SPEQ.L vs. IUMS.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 S&P 500 Materials Sector UCITS ETF USD (Acc) (IUMS.L).

SPEQ.L and IUMS.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. IUMS.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Capped 35/20 Materials Index NTR. It was launched on Mar 20, 2017. Both SPEQ.L and IUMS.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. IUMS.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 S&P 500 Materials Sector UCITS ETF USD (Acc) (IUMS.L). The values are adjusted to include any dividend payments, if applicable.

SPEQ.L vs. IUMS.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%	24.80%
IUMS.L iShares S&P 500 Materials Sector UCITS ETF USD (Acc)	10.41%	10.90%	-0.92%	12.41%	-11.90%	13.63%

Returns By Period

In the year-to-date period, SPEQ.L achieves a 0.46% return, which is significantly lower than IUMS.L's 10.41% return.

SPEQ.L

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

IUMS.L

• 1D: 2.14%
• 1M: -4.55%
• YTD: 10.41%
• 6M: 13.13%
• 1Y: 18.89%
• 3Y*: 9.67%
• 5Y*: 6.77%
• 10Y*: —

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

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

SPEQ.L has a 0.20% expense ratio, which is higher than IUMS.L'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%.

SPEQ.L

Invesco S&P 500 Equal Weight UCITS ETF Acc

IUMS.L

iShares S&P 500 Materials Sector UCITS ETF USD (Acc)

Return for Risk

SPEQ.L vs. IUMS.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

IUMS.L

IUMS.L Risk / Return Rank: 51
IUMS.L Sharpe Ratio Rank: 54
IUMS.L Sortino Ratio Rank: 52
IUMS.L Omega Ratio Rank: 48
IUMS.L Calmar Ratio Rank: 56
IUMS.L Martin Ratio Rank: 47

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. IUMS.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 S&P 500 Materials Sector UCITS ETF USD (Acc) (IUMS.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	IUMS.L	Difference
Sharpe ratio Return per unit of total volatility	0.86	1.02	-0.16
Sortino ratio Return per unit of downside risk	1.26	1.46	-0.20
Omega ratio Gain probability vs. loss probability	1.18	1.19	-0.01
Calmar ratio Return relative to maximum drawdown	1.30	1.59	-0.30
Martin ratio Return relative to average drawdown	5.73	4.93	+0.80
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. IUMS.L - Sharpe Ratio Comparison

The current SPEQ.L Sharpe Ratio is 0.86, which is comparable to the IUMS.L Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of SPEQ.L and IUMS.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	IUMS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	1.02	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.47	+0.14

Correlation

The correlation between SPEQ.L and IUMS.L is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPEQ.L vs. IUMS.L - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

SPEQ.L vs. IUMS.L - Drawdown Comparison

The maximum SPEQ.L drawdown since its inception was -20.84%, smaller than the maximum IUMS.L drawdown of -35.81%. Use the drawdown chart below to compare losses from any high point for SPEQ.L and IUMS.L.

Drawdown Indicators

	SPEQ.L	IUMS.L	Difference
Max Drawdown Largest peak-to-trough decline	-20.84%	-35.81%	+14.97%
Max Drawdown (1Y) Largest decline over 1 year	-13.03%	-13.50%	+0.47%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.24%	—
Current Drawdown Current decline from peak	-5.00%	-5.24%	+0.24%
Average Drawdown Average peak-to-trough decline	-5.20%	-7.12%	+1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	3.72%	-1.57%

Volatility

SPEQ.L vs. IUMS.L - Volatility Comparison

The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEQ.L) is 4.12%, while iShares S&P 500 Materials Sector UCITS ETF USD (Acc) (IUMS.L) has a volatility of 7.07%. This indicates that SPEQ.L experiences smaller price fluctuations and is considered to be less risky than IUMS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPEQ.L	IUMS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	7.07%	-2.95%
Volatility (6M) Calculated over the trailing 6-month period	7.52%	12.41%	-4.89%
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	18.49%	-3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.98%	18.84%	-0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.98%	20.10%	-2.12%