S5EE.L vs. SPXS.L
S5EE.L (UBS S&P 500 ESG Elite UCITS ETF USD acc) and SPXS.L (Invesco S&P 500 UCITS ETF USD (Acc)) are both S&P 500 funds - S5EE.L tracks the S&P 500 Elite ESG Index USD while SPXS.L tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, S5EE.L returned 14.33%/yr vs -54.83%/yr for SPXS.L. Their correlation of 0.85 suggests significant overlap in exposure. S5EE.L charges 0.15%/yr vs 0.05%/yr for SPXS.L.
Performance
S5EE.L vs. SPXS.L - Performance Comparison
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Different Trading Currencies
S5EE.L is traded in GBp, while SPXS.L is traded in USD. To make them comparable, the SPXS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, S5EE.L achieves a 17.57% return, which is significantly higher than SPXS.L's 9.10% return.
S5EE.L
- 1D
- -0.38%
- 1M
- -3.98%
- 6M
- 14.93%
- YTD
- 17.57%
- 1Y
- 33.00%
- 3Y*
- 20.20%
- 5Y*
- 14.33%
- 10Y*
- —
SPXS.L
- 1D
- -1.15%
- 1M
- -1.82%
- 6M
- 7.38%
- YTD
- 9.10%
- 1Y
- -98.80%
- 3Y*
- -74.51%
- 5Y*
- -54.83%
- 10Y*
- -27.66%
S5EE.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
S5EE.L UBS S&P 500 ESG Elite UCITS ETF USD acc | 17.57% | 11.67% | 20.01% | 22.12% | -9.06% | -7.03% |
SPXS.L Invesco S&P 500 UCITS ETF USD (Acc) | 9.10% | -98.91% | 27.76% | 20.65% | -8.84% | 26.61% |
Correlation
The correlation between S5EE.L and SPXS.L is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2021 | 0.85 |
The correlation between S5EE.L and SPXS.L shifts across timeframes, from 0.75 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
S5EE.L vs. SPXS.L — Risk / Return Rank
S5EE.L
SPXS.L
S5EE.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS S&P 500 ESG Elite UCITS ETF USD acc (S5EE.L) and Invesco S&P 500 UCITS ETF USD (Acc) (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.
| S5EE.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.40 | ||
| Sortino ratioReturn per unit of downside risk | +4.09 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 0.51 | +0.92 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | -1.00 | +4.81 |
| Martin ratioReturn relative to average drawdown | 12.97 | -1.22 | +14.20 |
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Drawdowns
S5EE.L vs. SPXS.L - Drawdown Comparison
The maximum S5EE.L drawdown since its inception was -28.17%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for S5EE.L and SPXS.L.
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Drawdown Indicators
| S5EE.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.17% | -99.07% | +70.90% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -99.07% | +90.46% |
Max Drawdown (3Y)Largest decline over 3 years | -20.25% | -99.07% | +78.82% |
Max Drawdown (5Y)Largest decline over 5 years | -20.25% | -99.07% | +78.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.07% | — |
Current DrawdownCurrent decline from peak | -6.50% | -98.93% | +92.43% |
Average DrawdownAverage peak-to-trough decline | -8.58% | -7.36% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 80.83% | -78.29% |
Volatility
S5EE.L vs. SPXS.L - Volatility Comparison
UBS S&P 500 ESG Elite UCITS ETF USD acc (S5EE.L) has a higher volatility of 6.17% compared to Invesco S&P 500 UCITS ETF USD (Acc) (SPXS.L) at 3.15%. This indicates that S5EE.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.
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Volatility by Period
| S5EE.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.17% | 3.15% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 11.30% | 9.34% | +1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.70% | 99.46% | -85.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.13% | 46.94% | -31.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.26% | 35.32% | -16.06% |
S5EE.L vs. SPXS.L - Expense Ratio Comparison
S5EE.L has a 0.15% expense ratio, which is higher than SPXS.L's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
S5EE.L vs. SPXS.L - Dividend Comparison
Neither S5EE.L nor SPXS.L has paid dividends to shareholders.
Frequently Asked Questions
S5EE.L and SPXS.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPXS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPXS.L is cheaper with a 0.05% expense ratio, compared with 0.15% for S5EE.L.
S5EE.L tracks S&P 500 Elite ESG Index USD, while SPXS.L tracks S&P 500 Index. They also come from different issuers: UBS and Invesco. Their fees differ too: 0.15% for S5EE.L and 0.05% for SPXS.L.
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