PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
PRFP.L vs. G500.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PRFP.L vs. G500.L

Last updated Jul 16, 2026
Documentation

PRFP.L (Invesco Preferred Shares UCITS ETF) and G500.L (Invesco S&P 500 UCITS ETF (GBP Hdg)) are both Global Equities funds from Invesco - PRFP.L tracks the Invesco Preferred Shares UCITS ETF while G500.L tracks the Invesco S&P 500 UCITS ETF (GBP Hdg). Both are passively managed. Over the past 5 years, PRFP.L returned -1.28%/yr vs 12.15%/yr for G500.L. At a 0.18 correlation, their price movements are largely independent. PRFP.L charges 0.50%/yr vs 0.05%/yr for G500.L.

Performance

PRFP.L vs. G500.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco Preferred Shares UCITS ETF (PRFP.L) and Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PRFP.L achieves a -0.84% return, which is significantly lower than G500.L's 9.90% return.

PRFP.L

1D
-0.70%
1M
-0.58%
6M
-1.97%
YTD
-0.84%
1Y
2.08%
3Y*
2.70%
5Y*
-1.28%
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*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PRFP.L vs. G500.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
PRFP.L
Invesco Preferred Shares UCITS ETF		-0.84%-4.46%6.43%3.44%-12.08%4.09%-1.63%
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 PRFP.L and G500.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.21

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

0.21

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

0.19

Correlation (All Time)
Calculated using the full available price history since Jun 30, 2020

0.18

Compare stocks, funds, or ETFs

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

Invesco Preferred Shares UCITS ETF

Invesco S&P 500 UCITS ETF (GBP Hdg)

Return for Risk

PRFP.L vs. G500.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PRFP.L
PRFP.L Risk / Return Rank: 1313
Overall Rank
PRFP.L Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
PRFP.L Sortino Ratio Rank: 1212
Sortino Ratio Rank
PRFP.L Omega Ratio Rank: 1212
Omega Ratio Rank
PRFP.L Calmar Ratio Rank: 1515
Calmar Ratio Rank
PRFP.L Martin Ratio Rank: 1414
Martin Ratio Rank
G500.L
G500.L Risk / Return Rank: 7171
Overall Rank
G500.L Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
G500.L Sortino Ratio Rank: 7575
Sortino Ratio Rank
G500.L Omega Ratio Rank: 6969
Omega Ratio Rank
G500.L Calmar Ratio Rank: 6666
Calmar Ratio Rank
G500.L Martin Ratio Rank: 7373
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.

PRFP.L vs. G500.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Preferred Shares UCITS ETF (PRFP.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.

PRFP.LG500.LDifference
Sharpe ratioReturn per unit of total volatility
0.27
1.81

-1.54

Sortino ratioReturn per unit of downside risk
0.43
2.70

-2.27

Omega ratioGain probability vs. loss probability

1.05

1.33

-0.28

Calmar ratioReturn relative to maximum drawdown

0.41

2.65

-2.24

Martin ratioReturn relative to average drawdown

0.76

10.68

-9.92

PRFP.L vs. G500.L - Sharpe Ratio Comparison

The current PRFP.L Sharpe Ratio is 0.27, which is lower than the G500.L Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of PRFP.L and G500.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.

Loading charts...

Drawdowns

PRFP.L vs. G500.L - Drawdown Comparison

The maximum PRFP.L drawdown since its inception was -33.34%, which is greater than G500.L's maximum drawdown of -25.20%. Use the drawdown chart below to compare losses from any high point for PRFP.L and G500.L.

Loading charts...

Drawdown Indicators

PRFP.LG500.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.34%

-25.20%

-8.14%

Max Drawdown (1Y)

Largest decline over 1 year

-5.06%

-8.21%

+3.15%

Max Drawdown (3Y)

Largest decline over 3 years

-13.79%

-18.22%

+4.43%

Max Drawdown (5Y)

Largest decline over 5 years

-20.03%

-25.20%

+5.17%

Current Drawdown

Current decline from peak

-19.04%

-0.66%

-18.38%

Average Drawdown

Average peak-to-trough decline

-16.25%

-5.31%

-10.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.73%

2.04%

+0.69%

Volatility

PRFP.L vs. G500.L - Volatility Comparison

The current volatility for Invesco Preferred Shares UCITS ETF (PRFP.L) is 2.64%, while Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) has a volatility of 2.79%. This indicates that PRFP.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

PRFP.LG500.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.64%

2.79%

-0.15%

Volatility (6M)

Calculated over the trailing 6-month period

5.89%

9.28%

-3.39%

Volatility (1Y)

Calculated over the trailing 1-year period

7.75%

12.06%

-4.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.19%

15.99%

-4.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.02%

15.87%

-0.85%

PRFP.L vs. G500.L - Expense Ratio Comparison

PRFP.L has a 0.50% expense ratio, which is higher than G500.L's 0.05% expense ratio.

Dividends

PRFP.L vs. G500.L - Dividend Comparison

PRFP.L's dividend yield for the trailing twelve months is around 5.58%, while G500.L has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
G500.L
Invesco S&P 500 UCITS ETF (GBP Hdg)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PRFP.L
Invesco Preferred Shares UCITS ETF		5.58%5.38%5.08%5.39%5.57%4.36%4.81%4.64%5.05%0.57%

Frequently Asked Questions

PRFP.L and G500.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, G500.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

G500.L is cheaper with a 0.05% expense ratio, compared with 0.50% for PRFP.L.

PRFP.L tracks Invesco Preferred Shares UCITS ETF, while G500.L tracks Invesco S&P 500 UCITS ETF (GBP Hdg). Their fees differ too: 0.50% for PRFP.L and 0.05% for G500.L.

Portfolio Optimizer

Find the right allocation for PRFP.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