SPXD.L vs. ^SP100

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P 500 UCITS ETF Dist (SPXD.L) and S&P 100 Index (^SP100).

SPXD.L is a passively managed fund by Invesco that tracks the performance of the S&P 500 Index. It was launched on Oct 26, 2015.

Performance

SPXD.L vs. ^SP100 - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 UCITS ETF Dist (SPXD.L) and S&P 100 Index (^SP100). The values are adjusted to include any dividend payments, if applicable.

SPXD.L vs. ^SP100 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SPXD.L Invesco S&P 500 UCITS ETF Dist	-4.14%	17.53%	25.57%	26.91%	-18.50%	29.67%	17.90%	13.21%
^SP100 S&P 100 Index	-6.49%	18.76%	29.25%	30.83%	-22.12%	27.55%	19.30%	13.95%

Returns By Period

In the year-to-date period, SPXD.L achieves a -4.14% return, which is significantly higher than ^SP100's -6.49% return.

SPXD.L

• 1D: 2.42%
• 1M: -3.69%
• YTD: -4.14%
• 6M: -0.98%
• 1Y: 18.36%
• 3Y*: 18.83%
• 5Y*: 11.99%
• 10Y*: —

^SP100

• 1D: 0.73%
• 1M: -4.22%
• YTD: -6.49%
• 6M: -4.06%
• 1Y: 17.96%
• 3Y*: 19.64%
• 5Y*: 11.98%
• 10Y*: 13.32%

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

Return for Risk

SPXD.L vs. ^SP100 — Risk / Return Rank

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

SPXD.L

SPXD.L Risk / Return Rank: 68
SPXD.L Sharpe Ratio Rank: 63
SPXD.L Sortino Ratio Rank: 64
SPXD.L Omega Ratio Rank: 63
SPXD.L Calmar Ratio Rank: 75
SPXD.L Martin Ratio Rank: 76

^SP100

^SP100 Risk / Return Rank: 66
^SP100 Sharpe Ratio Rank: 63
^SP100 Sortino Ratio Rank: 65
^SP100 Omega Ratio Rank: 69
^SP100 Calmar Ratio Rank: 65
^SP100 Martin Ratio Rank: 69

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.

SPXD.L vs. ^SP100 - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF Dist (SPXD.L) and S&P 100 Index (^SP100). 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.

	SPXD.L	^SP100	Difference
Sharpe ratio Return per unit of total volatility	1.16	0.93	+0.23
Sortino ratio Return per unit of downside risk	1.68	1.46	+0.23
Omega ratio Gain probability vs. loss probability	1.24	1.22	+0.02
Calmar ratio Return relative to maximum drawdown	2.12	1.53	+0.59
Martin ratio Return relative to average drawdown	8.62	5.98	+2.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPXD.L vs. ^SP100 - Sharpe Ratio Comparison

The current SPXD.L Sharpe Ratio is 1.16, which is comparable to the ^SP100 Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of SPXD.L and ^SP100, 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

	SPXD.L	^SP100	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	0.93	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.68	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.53	+0.29

Correlation

The correlation between SPXD.L and ^SP100 is 0.56, 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.

Drawdowns

SPXD.L vs. ^SP100 - Drawdown Comparison

The maximum SPXD.L drawdown since its inception was -33.98%, smaller than the maximum ^SP100 drawdown of -61.31%. Use the drawdown chart below to compare losses from any high point for SPXD.L and ^SP100.

Drawdown Indicators

	SPXD.L	^SP100	Difference
Max Drawdown Largest peak-to-trough decline	-33.98%	-61.31%	+27.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.69%	-12.08%	+0.39%
Max Drawdown (5Y) Largest decline over 5 years	-24.17%	-27.23%	+3.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.53%	—
Current Drawdown Current decline from peak	-5.49%	-7.80%	+2.31%
Average Drawdown Average peak-to-trough decline	-5.17%	-12.71%	+7.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	3.09%	-1.04%

Volatility

SPXD.L vs. ^SP100 - Volatility Comparison

The current volatility for Invesco S&P 500 UCITS ETF Dist (SPXD.L) is 4.64%, while S&P 100 Index (^SP100) has a volatility of 5.63%. This indicates that SPXD.L experiences smaller price fluctuations and is considered to be less risky than ^SP100 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPXD.L	^SP100	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	5.63%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	8.62%	10.07%	-1.45%
Volatility (1Y) Calculated over the trailing 1-year period	15.79%	19.34%	-3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	17.74%	-1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.81%	18.44%	-0.63%