ICSU.L vs. IUCS.L

Last updated Jun 5, 2026

ICSU.L (iShares S&P 500 Consumer Staples Sector UCITS ETF USD (Acc)) and IUCS.L (iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating) are both Consumer Staples Equities funds from iShares tracking the S&P 500 Capped 35/20 Consumer Staples Index. Both are passively managed. Over the past 5 years, ICSU.L returned 7.91%/yr vs 7.92%/yr for IUCS.L. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.

Performance

ICSU.L vs. IUCS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares S&P 500 Consumer Staples Sector UCITS ETF USD (Acc) (ICSU.L) and iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating (IUCS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ICSU.L is traded in GBp, while IUCS.L is traded in USD. To make them comparable, the IUCS.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with ICSU.L having a 6.60% return and IUCS.L slightly higher at 6.76%.

ICSU.L

• 1D: 0.03%
• 1M: -1.75%
• YTD: 6.60%
• 6M: 5.01%
• 1Y: 4.82%
• 3Y*: 5.52%
• 5Y*: 7.91%
• 10Y*: —

IUCS.L

• 1D: 0.07%
• 1M: -1.76%
• YTD: 6.76%
• 6M: 5.23%
• 1Y: 4.73%
• 3Y*: 5.63%
• 5Y*: 7.92%
• 10Y*: —

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

ICSU.L vs. IUCS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ICSU.L iShares S&P 500 Consumer Staples Sector UCITS ETF USD (Acc)	6.60%	-3.20%	16.26%	-5.83%	11.78%	19.63%	5.64%	22.78%	-3.96%	-2.45%
IUCS.L iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating	6.76%	-3.44%	16.32%	-5.36%	11.82%	19.26%	4.87%	23.28%	-4.42%	-1.94%

Correlation

The correlation between ICSU.L and IUCS.L is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Apr 10, 2017	0.81

The correlation between ICSU.L and IUCS.L shifts across timeframes, from 0.81 (all time) to 0.94 (1 year), reflecting how their relationship changes across market environments.

ICSU.L vs. IUCS.L - Sectors Allocation Comparison

Sectors	ICSU.L	IUCS.L
Consumer Defensive	99.0%	99.0%
Consumer Cyclical	1.0%	1.0%
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

ICSU.L vs. IUCS.L — Risk / Return Rank

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

ICSU.L

ICSU.L Risk / Return Rank: 13
ICSU.L Sharpe Ratio Rank: 12
ICSU.L Sortino Ratio Rank: 12
ICSU.L Omega Ratio Rank: 12
ICSU.L Calmar Ratio Rank: 13
ICSU.L Martin Ratio Rank: 13

IUCS.L

IUCS.L Risk / Return Rank: 11
IUCS.L Sharpe Ratio Rank: 11
IUCS.L Sortino Ratio Rank: 11
IUCS.L Omega Ratio Rank: 11
IUCS.L Calmar Ratio Rank: 12
IUCS.L Martin Ratio Rank: 11

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.

ICSU.L vs. IUCS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Consumer Staples Sector UCITS ETF USD (Acc) (ICSU.L) and iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating (IUCS.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.

	ICSU.L	IUCS.L	Difference
Sharpe ratio: Return per unit of total volatility	0.22	0.21	+0.01
Sortino ratio: Return per unit of downside risk	0.43	0.40	+0.02
Omega ratio: Gain probability vs. loss probability	1.05	1.05	0.00
Calmar ratio: Return relative to maximum drawdown	0.34	0.34	0.00
Martin ratio: Return relative to average drawdown	0.82	0.81	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ICSU.L vs. IUCS.L - Sharpe Ratio Comparison

The current ICSU.L Sharpe Ratio is 0.22, which is comparable to the IUCS.L Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of ICSU.L and IUCS.L, 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

	ICSU.L	IUCS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	0.21	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.56	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.50	-0.02

Drawdowns

ICSU.L vs. IUCS.L - Drawdown Comparison

The maximum ICSU.L drawdown since its inception was -18.54%, roughly equal to the maximum IUCS.L drawdown of -17.74%. Use the drawdown chart below to compare losses from any high point for ICSU.L and IUCS.L.

Drawdown Indicators

	ICSU.L	IUCS.L	Difference
Max Drawdown Largest peak-to-trough decline	-18.54%	-17.74%	-0.80%
Max Drawdown (1Y) Largest decline over 1 year	-9.24%	-9.20%	-0.04%
Max Drawdown (3Y) Largest decline over 3 years	-11.59%	-11.51%	-0.08%
Max Drawdown (5Y) Largest decline over 5 years	-13.70%	-13.49%	-0.21%
Current Drawdown Current decline from peak	-7.40%	-7.28%	-0.12%
Average Drawdown Average peak-to-trough decline	-4.93%	-4.69%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	3.86%	+0.01%

Volatility

ICSU.L vs. IUCS.L - Volatility Comparison

iShares S&P 500 Consumer Staples Sector UCITS ETF USD (Acc) (ICSU.L) has a higher volatility of 6.57% compared to iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating (IUCS.L) at 6.19%. This indicates that ICSU.L's price experiences larger fluctuations and is considered to be riskier than IUCS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICSU.L	IUCS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.57%	6.19%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	11.97%	12.11%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	14.37%	14.66%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.45%	14.12%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.31%	15.92%	-1.61%

ICSU.L vs. IUCS.L - Expense Ratio Comparison

Both ICSU.L and IUCS.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ICSU.L vs. IUCS.L - Dividend Comparison

Neither ICSU.L nor IUCS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ICSU.L and IUCS.L in my portfolio?

With a correlation of 0.94, ICSU.L and IUCS.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ICSU.L or IUCS.L?

Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ICSU.L or IUCS.L?

ICSU.L and IUCS.L have the same expense ratio: 0.15% per year.

What is the main difference between ICSU.L and IUCS.L?

Both ETFs track S&P 500 Capped 35/20 Consumer Staples Index.