SPDW vs UXI Fund Comparison

A comparison between SPDW and UXI based on their expense ratio, growth, holdings and how well they match their benchmark performance.

Group Created with Sketch.

Minafi's Take on SPDW vs UXI

Here's an in depth look at the differences between SPDR Portfolio Developed World ex-US ETF ($SPDW) and ProShares Ultra Industrials ($UXI).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

92% FI Score
  • spdw
  • ETF
  • International Stocks
  • Large Blend

SPDR Portfolio Developed World ex-US ETF

Expenses: 0.04% (Better than 1% of similar funds)

This is a great choice for a Large Blend International Stocks fund. See why »

33% FI Score
  • uxi
  • ETF
  • Alternative
  • Leveraged Equities

ProShares Ultra Industrials

Expenses: 0.95% (Better than 1% of similar funds)

This is a bad choice for a Leveraged Equities Alternative fund. See why »

Both $SPDW and $UXI are categorized as ETFs. ETFs have an added bonus over mutual funds of being more widely available. Mutual funds are often limited to only the issuing investment brokerage. Since these are both ETFs, you may be able to find these at a wider number of investment apps and websites.

The biggest disadvantage of ETFs is that some platforms only allow you to purchase ETFs in whole shares. So if an ETF is going for $75, you may need to invest in increments of $75. Most 401(k)'s allow for investing down to the penny, but you'll want to verify your platform allows for "fractional ETF Shares".

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

SPDW UXI
Market Score 8.9 /10 3.9 /10
Category Score 10.0 /10 0.0 /10
Total 18.9 3.9

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $SPDW

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, SPDW has an expense ratio of 0.04% while UXI has an expense ratio of 0.95%.

Winner: $SPDW

Fund Size Comparison

One place these two funds differ is in their total assets under management. This is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

In the case of these two funds, SPDW is a large fund with 6.51 Billion in assets under management. UXI, on the other hand, is a small fund with 14.8 Million in assets under management.

Winner: $SPDW, SPDR Portfolio Developed World ex-US ETF

Which Should You Choose? SPDW or UXI?

Comparing these two funds isn't an apples to apples comparison. SPDW is a International Stocks Large Blend fund, while UXI is a Alternative Leveraged Equities fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives SPDW a score of 92 and UXI a score of 33.

Winner: $SPDW, SPDR Portfolio Developed World ex-US ETF

$SPDW

SPDR Portfolio Developed World ex-US ETF

92

Read More
Ratings
Rating Type Rating
Diversification Score 9 /10
Expense Ratio Score 10 /10
Expense Rating 10 /10
Market Score 9 /10
Category Score 10 /10
Overview
Overview Details
Fund Type ETF
Exchange NYSE ARCA
Expense Ratio 0.040%
Net Assets 6.51 Billion
Yield 3.64%
Holdings
Description Info
Market International Stocks
Category Large Blend
Sectors
  • Basic Materials 7.43%
  • Communication Services 6.01%
  • Consumer Cyclicals 9.58%
  • Consumer Defensive 10.42%
  • Energy 4.38%
  • Financial Services 16.14%
  • Healthcare 13.04%
  • Industrials 14.90%
  • Real Estate 3.91%
  • Technology 10.87%
  • Utilities 3.33%
Regions
  • Africa/Middle East 0.65%
  • Asia Developed 8.48%
  • Asia Emerging 0.40%
  • Australasia 6.02%
  • Europe Developed 37.73%
  • Europe Emerging 0.01%
  • Japan 25.04%
  • Latin America 0.02%
  • North America 9.29%
  • United Kingdom 12.36%

$UXI

ProShares Ultra Industrials

33

Read More
Ratings
Rating Type Rating
Expense Ratio Score 7 /10
Expense Rating 1 /10
Market Score 4 /10
Category Score 0 /10
Overview
Overview Details
Fund Type ETF
Inception Date Apr-30-2018
Exchange NYSE ARCA
Expense Ratio 0.950%
Net Assets 14.8 Million
Yield 0.84%
Holdings
Description Info
Market Alternative
Category Leveraged Equities
Sectors
  • Basic Materials 2.45%
  • Communication Services 0.22%
  • Consumer Cyclicals 3.69%
  • Consumer Defensive 0.00%
  • Energy 0.00%
  • Financial Services 5.77%
  • Healthcare 0.33%
  • Industrials 69.79%
  • Real Estate 0.00%
  • Technology 17.74%
  • Utilities 0.00%
Regions
  • Asia Emerging 0.17%
  • North America 99.25%
  • United Kingdom 0.58%

Adam says: Learn how to confidently invest for retirement!

Join the Minafi Investor Bootcamp to see how.

This 10-course bootcamp starts at only $10 for everything!

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs up duo thumbs down duo