SPXE.L vs. WRDA.L
SPXE.L (Invesco S&P 500 Scored & Screened ETF Acc) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both Global Equities funds - SPXE.L tracks the Invesco S&P 500 Scored & Screened ETF Acc while WRDA.L tracks the MSCI World Index. Both are passively managed. Over the past year, SPXE.L returned 23.78% vs 22.07% for WRDA.L. Their correlation of 0.87 suggests significant overlap in exposure.
Performance
SPXE.L vs. WRDA.L - Performance Comparison
Loading charts...
Different Trading Currencies
SPXE.L is traded in USD, while WRDA.L is traded in GBp. To make them comparable, the WRDA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with SPXE.L having a 9.73% return and WRDA.L slightly higher at 10.11%.
SPXE.L
- 1D
- -0.05%
- 1M
- -0.92%
- 6M
- 9.61%
- YTD
- 9.73%
- 1Y
- 23.78%
- 3Y*
- 19.79%
- 5Y*
- 13.72%
- 10Y*
- —
WRDA.L
- 1D
- 0.00%
- 1M
- 0.23%
- 6M
- 8.92%
- YTD
- 10.11%
- 1Y
- 22.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPXE.L vs. WRDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SPXE.L Invesco S&P 500 Scored & Screened ETF Acc | 9.73% | 17.97% | 22.34% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 10.11% | 21.28% | 17.83% |
Correlation
The correlation between SPXE.L and WRDA.L is 0.85, 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 | 0.85 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.87 |
The correlation between SPXE.L and WRDA.L has been stable across timeframes, ranging from 0.85 to 0.87 - 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. WRDA.L — Risk / Return Rank
SPXE.L
WRDA.L
SPXE.L vs. WRDA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Scored & Screened ETF Acc (SPXE.L) and UBS Core MSCI World UCITS ETF USD Acc (WRDA.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 | WRDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 0.80 | +1.98 |
| Martin ratioReturn relative to average drawdown | 11.84 | 1.20 | +10.64 |
Loading charts...
Drawdowns
SPXE.L vs. WRDA.L - Drawdown Comparison
The maximum SPXE.L drawdown since its inception was -24.15%, smaller than the maximum WRDA.L drawdown of -27.71%. Use the drawdown chart below to compare losses from any high point for SPXE.L and WRDA.L.
Loading charts...
Drawdown Indicators
| SPXE.L | WRDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.15% | -27.71% | +3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -8.79% | -27.71% | +18.92% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.93% | — | — |
Current DrawdownCurrent decline from peak | -0.92% | -15.53% | +14.61% |
Average DrawdownAverage peak-to-trough decline | -4.70% | -7.46% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 18.35% | -16.28% |
Volatility
SPXE.L vs. WRDA.L - Volatility Comparison
The current volatility for Invesco S&P 500 Scored & Screened ETF Acc (SPXE.L) is 2.79%, while UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) has a volatility of 2.96%. This indicates that SPXE.L experiences smaller price fluctuations and is considered to be less risky than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPXE.L | WRDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 2.96% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 9.22% | 9.04% | +0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.87% | 43.30% | -31.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.20% | 29.74% | -13.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.18% | 29.74% | -10.56% |
Dividends
SPXE.L vs. WRDA.L - Dividend Comparison
Neither SPXE.L nor WRDA.L has paid dividends to shareholders.
Frequently Asked Questions
SPXE.L and WRDA.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPXE.L tracks Invesco S&P 500 Scored & Screened ETF Acc, while WRDA.L tracks MSCI World Index. They also come from different issuers: Invesco and UBS.
Find the right allocation for SPXE.L and WRDA.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