ISP6.L vs. IUSA.DE
ISP6.L (iShares S&P SmallCap 600 UCITS ETF) and IUSA.DE (iShares Core S&P 500 UCITS ETF USD Dist) are both exchange-traded funds - ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD, while IUSA.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, ISP6.L returned 9.92%/yr vs 14.43%/yr for IUSA.DE. A 0.70 correlation means they provide meaningful diversification when combined. ISP6.L charges 0.40%/yr vs 0.07%/yr for IUSA.DE.
Performance
ISP6.L vs. IUSA.DE - Performance Comparison
Loading charts...
Different Trading Currencies
ISP6.L is traded in GBp, while IUSA.DE is traded in EUR. To make them comparable, the IUSA.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISP6.L achieves a 19.53% return, which is significantly higher than IUSA.DE's 8.99% return. Over the past 10 years, ISP6.L has underperformed IUSA.DE with an annualized return of 9.92%, while IUSA.DE has yielded a comparatively higher 14.43% annualized return.
ISP6.L
- 1D
- -1.07%
- 1M
- 0.54%
- 6M
- 12.95%
- YTD
- 19.53%
- 1Y
- 30.48%
- 3Y*
- 12.10%
- 5Y*
- 7.74%
- 10Y*
- 9.92%
IUSA.DE
- 1D
- -1.11%
- 1M
- -1.70%
- 6M
- 7.38%
- YTD
- 8.99%
- 1Y
- 19.74%
- 3Y*
- 18.13%
- 5Y*
- 13.27%
- 10Y*
- 14.43%
ISP6.L vs. IUSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 19.53% | -0.91% | 8.76% | 10.98% | -6.72% | 27.86% | 6.87% | 17.51% | -4.56% | 3.05% |
IUSA.DE iShares Core S&P 500 UCITS ETF USD Dist | 8.99% | 10.14% | 26.59% | 20.02% | -9.56% | 30.82% | 12.79% | 27.55% | 0.26% | 11.22% |
Correlation
The correlation between ISP6.L and IUSA.DE is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since May 9, 2008 | 0.70 |
The correlation between ISP6.L and IUSA.DE shifts across timeframes, from 0.60 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ISP6.L vs. IUSA.DE — Risk / Return Rank
ISP6.L
IUSA.DE
ISP6.L vs. IUSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 UCITS ETF (ISP6.L) and iShares Core S&P 500 UCITS ETF USD Dist (IUSA.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.
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.
| ISP6.L | IUSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.31 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.57 | 2.75 | +1.81 |
| Martin ratioReturn relative to average drawdown | 13.61 | 9.65 | +3.96 |
Loading charts...
Drawdowns
ISP6.L vs. IUSA.DE - Drawdown Comparison
The maximum ISP6.L drawdown since its inception was -66.35%, which is greater than IUSA.DE's maximum drawdown of -36.31%. Use the drawdown chart below to compare losses from any high point for ISP6.L and IUSA.DE.
Loading charts...
Drawdown Indicators
| ISP6.L | IUSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.35% | -36.31% | -30.04% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -7.07% | +0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -30.26% | -22.11% | -8.15% |
Max Drawdown (5Y)Largest decline over 5 years | -30.26% | -22.11% | -8.15% |
Max Drawdown (10Y)Largest decline over 10 years | -39.08% | -26.26% | -12.82% |
Current DrawdownCurrent decline from peak | -3.45% | -1.93% | -1.52% |
Average DrawdownAverage peak-to-trough decline | -15.49% | -4.94% | -10.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 2.02% | +0.15% |
Volatility
ISP6.L vs. IUSA.DE - Volatility Comparison
iShares S&P SmallCap 600 UCITS ETF (ISP6.L) has a higher volatility of 4.43% compared to iShares Core S&P 500 UCITS ETF USD Dist (IUSA.DE) at 2.98%. This indicates that ISP6.L's price experiences larger fluctuations and is considered to be riskier than IUSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISP6.L | IUSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 2.98% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 7.79% | +3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.22% | 11.26% | +3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 14.80% | +4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.38% | 15.79% | +4.59% |
ISP6.L vs. IUSA.DE - Expense Ratio Comparison
ISP6.L has a 0.40% expense ratio, which is higher than IUSA.DE's 0.07% expense ratio.
Dividends
ISP6.L vs. IUSA.DE - Dividend Comparison
ISP6.L's dividend yield for the trailing twelve months is around 0.53%, less than IUSA.DE's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 0.53% | 1.22% | 1.15% | 1.08% | 1.00% | 0.65% | 0.94% | 0.97% | 0.96% | 0.78% | 0.77% | 0.53% |
IUSA.DE iShares Core S&P 500 UCITS ETF USD Dist | 0.86% | 0.94% | 0.99% | 1.25% | 1.46% | 0.99% | 1.40% | 1.48% | 1.70% | 1.51% | 1.37% | 1.52% |
Frequently Asked Questions
ISP6.L and IUSA.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSA.DE is cheaper with a 0.07% expense ratio, compared with 0.40% for ISP6.L.
ISP6.L is categorized as Small Cap Blend Equities, while IUSA.DE is S&P 500. ISP6.L tracks Russell 2000 TR USD, while IUSA.DE tracks S&P 500 Index. Their fees differ too: 0.40% for ISP6.L and 0.07% for IUSA.DE.
Find the right allocation for ISP6.L and IUSA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer