FTAD.L vs. SPX5.L

Last updated Jun 5, 2026

FTAD.L (SPDR FTSE UK All Share UCITS ETF) and SPX5.L (SPDR S&P 500 UCITS ETF) are both exchange-traded funds - FTAD.L is a Europe Equities fund tracking the FTSE AllSh TR GBP, while SPX5.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, FTAD.L returned 10.20%/yr vs 14.92%/yr for SPX5.L. A 0.60 correlation means they provide meaningful diversification when combined. FTAD.L charges 0.20%/yr vs 0.09%/yr for SPX5.L.

Performance

FTAD.L vs. SPX5.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR FTSE UK All Share UCITS ETF (FTAD.L) and SPDR S&P 500 UCITS ETF (SPX5.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTAD.L achieves a 5.88% return, which is significantly lower than SPX5.L's 10.53% return.

FTAD.L

• 1D: 0.14%
• 1M: 1.96%
• YTD: 5.88%
• 6M: 8.26%
• 1Y: 20.23%
• 3Y*: 14.06%
• 5Y*: 10.20%
• 10Y*: —

SPX5.L

• 1D: 0.05%
• 1M: 5.53%
• YTD: 10.53%
• 6M: 10.48%
• 1Y: 29.15%
• 3Y*: 19.03%
• 5Y*: 14.92%
• 10Y*: 16.17%

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

FTAD.L vs. SPX5.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTAD.L SPDR FTSE UK All Share UCITS ETF	5.88%	23.18%	8.98%	8.00%	0.33%	17.32%	-10.00%	21.46%	-7.86%
SPX5.L SPDR S&P 500 UCITS ETF	10.53%	9.34%	27.47%	19.75%	-9.01%	30.96%	13.52%	26.74%	2.12%

Correlation

The correlation between FTAD.L and SPX5.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since May 1, 2018	0.60

The correlation between FTAD.L and SPX5.L shifts across timeframes, from 0.45 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

FTAD.L vs. SPX5.L - Sectors Allocation Comparison

Sectors	FTAD.L	SPX5.L
Financial Services	24.2%	11.8%
Industrials	14.5%	8.3%
Healthcare	12.8%	8.5%
Consumer Defensive	12.1%	4.9%
Energy	10.9%	3.5%
Basic Materials	8.4%	1.8%
Consumer Cyclical	5.6%	10.1%
Utilities	5.1%	2.3%
Communication Services	3.0%	11.2%
Real Estate	1.7%	1.9%
Technology	1.7%	35.6%

Return for Risk

FTAD.L vs. SPX5.L — Risk / Return Rank

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

FTAD.L

FTAD.L Risk / Return Rank: 52
FTAD.L Sharpe Ratio Rank: 56
FTAD.L Sortino Ratio Rank: 55
FTAD.L Omega Ratio Rank: 57
FTAD.L Calmar Ratio Rank: 46
FTAD.L Martin Ratio Rank: 47

SPX5.L

SPX5.L Risk / Return Rank: 83
SPX5.L Sharpe Ratio Rank: 85
SPX5.L Sortino Ratio Rank: 84
SPX5.L Omega Ratio Rank: 86
SPX5.L Calmar Ratio Rank: 81
SPX5.L Martin Ratio Rank: 79

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.

FTAD.L vs. SPX5.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE UK All Share UCITS ETF (FTAD.L) and SPDR S&P 500 UCITS ETF (SPX5.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.

	FTAD.L	SPX5.L	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.76	-0.90
Sortino ratio: Return per unit of downside risk	2.61	3.71	-1.10
Omega ratio: Gain probability vs. loss probability	1.35	1.52	-0.17
Calmar ratio: Return relative to maximum drawdown	2.26	4.10	-1.84
Martin ratio: Return relative to average drawdown	7.67	15.08	-7.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTAD.L vs. SPX5.L - Sharpe Ratio Comparison

The current FTAD.L Sharpe Ratio is 1.87, which is lower than the SPX5.L Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of FTAD.L and SPX5.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

	FTAD.L	SPX5.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	2.76	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	1.05	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	1.04	-0.55

Drawdowns

FTAD.L vs. SPX5.L - Drawdown Comparison

The maximum FTAD.L drawdown since its inception was -35.48%, which is greater than SPX5.L's maximum drawdown of -25.45%. Use the drawdown chart below to compare losses from any high point for FTAD.L and SPX5.L.

Drawdown Indicators

	FTAD.L	SPX5.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.48%	-25.45%	-10.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-7.07%	-1.84%
Max Drawdown (3Y) Largest decline over 3 years	-13.17%	-20.90%	+7.73%
Max Drawdown (5Y) Largest decline over 5 years	-13.17%	-20.90%	+7.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.45%	—
Current Drawdown Current decline from peak	-3.78%	-0.22%	-3.56%
Average Drawdown Average peak-to-trough decline	-4.74%	-3.18%	-1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	1.93%	+0.70%

Volatility

FTAD.L vs. SPX5.L - Volatility Comparison

SPDR FTSE UK All Share UCITS ETF (FTAD.L) has a higher volatility of 3.86% compared to SPDR S&P 500 UCITS ETF (SPX5.L) at 2.67%. This indicates that FTAD.L's price experiences larger fluctuations and is considered to be riskier than SPX5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTAD.L	SPX5.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	2.67%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	9.35%	7.16%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	10.80%	10.50%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.74%	14.22%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.56%	15.52%	+0.04%

FTAD.L vs. SPX5.L - Expense Ratio Comparison

FTAD.L has a 0.20% expense ratio, which is higher than SPX5.L's 0.09% 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

FTAD.L vs. SPX5.L - Dividend Comparison

FTAD.L's dividend yield for the trailing twelve months is around 2.69%, more than SPX5.L's 0.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTAD.L SPDR FTSE UK All Share UCITS ETF	2.69%	2.95%	3.74%	3.34%	3.41%	3.26%	3.03%	5.41%	3.65%	0.00%	0.00%	0.00%
SPX5.L SPDR S&P 500 UCITS ETF	0.89%	0.98%	1.04%	1.21%	1.39%	0.98%	1.40%	1.76%	1.71%	2.36%	1.49%	1.68%

Frequently Asked Questions

Can I hold both FTAD.L and SPX5.L in my portfolio?

FTAD.L and SPX5.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, FTAD.L or SPX5.L?

On fees, SPX5.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTAD.L or SPX5.L?

SPX5.L is cheaper with a 0.09% expense ratio, compared with 0.20% for FTAD.L.

What is the main difference between FTAD.L and SPX5.L?

FTAD.L is categorized as Europe Equities, while SPX5.L is S&P 500. FTAD.L tracks FTSE AllSh TR GBP, while SPX5.L tracks S&P 500 Index. Their fees differ too: 0.20% for FTAD.L and 0.09% for SPX5.L.