ISUS.L vs. SPXS.L
ISUS.L (iShares MSCI USA Islamic UCITS ETF USD (Dist)) and SPXS.L (Invesco S&P 500 UCITS ETF) are both Global Equities funds - ISUS.L tracks the iShares MSCI USA Islamic UCITS ETF USD (Dist) while SPXS.L tracks the Invesco S&P 500 UCITS ETF. Both are passively managed. Over the past 10 years, ISUS.L returned 11.28%/yr vs -27.53%/yr for SPXS.L. Their correlation of 0.87 suggests significant overlap in exposure. ISUS.L charges 0.50%/yr vs 0.05%/yr for SPXS.L.
Performance
ISUS.L vs. SPXS.L - Performance Comparison
Loading charts...
Different Trading Currencies
ISUS.L is traded in GBp, while SPXS.L is traded in USD. To make them comparable, the SPXS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISUS.L achieves a 16.13% return, which is significantly higher than SPXS.L's 9.88% return. Over the past 10 years, ISUS.L has outperformed SPXS.L with an annualized return of 11.28%, while SPXS.L has yielded a comparatively lower -27.53% annualized return.
ISUS.L
- 1D
- -0.54%
- 1M
- -5.23%
- 6M
- 13.90%
- YTD
- 16.13%
- 1Y
- 28.27%
- 3Y*
- 14.69%
- 5Y*
- 13.38%
- 10Y*
- 11.28%
SPXS.L
- 1D
- 0.00%
- 1M
- -0.81%
- 6M
- 9.42%
- YTD
- 9.88%
- 1Y
- -98.79%
- 3Y*
- -74.39%
- 5Y*
- -54.77%
- 10Y*
- -27.53%
ISUS.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISUS.L iShares MSCI USA Islamic UCITS ETF USD (Dist) | 16.13% | 8.35% | 11.17% | 18.94% | -1.34% | 31.21% | 3.24% | 16.79% | -0.56% | 3.81% |
SPXS.L Invesco S&P 500 UCITS ETF | 9.88% | -98.91% | 27.76% | 20.65% | -8.84% | 30.87% | 14.43% | 25.88% | 0.43% | 11.11% |
Correlation
The correlation between ISUS.L and SPXS.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since May 20, 2010 | 0.87 |
The correlation between ISUS.L and SPXS.L shifts across timeframes, from 0.73 (1 year) to 0.87 (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
ISUS.L vs. SPXS.L — Risk / Return Rank
ISUS.L
SPXS.L
ISUS.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Islamic UCITS ETF USD (Dist) (ISUS.L) and Invesco S&P 500 UCITS ETF (SPXS.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.
| ISUS.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.11 | ||
| Sortino ratioReturn per unit of downside risk | +3.57 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.52 | +0.86 |
| Calmar ratioReturn relative to maximum drawdown | 4.23 | -1.00 | +5.23 |
| Martin ratioReturn relative to average drawdown | 13.71 | -1.23 | +14.93 |
Loading charts...
Drawdowns
ISUS.L vs. SPXS.L - Drawdown Comparison
The maximum ISUS.L drawdown since its inception was -60.74%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for ISUS.L and SPXS.L.
Loading charts...
Drawdown Indicators
| ISUS.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.74% | -99.07% | +38.33% |
Max Drawdown (1Y)Largest decline over 1 year | -6.99% | -99.07% | +92.08% |
Max Drawdown (3Y)Largest decline over 3 years | -23.99% | -99.07% | +75.08% |
Max Drawdown (5Y)Largest decline over 5 years | -23.99% | -99.07% | +75.08% |
Max Drawdown (10Y)Largest decline over 10 years | -24.48% | -99.07% | +74.59% |
Current DrawdownCurrent decline from peak | -6.99% | -98.92% | +91.93% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -7.34% | -7.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 80.59% | -78.43% |
Volatility
ISUS.L vs. SPXS.L - Volatility Comparison
iShares MSCI USA Islamic UCITS ETF USD (Dist) (ISUS.L) has a higher volatility of 6.20% compared to Invesco S&P 500 UCITS ETF (SPXS.L) at 2.88%. This indicates that ISUS.L's price experiences larger fluctuations and is considered to be riskier than SPXS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISUS.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 2.88% | +3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 11.35% | 9.25% | +2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.04% | 99.46% | -85.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 46.95% | -32.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.58% | 35.32% | -19.74% |
ISUS.L vs. SPXS.L - Expense Ratio Comparison
ISUS.L has a 0.50% expense ratio, which is higher than SPXS.L's 0.05% expense ratio.
Dividends
ISUS.L vs. SPXS.L - Dividend Comparison
ISUS.L's dividend yield for the trailing twelve months is around 0.66%, while SPXS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISUS.L iShares MSCI USA Islamic UCITS ETF USD (Dist) | 0.66% | 0.75% | 0.89% | 1.13% | 1.53% | 1.00% | 1.50% | 1.41% | 1.45% | 1.43% | 1.23% | 1.39% |
SPXS.L Invesco S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISUS.L and SPXS.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPXS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPXS.L is cheaper with a 0.05% expense ratio, compared with 0.50% for ISUS.L.
ISUS.L tracks iShares MSCI USA Islamic UCITS ETF USD (Dist), while SPXS.L tracks Invesco S&P 500 UCITS ETF. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.50% for ISUS.L and 0.05% for SPXS.L.
Find the right allocation for ISUS.L and SPXS.L
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