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MXUS.L vs. EEDG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MXUS.L vs. EEDG.L

Last updated Jun 5, 2026

MXUS.L (Invesco MSCI USA UCITS ETF) and EEDG.L (iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist)) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from Invesco and iShares respectively. Both are passively managed. Over the past 5 years, MXUS.L returned 13.58%/yr vs 11.81%/yr for EEDG.L. Their correlation of 0.92 suggests significant overlap in exposure. MXUS.L charges 0.05%/yr vs 0.07%/yr for EEDG.L.

Performance

MXUS.L vs. EEDG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco MSCI USA UCITS ETF (MXUS.L) and iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) (EEDG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

MXUS.L is traded in USD, while EEDG.L is traded in GBP. To make them comparable, the EEDG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MXUS.L achieves a 10.31% return, which is significantly higher than EEDG.L's 9.39% return.

MXUS.L

1D
0.02%
1M
4.59%
YTD
10.31%
6M
10.99%
1Y
27.75%
3Y*
22.47%
5Y*
13.58%
10Y*
15.33%

EEDG.L

1D
0.16%
1M
4.85%
YTD
9.39%
6M
10.24%
1Y
25.53%
3Y*
20.62%
5Y*
11.81%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

MXUS.L vs. EEDG.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
MXUS.L
Invesco MSCI USA UCITS ETF		10.31%17.34%25.57%27.84%-20.03%27.90%34.27%
EEDG.L
iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist)		9.39%15.16%24.10%25.61%-21.68%28.24%34.64%

Correlation

The correlation between MXUS.L and EEDG.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.91

Correlation (3Y)
Calculated over the trailing 3-year period

0.92

Correlation (5Y)
Calculated over the trailing 5-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Apr 29, 2020

0.92

The correlation between MXUS.L and EEDG.L has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

MXUS.L vs. EEDG.L - Sectors Allocation Comparison

Sectors
MXUS.L
EEDG.L

Technology

35.4%
35.9%

Financial Services

11.6%
12.0%

Communication Services

11.3%
11.4%

Consumer Cyclical

10.1%
9.9%

Healthcare

8.6%
8.6%

Industrials

8.6%
7.8%

Consumer Defensive

4.8%
4.6%

Energy

3.6%
3.4%

Utilities

2.3%
2.3%

Real Estate

1.9%
2.1%

Basic Materials

1.8%
2.1%

Technology

MXUS.L
35.4%
EEDG.L
35.9%

Financial Services

MXUS.L
11.6%
EEDG.L
12.0%

Communication Services

MXUS.L
11.3%
EEDG.L
11.4%

Consumer Cyclical

MXUS.L
10.1%
EEDG.L
9.9%

Healthcare

MXUS.L
8.6%
EEDG.L
8.6%

Industrials

MXUS.L
8.6%
EEDG.L
7.8%

Consumer Defensive

MXUS.L
4.8%
EEDG.L
4.6%

Energy

MXUS.L
3.6%
EEDG.L
3.4%

Utilities

MXUS.L
2.3%
EEDG.L
2.3%

Real Estate

MXUS.L
1.9%
EEDG.L
2.1%

Basic Materials

MXUS.L
1.8%
EEDG.L
2.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco MSCI USA UCITS ETF

iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist)

Often compared with MXUS.L:
MXUS.L vs. USSC.LMXUS.L vs. BIRDXMXUS.L vs. INAA.LMXUS.L vs. UC96.LMXUS.L vs. QUALMXUS.L vs. VOOMXUS.L vs. ACWI
Often compared with EEDG.L:
EEDG.L vs. S5SD.LEEDG.L vs. IITU.LEEDG.L vs. FEXU.LEEDG.L vs. FRUE.LEEDG.L vs. ISDU.LEEDG.L vs. CAPS.LEEDG.L vs. BBUS.L

