AW1C.DE vs. E500.DE
AW1C.DE (UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc) and E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) are both S&P 500 funds - AW1C.DE tracks the S&P 500® ESG Elite while E500.DE tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, AW1C.DE returned 15.88%/yr vs 10.26%/yr for E500.DE. A 0.79 correlation means they provide meaningful diversification when combined. AW1C.DE charges 0.15%/yr vs 0.05%/yr for E500.DE.
Performance
AW1C.DE vs. E500.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AW1C.DE achieves a 24.84% return, which is significantly higher than E500.DE's 5.87% return.
AW1C.DE
- 1D
- 0.00%
- 1M
- 6.43%
- YTD
- 24.84%
- 6M
- 25.59%
- 1Y
- 43.46%
- 3Y*
- 22.74%
- 5Y*
- 15.88%
- 10Y*
- —
E500.DE
- 1D
- -0.30%
- 1M
- -2.24%
- YTD
- 5.87%
- 6M
- 5.69%
- 1Y
- 18.89%
- 3Y*
- 17.95%
- 5Y*
- 10.26%
- 10Y*
- 12.99%
AW1C.DE vs. E500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AW1C.DE UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc | 24.84% | 6.94% | 24.89% | 24.93% | -14.50% | 11.32% |
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 5.87% | 15.34% | 22.74% | 23.32% | -21.40% | 23.19% |
Correlation
The correlation between AW1C.DE and E500.DE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2021 | 0.79 |
The correlation between AW1C.DE and E500.DE shifts across timeframes, from 0.63 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
AW1C.DE vs. E500.DE — Risk / Return Rank
AW1C.DE
E500.DE
AW1C.DE vs. E500.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc (AW1C.DE) and Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.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.
| AW1C.DE | E500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.29 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 2.04 | +0.54 |
| Martin ratioReturn relative to average drawdown | 4.91 | 8.83 | -3.92 |
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Drawdowns
AW1C.DE vs. E500.DE - Drawdown Comparison
The maximum AW1C.DE drawdown since its inception was -22.40%, smaller than the maximum E500.DE drawdown of -34.19%. Use the drawdown chart below to compare losses from any high point for AW1C.DE and E500.DE.
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Drawdown Indicators
| AW1C.DE | E500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.40% | -34.19% | +11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -9.24% | -7.62% |
Max Drawdown (3Y)Largest decline over 3 years | -22.40% | -18.50% | -3.90% |
Max Drawdown (5Y)Largest decline over 5 years | -22.40% | -25.81% | +3.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.19% | — |
Current DrawdownCurrent decline from peak | -1.42% | -3.17% | +1.75% |
Average DrawdownAverage peak-to-trough decline | -6.38% | -4.77% | -1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.86% | 2.13% | +6.73% |
Volatility
AW1C.DE vs. E500.DE - Volatility Comparison
UBS ETF (IE) S&P 500 ESG Elite UCITS ETF (USD) A-acc (AW1C.DE) has a higher volatility of 5.07% compared to Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) at 3.13%. This indicates that AW1C.DE's price experiences larger fluctuations and is considered to be riskier than E500.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AW1C.DE | E500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 3.13% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 10.21% | 9.32% | +0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.63% | 12.01% | +13.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.48% | 16.05% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.46% | 16.35% | +3.11% |
AW1C.DE vs. E500.DE - Expense Ratio Comparison
AW1C.DE has a 0.15% expense ratio, which is higher than E500.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AW1C.DE vs. E500.DE - Dividend Comparison
Neither AW1C.DE nor E500.DE has paid dividends to shareholders.
Frequently Asked Questions
AW1C.DE and E500.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, E500.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
E500.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for AW1C.DE.
AW1C.DE tracks S&P 500® ESG Elite, while E500.DE tracks S&P 500 Index. They also come from different issuers: UBS and Invesco. Their fees differ too: 0.15% for AW1C.DE and 0.05% for E500.DE.
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