SUAP.L vs. G500.L
SUAP.L (iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist)) and G500.L (Invesco S&P 500 UCITS ETF (GBP Hdg)) are both Global Equities funds - SUAP.L tracks the iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist) while G500.L tracks the Invesco S&P 500 UCITS ETF (GBP Hdg). Both are passively managed. Over the past 5 years, SUAP.L returned 9.38%/yr vs 12.15%/yr for G500.L. Their correlation of 0.92 suggests significant overlap in exposure. SUAP.L charges 1.00%/yr vs 0.05%/yr for G500.L.
Performance
SUAP.L vs. G500.L - Performance Comparison
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Different Trading Currencies
SUAP.L is traded in GBP, while G500.L is traded in GBp. To make them comparable, the G500.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SUAP.L achieves a 13.09% return, which is significantly higher than G500.L's 9.90% return.
SUAP.L
- 1D
- -0.52%
- 1M
- -1.84%
- 6M
- 11.30%
- YTD
- 13.09%
- 1Y
- 20.13%
- 3Y*
- 14.19%
- 5Y*
- 9.38%
- 10Y*
- —
G500.L
- 1D
- -0.05%
- 1M
- -0.03%
- 6M
- 9.49%
- YTD
- 9.90%
- 1Y
- 21.08%
- 3Y*
- 19.63%
- 5Y*
- 12.15%
- 10Y*
- —
SUAP.L vs. G500.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SUAP.L iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist) | 13.09% | 10.67% | 13.28% | 22.38% | -20.64% | 18.23% |
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 9.90% | 17.45% | 24.98% | 24.88% | -19.98% | 15.19% |
Correlation
The correlation between SUAP.L and G500.L is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 21, 2021 | 0.92 |
The correlation between SUAP.L and G500.L has been stable across timeframes, ranging from 0.86 to 0.92 - a consistent structural relationship.
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Return for Risk
SUAP.L vs. G500.L — Risk / Return Rank
SUAP.L
G500.L
SUAP.L vs. G500.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist) (SUAP.L) and Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.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.
| SUAP.L | G500.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 2.65 | -0.26 |
| Martin ratioReturn relative to average drawdown | 8.99 | 10.68 | -1.69 |
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Drawdowns
SUAP.L vs. G500.L - Drawdown Comparison
The maximum SUAP.L drawdown since its inception was -27.13%, which is greater than G500.L's maximum drawdown of -25.20%. Use the drawdown chart below to compare losses from any high point for SUAP.L and G500.L.
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Drawdown Indicators
| SUAP.L | G500.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.13% | -25.20% | -1.93% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | -8.21% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -19.71% | -18.22% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -27.13% | -25.20% | -1.93% |
Current DrawdownCurrent decline from peak | -2.78% | -0.66% | -2.12% |
Average DrawdownAverage peak-to-trough decline | -7.07% | -5.31% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.04% | +0.30% |
Volatility
SUAP.L vs. G500.L - Volatility Comparison
iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist) (SUAP.L) has a higher volatility of 4.49% compared to Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) at 2.79%. This indicates that SUAP.L's price experiences larger fluctuations and is considered to be riskier than G500.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUAP.L | G500.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 2.79% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 11.07% | 9.28% | +1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 12.06% | +1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.64% | 15.99% | +0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.44% | 15.87% | +0.57% |
SUAP.L vs. G500.L - Expense Ratio Comparison
SUAP.L has a 1.00% expense ratio, which is higher than G500.L's 0.05% expense ratio.
Dividends
SUAP.L vs. G500.L - Dividend Comparison
SUAP.L's dividend yield for the trailing twelve months is around 0.89%, while G500.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
G500.L Invesco S&P 500 UCITS ETF (GBP Hdg) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SUAP.L iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist) | 0.89% | 0.92% | 1.09% | 1.22% | 1.42% | 0.55% |
Frequently Asked Questions
SUAP.L and G500.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, G500.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
G500.L is cheaper with a 0.05% expense ratio, compared with 1.00% for SUAP.L.
SUAP.L tracks iShares MSCI USA SRI UCITS ETF GBP Hedged (Dist), while G500.L tracks Invesco S&P 500 UCITS ETF (GBP Hdg). They also come from different issuers: iShares and Invesco. Their fees differ too: 1.00% for SUAP.L and 0.05% for G500.L.
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