1D: -1.95%
• 1M: 14.84%
• YTD: 25.44%
• 6M: 23.94%
• 1Y: 48.66%
• 3Y*: 29.25%
• 5Y*: 22.49%
• 10Y*: 23.98%

VYM

• 1D: -0.19%
• 1M: 3.29%
• YTD: 13.70%
• 6M: 12.22%
• 1Y: 24.49%
• 3Y*: 15.90%
• 5Y*: 12.50%
• 10Y*: 11.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WTCH.AS vs. VYM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTCH.AS SPDR MSCI World Technology UCITS ETF	25.44%	8.41%	43.39%	49.09%	-27.66%	40.88%	31.79%	49.43%	1.91%	21.26%
VYM Vanguard High Dividend Yield ETF	13.70%	1.73%	25.36%	3.38%	5.74%	35.64%	-7.19%	26.87%	-1.51%	2.11%

Correlation

The correlation between WTCH.AS and VYM is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 5, 2016	0.35

The correlation between WTCH.AS and VYM shifts across timeframes, from 0.23 (1 year) to 0.35 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

WTCH.AS vs. VYM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WTCH.AS

WTCH.AS Risk / Return Rank: 64
WTCH.AS Sharpe Ratio Rank: 74
WTCH.AS Sortino Ratio Rank: 68
WTCH.AS Omega Ratio Rank: 65
WTCH.AS Calmar Ratio Rank: 63
WTCH.AS Martin Ratio Rank: 49

VYM

VYM Risk / Return Rank: 80
VYM Sharpe Ratio Rank: 82
VYM Sortino Ratio Rank: 84
VYM Omega Ratio Rank: 80
VYM Calmar Ratio Rank: 79
VYM Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTCH.AS vs. VYM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF (WTCH.AS) and Vanguard High Dividend Yield ETF (VYM). 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.

	WTCH.AS	VYM	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.28	+0.08
Sortino ratio: Return per unit of downside risk	3.09	3.07	+0.01
Omega ratio: Gain probability vs. loss probability	1.39	1.41	-0.02
Calmar ratio: Return relative to maximum drawdown	3.06	5.07	-2.01
Martin ratio: Return relative to average drawdown	8.10	17.44	-9.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTCH.AS vs. VYM - Sharpe Ratio Comparison

The current WTCH.AS Sharpe Ratio is 2.37, which is comparable to the VYM Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of WTCH.AS and VYM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTCH.AS	VYM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.28	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.88	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.11	0.68	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.54	+0.60

Drawdowns

WTCH.AS vs. VYM - Drawdown Comparison

The maximum WTCH.AS drawdown since its inception was -31.28%, smaller than the maximum VYM drawdown of -51.83%. Use the drawdown chart below to compare losses from any high point for WTCH.AS and VYM.

Drawdown Indicators

	WTCH.AS	VYM	Difference
Max Drawdown Largest peak-to-trough decline	-31.28%	-51.83%	+20.55%
Max Drawdown (1Y) Largest decline over 1 year	-15.67%	-4.85%	-10.82%
Max Drawdown (3Y) Largest decline over 3 years	-30.06%	-19.91%	-10.15%
Max Drawdown (5Y) Largest decline over 5 years	-30.06%	-19.91%	-10.15%
Max Drawdown (10Y) Largest decline over 10 years	-31.28%	-34.24%	+2.96%
Current Drawdown Current decline from peak	-2.46%	-0.34%	-2.12%
Average Drawdown Average peak-to-trough decline	-5.89%	-8.16%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.96%	1.41%	+4.55%

Volatility

WTCH.AS vs. VYM - Volatility Comparison

SPDR MSCI World Technology UCITS ETF (WTCH.AS) has a higher volatility of 7.02% compared to Vanguard High Dividend Yield ETF (VYM) at 2.67%. This indicates that WTCH.AS's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTCH.AS	VYM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	2.67%	+4.35%
Volatility (6M) Calculated over the trailing 6-month period	14.82%	7.83%	+6.99%
Volatility (1Y) Calculated over the trailing 1-year period	20.28%	10.81%	+9.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	14.22%	+8.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.39%	17.08%	+4.31%

WTCH.AS vs. VYM - Expense Ratio Comparison

WTCH.AS has a 0.30% expense ratio, which is higher than VYM's 0.04% expense ratio.

Dividends

WTCH.AS vs. VYM - Dividend Comparison

WTCH.AS has not paid dividends to shareholders, while VYM's dividend yield for the trailing twelve months is around 2.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VYM Vanguard High Dividend Yield ETF	2.19%	2.44%	2.74%	3.12%	3.01%	2.76%	3.18%	3.03%	3.40%	2.80%	2.91%	3.22%
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%	0.00%

Frequently Asked Questions

Can I hold both WTCH.AS and VYM in my portfolio?

WTCH.AS and VYM have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTCH.AS or VYM?

On fees, VYM is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTCH.AS or VYM?

VYM is cheaper with a 0.04% expense ratio, compared with 0.30% for WTCH.AS.

What is the main difference between WTCH.AS and VYM?

WTCH.AS is categorized as Technology Equities, while VYM is Dividend. WTCH.AS tracks MSCI World/Information Tech NR USD, while VYM tracks FTSE High Dividend Yield Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.30% for WTCH.AS and 0.04% for VYM.