S7XP.L vs. UB17.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) and UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L).

S7XP.L and UB17.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. S7XP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Financials NR USD. It was launched on Apr 11, 2011. UB17.L is a passively managed fund by UBS that tracks the performance of the MSCI EMU NR EUR. It was launched on Oct 2, 2009. Both S7XP.L and UB17.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.

Performance

S7XP.L vs. UB17.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) and UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L). The values are adjusted to include any dividend payments, if applicable.

S7XP.L vs. UB17.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	-5.51%	94.76%	25.39%	26.22%	6.71%	30.03%	-18.68%	10.65%	-30.92%	19.01%
UB17.L UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis	0.98%	45.25%	4.09%	19.69%	-2.09%	12.46%	-2.84%	12.93%	-14.42%	17.41%

Returns By Period

In the year-to-date period, S7XP.L achieves a -5.51% return, which is significantly lower than UB17.L's 0.98% return. Over the past 10 years, S7XP.L has outperformed UB17.L with an annualized return of 14.46%, while UB17.L has yielded a comparatively lower 10.79% annualized return.

S7XP.L

• 1D: 4.25%
• 1M: -4.56%
• YTD: -5.51%
• 6M: 6.02%
• 1Y: 40.13%
• 3Y*: 40.52%
• 5Y*: 29.01%
• 10Y*: 14.46%

UB17.L

• 1D: 1.92%
• 1M: -2.33%
• YTD: 0.98%
• 6M: 9.49%
• 1Y: 26.89%
• 3Y*: 18.96%
• 5Y*: 13.66%
• 10Y*: 10.79%

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

S7XP.L vs. UB17.L - Expense Ratio Comparison

S7XP.L has a 0.30% expense ratio, which is higher than UB17.L's 0.25% expense ratio.

S7XP.L

Invesco EURO STOXX Optimised Banks UCITS ETF

UB17.L

UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis

Return for Risk

S7XP.L vs. UB17.L — Risk / Return Rank

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

S7XP.L

S7XP.L Risk / Return Rank: 77
S7XP.L Sharpe Ratio Rank: 81
S7XP.L Sortino Ratio Rank: 78
S7XP.L Omega Ratio Rank: 72
S7XP.L Calmar Ratio Rank: 80
S7XP.L Martin Ratio Rank: 75

UB17.L

UB17.L Risk / Return Rank: 91
UB17.L Sharpe Ratio Rank: 90
UB17.L Sortino Ratio Rank: 89
UB17.L Omega Ratio Rank: 90
UB17.L Calmar Ratio Rank: 92
UB17.L Martin Ratio Rank: 93

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.

S7XP.L vs. UB17.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) and UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.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.

	S7XP.L	UB17.L	Difference
Sharpe ratio Return per unit of total volatility	1.59	2.09	-0.50
Sortino ratio Return per unit of downside risk	2.07	2.62	-0.54
Omega ratio Gain probability vs. loss probability	1.28	1.39	-0.12
Calmar ratio Return relative to maximum drawdown	2.38	3.72	-1.34
Martin ratio Return relative to average drawdown	8.46	14.82	-6.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S7XP.L vs. UB17.L - Sharpe Ratio Comparison

The current S7XP.L Sharpe Ratio is 1.59, which is comparable to the UB17.L Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of S7XP.L and UB17.L, 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

	S7XP.L	UB17.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	2.09	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.13	1.38	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.94	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.99	-0.65

Correlation

The correlation between S7XP.L and UB17.L is 0.39, 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.

Dividends

S7XP.L vs. UB17.L - Dividend Comparison

S7XP.L has not paid dividends to shareholders, while UB17.L's dividend yield for the trailing twelve months is around 3.95%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
S7XP.L Invesco EURO STOXX Optimised Banks UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UB17.L UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis	3.95%	3.37%	3.64%	3.87%	4.01%	2.74%	2.39%	4.11%	4.02%	3.42%	5.21%	4.14%

Drawdowns

S7XP.L vs. UB17.L - Drawdown Comparison

The maximum S7XP.L drawdown since its inception was -62.98%, which is greater than UB17.L's maximum drawdown of -38.67%. Use the drawdown chart below to compare losses from any high point for S7XP.L and UB17.L.

Drawdown Indicators

	S7XP.L	UB17.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.98%	-38.67%	-24.31%
Max Drawdown (1Y) Largest decline over 1 year	-17.10%	-9.72%	-7.38%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-19.05%	-15.96%
Max Drawdown (10Y) Largest decline over 10 years	-62.98%	-38.67%	-24.31%
Current Drawdown Current decline from peak	-11.08%	-4.88%	-6.20%
Average Drawdown Average peak-to-trough decline	-19.44%	-5.35%	-14.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.81%	3.15%	+1.66%

Volatility

S7XP.L vs. UB17.L - Volatility Comparison

Invesco EURO STOXX Optimised Banks UCITS ETF (S7XP.L) has a higher volatility of 9.96% compared to UBS ETF (LU) MSCI EMU Value UCITS ETF (EUR) A-dis (UB17.L) at 5.43%. This indicates that S7XP.L's price experiences larger fluctuations and is considered to be riskier than UB17.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S7XP.L	UB17.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.96%	5.43%	+4.53%
Volatility (6M) Calculated over the trailing 6-month period	17.45%	10.45%	+7.00%
Volatility (1Y) Calculated over the trailing 1-year period	25.15%	16.07%	+9.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.68%	20.42%	+5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.01%	26.84%	+1.17%