UHYG.L vs. SP5L.L
UHYG.L (Lyxor ESG USD High Yield (DR) UCITS ETF - Dist) and SP5L.L (Lyxor S&P 500 UCITS ETF - Acc) are both exchange-traded funds - UHYG.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD, while SP5L.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, UHYG.L returned 4.58%/yr vs 14.16%/yr for SP5L.L. A 0.52 correlation means they provide meaningful diversification when combined. UHYG.L charges 0.25%/yr vs 0.07%/yr for SP5L.L.
Performance
UHYG.L vs. SP5L.L - Performance Comparison
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Returns By Period
In the year-to-date period, UHYG.L achieves a 3.56% return, which is significantly lower than SP5L.L's 9.53% return.
UHYG.L
- 1D
- -0.36%
- 1M
- 2.33%
- YTD
- 3.56%
- 6M
- 4.12%
- 1Y
- 9.32%
- 3Y*
- 7.46%
- 5Y*
- 4.58%
- 10Y*
- —
SP5L.L
- 1D
- -1.07%
- 1M
- -0.10%
- YTD
- 9.53%
- 6M
- 9.69%
- 1Y
- 26.05%
- 3Y*
- 19.28%
- 5Y*
- 14.16%
- 10Y*
- 13.61%
UHYG.L vs. SP5L.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UHYG.L Lyxor ESG USD High Yield (DR) UCITS ETF - Dist | 3.56% | 1.29% | 9.76% | 5.64% | -1.69% | 4.49% | 2.15% | 9.59% | 3.46% | -2.78% |
SP5L.L Lyxor S&P 500 UCITS ETF - Acc | 9.53% | 9.50% | 27.60% | 19.99% | -8.84% | 31.19% | 13.92% | 26.93% | 1.00% | -5.12% |
Correlation
The correlation between UHYG.L and SP5L.L is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2016 | 0.52 |
The correlation between UHYG.L and SP5L.L has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
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Return for Risk
UHYG.L vs. SP5L.L — Risk / Return Rank
UHYG.L
SP5L.L
UHYG.L vs. SP5L.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor ESG USD High Yield (DR) UCITS ETF - Dist (UHYG.L) and Lyxor S&P 500 UCITS ETF - Acc (SP5L.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.
| UHYG.L | SP5L.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.44 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 3.60 | -1.00 |
| Martin ratioReturn relative to average drawdown | 7.81 | 12.74 | -4.93 |
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Drawdowns
UHYG.L vs. SP5L.L - Drawdown Comparison
The maximum UHYG.L drawdown since its inception was -25.48%, roughly equal to the maximum SP5L.L drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for UHYG.L and SP5L.L.
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Drawdown Indicators
| UHYG.L | SP5L.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.48% | -25.47% | -0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.57% | -7.20% | +3.63% |
Max Drawdown (3Y)Largest decline over 3 years | -9.52% | -21.12% | +11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -10.49% | -21.12% | +10.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.47% | — |
Current DrawdownCurrent decline from peak | -0.36% | -1.54% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -5.16% | -3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 2.04% | -0.85% |
Volatility
UHYG.L vs. SP5L.L - Volatility Comparison
The current volatility for Lyxor ESG USD High Yield (DR) UCITS ETF - Dist (UHYG.L) is 1.60%, while Lyxor S&P 500 UCITS ETF - Acc (SP5L.L) has a volatility of 3.75%. This indicates that UHYG.L experiences smaller price fluctuations and is considered to be less risky than SP5L.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UHYG.L | SP5L.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.60% | 3.75% | -2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.14% | 7.80% | -3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.76% | 10.97% | -5.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.06% | 18.80% | -10.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.65% | 17.97% | -7.32% |
UHYG.L vs. SP5L.L - Expense Ratio Comparison
UHYG.L has a 0.25% expense ratio, which is higher than SP5L.L's 0.07% 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
UHYG.L vs. SP5L.L - Dividend Comparison
UHYG.L's dividend yield for the trailing twelve months is around 5.64%, while SP5L.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SP5L.L Lyxor S&P 500 UCITS ETF - Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UHYG.L Lyxor ESG USD High Yield (DR) UCITS ETF - Dist | 5.64% | 5.84% | 3.44% | 6.01% | 5.93% | 6.98% | 6.97% | 6.59% | 5.42% | 4.11% |
Frequently Asked Questions
UHYG.L and SP5L.L have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SP5L.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SP5L.L is cheaper with a 0.07% expense ratio, compared with 0.25% for UHYG.L.
UHYG.L is categorized as High Yield Bonds, while SP5L.L is S&P 500. UHYG.L tracks Bloomberg US Corporate High Yield TR USD, while SP5L.L tracks S&P 500 Index. Their fees differ too: 0.25% for UHYG.L and 0.07% for SP5L.L.
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