USVL.L vs. UC07.L
USVL.L (State Street SPDR MSCI USA Value UCITS ETF USD (Acc)) and UC07.L (UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis) are both Large Cap Value Equities funds - USVL.L tracks the MSCI USA Value Exposure Select Index while UC07.L tracks the Russell 1000 Value TR USD. Both are passively managed. Over the past 10 years, USVL.L returned 12.16%/yr vs 10.14%/yr for UC07.L. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.20% expense ratio.
Performance
USVL.L vs. UC07.L - Performance Comparison
Loading charts...
Different Trading Currencies
USVL.L is traded in USD, while UC07.L is traded in GBp. To make them comparable, the UC07.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, USVL.L achieves a 24.47% return, which is significantly higher than UC07.L's 11.47% return. Over the past 10 years, USVL.L has outperformed UC07.L with an annualized return of 12.16%, while UC07.L has yielded a comparatively lower 10.14% annualized return.
USVL.L
- 1D
- 0.16%
- 1M
- -2.10%
- 6M
- 20.13%
- YTD
- 24.47%
- 1Y
- 49.93%
- 3Y*
- 22.22%
- 5Y*
- 12.22%
- 10Y*
- 12.16%
UC07.L
- 1D
- -0.23%
- 1M
- 1.87%
- 6M
- 8.53%
- YTD
- 11.47%
- 1Y
- 19.29%
- 3Y*
- 14.95%
- 5Y*
- 9.76%
- 10Y*
- 10.14%
USVL.L vs. UC07.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USVL.L State Street SPDR MSCI USA Value UCITS ETF USD (Acc) | 24.47% | 28.52% | 4.90% | 15.93% | -15.04% | 29.87% | 1.93% | 26.43% | -10.49% | 16.19% |
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 11.47% | 13.98% | 13.49% | 8.53% | -6.48% | 27.59% | -0.66% | 25.35% | -8.62% | 14.78% |
Correlation
The correlation between USVL.L and UC07.L is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2015 | 0.81 |
The correlation between USVL.L and UC07.L has been stable across timeframes, ranging from 0.73 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USVL.L vs. UC07.L — Risk / Return Rank
USVL.L
UC07.L
USVL.L vs. UC07.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI USA Value UCITS ETF USD (Acc) (USVL.L) and UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.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.
| USVL.L | UC07.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.36 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 6.42 | 2.77 | +3.65 |
| Martin ratioReturn relative to average drawdown | 19.17 | 11.02 | +8.16 |
Loading charts...
Drawdowns
USVL.L vs. UC07.L - Drawdown Comparison
The maximum USVL.L drawdown since its inception was -40.24%, roughly equal to the maximum UC07.L drawdown of -41.64%. Use the drawdown chart below to compare losses from any high point for USVL.L and UC07.L.
Loading charts...
Drawdown Indicators
| USVL.L | UC07.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.24% | -41.64% | +1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -6.94% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -15.59% | -4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -25.55% | -18.76% | -6.79% |
Max Drawdown (10Y)Largest decline over 10 years | -40.24% | -36.56% | -3.68% |
Current DrawdownCurrent decline from peak | -5.24% | -0.23% | -5.01% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -7.98% | +1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 1.75% | +0.85% |
Volatility
USVL.L vs. UC07.L - Volatility Comparison
State Street SPDR MSCI USA Value UCITS ETF USD (Acc) (USVL.L) has a higher volatility of 3.96% compared to UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis (UC07.L) at 1.69%. This indicates that USVL.L's price experiences larger fluctuations and is considered to be riskier than UC07.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USVL.L | UC07.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 1.69% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 12.24% | 6.79% | +5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.29% | 9.32% | +5.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.45% | 13.66% | +3.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.17% | 15.29% | +2.88% |
USVL.L vs. UC07.L - Expense Ratio Comparison
Both USVL.L and UC07.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
USVL.L vs. UC07.L - Dividend Comparison
USVL.L has not paid dividends to shareholders, while UC07.L's dividend yield for the trailing twelve months is around 1.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UC07.L UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 1.37% | 2.05% | 1.79% | 2.05% | 1.81% | 1.59% | 2.41% | 2.08% | 2.49% | 2.01% | 2.18% | 2.25% |
USVL.L State Street SPDR MSCI USA Value UCITS ETF USD (Acc) | 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
USVL.L and UC07.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
USVL.L and UC07.L have the same expense ratio: 0.20% per year.
USVL.L tracks MSCI USA Value Exposure Select Index, while UC07.L tracks Russell 1000 Value TR USD. They also come from different issuers: State Street and UBS.
Find the right allocation for USVL.L and UC07.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