XDWE.L vs. SPY
Compare and contrast key facts about Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) and SPDR S&P 500 ETF (SPY).
XDWE.L and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDWE.L is a passively managed fund by Xtrackers that tracks the performance of the Russell 1000 TR USD. It was launched on Jun 10, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both XDWE.L and SPY 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: XDWE.L or SPY.
Performance
XDWE.L vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, XDWE.L achieves a 16.80% return, which is significantly lower than SPY's 24.91% return. Both investments have delivered pretty close results over the past 10 years, with XDWE.L having a 12.48% annualized return and SPY not far ahead at 13.04%.
XDWE.L
16.80%
3.36%
9.23%
24.85%
12.20%
12.48%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| XDWE.L | SPY | |
|---|---|---|
| Sharpe Ratio | 2.42 | 2.67 |
| Sortino Ratio | 3.55 | 3.56 |
| Omega Ratio | 1.46 | 1.50 |
| Calmar Ratio | 3.14 | 3.85 |
| Martin Ratio | 12.63 | 17.38 |
| Ulcer Index | 1.98% | 1.86% |
| Daily Std Dev | 10.30% | 12.17% |
| Max Drawdown | -31.08% | -55.19% |
| Current Drawdown | -0.72% | -1.77% |
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XDWE.L vs. SPY - Expense Ratio Comparison
XDWE.L has a 0.20% expense ratio, which is higher than SPY's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between XDWE.L and SPY is 0.56, 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.
Risk-Adjusted Performance
XDWE.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) and SPDR S&P 500 ETF (SPY). 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
XDWE.L vs. SPY - Dividend Comparison
XDWE.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDWE.L Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
XDWE.L vs. SPY - Drawdown Comparison
The maximum XDWE.L drawdown since its inception was -31.08%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for XDWE.L and SPY. For additional features, visit the drawdowns tool.
Volatility
XDWE.L vs. SPY - Volatility Comparison
The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDWE.L) is 3.41%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. This indicates that XDWE.L experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.