VUAA.DE vs. SP2Q.DE
VUAA.DE (Vanguard S&P 500 UCITS USD Acc ETF) and SP2Q.DE (Invesco S&P 500 Equal Weight UCITS ETF Acc) are both S&P 500 funds - VUAA.DE tracks the S&P 500 Index while SP2Q.DE tracks the S&P 500® Equal Weight. Both are passively managed. Over the past 5 years, VUAA.DE returned 13.47%/yr vs 9.62%/yr for SP2Q.DE. Their correlation of 0.83 suggests significant overlap in exposure. VUAA.DE charges 0.07%/yr vs 0.20%/yr for SP2Q.DE.
Performance
VUAA.DE vs. SP2Q.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VUAA.DE achieves a 11.83% return, which is significantly lower than SP2Q.DE's 14.88% return.
VUAA.DE
- 1D
- -1.21%
- 1M
- 0.80%
- 6M
- 9.46%
- YTD
- 11.83%
- 1Y
- 21.57%
- 3Y*
- 18.63%
- 5Y*
- 13.47%
- 10Y*
- —
SP2Q.DE
- 1D
- 0.00%
- 1M
- 2.69%
- 6M
- 10.10%
- YTD
- 14.88%
- 1Y
- 20.30%
- 3Y*
- 12.76%
- 5Y*
- 9.62%
- 10Y*
- —
VUAA.DE vs. SP2Q.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VUAA.DE Vanguard S&P 500 UCITS USD Acc ETF | 11.83% | 4.69% | 32.34% | 22.51% | -14.29% | 24.18% |
SP2Q.DE Invesco S&P 500 Equal Weight UCITS ETF Acc | 14.88% | -0.55% | 18.83% | 9.91% | -6.71% | 31.96% |
Correlation
The correlation between VUAA.DE and SP2Q.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2021 | 0.83 |
The correlation between VUAA.DE and SP2Q.DE shifts across timeframes, from 0.66 (1 year) to 0.84 (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
VUAA.DE vs. SP2Q.DE — Risk / Return Rank
VUAA.DE
SP2Q.DE
VUAA.DE vs. SP2Q.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) and Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE). 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.
| VUAA.DE | SP2Q.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.36 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | 3.99 | -0.93 |
| Martin ratioReturn relative to average drawdown | 10.94 | 12.33 | -1.39 |
Loading charts...
Drawdowns
VUAA.DE vs. SP2Q.DE - Drawdown Comparison
The maximum VUAA.DE drawdown since its inception was -33.67%, which is greater than SP2Q.DE's maximum drawdown of -22.73%. Use the drawdown chart below to compare losses from any high point for VUAA.DE and SP2Q.DE.
Loading charts...
Drawdown Indicators
| VUAA.DE | SP2Q.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -22.73% | -10.94% |
Max Drawdown (1Y)Largest decline over 1 year | -7.00% | -5.11% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -23.33% | -22.73% | -0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -23.33% | -22.73% | -0.60% |
Current DrawdownCurrent decline from peak | -1.33% | -0.26% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -5.10% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 1.65% | +0.32% |
Volatility
VUAA.DE vs. SP2Q.DE - Volatility Comparison
Vanguard S&P 500 UCITS USD Acc ETF (VUAA.DE) has a higher volatility of 2.99% compared to Invesco S&P 500 Equal Weight UCITS ETF Acc (SP2Q.DE) at 2.73%. This indicates that VUAA.DE's price experiences larger fluctuations and is considered to be riskier than SP2Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VUAA.DE | SP2Q.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 2.73% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 7.87% | 7.11% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.72% | 10.54% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.15% | 14.95% | +0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 15.35% | +2.14% |
VUAA.DE vs. SP2Q.DE - Expense Ratio Comparison
VUAA.DE has a 0.07% expense ratio, which is lower than SP2Q.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VUAA.DE vs. SP2Q.DE - Dividend Comparison
Neither VUAA.DE nor SP2Q.DE has paid dividends to shareholders.
Frequently Asked Questions
VUAA.DE and SP2Q.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VUAA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VUAA.DE is cheaper with a 0.07% expense ratio, compared with 0.20% for SP2Q.DE.
VUAA.DE tracks S&P 500 Index, while SP2Q.DE tracks S&P 500® Equal Weight. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.07% for VUAA.DE and 0.20% for SP2Q.DE.
Find the right allocation for VUAA.DE and SP2Q.DE
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