SP5L.L vs. SPXS.L
SP5L.L (Lyxor S&P 500 UCITS ETF - Acc) and SPXS.L (Invesco S&P 500 UCITS ETF USD (Acc)) are both S&P 500 funds tracking the S&P 500 Index, from Amundi and Invesco respectively. Both are passively managed. Over the past 10 years, SP5L.L returned 12.71%/yr vs -27.66%/yr for SPXS.L. A 0.77 correlation means they provide meaningful diversification when combined. SP5L.L charges 0.07%/yr vs 0.05%/yr for SPXS.L.
Performance
SP5L.L vs. SPXS.L - Performance Comparison
Loading charts...
Different Trading Currencies
SP5L.L is traded in GBP, while SPXS.L is traded in USD. To make them comparable, the SPXS.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with SP5L.L having a 9.18% return and SPXS.L slightly lower at 9.10%. Over the past 10 years, SP5L.L has outperformed SPXS.L with an annualized return of 12.71%, while SPXS.L has yielded a comparatively lower -27.66% annualized return.
SP5L.L
- 1D
- -0.91%
- 1M
- -0.83%
- 6M
- 7.64%
- YTD
- 9.18%
- 1Y
- 19.87%
- 3Y*
- 18.45%
- 5Y*
- 13.52%
- 10Y*
- 12.71%
SPXS.L
- 1D
- -1.15%
- 1M
- -1.82%
- 6M
- 7.38%
- YTD
- 9.10%
- 1Y
- -98.80%
- 3Y*
- -74.51%
- 5Y*
- -54.83%
- 10Y*
- -27.66%
SP5L.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SP5L.L Lyxor S&P 500 UCITS ETF - Acc | 9.18% | 9.50% | 27.60% | 19.99% | -8.84% | 31.19% | 13.92% | 26.93% | 1.00% | -5.12% |
SPXS.L Invesco S&P 500 UCITS ETF USD (Acc) | 9.10% | -98.91% | 27.76% | 20.65% | -8.84% | 30.87% | 14.43% | 25.88% | 0.43% | 11.11% |
Correlation
The correlation between SP5L.L and SPXS.L is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2014 | 0.77 |
The correlation between SP5L.L and SPXS.L shifts across timeframes, from 0.77 (all time) to 0.92 (3 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
SP5L.L vs. SPXS.L — Risk / Return Rank
SP5L.L
SPXS.L
SP5L.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor S&P 500 UCITS ETF - Acc (SP5L.L) and Invesco S&P 500 UCITS ETF USD (Acc) (SPXS.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.
| SP5L.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.79 | ||
| Sortino ratioReturn per unit of downside risk | +3.27 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.51 | +0.82 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | -1.00 | +3.74 |
| Martin ratioReturn relative to average drawdown | 9.64 | -1.22 | +10.87 |
Loading charts...
Drawdowns
SP5L.L vs. SPXS.L - Drawdown Comparison
The maximum SP5L.L drawdown since its inception was -25.47%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for SP5L.L and SPXS.L.
Loading charts...
Drawdown Indicators
| SP5L.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.47% | -99.07% | +73.60% |
Max Drawdown (1Y)Largest decline over 1 year | -7.20% | -99.07% | +91.87% |
Max Drawdown (3Y)Largest decline over 3 years | -21.12% | -99.07% | +77.95% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -99.07% | +77.95% |
Max Drawdown (10Y)Largest decline over 10 years | -25.47% | -99.07% | +73.60% |
Current DrawdownCurrent decline from peak | -1.86% | -98.93% | +97.07% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -7.36% | +2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 80.83% | -78.77% |
Volatility
SP5L.L vs. SPXS.L - Volatility Comparison
Lyxor S&P 500 UCITS ETF - Acc (SP5L.L) and Invesco S&P 500 UCITS ETF USD (Acc) (SPXS.L) have volatilities of 3.16% and 3.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SP5L.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 3.15% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 9.34% | -1.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.07% | 99.46% | -88.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.81% | 46.94% | -28.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.96% | 35.32% | -17.36% |
SP5L.L vs. SPXS.L - Expense Ratio Comparison
SP5L.L has a 0.07% expense ratio, which is higher than SPXS.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
SP5L.L vs. SPXS.L - Dividend Comparison
Neither SP5L.L nor SPXS.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, SP5L.L and SPXS.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.
On fees, SPXS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPXS.L is cheaper with a 0.05% expense ratio, compared with 0.07% for SP5L.L.
Both ETFs track S&P 500 Index. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.07% for SP5L.L and 0.05% for SPXS.L.
Find the right allocation for SP5L.L and SPXS.L
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