IUIS.L vs. SPXS.L
IUIS.L (iShares S&P 500 Industrials Sector UCITS ETF USD (Acc)) and SPXS.L (Invesco S&P 500 UCITS ETF USD (Acc)) are both S&P 500 funds - IUIS.L tracks the S&P 500 Capped 35/20 Industrials Index while SPXS.L tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, IUIS.L returned 13.33%/yr vs -55.04%/yr for SPXS.L. A 0.76 correlation means they provide meaningful diversification when combined. IUIS.L charges 0.15%/yr vs 0.05%/yr for SPXS.L.
Performance
IUIS.L vs. SPXS.L - Performance Comparison
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Returns By Period
In the year-to-date period, IUIS.L achieves a 16.08% return, which is significantly higher than SPXS.L's 8.95% return.
IUIS.L
- 1D
- 0.07%
- 1M
- -0.46%
- 6M
- 8.43%
- YTD
- 16.08%
- 1Y
- 20.57%
- 3Y*
- 19.39%
- 5Y*
- 13.33%
- 10Y*
- —
SPXS.L
- 1D
- -1.32%
- 1M
- -0.60%
- 6M
- 8.00%
- YTD
- 8.95%
- 1Y
- -98.80%
- 3Y*
- -74.24%
- 5Y*
- -55.04%
- 10Y*
- -27.46%
IUIS.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUIS.L iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) | 16.08% | 19.17% | 17.53% | 17.86% | -5.28% | 20.71% | 9.96% | 28.50% | -12.85% | 14.96% |
SPXS.L Invesco S&P 500 UCITS ETF USD (Acc) | 8.95% | -98.82% | 25.56% | 27.00% | -18.53% | 29.64% | 17.89% | 30.86% | -5.19% | 15.94% |
Correlation
The correlation between IUIS.L and SPXS.L is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2017 | 0.76 |
The correlation between IUIS.L and SPXS.L shifts across timeframes, from 0.66 (1 year) to 0.79 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IUIS.L vs. SPXS.L — Risk / Return Rank
IUIS.L
SPXS.L
IUIS.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IUIS.L) and Invesco S&P 500 UCITS ETF USD (Acc) (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.
| IUIS.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.51 | +0.73 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | -1.00 | +2.96 |
| Martin ratioReturn relative to average drawdown | 7.43 | -1.22 | +8.66 |
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Drawdowns
IUIS.L vs. SPXS.L - Drawdown Comparison
The maximum IUIS.L drawdown since its inception was -42.18%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for IUIS.L and SPXS.L.
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Drawdown Indicators
| IUIS.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.18% | -99.07% | +56.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.42% | -99.07% | +88.65% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | -99.07% | +79.44% |
Max Drawdown (5Y)Largest decline over 5 years | -21.22% | -99.07% | +77.85% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.07% | — |
Current DrawdownCurrent decline from peak | -2.49% | -98.91% | +96.42% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -7.69% | +2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 80.82% | -78.06% |
Volatility
IUIS.L vs. SPXS.L - Volatility Comparison
iShares S&P 500 Industrials Sector UCITS ETF USD (Acc) (IUIS.L) has a higher volatility of 4.84% compared to Invesco S&P 500 UCITS ETF USD (Acc) (SPXS.L) at 3.01%. This indicates that IUIS.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.
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Volatility by Period
| IUIS.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 3.01% | +1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 12.66% | 9.33% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 99.43% | -84.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 47.12% | -29.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.49% | 35.28% | -15.79% |
IUIS.L vs. SPXS.L - Expense Ratio Comparison
IUIS.L has a 0.15% expense ratio, which is higher than SPXS.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
IUIS.L vs. SPXS.L - Dividend Comparison
Neither IUIS.L nor SPXS.L has paid dividends to shareholders.
Frequently Asked Questions
IUIS.L and SPXS.L have a correlation of 0.66, 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 0.15% for IUIS.L.
IUIS.L tracks S&P 500 Capped 35/20 Industrials Index, while SPXS.L tracks S&P 500 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.15% for IUIS.L and 0.05% for SPXS.L.
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