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CEW vs SPY

Comparison between WISDOMTREE EMERGING CURRENCY STRATEGY FUND (CEW, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CEW, delivering a return of +13.3% compared to +2.9%

CEW vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
CEW
$16M
Winner
SPY
$735B
Expense Ratio
CEW
0.55%
Winner
SPY
0.09%
Max Drawdown
Winner
CEW
33.16%
SPY
56.47%
Sharpe Ratio
CEW
0.59
Winner
SPY
1.62
5Y Beta
Winner
CEW
0.15
SPY
1.00
P/E Ratio
CEW
N/A
SPY
28.99
Forward P/E
CEW
N/A
SPY
22.37
5Y Dividends CAGR
Winner
CEW
63.59%
SPY
5.43%
5Y EPS CAGR
CEW
N/A
SPY
26.05%
Debt to Equity
CEW
N/A
SPY
32.40%
P/S Ratio
CEW
N/A
SPY
3.74
P/B Ratio
CEW
N/A
SPY
5.61

CEW vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
CEW
-0.55%
Winner
SPY
+1.90%
3M
CEW
+1.07%
Winner
SPY
+8.55%
6M
CEW
+2.59%
Winner
SPY
+8.18%
1Y
CEW
+6.81%
Winner
SPY
+25.79%
5Y(CAGR)
CEW
+2.90%
Winner
SPY
+13.32%
10Y(CAGR)
CEW
+2.36%
Winner
SPY
+15.19%
Max(CAGR)
CEW
+0.97%
Winner
SPY
+8.47%

CEW vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearCEWSPY
2026+1.46%+8.26%
2025+14.11%+18.00%
2024-0.28%+25.59%
2023+9.59%+26.72%
2022-1.53%-18.64%
2021-6.60%+30.52%
2020-0.04%+17.28%
2019+4.72%+31.09%
2018-5.82%-5.24%
2017+11.67%+20.78%
2016+5.23%+13.59%
2015-9.43%+1.31%
2014-6.35%+14.56%
2013-5.29%+29.00%
2012+5.81%+14.17%
2011-8.16%+0.85%
2010+5.42%+13.14%
2009+6.13%+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

CEW vs SPY Drawdown Comparison

The maximum drawdown for CEW was -27.89%, occurring on Jan 20, 2016. Recovery took 3706 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current CEW drawdown is -1.67%. The current SPY drawdown is -2.90%.

RankCEWSPY
#1-27.89%
Apr 29, 2011 - Jan 26, 2026
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-7.20%
Apr 14, 2010 - Sep 21, 2010
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-4.32%
Jan 11, 2010 - Apr 9, 2010
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-3.87%
Nov 4, 2010 - Mar 24, 2011
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-3.85%
Feb 25, 2026 - Mar 30, 2026
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-2.80%
Jul 1, 2009 - Jul 20, 2009
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-2.79%
Oct 15, 2009 - Nov 9, 2009
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-2.55%
Aug 3, 2009 - Sep 15, 2009
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-2.46%
Nov 25, 2009 - Jan 6, 2010
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-1.92%
Oct 14, 2010 - Nov 4, 2010
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-1.91%
Jun 2, 2009 - Jul 1, 2009
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-1.48%
Jan 27, 2026 - Feb 10, 2026
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-1.47%
Nov 16, 2009 - Nov 25, 2009
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-1.22%
Jul 27, 2009 - Jul 31, 2009
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-1.20%
Apr 8, 2011 - Apr 21, 2011
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CEW and SPY is 0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

0.06
-101

Dividend Comparison (1999 - 2026)

CEW vs SPY dividend yield comparison.

YearCEWSPY
20260.00%0.24%
20252.47%1.07%
20245.42%1.21%
20232.00%1.40%
20220.80%1.65%
20210.00%1.20%
20200.64%1.52%
20191.90%1.75%
20181.87%2.04%
20170.00%1.80%
20160.00%2.03%
20150.00%2.06%
20140.00%1.87%
20130.00%1.81%
20120.00%2.18%
20115.37%2.05%
20103.72%1.80%
20090.81%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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