PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
USSC.L vs. ISP6.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

USSC.L vs. ISP6.L

Last updated Jun 4, 2026

USSC.L (SPDR MSCI USA Small Cap Value Weighted UCITS ETF) and ISP6.L (iShares S&P SmallCap 600 UCITS ETF) are both exchange-traded funds - USSC.L is a Small Cap Value Equities fund tracking the MSCI USA Small Cap Value Weighted Index, while ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD. Both are passively managed. Over the past 10 years, USSC.L returned 12.01%/yr vs 10.22%/yr for ISP6.L. Their correlation of 0.92 suggests significant overlap in exposure. USSC.L charges 0.30%/yr vs 0.40%/yr for ISP6.L.

Performance

USSC.L vs. ISP6.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) and iShares S&P SmallCap 600 UCITS ETF (ISP6.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

USSC.L is traded in USD, while ISP6.L is traded in GBp. To make them comparable, the ISP6.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, USSC.L achieves a 12.93% return, which is significantly lower than ISP6.L's 13.93% return. Over the past 10 years, USSC.L has outperformed ISP6.L with an annualized return of 12.01%, while ISP6.L has yielded a comparatively lower 10.22% annualized return.

USSC.L

1D
-0.49%
1M
0.86%
YTD
12.93%
6M
13.58%
1Y
35.93%
3Y*
19.32%
5Y*
9.49%
10Y*
12.01%

ISP6.L

1D
-0.47%
1M
1.47%
YTD
13.93%
6M
14.41%
1Y
31.77%
3Y*
14.47%
5Y*
5.29%
10Y*
10.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USSC.L vs. ISP6.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
USSC.L
SPDR MSCI USA Small Cap Value Weighted UCITS ETF		12.93%14.73%8.33%23.17%-10.14%35.22%8.76%23.19%-15.30%9.79%
ISP6.L
iShares S&P SmallCap 600 UCITS ETF		13.93%6.57%6.95%16.83%-16.69%26.70%10.14%22.22%-9.96%12.86%

Correlation

The correlation between USSC.L and ISP6.L is 0.90, 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

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.93

Correlation (5Y)
Calculated over the trailing 5-year period

0.94

Correlation (10Y)
Calculated over the trailing 10-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Feb 23, 2015

0.92

The correlation between USSC.L and ISP6.L has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

USSC.L vs. ISP6.L - Sectors Allocation Comparison

Sectors
USSC.L
ISP6.L

Financial Services

19.8%
16.8%

Industrials

14.7%
15.1%

Consumer Cyclical

14.0%
12.7%

Energy

11.2%
5.8%

Technology

9.4%
17.0%

Healthcare

7.5%
11.0%

Real Estate

6.2%
7.6%

Basic Materials

6.1%
4.9%

Consumer Defensive

6.0%
3.6%

Communication Services

2.7%
3.5%

Utilities

2.5%
1.9%

Financial Services

USSC.L
19.8%
ISP6.L
16.8%

Industrials

USSC.L
14.7%
ISP6.L
15.1%

Consumer Cyclical

USSC.L
14.0%
ISP6.L
12.7%

Energy

USSC.L
11.2%
ISP6.L
5.8%

Technology

USSC.L
9.4%
ISP6.L
17.0%

Healthcare

USSC.L
7.5%
ISP6.L
11.0%

Real Estate

USSC.L
6.2%
ISP6.L
7.6%

Basic Materials

USSC.L
6.1%
ISP6.L
4.9%

Consumer Defensive

USSC.L
6.0%
ISP6.L
3.6%

Communication Services

USSC.L
2.7%
ISP6.L
3.5%

Utilities

USSC.L
2.5%
ISP6.L
1.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR MSCI USA Small Cap Value Weighted UCITS ETF

iShares S&P SmallCap 600 UCITS ETF

Often compared with USSC.L:
USSC.L vs. R2SC.LUSSC.L vs. SPYUSSC.L vs. SLYVUSSC.L vs. IEUSUSSC.L vs. VBRUSSC.L vs. IMID.LUSSC.L vs. MOGB.L
Often compared with ISP6.L:
ISP6.L vs. IJRISP6.L vs. IEEM.LISP6.L vs. IWMISP6.L vs. CSPX.ASISP6.L vs. VIGISP6.L vs. VOOISP6.L vs. IJt

Return for Risk

USSC.L vs. ISP6.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
USSC.L
USSC.L Risk / Return Rank: 7171
Overall Rank
USSC.L Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
USSC.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
USSC.L Omega Ratio Rank: 6262
Omega Ratio Rank
USSC.L Calmar Ratio Rank: 8282
Calmar Ratio Rank
USSC.L Martin Ratio Rank: 7474
Martin Ratio Rank
ISP6.L
ISP6.L Risk / Return Rank: 7070
Overall Rank
ISP6.L Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
ISP6.L Sortino Ratio Rank: 6262
Sortino Ratio Rank
ISP6.L Omega Ratio Rank: 6161
Omega Ratio Rank
ISP6.L Calmar Ratio Rank: 8787
Calmar Ratio Rank
ISP6.L Martin Ratio Rank: 7878
Martin Ratio Rank
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.

