- Issuer
- iShares
- Inception Date
- Sep 16, 2011
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- iShares Agribusiness UCITS ETF USD (Acc)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SPAG.L Performance Chart
iShares Agribusiness UCITS ETF USD (Acc) (SPAG.L) is up 11.5% since the beginning of the year. SPAG.L is currently trading at £42 per share. Investors who bought £1,000 worth of SPAG.L shares 5 years ago would now be looking at an investment worth £1,276.
Loading charts...
Returns By Period
iShares Agribusiness UCITS ETF USD (Acc) (SPAG.L) has returned 11.48% so far this year and 13.71% over the past 12 months. Over the last ten years, SPAG.L has returned 7.09% per year, falling short of the S&P 500 Index benchmark, which averaged 13.06% annually.
iShares Agribusiness UCITS ETF USD (Acc)
- 1D
- 0.56%
- 1M
- 0.75%
- 6M
- 5.38%
- YTD
- 11.48%
- 1Y
- 13.71%
- 3Y*
- 4.36%
- 5Y*
- 5.00%
- 10Y*
- 7.09%
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
SPAG.L Monthly Returns History
Based on dividend-adjusted daily data since Sep 16, 2011, SPAG.L's average daily return is +0.02%, while the average monthly return is +0.44%. At this rate, an investment would double in approximately 13.2 years.
Historically, 58% of months were positive and 42% were negative. The best month was Mar 2022 with a return of +13.7%, while the worst month was Sep 2011 at -44.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, SPAG.L closed higher 51% of trading days. The best single day was Nov 16, 2023 with a return of +23.1%, while the worst single day was Sep 22, 2011 at -38.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.85% | 7.76% | 1.94% | -2.74% | -2.88% | -2.11% | 0.83% | 11.48% | |||||
| 2025 | 7.09% | -5.29% | -0.93% | -1.18% | 3.78% | 1.23% | 4.04% | 0.93% | -1.05% | -0.71% | 1.95% | -0.88% | 8.75% |
| 2024 | -4.71% | 1.61% | 6.50% | -2.17% | -1.91% | -1.10% | 0.40% | -2.02% | 0.58% | 1.65% | 3.08% | -5.58% | -4.21% |
| 2023 | 1.78% | 0.39% | -5.38% | -4.04% | -8.09% | 3.56% | 5.89% | -2.86% | -0.07% | -7.01% | -2.23% | 4.45% | -13.78% |
| 2022 | 0.83% | 6.34% | 13.74% | 1.84% | -1.12% | -10.42% | 5.90% | 7.26% | -6.54% | 6.11% | -1.21% | -6.00% | 15.09% |
| 2021 | 2.90% | 6.82% | 4.72% | 2.19% | -0.94% | -2.03% | -0.88% | 2.60% | 1.74% | 2.05% | -0.37% | 3.80% | 24.65% |
Benchmark Metrics
iShares Agribusiness UCITS ETF USD (Acc) has an annualized alpha of -1.46%, beta of 0.44, and R2 of 0.14 versus S&P 500 Index. Calculated based on daily prices since September 16, 2011.
- This ETF participated in 106.65% of S&P 500 Index downside but only 57.44% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.44 may look defensive, but with R2 of 0.14 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.14 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.46%
- Beta
- 0.44
- R²
- 0.14
- Upside Capture
- 57.44%
- Downside Capture
- 106.65%
Expense Ratio
SPAG.L has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPAG.L ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Agribusiness UCITS ETF USD (Acc) (SPAG.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPAG.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 2.50 | -0.90 |
| Martin ratioReturn relative to average drawdown | 4.12 | 9.11 | -4.99 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Agribusiness UCITS ETF USD (Acc). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Agribusiness UCITS ETF USD (Acc) was 43.95%, occurring on Sep 26, 2011. Recovery took 1523 trading sessions.
The current iShares Agribusiness UCITS ETF USD (Acc) drawdown is 10.54%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-43.95%Sep 2011 | 7d | 6y 11d | 6y 18dSep 2011 - Oct 2017 | — |
-31.95%Apr 2025 | 2y 7mo | — | 3y 10moAug 2022 - now | 2025 selloff2025 |
-31.70%Mar 2020 | 7mo 19d | 8mo 14d | 1y 3moAug 2019 - Nov 2020 | COVID crash2020 |
-17.00%Jul 2022 | 2mo 24d | 1mo 12d | 4mo 6dApr 2022 - Aug 2022 | Bear market2022 |
-13.07%Dec 2018 | 2mo 21d | 5mo 26d | 8mo 17dOct 2018 - Jun 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| SPAG.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.95% | -37.07% | -6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -8.03% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -27.60% | -22.15% | -5.45% |
Max Drawdown (5Y)Largest decline over 5 years | -31.95% | -22.15% | -9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -31.95% | -26.01% | -5.94% |
Current DrawdownCurrent decline from peak | -10.54% | -1.42% | -9.12% |
Average DrawdownAverage peak-to-trough decline | -17.43% | -5.29% | -12.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 2.20% | +1.52% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SPAG.L
Add iShares Agribusiness UCITS ETF USD (Acc) to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SPAG.L