^AW03 vs. SPY
Compare and contrast key facts about FTSE All World ex UK Index (^AW03) 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: ^AW03 or SPY.
Correlation
The correlation between ^AW03 and SPY is 0.86, 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
^AW03 vs. SPY - Performance Comparison
Key characteristics
^AW03:
1.53
SPY:
1.88
^AW03:
2.06
SPY:
2.53
^AW03:
1.28
SPY:
1.35
^AW03:
1.90
SPY:
2.83
^AW03:
7.85
SPY:
11.74
^AW03:
2.03%
SPY:
2.02%
^AW03:
10.40%
SPY:
12.64%
^AW03:
-58.89%
SPY:
-55.19%
^AW03:
-0.39%
SPY:
-0.42%
Returns By Period
In the year-to-date period, ^AW03 achieves a 4.91% return, which is significantly higher than SPY's 4.15% return. Over the past 10 years, ^AW03 has underperformed SPY with an annualized return of 7.53%, while SPY has yielded a comparatively higher 13.18% annualized return.
^AW03
4.91%
2.21%
7.40%
17.93%
8.93%
7.53%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
^AW03 vs. SPY — Risk-Adjusted Performance Rank
^AW03
SPY
^AW03 vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTSE All World ex UK Index (^AW03) 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
^AW03 vs. SPY - Drawdown Comparison
The maximum ^AW03 drawdown since its inception was -58.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^AW03 and SPY. For additional features, visit the drawdowns tool.
Volatility
^AW03 vs. SPY - Volatility Comparison
The current volatility for FTSE All World ex UK Index (^AW03) is 2.63%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.88%. This indicates that ^AW03 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.