S250.L vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco FTSE 250 UCITS ETF (S250.L) and S&P 500 Index (^GSPC).

S250.L is a passively managed fund by Invesco that tracks the performance of the FTSE 250 Ex Investment Trust TR GBP. It was launched on Mar 31, 2009.

Performance

S250.L vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco FTSE 250 UCITS ETF (S250.L) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

S250.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S250.L Invesco FTSE 250 UCITS ETF	-2.91%	12.81%	7.93%	7.60%	-17.52%	16.69%	-4.90%	28.57%	-13.48%	17.36%
^GSPC S&P 500 Index	-2.36%	8.10%	25.46%	18.02%	-9.86%	28.09%	12.84%	23.98%	-0.68%	9.09%

Different Trading Currencies

S250.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, S250.L achieves a -2.91% return, which is significantly lower than ^GSPC's -2.36% return. Over the past 10 years, S250.L has underperformed ^GSPC with an annualized return of 5.24%, while ^GSPC has yielded a comparatively higher 13.04% annualized return.

S250.L

• 1D: 2.25%
• 1M: -7.06%
• YTD: -2.91%
• 6M: -0.22%
• 1Y: 14.69%
• 3Y*: 8.02%
• 5Y*: 2.84%
• 10Y*: 5.24%

^GSPC

• 1D: 0.49%
• 1M: -3.37%
• YTD: -2.36%
• 6M: -0.37%
• 1Y: 13.80%
• 3Y*: 14.19%
• 5Y*: 11.28%
• 10Y*: 13.04%

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

Return for Risk

S250.L vs. ^GSPC — Risk / Return Rank

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

S250.L

S250.L Risk / Return Rank: 52
S250.L Sharpe Ratio Rank: 58
S250.L Sortino Ratio Rank: 55
S250.L Omega Ratio Rank: 54
S250.L Calmar Ratio Rank: 44
S250.L Martin Ratio Rank: 48

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

S250.L vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE 250 UCITS ETF (S250.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.

	S250.L	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.07	0.74	+0.33
Sortino ratio Return per unit of downside risk	1.50	1.15	+0.35
Omega ratio Gain probability vs. loss probability	1.21	1.18	+0.03
Calmar ratio Return relative to maximum drawdown	1.26	1.22	+0.04
Martin ratio Return relative to average drawdown	5.07	4.79	+0.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S250.L vs. ^GSPC - Sharpe Ratio Comparison

The current S250.L Sharpe Ratio is 1.07, which is higher than the ^GSPC Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of S250.L and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	S250.L	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	0.74	+0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.71	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.72	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.55	-0.03

Correlation

The correlation between S250.L and ^GSPC is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

S250.L vs. ^GSPC - Drawdown Comparison

The maximum S250.L drawdown since its inception was -40.91%, which is greater than ^GSPC's maximum drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for S250.L and ^GSPC.

Drawdown Indicators

	S250.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-40.91%	-56.78%	+15.87%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-12.14%	+0.66%
Max Drawdown (5Y) Largest decline over 5 years	-29.69%	-25.43%	-4.26%
Max Drawdown (10Y) Largest decline over 10 years	-40.91%	-33.92%	-6.99%
Current Drawdown Current decline from peak	-8.43%	-5.78%	-2.65%
Average Drawdown Average peak-to-trough decline	-7.23%	-10.75%	+3.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	2.60%	+0.26%

Volatility

S250.L vs. ^GSPC - Volatility Comparison

Invesco FTSE 250 UCITS ETF (S250.L) has a higher volatility of 5.27% compared to S&P 500 Index (^GSPC) at 4.58%. This indicates that S250.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S250.L	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	4.58%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	8.74%	9.50%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	13.69%	18.75%	-5.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.76%	15.90%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.33%	18.17%	-1.84%