XNTK vs. OGIG
Compare and contrast key facts about SPDR NYSE Technology ETF (XNTK) and O’Shares Global Internet Giants ETF (OGIG).
XNTK and OGIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNTK is a passively managed fund by State Street that tracks the performance of the NYSE Technology Index. It was launched on Sep 25, 2000. OGIG is a passively managed fund by O'Shares Investments that tracks the performance of the O’Shares Global Internet Giants Index. It was launched on Jun 5, 2018. Both XNTK and OGIG 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: XNTK or OGIG.
Correlation
The correlation between XNTK and OGIG is 0.89, 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.
Performance
XNTK vs. OGIG - Performance Comparison
Key characteristics
XNTK:
1.26
OGIG:
1.55
XNTK:
1.75
OGIG:
2.06
XNTK:
1.23
OGIG:
1.27
XNTK:
1.67
OGIG:
0.68
XNTK:
5.84
OGIG:
8.39
XNTK:
4.84%
OGIG:
3.67%
XNTK:
22.36%
OGIG:
19.86%
XNTK:
-76.26%
OGIG:
-66.05%
XNTK:
-3.96%
OGIG:
-25.86%
Returns By Period
In the year-to-date period, XNTK achieves a 25.73% return, which is significantly lower than OGIG's 29.31% return.
XNTK
25.73%
0.13%
5.69%
26.23%
20.82%
18.74%
OGIG
29.31%
2.04%
22.86%
28.74%
12.63%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XNTK vs. OGIG - Expense Ratio Comparison
XNTK has a 0.35% expense ratio, which is lower than OGIG's 0.48% expense ratio.
Risk-Adjusted Performance
XNTK vs. OGIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR NYSE Technology ETF (XNTK) and O’Shares Global Internet Giants ETF (OGIG). 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
XNTK vs. OGIG - Dividend Comparison
XNTK's dividend yield for the trailing twelve months is around 0.33%, while OGIG has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SPDR NYSE Technology ETF | 0.33% | 0.34% | 0.85% | 0.34% | 0.30% | 0.61% | 29.64% | 1.29% | 0.81% | 0.93% | 0.87% | 1.05% |
O’Shares Global Internet Giants 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% |
Drawdowns
XNTK vs. OGIG - Drawdown Comparison
The maximum XNTK drawdown since its inception was -76.26%, which is greater than OGIG's maximum drawdown of -66.05%. Use the drawdown chart below to compare losses from any high point for XNTK and OGIG. For additional features, visit the drawdowns tool.
Volatility
XNTK vs. OGIG - Volatility Comparison
The current volatility for SPDR NYSE Technology ETF (XNTK) is 5.69%, while O’Shares Global Internet Giants ETF (OGIG) has a volatility of 7.05%. This indicates that XNTK experiences smaller price fluctuations and is considered to be less risky than OGIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.