SP2Q.DE vs. 4UBQ.DE
SP2Q.DE (Invesco S&P 500 Equal Weight UCITS ETF Acc) and 4UBQ.DE (UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc) are both S&P 500 funds - SP2Q.DE tracks the S&P 500® Equal Weight while 4UBQ.DE tracks the S&P 500 ESG. Both are passively managed. Over the past 5 years, SP2Q.DE returned 9.25%/yr vs 15.51%/yr for 4UBQ.DE. Their correlation of 0.82 suggests significant overlap in exposure. SP2Q.DE charges 0.20%/yr vs 0.10%/yr for 4UBQ.DE.
Performance
SP2Q.DE vs. 4UBQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SP2Q.DE achieves a 10.37% return, which is significantly lower than 4UBQ.DE's 11.15% return.
SP2Q.DE
- 1D
- 0.28%
- 1M
- 4.59%
- YTD
- 10.37%
- 6M
- 10.95%
- 1Y
- 17.59%
- 3Y*
- 12.12%
- 5Y*
- 9.25%
- 10Y*
- —
4UBQ.DE
- 1D
- 0.58%
- 1M
- 5.42%
- YTD
- 11.15%
- 6M
- 11.64%
- 1Y
- 28.57%
- 3Y*
- 18.50%
- 5Y*
- 15.51%
- 10Y*
- —
SP2Q.DE vs. 4UBQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SP2Q.DE Invesco S&P 500 Equal Weight UCITS ETF Acc | 10.37% | -0.55% | 18.83% | 9.91% | -6.71% | 31.98% |
4UBQ.DE UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc | 11.15% | 5.39% | 31.02% | 24.03% | -13.92% | 26.24% |
Correlation
The correlation between SP2Q.DE and 4UBQ.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2021 | 0.82 |
The correlation between SP2Q.DE and 4UBQ.DE shifts across timeframes, from 0.68 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SP2Q.DE vs. 4UBQ.DE — Risk / Return Rank
SP2Q.DE
4UBQ.DE
SP2Q.DE vs. 4UBQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) and UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc (4UBQ.DE). 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.
| SP2Q.DE | 4UBQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.46 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 4.10 | -0.68 |
| Martin ratioReturn relative to average drawdown | 10.24 | 15.73 | -5.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SP2Q.DE | 4UBQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 2.47 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 1.00 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 1.11 | -0.36 |
Drawdowns
SP2Q.DE vs. 4UBQ.DE - Drawdown Comparison
The maximum SP2Q.DE drawdown since its inception was -22.73%, roughly equal to the maximum 4UBQ.DE drawdown of -23.35%. Use the drawdown chart below to compare losses from any high point for SP2Q.DE and 4UBQ.DE.
Loading charts...
Drawdown Indicators
| SP2Q.DE | 4UBQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.73% | -23.35% | +0.62% |
Max Drawdown (1Y)Largest decline over 1 year | -5.11% | -6.93% | +1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -22.73% | -23.35% | +0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -22.73% | -23.35% | +0.62% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -4.02% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 1.81% | -0.10% |
Volatility
SP2Q.DE vs. 4UBQ.DE - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) is 2.04%, while UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc (4UBQ.DE) has a volatility of 2.81%. This indicates that SP2Q.DE experiences smaller price fluctuations and is considered to be less risky than 4UBQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SP2Q.DE | 4UBQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.04% | 2.81% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 6.81% | 7.61% | -0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.66% | 11.53% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 15.27% | -0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.44% | 15.39% | +0.05% |
SP2Q.DE vs. 4UBQ.DE - Expense Ratio Comparison
SP2Q.DE has a 0.20% expense ratio, which is higher than 4UBQ.DE's 0.10% 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
SP2Q.DE vs. 4UBQ.DE - Dividend Comparison
Neither SP2Q.DE nor 4UBQ.DE has paid dividends to shareholders.
Frequently Asked Questions
SP2Q.DE and 4UBQ.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4UBQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4UBQ.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for SP2Q.DE.
SP2Q.DE tracks S&P 500® Equal Weight, while 4UBQ.DE tracks S&P 500 ESG. They also come from different issuers: Invesco and UBS. Their fees differ too: 0.20% for SP2Q.DE and 0.10% for 4UBQ.DE.
Find the right allocation for SP2Q.DE and 4UBQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer