MIST.L vs. G500.L
MIST.L (PIMCO US Dollar Short Maturity UCITS ETF Institutional GBP (Hedged) Accumulation) and G500.L (Invesco S&P 500 UCITS ETF (GBP Hdg)) are both Global Equities funds - MIST.L tracks the PIMCO US Dollar Short Maturity UCITS ETF Institutional GBP (Hedged) Accumulation while G500.L tracks the Invesco S&P 500 UCITS ETF (GBP Hdg). Both are passively managed. Over the past 5 years, MIST.L returned 3.14%/yr vs 12.15%/yr for G500.L. At a 0.03 correlation, their price movements are largely independent.
Performance
MIST.L vs. G500.L - Performance Comparison
Loading charts...
Different Trading Currencies
MIST.L is traded in GBP, while G500.L is traded in GBp. To make them comparable, the G500.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, MIST.L achieves a 2.23% return, which is significantly lower than G500.L's 9.90% return.
MIST.L
- 1D
- 0.00%
- 1M
- 0.32%
- 6M
- 2.06%
- YTD
- 2.23%
- 1Y
- 4.37%
- 3Y*
- 5.04%
- 5Y*
- 3.14%
- 10Y*
- —
G500.L
- 1D
- -0.05%
- 1M
- -0.03%
- 6M
- 9.49%
- YTD
- 9.90%
- 1Y
- 21.08%
- 3Y*
- 19.63%
- 5Y*
- 12.15%
- 10Y*
- —
MIST.L vs. G500.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MIST.L PIMCO US Dollar Short Maturity UCITS ETF Institutional GBP (Hedged) Accumulation | 2.23% | 4.61% | 5.53% | 5.01% | -1.12% | -0.36% | 0.44% |
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 9.90% | 17.45% | 24.98% | 24.88% | -19.98% | 28.95% | 20.65% |
Correlation
The correlation between MIST.L and G500.L is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020 | 0.03 |
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
MIST.L vs. G500.L — Risk / Return Rank
MIST.L
G500.L
MIST.L vs. G500.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO US Dollar Short Maturity UCITS ETF Institutional GBP (Hedged) Accumulation (MIST.L) and Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.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.
| MIST.L | G500.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +9.78 | ||
| Sortino ratioReturn per unit of downside risk | +32.65 | ||
| Omega ratioGain probability vs. loss probability | 7.17 | 1.33 | +5.84 |
| Calmar ratioReturn relative to maximum drawdown | 101.64 | 2.65 | +98.99 |
| Martin ratioReturn relative to average drawdown | 493.90 | 10.68 | +483.22 |
Loading charts...
Drawdowns
MIST.L vs. G500.L - Drawdown Comparison
The maximum MIST.L drawdown since its inception was -3.70%, smaller than the maximum G500.L drawdown of -25.20%. Use the drawdown chart below to compare losses from any high point for MIST.L and G500.L.
Loading charts...
Drawdown Indicators
| MIST.L | G500.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.70% | -25.20% | +21.50% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -8.21% | +8.17% |
Max Drawdown (3Y)Largest decline over 3 years | -0.20% | -18.22% | +18.02% |
Max Drawdown (5Y)Largest decline over 5 years | -2.45% | -25.20% | +22.75% |
Current DrawdownCurrent decline from peak | 0.00% | -0.66% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -5.31% | +4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 2.04% | -2.03% |
Volatility
MIST.L vs. G500.L - Volatility Comparison
The current volatility for PIMCO US Dollar Short Maturity UCITS ETF Institutional GBP (Hedged) Accumulation (MIST.L) is 0.10%, while Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) has a volatility of 2.79%. This indicates that MIST.L experiences smaller price fluctuations and is considered to be less risky than G500.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIST.L | G500.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.10% | 2.79% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 0.28% | 9.28% | -9.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.38% | 12.06% | -11.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 15.99% | -15.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.98% | 15.87% | -14.89% |
Dividends
MIST.L vs. G500.L - Dividend Comparison
Neither MIST.L nor G500.L has paid dividends to shareholders.
Frequently Asked Questions
MIST.L and G500.L have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIST.L tracks PIMCO US Dollar Short Maturity UCITS ETF Institutional GBP (Hedged) Accumulation, while G500.L tracks Invesco S&P 500 UCITS ETF (GBP Hdg). They also come from different issuers: PIMCO and Invesco.
Find the right allocation for MIST.L and G500.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