USSC.L vs. ISP6.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) and iShares S&P SmallCap 600 UCITS ETF (ISP6.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.

USSC.LISP6.LDifference
Sharpe ratioReturn per unit of total volatility
2.24
1.93

+0.31

Sortino ratioReturn per unit of downside risk
3.28
2.86

+0.41

Omega ratioGain probability vs. loss probability

1.38

1.33

+0.06

Calmar ratioReturn relative to maximum drawdown

4.40

3.85

+0.56

Martin ratioReturn relative to average drawdown

14.10

11.59

+2.51

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USSC.L vs. ISP6.L - Sharpe Ratio Comparison

The current USSC.L Sharpe Ratio is 2.24, which is comparable to the ISP6.L Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of USSC.L and ISP6.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.

Loading charts...

Sharpe Ratios by Period

USSC.LISP6.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.24

1.93

+0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

0.26

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.47

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.44

+0.01

Drawdowns

USSC.L vs. ISP6.L - Drawdown Comparison

The maximum USSC.L drawdown since its inception was -48.99%, roughly equal to the maximum ISP6.L drawdown of -50.11%. Use the drawdown chart below to compare losses from any high point for USSC.L and ISP6.L.

Loading charts...

Drawdown Indicators

USSC.LISP6.LDifference

Max Drawdown

Largest peak-to-trough decline

-48.99%

-50.11%

+1.12%

Max Drawdown (1Y)

Largest decline over 1 year

-8.12%

-8.22%

+0.10%

Max Drawdown (3Y)

Largest decline over 3 years

-27.47%

-28.89%

+1.42%

Max Drawdown (5Y)

Largest decline over 5 years

-27.47%

-28.89%

+1.42%

Max Drawdown (10Y)

Largest decline over 10 years

-48.99%

-45.15%

-3.84%

Current Drawdown

Current decline from peak

-0.49%

-1.09%

+0.60%

Average Drawdown

Average peak-to-trough decline

-7.70%

-8.68%

+0.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.54%

2.73%

-0.19%

Volatility

USSC.L vs. ISP6.L - Volatility Comparison

The current volatility for SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) is 4.04%, while iShares S&P SmallCap 600 UCITS ETF (ISP6.L) has a volatility of 4.35%. This indicates that USSC.L experiences smaller price fluctuations and is considered to be less risky than ISP6.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

USSC.LISP6.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.04%

4.35%

-0.31%

Volatility (6M)

Calculated over the trailing 6-month period

10.08%

10.86%

-0.78%

Volatility (1Y)

Calculated over the trailing 1-year period

16.01%

16.45%

-0.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.62%

20.69%

+0.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.82%

21.48%

+1.34%

USSC.L vs. ISP6.L - Expense Ratio Comparison

USSC.L has a 0.30% expense ratio, which is lower than ISP6.L's 0.40% expense ratio.

Dividends

USSC.L vs. ISP6.L - Dividend Comparison

USSC.L has not paid dividends to shareholders, while ISP6.L's dividend yield for the trailing twelve months is around 1.03%.

PositionTTM20252024202320222021202020192018201720162015
ISP6.L
iShares S&P SmallCap 600 UCITS ETF		1.03%1.22%1.15%1.08%1.00%0.65%0.94%0.97%0.96%0.78%0.77%0.53%
USSC.L
SPDR MSCI USA Small Cap Value Weighted UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.90, USSC.L and ISP6.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, USSC.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

USSC.L is cheaper with a 0.30% expense ratio, compared with 0.40% for ISP6.L.

USSC.L is categorized as Small Cap Value Equities, while ISP6.L is Small Cap Blend Equities. USSC.L tracks MSCI USA Small Cap Value Weighted Index, while ISP6.L tracks Russell 2000 TR USD. They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for USSC.L and 0.40% for ISP6.L.

Portfolio Optimizer

Find the right allocation for USSC.L and ISP6.L

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