WTEL.L vs. WTCH.AS
Compare and contrast key facts about SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) and SPDR MSCI World Technology UCITS ETF (WTCH.AS).
WTEL.L and WTCH.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTEL.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Comm Services NR USD. It was launched on Apr 29, 2016. 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. Both WTEL.L and WTCH.AS 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: WTEL.L or WTCH.AS.
Key characteristics
| WTEL.L | WTCH.AS | |
|---|---|---|
| YTD Return | 31.20% | 38.52% |
| 1Y Return | 40.27% | 44.78% |
| 3Y Return (Ann) | 5.15% | 15.28% |
| 5Y Return (Ann) | 11.97% | 23.13% |
| Sharpe Ratio | 2.61 | 2.15 |
| Sortino Ratio | 3.66 | 2.75 |
| Omega Ratio | 1.50 | 1.38 |
| Calmar Ratio | 1.84 | 2.75 |
| Martin Ratio | 14.58 | 8.98 |
| Ulcer Index | 2.64% | 4.88% |
| Daily Std Dev | 14.77% | 20.27% |
| Max Drawdown | -44.74% | -31.28% |
| Current Drawdown | -0.05% | 0.00% |
Correlation
The correlation between WTEL.L and WTCH.AS is 0.66, 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.
Performance
WTEL.L vs. WTCH.AS - Performance Comparison
In the year-to-date period, WTEL.L achieves a 31.20% return, which is significantly lower than WTCH.AS's 38.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WTEL.L vs. WTCH.AS - Expense Ratio Comparison
Both WTEL.L and WTCH.AS have an expense ratio of 0.30%.
Risk-Adjusted Performance
WTEL.L vs. WTCH.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) and SPDR MSCI World Technology UCITS ETF (WTCH.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.
Dividends
WTEL.L vs. WTCH.AS - Dividend Comparison
Neither WTEL.L nor WTCH.AS has paid dividends to shareholders.
Drawdowns
WTEL.L vs. WTCH.AS - Drawdown Comparison
The maximum WTEL.L drawdown since its inception was -44.74%, which is greater than WTCH.AS's maximum drawdown of -31.28%. Use the drawdown chart below to compare losses from any high point for WTEL.L and WTCH.AS. For additional features, visit the drawdowns tool.
Volatility
WTEL.L vs. WTCH.AS - Volatility Comparison
The current volatility for SPDR MSCI World Telecommunications UCITS ETF (WTEL.L) is 4.70%, while SPDR MSCI World Technology UCITS ETF (WTCH.AS) has a volatility of 5.58%. This indicates that WTEL.L experiences smaller price fluctuations and is considered to be less risky than WTCH.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.