KWEB vs SPEM: returns, Sharpe ratio and drawdown

Over the past year, SPEM returned +6.54% against -39.52% for KWEB. Over five years, SPEM averaged +3.31% a year, compared with -12.63% for KWEB. SPEM had the higher Sharpe ratio over the past year (0.20 vs -1.95), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -11.36% for SPEM and -42.85% for KWEB.