RS2G.L vs. RTYS.L

Last updated Jun 5, 2026

RS2G.L (Amundi Russell 2000 UCITS ETF USD) and RTYS.L (Invesco Russell 2000 UCITS ETF) are both Small Cap Blend Equities funds tracking the Russell 2000 TR USD, from Amundi and Invesco respectively. Both are passively managed. Over the past 10 years, RS2G.L returned 11.51%/yr vs 11.48%/yr for RTYS.L. Their correlation of 0.95 suggests significant overlap in exposure. RS2G.L charges 0.35%/yr vs 0.25%/yr for RTYS.L.

Performance

RS2G.L vs. RTYS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Russell 2000 UCITS ETF USD (RS2G.L) and Invesco Russell 2000 UCITS ETF (RTYS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

RS2G.L is traded in GBp, while RTYS.L is traded in USD. To make them comparable, the RTYS.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with RS2G.L having a 18.06% return and RTYS.L slightly higher at 18.32%. Both investments have delivered pretty close results over the past 10 years, with RS2G.L having a 11.51% annualized return and RTYS.L not far behind at 11.48%.

RS2G.L

• 1D: 1.24%
• 1M: 4.44%
• YTD: 18.06%
• 6M: 15.88%
• 1Y: 42.31%
• 3Y*: 15.57%
• 5Y*: 7.25%
• 10Y*: 11.51%

RTYS.L

• 1D: 1.12%
• 1M: 4.38%
• YTD: 18.32%
• 6M: 15.75%
• 1Y: 42.51%
• 3Y*: 15.73%
• 5Y*: 7.34%
• 10Y*: 11.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RS2G.L vs. RTYS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RS2G.L Amundi Russell 2000 UCITS ETF USD	18.06%	4.55%	11.87%	12.47%	-11.37%	15.31%	15.83%	21.59%	-7.91%	4.60%
RTYS.L Invesco Russell 2000 UCITS ETF	18.28%	4.49%	12.01%	12.96%	-11.62%	15.05%	16.37%	19.87%	-7.35%	4.90%

Correlation

The correlation between RS2G.L and RTYS.L is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016	0.95

The correlation between RS2G.L and RTYS.L has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

RS2G.L vs. RTYS.L - Sectors Allocation Comparison

Sectors	RS2G.L	RTYS.L
Industrials	17.7%	17.7%
Technology	17.0%	17.0%
Healthcare	16.5%	16.5%
Financial Services	15.8%	15.8%
Consumer Cyclical	8.4%	8.4%
Real Estate	6.1%	6.1%
Energy	6.1%	6.1%
Basic Materials	4.8%	4.8%
Utilities	2.9%	2.9%
Communication Services	2.4%	2.4%
Consumer Defensive	2.4%	2.4%

Return for Risk

RS2G.L vs. RTYS.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RS2G.L

RS2G.L Risk / Return Rank: 77
RS2G.L Sharpe Ratio Rank: 78
RS2G.L Sortino Ratio Rank: 77
RS2G.L Omega Ratio Rank: 70
RS2G.L Calmar Ratio Rank: 86
RS2G.L Martin Ratio Rank: 76

RTYS.L

RTYS.L Risk / Return Rank: 69
RTYS.L Sharpe Ratio Rank: 67
RTYS.L Sortino Ratio Rank: 69
RTYS.L Omega Ratio Rank: 62
RTYS.L Calmar Ratio Rank: 77
RTYS.L Martin Ratio Rank: 69

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.

RS2G.L vs. RTYS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Russell 2000 UCITS ETF USD (RS2G.L) and Invesco Russell 2000 UCITS ETF (RTYS.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.

	RS2G.L	RTYS.L	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.32	+0.17
Sortino ratio: Return per unit of downside risk	3.37	3.11	+0.27
Omega ratio: Gain probability vs. loss probability	1.41	1.39	+0.02
Calmar ratio: Return relative to maximum drawdown	4.84	4.75	+0.10
Martin ratio: Return relative to average drawdown	14.20	14.08	+0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RS2G.L vs. RTYS.L - Sharpe Ratio Comparison

The current RS2G.L Sharpe Ratio is 2.50, which is comparable to the RTYS.L Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of RS2G.L and RTYS.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.

Sharpe Ratios by Period

	RS2G.L	RTYS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	2.32	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.35	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.53	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.63	-0.03

Drawdowns

RS2G.L vs. RTYS.L - Drawdown Comparison

The maximum RS2G.L drawdown since its inception was -35.05%, roughly equal to the maximum RTYS.L drawdown of -35.47%. Use the drawdown chart below to compare losses from any high point for RS2G.L and RTYS.L.

Drawdown Indicators

	RS2G.L	RTYS.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.05%	-35.47%	+0.42%
Max Drawdown (1Y) Largest decline over 1 year	-8.69%	-8.92%	+0.23%
Max Drawdown (3Y) Largest decline over 3 years	-30.04%	-30.13%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-30.04%	-30.13%	+0.09%
Max Drawdown (10Y) Largest decline over 10 years	-35.05%	-35.47%	+0.42%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.55%	-8.04%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	3.01%	-0.04%

Volatility

RS2G.L vs. RTYS.L - Volatility Comparison

The current volatility for Amundi Russell 2000 UCITS ETF USD (RS2G.L) is 5.30%, while Invesco Russell 2000 UCITS ETF (RTYS.L) has a volatility of 6.05%. This indicates that RS2G.L experiences smaller price fluctuations and is considered to be less risky than RTYS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RS2G.L	RTYS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	6.05%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	11.90%	13.15%	-1.25%
Volatility (1Y) Calculated over the trailing 1-year period	16.87%	18.21%	-1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.07%	21.20%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.93%	21.72%	-0.79%

RS2G.L vs. RTYS.L - Expense Ratio Comparison

RS2G.L has a 0.35% expense ratio, which is higher than RTYS.L's 0.25% expense ratio.

Dividends

RS2G.L vs. RTYS.L - Dividend Comparison

Neither RS2G.L nor RTYS.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RS2G.L and RTYS.L in my portfolio?

With a correlation of 0.97, RS2G.L and RTYS.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.

Which ETF is better, RS2G.L or RTYS.L?

On fees, RTYS.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RS2G.L or RTYS.L?

RTYS.L is cheaper with a 0.25% expense ratio, compared with 0.35% for RS2G.L.

What is the main difference between RS2G.L and RTYS.L?

Both ETFs track Russell 2000 TR USD. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.35% for RS2G.L and 0.25% for RTYS.L.