USCA vs. SPCT

Last updated Jul 17, 2026

USCA (Xtrackers MSCI USA Climate Action Equity ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. USCA is passively managed, while SPCT is actively managed. At a 0.47 correlation, their price movements are largely independent. USCA charges 0.07%/yr vs 0.85%/yr for SPCT.

Performance

USCA vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI USA Climate Action Equity ETF (USCA) and Liberty One Spectrum ETF (SPCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USCA achieves a 7.11% return, which is significantly lower than SPCT's 9.92% return.

USCA

• 1D: -0.51%
• 1M: 1.13%
• 6M: 6.77%
• YTD: 7.11%
• 1Y: 15.41%
• 3Y*: 18.34%
• 5Y*: —
• 10Y*: —

SPCT

• 1D: 0.99%
• 1M: 1.35%
• 6M: 7.01%
• YTD: 9.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USCA vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
USCA Xtrackers MSCI USA Climate Action Equity ETF	7.11%	2.30%
SPCT Liberty One Spectrum ETF	9.92%	1.93%

Correlation

The correlation between USCA and SPCT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.47

Return for Risk

USCA vs. SPCT — Risk / Return Rank

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

USCA

USCA Risk / Return Rank: 40
USCA Sharpe Ratio Rank: 42
USCA Sortino Ratio Rank: 40
USCA Omega Ratio Rank: 40
USCA Calmar Ratio Rank: 36
USCA Martin Ratio Rank: 43

SPCT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

USCA vs. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Climate Action Equity ETF (USCA) and Liberty One Spectrum ETF (SPCT). 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.

	USCA	SPCT	Difference
Sharpe ratio: Return per unit of total volatility	1.22	—	—
Sortino ratio: Return per unit of downside risk	1.72	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.51	—	—
Martin ratio: Return relative to average drawdown	5.63	—	—

Drawdowns

USCA vs. SPCT - Drawdown Comparison

The maximum USCA drawdown since its inception was -19.14%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for USCA and SPCT.

Drawdown Indicators

	USCA	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-19.14%	-7.17%	-11.97%
Max Drawdown (1Y) Largest decline over 1 year	-10.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.14%	—	—
Current Drawdown Current decline from peak	-0.76%	0.00%	-0.76%
Average Drawdown Average peak-to-trough decline	-2.17%	-1.49%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	—	—

Volatility

Volatility by Period

	USCA	SPCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	9.27%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.76%	9.27%	+5.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.76%	9.27%	+5.49%

USCA vs. SPCT - Expense Ratio Comparison

USCA has a 0.07% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

USCA vs. SPCT - Dividend Comparison

USCA's dividend yield for the trailing twelve months is around 1.11%, more than SPCT's 0.73% yield.

Position	TTM	2025	2024	2023
SPCT Liberty One Spectrum ETF	0.73%	0.16%	0.00%	0.00%
USCA Xtrackers MSCI USA Climate Action Equity ETF	1.11%	1.14%	1.22%	1.15%

Frequently Asked Questions

Can I hold both USCA and SPCT in my portfolio?

USCA and SPCT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USCA or SPCT?

On fees, USCA is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USCA or SPCT?

USCA is cheaper with a 0.07% expense ratio, compared with 0.85% for SPCT.

Which ETF pays a higher dividend yield, USCA or SPCT?

USCA has the higher dividend yield at 1.11%, compared with 0.73% for SPCT.

What is the main difference between USCA and SPCT?

They also come from different issuers: Xtrackers and Liberty One. Their fees differ too: 0.07% for USCA and 0.85% for SPCT.