G500.L vs. XDEV.L
G500.L (Invesco S&P 500 UCITS ETF (GBP Hdg)) and XDEV.L (Xtrackers MSCI World Value Factor UCITS ETF 1C) are both Global Equities funds - G500.L tracks the Invesco S&P 500 UCITS ETF (GBP Hdg) while XDEV.L tracks the MSCI ACWI Value NR USD. Both are passively managed. Over the past 5 years, G500.L returned 12.15%/yr vs 17.13%/yr for XDEV.L. A 0.64 correlation means they provide meaningful diversification when combined. G500.L charges 0.05%/yr vs 0.25%/yr for XDEV.L.
Performance
G500.L vs. XDEV.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, G500.L achieves a 9.90% return, which is significantly lower than XDEV.L's 29.58% 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*
- —
XDEV.L
- 1D
- -2.22%
- 1M
- -4.46%
- 6M
- 25.56%
- YTD
- 29.58%
- 1Y
- 56.03%
- 3Y*
- 25.49%
- 5Y*
- 17.13%
- 10Y*
- 11.93%
G500.L vs. XDEV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 9.90% | 17.45% | 24.98% | 24.88% | -19.98% | 28.95% | 20.65% |
XDEV.L Xtrackers MSCI World Value Factor UCITS ETF 1C | 29.58% | 30.51% | 6.79% | 13.25% | 1.01% | 21.67% | 6.56% |
Correlation
The correlation between G500.L and XDEV.L is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020 | 0.64 |
The correlation between G500.L and XDEV.L has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
G500.L vs. XDEV.L — Risk / Return Rank
G500.L
XDEV.L
G500.L vs. XDEV.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 Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.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 | XDEV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.68 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 8.06 | -5.41 |
| Martin ratioReturn relative to average drawdown | 10.68 | 26.50 | -15.82 |
Loading charts...
Drawdowns
G500.L vs. XDEV.L - Drawdown Comparison
The maximum G500.L drawdown since its inception was -25.20%, smaller than the maximum XDEV.L drawdown of -45.89%. Use the drawdown chart below to compare losses from any high point for G500.L and XDEV.L.
Loading charts...
Drawdown Indicators
| G500.L | XDEV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.20% | -45.89% | +20.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -6.92% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -18.22% | -19.90% | +1.68% |
Max Drawdown (5Y)Largest decline over 5 years | -25.20% | -19.90% | -5.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.20% | — |
Current DrawdownCurrent decline from peak | -0.66% | -5.91% | +5.25% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -15.27% | +9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 2.11% | -0.07% |
Volatility
G500.L vs. XDEV.L - Volatility Comparison
The current volatility for Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) is 2.79%, while Xtrackers MSCI World Value Factor UCITS ETF 1C (XDEV.L) has a volatility of 6.07%. This indicates that G500.L experiences smaller price fluctuations and is considered to be less risky than XDEV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| G500.L | XDEV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 6.07% | -3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 9.28% | 13.08% | -3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.06% | 15.01% | -2.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.99% | 19.12% | -3.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.87% | 21.02% | -5.15% |
G500.L vs. XDEV.L - Expense Ratio Comparison
G500.L has a 0.05% expense ratio, which is lower than XDEV.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
G500.L vs. XDEV.L - Dividend Comparison
Neither G500.L nor XDEV.L has paid dividends to shareholders.
Frequently Asked Questions
G500.L and XDEV.L have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, G500.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
G500.L is cheaper with a 0.05% expense ratio, compared with 0.25% for XDEV.L.
G500.L tracks Invesco S&P 500 UCITS ETF (GBP Hdg), while XDEV.L tracks MSCI ACWI Value NR USD. They also come from different issuers: Invesco and DWS. Their fees differ too: 0.05% for G500.L and 0.25% for XDEV.L.
Find the right allocation for G500.L and XDEV.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer