WEXU.L vs. SP5L.L
WEXU.L (Amundi MSCI World Ex USA UCITS ETF Acc) and SP5L.L (Lyxor S&P 500 UCITS ETF - Acc) are both exchange-traded funds - WEXU.L is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Index, while SP5L.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, WEXU.L returned 25.77% vs 27.80% for SP5L.L. A 0.62 correlation means they provide meaningful diversification when combined. WEXU.L charges 0.15%/yr vs 0.07%/yr for SP5L.L.
Performance
WEXU.L vs. SP5L.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with WEXU.L having a 10.54% return and SP5L.L slightly higher at 10.72%.
WEXU.L
- 1D
- 0.00%
- 1M
- 1.92%
- YTD
- 10.54%
- 6M
- 10.74%
- 1Y
- 25.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SP5L.L
- 1D
- 0.92%
- 1M
- 1.21%
- YTD
- 10.72%
- 6M
- 10.87%
- 1Y
- 27.80%
- 3Y*
- 19.62%
- 5Y*
- 14.40%
- 10Y*
- 13.67%
WEXU.L vs. SP5L.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WEXU.L Amundi MSCI World Ex USA UCITS ETF Acc | 10.54% | 14.11% |
SP5L.L Lyxor S&P 500 UCITS ETF - Acc | 10.72% | 6.49% |
Correlation
The correlation between WEXU.L and SP5L.L is 0.61, 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 | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2025 | 0.62 |
The correlation between WEXU.L and SP5L.L has been stable across timeframes, ranging from 0.61 to 0.62 - a consistent structural relationship.
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Return for Risk
WEXU.L vs. SP5L.L — Risk / Return Rank
WEXU.L
SP5L.L
WEXU.L vs. SP5L.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World Ex USA UCITS ETF Acc (WEXU.L) and Lyxor S&P 500 UCITS ETF - Acc (SP5L.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.
| WEXU.L | SP5L.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.47 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 3.84 | -1.14 |
| Martin ratioReturn relative to average drawdown | 9.88 | 13.61 | -3.73 |
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Drawdowns
WEXU.L vs. SP5L.L - Drawdown Comparison
The maximum WEXU.L drawdown since its inception was -12.79%, smaller than the maximum SP5L.L drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for WEXU.L and SP5L.L.
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Drawdown Indicators
| WEXU.L | SP5L.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.79% | -25.47% | +12.68% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -7.20% | -2.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.47% | — |
Current DrawdownCurrent decline from peak | -1.29% | -0.48% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -1.81% | -5.16% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 2.04% | +0.58% |
Volatility
WEXU.L vs. SP5L.L - Volatility Comparison
The current volatility for Amundi MSCI World Ex USA UCITS ETF Acc (WEXU.L) is 3.19%, while Lyxor S&P 500 UCITS ETF - Acc (SP5L.L) has a volatility of 3.58%. This indicates that WEXU.L experiences smaller price fluctuations and is considered to be less risky than SP5L.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEXU.L | SP5L.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 3.58% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 9.99% | 7.71% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.90% | 10.93% | +0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.44% | 18.79% | -5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.44% | 17.97% | -4.53% |
WEXU.L vs. SP5L.L - Expense Ratio Comparison
WEXU.L has a 0.15% expense ratio, which is higher than SP5L.L's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WEXU.L vs. SP5L.L - Dividend Comparison
Neither WEXU.L nor SP5L.L has paid dividends to shareholders.
Frequently Asked Questions
WEXU.L and SP5L.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SP5L.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SP5L.L is cheaper with a 0.07% expense ratio, compared with 0.15% for WEXU.L.
WEXU.L is categorized as Foreign Large Cap Equities, while SP5L.L is S&P 500. WEXU.L tracks MSCI World ex USA Index, while SP5L.L tracks S&P 500 Index. Their fees differ too: 0.15% for WEXU.L and 0.07% for SP5L.L.
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