XAUS.L vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about Xtrackers S&P/ASX 200 UCITS ETF 1D (XAUS.L) and S&P 500 Index (^GSPC).

XAUS.L is a passively managed fund by DWS that tracks the performance of the MSCI Australia NR USD. It was launched on Jan 17, 2008.

Performance

XAUS.L vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers S&P/ASX 200 UCITS ETF 1D (XAUS.L) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

XAUS.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XAUS.L Xtrackers S&P/ASX 200 UCITS ETF 1D	5.67%	9.45%	3.36%	5.67%	3.27%	9.35%	9.38%	18.34%	-8.52%	9.19%
^GSPC S&P 500 Index	-2.04%	8.10%	25.46%	18.02%	-9.86%	28.09%	12.84%	23.98%	-0.68%	9.09%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XAUS.L achieves a 5.67% return, which is significantly higher than ^GSPC's -2.36% return. Over the past 10 years, XAUS.L has underperformed ^GSPC with an annualized return of 8.85%, while ^GSPC has yielded a comparatively higher 13.10% annualized return.

XAUS.L

• 1D: 0.05%
• 1M: -3.06%
• YTD: 5.67%
• 6M: 4.97%
• 1Y: 20.49%
• 3Y*: 7.86%
• 5Y*: 7.18%
• 10Y*: 8.85%

^GSPC

• 1D: 0.00%
• 1M: -2.80%
• YTD: -2.36%
• 6M: -0.73%
• 1Y: 13.71%
• 3Y*: 14.30%
• 5Y*: 11.28%
• 10Y*: 13.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

XAUS.L vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XAUS.L

XAUS.L Risk / Return Rank: 60
XAUS.L Sharpe Ratio Rank: 67
XAUS.L Sortino Ratio Rank: 62
XAUS.L Omega Ratio Rank: 68
XAUS.L Calmar Ratio Rank: 49
XAUS.L Martin Ratio Rank: 53

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

XAUS.L vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P/ASX 200 UCITS ETF 1D (XAUS.L) and S&P 500 Index (^GSPC). 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.

	XAUS.L	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.25	0.73	+0.52
Sortino ratio Return per unit of downside risk	1.67	1.14	+0.52
Omega ratio Gain probability vs. loss probability	1.27	1.18	+0.09
Calmar ratio Return relative to maximum drawdown	1.50	1.19	+0.31
Martin ratio Return relative to average drawdown	6.18	4.63	+1.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAUS.L vs. ^GSPC - Sharpe Ratio Comparison

The current XAUS.L Sharpe Ratio is 1.25, which is higher than the ^GSPC Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of XAUS.L and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XAUS.L	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.73	+0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.71	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.72	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.55	-0.17

Correlation

The correlation between XAUS.L and ^GSPC is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

XAUS.L vs. ^GSPC - Drawdown Comparison

The maximum XAUS.L drawdown since its inception was -51.15%, which is greater than ^GSPC's maximum drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for XAUS.L and ^GSPC.

Drawdown Indicators

	XAUS.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-51.15%	-56.78%	+5.63%
Max Drawdown (1Y) Largest decline over 1 year	-9.99%	-9.10%	-0.89%
Max Drawdown (5Y) Largest decline over 5 years	-21.54%	-25.43%	+3.89%
Max Drawdown (10Y) Largest decline over 10 years	-38.31%	-33.92%	-4.39%
Current Drawdown Current decline from peak	-6.35%	-5.67%	-0.68%
Average Drawdown Average peak-to-trough decline	-8.11%	-10.75%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	2.62%	+0.58%

Volatility

XAUS.L vs. ^GSPC - Volatility Comparison

Xtrackers S&P/ASX 200 UCITS ETF 1D (XAUS.L) has a higher volatility of 5.57% compared to S&P 500 Index (^GSPC) at 4.50%. This indicates that XAUS.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XAUS.L	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	4.50%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	9.50%	+0.75%
Volatility (1Y) Calculated over the trailing 1-year period	16.79%	18.75%	-1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.85%	15.89%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.61%	18.16%	+2.45%