SPXP.L vs. BMY.L

Last updated Jun 4, 2026

SPXP.L (Invesco S&P 500 UCITS ETF) is S&P 500 fund tracking the S&P 500 Index, while BMY.L (Bloomsbury Publishing plc) is a stock. Over the past 10 years, SPXP.L returned 16.32%/yr vs 19.23%/yr for BMY.L. At a 0.12 correlation, their price movements are largely independent.

Performance

SPXP.L vs. BMY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Invesco S&P 500 UCITS ETF (SPXP.L) and Bloomsbury Publishing plc (BMY.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPXP.L achieves a 10.55% return, which is significantly lower than BMY.L's 35.68% return. Over the past 10 years, SPXP.L has underperformed BMY.L with an annualized return of 16.32%, while BMY.L has yielded a comparatively higher 19.23% annualized return.

SPXP.L

• 1D: -0.21%
• 1M: 5.93%
• YTD: 10.55%
• 6M: 10.60%
• 1Y: 29.27%
• 3Y*: 19.50%
• 5Y*: 15.15%
• 10Y*: 16.32%

BMY.L

• 1D: 0.77%
• 1M: 6.69%
• YTD: 35.68%
• 6M: 30.80%
• 1Y: 29.50%
• 3Y*: 20.41%
• 5Y*: 17.31%
• 10Y*: 19.23%

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

SPXP.L vs. BMY.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPXP.L Invesco S&P 500 UCITS ETF	10.55%	9.53%	27.58%	20.06%	-8.79%	31.26%	13.90%	26.76%	0.26%	10.77%
BMY.L Bloomsbury Publishing plc	35.68%	-26.22%	46.52%	8.05%	28.21%	28.66%	8.68%	48.43%	10.55%	15.83%

Correlation

The correlation between SPXP.L and BMY.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jul 15, 2014	0.12

The correlation between SPXP.L and BMY.L shifts across timeframes, from 0.12 (all time) to 0.23 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

SPXP.L vs. BMY.L — Risk / Return Rank

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

SPXP.L

SPXP.L Risk / Return Rank: 81
SPXP.L Sharpe Ratio Rank: 84
SPXP.L Sortino Ratio Rank: 81
SPXP.L Omega Ratio Rank: 84
SPXP.L Calmar Ratio Rank: 79
SPXP.L Martin Ratio Rank: 77

BMY.L

BMY.L Risk / Return Rank: 70
BMY.L Sharpe Ratio Rank: 70
BMY.L Sortino Ratio Rank: 69
BMY.L Omega Ratio Rank: 65
BMY.L Calmar Ratio Rank: 72
BMY.L Martin Ratio Rank: 73

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.

SPXP.L vs. BMY.L - Risk-Adjusted Trends Comparison

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

	SPXP.L	BMY.L	Difference
Sharpe ratio: Return per unit of total volatility	2.78	0.93	+1.85
Sortino ratio: Return per unit of downside risk	3.72	1.71	+2.01
Omega ratio: Gain probability vs. loss probability	1.52	1.20	+0.32
Calmar ratio: Return relative to maximum drawdown	4.11	1.75	+2.36
Martin ratio: Return relative to average drawdown	15.14	4.42	+10.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPXP.L vs. BMY.L - Sharpe Ratio Comparison

The current SPXP.L Sharpe Ratio is 2.78, which is higher than the BMY.L Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of SPXP.L and BMY.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPXP.L	BMY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.78	0.93	+1.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.06	0.48	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.10	0.52	+0.58
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.45	+0.70

Drawdowns

SPXP.L vs. BMY.L - Drawdown Comparison

The maximum SPXP.L drawdown since its inception was -25.46%, smaller than the maximum BMY.L drawdown of -72.41%. Use the drawdown chart below to compare losses from any high point for SPXP.L and BMY.L.

Drawdown Indicators

	SPXP.L	BMY.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.46%	-72.41%	+46.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-16.79%	+9.70%
Max Drawdown (3Y) Largest decline over 3 years	-20.77%	-39.66%	+18.89%
Max Drawdown (5Y) Largest decline over 5 years	-20.77%	-39.66%	+18.89%
Max Drawdown (10Y) Largest decline over 10 years	-25.46%	-39.66%	+14.20%
Current Drawdown Current decline from peak	-0.21%	-10.01%	+9.80%
Average Drawdown Average peak-to-trough decline	-3.50%	-30.69%	+27.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	6.62%	-4.69%

Volatility

SPXP.L vs. BMY.L - Volatility Comparison

The current volatility for Invesco S&P 500 UCITS ETF (SPXP.L) is 2.64%, while Bloomsbury Publishing plc (BMY.L) has a volatility of 6.67%. This indicates that SPXP.L experiences smaller price fluctuations and is considered to be less risky than BMY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPXP.L	BMY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	6.67%	-4.03%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	23.86%	-16.62%
Volatility (1Y) Calculated over the trailing 1-year period	10.56%	31.54%	-20.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.23%	36.20%	-21.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.22%	36.80%	-20.58%

Dividends

SPXP.L vs. BMY.L - Dividend Comparison

SPXP.L has not paid dividends to shareholders, while BMY.L's dividend yield for the trailing twelve months is around 2.39%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BMY.L Bloomsbury Publishing plc	2.39%	3.24%	2.21%	2.99%	2.40%	5.19%	2.85%	2.77%	3.75%	3.57%	3.79%	4.08%
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%

Frequently Asked Questions

Can I hold both SPXP.L and BMY.L in my portfolio?

SPXP.L and BMY.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.