G500.L vs. MWOZ.L
G500.L (Invesco S&P 500 UCITS ETF (GBP Hdg)) and MWOZ.L (Amundi Prime Global UCITS ETF Dist) are both Global Equities funds - G500.L tracks the Invesco S&P 500 UCITS ETF (GBP Hdg) while MWOZ.L tracks the Solactive GBS Developed Markets Large & Mid Cap Index. Both are passively managed. Over the past year, G500.L returned 21.08% vs 22.33% for MWOZ.L. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.05% expense ratio.
Performance
G500.L vs. MWOZ.L - Performance Comparison
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Different Trading Currencies
G500.L is traded in GBp, while MWOZ.L is traded in GBP. To make them comparable, the MWOZ.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, G500.L achieves a 9.90% return, which is significantly lower than MWOZ.L's 10.79% return.
G500.L
- 1D
- -0.05%
- 1M
- -0.03%
- 6M
- 9.49%
- YTD
- 9.90%
- 1Y
- 21.08%
- 3Y*
- 19.63%
- 5Y*
- 12.15%
- 10Y*
- —
MWOZ.L
- 1D
- 0.00%
- 1M
- 0.45%
- 6M
- 9.49%
- YTD
- 10.79%
- 1Y
- 22.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
G500.L vs. MWOZ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 9.90% | 15.30% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 10.79% | 8.44% |
Correlation
The correlation between G500.L and MWOZ.L is 0.82, 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 | 0.82 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | 0.85 |
The correlation between G500.L and MWOZ.L has been stable across timeframes, ranging from 0.82 to 0.85 - a consistent structural relationship.
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Return for Risk
G500.L vs. MWOZ.L — Risk / Return Rank
G500.L
MWOZ.L
G500.L vs. MWOZ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| G500.L | MWOZ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.39 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 3.38 | -0.73 |
| Martin ratioReturn relative to average drawdown | 10.68 | 13.30 | -2.62 |
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Drawdowns
G500.L vs. MWOZ.L - Drawdown Comparison
The maximum G500.L drawdown since its inception was -25.20%, which is greater than MWOZ.L's maximum drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for G500.L and MWOZ.L.
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Drawdown Indicators
| G500.L | MWOZ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.20% | -18.50% | -6.70% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -6.63% | -1.58% |
Max Drawdown (3Y)Largest decline over 3 years | -18.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.20% | — | — |
Current DrawdownCurrent decline from peak | -0.66% | -0.44% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -2.99% | -2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 1.68% | +0.36% |
Volatility
G500.L vs. MWOZ.L - Volatility Comparison
Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.L) have volatilities of 2.79% and 2.77%, 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.
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Volatility by Period
| G500.L | MWOZ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 2.77% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 9.28% | 8.05% | +1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.06% | 10.88% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 13.82% | +2.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.87% | 13.82% | +2.05% |
G500.L vs. MWOZ.L - Expense Ratio Comparison
Both G500.L and MWOZ.L have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
G500.L vs. MWOZ.L - Dividend Comparison
G500.L has not paid dividends to shareholders, while MWOZ.L's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 |
|---|---|---|
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 0.00% | 0.00% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 1.19% | 1.60% |
Frequently Asked Questions
G500.L and MWOZ.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
G500.L and MWOZ.L have the same expense ratio: 0.05% per year.
G500.L tracks Invesco S&P 500 UCITS ETF (GBP Hdg), while MWOZ.L tracks Solactive GBS Developed Markets Large & Mid Cap Index. They also come from different issuers: Invesco and Amundi.
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