ESPS.L vs. MPXG.L

Last updated Jun 4, 2026

ESPS.L (Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc) and MPXG.L (Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)) are both Asia Pacific Equities funds tracking the MSCI Pacific Ex Japan NR USD, from Invesco and Amundi respectively. Both are passively managed. Over the past 3 years, ESPS.L returned 9.70%/yr vs 4.17%/yr for MPXG.L. A 0.55 correlation means they provide meaningful diversification when combined. ESPS.L charges 0.19%/yr vs 0.15%/yr for MPXG.L.

Performance

ESPS.L vs. MPXG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) and Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESPS.L achieves a 7.41% return, which is significantly higher than MPXG.L's 2.88% return.

ESPS.L

• 1D: -0.43%
• 1M: 0.59%
• YTD: 7.41%
• 6M: 8.29%
• 1Y: 16.01%
• 3Y*: 9.70%
• 5Y*: 6.22%
• 10Y*: —

MPXG.L

• 1D: -0.35%
• 1M: -2.75%
• YTD: 2.88%
• 6M: 2.63%
• 1Y: 5.29%
• 3Y*: 4.17%
• 5Y*: —
• 10Y*: —

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

ESPS.L vs. MPXG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ESPS.L Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc	7.41%	10.52%	7.35%	2.26%	-0.64%
MPXG.L Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)	2.88%	5.53%	2.02%	-1.23%	1.81%

Correlation

The correlation between ESPS.L and MPXG.L is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (All Time) Calculated using the full available price history since Dec 7, 2022	0.55

Over the past year, ESPS.L and MPXG.L have become more correlated (0.85) than their long-term average of 0.55, meaning their price movements have been converging.

Return for Risk

ESPS.L vs. MPXG.L — Risk / Return Rank

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

ESPS.L

ESPS.L Risk / Return Rank: 42
ESPS.L Sharpe Ratio Rank: 42
ESPS.L Sortino Ratio Rank: 44
ESPS.L Omega Ratio Rank: 42
ESPS.L Calmar Ratio Rank: 44
ESPS.L Martin Ratio Rank: 39

MPXG.L

MPXG.L Risk / Return Rank: 17
MPXG.L Sharpe Ratio Rank: 17
MPXG.L Sortino Ratio Rank: 16
MPXG.L Omega Ratio Rank: 16
MPXG.L Calmar Ratio Rank: 19
MPXG.L Martin Ratio Rank: 18

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.

ESPS.L vs. MPXG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) and Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.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.

	ESPS.L	MPXG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.47	0.48	+0.99
Sortino ratio: Return per unit of downside risk	2.16	0.77	+1.39
Omega ratio: Gain probability vs. loss probability	1.27	1.09	+0.17
Calmar ratio: Return relative to maximum drawdown	2.12	0.74	+1.38
Martin ratio: Return relative to average drawdown	6.09	1.90	+4.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESPS.L vs. MPXG.L - Sharpe Ratio Comparison

The current ESPS.L Sharpe Ratio is 1.47, which is higher than the MPXG.L Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of ESPS.L and MPXG.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

	ESPS.L	MPXG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	0.48	+0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.28	+0.39

Drawdowns

ESPS.L vs. MPXG.L - Drawdown Comparison

The maximum ESPS.L drawdown since its inception was -17.76%, roughly equal to the maximum MPXG.L drawdown of -16.94%. Use the drawdown chart below to compare losses from any high point for ESPS.L and MPXG.L.

Drawdown Indicators

	ESPS.L	MPXG.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.76%	-16.94%	-0.82%
Max Drawdown (1Y) Largest decline over 1 year	-7.52%	-7.42%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-17.76%	-15.75%	-2.01%
Max Drawdown (5Y) Largest decline over 5 years	-17.76%	—	—
Current Drawdown Current decline from peak	-3.28%	-5.39%	+2.11%
Average Drawdown Average peak-to-trough decline	-4.55%	-5.30%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	2.84%	-0.22%

Volatility

ESPS.L vs. MPXG.L - Volatility Comparison

The current volatility for Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc (ESPS.L) is 3.47%, while Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D) (MPXG.L) has a volatility of 3.74%. This indicates that ESPS.L experiences smaller price fluctuations and is considered to be less risky than MPXG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESPS.L	MPXG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	3.74%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	8.32%	9.14%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	10.81%	11.41%	-0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.87%	14.91%	+3.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.87%	14.91%	+3.96%

ESPS.L vs. MPXG.L - Expense Ratio Comparison

ESPS.L has a 0.19% expense ratio, which is higher than MPXG.L's 0.15% 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

ESPS.L vs. MPXG.L - Dividend Comparison

ESPS.L has not paid dividends to shareholders, while MPXG.L's dividend yield for the trailing twelve months is around 3.15%.

Position	TTM	2025	2024	2023
ESPS.L Invesco MSCI Pacific Ex Japan ESG Universal Screened UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%
MPXG.L Amundi Index MSCI Pacific ex Japan SRI PAB UCITS ETF DR GBP (D)	3.15%	3.24%	3.36%	3.87%

Frequently Asked Questions

Can I hold both ESPS.L and MPXG.L in my portfolio?

ESPS.L and MPXG.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESPS.L or MPXG.L?

On fees, MPXG.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESPS.L or MPXG.L?

MPXG.L is cheaper with a 0.15% expense ratio, compared with 0.19% for ESPS.L.

What is the main difference between ESPS.L and MPXG.L?

Both ETFs track MSCI Pacific Ex Japan NR USD. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.19% for ESPS.L and 0.15% for MPXG.L.