BYBG.L vs. SBUY.L

Last updated Apr 3, 2026

Compare and contrast key facts about Amundi S&P 500 Buyback ETF-C USD (BYBG.L) and Invesco Global Buyback Achievers UCITS ETF (SBUY.L).

BYBG.L and SBUY.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BYBG.L is a passively managed fund by Amundi that tracks the performance of the S&P 500 Buyback NTR. It was launched on Jan 31, 2018. SBUY.L is a passively managed fund by Invesco that tracks the performance of the MSCI ACWI NR USD. It was launched on Oct 24, 2014. Both BYBG.L and SBUY.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BYBG.L vs. SBUY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi S&P 500 Buyback ETF-C USD (BYBG.L) and Invesco Global Buyback Achievers UCITS ETF (SBUY.L). The values are adjusted to include any dividend payments, if applicable.

BYBG.L vs. SBUY.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BYBG.L Amundi S&P 500 Buyback ETF-C USD	1.16%	9.41%	15.83%	9.58%	-1.29%	35.95%	1.99%	26.54%	-3.60%	10.09%
SBUY.L Invesco Global Buyback Achievers UCITS ETF	3.18%	21.60%	14.64%	9.46%	-0.90%	21.36%	8.43%	25.36%	-9.32%	10.44%

Returns By Period

In the year-to-date period, BYBG.L achieves a 1.16% return, which is significantly lower than SBUY.L's 3.18% return. Both investments have delivered pretty close results over the past 10 years, with BYBG.L having a 13.06% annualized return and SBUY.L not far behind at 12.92%.

BYBG.L

• 1D: 0.58%
• 1M: -0.95%
• YTD: 1.16%
• 6M: 3.61%
• 1Y: 14.64%
• 3Y*: 12.22%
• 5Y*: 10.37%
• 10Y*: 13.06%

SBUY.L

• 1D: 0.23%
• 1M: 0.58%
• YTD: 3.18%
• 6M: 8.45%
• 1Y: 21.33%
• 3Y*: 16.94%
• 5Y*: 11.10%
• 10Y*: 12.92%

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

BYBG.L vs. SBUY.L - Expense Ratio Comparison

BYBG.L has a 0.15% expense ratio, which is lower than SBUY.L's 0.39% expense ratio.

SBUY.L

Invesco Global Buyback Achievers UCITS ETF

BYBG.L

Amundi S&P 500 Buyback ETF-C USD

Return for Risk

BYBG.L vs. SBUY.L — Risk / Return Rank

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

BYBG.L

BYBG.L Risk / Return Rank: 64
BYBG.L Sharpe Ratio Rank: 48
BYBG.L Sortino Ratio Rank: 46
BYBG.L Omega Ratio Rank: 46
BYBG.L Calmar Ratio Rank: 94
BYBG.L Martin Ratio Rank: 85

SBUY.L

SBUY.L Risk / Return Rank: 82
SBUY.L Sharpe Ratio Rank: 74
SBUY.L Sortino Ratio Rank: 70
SBUY.L Omega Ratio Rank: 74
SBUY.L Calmar Ratio Rank: 97
SBUY.L Martin Ratio Rank: 95

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.

BYBG.L vs. SBUY.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P 500 Buyback ETF-C USD (BYBG.L) and Invesco Global Buyback Achievers UCITS ETF (SBUY.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.

	BYBG.L	SBUY.L	Difference
Sharpe ratio Return per unit of total volatility	0.93	1.40	-0.48
Sortino ratio Return per unit of downside risk	1.34	1.87	-0.52
Omega ratio Gain probability vs. loss probability	1.19	1.29	-0.10
Calmar ratio Return relative to maximum drawdown	4.35	5.83	-1.48
Martin ratio Return relative to average drawdown	11.44	18.17	-6.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BYBG.L vs. SBUY.L - Sharpe Ratio Comparison

The current BYBG.L Sharpe Ratio is 0.93, which is lower than the SBUY.L Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of BYBG.L and SBUY.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

	BYBG.L	SBUY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	1.40	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.80	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.83	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.83	-0.18

Correlation

The correlation between BYBG.L and SBUY.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BYBG.L vs. SBUY.L - Dividend Comparison

BYBG.L has not paid dividends to shareholders, while SBUY.L's dividend yield for the trailing twelve months is around 1.74%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BYBG.L Amundi S&P 500 Buyback ETF-C USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SBUY.L Invesco Global Buyback Achievers UCITS ETF	1.74%	1.86%	1.80%	1.73%	1.91%	1.20%	1.62%	1.90%	1.31%	1.22%	1.60%	1.27%

Drawdowns

BYBG.L vs. SBUY.L - Drawdown Comparison

The maximum BYBG.L drawdown since its inception was -35.57%, which is greater than SBUY.L's maximum drawdown of -30.91%. Use the drawdown chart below to compare losses from any high point for BYBG.L and SBUY.L.

Drawdown Indicators

	BYBG.L	SBUY.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.57%	-30.91%	-4.66%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	-9.22%	+2.94%
Max Drawdown (5Y) Largest decline over 5 years	-20.63%	-17.76%	-2.87%
Max Drawdown (10Y) Largest decline over 10 years	-35.57%	-30.91%	-4.66%
Current Drawdown Current decline from peak	-2.17%	-1.86%	-0.31%
Average Drawdown Average peak-to-trough decline	-4.73%	-4.03%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.54%	+0.31%

Volatility

BYBG.L vs. SBUY.L - Volatility Comparison

The current volatility for Amundi S&P 500 Buyback ETF-C USD (BYBG.L) is 3.24%, while Invesco Global Buyback Achievers UCITS ETF (SBUY.L) has a volatility of 3.62%. This indicates that BYBG.L experiences smaller price fluctuations and is considered to be less risky than SBUY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BYBG.L	SBUY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	3.62%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	8.31%	7.90%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	15.69%	15.12%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.19%	13.84%	+1.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.07%	15.55%	+2.52%