FEXU.L vs. SUUS.L

Last updated Jun 5, 2026

FEXU.L (First Trust US Large Cap Core AlphaDEX UCITS ETF) and SUUS.L (iShares MSCI USA SRI UCITS ETF USD (Acc)) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from First Trust and iShares respectively. Both are passively managed. Over the past 5 years, FEXU.L returned 10.82%/yr vs 11.23%/yr for SUUS.L. Their correlation of 0.84 suggests significant overlap in exposure. FEXU.L charges 0.75%/yr vs 0.20%/yr for SUUS.L.

Performance

FEXU.L vs. SUUS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust US Large Cap Core AlphaDEX UCITS ETF (FEXU.L) and iShares MSCI USA SRI UCITS ETF USD (Acc) (SUUS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

The year-to-date returns for both stocks are quite close, with FEXU.L having a 14.28% return and SUUS.L slightly lower at 13.88%.

FEXU.L

• 1D: -0.08%
• 1M: 4.33%
• YTD: 14.28%
• 6M: 15.44%
• 1Y: 28.91%
• 3Y*: 20.53%
• 5Y*: 10.82%
• 10Y*: 12.70%

SUUS.L

• 1D: 0.21%
• 1M: 5.73%
• YTD: 13.88%
• 6M: 15.13%
• 1Y: 24.69%
• 3Y*: 17.71%
• 5Y*: 11.23%
• 10Y*: —

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

FEXU.L vs. SUUS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEXU.L First Trust US Large Cap Core AlphaDEX UCITS ETF	14.28%	15.23%	16.68%	14.64%	-12.27%	26.82%	13.54%	26.06%	-11.02%	21.52%
SUUS.L iShares MSCI USA SRI UCITS ETF USD (Acc)	13.88%	11.25%	13.92%	23.78%	-18.70%	31.68%	25.25%	32.47%	-2.94%	23.22%

Correlation

The correlation between FEXU.L and SUUS.L is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jul 13, 2016	0.84

The correlation between FEXU.L and SUUS.L has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.

FEXU.L vs. SUUS.L - Sectors Allocation Comparison

Sectors	FEXU.L	SUUS.L
Industrials	19.4%	8.1%
Technology	18.8%	41.6%
Financial Services	14.3%	11.8%
Healthcare	8.9%	8.6%
Consumer Cyclical	8.5%	9.3%
Utilities	7.5%	1.5%
Energy	6.3%	-
Real Estate	4.7%	2.1%
Consumer Defensive	4.5%	5.4%
Communication Services	3.6%	9.1%
Basic Materials	3.5%	2.5%

Return for Risk

FEXU.L vs. SUUS.L — Risk / Return Rank

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

FEXU.L

FEXU.L Risk / Return Rank: 80
FEXU.L Sharpe Ratio Rank: 76
FEXU.L Sortino Ratio Rank: 80
FEXU.L Omega Ratio Rank: 72
FEXU.L Calmar Ratio Rank: 88
FEXU.L Martin Ratio Rank: 86

SUUS.L

SUUS.L Risk / Return Rank: 69
SUUS.L Sharpe Ratio Rank: 69
SUUS.L Sortino Ratio Rank: 69
SUUS.L Omega Ratio Rank: 68
SUUS.L Calmar Ratio Rank: 73
SUUS.L Martin Ratio Rank: 67

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.

FEXU.L vs. SUUS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust US Large Cap Core AlphaDEX UCITS ETF (FEXU.L) and iShares MSCI USA SRI UCITS ETF USD (Acc) (SUUS.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.

	FEXU.L	SUUS.L	Difference
Sharpe ratio: Return per unit of total volatility	2.42	2.02	+0.39
Sortino ratio: Return per unit of downside risk	3.54	3.01	+0.53
Omega ratio: Gain probability vs. loss probability	1.42	1.36	+0.06
Calmar ratio: Return relative to maximum drawdown	5.18	2.75	+2.43
Martin ratio: Return relative to average drawdown	17.52	10.70	+6.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEXU.L vs. SUUS.L - Sharpe Ratio Comparison

The current FEXU.L Sharpe Ratio is 2.42, which is comparable to the SUUS.L Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of FEXU.L and SUUS.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

	FEXU.L	SUUS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.02	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.70	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.92	-0.24

Drawdowns

FEXU.L vs. SUUS.L - Drawdown Comparison

The maximum FEXU.L drawdown since its inception was -39.38%, which is greater than SUUS.L's maximum drawdown of -32.59%. Use the drawdown chart below to compare losses from any high point for FEXU.L and SUUS.L.

Drawdown Indicators

	FEXU.L	SUUS.L	Difference
Max Drawdown Largest peak-to-trough decline	-39.38%	-32.59%	-6.79%
Max Drawdown (1Y) Largest decline over 1 year	-5.56%	-8.93%	+3.37%
Max Drawdown (3Y) Largest decline over 3 years	-20.15%	-19.94%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-20.80%	-26.32%	+5.52%
Max Drawdown (10Y) Largest decline over 10 years	-39.38%	—	—
Current Drawdown Current decline from peak	-0.08%	0.00%	-0.08%
Average Drawdown Average peak-to-trough decline	-4.55%	-4.60%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	2.30%	-0.65%

Volatility

FEXU.L vs. SUUS.L - Volatility Comparison

First Trust US Large Cap Core AlphaDEX UCITS ETF (FEXU.L) has a higher volatility of 4.43% compared to iShares MSCI USA SRI UCITS ETF USD (Acc) (SUUS.L) at 3.88%. This indicates that FEXU.L's price experiences larger fluctuations and is considered to be riskier than SUUS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEXU.L	SUUS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	3.88%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	8.42%	9.28%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	12.16%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.26%	16.02%	+0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.38%	16.38%	+1.00%

FEXU.L vs. SUUS.L - Expense Ratio Comparison

FEXU.L has a 0.75% expense ratio, which is higher than SUUS.L's 0.20% expense ratio.

Dividends

FEXU.L vs. SUUS.L - Dividend Comparison

Neither FEXU.L nor SUUS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FEXU.L and SUUS.L in my portfolio?

FEXU.L and SUUS.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FEXU.L or SUUS.L?

On fees, SUUS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FEXU.L or SUUS.L?

SUUS.L is cheaper with a 0.20% expense ratio, compared with 0.75% for FEXU.L.

What is the main difference between FEXU.L and SUUS.L?

Both ETFs track Russell 1000 TR USD. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.75% for FEXU.L and 0.20% for SUUS.L.