SNPE vs. USSG

Last updated Jun 4, 2026

SNPE (Xtrackers S&P 500 ESG ETF) and USSG (Xtrackers MSCI USA ESG Leaders Equity ETF) are both exchange-traded funds - SNPE is a S&P 500 fund tracking the S&P 500 ESG Index, while USSG is a Large Cap Growth Equities fund tracking the MSCI USA ESG Leaders. Both are passively managed. Over the past 5 years, SNPE returned 14.46%/yr vs 13.79%/yr for USSG. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.10% expense ratio.

Performance

SNPE vs. USSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 ESG ETF (SNPE) and Xtrackers MSCI USA ESG Leaders Equity ETF (USSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SNPE having a 9.73% return and USSG slightly lower at 9.51%.

SNPE

• 1D: -0.74%
• 1M: 4.56%
• YTD: 9.73%
• 6M: 10.34%
• 1Y: 30.35%
• 3Y*: 21.76%
• 5Y*: 14.46%
• 10Y*: —

USSG

• 1D: -0.80%
• 1M: 4.67%
• YTD: 9.51%
• 6M: 10.19%
• 1Y: 27.90%
• 3Y*: 22.38%
• 5Y*: 13.79%
• 10Y*: —

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

SNPE vs. USSG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SNPE Xtrackers S&P 500 ESG ETF	9.73%	18.56%	23.85%	27.79%	-17.67%	31.43%	19.84%	12.92%
USSG Xtrackers MSCI USA ESG Leaders Equity ETF	9.51%	18.97%	23.45%	29.17%	-20.33%	31.83%	18.71%	12.23%

Correlation

The correlation between SNPE and USSG is 0.95 - 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 27, 2019	0.97

The correlation between SNPE and USSG has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

SNPE vs. USSG - Sectors Allocation Comparison

Sectors	SNPE	USSG
Technology	38.6%	36.9%
Communication Services	14.5%	14.5%
Financial Services	12.1%	10.6%
Healthcare	9.3%	9.6%
Industrials	6.9%	8.1%
Consumer Defensive	5.1%	4.2%
Consumer Cyclical	4.6%	8.6%
Energy	4.2%	2.1%
Real Estate	2.2%	2.2%
Basic Materials	1.9%	2.1%
Utilities	0.8%	1.1%

Return for Risk

SNPE vs. USSG — Risk / Return Rank

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

SNPE

SNPE Risk / Return Rank: 74
SNPE Sharpe Ratio Rank: 77
SNPE Sortino Ratio Rank: 78
SNPE Omega Ratio Rank: 75
SNPE Calmar Ratio Rank: 64
SNPE Martin Ratio Rank: 77

USSG

USSG Risk / Return Rank: 60
USSG Sharpe Ratio Rank: 64
USSG Sortino Ratio Rank: 64
USSG Omega Ratio Rank: 61
USSG Calmar Ratio Rank: 50
USSG Martin Ratio Rank: 60

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.

SNPE vs. USSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG ETF (SNPE) and Xtrackers MSCI USA ESG Leaders Equity ETF (USSG). 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.

	SNPE	USSG	Difference
Sharpe ratio Return per unit of total volatility	2.54	2.14	+0.40
Sortino ratio Return per unit of downside risk	3.54	3.00	+0.54
Omega ratio Gain probability vs. loss probability	1.46	1.38	+0.08
Calmar ratio Return relative to maximum drawdown	3.22	2.50	+0.72
Martin ratio Return relative to average drawdown	14.89	10.72	+4.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNPE vs. USSG - Sharpe Ratio Comparison

The current SNPE Sharpe Ratio is 2.54, which is comparable to the USSG Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SNPE and USSG, 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

	SNPE	USSG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	2.14	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.79	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.84	+0.04

Drawdowns

SNPE vs. USSG - Drawdown Comparison

The maximum SNPE drawdown since its inception was -33.37%, roughly equal to the maximum USSG drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for SNPE and USSG.

Drawdown Indicators

	SNPE	USSG	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-34.10%	+0.73%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-11.20%	+1.74%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	-20.00%	+0.85%
Max Drawdown (5Y) Largest decline over 5 years	-24.65%	-27.00%	+2.35%
Current Drawdown Current decline from peak	-1.17%	-1.21%	+0.04%
Average Drawdown Average peak-to-trough decline	-4.96%	-5.60%	+0.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	2.61%	-0.57%

Volatility

SNPE vs. USSG - Volatility Comparison

The current volatility for Xtrackers S&P 500 ESG ETF (SNPE) is 3.30%, while Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) has a volatility of 3.77%. This indicates that SNPE experiences smaller price fluctuations and is considered to be less risky than USSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPE	USSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	3.77%	-0.47%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	10.04%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	12.03%	13.12%	-1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.10%	17.59%	-0.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	20.16%	-0.49%

SNPE vs. USSG - Expense Ratio Comparison

Both SNPE and USSG have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SNPE vs. USSG - Dividend Comparison

SNPE's dividend yield for the trailing twelve months is around 0.91%, less than USSG's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SNPE Xtrackers S&P 500 ESG ETF	0.91%	1.01%	1.17%	1.32%	1.65%	1.08%	1.42%	1.20%
USSG Xtrackers MSCI USA ESG Leaders Equity ETF	0.95%	1.02%	1.13%	1.60%	1.52%	1.13%	1.42%	1.21%

Frequently Asked Questions

Can I hold both SNPE and USSG in my portfolio?

With a correlation of 0.95, SNPE and USSG 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 is riskier, SNPE or USSG?

USSG has higher volatility (3.77%) compared to SNPE (3.30%). In terms of maximum drawdown, SNPE dropped -33.37% vs USSG's -34.10%.

Which ETF is better, SNPE or USSG?

On 5-year performance, SNPE leads with 14.46% vs 13.79% for USSG. Both ETFs have the same 0.10% expense ratio. On volatility, SNPE has been the lower-risk option at 3.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPE or USSG?

Over the 5-year period, SNPE has performed better with a 14.46% return vs 13.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPE or USSG?

SNPE and USSG have the same expense ratio: 0.10% per year.

Which ETF pays a higher dividend yield, SNPE or USSG?

USSG has the higher dividend yield at 0.95%, compared with 0.91% for SNPE.

What is the main difference between SNPE and USSG?

SNPE is categorized as S&P 500, while USSG is Large Cap Growth Equities. SNPE tracks S&P 500 ESG Index, while USSG tracks MSCI USA ESG Leaders.

Which has better risk-adjusted returns?

SNPE currently has the higher Sharpe Ratio (2.54 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.