SXLY.L vs. IMID.L

Last updated Jun 5, 2026

SXLY.L (SPDR S&P US Consumer Discretionary Select Sector UCITS ETF) and IMID.L (SPDR MSCI ACWI IMI) are both exchange-traded funds - SXLY.L is a Consumer Discretionary Equities fund tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while IMID.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, SXLY.L returned 9.33%/yr vs 10.97%/yr for IMID.L. Their correlation of 0.82 suggests significant overlap in exposure. SXLY.L charges 0.15%/yr vs 0.40%/yr for IMID.L.

Performance

SXLY.L vs. IMID.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (SXLY.L) and SPDR MSCI ACWI IMI (IMID.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SXLY.L achieves a -0.37% return, which is significantly lower than IMID.L's 12.35% return.

SXLY.L

• 1D: 0.23%
• 1M: -1.91%
• YTD: -0.37%
• 6M: 0.46%
• 1Y: 12.73%
• 3Y*: 17.11%
• 5Y*: 9.33%
• 10Y*: 13.42%

IMID.L

• 1D: 0.04%
• 1M: 2.74%
• YTD: 12.35%
• 6M: 13.42%
• 1Y: 29.62%
• 3Y*: 20.83%
• 5Y*: 10.97%
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SXLY.L SPDR S&P US Consumer Discretionary Select Sector UCITS ETF	-0.37%	8.34%	29.22%	41.53%	-34.41%	27.96%	28.33%	27.87%	-5.55%
IMID.L SPDR MSCI ACWI IMI	12.35%	22.16%	16.31%	21.65%	-17.64%	17.85%	16.14%	25.35%	-9.90%

Correlation

The correlation between SXLY.L and IMID.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	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since May 30, 2018	0.82

The correlation between SXLY.L and IMID.L shifts across timeframes, from 0.71 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.

SXLY.L vs. IMID.L - Sectors Allocation Comparison

Sectors	SXLY.L	IMID.L
Consumer Cyclical	99.1%	9.7%
Technology	0.8%	9.6%
Industrials	0.1%	19.5%
Basic Materials	-	8.2%
Communication Services	-	3.1%
Consumer Defensive	-	9.7%
Energy	-	1.6%
Financial Services	-	13.0%
Healthcare	-	9.6%
Real Estate	-	8.0%
Utilities	-	3.3%

Return for Risk

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

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

SXLY.L

SXLY.L Risk / Return Rank: 21
SXLY.L Sharpe Ratio Rank: 22
SXLY.L Sortino Ratio Rank: 22
SXLY.L Omega Ratio Rank: 21
SXLY.L Calmar Ratio Rank: 21
SXLY.L Martin Ratio Rank: 22

IMID.L

IMID.L Risk / Return Rank: 75
IMID.L Sharpe Ratio Rank: 74
IMID.L Sortino Ratio Rank: 80
IMID.L Omega Ratio Rank: 75
IMID.L Calmar Ratio Rank: 70
IMID.L Martin Ratio Rank: 75

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.

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

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (SXLY.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.

	SXLY.L	IMID.L	Difference
Sharpe ratio: Return per unit of total volatility	0.72	2.37	-1.65
Sortino ratio: Return per unit of downside risk	1.15	3.52	-2.37
Omega ratio: Gain probability vs. loss probability	1.13	1.44	-0.31
Calmar ratio: Return relative to maximum drawdown	0.88	3.43	-2.55
Martin ratio: Return relative to average drawdown	2.69	14.20	-11.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current SXLY.L Sharpe Ratio is 0.72, which is lower than the IMID.L Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of SXLY.L and IMID.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SXLY.L	IMID.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	2.37	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.71	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.56	+0.04

Drawdowns

SXLY.L vs. IMID.L - Drawdown Comparison

The maximum SXLY.L drawdown since its inception was -37.79%, roughly equal to the maximum IMID.L drawdown of -39.56%. Use the drawdown chart below to compare losses from any high point for SXLY.L and IMID.L.

Drawdown Indicators

	SXLY.L	IMID.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.79%	-39.56%	+1.77%
Max Drawdown (1Y) Largest decline over 1 year	-15.06%	-8.69%	-6.37%
Max Drawdown (3Y) Largest decline over 3 years	-25.31%	-17.21%	-8.10%
Max Drawdown (5Y) Largest decline over 5 years	-37.79%	-26.07%	-11.72%
Max Drawdown (10Y) Largest decline over 10 years	-37.79%	—	—
Current Drawdown Current decline from peak	-4.33%	-0.64%	-3.69%
Average Drawdown Average peak-to-trough decline	-7.89%	-5.40%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.95%	2.11%	+2.84%

Volatility

SXLY.L vs. IMID.L - Volatility Comparison

SPDR S&P US Consumer Discretionary Select Sector UCITS ETF (SXLY.L) has a higher volatility of 6.13% compared to SPDR MSCI ACWI IMI (IMID.L) at 3.74%. This indicates that SXLY.L's price experiences larger fluctuations and is considered to be riskier than IMID.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SXLY.L	IMID.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.13%	3.74%	+2.39%
Volatility (6M) Calculated over the trailing 6-month period	14.49%	9.93%	+4.56%
Volatility (1Y) Calculated over the trailing 1-year period	18.52%	12.60%	+5.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.52%	15.53%	+6.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.10%	21.23%	-0.13%

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

SXLY.L has a 0.15% expense ratio, which is lower than IMID.L's 0.40% expense ratio.

Dividends

SXLY.L vs. IMID.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SXLY.L and IMID.L in my portfolio?

SXLY.L and IMID.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.

Which ETF is better, SXLY.L or IMID.L?

On fees, SXLY.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SXLY.L or IMID.L?

SXLY.L is cheaper with a 0.15% expense ratio, compared with 0.40% for IMID.L.

What is the main difference between SXLY.L and IMID.L?

SXLY.L is categorized as Consumer Discretionary Equities, while IMID.L is Global Equities. SXLY.L tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while IMID.L tracks MSCI ACWI NR USD. Their fees differ too: 0.15% for SXLY.L and 0.40% for IMID.L.