IBZL.L vs. SP2D.DE
Compare and contrast key facts about iShares MSCI Brazil UCITS ETF (Dist) (IBZL.L) and Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.DE).
IBZL.L and SP2D.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBZL.L is a passively managed fund by iShares that tracks the performance of the MSCI Brazil NR USD. It was launched on Nov 18, 2005. SP2D.DE is a passively managed fund by Invesco that tracks the performance of the S&P 500® Equal Weight. It was launched on Apr 6, 2021. Both IBZL.L and SP2D.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IBZL.L vs. SP2D.DE - Performance Comparison
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IBZL.L vs. SP2D.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IBZL.L iShares MSCI Brazil UCITS ETF (Dist) | 23.78% | 38.28% | -26.04% | 25.61% | 8.23% |
SP2D.DE Invesco S&P 500 Equal Weight UCITS ETF Dist | 1.77% | 4.35% | 13.51% | 8.32% | 5.05% |
Different Trading Currencies
IBZL.L is traded in GBp, while SP2D.DE is traded in EUR. To make them comparable, the SP2D.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IBZL.L achieves a 23.78% return, which is significantly higher than SP2D.DE's 1.77% return.
IBZL.L
- 1D
- 1.88%
- 1M
- 2.04%
- YTD
- 23.78%
- 6M
- 33.79%
- 1Y
- 52.43%
- 3Y*
- 17.94%
- 5Y*
- 15.19%
- 10Y*
- 10.96%
SP2D.DE
- 1D
- 1.21%
- 1M
- -3.78%
- YTD
- 1.77%
- 6M
- 4.01%
- 1Y
- 10.21%
- 3Y*
- 9.25%
- 5Y*
- —
- 10Y*
- —
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IBZL.L vs. SP2D.DE - Expense Ratio Comparison
IBZL.L has a 0.74% expense ratio, which is higher than SP2D.DE's 0.20% expense ratio.
Return for Risk
IBZL.L vs. SP2D.DE — Risk / Return Rank
IBZL.L
SP2D.DE
IBZL.L vs. SP2D.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil UCITS ETF (Dist) (IBZL.L) and Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.DE). 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.
| IBZL.L | SP2D.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.33 | 0.65 | +1.68 |
Sortino ratioReturn per unit of downside risk | 3.01 | 0.95 | +2.05 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.14 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 5.59 | 1.19 | +4.40 |
Martin ratioReturn relative to average drawdown | 14.23 | 4.81 | +9.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBZL.L | SP2D.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 0.65 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.53 | -0.31 |
Correlation
The correlation between IBZL.L and SP2D.DE is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IBZL.L vs. SP2D.DE - Dividend Comparison
IBZL.L's dividend yield for the trailing twelve months is around 5.17%, more than SP2D.DE's 1.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBZL.L iShares MSCI Brazil UCITS ETF (Dist) | 5.17% | 5.74% | 8.31% | 6.83% | 16.49% | 8.64% | 2.44% | 3.28% | 3.31% | 1.86% | 2.24% | 5.42% |
SP2D.DE Invesco S&P 500 Equal Weight UCITS ETF Dist | 1.39% | 1.39% | 1.34% | 1.49% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBZL.L vs. SP2D.DE - Drawdown Comparison
The maximum IBZL.L drawdown since its inception was -69.44%, which is greater than SP2D.DE's maximum drawdown of -20.97%. Use the drawdown chart below to compare losses from any high point for IBZL.L and SP2D.DE.
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Drawdown Indicators
| IBZL.L | SP2D.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.44% | -22.69% | -46.75% |
Max Drawdown (1Y)Largest decline over 1 year | -9.74% | -14.62% | +4.88% |
Max Drawdown (5Y)Largest decline over 5 years | -28.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.77% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -4.86% | +4.76% |
Average DrawdownAverage peak-to-trough decline | -21.97% | -6.08% | -15.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 2.41% | +1.37% |
Volatility
IBZL.L vs. SP2D.DE - Volatility Comparison
iShares MSCI Brazil UCITS ETF (Dist) (IBZL.L) has a higher volatility of 7.75% compared to Invesco S&P 500 Equal Weight UCITS ETF Dist (SP2D.DE) at 3.47%. This indicates that IBZL.L's price experiences larger fluctuations and is considered to be riskier than SP2D.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBZL.L | SP2D.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.75% | 3.47% | +4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 17.26% | 7.61% | +9.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.43% | 15.69% | +6.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.47% | 14.86% | +11.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.75% | 14.86% | +16.89% |