USVL.L vs. USSC.L
USVL.L (State Street SPDR MSCI USA Value UCITS ETF USD Acc) and USSC.L (SPDR MSCI USA Small Cap Value Weighted UCITS ETF) are both exchange-traded funds - USVL.L is a Global Equities fund tracking the State Street SPDR MSCI USA Value UCITS ETF USD Acc, while USSC.L is a Small Cap Value Equities fund tracking the MSCI USA Small Cap Value Weighted Index. Both are passively managed. Over the past 10 years, USVL.L returned 12.08%/yr vs 12.11%/yr for USSC.L. Their correlation of 0.85 suggests significant overlap in exposure. USVL.L charges 0.20%/yr vs 0.30%/yr for USSC.L.
Performance
USVL.L vs. USSC.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USVL.L achieves a 23.80% return, which is significantly higher than USSC.L's 18.33% return. Both investments have delivered pretty close results over the past 10 years, with USVL.L having a 12.08% annualized return and USSC.L not far ahead at 12.11%.
USVL.L
- 1D
- -0.23%
- 1M
- -3.95%
- 6M
- 20.72%
- YTD
- 23.80%
- 1Y
- 48.22%
- 3Y*
- 22.39%
- 5Y*
- 12.09%
- 10Y*
- 12.08%
USSC.L
- 1D
- 1.04%
- 1M
- 1.32%
- 6M
- 12.64%
- YTD
- 18.33%
- 1Y
- 32.41%
- 3Y*
- 18.08%
- 5Y*
- 11.78%
- 10Y*
- 12.11%
USVL.L vs. USSC.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 | 23.80% | 28.52% | 4.90% | 15.93% | -15.04% | 29.87% | 1.93% | 26.43% | -10.49% | 16.19% |
USSC.L SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 18.33% | 14.72% | 8.33% | 23.18% | -10.14% | 35.22% | 8.76% | 23.17% | -15.30% | 9.80% |
Correlation
The correlation between USVL.L and USSC.L is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2015 | 0.85 |
The correlation between USVL.L and USSC.L shifts across timeframes, from 0.77 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.
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. USSC.L — Risk / Return Rank
USVL.L
USSC.L
USVL.L vs. USSC.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 SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.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 | USSC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.36 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 6.46 | 3.97 | +2.49 |
| Martin ratioReturn relative to average drawdown | 19.45 | 12.94 | +6.51 |
Loading charts...
Drawdowns
USVL.L vs. USSC.L - Drawdown Comparison
The maximum USVL.L drawdown since its inception was -40.24%, smaller than the maximum USSC.L drawdown of -48.99%. Use the drawdown chart below to compare losses from any high point for USVL.L and USSC.L.
Loading charts...
Drawdown Indicators
| USVL.L | USSC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.24% | -48.99% | +8.75% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -8.12% | +0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -27.47% | +7.88% |
Max Drawdown (5Y)Largest decline over 5 years | -25.55% | -27.47% | +1.92% |
Max Drawdown (10Y)Largest decline over 10 years | -40.24% | -48.99% | +8.75% |
Current DrawdownCurrent decline from peak | -5.75% | -0.24% | -5.51% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -7.62% | +1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.50% | +0.08% |
Volatility
USVL.L vs. USSC.L - Volatility Comparison
State Street SPDR MSCI USA Value UCITS ETF USD Acc (USVL.L) has a higher volatility of 4.22% compared to SPDR MSCI USA Small Cap Value Weighted UCITS ETF (USSC.L) at 4.00%. This indicates that USVL.L's price experiences larger fluctuations and is considered to be riskier than USSC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USVL.L | USSC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 4.00% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 12.26% | 10.52% | +1.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.37% | 15.73% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.46% | 21.54% | -4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.17% | 22.65% | -4.48% |
USVL.L vs. USSC.L - Expense Ratio Comparison
USVL.L has a 0.20% expense ratio, which is lower than USSC.L's 0.30% expense ratio.
Dividends
USVL.L vs. USSC.L - Dividend Comparison
Neither USVL.L nor USSC.L has paid dividends to shareholders.
Frequently Asked Questions
USVL.L and USSC.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USVL.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USVL.L is cheaper with a 0.20% expense ratio, compared with 0.30% for USSC.L.
USVL.L is categorized as Global Equities, while USSC.L is Small Cap Value Equities. USVL.L tracks State Street SPDR MSCI USA Value UCITS ETF USD Acc, while USSC.L tracks MSCI USA Small Cap Value Weighted Index. Their fees differ too: 0.20% for USVL.L and 0.30% for USSC.L.
Find the right allocation for USVL.L and USSC.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