SCMN.SW vs. SPUS

Last updated Jul 21, 2026

SCMN.SW (Swisscom AG) is a stock, while SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) is S&P 500 fund tracking the S&P 500 Shariah Industry Exclusions Index. Over the past 5 years, SCMN.SW returned 7.06%/yr vs 12.08%/yr for SPUS. At a 0.00 correlation, their price movements are largely independent.

Performance

SCMN.SW vs. SPUS - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Swisscom AG (SCMN.SW) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SCMN.SW is traded in CHF, while SPUS is traded in USD. To make them comparable, the SPUS values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, SCMN.SW achieves a 13.72% return, which is significantly higher than SPUS's 12.99% return.

SCMN.SW

• 1D: -0.63%
• 1M: -0.32%
• 6M: 8.72%
• YTD: 13.72%
• 1Y: 17.19%
• 3Y*: 8.42%
• 5Y*: 7.06%
• 10Y*: 7.24%
• ALL TIME*: 6.90%

SPUS

• 1D: 0.21%
• 1M: -1.28%
• 6M: 10.72%
• YTD: 12.99%
• 1Y: 26.05%
• 3Y*: 18.15%
• 5Y*: 12.08%
• 10Y*: —
• ALL TIME*: 14.76%

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

SCMN.SW vs. SPUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SCMN.SW Swisscom AG	13.72%	18.97%	3.85%	3.72%	2.51%	12.71%	-3.02%	-1.27%
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF	12.99%	4.65%	36.47%	22.22%	-21.70%	39.92%	15.08%	-0.42%

Correlation

The correlation between SCMN.SW and SPUS is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (3Y) Calculated over the trailing 3-year period	-0.12
Correlation (5Y) Calculated over the trailing 5-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Dec 18, 2019	0.00

The correlation between SCMN.SW and SPUS shifts across timeframes, from -0.14 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SCMN.SW vs. SPUS — Risk / Return Rank

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

SCMN.SW

SCMN.SW Risk / Return Rank: 74
SCMN.SW Sharpe Ratio Rank: 78
SCMN.SW Sortino Ratio Rank: 76
SCMN.SW Omega Ratio Rank: 73
SCMN.SW Calmar Ratio Rank: 71
SCMN.SW Martin Ratio Rank: 74

SPUS

SPUS Risk / Return Rank: 63
SPUS Sharpe Ratio Rank: 66
SPUS Sortino Ratio Rank: 62
SPUS Omega Ratio Rank: 61
SPUS Calmar Ratio Rank: 63
SPUS Martin Ratio Rank: 65

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.

SCMN.SW vs. SPUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Swisscom AG (SCMN.SW) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.

	SCMN.SW	SPUS	Difference
Sharpe ratio: Return per unit of total volatility	1.10	1.60	-0.50
Sortino ratio: Return per unit of downside risk	1.76	2.14	-0.38
Omega ratio: Gain probability vs. loss probability	1.20	1.29	-0.08
Calmar ratio: Return relative to maximum drawdown	1.28	2.48	-1.20
Martin ratio: Return relative to average drawdown	3.67	7.92	-4.25

SCMN.SW vs. SPUS - Sharpe Ratio Comparison

The current SCMN.SW Sharpe Ratio is 1.10, which is lower than the SPUS Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of SCMN.SW and SPUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCMN.SW vs. SPUS - Drawdown Comparison

The maximum SCMN.SW drawdown since its inception was -32.34%, which is greater than SPUS's maximum drawdown of -30.75%. Use the drawdown chart below to compare losses from any high point for SCMN.SW and SPUS.

Drawdown Indicators

	SCMN.SW	SPUS	Difference
Max Drawdown Largest peak-to-trough decline	-32.34%	-30.75%	-1.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.63%	-10.57%	-3.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.63%	-28.96%	+15.33%
Max Drawdown (5Y) Largest decline over 5 years	-23.75%	-28.96%	+5.21%
Max Drawdown (10Y) Largest decline over 10 years	-23.75%	—	—
Current Drawdown Current decline from peak	-9.91%	-2.54%	-7.37%
Average Drawdown Average peak-to-trough decline	-8.49%	-6.98%	-1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.72%	3.30%	+1.42%

Volatility

SCMN.SW vs. SPUS - Volatility Comparison

Swisscom AG (SCMN.SW) has a higher volatility of 5.07% compared to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) at 4.74%. This indicates that SCMN.SW's price experiences larger fluctuations and is considered to be riskier than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCMN.SW	SPUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	4.74%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	12.35%	12.64%	-0.29%
Volatility (1Y) Calculated over the trailing 1-year period	15.87%	16.42%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.80%	20.59%	-5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	22.33%	-6.93%

Dividends

SCMN.SW vs. SPUS - Dividend Comparison

SCMN.SW's dividend yield for the trailing twelve months is around 4.13%, more than SPUS's 0.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCMN.SW Swisscom AG	4.13%	3.82%	4.36%	4.35%	4.34%	4.28%	4.61%	4.29%	4.68%	4.24%	4.82%	4.37%
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF	0.54%	0.60%	0.70%	0.87%	1.21%	1.15%	1.04%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCMN.SW and SPUS in my portfolio?

SCMN.SW and SPUS have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.