5ESE.DE vs. SPQB.DE
5ESE.DE (Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc) and SPQB.DE (Global X S&P 500 Quarterly Buffer UCITS ETF) are both S&P 500 funds - 5ESE.DE tracks the S&P 500 ESG Index while SPQB.DE tracks the Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect. Both are passively managed. Over the past 3 years, 5ESE.DE returned 17.55%/yr vs 10.14%/yr for SPQB.DE. At a 0.36 correlation, their price movements are largely independent. 5ESE.DE charges 0.09%/yr vs 0.50%/yr for SPQB.DE.
Performance
5ESE.DE vs. SPQB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 5ESE.DE achieves a 7.92% return, which is significantly higher than SPQB.DE's 7.07% return.
5ESE.DE
- 1D
- 0.12%
- 1M
- 0.07%
- 6M
- 8.61%
- YTD
- 7.92%
- 1Y
- 20.25%
- 3Y*
- 17.55%
- 5Y*
- —
- 10Y*
- —
SPQB.DE
- 1D
- 0.00%
- 1M
- 1.55%
- 6M
- 7.73%
- YTD
- 7.07%
- 1Y
- 14.84%
- 3Y*
- 10.14%
- 5Y*
- —
- 10Y*
- —
5ESE.DE vs. SPQB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
5ESE.DE Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc | 7.92% | 15.84% | 21.80% | 17.93% |
SPQB.DE Global X S&P 500 Quarterly Buffer UCITS ETF | 7.07% | -0.77% | 20.64% | 4.26% |
Correlation
The correlation between 5ESE.DE and SPQB.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2023 | 0.36 |
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Return for Risk
5ESE.DE vs. SPQB.DE — Risk / Return Rank
5ESE.DE
SPQB.DE
5ESE.DE vs. SPQB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) and Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE). 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.
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.
| 5ESE.DE | SPQB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.38 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 4.81 | -2.62 |
| Martin ratioReturn relative to average drawdown | 9.28 | 13.86 | -4.58 |
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Drawdowns
5ESE.DE vs. SPQB.DE - Drawdown Comparison
The maximum 5ESE.DE drawdown since its inception was -25.54%, which is greater than SPQB.DE's maximum drawdown of -16.15%. Use the drawdown chart below to compare losses from any high point for 5ESE.DE and SPQB.DE.
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Drawdown Indicators
| 5ESE.DE | SPQB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.54% | -16.15% | -9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -9.20% | -3.10% | -6.10% |
Max Drawdown (3Y)Largest decline over 3 years | -19.31% | -16.15% | -3.16% |
Current DrawdownCurrent decline from peak | -1.36% | -1.04% | -0.32% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -2.84% | -4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 1.07% | +1.11% |
Volatility
5ESE.DE vs. SPQB.DE - Volatility Comparison
Invesco S&P 500 Scored & Screened ETF EUR Hdg Acc (5ESE.DE) has a higher volatility of 4.11% compared to Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB.DE) at 1.75%. This indicates that 5ESE.DE's price experiences larger fluctuations and is considered to be riskier than SPQB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5ESE.DE | SPQB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 1.75% | +2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 9.35% | 4.40% | +4.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 7.45% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 9.87% | +6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.62% | 9.87% | +6.75% |
5ESE.DE vs. SPQB.DE - Expense Ratio Comparison
5ESE.DE has a 0.09% expense ratio, which is lower than SPQB.DE's 0.50% expense ratio.
Dividends
5ESE.DE vs. SPQB.DE - Dividend Comparison
Neither 5ESE.DE nor SPQB.DE has paid dividends to shareholders.
Frequently Asked Questions
5ESE.DE and SPQB.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 5ESE.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
5ESE.DE is cheaper with a 0.09% expense ratio, compared with 0.50% for SPQB.DE.
5ESE.DE tracks S&P 500 ESG Index, while SPQB.DE tracks Cboe S&P 500 15% WHT Quarterly 5% Buffer Protect. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.09% for 5ESE.DE and 0.50% for SPQB.DE.
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