PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PABG.L vs. SUSA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PABG.L vs. SUSA

Last updated Jun 5, 2026

PABG.L (Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc) and SUSA (iShares MSCI USA ESG Select ETF) are both exchange-traded funds - PABG.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while SUSA is a Large Cap Growth Equities fund tracking the MSCI USA ESG Select Index. Both are passively managed. Over the past 5 years, PABG.L returned 9.95%/yr vs 12.68%/yr for SUSA. At a 0.39 correlation, their price movements are largely independent. PABG.L charges 0.20%/yr vs 0.25%/yr for SUSA.

Performance

PABG.L vs. SUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) and iShares MSCI USA ESG Select ETF (SUSA). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

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

Returns By Period

In the year-to-date period, PABG.L achieves a 5.89% return, which is significantly lower than SUSA's 9.63% return.

PABG.L

1D
0.86%
1M
3.40%
YTD
5.89%
6M
6.95%
1Y
16.55%
3Y*
16.35%
5Y*
9.95%
10Y*
—

SUSA

1D
-2.05%
1M
2.89%
YTD
9.63%
6M
7.81%
1Y
25.93%
3Y*
17.15%
5Y*
12.68%
10Y*
15.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PABG.L vs. SUSA - Yearly Performance Comparison

2026 (YTD)20252024202320222021
PABG.L
Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc		5.89%27.75%9.01%19.40%-11.91%18.30%
SUSA
iShares MSCI USA ESG Select ETF		9.63%7.48%24.57%17.69%-12.03%30.23%

Correlation

The correlation between PABG.L and SUSA is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.44

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

0.35

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

0.39

Correlation (All Time)
Calculated using the full available price history since Jan 29, 2021

0.39

PABG.L vs. SUSA - Sectors Allocation Comparison

Sectors
PABG.L
SUSA

Financial Services

32.6%
11.9%

Technology

19.8%
39.4%

Industrials

16.1%
10.2%

Consumer Cyclical

9.9%
6.9%

Healthcare

8.2%
9.0%

Consumer Defensive

4.2%
3.5%

Utilities

4.1%
1.3%

Communication Services

3.5%
8.5%

Real Estate

1.1%
3.1%

Basic Materials

0.4%
2.5%

Energy

0.2%
3.9%

Financial Services

PABG.L
32.6%
SUSA
11.9%

Technology

PABG.L
19.8%
SUSA
39.4%

Industrials

PABG.L
16.1%
SUSA
10.2%

Consumer Cyclical

PABG.L
9.9%
SUSA
6.9%

Healthcare

PABG.L
8.2%
SUSA
9.0%

Consumer Defensive

PABG.L
4.2%
SUSA
3.5%

Utilities

PABG.L
4.1%
SUSA
1.3%

Communication Services

PABG.L
3.5%
SUSA
8.5%

Real Estate

PABG.L
1.1%
SUSA
3.1%

Basic Materials

PABG.L
0.4%
SUSA
2.5%

Energy

PABG.L
0.2%
SUSA
3.9%

Compare stocks, funds, or ETFs

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

Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc

iShares MSCI USA ESG Select ETF

Often compared with PABG.L:
PABG.L vs. LYPG.DEPABG.L vs. JPCT.DEPABG.L vs. ZPAB.DEPABG.L vs. XLVP.LPABG.L vs. LWCR.DEPABG.L vs. XDWT.DEPABG.L vs. QQQ
Often compared with SUSA:
SUSA vs. ESGUSUSA vs. ESGVSUSA vs. SUSLSUSA vs. SPYSUSA vs. VOOSUSA vs. IQSUSUSA vs. JEPI

Return for Risk

PABG.L vs. SUSA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PABG.L
PABG.L Risk / Return Rank: 3131
Overall Rank
PABG.L Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
PABG.L Sortino Ratio Rank: 3232
Sortino Ratio Rank
PABG.L Omega Ratio Rank: 3131
Omega Ratio Rank
PABG.L Calmar Ratio Rank: 3030
Calmar Ratio Rank
PABG.L Martin Ratio Rank: 3333
Martin Ratio Rank
SUSA
SUSA Risk / Return Rank: 5757
Overall Rank
SUSA Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
SUSA Sortino Ratio Rank: 5656
Sortino Ratio Rank
SUSA Omega Ratio Rank: 5757
Omega Ratio Rank
SUSA Calmar Ratio Rank: 5353
Calmar Ratio Rank
SUSA Martin Ratio Rank: 6262
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.

