SNPG vs. USCA

Last updated Jun 24, 2026

SNPG (Xtrackers S&P 500 Growth ESG ETF) and USCA (Xtrackers MSCI USA Climate Action Equity ETF) are both exchange-traded funds - SNPG is a Large Cap Growth Equities fund tracking the S&P 500 Growth ESG Index, while USCA is a Large Cap Blend Equities fund tracking the MSCI USA Climate Action Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, SNPG returned 24.34%/yr vs 18.72%/yr for USCA. Their correlation of 0.93 suggests significant overlap in exposure. SNPG charges 0.15%/yr vs 0.07%/yr for USCA.

Performance

SNPG vs. USCA - Performance Comparison

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

Returns By Period

In the year-to-date period, SNPG achieves a 10.54% return, which is significantly higher than USCA's 3.65% return.

SNPG

• 1D: -3.01%
• 1M: 3.72%
• YTD: 10.54%
• 6M: 9.70%
• 1Y: 28.74%
• 3Y*: 24.34%
• 5Y*: —
• 10Y*: —

USCA

• 1D: -1.13%
• 1M: -1.90%
• YTD: 3.65%
• 6M: 2.68%
• 1Y: 15.74%
• 3Y*: 18.72%
• 5Y*: —
• 10Y*: —

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

SNPG vs. USCA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SNPG Xtrackers S&P 500 Growth ESG ETF	10.54%	18.22%	33.99%	19.32%
USCA Xtrackers MSCI USA Climate Action Equity ETF	3.65%	14.24%	27.24%	19.92%

Correlation

The correlation between SNPG and USCA is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Apr 4, 2023	0.93

The correlation between SNPG and USCA has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.

SNPG vs. USCA - Sectors Allocation Comparison

Sectors	SNPG	USCA
Technology	43.7%	41.9%
Healthcare	13.0%	9.0%
Communication Services	12.5%	12.2%
Financial Services	11.4%	8.9%
Industrials	10.2%	6.6%
Consumer Cyclical	5.5%	10.5%
Real Estate	1.2%	1.8%
Consumer Defensive	1.0%	4.0%
Basic Materials	1.0%	1.5%
Utilities	0.5%	1.7%
Energy	0.0%	1.9%

Return for Risk

SNPG vs. USCA — Risk / Return Rank

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

SNPG

SNPG Risk / Return Rank: 56
SNPG Sharpe Ratio Rank: 61
SNPG Sortino Ratio Rank: 60
SNPG Omega Ratio Rank: 59
SNPG Calmar Ratio Rank: 48
SNPG Martin Ratio Rank: 55

USCA

USCA Risk / Return Rank: 36
USCA Sharpe Ratio Rank: 37
USCA Sortino Ratio Rank: 35
USCA Omega Ratio Rank: 36
USCA Calmar Ratio Rank: 33
USCA Martin Ratio Rank: 40

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.

SNPG vs. USCA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Growth ESG ETF (SNPG) and Xtrackers MSCI USA Climate Action Equity ETF (USCA). 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.

	SNPG	USCA	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.25	+0.61
Sortino ratio: Return per unit of downside risk	2.61	1.76	+0.85
Omega ratio: Gain probability vs. loss probability	1.33	1.23	+0.11
Calmar ratio: Return relative to maximum drawdown	2.20	1.54	+0.66
Martin ratio: Return relative to average drawdown	9.04	5.91	+3.13

SNPG vs. USCA - Sharpe Ratio Comparison

The current SNPG Sharpe Ratio is 1.86, which is higher than the USCA Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of SNPG and USCA, 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

SNPG vs. USCA - Drawdown Comparison

The maximum SNPG drawdown since its inception was -21.69%, which is greater than USCA's maximum drawdown of -19.14%. Use the drawdown chart below to compare losses from any high point for SNPG and USCA.

Drawdown Indicators

	SNPG	USCA	Difference
Max Drawdown Largest peak-to-trough decline	-21.69%	-19.14%	-2.55%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-10.25%	-2.87%
Max Drawdown (3Y) Largest decline over 3 years	-21.69%	-19.14%	-2.55%
Current Drawdown Current decline from peak	-3.01%	-3.97%	+0.96%
Average Drawdown Average peak-to-trough decline	-2.52%	-2.17%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	2.67%	+0.52%

Volatility

SNPG vs. USCA - Volatility Comparison

Xtrackers S&P 500 Growth ESG ETF (SNPG) has a higher volatility of 7.75% compared to Xtrackers MSCI USA Climate Action Equity ETF (USCA) at 4.78%. This indicates that SNPG's price experiences larger fluctuations and is considered to be riskier than USCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNPG	USCA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	4.78%	+2.97%
Volatility (6M) Calculated over the trailing 6-month period	13.35%	9.87%	+3.48%
Volatility (1Y) Calculated over the trailing 1-year period	15.52%	12.66%	+2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	14.85%	+3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	14.85%	+3.41%

SNPG vs. USCA - Expense Ratio Comparison

SNPG has a 0.15% expense ratio, which is higher than USCA's 0.07% 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

SNPG vs. USCA - Dividend Comparison

SNPG's dividend yield for the trailing twelve months is around 0.47%, less than USCA's 1.15% yield.

Position	TTM	2025	2024	2023	2022
SNPG Xtrackers S&P 500 Growth ESG ETF	0.47%	0.49%	0.57%	0.95%	0.20%
USCA Xtrackers MSCI USA Climate Action Equity ETF	1.15%	1.14%	1.22%	1.15%	0.00%

Frequently Asked Questions

Can I hold both SNPG and USCA in my portfolio?

SNPG and USCA have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNPG or USCA?

SNPG has higher volatility (7.75%) compared to USCA (4.78%). In terms of maximum drawdown, SNPG dropped -21.69% vs USCA's -19.14%.

Which ETF is better, SNPG or USCA?

On 3-year performance, SNPG leads with 24.34% vs 18.72% for USCA. On fees, USCA is cheaper at 0.07% per year. On volatility, USCA has been the lower-risk option at 4.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPG or USCA?

Over the 3-year period, SNPG has performed better with a 24.34% return vs 18.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPG or USCA?

USCA is cheaper with a 0.07% expense ratio, compared with 0.15% for SNPG.

Which ETF pays a higher dividend yield, SNPG or USCA?

USCA has the higher dividend yield at 1.15%, compared with 0.47% for SNPG.

What is the main difference between SNPG and USCA?

SNPG is categorized as Large Cap Growth Equities, while USCA is Large Cap Blend Equities. SNPG tracks S&P 500 Growth ESG Index, while USCA tracks MSCI USA Climate Action Index - Benchmark TR Gross. Their fees differ too: 0.15% for SNPG and 0.07% for USCA.

Which has better risk-adjusted returns?

SNPG currently has the higher Sharpe Ratio (1.86 vs 1.25), 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.