SPEQ.L vs. ESIN.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) and iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.L).

SPEQ.L and ESIN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPEQ.L is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Net Total Return. It was launched on Apr 6, 2021. ESIN.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Materials NR USD. It was launched on May 14, 2021. Both SPEQ.L and ESIN.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SPEQ.L vs. ESIN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) and iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.L). The values are adjusted to include any dividend payments, if applicable.

SPEQ.L vs. ESIN.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SPEQ.L Invesco S&P 500 Equal Weight UCITS ETF Acc	0.46%	11.52%	12.23%	13.79%	-11.53%	9.17%
ESIN.L iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc	1.11%	40.93%	7.91%	30.96%	-20.82%	4.29%

Different Trading Currencies

SPEQ.L is traded in USD, while ESIN.L is traded in GBP. To make them comparable, the ESIN.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SPEQ.L achieves a 0.46% return, which is significantly lower than ESIN.L's 1.11% return.

SPEQ.L

• 1D: 1.86%
• 1M: -4.65%
• YTD: 0.46%
• 6M: 2.47%
• 1Y: 13.11%
• 3Y*: 11.89%
• 5Y*: —
• 10Y*: —

ESIN.L

• 1D: 4.55%
• 1M: -7.47%
• YTD: 1.11%
• 6M: 2.62%
• 1Y: 25.87%
• 3Y*: 20.93%
• 5Y*: —
• 10Y*: —

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

SPEQ.L vs. ESIN.L - Expense Ratio Comparison

SPEQ.L has a 0.20% expense ratio, which is higher than ESIN.L's 0.18% 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%.

SPEQ.L

Invesco S&P 500 Equal Weight UCITS ETF Acc

ESIN.L

iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc

Return for Risk

SPEQ.L vs. ESIN.L — Risk / Return Rank

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

SPEQ.L

SPEQ.L Risk / Return Rank: 45
SPEQ.L Sharpe Ratio Rank: 43
SPEQ.L Sortino Ratio Rank: 43
SPEQ.L Omega Ratio Rank: 44
SPEQ.L Calmar Ratio Rank: 44
SPEQ.L Martin Ratio Rank: 53

ESIN.L

ESIN.L Risk / Return Rank: 61
ESIN.L Sharpe Ratio Rank: 64
ESIN.L Sortino Ratio Rank: 62
ESIN.L Omega Ratio Rank: 58
ESIN.L Calmar Ratio Rank: 59
ESIN.L Martin Ratio Rank: 60

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.

SPEQ.L vs. ESIN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) and iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.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.

	SPEQ.L	ESIN.L	Difference
Sharpe ratio Return per unit of total volatility	0.86	1.20	-0.34
Sortino ratio Return per unit of downside risk	1.26	1.68	-0.42
Omega ratio Gain probability vs. loss probability	1.18	1.23	-0.04
Calmar ratio Return relative to maximum drawdown	1.30	1.63	-0.34
Martin ratio Return relative to average drawdown	5.73	6.42	-0.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPEQ.L vs. ESIN.L - Sharpe Ratio Comparison

The current SPEQ.L Sharpe Ratio is 0.86, which is comparable to the ESIN.L Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of SPEQ.L and ESIN.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPEQ.L	ESIN.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	1.20	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.52	+0.10

Correlation

The correlation between SPEQ.L and ESIN.L is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SPEQ.L vs. ESIN.L - Dividend Comparison

Neither SPEQ.L nor ESIN.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SPEQ.L vs. ESIN.L - Drawdown Comparison

The maximum SPEQ.L drawdown since its inception was -20.84%, smaller than the maximum ESIN.L drawdown of -39.89%. Use the drawdown chart below to compare losses from any high point for SPEQ.L and ESIN.L.

Drawdown Indicators

	SPEQ.L	ESIN.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.84%	-24.82%	+3.98%
Max Drawdown (1Y) Largest decline over 1 year	-13.03%	-14.11%	+1.08%
Current Drawdown Current decline from peak	-5.00%	-8.65%	+3.65%
Average Drawdown Average peak-to-trough decline	-5.20%	-5.43%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	3.56%	-1.41%

Volatility

SPEQ.L vs. ESIN.L - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) is 4.12%, while iShares MSCI Europe Industrials Sector UCITS ETF EUR Acc (ESIN.L) has a volatility of 9.97%. This indicates that SPEQ.L experiences smaller price fluctuations and is considered to be less risky than ESIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPEQ.L	ESIN.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	9.97%	-5.85%
Volatility (6M) Calculated over the trailing 6-month period	7.52%	14.80%	-7.28%
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	21.55%	-6.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.98%	21.39%	-3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.98%	21.39%	-3.41%