PSRW.L vs. ^GSPC
PSRW.L (Invesco FTSE RAFI All World 3000 UCITS ETF) is Global Equities fund tracking the MSCI ACWI Value NR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, PSRW.L returned 12.89%/yr vs 13.95%/yr for ^GSPC. At a 0.49 correlation, their price movements are largely independent.
Performance
PSRW.L vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
PSRW.L is traded in GBp, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, PSRW.L achieves a 15.97% return, which is significantly higher than ^GSPC's 9.90% return. Over the past 10 years, PSRW.L has underperformed ^GSPC with an annualized return of 12.89%, while ^GSPC has yielded a comparatively higher 13.95% annualized return.
PSRW.L
- 1D
- 0.05%
- 1M
- 0.96%
- YTD
- 15.97%
- 6M
- 17.00%
- 1Y
- 35.95%
- 3Y*
- 19.74%
- 5Y*
- 13.53%
- 10Y*
- 12.89%
^GSPC
- 1D
- 0.00%
- 1M
- -0.14%
- YTD
- 9.90%
- 6M
- 8.80%
- 1Y
- 25.21%
- 3Y*
- 17.92%
- 5Y*
- 12.60%
- 10Y*
- 13.95%
PSRW.L vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSRW.L Invesco FTSE RAFI All World 3000 UCITS ETF | 15.97% | 19.97% | 12.95% | 10.09% | 2.42% | 22.39% | 2.67% | 17.83% | -7.86% | 9.35% |
^GSPC S&P 500 Index | 9.90% | 8.10% | 25.46% | 18.02% | -9.86% | 28.09% | 12.84% | 23.98% | -0.68% | 9.09% |
Correlation
The correlation between PSRW.L and ^GSPC is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.49 |
The correlation between PSRW.L and ^GSPC has been stable across timeframes, ranging from 0.43 to 0.52 - a consistent structural relationship.
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
PSRW.L vs. ^GSPC — Risk / Return Rank
PSRW.L
^GSPC
PSRW.L vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.L) and S&P 500 Index (^GSPC). 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.
| PSRW.L | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.39 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 5.43 | 3.15 | +2.27 |
| Martin ratioReturn relative to average drawdown | 20.68 | 11.56 | +9.12 |
Loading charts...
Drawdowns
PSRW.L vs. ^GSPC - Drawdown Comparison
The maximum PSRW.L drawdown since its inception was -78.62%, which is greater than ^GSPC's maximum drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for PSRW.L and ^GSPC.
Loading charts...
Drawdown Indicators
| PSRW.L | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.62% | -37.07% | -41.55% |
Max Drawdown (1Y)Largest decline over 1 year | -6.59% | -8.03% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -14.23% | -22.15% | +7.92% |
Max Drawdown (5Y)Largest decline over 5 years | -14.23% | -22.15% | +7.92% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | -26.01% | -3.04% |
Current DrawdownCurrent decline from peak | -0.84% | -1.66% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -27.66% | -5.29% | -22.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 2.19% | -0.46% |
Volatility
PSRW.L vs. ^GSPC - Volatility Comparison
The current volatility for Invesco FTSE RAFI All World 3000 UCITS ETF (PSRW.L) is 3.54%, while S&P 500 Index (^GSPC) has a volatility of 4.32%. This indicates that PSRW.L experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSRW.L | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 4.32% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 7.72% | 8.96% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.93% | 12.03% | -2.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.23% | 15.96% | -3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.38% | 18.09% | -3.71% |
Frequently Asked Questions
PSRW.L and ^GSPC have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for PSRW.L and ^GSPC
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