500U.L vs. 500G.L
500U.L (Amundi S&P 500 Swap UCITS ETF USD Acc) and 500G.L (Amundi S&P 500 Swap UCITS ETF USD Acc) are both S&P 500 funds from Amundi - 500U.L tracks the S&P 500 Index while 500G.L tracks the S&P 500. Both are passively managed. Over the past 10 years, 500U.L returned 15.69%/yr vs 15.40%/yr for 500G.L. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
500U.L vs. 500G.L - Performance Comparison
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Different Trading Currencies
500U.L is traded in USD, while 500G.L is traded in GBp. To make them comparable, the 500G.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with 500U.L having a 10.41% return and 500G.L slightly lower at 10.30%. Both investments have delivered pretty close results over the past 10 years, with 500U.L having a 15.69% annualized return and 500G.L not far behind at 15.40%.
500U.L
- 1D
- -0.02%
- 1M
- 3.27%
- YTD
- 10.41%
- 6M
- 10.80%
- 1Y
- 27.61%
- 3Y*
- 22.30%
- 5Y*
- 13.83%
- 10Y*
- 15.69%
500G.L
- 1D
- 0.01%
- 1M
- 3.23%
- YTD
- 10.30%
- 6M
- 10.64%
- 1Y
- 27.73%
- 3Y*
- 22.19%
- 5Y*
- 13.84%
- 10Y*
- 15.40%
500U.L vs. 500G.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
500U.L Amundi S&P 500 Swap UCITS ETF USD Acc | 10.41% | 17.98% | 24.83% | 26.85% | -19.06% | 30.19% | 18.05% | 32.02% | -5.58% | 21.10% |
500G.L Amundi S&P 500 Swap UCITS ETF USD Acc | 10.30% | 17.70% | 25.32% | 26.22% | -18.60% | 30.16% | 17.30% | 32.59% | -5.96% | 21.33% |
Correlation
The correlation between 500U.L and 500G.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016 | 0.76 |
The correlation between 500U.L and 500G.L shifts across timeframes, from 0.76 (all time) to 0.90 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
500U.L vs. 500G.L — Risk / Return Rank
500U.L
500G.L
500U.L vs. 500G.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Swap UCITS ETF USD Acc (500U.L) and Amundi S&P 500 Swap UCITS ETF USD Acc (500G.L). 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.
| 500U.L | 500G.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.45 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 3.14 | +0.20 |
| Martin ratioReturn relative to average drawdown | 14.61 | 13.55 | +1.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 500U.L | 500G.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 2.52 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.88 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.12 | 0.96 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.23 | 1.01 | +0.22 |
Drawdowns
500U.L vs. 500G.L - Drawdown Comparison
The maximum 500U.L drawdown since its inception was -34.04%, roughly equal to the maximum 500G.L drawdown of -33.53%. Use the drawdown chart below to compare losses from any high point for 500U.L and 500G.L.
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Drawdown Indicators
| 500U.L | 500G.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.04% | -33.53% | -0.51% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -8.87% | +0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -18.29% | -19.17% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -24.22% | -24.88% | +0.66% |
Max Drawdown (10Y)Largest decline over 10 years | -34.04% | -33.53% | -0.51% |
Current DrawdownCurrent decline from peak | -0.51% | -0.53% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -4.23% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 2.06% | -0.15% |
Volatility
500U.L vs. 500G.L - Volatility Comparison
Amundi S&P 500 Swap UCITS ETF USD Acc (500U.L) has a higher volatility of 3.21% compared to Amundi S&P 500 Swap UCITS ETF USD Acc (500G.L) at 2.59%. This indicates that 500U.L's price experiences larger fluctuations and is considered to be riskier than 500G.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 500U.L | 500G.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 2.59% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 8.54% | 7.97% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.57% | 11.05% | +0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.79% | 15.65% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.26% | 16.13% | +2.13% |
500U.L vs. 500G.L - Expense Ratio Comparison
Both 500U.L and 500G.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
500U.L vs. 500G.L - Dividend Comparison
Neither 500U.L nor 500G.L has paid dividends to shareholders.
Frequently Asked Questions
500U.L and 500G.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
500U.L and 500G.L have the same expense ratio: 0.15% per year.
500U.L tracks S&P 500 Index, while 500G.L tracks S&P 500.
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