SPEP.L vs. SPXS.L
SPEP.L (Invesco S&P 500 Scored & Screened ETF Acc) and SPXS.L (Invesco S&P 500 UCITS ETF USD (Acc)) are both S&P 500 funds from Invesco - SPEP.L tracks the S&P 500 ESG Index while SPXS.L tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, SPEP.L returned 14.01%/yr vs -54.83%/yr for SPXS.L. Their correlation of 0.91 suggests significant overlap in exposure. SPEP.L charges 0.09%/yr vs 0.05%/yr for SPXS.L.
Performance
SPEP.L vs. SPXS.L - Performance Comparison
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Different Trading Currencies
SPEP.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
In the year-to-date period, SPEP.L achieves a 8.50% return, which is significantly lower than SPXS.L's 9.10% return.
SPEP.L
- 1D
- -1.05%
- 1M
- -1.79%
- 6M
- 7.14%
- YTD
- 8.50%
- 1Y
- 21.71%
- 3Y*
- 18.02%
- 5Y*
- 14.01%
- 10Y*
- —
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%
SPEP.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPEP.L Invesco S&P 500 Scored & Screened ETF Acc | 8.50% | 9.94% | 26.61% | 21.47% | -8.35% | 34.02% | 21.63% |
SPXS.L Invesco S&P 500 UCITS ETF USD (Acc) | 9.10% | -98.91% | 27.76% | 20.65% | -8.84% | 30.87% | 29.69% |
Correlation
The correlation between SPEP.L and SPXS.L is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2020 | 0.91 |
The correlation between SPEP.L and SPXS.L has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.
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Return for Risk
SPEP.L vs. SPXS.L — Risk / Return Rank
SPEP.L
SPXS.L
SPEP.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Scored & Screened ETF Acc (SPEP.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.
| SPEP.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.99 | ||
| Sortino ratioReturn per unit of downside risk | +3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.51 | +0.85 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | -1.00 | +4.11 |
| Martin ratioReturn relative to average drawdown | 11.74 | -1.22 | +12.97 |
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Drawdowns
SPEP.L vs. SPXS.L - Drawdown Comparison
The maximum SPEP.L drawdown since its inception was -21.07%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for SPEP.L and SPXS.L.
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Drawdown Indicators
| SPEP.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.07% | -99.07% | +78.00% |
Max Drawdown (1Y)Largest decline over 1 year | -6.93% | -99.07% | +92.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -99.07% | +78.00% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | -99.07% | +78.00% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.07% | — |
Current DrawdownCurrent decline from peak | -2.89% | -98.93% | +96.04% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -7.36% | +2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 80.83% | -78.99% |
Volatility
SPEP.L vs. SPXS.L - Volatility Comparison
The current volatility for Invesco S&P 500 Scored & Screened ETF Acc (SPEP.L) is 2.87%, while Invesco S&P 500 UCITS ETF USD (Acc) (SPXS.L) has a volatility of 3.15%. This indicates that SPEP.L experiences smaller price fluctuations and is considered to be less risky than SPXS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPEP.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 3.15% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 7.80% | 9.34% | -1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 99.46% | -88.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.11% | 46.94% | -26.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.71% | 35.32% | -14.61% |
SPEP.L vs. SPXS.L - Expense Ratio Comparison
SPEP.L has a 0.09% 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
SPEP.L vs. SPXS.L - Dividend Comparison
Neither SPEP.L nor SPXS.L has paid dividends to shareholders.
Frequently Asked Questions
SPEP.L and SPXS.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.09% for SPEP.L.
SPEP.L tracks S&P 500 ESG Index, while SPXS.L tracks S&P 500 Index. Their fees differ too: 0.09% for SPEP.L and 0.05% for SPXS.L.
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