ALC vs. EWSP.L

Last updated Apr 1, 2026

Compare and contrast key facts about Alcon Inc. (ALC) and iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L).

EWSP.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Aug 2, 2022.

Performance

ALC vs. EWSP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alcon Inc. (ALC) and iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L). The values are adjusted to include any dividend payments, if applicable.

ALC vs. EWSP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ALC Alcon Inc.	-4.39%	-6.50%	9.02%	14.32%	-11.96%
EWSP.L iShares S&P 500 Equal Weight UCITS ETF USD (Acc)	-1.15%	11.81%	12.23%	13.40%	-2.24%

Different Trading Currencies

ALC is traded in USD, while EWSP.L is traded in GBP. To make them comparable, the EWSP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ALC achieves a -4.39% return, which is significantly lower than EWSP.L's -1.15% return.

ALC

• 1D: 2.28%
• 1M: -13.57%
• YTD: -4.39%
• 6M: 1.13%
• 1Y: -20.06%
• 3Y*: 2.69%
• 5Y*: 1.51%
• 10Y*: —

EWSP.L

• 1D: 0.23%
• 1M: -6.69%
• YTD: -1.15%
• 6M: 1.62%
• 1Y: 12.16%
• 3Y*: 11.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ALC vs. EWSP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALC

ALC Risk / Return Rank: 14
ALC Sharpe Ratio Rank: 11
ALC Sortino Ratio Rank: 13
ALC Omega Ratio Rank: 14
ALC Calmar Ratio Rank: 13
ALC Martin Ratio Rank: 17

EWSP.L

EWSP.L Risk / Return Rank: 35
EWSP.L Sharpe Ratio Rank: 37
EWSP.L Sortino Ratio Rank: 35
EWSP.L Omega Ratio Rank: 36
EWSP.L Calmar Ratio Rank: 32
EWSP.L Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALC vs. EWSP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alcon Inc. (ALC) and iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.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.

	ALC	EWSP.L	Difference
Sharpe ratio Return per unit of total volatility	-0.72	0.80	-1.53
Sortino ratio Return per unit of downside risk	-0.89	1.17	-2.06
Omega ratio Gain probability vs. loss probability	0.89	1.17	-0.28
Calmar ratio Return relative to maximum drawdown	-0.79	0.90	-1.69
Martin ratio Return relative to average drawdown	-1.25	4.14	-5.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALC vs. EWSP.L - Sharpe Ratio Comparison

The current ALC Sharpe Ratio is -0.72, which is lower than the EWSP.L Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of ALC and EWSP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALC	EWSP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.72	0.80	-1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.62	-0.47

Correlation

The correlation between ALC and EWSP.L is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ALC vs. EWSP.L - Dividend Comparison

ALC's dividend yield for the trailing twelve months is around 0.88%, while EWSP.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
ALC Alcon Inc.	0.88%	0.84%	0.31%	0.30%	0.30%	0.13%
EWSP.L iShares S&P 500 Equal Weight UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ALC vs. EWSP.L - Drawdown Comparison

The maximum ALC drawdown since its inception was -37.19%, which is greater than EWSP.L's maximum drawdown of -18.34%. Use the drawdown chart below to compare losses from any high point for ALC and EWSP.L.

Drawdown Indicators

	ALC	EWSP.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.19%	-19.59%	-17.60%
Max Drawdown (1Y) Largest decline over 1 year	-26.18%	-11.40%	-14.78%
Max Drawdown (5Y) Largest decline over 5 years	-35.96%	—	—
Current Drawdown Current decline from peak	-24.69%	-5.12%	-19.57%
Average Drawdown Average peak-to-trough decline	-11.28%	-4.84%	-6.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.65%	2.92%	+13.73%

Volatility

ALC vs. EWSP.L - Volatility Comparison

Alcon Inc. (ALC) has a higher volatility of 6.60% compared to iShares S&P 500 Equal Weight UCITS ETF USD (Acc) (EWSP.L) at 3.49%. This indicates that ALC's price experiences larger fluctuations and is considered to be riskier than EWSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALC	EWSP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	3.49%	+3.11%
Volatility (6M) Calculated over the trailing 6-month period	16.72%	7.25%	+9.47%
Volatility (1Y) Calculated over the trailing 1-year period	27.89%	15.08%	+12.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.35%	14.62%	+11.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.57%	14.62%	+12.95%