SPEQ.L vs. IGDA.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) and Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L).

SPEQ.L and IGDA.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. IGDA.L is a passively managed fund by Invesco that tracks the performance of the Dow Jones Islamic Market Developed Markets Index. It was launched on Jan 7, 2022. Both SPEQ.L and IGDA.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. IGDA.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 Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022
SPEQ.L Invesco S&P 500 Equal Weight UCITS ETF Acc	0.46%	11.52%	12.23%	13.79%	-4.84%
IGDA.L Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc	-3.18%	18.74%	17.94%	29.72%	-14.30%

Returns By Period

In the year-to-date period, SPEQ.L achieves a 0.46% return, which is significantly higher than IGDA.L's -3.18% return.

SPEQ.L

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

IGDA.L

• 1D: 2.88%
• 1M: -4.81%
• YTD: -3.18%
• 6M: 1.04%
• 1Y: 22.45%
• 3Y*: 16.86%
• 5Y*: —
• 10Y*: —

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

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

SPEQ.L has a 0.20% expense ratio, which is lower than IGDA.L's 0.40% expense ratio.

IGDA.L

Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc

SPEQ.L

Invesco S&P 500 Equal Weight UCITS ETF Acc

Return for Risk

SPEQ.L vs. IGDA.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

IGDA.L

IGDA.L Risk / Return Rank: 74
IGDA.L Sharpe Ratio Rank: 71
IGDA.L Sortino Ratio Rank: 72
IGDA.L Omega Ratio Rank: 68
IGDA.L Calmar Ratio Rank: 80
IGDA.L Martin Ratio Rank: 82

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. IGDA.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 Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.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	IGDA.L	Difference
Sharpe ratio Return per unit of total volatility	0.86	1.31	-0.45
Sortino ratio Return per unit of downside risk	1.26	1.87	-0.60
Omega ratio Gain probability vs. loss probability	1.18	1.26	-0.08
Calmar ratio Return relative to maximum drawdown	1.30	2.29	-0.99
Martin ratio Return relative to average drawdown	5.73	9.52	-3.80
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. IGDA.L - Sharpe Ratio Comparison

The current SPEQ.L Sharpe Ratio is 0.86, which is lower than the IGDA.L Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of SPEQ.L and IGDA.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	IGDA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	1.31	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.61	0.00

Correlation

The correlation between SPEQ.L and IGDA.L is 0.67, 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. IGDA.L - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

SPEQ.L vs. IGDA.L - Drawdown Comparison

The maximum SPEQ.L drawdown since its inception was -20.84%, smaller than the maximum IGDA.L drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for SPEQ.L and IGDA.L.

Drawdown Indicators

	SPEQ.L	IGDA.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.84%	-24.18%	+3.34%
Max Drawdown (1Y) Largest decline over 1 year	-13.03%	-11.73%	-1.30%
Current Drawdown Current decline from peak	-5.00%	-6.36%	+1.36%
Average Drawdown Average peak-to-trough decline	-5.20%	-5.37%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	2.33%	-0.18%

Volatility

SPEQ.L vs. IGDA.L - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) is 4.12%, while Invesco Dow Jones Islamic Global Developed Markets UCITS ETF USD Acc (IGDA.L) has a volatility of 5.72%. This indicates that SPEQ.L experiences smaller price fluctuations and is considered to be less risky than IGDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPEQ.L	IGDA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	5.72%	-1.60%
Volatility (6M) Calculated over the trailing 6-month period	7.52%	10.08%	-2.56%
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	17.17%	-1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.98%	18.69%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.98%	18.69%	-0.71%