S600.L vs. SX5S.L
Compare and contrast key facts about Invesco STOXX Europe 600 UCITS ETF (S600.L) and Invesco EURO STOXX 50 UCITS ETF (SX5S.L).
S600.L and SX5S.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. S600.L is a passively managed fund by Invesco that tracks the performance of the MSCI Europe NR EUR. It was launched on Apr 1, 2009. SX5S.L is a passively managed fund by Invesco that tracks the performance of the MSCI EMU NR EUR. It was launched on Mar 19, 2009. Both S600.L and SX5S.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: S600.L or SX5S.L.
Key characteristics
| S600.L | SX5S.L | |
|---|---|---|
| YTD Return | 4.33% | 4.76% |
| 1Y Return | 12.33% | 12.52% |
| 3Y Return (Ann) | 3.41% | 5.44% |
| 5Y Return (Ann) | 6.63% | 7.61% |
| 10Y Return (Ann) | 7.54% | 8.17% |
| Sharpe Ratio | 1.16 | 0.91 |
| Sortino Ratio | 1.68 | 1.34 |
| Omega Ratio | 1.20 | 1.16 |
| Calmar Ratio | 1.78 | 1.20 |
| Martin Ratio | 5.09 | 3.08 |
| Ulcer Index | 2.32% | 3.86% |
| Daily Std Dev | 10.18% | 12.97% |
| Max Drawdown | -30.21% | -32.54% |
| Current Drawdown | -5.03% | -7.57% |
Correlation
The correlation between S600.L and SX5S.L is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
S600.L vs. SX5S.L - Performance Comparison
In the year-to-date period, S600.L achieves a 4.33% return, which is significantly lower than SX5S.L's 4.76% return. Over the past 10 years, S600.L has underperformed SX5S.L with an annualized return of 7.54%, while SX5S.L has yielded a comparatively higher 8.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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S600.L vs. SX5S.L - Expense Ratio Comparison
S600.L has a 0.19% expense ratio, which is higher than SX5S.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%.
Risk-Adjusted Performance
S600.L vs. SX5S.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco STOXX Europe 600 UCITS ETF (S600.L) and Invesco EURO STOXX 50 UCITS ETF (SX5S.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.
Dividends
S600.L vs. SX5S.L - Dividend Comparison
Neither S600.L nor SX5S.L has paid dividends to shareholders.
Drawdowns
S600.L vs. SX5S.L - Drawdown Comparison
The maximum S600.L drawdown since its inception was -30.21%, smaller than the maximum SX5S.L drawdown of -32.54%. Use the drawdown chart below to compare losses from any high point for S600.L and SX5S.L. For additional features, visit the drawdowns tool.
Volatility
S600.L vs. SX5S.L - Volatility Comparison
The current volatility for Invesco STOXX Europe 600 UCITS ETF (S600.L) is 4.25%, while Invesco EURO STOXX 50 UCITS ETF (SX5S.L) has a volatility of 5.51%. This indicates that S600.L experiences smaller price fluctuations and is considered to be less risky than SX5S.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.