IAUS.L vs. C500.L
IAUS.L (iShares MSCI Australia UCITS ETF USD (Acc)) and C500.L (Invesco S&P China A MidCap 500 Swap UCITS ETF Acc) are both exchange-traded funds - IAUS.L is a Asia Pacific Equities fund tracking the MSCI Australia Index (Net), while C500.L is a China Equities fund tracking the S&P China A MidCap 500 Index. Both are passively managed. Over the past 3 years, IAUS.L returned 11.10%/yr vs 4.32%/yr for C500.L. At a 0.30 correlation, their price movements are largely independent. IAUS.L charges 0.50%/yr vs 0.35%/yr for C500.L.
Performance
IAUS.L vs. C500.L - Performance Comparison
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Returns By Period
IAUS.L
- 1D
- 0.00%
- 1M
- 0.74%
- 6M
- 9.27%
- YTD
- 10.07%
- 1Y
- 11.31%
- 3Y*
- 11.10%
- 5Y*
- 6.54%
- 10Y*
- 7.93%
- ALL TIME*
- 5.87%
C500.L
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 4.32%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.80%
IAUS.L vs. C500.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IAUS.L iShares MSCI Australia UCITS ETF USD (Acc) | 10.07% | 13.86% | 1.70% | 13.84% | -2.76% |
C500.L Invesco S&P China A MidCap 500 Swap UCITS ETF Acc | 0.00% | 6.99% | 12.50% | -9.06% | 11.25% |
Correlation
The correlation between IAUS.L and C500.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.30 |
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Return for Risk
IAUS.L vs. C500.L — Risk / Return Rank
IAUS.L
C500.L
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IAUS.L vs. C500.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Australia UCITS ETF USD (Acc) (IAUS.L) and Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.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.
| IAUS.L | C500.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | — | — |
| Martin ratioReturn relative to average drawdown | 2.84 | — | — |
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Drawdowns
IAUS.L vs. C500.L - Drawdown Comparison
The maximum IAUS.L drawdown since its inception was -44.76%, which is greater than C500.L's maximum drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for IAUS.L and C500.L.
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Drawdown Indicators
| IAUS.L | C500.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.76% | -35.90% | -8.86% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | 0.00% | -9.68% |
Max Drawdown (3Y)Largest decline over 3 years | -23.04% | -27.05% | +4.01% |
Max Drawdown (5Y)Largest decline over 5 years | -24.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.76% | — | — |
Current DrawdownCurrent decline from peak | -4.38% | -11.28% | +6.90% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -14.00% | +4.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 0.00% | +3.98% |
Volatility
IAUS.L vs. C500.L - Volatility Comparison
iShares MSCI Australia UCITS ETF USD (Acc) (IAUS.L) has a higher volatility of 3.52% compared to Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) at 0.00%. This indicates that IAUS.L's price experiences larger fluctuations and is considered to be riskier than C500.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAUS.L | C500.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 0.00% | +3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 13.34% | 0.00% | +13.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 0.00% | +15.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.49% | 23.45% | -3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.74% | 23.45% | -2.71% |
IAUS.L vs. C500.L - Expense Ratio Comparison
IAUS.L has a 0.50% expense ratio, which is higher than C500.L's 0.35% expense ratio.
Dividends
IAUS.L vs. C500.L - Dividend Comparison
Neither IAUS.L nor C500.L has paid dividends to shareholders.
Frequently Asked Questions
IAUS.L and C500.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, C500.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
C500.L is cheaper with a 0.35% expense ratio, compared with 0.50% for IAUS.L.
IAUS.L is categorized as Asia Pacific Equities, while C500.L is China Equities. IAUS.L tracks MSCI Australia Index (Net), while C500.L tracks S&P China A MidCap 500 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.50% for IAUS.L and 0.35% for C500.L.
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