WTEC.L vs. SPX5.L
Compare and contrast key facts about SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) and SPDR S&P 500 UCITS ETF (SPX5.L).
WTEC.L and SPX5.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTEC.L is a passively managed fund by State Street that tracks the performance of the MSCI World Information Technology index. It was launched on Apr 29, 2016. SPX5.L is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012. Both WTEC.L and SPX5.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
WTEC.L vs. SPX5.L - Performance Comparison
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WTEC.L vs. SPX5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTEC.L SPDR MSCI World Technology UCITS ETF USD Acc | -7.94% | 22.22% | 34.07% | 54.87% | -31.49% | 29.89% | 44.12% | 46.72% | -3.47% | 37.86% |
SPX5.L SPDR S&P 500 UCITS ETF | -4.18% | 17.59% | 25.34% | 26.07% | -18.73% | 29.78% | 17.00% | 31.82% | -5.70% | 22.25% |
Different Trading Currencies
WTEC.L is traded in USD, while SPX5.L is traded in GBP. To make them comparable, the SPX5.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WTEC.L achieves a -7.94% return, which is significantly lower than SPX5.L's -4.18% return.
WTEC.L
- 1D
- 4.09%
- 1M
- -2.75%
- YTD
- -7.94%
- 6M
- -6.32%
- 1Y
- 28.85%
- 3Y*
- 24.60%
- 5Y*
- 15.07%
- 10Y*
- —
SPX5.L
- 1D
- 2.21%
- 1M
- -3.97%
- YTD
- -4.18%
- 6M
- -1.08%
- 1Y
- 18.24%
- 3Y*
- 18.77%
- 5Y*
- 11.76%
- 10Y*
- 13.96%
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WTEC.L vs. SPX5.L - Expense Ratio Comparison
WTEC.L has a 0.30% expense ratio, which is higher than SPX5.L's 0.09% expense ratio.
Return for Risk
WTEC.L vs. SPX5.L — Risk / Return Rank
WTEC.L
SPX5.L
WTEC.L vs. SPX5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) and SPDR S&P 500 UCITS ETF (SPX5.L). 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.
| WTEC.L | SPX5.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 1.15 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.77 | 1.67 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.00 | -0.35 |
Martin ratioReturn relative to average drawdown | 5.07 | 8.12 | -3.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTEC.L | SPX5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.15 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.75 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.87 | +0.11 |
Correlation
The correlation between WTEC.L and SPX5.L 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.
Dividends
WTEC.L vs. SPX5.L - Dividend Comparison
WTEC.L has not paid dividends to shareholders, while SPX5.L's dividend yield for the trailing twelve months is around 1.01%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTEC.L SPDR MSCI World Technology UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPX5.L SPDR S&P 500 UCITS ETF | 1.01% | 0.98% | 1.04% | 1.21% | 1.39% | 0.98% | 1.40% | 1.76% | 1.71% | 2.36% | 1.49% | 1.68% |
Drawdowns
WTEC.L vs. SPX5.L - Drawdown Comparison
The maximum WTEC.L drawdown since its inception was -35.96%, which is greater than SPX5.L's maximum drawdown of -33.47%. Use the drawdown chart below to compare losses from any high point for WTEC.L and SPX5.L.
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Drawdown Indicators
| WTEC.L | SPX5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.96% | -25.45% | -10.51% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -10.53% | -6.33% |
Max Drawdown (5Y)Largest decline over 5 years | -35.96% | -20.90% | -15.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.45% | — |
Current DrawdownCurrent decline from peak | -12.90% | -4.73% | -8.17% |
Average DrawdownAverage peak-to-trough decline | -6.38% | -3.21% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | 2.06% | +3.42% |
Volatility
WTEC.L vs. SPX5.L - Volatility Comparison
SPDR MSCI World Technology UCITS ETF USD Acc (WTEC.L) has a higher volatility of 6.86% compared to SPDR S&P 500 UCITS ETF (SPX5.L) at 4.47%. This indicates that WTEC.L's price experiences larger fluctuations and is considered to be riskier than SPX5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTEC.L | SPX5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 4.47% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 15.27% | 8.65% | +6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.96% | 15.89% | +8.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.33% | 15.61% | +7.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 16.05% | +5.71% |