CESG.L vs. S5EE.L
CESG.L (First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc) and S5EE.L (UBS S&P 500 ESG Elite UCITS ETF USD acc) are both exchange-traded funds - CESG.L is a ESG fund actively managed by First Trust, while S5EE.L is a S&P 500 fund tracking the S&P 500 Elite ESG Index USD. CESG.L is actively managed, while S5EE.L is passively managed. Over the past 5 years, CESG.L returned 5.33%/yr vs 14.13%/yr for S5EE.L. A 0.63 correlation means they provide meaningful diversification when combined. CESG.L charges 0.75%/yr vs 0.15%/yr for S5EE.L.
Performance
CESG.L vs. S5EE.L - Performance Comparison
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Different Trading Currencies
CESG.L is traded in USD, while S5EE.L is traded in GBp. To make them comparable, the S5EE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CESG.L achieves a 2.70% return, which is significantly lower than S5EE.L's 19.16% return.
CESG.L
- 1D
- 0.11%
- 1M
- 2.28%
- 6M
- 2.77%
- YTD
- 2.70%
- 1Y
- 5.82%
- 3Y*
- 9.53%
- 5Y*
- 5.33%
- 10Y*
- —
S5EE.L
- 1D
- -0.97%
- 1M
- -2.33%
- 6M
- 17.74%
- YTD
- 19.16%
- 1Y
- 35.47%
- 3Y*
- 22.10%
- 5Y*
- 14.13%
- 10Y*
- —
CESG.L vs. S5EE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CESG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc | 2.70% | 11.47% | 9.71% | 12.32% | -13.97% | 23.33% |
S5EE.L UBS S&P 500 ESG Elite UCITS ETF USD acc | 19.16% | 20.10% | 18.01% | 28.57% | -18.79% | -8.15% |
Correlation
The correlation between CESG.L and S5EE.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.63 |
Over the past year, the correlation between CESG.L and S5EE.L has dropped to 0.29 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
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Return for Risk
CESG.L vs. S5EE.L — Risk / Return Rank
CESG.L
S5EE.L
CESG.L vs. S5EE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc (CESG.L) and UBS S&P 500 ESG Elite UCITS ETF USD acc (S5EE.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.
| CESG.L | S5EE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.43 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 3.29 | -2.74 |
| Martin ratioReturn relative to average drawdown | 1.42 | 13.33 | -11.91 |
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Drawdowns
CESG.L vs. S5EE.L - Drawdown Comparison
The maximum CESG.L drawdown since its inception was -22.69%, smaller than the maximum S5EE.L drawdown of -35.82%. Use the drawdown chart below to compare losses from any high point for CESG.L and S5EE.L.
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Drawdown Indicators
| CESG.L | S5EE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.69% | -35.82% | +13.13% |
Max Drawdown (1Y)Largest decline over 1 year | -8.81% | -10.73% | +1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -10.31% | -18.29% | +7.98% |
Max Drawdown (5Y)Largest decline over 5 years | -22.69% | -27.69% | +5.00% |
Current DrawdownCurrent decline from peak | -1.54% | -3.82% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -5.52% | -11.97% | +6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 2.65% | +0.76% |
Volatility
CESG.L vs. S5EE.L - Volatility Comparison
The current volatility for First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc (CESG.L) is 3.44%, while UBS S&P 500 ESG Elite UCITS ETF USD acc (S5EE.L) has a volatility of 6.19%. This indicates that CESG.L experiences smaller price fluctuations and is considered to be less risky than S5EE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CESG.L | S5EE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 6.19% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 11.99% | -3.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.97% | 14.27% | -4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.62% | 16.54% | -3.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.53% | 20.49% | -7.96% |
CESG.L vs. S5EE.L - Expense Ratio Comparison
CESG.L has a 0.75% expense ratio, which is higher than S5EE.L's 0.15% expense ratio.
Dividends
CESG.L vs. S5EE.L - Dividend Comparison
Neither CESG.L nor S5EE.L has paid dividends to shareholders.
Frequently Asked Questions
CESG.L and S5EE.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, S5EE.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S5EE.L is cheaper with a 0.15% expense ratio, compared with 0.75% for CESG.L.
CESG.L is categorized as ESG, while S5EE.L is S&P 500. They also come from different issuers: First Trust and UBS. Their fees differ too: 0.75% for CESG.L and 0.15% for S5EE.L.
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