IESU.L vs. G500.L
IESU.L (iShares S&P 500 Energy Sector UCITS ETF USD (Acc)) and G500.L (Invesco S&P 500 UCITS ETF (GBP Hdg)) are both Global Equities funds - IESU.L tracks the iShares S&P 500 Energy Sector UCITS ETF USD (Acc) while G500.L tracks the Invesco S&P 500 UCITS ETF (GBP Hdg). Both are passively managed. Over the past 5 years, IESU.L returned 22.17%/yr vs 12.15%/yr for G500.L. At a 0.20 correlation, their price movements are largely independent. IESU.L charges 0.15%/yr vs 0.05%/yr for G500.L.
Performance
IESU.L vs. G500.L - Performance Comparison
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Returns By Period
In the year-to-date period, IESU.L achieves a 25.22% return, which is significantly higher than G500.L's 9.90% return.
IESU.L
- 1D
- 0.70%
- 1M
- 1.19%
- 6M
- 16.95%
- YTD
- 25.22%
- 1Y
- 30.64%
- 3Y*
- 13.17%
- 5Y*
- 22.17%
- 10Y*
- 8.35%
G500.L
- 1D
- -0.05%
- 1M
- -0.03%
- 6M
- 9.49%
- YTD
- 9.90%
- 1Y
- 21.08%
- 3Y*
- 19.63%
- 5Y*
- 12.15%
- 10Y*
- —
IESU.L vs. G500.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IESU.L iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 25.22% | 2.26% | 5.45% | -5.96% | 83.53% | 53.82% | -5.36% |
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 9.90% | 17.45% | 24.98% | 24.88% | -19.98% | 28.95% | 20.65% |
Correlation
The correlation between IESU.L and G500.L is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020 | 0.20 |
The correlation between IESU.L and G500.L shifts across timeframes, from -0.24 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IESU.L vs. G500.L — Risk / Return Rank
IESU.L
G500.L
IESU.L vs. G500.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) and Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.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.
| IESU.L | G500.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.33 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 2.65 | -0.74 |
| Martin ratioReturn relative to average drawdown | 4.65 | 10.68 | -6.03 |
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Drawdowns
IESU.L vs. G500.L - Drawdown Comparison
The maximum IESU.L drawdown since its inception was -63.88%, which is greater than G500.L's maximum drawdown of -25.20%. Use the drawdown chart below to compare losses from any high point for IESU.L and G500.L.
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Drawdown Indicators
| IESU.L | G500.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.88% | -25.20% | -38.68% |
Max Drawdown (1Y)Largest decline over 1 year | -17.34% | -8.21% | -9.13% |
Max Drawdown (3Y)Largest decline over 3 years | -26.36% | -18.22% | -8.14% |
Max Drawdown (5Y)Largest decline over 5 years | -26.36% | -25.20% | -1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -62.16% | — | — |
Current DrawdownCurrent decline from peak | -13.00% | -0.66% | -12.34% |
Average DrawdownAverage peak-to-trough decline | -20.51% | -5.31% | -15.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.14% | 2.04% | +5.10% |
Volatility
IESU.L vs. G500.L - Volatility Comparison
iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IESU.L) has a higher volatility of 7.43% compared to Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) at 2.79%. This indicates that IESU.L's price experiences larger fluctuations and is considered to be riskier than G500.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IESU.L | G500.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.43% | 2.79% | +4.64% |
Volatility (6M)Calculated over the trailing 6-month period | 21.63% | 9.28% | +12.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.53% | 12.06% | +12.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 15.99% | +13.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.15% | 15.87% | +13.28% |
IESU.L vs. G500.L - Expense Ratio Comparison
IESU.L has a 0.15% expense ratio, which is higher than G500.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IESU.L vs. G500.L - Dividend Comparison
Neither IESU.L nor G500.L has paid dividends to shareholders.
Frequently Asked Questions
IESU.L and G500.L have a correlation of -0.24, 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 0.15% for IESU.L.
IESU.L tracks iShares S&P 500 Energy Sector UCITS ETF USD (Acc), while G500.L tracks Invesco S&P 500 UCITS ETF (GBP Hdg). They also come from different issuers: iShares and Invesco. Their fees differ too: 0.15% for IESU.L and 0.05% for G500.L.
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