SP2Q.DE vs. IU5C.DE
SP2Q.DE (Invesco S&P 500 Equal Weight UCITS ETF Acc) and IU5C.DE (iShares S&P 500 Communication Sector UCITS ETF USD (Acc)) are both exchange-traded funds - SP2Q.DE is a S&P 500 fund tracking the S&P 500® Equal Weight, while IU5C.DE is a Communications Equities fund tracking the S&P 500 Capped 35/20 Communication Services. Both are passively managed. Over the past 5 years, SP2Q.DE returned 9.58%/yr vs 10.47%/yr for IU5C.DE. A 0.57 correlation means they provide meaningful diversification when combined. SP2Q.DE charges 0.20%/yr vs 0.15%/yr for IU5C.DE.
Performance
SP2Q.DE vs. IU5C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SP2Q.DE achieves a 13.83% return, which is significantly higher than IU5C.DE's -1.92% return.
SP2Q.DE
- 1D
- 0.00%
- 1M
- 4.57%
- YTD
- 13.83%
- 6M
- 14.48%
- 1Y
- 22.64%
- 3Y*
- 13.34%
- 5Y*
- 9.58%
- 10Y*
- —
IU5C.DE
- 1D
- -1.67%
- 1M
- -7.46%
- YTD
- -1.92%
- 6M
- -1.51%
- 1Y
- 11.98%
- 3Y*
- 22.62%
- 5Y*
- 10.47%
- 10Y*
- —
SP2Q.DE vs. IU5C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SP2Q.DE Invesco S&P 500 Equal Weight UCITS ETF Acc | 13.83% | -0.55% | 18.83% | 9.91% | -6.71% | 31.96% |
IU5C.DE iShares S&P 500 Communication Sector UCITS ETF USD (Acc) | -1.92% | 12.24% | 46.78% | 50.62% | -37.06% | 12.26% |
Correlation
The correlation between SP2Q.DE and IU5C.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2021 | 0.57 |
Over the past year, the correlation between SP2Q.DE and IU5C.DE has dropped to 0.35 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
SP2Q.DE vs. IU5C.DE — Risk / Return Rank
SP2Q.DE
IU5C.DE
SP2Q.DE vs. IU5C.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 iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.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.
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.
| SP2Q.DE | IU5C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.14 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 1.35 | +3.10 |
| Martin ratioReturn relative to average drawdown | 13.61 | 4.23 | +9.38 |
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Drawdowns
SP2Q.DE vs. IU5C.DE - Drawdown Comparison
The maximum SP2Q.DE drawdown since its inception was -22.73%, smaller than the maximum IU5C.DE drawdown of -39.29%. Use the drawdown chart below to compare losses from any high point for SP2Q.DE and IU5C.DE.
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Drawdown Indicators
| SP2Q.DE | IU5C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.73% | -39.29% | +16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -5.11% | -8.82% | +3.71% |
Max Drawdown (3Y)Largest decline over 3 years | -22.73% | -23.62% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -22.73% | -39.29% | +16.56% |
Current DrawdownCurrent decline from peak | 0.00% | -8.82% | +8.82% |
Average DrawdownAverage peak-to-trough decline | -5.16% | -9.64% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 2.82% | -1.15% |
Volatility
SP2Q.DE vs. IU5C.DE - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) is 2.23%, while iShares S&P 500 Communication Sector UCITS ETF USD (Acc) (IU5C.DE) has a volatility of 5.45%. This indicates that SP2Q.DE experiences smaller price fluctuations and is considered to be less risky than IU5C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SP2Q.DE | IU5C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 5.45% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 7.12% | 10.42% | -3.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.86% | 14.43% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.95% | 19.47% | -4.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.41% | 20.54% | -5.13% |
SP2Q.DE vs. IU5C.DE - Expense Ratio Comparison
SP2Q.DE has a 0.20% expense ratio, which is higher than IU5C.DE's 0.15% 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. IU5C.DE - Dividend Comparison
Neither SP2Q.DE nor IU5C.DE has paid dividends to shareholders.
Frequently Asked Questions
SP2Q.DE and IU5C.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IU5C.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IU5C.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for SP2Q.DE.
SP2Q.DE is categorized as S&P 500, while IU5C.DE is Communications Equities. SP2Q.DE tracks S&P 500® Equal Weight, while IU5C.DE tracks S&P 500 Capped 35/20 Communication Services. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for SP2Q.DE and 0.15% for IU5C.DE.
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