IGDA.L vs. SPUS
Compare and contrast key facts about Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS).
IGDA.L and SPUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGDA.L is a passively managed fund by Invesco that tracks the performance of the Dow Jones Islamic Market Developed Markets Index. It was launched on Jan 7, 2022. SPUS is a passively managed fund by Toroso Investments that tracks the performance of the S&P 500 Shariah Industry Exclusions Index. It was launched on Dec 18, 2019. Both IGDA.L and SPUS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGDA.L or SPUS.
Correlation
The correlation between IGDA.L and SPUS is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IGDA.L vs. SPUS - Performance Comparison
Key characteristics
IGDA.L:
1.20
SPUS:
1.42
IGDA.L:
1.71
SPUS:
1.95
IGDA.L:
1.22
SPUS:
1.26
IGDA.L:
1.82
SPUS:
1.99
IGDA.L:
6.57
SPUS:
7.52
IGDA.L:
2.50%
SPUS:
3.03%
IGDA.L:
13.63%
SPUS:
16.02%
IGDA.L:
-24.18%
SPUS:
-30.80%
IGDA.L:
-0.69%
SPUS:
-1.67%
Returns By Period
In the year-to-date period, IGDA.L achieves a 3.25% return, which is significantly higher than SPUS's 2.23% return.
IGDA.L
3.25%
2.64%
7.00%
17.50%
N/A
N/A
SPUS
2.23%
1.14%
8.78%
21.31%
16.66%
N/A
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IGDA.L vs. SPUS - Expense Ratio Comparison
IGDA.L has a 0.40% expense ratio, which is lower than SPUS's 0.49% expense ratio.
Risk-Adjusted Performance
IGDA.L vs. SPUS — Risk-Adjusted Performance Rank
IGDA.L
SPUS
IGDA.L vs. SPUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.
Dividends
IGDA.L vs. SPUS - Dividend Comparison
IGDA.L has not paid dividends to shareholders, while SPUS's dividend yield for the trailing twelve months is around 0.69%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
IGDA.L Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.69% | 0.71% | 0.87% | 1.21% | 0.93% | 1.04% |
Drawdowns
IGDA.L vs. SPUS - Drawdown Comparison
The maximum IGDA.L drawdown since its inception was -24.18%, smaller than the maximum SPUS drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for IGDA.L and SPUS. For additional features, visit the drawdowns tool.
Volatility
IGDA.L vs. SPUS - Volatility Comparison
The current volatility for Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) is 4.25%, while SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a volatility of 4.72%. This indicates that IGDA.L experiences smaller price fluctuations and is considered to be less risky than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.