IUSE.L vs. S5SD.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares S&P 500 EUR Hedged UCITS ETF Acc (IUSE.L) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L).

IUSE.L and S5SD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUSE.L is a passively managed fund by iShares that tracks the performance of the S&P 500 EUR Hedged Index. It was launched on Sep 30, 2010. S5SD.L is a passively managed fund by UBS that tracks the performance of the S&P 500 Index. It was launched on Mar 25, 2019. Both IUSE.L and S5SD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IUSE.L vs. S5SD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares S&P 500 EUR Hedged UCITS ETF Acc (IUSE.L) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.L). The values are adjusted to include any dividend payments, if applicable.

IUSE.L vs. S5SD.L - Yearly Performance Comparison

	2026 (YTD)	2025
IUSE.L iShares S&P 500 EUR Hedged UCITS ETF Acc	-4.73%	24.27%
S5SD.L UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis	-5.12%	24.63%

Different Trading Currencies

IUSE.L is traded in EUR, while S5SD.L is traded in GBp. To make them comparable, the S5SD.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUSE.L achieves a -4.73% return, which is significantly higher than S5SD.L's -5.12% return.

IUSE.L

• 1D: 2.44%
• 1M: -3.97%
• YTD: -4.73%
• 6M: -2.12%
• 1Y: 15.45%
• 3Y*: 16.09%
• 5Y*: 9.26%
• 10Y*: 11.23%

S5SD.L

• 1D: 0.09%
• 1M: -5.13%
• YTD: -5.12%
• 6M: -1.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IUSE.L vs. S5SD.L - Expense Ratio Comparison

IUSE.L has a 0.20% expense ratio, which is higher than S5SD.L's 0.12% 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%.

IUSE.L

iShares S&P 500 EUR Hedged UCITS ETF Acc

S5SD.L

UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis

Return for Risk

IUSE.L vs. S5SD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUSE.L

IUSE.L Risk / Return Rank: 56
IUSE.L Sharpe Ratio Rank: 51
IUSE.L Sortino Ratio Rank: 51
IUSE.L Omega Ratio Rank: 52
IUSE.L Calmar Ratio Rank: 61
IUSE.L Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IUSE.L vs. S5SD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 EUR Hedged UCITS ETF Acc (IUSE.L) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis (S5SD.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.

	IUSE.L	S5SD.L	Difference
Sharpe ratio Return per unit of total volatility	0.97	—	—
Sortino ratio Return per unit of downside risk	1.44	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	1.72	—	—
Martin ratio Return relative to average drawdown	6.99	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IUSE.L	S5SD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	1.58	-0.84

Correlation

The correlation between IUSE.L and S5SD.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IUSE.L vs. S5SD.L - Dividend Comparison

Neither IUSE.L nor S5SD.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

IUSE.L vs. S5SD.L - Drawdown Comparison

The maximum IUSE.L drawdown since its inception was -34.75%, which is greater than S5SD.L's maximum drawdown of -7.37%. Use the drawdown chart below to compare losses from any high point for IUSE.L and S5SD.L.

Drawdown Indicators

	IUSE.L	S5SD.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.75%	-7.32%	-27.43%
Max Drawdown (1Y) Largest decline over 1 year	-11.60%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.75%	—	—
Current Drawdown Current decline from peak	-5.90%	-6.38%	+0.48%
Average Drawdown Average peak-to-trough decline	-4.35%	-1.33%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	—	—

Volatility

Volatility by Period

	IUSE.L	S5SD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.87%	12.51%	+3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.98%	12.51%	+3.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.29%	12.51%	+3.78%