^AW01 vs. SPY
Compare and contrast key facts about FTSE All World (^AW01) and SPDR S&P 500 ETF (SPY).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AW01 or SPY.
Key characteristics
| ^AW01 | SPY | |
|---|---|---|
| YTD Return | 9.04% | 11.74% |
| 1Y Return | 20.78% | 28.12% |
| 3Y Return (Ann) | 4.13% | 10.36% |
| 5Y Return (Ann) | 9.02% | 14.97% |
| 10Y Return (Ann) | 6.52% | 12.97% |
| Sharpe Ratio | 2.33 | 2.56 |
| Daily Std Dev | 9.71% | 11.48% |
| Max Drawdown | -59.48% | -55.19% |
| Current Drawdown | 0.00% | -0.06% |
Correlation
The correlation between ^AW01 and SPY is 0.81, 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
^AW01 vs. SPY - Performance Comparison
In the year-to-date period, ^AW01 achieves a 9.04% return, which is significantly lower than SPY's 11.74% return. Over the past 10 years, ^AW01 has underperformed SPY with an annualized return of 6.52%, while SPY has yielded a comparatively higher 12.97% annualized 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.
Risk-Adjusted Performance
^AW01 vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTSE All World (^AW01) 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.
Drawdowns
^AW01 vs. SPY - Drawdown Comparison
The maximum ^AW01 drawdown since its inception was -59.48%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^AW01 and SPY. For additional features, visit the drawdowns tool.
Volatility
^AW01 vs. SPY - Volatility Comparison
The current volatility for FTSE All World (^AW01) is 2.84%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.37%. This indicates that ^AW01 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.