SPXE.L vs. SPEP.L
SPXE.L (Invesco S&P 500 Scored & Screened UCITS ETF USD (Acc)) and SPEP.L (Invesco S&P 500 Scored & Screened ETF Acc) are both S&P 500 funds from Invesco - SPXE.L tracks the S&P 500 Scored & Screened Index while SPEP.L tracks the S&P 500 ESG Index. Both are passively managed. Over the past 5 years, SPXE.L returned 13.46%/yr vs 13.49%/yr for SPEP.L. Their correlation of 0.92 suggests significant overlap in exposure. Both charge a 0.09% expense ratio.
Performance
SPXE.L vs. SPEP.L - Performance Comparison
Loading charts...
Different Trading Currencies
SPXE.L is traded in USD, while SPEP.L is traded in GBp. To make them comparable, the SPEP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with SPXE.L having a 8.48% return and SPEP.L slightly lower at 8.44%.
SPXE.L
- 1D
- -1.23%
- 1M
- -1.46%
- 6M
- 7.68%
- YTD
- 8.48%
- 1Y
- 22.18%
- 3Y*
- 19.17%
- 5Y*
- 13.46%
- 10Y*
- —
SPEP.L
- 1D
- -1.26%
- 1M
- -0.61%
- 6M
- 7.71%
- YTD
- 8.44%
- 1Y
- 22.01%
- 3Y*
- 19.25%
- 5Y*
- 13.49%
- 10Y*
- —
SPXE.L vs. SPEP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPXE.L Invesco S&P 500 Scored & Screened UCITS ETF USD (Acc) | 8.48% | 17.97% | 24.55% | 28.40% | -18.00% | 32.29% | 28.38% |
SPEP.L Invesco S&P 500 Scored & Screened ETF Acc | 8.44% | 18.23% | 24.50% | 27.88% | -18.15% | 32.81% | 28.73% |
Correlation
The correlation between SPXE.L and SPEP.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2020 | 0.92 |
The correlation between SPXE.L and SPEP.L has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPXE.L vs. SPEP.L — Risk / Return Rank
SPXE.L
SPEP.L
SPXE.L vs. SPEP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Scored & Screened UCITS ETF USD (Acc) (SPXE.L) and Invesco S&P 500 Scored & Screened ETF Acc (SPEP.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPXE.L | SPEP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.41 | +0.10 |
| Martin ratioReturn relative to average drawdown | 10.68 | 10.48 | +0.20 |
Loading charts...
Drawdowns
SPXE.L vs. SPEP.L - Drawdown Comparison
The maximum SPXE.L drawdown since its inception was -24.15%, roughly equal to the maximum SPEP.L drawdown of -24.86%. Use the drawdown chart below to compare losses from any high point for SPXE.L and SPEP.L.
Loading charts...
Drawdown Indicators
| SPXE.L | SPEP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.15% | -24.86% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.79% | -9.08% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -19.39% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -23.93% | -24.86% | +0.93% |
Current DrawdownCurrent decline from peak | -2.05% | -1.99% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -5.64% | +0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.10% | -0.03% |
Volatility
SPXE.L vs. SPEP.L - Volatility Comparison
Invesco S&P 500 Scored & Screened UCITS ETF USD (Acc) (SPXE.L) and Invesco S&P 500 Scored & Screened ETF Acc (SPEP.L) have volatilities of 3.04% and 2.97%, 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.
Loading charts...
Volatility by Period
| SPXE.L | SPEP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 2.97% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 8.74% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.92% | 11.51% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.20% | 21.00% | -4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.18% | 22.07% | -2.89% |
SPXE.L vs. SPEP.L - Expense Ratio Comparison
Both SPXE.L and SPEP.L have an expense ratio of 0.09%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SPXE.L vs. SPEP.L - Dividend Comparison
Neither SPXE.L nor SPEP.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, SPXE.L and SPEP.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.09% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SPXE.L and SPEP.L have the same expense ratio: 0.09% per year.
SPXE.L tracks S&P 500 Scored & Screened Index, while SPEP.L tracks S&P 500 ESG Index.
Find the right allocation for SPXE.L and SPEP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer