SUOE.L vs. SUKC.L
SUOE.L (iShares EUR Corporate Bond ESG UCITS ETF (Dist)) and SUKC.L (SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF) are both European Corporate Bonds funds - SUOE.L tracks the Bloomberg Euro Corp TR EUR while SUKC.L tracks the Markit iBoxx GBP NonGilts 1-5 TR. Both are passively managed. Over the past 5 years, SUOE.L returned 0.03%/yr vs 1.36%/yr for SUKC.L. At a 0.31 correlation, their price movements are largely independent. SUOE.L charges 0.15%/yr vs 0.20%/yr for SUKC.L.
Performance
SUOE.L vs. SUKC.L - Performance Comparison
Loading charts...
Different Trading Currencies
SUOE.L is traded in EUR, while SUKC.L is traded in GBP. To make them comparable, the SUKC.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SUOE.L achieves a 0.57% return, which is significantly higher than SUKC.L's -0.57% return.
SUOE.L
- 1D
- 0.15%
- 1M
- 0.35%
- YTD
- 0.57%
- 6M
- 0.57%
- 1Y
- 2.19%
- 3Y*
- 4.51%
- 5Y*
- 0.03%
- 10Y*
- —
SUKC.L
- 1D
- 0.13%
- 1M
- 0.35%
- YTD
- -0.57%
- 6M
- -0.08%
- 1Y
- -2.70%
- 3Y*
- 4.41%
- 5Y*
- 1.36%
- 10Y*
- 0.88%
SUOE.L vs. SUKC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SUOE.L iShares EUR Corporate Bond ESG UCITS ETF (Dist) | 0.57% | 2.96% | 4.25% | 7.30% | -13.15% | -1.22% | 2.57% | 6.04% | -0.59% |
SUKC.L SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF | -0.57% | -1.52% | 9.87% | 9.44% | -10.63% | 5.66% | -2.52% | 11.31% | -2.11% |
Correlation
The correlation between SUOE.L and SUKC.L is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2018 | 0.31 |
The correlation between SUOE.L and SUKC.L shifts across timeframes, from 0.26 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SUOE.L vs. SUKC.L — Risk / Return Rank
SUOE.L
SUKC.L
SUOE.L vs. SUKC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ESG UCITS ETF (Dist) (SUOE.L) and SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.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.
| SUOE.L | SUKC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.95 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | -0.54 | +1.23 |
| Martin ratioReturn relative to average drawdown | 2.44 | -0.87 | +3.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SUOE.L | SUKC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | -0.35 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.18 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.19 | -0.02 |
Drawdowns
SUOE.L vs. SUKC.L - Drawdown Comparison
The maximum SUOE.L drawdown since its inception was -17.06%, smaller than the maximum SUKC.L drawdown of -26.12%. Use the drawdown chart below to compare losses from any high point for SUOE.L and SUKC.L.
Loading charts...
Drawdown Indicators
| SUOE.L | SUKC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.06% | -26.12% | +9.06% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -5.18% | +2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -2.72% | -6.14% | +3.42% |
Max Drawdown (5Y)Largest decline over 5 years | -17.06% | -16.49% | -0.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.11% | — |
Current DrawdownCurrent decline from peak | -1.09% | -3.83% | +2.74% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -9.09% | +4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 3.24% | -2.47% |
Volatility
SUOE.L vs. SUKC.L - Volatility Comparison
The current volatility for iShares EUR Corporate Bond ESG UCITS ETF (Dist) (SUOE.L) is 1.24%, while SPDR Bloomberg 0-5 Year Sterling Corporate Bond UCITS ETF (SUKC.L) has a volatility of 1.74%. This indicates that SUOE.L experiences smaller price fluctuations and is considered to be less risky than SUKC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SUOE.L | SUKC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 1.74% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 5.21% | -2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.10% | 8.12% | -5.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.80% | 7.44% | -2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.49% | 8.77% | -3.28% |
SUOE.L vs. SUKC.L - Expense Ratio Comparison
SUOE.L has a 0.15% expense ratio, which is lower than SUKC.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SUOE.L vs. SUKC.L - Dividend Comparison
SUOE.L's dividend yield for the trailing twelve months is around 3.27%, while SUKC.L has not paid dividends to shareholders.
| Position | 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% |
SUOE.L iShares EUR Corporate Bond ESG UCITS ETF (Dist) | 3.27% | 3.23% | 3.18% | 2.52% | 0.83% | 0.47% | 0.57% | 0.77% | 0.30% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SUOE.L and SUKC.L have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUOE.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUOE.L is cheaper with a 0.15% expense ratio, compared with 0.20% for SUKC.L.
SUOE.L tracks Bloomberg Euro Corp TR EUR, while SUKC.L tracks Markit iBoxx GBP NonGilts 1-5 TR. They also come from different issuers: iShares and State Street. Their fees differ too: 0.15% for SUOE.L and 0.20% for SUKC.L.
Find the right allocation for SUOE.L and SUKC.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer