SBUY.L vs. FCSG.L

Last updated Jun 5, 2026

SBUY.L (Invesco Global Buyback Achievers UCITS ETF) and FCSG.L (First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation) are both Global Equities funds tracking the MSCI ACWI NR USD, from Invesco and First Trust respectively. Both are passively managed. Over the past 5 years, SBUY.L returned 10.96%/yr vs 5.92%/yr for FCSG.L. A 0.66 correlation means they provide meaningful diversification when combined. SBUY.L charges 0.39%/yr vs 0.75%/yr for FCSG.L.

Performance

SBUY.L vs. FCSG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco Global Buyback Achievers UCITS ETF (SBUY.L) and First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation (FCSG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBUY.L achieves a 6.48% return, which is significantly higher than FCSG.L's -1.69% return.

SBUY.L

• 1D: 0.89%
• 1M: 1.68%
• YTD: 6.48%
• 6M: 8.35%
• 1Y: 25.27%
• 3Y*: 18.63%
• 5Y*: 10.96%
• 10Y*: 13.06%

FCSG.L

• 1D: 0.72%
• 1M: 1.84%
• YTD: -1.69%
• 6M: -1.06%
• 1Y: -0.11%
• 3Y*: 6.29%
• 5Y*: 5.92%
• 10Y*: —

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

SBUY.L vs. FCSG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SBUY.L Invesco Global Buyback Achievers UCITS ETF	6.48%	21.60%	14.64%	9.46%	-0.90%	11.19%
FCSG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation	-1.69%	3.93%	11.42%	6.17%	-3.68%	23.55%

Correlation

The correlation between SBUY.L and FCSG.L is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021	0.66

The correlation between SBUY.L and FCSG.L shifts across timeframes, from 0.51 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.

SBUY.L vs. FCSG.L - Sectors Allocation Comparison

Sectors	SBUY.L	FCSG.L
Financial Services	32.9%	29.4%
Energy	17.1%	-
Consumer Cyclical	15.8%	4.0%
Industrials	11.0%	17.7%
Technology	7.6%	14.0%
Healthcare	5.5%	5.7%
Communication Services	4.1%	3.8%
Utilities	2.2%	-
Consumer Defensive	1.9%	20.9%
Basic Materials	1.4%	4.6%
Real Estate	0.5%	-

Return for Risk

SBUY.L vs. FCSG.L — Risk / Return Rank

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

SBUY.L

SBUY.L Risk / Return Rank: 82
SBUY.L Sharpe Ratio Rank: 80
SBUY.L Sortino Ratio Rank: 80
SBUY.L Omega Ratio Rank: 78
SBUY.L Calmar Ratio Rank: 89
SBUY.L Martin Ratio Rank: 84

FCSG.L

FCSG.L Risk / Return Rank: 9
FCSG.L Sharpe Ratio Rank: 9
FCSG.L Sortino Ratio Rank: 8
FCSG.L Omega Ratio Rank: 8
FCSG.L Calmar Ratio Rank: 9
FCSG.L Martin Ratio Rank: 9

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.

SBUY.L vs. FCSG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Buyback Achievers UCITS ETF (SBUY.L) and First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation (FCSG.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.

	SBUY.L	FCSG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.57	-0.01	+2.58
Sortino ratio: Return per unit of downside risk	3.53	0.04	+3.49
Omega ratio: Gain probability vs. loss probability	1.46	1.01	+0.45
Calmar ratio: Return relative to maximum drawdown	5.25	-0.01	+5.27
Martin ratio: Return relative to average drawdown	16.93	-0.04	+16.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SBUY.L vs. FCSG.L - Sharpe Ratio Comparison

The current SBUY.L Sharpe Ratio is 2.57, which is higher than the FCSG.L Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of SBUY.L and FCSG.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

	SBUY.L	FCSG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	-0.01	+2.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.55	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.67	+0.17

Drawdowns

SBUY.L vs. FCSG.L - Drawdown Comparison

The maximum SBUY.L drawdown since its inception was -30.91%, which is greater than FCSG.L's maximum drawdown of -11.39%. Use the drawdown chart below to compare losses from any high point for SBUY.L and FCSG.L.

Drawdown Indicators

	SBUY.L	FCSG.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.91%	-11.39%	-19.52%
Max Drawdown (1Y) Largest decline over 1 year	-4.79%	-7.80%	+3.01%
Max Drawdown (3Y) Largest decline over 3 years	-17.76%	-9.70%	-8.06%
Max Drawdown (5Y) Largest decline over 5 years	-17.76%	-11.39%	-6.37%
Max Drawdown (10Y) Largest decline over 10 years	-30.91%	—	—
Current Drawdown Current decline from peak	0.00%	-4.95%	+4.95%
Average Drawdown Average peak-to-trough decline	-3.99%	-2.65%	-1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	3.12%	-1.63%

Volatility

SBUY.L vs. FCSG.L - Volatility Comparison

The current volatility for Invesco Global Buyback Achievers UCITS ETF (SBUY.L) is 2.32%, while First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation (FCSG.L) has a volatility of 2.83%. This indicates that SBUY.L experiences smaller price fluctuations and is considered to be less risky than FCSG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBUY.L	FCSG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.32%	2.83%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	7.04%	6.95%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	9.81%	8.82%	+0.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	10.70%	+3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.51%	10.67%	+4.84%

SBUY.L vs. FCSG.L - Expense Ratio Comparison

SBUY.L has a 0.39% expense ratio, which is lower than FCSG.L's 0.75% expense ratio.

Dividends

SBUY.L vs. FCSG.L - Dividend Comparison

SBUY.L's dividend yield for the trailing twelve months is around 1.69%, while FCSG.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCSG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A Accumulation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SBUY.L Invesco Global Buyback Achievers UCITS ETF	1.69%	1.86%	1.80%	1.73%	1.91%	1.20%	1.62%	1.90%	1.31%	1.22%	1.60%	1.27%

Frequently Asked Questions

Can I hold both SBUY.L and FCSG.L in my portfolio?

SBUY.L and FCSG.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBUY.L or FCSG.L?

On fees, SBUY.L is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SBUY.L or FCSG.L?

SBUY.L is cheaper with a 0.39% expense ratio, compared with 0.75% for FCSG.L.

What is the main difference between SBUY.L and FCSG.L?

Both ETFs track MSCI ACWI NR USD. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.39% for SBUY.L and 0.75% for FCSG.L.