XCO2.L vs. SP5L.L
XCO2.L (Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc) and SP5L.L (Lyxor S&P 500 UCITS ETF - Acc) are both exchange-traded funds - XCO2.L is a Global Corporate Bonds fund tracking the Bloomberg Gbl Agg Corp TR USD, while SP5L.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, XCO2.L returned -1.27%/yr vs 13.71%/yr for SP5L.L. At a 0.11 correlation, their price movements are largely independent. XCO2.L charges 0.15%/yr vs 0.07%/yr for SP5L.L.
Performance
XCO2.L vs. SP5L.L - Performance Comparison
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Returns By Period
In the year-to-date period, XCO2.L achieves a -1.75% return, which is significantly lower than SP5L.L's 10.09% return.
XCO2.L
- 1D
- -0.61%
- 1M
- -1.93%
- 6M
- -1.69%
- YTD
- -1.75%
- 1Y
- 0.06%
- 3Y*
- 3.51%
- 5Y*
- -1.27%
- 10Y*
- —
SP5L.L
- 1D
- -0.54%
- 1M
- -0.32%
- 6M
- 9.61%
- YTD
- 10.09%
- 1Y
- 21.06%
- 3Y*
- 18.94%
- 5Y*
- 13.71%
- 10Y*
- 12.87%
XCO2.L vs. SP5L.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XCO2.L Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc | -1.75% | 5.87% | -0.13% | 3.77% | -10.53% | -9.16% | -7.36% |
SP5L.L Lyxor S&P 500 UCITS ETF - Acc | 10.09% | 9.50% | 27.60% | 19.99% | -8.84% | 31.19% | 21.84% |
Correlation
The correlation between XCO2.L and SP5L.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 4, 2020 | 0.11 |
The correlation between XCO2.L and SP5L.L shifts across timeframes, from 0.11 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XCO2.L vs. SP5L.L — Risk / Return Rank
XCO2.L
SP5L.L
XCO2.L vs. SP5L.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc (XCO2.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.
| XCO2.L | SP5L.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.35 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 2.91 | -2.90 |
| Martin ratioReturn relative to average drawdown | 0.04 | 10.24 | -10.21 |
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Drawdowns
XCO2.L vs. SP5L.L - Drawdown Comparison
The maximum XCO2.L drawdown since its inception was -29.59%, which is greater than SP5L.L's maximum drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for XCO2.L and SP5L.L.
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Drawdown Indicators
| XCO2.L | SP5L.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.59% | -25.47% | -4.12% |
Max Drawdown (1Y)Largest decline over 1 year | -3.95% | -7.20% | +3.25% |
Max Drawdown (3Y)Largest decline over 3 years | -13.43% | -21.12% | +7.69% |
Max Drawdown (5Y)Largest decline over 5 years | -17.63% | -21.12% | +3.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.47% | — |
Current DrawdownCurrent decline from peak | -21.06% | -1.04% | -20.02% |
Average DrawdownAverage peak-to-trough decline | -20.14% | -5.14% | -15.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.05% | -0.30% |
Volatility
XCO2.L vs. SP5L.L - Volatility Comparison
The current volatility for Lyxor Global Green Bond 1-10 Y (DR) UCITS ETF - Acc (XCO2.L) is 1.19%, while Lyxor S&P 500 UCITS ETF - Acc (SP5L.L) has a volatility of 3.14%. This indicates that XCO2.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
| XCO2.L | SP5L.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 3.14% | -1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 3.31% | 7.95% | -4.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 11.09% | -6.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.65% | 18.81% | -8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.67% | 17.96% | -7.29% |
XCO2.L vs. SP5L.L - Expense Ratio Comparison
XCO2.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
XCO2.L vs. SP5L.L - Dividend Comparison
Neither XCO2.L nor SP5L.L has paid dividends to shareholders.
Frequently Asked Questions
XCO2.L and SP5L.L have a correlation of 0.24, 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 XCO2.L.
XCO2.L is categorized as Global Corporate Bonds, while SP5L.L is S&P 500. XCO2.L tracks Bloomberg Gbl Agg Corp TR USD, while SP5L.L tracks S&P 500 Index. Their fees differ too: 0.15% for XCO2.L and 0.07% for SP5L.L.
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