SDUS.L vs. MXUD.L

Last updated Jun 26, 2026

SDUS.L (iShares MSCI USA ESG Screened UCITS ETF USD (Dist)) and MXUD.L (Invesco MSCI USA UCITS ETF Dist) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from iShares and Invesco respectively. Both are passively managed. Over the past 5 years, SDUS.L returned 12.89%/yr vs 12.49%/yr for MXUD.L. With a 0.99 correlation, they move nearly in lockstep. SDUS.L charges 0.07%/yr vs 0.05%/yr for MXUD.L.

Performance

SDUS.L vs. MXUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SDUS.L) and Invesco MSCI USA UCITS ETF Dist (MXUD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDUS.L achieves a 6.93% return, which is significantly lower than MXUD.L's 7.35% return.

SDUS.L

• 1D: -0.78%
• 1M: -1.84%
• YTD: 6.93%
• 6M: 6.61%
• 1Y: 22.28%
• 3Y*: 21.53%
• 5Y*: 12.89%
• 10Y*: —

MXUD.L

• 1D: -0.77%
• 1M: -1.78%
• YTD: 7.35%
• 6M: 7.08%
• 1Y: 21.80%
• 3Y*: 20.89%
• 5Y*: 12.49%
• 10Y*: —

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

SDUS.L vs. MXUD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SDUS.L iShares MSCI USA ESG Screened UCITS ETF USD (Dist)	6.93%	17.72%	26.98%	30.63%	-21.32%	28.21%	22.07%	5.04%
MXUD.L Invesco MSCI USA UCITS ETF Dist	7.35%	17.43%	25.46%	27.85%	-19.90%	27.77%	20.86%	4.74%

Correlation

The correlation between SDUS.L and MXUD.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Nov 11, 2019	0.99

The correlation between SDUS.L and MXUD.L has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

SDUS.L vs. MXUD.L - Sectors Allocation Comparison

Sectors	SDUS.L	MXUD.L
Industrials	18.9%	8.6%
Technology	18.8%	35.4%
Financial Services	16.9%	11.6%
Consumer Cyclical	10.1%	10.1%
Healthcare	10.0%	8.6%
Basic Materials	5.5%	1.8%
Real Estate	4.8%	1.9%
Utilities	3.9%	2.3%
Consumer Defensive	3.8%	4.8%
Communication Services	3.5%	11.3%
Energy	3.4%	3.6%

Return for Risk

SDUS.L vs. MXUD.L — Risk / Return Rank

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

SDUS.L

SDUS.L Risk / Return Rank: 58
SDUS.L Sharpe Ratio Rank: 58
SDUS.L Sortino Ratio Rank: 62
SDUS.L Omega Ratio Rank: 56
SDUS.L Calmar Ratio Rank: 54
SDUS.L Martin Ratio Rank: 59

MXUD.L

MXUD.L Risk / Return Rank: 62
MXUD.L Sharpe Ratio Rank: 61
MXUD.L Sortino Ratio Rank: 66
MXUD.L Omega Ratio Rank: 60
MXUD.L Calmar Ratio Rank: 59
MXUD.L Martin Ratio Rank: 66

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.

SDUS.L vs. MXUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SDUS.L) and Invesco MSCI USA UCITS ETF Dist (MXUD.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.

	SDUS.L	MXUD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.80	-0.07
Sortino ratio: Return per unit of downside risk	2.56	2.65	-0.09
Omega ratio: Gain probability vs. loss probability	1.31	1.32	-0.01
Calmar ratio: Return relative to maximum drawdown	2.35	2.57	-0.23
Martin ratio: Return relative to average drawdown	9.37	10.61	-1.25

SDUS.L vs. MXUD.L - Sharpe Ratio Comparison

The current SDUS.L Sharpe Ratio is 1.72, which is comparable to the MXUD.L Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of SDUS.L and MXUD.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.

Drawdowns

SDUS.L vs. MXUD.L - Drawdown Comparison

The maximum SDUS.L drawdown since its inception was -33.87%, roughly equal to the maximum MXUD.L drawdown of -34.42%. Use the drawdown chart below to compare losses from any high point for SDUS.L and MXUD.L.

Drawdown Indicators

	SDUS.L	MXUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.87%	-34.42%	+0.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.45%	-8.44%	-1.01%
Max Drawdown (3Y) Largest decline over 3 years	-20.24%	-19.43%	-0.81%
Max Drawdown (5Y) Largest decline over 5 years	-26.23%	-25.22%	-1.01%
Current Drawdown Current decline from peak	-3.52%	-3.19%	-0.33%
Average Drawdown Average peak-to-trough decline	-5.42%	-5.64%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	2.05%	+0.32%

Volatility

SDUS.L vs. MXUD.L - Volatility Comparison

iShares MSCI USA ESG Screened UCITS ETF USD (Dist) (SDUS.L) has a higher volatility of 4.44% compared to Invesco MSCI USA UCITS ETF Dist (MXUD.L) at 4.17%. This indicates that SDUS.L's price experiences larger fluctuations and is considered to be riskier than MXUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDUS.L	MXUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	4.17%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	9.30%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	12.09%	+0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.89%	16.30%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	18.29%	-0.06%

SDUS.L vs. MXUD.L - Expense Ratio Comparison

SDUS.L has a 0.07% expense ratio, which is higher than MXUD.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

SDUS.L vs. MXUD.L - Dividend Comparison

SDUS.L's dividend yield for the trailing twelve months is around 0.78%, less than MXUD.L's 1.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MXUD.L Invesco MSCI USA UCITS ETF Dist	1.10%	1.13%	1.30%	1.47%	1.66%	1.27%	1.47%	0.20%	0.00%
SDUS.L iShares MSCI USA ESG Screened UCITS ETF USD (Dist)	0.78%	0.80%	0.90%	1.06%	1.32%	0.95%	1.18%	1.40%	0.22%

Frequently Asked Questions

Can I hold both SDUS.L and MXUD.L in my portfolio?

With a correlation of 0.99, SDUS.L and MXUD.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SDUS.L or MXUD.L?

On fees, MXUD.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDUS.L or MXUD.L?

MXUD.L is cheaper with a 0.05% expense ratio, compared with 0.07% for SDUS.L.

What is the main difference between SDUS.L and MXUD.L?

Both ETFs track Russell 1000 TR USD. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.07% for SDUS.L and 0.05% for MXUD.L.