SUSM.L vs. SUAS.L
SUSM.L (iShares MSCI EM SRI UCITS ETF USD (Acc)) and SUAS.L (iShares MSCI USA SRI UCITS ETF USD (Acc)) are both exchange-traded funds - SUSM.L is a Emerging Markets Equities fund tracking the MSCI EM SRI Select Reduced Fossil Fuel Index, while SUAS.L is a ESG fund tracking the MSCI USA SRI Select Reduced Fossil Fuel Index. Both are passively managed. Over the past 10 years, SUSM.L returned 7.35%/yr vs 15.00%/yr for SUAS.L. A 0.62 correlation means they provide meaningful diversification when combined. SUSM.L charges 0.25%/yr vs 0.20%/yr for SUAS.L.
Performance
SUSM.L vs. SUAS.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SUSM.L achieves a 11.15% return, which is significantly lower than SUAS.L's 14.45% return. Over the past 10 years, SUSM.L has underperformed SUAS.L with an annualized return of 7.35%, while SUAS.L has yielded a comparatively higher 15.00% annualized return.
SUSM.L
- 1D
- -2.20%
- 1M
- -3.44%
- 6M
- 7.02%
- YTD
- 11.15%
- 1Y
- 26.42%
- 3Y*
- 14.28%
- 5Y*
- 3.48%
- 10Y*
- 7.35%
SUAS.L
- 1D
- -0.39%
- 1M
- 0.93%
- 6M
- 11.72%
- YTD
- 14.45%
- 1Y
- 21.69%
- 3Y*
- 15.37%
- 5Y*
- 10.75%
- 10Y*
- 15.00%
SUSM.L vs. SUAS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUSM.L iShares MSCI EM SRI UCITS ETF USD (Acc) | 11.15% | 32.23% | 4.76% | 1.17% | -18.34% | -1.05% | 19.02% | 14.88% | -10.27% | 34.67% |
SUAS.L iShares MSCI USA SRI UCITS ETF USD (Acc) | 14.45% | 10.91% | 14.06% | 24.41% | -18.71% | 31.16% | 25.97% | 31.53% | -2.27% | 22.82% |
Correlation
The correlation between SUSM.L and SUAS.L is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2016 | 0.62 |
The correlation between SUSM.L and SUAS.L has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.
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
SUSM.L vs. SUAS.L — Risk / Return Rank
SUSM.L
SUAS.L
SUSM.L vs. SUAS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) and iShares MSCI USA SRI UCITS ETF USD (Acc) (SUAS.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.
| SUSM.L | SUAS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 2.48 | -0.34 |
| Martin ratioReturn relative to average drawdown | 6.76 | 9.39 | -2.63 |
Loading charts...
Drawdowns
SUSM.L vs. SUAS.L - Drawdown Comparison
The maximum SUSM.L drawdown since its inception was -40.77%, which is greater than SUAS.L's maximum drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for SUSM.L and SUAS.L.
Loading charts...
Drawdown Indicators
| SUSM.L | SUAS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.77% | -33.26% | -7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -12.30% | -8.70% | -3.60% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -19.82% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -33.89% | -25.41% | -8.48% |
Max Drawdown (10Y)Largest decline over 10 years | -40.77% | -33.26% | -7.51% |
Current DrawdownCurrent decline from peak | -7.30% | -1.81% | -5.49% |
Average DrawdownAverage peak-to-trough decline | -13.80% | -4.52% | -9.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.30% | +1.60% |
Volatility
SUSM.L vs. SUAS.L - Volatility Comparison
iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) has a higher volatility of 8.53% compared to iShares MSCI USA SRI UCITS ETF USD (Acc) (SUAS.L) at 4.73%. This indicates that SUSM.L's price experiences larger fluctuations and is considered to be riskier than SUAS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SUSM.L | SUAS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 4.73% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 18.07% | 11.14% | +6.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.40% | 13.64% | +6.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.64% | 16.75% | +2.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.32% | 16.76% | +3.56% |
SUSM.L vs. SUAS.L - Expense Ratio Comparison
SUSM.L has a 0.25% expense ratio, which is higher than SUAS.L's 0.20% 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
SUSM.L vs. SUAS.L - Dividend Comparison
Neither SUSM.L nor SUAS.L has paid dividends to shareholders.
Frequently Asked Questions
SUSM.L and SUAS.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUAS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUAS.L is cheaper with a 0.20% expense ratio, compared with 0.25% for SUSM.L.
SUSM.L is categorized as Emerging Markets Equities, while SUAS.L is ESG. SUSM.L tracks MSCI EM SRI Select Reduced Fossil Fuel Index, while SUAS.L tracks MSCI USA SRI Select Reduced Fossil Fuel Index. Their fees differ too: 0.25% for SUSM.L and 0.20% for SUAS.L.
Find the right allocation for SUSM.L and SUAS.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