R1GR.L vs. SPXS.L
R1GR.L (iShares Russell 1000 Growth UCITS ETF) and SPXS.L (Invesco S&P 500 UCITS ETF) are both Global Equities funds - R1GR.L tracks the iShares Russell 1000 Growth UCITS ETF while SPXS.L tracks the Invesco S&P 500 UCITS ETF. Both are passively managed. Over the past 3 years, R1GR.L returned 20.56%/yr vs -74.11%/yr for SPXS.L. Their correlation of 0.93 suggests significant overlap in exposure.
Performance
R1GR.L vs. SPXS.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, R1GR.L achieves a 3.02% return, which is significantly lower than SPXS.L's 10.20% return.
R1GR.L
- 1D
- -0.21%
- 1M
- -1.39%
- 6M
- 4.77%
- YTD
- 3.02%
- 1Y
- 13.82%
- 3Y*
- 20.56%
- 5Y*
- —
- 10Y*
- —
SPXS.L
- 1D
- -0.12%
- 1M
- -0.05%
- 6M
- 9.96%
- YTD
- 10.20%
- 1Y
- -98.78%
- 3Y*
- -74.11%
- 5Y*
- -54.94%
- 10Y*
- -27.39%
R1GR.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
R1GR.L iShares Russell 1000 Growth UCITS ETF | 3.02% | 17.39% | 34.17% | 10.92% |
SPXS.L Invesco S&P 500 UCITS ETF | 10.20% | -98.82% | 25.56% | 9.85% |
Correlation
The correlation between R1GR.L and SPXS.L is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.93 |
The correlation between R1GR.L and SPXS.L has been stable across timeframes, ranging from 0.93 to 0.93 - 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
R1GR.L vs. SPXS.L — Risk / Return Rank
R1GR.L
SPXS.L
R1GR.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 Growth UCITS ETF (R1GR.L) and Invesco S&P 500 UCITS ETF (SPXS.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.
| R1GR.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.52 | +0.64 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | -1.00 | +1.93 |
| Martin ratioReturn relative to average drawdown | 2.86 | -1.23 | +4.09 |
Loading charts...
Drawdowns
R1GR.L vs. SPXS.L - Drawdown Comparison
The maximum R1GR.L drawdown since its inception was -23.18%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for R1GR.L and SPXS.L.
Loading charts...
Drawdown Indicators
| R1GR.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.18% | -99.07% | +75.89% |
Max Drawdown (1Y)Largest decline over 1 year | -15.74% | -99.07% | +83.33% |
Max Drawdown (3Y)Largest decline over 3 years | -23.18% | -99.07% | +75.89% |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.07% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.07% | — |
Current DrawdownCurrent decline from peak | -4.75% | -98.90% | +94.15% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -7.67% | +4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 80.57% | -75.41% |
Volatility
R1GR.L vs. SPXS.L - Volatility Comparison
iShares Russell 1000 Growth UCITS ETF (R1GR.L) has a higher volatility of 5.51% compared to Invesco S&P 500 UCITS ETF (SPXS.L) at 2.73%. This indicates that R1GR.L's price experiences larger fluctuations and is considered to be riskier than SPXS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| R1GR.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 2.73% | +2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.74% | 9.24% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.55% | 99.43% | -82.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 47.13% | -29.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.03% | 35.27% | -17.24% |
Dividends
R1GR.L vs. SPXS.L - Dividend Comparison
Neither R1GR.L nor SPXS.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.93, R1GR.L and SPXS.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.
R1GR.L tracks iShares Russell 1000 Growth UCITS ETF, while SPXS.L tracks Invesco S&P 500 UCITS ETF. They also come from different issuers: iShares and Invesco.
Find the right allocation for R1GR.L and SPXS.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