SPEX.L vs. JGGI.L
Compare and contrast key facts about Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEX.L) and JP Morgan Global Growth & Income plc (JGGI.L).
SPEX.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 6, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPEX.L or JGGI.L.
Key characteristics
| SPEX.L | JGGI.L | |
|---|---|---|
| YTD Return | 17.66% | 20.72% |
| 1Y Return | 26.36% | 24.97% |
| 3Y Return (Ann) | 7.90% | 12.31% |
| Sharpe Ratio | 0.45 | 1.88 |
| Sortino Ratio | 1.08 | 2.65 |
| Omega Ratio | 1.35 | 1.34 |
| Calmar Ratio | 1.22 | 2.97 |
| Martin Ratio | 1.47 | 10.61 |
| Ulcer Index | 17.22% | 2.36% |
| Daily Std Dev | 56.54% | 13.33% |
| Max Drawdown | -20.84% | -54.88% |
| Current Drawdown | -9.66% | 0.00% |
Correlation
The correlation between SPEX.L and JGGI.L is 0.72, 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.
Performance
SPEX.L vs. JGGI.L - Performance Comparison
In the year-to-date period, SPEX.L achieves a 17.66% return, which is significantly lower than JGGI.L's 20.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SPEX.L vs. JGGI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEX.L) and JP Morgan Global Growth & Income plc (JGGI.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.
Dividends
SPEX.L vs. JGGI.L - Dividend Comparison
SPEX.L has not paid dividends to shareholders, while JGGI.L's dividend yield for the trailing twelve months is around 3.30%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPEX.L Invesco S&P 500 Equal Weight UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JGGI.L JP Morgan Global Growth & Income plc | 3.30% | 3.52% | 3.99% | 3.23% | 2.55% | 0.04% | 0.04% | 0.03% | 0.02% | 0.02% | 0.01% | 1.60% |
Drawdowns
SPEX.L vs. JGGI.L - Drawdown Comparison
The maximum SPEX.L drawdown since its inception was -20.84%, smaller than the maximum JGGI.L drawdown of -54.88%. Use the drawdown chart below to compare losses from any high point for SPEX.L and JGGI.L. For additional features, visit the drawdowns tool.
Volatility
SPEX.L vs. JGGI.L - Volatility Comparison
The current volatility for Invesco S&P 500 Equal Weight UCITS ETF Acc (SPEX.L) is 3.11%, while JP Morgan Global Growth & Income plc (JGGI.L) has a volatility of 3.90%. This indicates that SPEX.L experiences smaller price fluctuations and is considered to be less risky than JGGI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.