SUKC.L vs. IMID.L

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) and SPDR MSCI ACWI IMI (IMID.L).

SUKC.L and IMID.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SUKC.L is a passively managed fund by State Street that tracks the performance of the Markit iBoxx GBP NonGilts 1-5 TR. It was launched on Feb 17, 2014. IMID.L is a passively managed fund by State Street that tracks the performance of the MSCI ACWI NR USD. It was launched on May 13, 2011. Both SUKC.L and IMID.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.

Performance

SUKC.L vs. IMID.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) and SPDR MSCI ACWI IMI (IMID.L). The values are adjusted to include any dividend payments, if applicable.

SUKC.L vs. IMID.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SUKC.L SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF	-2.64%	3.90%	4.82%	7.17%	-5.78%	-0.79%	3.08%	4.66%	-0.43%	1.73%
IMID.L SPDR MSCI ACWI IMI	-95.95%	13.50%	18.15%	15.05%	-7.72%	19.37%	11.96%	21.15%	27.61%	2.87%

Different Trading Currencies

SUKC.L is traded in GBP, while IMID.L is traded in USD. To make them comparable, the IMID.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SUKC.L achieves a -2.64% return, which is significantly higher than IMID.L's -96.05% return. Over the past 10 years, SUKC.L has outperformed IMID.L with an annualized return of 1.84%, while IMID.L has yielded a comparatively lower -16.02% annualized return.

SUKC.L

• 1D: 0.17%
• 1M: -0.92%
• YTD: -2.64%
• 6M: -1.30%
• 1Y: -0.05%
• 3Y*: 3.89%
• 5Y*: 1.34%
• 10Y*: 1.84%

IMID.L

• 1D: 0.00%
• 1M: -5.88%
• YTD: -96.05%
• 6M: -95.94%
• 1Y: -95.33%
• 3Y*: -61.27%
• 5Y*: -42.35%
• 10Y*: -16.02%

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

SUKC.L vs. IMID.L - Expense Ratio Comparison

SUKC.L has a 0.20% expense ratio, which is lower than IMID.L's 0.40% expense ratio.

IMID.L

SPDR MSCI ACWI IMI

SUKC.L

SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF

Return for Risk

SUKC.L vs. IMID.L — Risk / Return Rank

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

SUKC.L

SUKC.L Risk / Return Rank: 10
SUKC.L Sharpe Ratio Rank: 11
SUKC.L Sortino Ratio Rank: 10
SUKC.L Omega Ratio Rank: 10
SUKC.L Calmar Ratio Rank: 10
SUKC.L Martin Ratio Rank: 10

IMID.L

IMID.L Risk / Return Rank: 1
IMID.L Sharpe Ratio Rank: 0
IMID.L Sortino Ratio Rank: 3
IMID.L Omega Ratio Rank: 0
IMID.L Calmar Ratio Rank: 0
IMID.L Martin Ratio Rank: 0

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.

SUKC.L vs. IMID.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) and SPDR MSCI ACWI IMI (IMID.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.

	SUKC.L	IMID.L	Difference
Sharpe ratio Return per unit of total volatility	-0.01	-0.99	+0.98
Sortino ratio Return per unit of downside risk	0.04	-0.82	+0.86
Omega ratio Gain probability vs. loss probability	1.01	0.49	+0.51
Calmar ratio Return relative to maximum drawdown	-0.07	-0.99	+0.92
Martin ratio Return relative to average drawdown	-0.15	-2.97	+2.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SUKC.L vs. IMID.L - Sharpe Ratio Comparison

The current SUKC.L Sharpe Ratio is -0.01, which is higher than the IMID.L Sharpe Ratio of -0.99. The chart below compares the historical Sharpe Ratios of SUKC.L and IMID.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SUKC.L	IMID.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	-0.99	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	-0.95	+1.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	-0.44	+0.84
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	-0.33	+0.80

Correlation

The correlation between SUKC.L and IMID.L is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SUKC.L vs. IMID.L - Dividend Comparison

Neither SUKC.L nor IMID.L has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SUKC.L SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF	0.00%	2.29%	4.41%	3.05%	1.76%	1.77%	1.97%	1.93%	1.88%	2.44%	2.40%	2.55%
IMID.L SPDR MSCI ACWI IMI	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SUKC.L vs. IMID.L - Drawdown Comparison

The maximum SUKC.L drawdown since its inception was -11.63%, smaller than the maximum IMID.L drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for SUKC.L and IMID.L.

Drawdown Indicators

	SUKC.L	IMID.L	Difference
Max Drawdown Largest peak-to-trough decline	-11.63%	-96.32%	+84.69%
Max Drawdown (1Y) Largest decline over 1 year	-3.75%	-96.32%	+92.57%
Max Drawdown (5Y) Largest decline over 5 years	-11.63%	-96.32%	+84.69%
Max Drawdown (10Y) Largest decline over 10 years	-11.63%	-96.32%	+84.69%
Current Drawdown Current decline from peak	-3.28%	-96.20%	+92.92%
Average Drawdown Average peak-to-trough decline	-1.39%	-12.28%	+10.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	32.08%	-30.37%

Volatility

SUKC.L vs. IMID.L - Volatility Comparison

The current volatility for SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) is 2.15%, while SPDR MSCI ACWI IMI (IMID.L) has a volatility of 3.58%. This indicates that SUKC.L experiences smaller price fluctuations and is considered to be less risky than IMID.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUKC.L	IMID.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.15%	3.58%	-1.43%
Volatility (6M) Calculated over the trailing 6-month period	5.45%	322.70%	-317.25%
Volatility (1Y) Calculated over the trailing 1-year period	7.44%	96.64%	-89.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	44.64%	-39.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.61%	35.97%	-31.36%