C500.L vs. AEJL.L

Last updated Jul 18, 2026

C500.L (Invesco S&P China A MidCap 500 Swap UCITS ETF Acc) and AEJL.L (Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E) are both exchange-traded funds - C500.L is a China Equities fund tracking the S&P China A MidCap 500 Index, while AEJL.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD. Both are passively managed. Over the past 3 years, C500.L returned 3.78%/yr vs 18.14%/yr for AEJL.L. At a 0.47 correlation, their price movements are largely independent. C500.L charges 0.35%/yr vs 0.60%/yr for AEJL.L.

Performance

C500.L vs. AEJL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) and Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

C500.L is traded in USD, while AEJL.L is traded in GBp. To make them comparable, the AEJL.L values have been converted to USD using the latest available exchange rates.

Returns By Period

C500.L

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 0.00%
• 1Y: 0.00%
• 3Y*: 3.78%
• 5Y*: —
• 10Y*: —

AEJL.L

• 1D: -2.93%
• 1M: -8.83%
• 6M: 10.22%
• YTD: 15.35%
• 1Y: 27.74%
• 3Y*: 18.14%
• 5Y*: 5.86%
• 10Y*: 69.16%

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

C500.L vs. AEJL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
C500.L Invesco S&P China A MidCap 500 Swap UCITS ETF Acc	0.00%	6.99%	12.50%	-9.06%	11.25%
AEJL.L Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E	15.35%	29.54%	10.05%	5.31%	-3.24%

Correlation

The correlation between C500.L and AEJL.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since May 9, 2022	0.47

Return for Risk

C500.L vs. AEJL.L — Risk / Return Rank

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

C500.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AEJL.L

AEJL.L Risk / Return Rank: 54
AEJL.L Sharpe Ratio Rank: 54
AEJL.L Sortino Ratio Rank: 50
AEJL.L Omega Ratio Rank: 56
AEJL.L Calmar Ratio Rank: 56
AEJL.L Martin Ratio Rank: 56

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.

C500.L vs. AEJL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) and Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.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.

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.

	C500.L	AEJL.L	Difference
Sharpe ratio: Return per unit of total volatility	—	1.32	—
Sortino ratio: Return per unit of downside risk	—	1.84	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.16	—
Martin ratio: Return relative to average drawdown	—	6.90	—

Drawdowns

C500.L vs. AEJL.L - Drawdown Comparison

The maximum C500.L drawdown since its inception was -35.90%, smaller than the maximum AEJL.L drawdown of -68.33%. Use the drawdown chart below to compare losses from any high point for C500.L and AEJL.L.

Drawdown Indicators

	C500.L	AEJL.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.90%	-68.33%	+32.43%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-12.76%	+12.76%
Max Drawdown (3Y) Largest decline over 3 years	-27.05%	-18.83%	-8.22%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.90%	—
Current Drawdown Current decline from peak	-11.28%	-11.31%	+0.03%
Average Drawdown Average peak-to-trough decline	-14.00%	-20.52%	+6.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	4.01%	-4.01%

Volatility

C500.L vs. AEJL.L - Volatility Comparison

The current volatility for Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) is 0.00%, while Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.L) has a volatility of 9.40%. This indicates that C500.L experiences smaller price fluctuations and is considered to be less risky than AEJL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C500.L	AEJL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	9.40%	-9.40%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	18.83%	-18.83%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	20.99%	-20.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.48%	20.84%	+2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.48%	2,745.81%	-2,722.33%

C500.L vs. AEJL.L - Expense Ratio Comparison

C500.L has a 0.35% expense ratio, which is lower than AEJL.L's 0.60% expense ratio.

Dividends

C500.L vs. AEJL.L - Dividend Comparison

Neither C500.L nor AEJL.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both C500.L and AEJL.L in my portfolio?

C500.L and AEJL.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, C500.L or AEJL.L?

On fees, C500.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, C500.L or AEJL.L?

C500.L is cheaper with a 0.35% expense ratio, compared with 0.60% for AEJL.L.

What is the main difference between C500.L and AEJL.L?

C500.L is categorized as China Equities, while AEJL.L is Asia Pacific Equities. C500.L tracks S&P China A MidCap 500 Index, while AEJL.L tracks MSCI AC Asia Pac Ex JPN NR USD. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.35% for C500.L and 0.60% for AEJL.L.