PABG.L vs. SUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) and iShares MSCI USA ESG Select ETF (SUSA). 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.

PABG.LSUSADifference
Sharpe ratioReturn per unit of total volatility
1.10
2.17

-1.08

Sortino ratioReturn per unit of downside risk
1.68
2.84

-1.16

Omega ratioGain probability vs. loss probability

1.20

1.40

-0.20

Calmar ratioReturn relative to maximum drawdown

1.43

3.18

-1.75

Martin ratioReturn relative to average drawdown

4.90

11.98

-7.08

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

PABG.L vs. SUSA - Sharpe Ratio Comparison

The current PABG.L Sharpe Ratio is 1.10, which is lower than the SUSA Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of PABG.L and SUSA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

PABG.LSUSADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.10

2.17

-1.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.79

-0.20

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

0.68

+0.04

Drawdowns

PABG.L vs. SUSA - Drawdown Comparison

The maximum PABG.L drawdown since its inception was -26.49%, smaller than the maximum SUSA drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for PABG.L and SUSA.

Loading charts...

Drawdown Indicators

PABG.LSUSADifference

Max Drawdown

Largest peak-to-trough decline

-26.49%

-32.78%

+6.29%

Max Drawdown (1Y)

Largest decline over 1 year

-11.78%

-8.19%

-3.59%

Max Drawdown (3Y)

Largest decline over 3 years

-13.84%

-22.41%

+8.57%

Max Drawdown (5Y)

Largest decline over 5 years

-26.49%

-22.41%

-4.08%

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.90%

—

Current Drawdown

Current decline from peak

-0.04%

-2.24%

+2.20%

Average Drawdown

Average peak-to-trough decline

-5.63%

-5.12%

-0.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.45%

2.17%

+1.28%

Volatility

PABG.L vs. SUSA - Volatility Comparison

Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc (PABG.L) has a higher volatility of 4.81% compared to iShares MSCI USA ESG Select ETF (SUSA) at 3.57%. This indicates that PABG.L's price experiences larger fluctuations and is considered to be riskier than SUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

PABG.LSUSADifference

Volatility (1M)

Calculated over the trailing 1-month period

4.81%

3.57%

+1.24%

Volatility (6M)

Calculated over the trailing 6-month period

12.73%

8.95%

+3.78%

Volatility (1Y)

Calculated over the trailing 1-year period

15.38%

12.00%

+3.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.99%

16.12%

+0.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.73%

18.13%

-1.40%

PABG.L vs. SUSA - Expense Ratio Comparison

PABG.L has a 0.20% expense ratio, which is lower than SUSA's 0.25% 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

PABG.L vs. SUSA - Dividend Comparison

PABG.L has not paid dividends to shareholders, while SUSA's dividend yield for the trailing twelve months is around 0.85%.

PositionTTM20252024202320222021202020192018201720162015
PABG.L
Lyxor Net Zero 2050 S&P Eurozone Climate PAB (DR) UCITS ETF - Acc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SUSA
iShares MSCI USA ESG Select ETF		0.85%0.89%1.15%1.32%1.52%0.98%1.17%1.52%1.72%1.40%1.56%1.42%

Frequently Asked Questions

PABG.L and SUSA have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, PABG.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

PABG.L is cheaper with a 0.20% expense ratio, compared with 0.25% for SUSA.

PABG.L is categorized as Europe Equities, while SUSA is Large Cap Growth Equities. PABG.L tracks MSCI EMU NR EUR, while SUSA tracks MSCI USA ESG Select Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for PABG.L and 0.25% for SUSA.

Portfolio Optimizer

Find the right allocation for PABG.L and SUSA

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