SPXP.L vs. SPXD.L
Compare and contrast key facts about Invesco S&P 500 UCITS ETF (SPXP.L) and Invesco S&P 500 UCITS ETF Dist (SPXD.L).
SPXP.L and SPXD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPXP.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on May 20, 2010. SPXD.L is a passively managed fund by Invesco that tracks the performance of the Russell 1000 TR USD. It was launched on Oct 26, 2015. Both SPXP.L and SPXD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPXP.L or SPXD.L.
Key characteristics
| SPXP.L | SPXD.L | |
|---|---|---|
| YTD Return | 20.50% | 22.58% |
| 1Y Return | 26.58% | 34.60% |
| 3Y Return (Ann) | 13.03% | 10.76% |
| 5Y Return (Ann) | 15.78% | 15.95% |
| Sharpe Ratio | 2.43 | 3.08 |
| Sortino Ratio | 3.35 | 4.23 |
| Omega Ratio | 1.46 | 1.58 |
| Calmar Ratio | 4.23 | 3.22 |
| Martin Ratio | 16.23 | 20.06 |
| Ulcer Index | 1.67% | 1.80% |
| Daily Std Dev | 11.12% | 11.70% |
| Max Drawdown | -25.46% | -33.98% |
| Current Drawdown | -0.02% | -0.39% |
Correlation
The correlation between SPXP.L and SPXD.L is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPXP.L vs. SPXD.L - Performance Comparison
In the year-to-date period, SPXP.L achieves a 20.50% return, which is significantly lower than SPXD.L's 22.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPXP.L vs. SPXD.L - Expense Ratio Comparison
Both SPXP.L and SPXD.L have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPXP.L vs. SPXD.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (SPXP.L) and Invesco S&P 500 UCITS ETF Dist (SPXD.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.
Dividends
SPXP.L vs. SPXD.L - Dividend Comparison
SPXP.L has not paid dividends to shareholders, while SPXD.L's dividend yield for the trailing twelve months is around 0.96%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
SPXP.L Invesco S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXD.L Invesco S&P 500 UCITS ETF Dist | 0.96% | 1.51% | 1.68% | 1.31% | 1.55% | 1.87% | 0.00% |
Drawdowns
SPXP.L vs. SPXD.L - Drawdown Comparison
The maximum SPXP.L drawdown since its inception was -25.46%, smaller than the maximum SPXD.L drawdown of -33.98%. Use the drawdown chart below to compare losses from any high point for SPXP.L and SPXD.L. For additional features, visit the drawdowns tool.
Volatility
SPXP.L vs. SPXD.L - Volatility Comparison
The current volatility for Invesco S&P 500 UCITS ETF (SPXP.L) is 2.09%, while Invesco S&P 500 UCITS ETF Dist (SPXD.L) has a volatility of 2.30%. This indicates that SPXP.L experiences smaller price fluctuations and is considered to be less risky than SPXD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.