Return for Risk

MXUS.L vs. EEDG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MXUS.L
MXUS.L Risk / Return Rank: 7474
Overall Rank
MXUS.L Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
MXUS.L Sortino Ratio Rank: 7878
Sortino Ratio Rank
MXUS.L Omega Ratio Rank: 7474
Omega Ratio Rank
MXUS.L Calmar Ratio Rank: 6868
Calmar Ratio Rank
MXUS.L Martin Ratio Rank: 7575
Martin Ratio Rank
EEDG.L
EEDG.L Risk / Return Rank: 7171
Overall Rank
EEDG.L Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
EEDG.L Sortino Ratio Rank: 7575
Sortino Ratio Rank
EEDG.L Omega Ratio Rank: 7777
Omega Ratio Rank
EEDG.L Calmar Ratio Rank: 6363
Calmar Ratio Rank
EEDG.L Martin Ratio Rank: 6060
Martin Ratio Rank
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.

MXUS.L vs. EEDG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA UCITS ETF (MXUS.L) and iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) (EEDG.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.

MXUS.LEEDG.LDifference
Sharpe ratioReturn per unit of total volatility
2.37
2.21

+0.16

Sortino ratioReturn per unit of downside risk
3.44
3.21

+0.23

Omega ratioGain probability vs. loss probability

1.43

1.39

+0.04

Calmar ratioReturn relative to maximum drawdown

3.31

2.60

+0.70

Martin ratioReturn relative to average drawdown

14.01

10.88

+3.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXUS.L vs. EEDG.L - Sharpe Ratio Comparison

The current MXUS.L Sharpe Ratio is 2.37, which is comparable to the EEDG.L Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of MXUS.L and EEDG.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MXUS.LEEDG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.37

2.21

+0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.84

0.73

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.93

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.94

1.06

-0.11

Drawdowns

MXUS.L vs. EEDG.L - Drawdown Comparison

The maximum MXUS.L drawdown since its inception was -34.38%, which is greater than EEDG.L's maximum drawdown of -28.01%. Use the drawdown chart below to compare losses from any high point for MXUS.L and EEDG.L.

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Drawdown Indicators

MXUS.LEEDG.LDifference

Max Drawdown

Largest peak-to-trough decline

-34.38%

-28.01%

-6.37%

Max Drawdown (1Y)

Largest decline over 1 year

-8.35%

-9.76%

+1.41%

Max Drawdown (3Y)

Largest decline over 3 years

-18.78%

-19.67%

+0.89%

Max Drawdown (5Y)

Largest decline over 5 years

-25.25%

-28.01%

+2.76%

Max Drawdown (10Y)

Largest decline over 10 years

-34.38%

—

—

Current Drawdown

Current decline from peak

-0.45%

-0.47%

+0.02%

Average Drawdown

Average peak-to-trough decline

-3.83%

-6.07%

+2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.98%

2.34%

-0.36%

Volatility

MXUS.L vs. EEDG.L - Volatility Comparison

Invesco MSCI USA UCITS ETF (MXUS.L) has a higher volatility of 3.20% compared to iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist) (EEDG.L) at 2.65%. This indicates that MXUS.L's price experiences larger fluctuations and is considered to be riskier than EEDG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MXUS.LEEDG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.20%

2.65%

+0.55%

Volatility (6M)

Calculated over the trailing 6-month period

8.55%

8.24%

+0.31%

Volatility (1Y)

Calculated over the trailing 1-year period

11.64%

11.48%

+0.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.19%

16.09%

+0.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.42%

16.53%

-0.11%

MXUS.L vs. EEDG.L - Expense Ratio Comparison

MXUS.L has a 0.05% expense ratio, which is lower than EEDG.L's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MXUS.L vs. EEDG.L - Dividend Comparison

MXUS.L has not paid dividends to shareholders, while EEDG.L's dividend yield for the trailing twelve months is around 0.81%.

PositionTTM202520242023202220212020
EEDG.L
iShares MSCI USA ESG Enhanced UCITS ETF USD (Dist)		0.81%0.88%0.99%1.15%1.39%1.00%1.30%
MXUS.L
Invesco MSCI USA UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.91, MXUS.L and EEDG.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, MXUS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

MXUS.L is cheaper with a 0.05% expense ratio, compared with 0.07% for EEDG.L.

Both ETFs track Russell 1000 TR USD. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.05% for MXUS.L and 0.07% for EEDG.L.

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