SUSW.L vs. ESGU.DE
SUSW.L (iShares MSCI World SRI UCITS ETF EUR (Acc)) and ESGU.DE (Invesco MSCI USA ESG Universal Screened UCITS ETF Acc) are both exchange-traded funds - SUSW.L is a Global Equities fund tracking the MSCI ACWI NR USD, while ESGU.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Universal Select Business Screens. Both are passively managed. Over the past 5 years, SUSW.L returned 10.29%/yr vs 13.15%/yr for ESGU.DE. Their correlation of 0.91 suggests significant overlap in exposure. SUSW.L charges 0.20%/yr vs 0.09%/yr for ESGU.DE.
Performance
SUSW.L vs. ESGU.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SUSW.L having a 13.57% return and ESGU.DE slightly lower at 13.00%.
SUSW.L
- 1D
- 0.07%
- 1M
- 3.83%
- YTD
- 13.57%
- 6M
- 13.57%
- 1Y
- 22.76%
- 3Y*
- 13.96%
- 5Y*
- 10.29%
- 10Y*
- —
ESGU.DE
- 1D
- -0.66%
- 1M
- 1.71%
- YTD
- 13.00%
- 6M
- 13.38%
- 1Y
- 25.98%
- 3Y*
- 19.27%
- 5Y*
- 13.15%
- 10Y*
- —
SUSW.L vs. ESGU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SUSW.L iShares MSCI World SRI UCITS ETF EUR (Acc) | 13.57% | 1.84% | 18.33% | 20.84% | -16.40% | 35.65% | 10.76% | 13.56% |
ESGU.DE Invesco MSCI USA ESG Universal Screened UCITS ETF Acc | 13.00% | 3.01% | 31.66% | 23.96% | -17.68% | 39.96% | 12.26% | 1.82% |
Correlation
The correlation between SUSW.L and ESGU.DE is 0.88, 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 | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019 | 0.91 |
The correlation between SUSW.L and ESGU.DE has been stable across timeframes, ranging from 0.88 to 0.91 - 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
SUSW.L vs. ESGU.DE — Risk / Return Rank
SUSW.L
ESGU.DE
SUSW.L vs. ESGU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L) and Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE). 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.
| SUSW.L | ESGU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.38 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 3.21 | -0.31 |
| Martin ratioReturn relative to average drawdown | 10.76 | 11.11 | -0.35 |
Loading charts...
Drawdowns
SUSW.L vs. ESGU.DE - Drawdown Comparison
The maximum SUSW.L drawdown since its inception was -32.09%, roughly equal to the maximum ESGU.DE drawdown of -32.64%. Use the drawdown chart below to compare losses from any high point for SUSW.L and ESGU.DE.
Loading charts...
Drawdown Indicators
| SUSW.L | ESGU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.09% | -32.64% | +0.55% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -8.05% | +0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -21.09% | -23.69% | +2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -21.09% | -23.69% | +2.60% |
Current DrawdownCurrent decline from peak | -0.65% | -0.66% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -5.68% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 2.33% | -0.22% |
Volatility
SUSW.L vs. ESGU.DE - Volatility Comparison
iShares MSCI World SRI UCITS ETF EUR (Acc) (SUSW.L) and Invesco MSCI USA ESG Universal Screened UCITS ETF Acc (ESGU.DE) have volatilities of 3.48% and 3.64%, 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.
Loading charts...
Volatility by Period
| SUSW.L | ESGU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.48% | 3.64% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 9.42% | 8.57% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.48% | 12.31% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 15.71% | -1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.08% | 17.92% | -1.84% |
SUSW.L vs. ESGU.DE - Expense Ratio Comparison
SUSW.L has a 0.20% expense ratio, which is higher than ESGU.DE's 0.09% 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
SUSW.L vs. ESGU.DE - Dividend Comparison
Neither SUSW.L nor ESGU.DE has paid dividends to shareholders.
Frequently Asked Questions
SUSW.L and ESGU.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESGU.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESGU.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for SUSW.L.
SUSW.L is categorized as Global Equities, while ESGU.DE is Large Cap Blend Equities. SUSW.L tracks MSCI ACWI NR USD, while ESGU.DE tracks MSCI USA ESG Universal Select Business Screens. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.20% for SUSW.L and 0.09% for ESGU.DE.
Find the right allocation for SUSW.L and ESGU.DE
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