FTAL.L vs. ^FCHI

Last updated Jun 5, 2026

FTAL.L (SPDR FTSE UK All Share UCITS ETF) is Europe Equities fund tracking the FTSE AllSh TR GBP, while ^FCHI (CAC 40) is an index. Over the past 10 years, FTAL.L returned 8.54%/yr vs 7.46%/yr for ^FCHI. A 0.72 correlation means they provide meaningful diversification when combined.

Performance

FTAL.L vs. ^FCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR FTSE UK All Share UCITS ETF (FTAL.L) and CAC 40 (^FCHI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FTAL.L is traded in GBP, while ^FCHI is traded in EUR. To make them comparable, the ^FCHI values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, FTAL.L achieves a 5.93% return, which is significantly higher than ^FCHI's 0.42% return. Over the past 10 years, FTAL.L has outperformed ^FCHI with an annualized return of 8.54%, while ^FCHI has yielded a comparatively lower 7.46% annualized return.

FTAL.L

• 1D: 0.30%
• 1M: 2.15%
• YTD: 5.93%
• 6M: 8.27%
• 1Y: 20.36%
• 3Y*: 14.06%
• 5Y*: 10.22%
• 10Y*: 8.54%

^FCHI

• 1D: 1.28%
• 1M: 2.49%
• YTD: 0.42%
• 6M: 0.52%
• 1Y: 8.49%
• 3Y*: 4.77%
• 5Y*: 4.97%
• 10Y*: 7.46%

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

FTAL.L vs. ^FCHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTAL.L SPDR FTSE UK All Share UCITS ETF	5.93%	23.19%	9.03%	7.92%	0.55%	17.18%	-9.96%	19.29%	-9.71%	12.99%
^FCHI CAC 40	0.42%	16.33%	-6.60%	14.19%	-4.82%	21.21%	-1.89%	19.20%	-10.07%	13.93%

Correlation

The correlation between FTAL.L and ^FCHI is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 30, 2012	0.72

The correlation between FTAL.L and ^FCHI shifts across timeframes, from 0.60 (1 year) to 0.74 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

FTAL.L vs. ^FCHI — Risk / Return Rank

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

FTAL.L

FTAL.L Risk / Return Rank: 53
FTAL.L Sharpe Ratio Rank: 56
FTAL.L Sortino Ratio Rank: 57
FTAL.L Omega Ratio Rank: 59
FTAL.L Calmar Ratio Rank: 47
FTAL.L Martin Ratio Rank: 47

^FCHI

^FCHI Risk / Return Rank: 28
^FCHI Sharpe Ratio Rank: 29
^FCHI Sortino Ratio Rank: 26
^FCHI Omega Ratio Rank: 28
^FCHI Calmar Ratio Rank: 27
^FCHI Martin Ratio Rank: 30

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.

FTAL.L vs. ^FCHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FTSE UK All Share UCITS ETF (FTAL.L) and CAC 40 (^FCHI). 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.

	FTAL.L	^FCHI	Difference
Sharpe ratio: Return per unit of total volatility	1.87	0.59	+1.28
Sortino ratio: Return per unit of downside risk	2.66	0.94	+1.72
Omega ratio: Gain probability vs. loss probability	1.35	1.12	+0.23
Calmar ratio: Return relative to maximum drawdown	2.26	0.71	+1.56
Martin ratio: Return relative to average drawdown	7.66	2.01	+5.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTAL.L vs. ^FCHI - Sharpe Ratio Comparison

The current FTAL.L Sharpe Ratio is 1.87, which is higher than the ^FCHI Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of FTAL.L and ^FCHI, 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

	FTAL.L	^FCHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	0.59	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.29	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.42	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.13	+0.43

Drawdowns

FTAL.L vs. ^FCHI - Drawdown Comparison

The maximum FTAL.L drawdown since its inception was -35.26%, smaller than the maximum ^FCHI drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for FTAL.L and ^FCHI.

Drawdown Indicators

	FTAL.L	^FCHI	Difference
Max Drawdown Largest peak-to-trough decline	-35.26%	-45.23%	+9.97%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-11.87%	+2.92%
Max Drawdown (3Y) Largest decline over 3 years	-13.17%	-17.14%	+3.97%
Max Drawdown (5Y) Largest decline over 5 years	-13.17%	-19.49%	+6.32%
Max Drawdown (10Y) Largest decline over 10 years	-35.26%	-31.99%	-3.27%
Current Drawdown Current decline from peak	-3.78%	-5.41%	+1.63%
Average Drawdown Average peak-to-trough decline	-4.31%	-13.27%	+8.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	4.19%	-1.54%

Volatility

FTAL.L vs. ^FCHI - Volatility Comparison

SPDR FTSE UK All Share UCITS ETF (FTAL.L) and CAC 40 (^FCHI) have volatilities of 4.08% and 4.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTAL.L	^FCHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	4.18%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	9.45%	11.39%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	14.23%	-3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.68%	16.65%	-3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.75%	17.66%	-2.91%

Frequently Asked Questions

Can I hold both FTAL.L and ^FCHI in my portfolio?

FTAL.L and ^FCHI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.