SPX5.L vs. SPXP.L
Compare and contrast key facts about SPDR S&P 500 UCITS ETF (SPX5.L) and Invesco S&P 500 UCITS ETF (SPXP.L).
SPX5.L and SPXP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPX5.L is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Mar 19, 2012. SPXP.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on May 20, 2010. Both SPX5.L and SPXP.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPX5.L or SPXP.L.
Key characteristics
| SPX5.L | SPXP.L | |
|---|---|---|
| YTD Return | 20.07% | 20.50% |
| 1Y Return | 26.07% | 26.58% |
| 3Y Return (Ann) | 12.65% | 13.03% |
| 5Y Return (Ann) | 15.42% | 15.78% |
| 10Y Return (Ann) | 15.91% | 16.18% |
| Sharpe Ratio | 2.37 | 2.43 |
| Sortino Ratio | 3.27 | 3.35 |
| Omega Ratio | 1.44 | 1.46 |
| Calmar Ratio | 4.15 | 4.23 |
| Martin Ratio | 15.79 | 16.23 |
| Ulcer Index | 1.68% | 1.67% |
| Daily Std Dev | 11.15% | 11.12% |
| Max Drawdown | -41.23% | -25.46% |
| Current Drawdown | -0.01% | -0.02% |
Correlation
The correlation between SPX5.L and SPXP.L is 1.00, 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
SPX5.L vs. SPXP.L - Performance Comparison
The year-to-date returns for both investments are quite close, with SPX5.L having a 20.07% return and SPXP.L slightly higher at 20.50%. Both investments have delivered pretty close results over the past 10 years, with SPX5.L having a 15.91% annualized return and SPXP.L not far ahead at 16.18%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPX5.L vs. SPXP.L - Expense Ratio Comparison
SPX5.L has a 0.09% expense ratio, which is higher than SPXP.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%.
Risk-Adjusted Performance
SPX5.L vs. SPXP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 UCITS ETF (SPX5.L) and Invesco S&P 500 UCITS ETF (SPXP.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
SPX5.L vs. SPXP.L - Dividend Comparison
SPX5.L's dividend yield for the trailing twelve months is around 82.22%, while SPXP.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPX5.L SPDR S&P 500 UCITS ETF | 82.22% | 120.99% | 138.50% | 97.80% | 140.46% | 147.87% | 170.82% | 157.18% | 149.13% | 168.09% | 142.74% | 156.08% |
SPXP.L Invesco S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPX5.L vs. SPXP.L - Drawdown Comparison
The maximum SPX5.L drawdown since its inception was -41.23%, which is greater than SPXP.L's maximum drawdown of -25.46%. Use the drawdown chart below to compare losses from any high point for SPX5.L and SPXP.L. For additional features, visit the drawdowns tool.
Volatility
SPX5.L vs. SPXP.L - Volatility Comparison
SPDR S&P 500 UCITS ETF (SPX5.L) and Invesco S&P 500 UCITS ETF (SPXP.L) have volatilities of 2.19% and 2.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.