ESGG.L vs. SBUY.L

Last updated Jun 5, 2026

ESGG.L (Invesco MSCI World ESG Universal Screened UCITS ETF Acc) and SBUY.L (Invesco Global Buyback Achievers UCITS ETF) are both Global Equities funds from Invesco tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, ESGG.L returned 12.71%/yr vs 10.96%/yr for SBUY.L. At a 0.47 correlation, their price movements are largely independent. ESGG.L charges 0.19%/yr vs 0.39%/yr for SBUY.L.

Performance

ESGG.L vs. SBUY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco MSCI World ESG Universal Screened UCITS ETF Acc (ESGG.L) and Invesco Global Buyback Achievers UCITS ETF (SBUY.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESGG.L achieves a 10.66% return, which is significantly higher than SBUY.L's 6.48% return.

ESGG.L

• 1D: -0.24%
• 1M: 5.42%
• YTD: 10.66%
• 6M: 10.86%
• 1Y: 26.96%
• 3Y*: 17.61%
• 5Y*: 12.71%
• 10Y*: —

SBUY.L

• 1D: 0.89%
• 1M: 1.68%
• YTD: 6.48%
• 6M: 8.35%
• 1Y: 25.27%
• 3Y*: 18.63%
• 5Y*: 10.96%
• 10Y*: 13.06%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ESGG.L Invesco MSCI World ESG Universal Screened UCITS ETF Acc	10.66%	12.19%	20.44%	19.21%	-11.17%	22.81%	9.98%
SBUY.L Invesco Global Buyback Achievers UCITS ETF	6.48%	21.60%	14.64%	9.46%	-0.90%	21.36%	6.02%

Correlation

The correlation between ESGG.L and SBUY.L is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020	0.47

Over the past year, ESGG.L and SBUY.L have become more correlated (0.72) than their long-term average of 0.47, meaning their price movements have been converging.

ESGG.L vs. SBUY.L - Sectors Allocation Comparison

Sectors	ESGG.L	SBUY.L
Technology	31.4%	7.6%
Financial Services	19.3%	32.9%
Industrials	10.6%	11.0%
Healthcare	9.1%	5.5%
Consumer Cyclical	8.3%	15.8%
Communication Services	7.0%	4.1%
Consumer Defensive	4.7%	1.9%
Basic Materials	3.1%	1.4%
Energy	2.3%	17.1%
Real Estate	2.3%	0.5%
Utilities	2.0%	2.2%

Return for Risk

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

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

ESGG.L

ESGG.L Risk / Return Rank: 79
ESGG.L Sharpe Ratio Rank: 79
ESGG.L Sortino Ratio Rank: 79
ESGG.L Omega Ratio Rank: 81
ESGG.L Calmar Ratio Rank: 76
ESGG.L Martin Ratio Rank: 78

SBUY.L

SBUY.L Risk / Return Rank: 82
SBUY.L Sharpe Ratio Rank: 80
SBUY.L Sortino Ratio Rank: 80
SBUY.L Omega Ratio Rank: 78
SBUY.L Calmar Ratio Rank: 89
SBUY.L Martin Ratio Rank: 84

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.

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

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World ESG Universal Screened UCITS ETF Acc (ESGG.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.

	ESGG.L	SBUY.L	Difference
Sharpe ratio: Return per unit of total volatility	2.52	2.57	-0.04
Sortino ratio: Return per unit of downside risk	3.47	3.53	-0.06
Omega ratio: Gain probability vs. loss probability	1.48	1.46	+0.02
Calmar ratio: Return relative to maximum drawdown	3.77	5.25	-1.48
Martin ratio: Return relative to average drawdown	14.88	16.93	-2.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ESGG.L Sharpe Ratio is 2.52, which is comparable to the SBUY.L Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of ESGG.L and SBUY.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ESGG.L	SBUY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.52	2.57	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	0.80	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	0.84	+0.27

Drawdowns

ESGG.L vs. SBUY.L - Drawdown Comparison

The maximum ESGG.L drawdown since its inception was -23.30%, smaller than the maximum SBUY.L drawdown of -30.91%. Use the drawdown chart below to compare losses from any high point for ESGG.L and SBUY.L.

Drawdown Indicators

	ESGG.L	SBUY.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.30%	-30.91%	+7.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.11%	-4.79%	-2.32%
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	-17.76%	-0.88%
Max Drawdown (5Y) Largest decline over 5 years	-18.64%	-17.76%	-0.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.91%	—
Current Drawdown Current decline from peak	-0.39%	0.00%	-0.39%
Average Drawdown Average peak-to-trough decline	-2.98%	-3.99%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.49%	+0.32%

Volatility

ESGG.L vs. SBUY.L - Volatility Comparison

Invesco MSCI World ESG Universal Screened UCITS ETF Acc (ESGG.L) has a higher volatility of 2.87% compared to Invesco Global Buyback Achievers UCITS ETF (SBUY.L) at 2.32%. This indicates that ESGG.L's price experiences larger fluctuations and is considered to be riskier than SBUY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESGG.L	SBUY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	2.32%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	7.87%	7.04%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	10.64%	9.81%	+0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	13.73%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.72%	15.51%	+4.21%

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

ESGG.L has a 0.19% expense ratio, which is lower than SBUY.L's 0.39% expense ratio.

Dividends

ESGG.L vs. SBUY.L - Dividend Comparison

ESGG.L has not paid dividends to shareholders, while SBUY.L's dividend yield for the trailing twelve months is around 1.69%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGG.L Invesco MSCI World ESG Universal Screened UCITS ETF Acc	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	1.69%	1.86%	1.80%	1.73%	1.91%	1.20%	1.62%	1.90%	1.31%	1.22%	1.60%	1.27%

Frequently Asked Questions

Can I hold both ESGG.L and SBUY.L in my portfolio?

ESGG.L and SBUY.L have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESGG.L or SBUY.L?

On fees, ESGG.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESGG.L or SBUY.L?

ESGG.L is cheaper with a 0.19% expense ratio, compared with 0.39% for SBUY.L.

What is the main difference between ESGG.L and SBUY.L?

Both ETFs track MSCI ACWI NR USD. Their fees differ too: 0.19% for ESGG.L and 0.39% for SBUY.L.