SSAC.L vs. VUAG.L

Last updated Jun 14, 2026

SSAC.L (iShares MSCI ACWI UCITS ETF (Acc)) and VUAG.L (Vanguard S&P 500 UCITS ETF (USD) Accumulating) are both exchange-traded funds - SSAC.L is a Global Equities fund tracking the MSCI ACWI Index, while VUAG.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, SSAC.L returned 12.18%/yr vs 14.39%/yr for VUAG.L. Their correlation of 0.95 suggests significant overlap in exposure. SSAC.L charges 0.20%/yr vs 0.07%/yr for VUAG.L.

Performance

SSAC.L vs. VUAG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) and Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SSAC.L is traded in GBp, while VUAG.L is traded in GBP. To make them comparable, the VUAG.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, SSAC.L achieves a 10.60% return, which is significantly higher than VUAG.L's 8.79% return.

SSAC.L

• 1D: 1.72%
• 1M: 0.47%
• YTD: 10.60%
• 6M: 11.34%
• 1Y: 28.26%
• 3Y*: 17.41%
• 5Y*: 12.18%
• 10Y*: 13.49%

VUAG.L

• 1D: 1.48%
• 1M: -0.32%
• YTD: 8.79%
• 6M: 9.16%
• 1Y: 26.56%
• 3Y*: 18.26%
• 5Y*: 14.39%
• 10Y*: —

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

SSAC.L vs. VUAG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SSAC.L iShares MSCI ACWI UCITS ETF (Acc)	10.60%	13.95%	19.63%	16.14%	-8.56%	20.35%	11.80%	12.19%
VUAG.L Vanguard S&P 500 UCITS ETF (USD) Accumulating	8.79%	9.36%	27.34%	19.65%	-8.87%	30.97%	16.23%	-12.98%

Correlation

The correlation between SSAC.L and VUAG.L is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 14, 2019	0.95

The correlation between SSAC.L and VUAG.L has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

SSAC.L vs. VUAG.L - Sectors Allocation Comparison

Sectors	SSAC.L	VUAG.L
Technology	33.7%	35.7%
Financial Services	15.3%	11.6%
Industrials	10.3%	8.3%
Consumer Cyclical	8.8%	10.2%
Communication Services	8.3%	11.3%
Healthcare	7.6%	8.5%
Consumer Defensive	4.5%	4.9%
Energy	3.9%	3.5%
Basic Materials	3.7%	1.8%
Utilities	2.4%	2.4%
Real Estate	1.6%	1.9%

Return for Risk

SSAC.L vs. VUAG.L — Risk / Return Rank

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

SSAC.L

SSAC.L Risk / Return Rank: 87
SSAC.L Sharpe Ratio Rank: 88
SSAC.L Sortino Ratio Rank: 88
SSAC.L Omega Ratio Rank: 88
SSAC.L Calmar Ratio Rank: 83
SSAC.L Martin Ratio Rank: 86

VUAG.L

VUAG.L Risk / Return Rank: 82
VUAG.L Sharpe Ratio Rank: 85
VUAG.L Sortino Ratio Rank: 83
VUAG.L Omega Ratio Rank: 85
VUAG.L Calmar Ratio Rank: 80
VUAG.L Martin Ratio Rank: 79

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.

SSAC.L vs. VUAG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) and Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.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.

	SSAC.L	VUAG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.54	2.39	+0.14
Sortino ratio: Return per unit of downside risk	3.50	3.22	+0.28
Omega ratio: Gain probability vs. loss probability	1.48	1.45	+0.03
Calmar ratio: Return relative to maximum drawdown	3.90	3.66	+0.24
Martin ratio: Return relative to average drawdown	15.39	13.20	+2.19

SSAC.L vs. VUAG.L - Sharpe Ratio Comparison

The current SSAC.L Sharpe Ratio is 2.54, which is comparable to the VUAG.L Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of SSAC.L and VUAG.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.

Drawdowns

SSAC.L vs. VUAG.L - Drawdown Comparison

The maximum SSAC.L drawdown since its inception was -43.12%, which is greater than VUAG.L's maximum drawdown of -30.82%. Use the drawdown chart below to compare losses from any high point for SSAC.L and VUAG.L.

Drawdown Indicators

	SSAC.L	VUAG.L	Difference
Max Drawdown Largest peak-to-trough decline	-43.12%	-30.82%	-12.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.01%	-7.11%	+0.10%
Max Drawdown (3Y) Largest decline over 3 years	-20.01%	-20.88%	+0.87%
Max Drawdown (5Y) Largest decline over 5 years	-20.01%	-20.88%	+0.87%
Max Drawdown (10Y) Largest decline over 10 years	-25.43%	—	—
Current Drawdown Current decline from peak	-1.51%	-1.82%	+0.31%
Average Drawdown Average peak-to-trough decline	-9.20%	-5.47%	-3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	1.98%	-0.20%

Volatility

SSAC.L vs. VUAG.L - Volatility Comparison

iShares MSCI ACWI UCITS ETF (Acc) (SSAC.L) and Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.L) have volatilities of 3.56% and 3.57%, 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.

Volatility by Period

	SSAC.L	VUAG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	3.57%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	8.12%	7.56%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	10.80%	10.90%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	14.36%	+4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	17.88%	-0.60%

SSAC.L vs. VUAG.L - Expense Ratio Comparison

SSAC.L has a 0.20% expense ratio, which is higher than VUAG.L's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SSAC.L vs. VUAG.L - Dividend Comparison

Neither SSAC.L nor VUAG.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
SSAC.L iShares MSCI ACWI UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VUAG.L Vanguard S&P 500 UCITS ETF (USD) Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.80%

Frequently Asked Questions

Can I hold both SSAC.L and VUAG.L in my portfolio?

With a correlation of 0.94, SSAC.L and VUAG.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.

Which ETF is better, SSAC.L or VUAG.L?

On fees, VUAG.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SSAC.L or VUAG.L?

VUAG.L is cheaper with a 0.07% expense ratio, compared with 0.20% for SSAC.L.

What is the main difference between SSAC.L and VUAG.L?

SSAC.L is categorized as Global Equities, while VUAG.L is S&P 500. SSAC.L tracks MSCI ACWI Index, while VUAG.L tracks S&P 500 Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.20% for SSAC.L and 0.07% for VUAG.L.