SUWS.L vs. SPXS.L
SUWS.L (iShares MSCI World SRI UCITS ETF USD (Dist)) and SPXS.L (Invesco S&P 500 UCITS ETF) are both Global Equities funds - SUWS.L tracks the iShares MSCI World SRI UCITS ETF USD (Dist) while SPXS.L tracks the Invesco S&P 500 UCITS ETF. Both are passively managed. Over the past 5 years, SUWS.L returned 9.18%/yr vs -54.94%/yr for SPXS.L. Their correlation of 0.93 suggests significant overlap in exposure. SUWS.L charges 0.20%/yr vs 0.05%/yr for SPXS.L.
Performance
SUWS.L vs. SPXS.L - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SUWS.L having a 10.37% return and SPXS.L slightly lower at 10.20%.
SUWS.L
- 1D
- -0.43%
- 1M
- -1.35%
- 6M
- 8.12%
- YTD
- 10.37%
- 1Y
- 18.55%
- 3Y*
- 13.89%
- 5Y*
- 9.18%
- 10Y*
- —
SPXS.L
- 1D
- -0.12%
- 1M
- -0.05%
- 6M
- 9.96%
- YTD
- 10.20%
- 1Y
- -98.78%
- 3Y*
- -74.11%
- 5Y*
- -54.94%
- 10Y*
- -27.39%
SUWS.L vs. SPXS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUWS.L iShares MSCI World SRI UCITS ETF USD (Dist) | 10.37% | 14.86% | 11.22% | 25.16% | -21.20% | 25.32% | 21.04% | 29.76% | -7.49% | 4.80% |
SPXS.L Invesco S&P 500 UCITS ETF | 10.20% | -98.82% | 25.56% | 27.00% | -18.53% | 29.64% | 17.89% | 30.86% | -5.19% | 6.13% |
Correlation
The correlation between SUWS.L and SPXS.L is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2017 | 0.93 |
The correlation between SUWS.L and SPXS.L has been stable across timeframes, ranging from 0.89 to 0.93 - a consistent structural relationship.
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Return for Risk
SUWS.L vs. SPXS.L — Risk / Return Rank
SUWS.L
SPXS.L
SUWS.L vs. SPXS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World SRI UCITS ETF USD (Dist) (SUWS.L) and Invesco S&P 500 UCITS ETF (SPXS.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.
| SUWS.L | SPXS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.40 | ||
| Sortino ratioReturn per unit of downside risk | +2.92 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.52 | +0.73 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | -1.00 | +3.04 |
| Martin ratioReturn relative to average drawdown | 7.87 | -1.23 | +9.09 |
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Drawdowns
SUWS.L vs. SPXS.L - Drawdown Comparison
The maximum SUWS.L drawdown since its inception was -31.97%, smaller than the maximum SPXS.L drawdown of -99.07%. Use the drawdown chart below to compare losses from any high point for SUWS.L and SPXS.L.
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Drawdown Indicators
| SUWS.L | SPXS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.97% | -99.07% | +67.10% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -99.07% | +89.51% |
Max Drawdown (3Y)Largest decline over 3 years | -17.81% | -99.07% | +81.26% |
Max Drawdown (5Y)Largest decline over 5 years | -29.06% | -99.07% | +70.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.07% | — |
Current DrawdownCurrent decline from peak | -1.78% | -98.90% | +97.12% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -7.67% | +2.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 80.57% | -78.08% |
Volatility
SUWS.L vs. SPXS.L - Volatility Comparison
iShares MSCI World SRI UCITS ETF USD (Dist) (SUWS.L) has a higher volatility of 4.00% compared to Invesco S&P 500 UCITS ETF (SPXS.L) at 2.73%. This indicates that SUWS.L's price experiences larger fluctuations and is considered to be riskier than SPXS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SUWS.L | SPXS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 2.73% | +1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 9.24% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 99.43% | -85.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.40% | 47.13% | -30.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 35.27% | -18.42% |
SUWS.L vs. SPXS.L - Expense Ratio Comparison
SUWS.L has a 0.20% expense ratio, which is higher than SPXS.L's 0.05% 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
SUWS.L vs. SPXS.L - Dividend Comparison
SUWS.L's dividend yield for the trailing twelve months is around 1.20%, while SPXS.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SPXS.L Invesco S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SUWS.L iShares MSCI World SRI UCITS ETF USD (Dist) | 1.20% | 1.21% | 1.41% | 1.52% | 1.71% | 1.20% | 1.21% | 1.70% | 2.26% |
Frequently Asked Questions
SUWS.L and SPXS.L have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPXS.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPXS.L is cheaper with a 0.05% expense ratio, compared with 0.20% for SUWS.L.
SUWS.L tracks iShares MSCI World SRI UCITS ETF USD (Dist), while SPXS.L tracks Invesco S&P 500 UCITS ETF. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.20% for SUWS.L and 0.05% for SPXS.L.
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