SPXP.L vs. ^GSPC

In the year-to-date period, SPXP.L achieves a -1.42% return, which is significantly lower than ^GSPC's 6.43% return. Over the past 10 years, SPXP.L has outperformed ^GSPC with an annualized return of 14.96%, while ^GSPC has yielded a comparatively lower 11.49% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (SPXP.L) and S&P 500 (^GSPC). 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.

The current SPXP.L Sharpe Ratio is 0.49, which is comparable to the ^GSPC Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of SPXP.L and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between SPXP.L and ^GSPC is 0.60, 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.

The maximum SPXP.L drawdown since its inception was -25.46%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SPXP.L and ^GSPC.

The current volatility for Invesco S&P 500 UCITS ETF (SPXP.L) is 2.18%, while S&P 500 (^GSPC) has a volatility of 2.89%. This indicates that SPXP.L experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.