XEWG.L vs. IUCS.L

Last updated Jun 5, 2026

XEWG.L (Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged) and IUCS.L (iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating) are both exchange-traded funds - XEWG.L is a S&P 500 fund tracking the S&P 500 Equal Weight (GBP Hedged) Index, while IUCS.L is a Consumer Staples Equities fund tracking the S&P 500 Capped 35/20 Consumer Staples Index. Both are passively managed. Over the past 3 years, XEWG.L returned 14.34%/yr vs 5.64%/yr for IUCS.L. At a 0.24 correlation, their price movements are largely independent. XEWG.L charges 0.30%/yr vs 0.15%/yr for IUCS.L.

Performance

XEWG.L vs. IUCS.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged (XEWG.L) and iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating (IUCS.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XEWG.L is traded in GBP, while IUCS.L is traded in USD. To make them comparable, the IUCS.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, XEWG.L achieves a 8.81% return, which is significantly higher than IUCS.L's 6.79% return.

XEWG.L

• 1D: 0.04%
• 1M: 3.41%
• YTD: 8.81%
• 6M: 10.01%
• 1Y: 18.80%
• 3Y*: 14.34%
• 5Y*: —
• 10Y*: —

IUCS.L

• 1D: 0.10%
• 1M: -1.81%
• YTD: 6.79%
• 6M: 6.25%
• 1Y: 3.18%
• 3Y*: 5.64%
• 5Y*: 7.92%
• 10Y*: —

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

XEWG.L vs. IUCS.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XEWG.L Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged	8.81%	11.07%	11.66%	11.87%	-14.07%	1.31%
IUCS.L iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating	6.79%	-3.44%	16.32%	-5.36%	11.82%	6.78%

Correlation

The correlation between XEWG.L and IUCS.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021	0.24

XEWG.L vs. IUCS.L - Sectors Allocation Comparison

Sectors	XEWG.L	IUCS.L
Technology	18.3%	-
Industrials	14.7%	-
Financial Services	14.4%	-
Healthcare	10.9%	-
Consumer Cyclical	10.3%	1.0%
Consumer Defensive	6.5%	99.0%
Real Estate	6.2%	-
Utilities	6.1%	-
Energy	4.6%	-
Basic Materials	4.1%	-
Communication Services	4.0%	-

Return for Risk

XEWG.L vs. IUCS.L — Risk / Return Rank

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

XEWG.L

XEWG.L Risk / Return Rank: 56
XEWG.L Sharpe Ratio Rank: 54
XEWG.L Sortino Ratio Rank: 59
XEWG.L Omega Ratio Rank: 53
XEWG.L Calmar Ratio Rank: 57
XEWG.L Martin Ratio Rank: 58

IUCS.L

IUCS.L Risk / Return Rank: 11
IUCS.L Sharpe Ratio Rank: 11
IUCS.L Sortino Ratio Rank: 11
IUCS.L Omega Ratio Rank: 11
IUCS.L Calmar Ratio Rank: 12
IUCS.L Martin Ratio Rank: 11

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.

XEWG.L vs. IUCS.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged (XEWG.L) and iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating (IUCS.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.

	XEWG.L	IUCS.L	Difference
Sharpe ratio: Return per unit of total volatility	1.81	0.22	+1.59
Sortino ratio: Return per unit of downside risk	2.76	0.41	+2.35
Omega ratio: Gain probability vs. loss probability	1.32	1.05	+0.28
Calmar ratio: Return relative to maximum drawdown	2.82	0.34	+2.47
Martin ratio: Return relative to average drawdown	9.95	0.82	+9.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XEWG.L vs. IUCS.L - Sharpe Ratio Comparison

The current XEWG.L Sharpe Ratio is 1.81, which is higher than the IUCS.L Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of XEWG.L and IUCS.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XEWG.L	IUCS.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	0.22	+1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.50	-0.13

Drawdowns

XEWG.L vs. IUCS.L - Drawdown Comparison

The maximum XEWG.L drawdown since its inception was -22.61%, which is greater than IUCS.L's maximum drawdown of -17.74%. Use the drawdown chart below to compare losses from any high point for XEWG.L and IUCS.L.

Drawdown Indicators

	XEWG.L	IUCS.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.61%	-17.74%	-4.87%
Max Drawdown (1Y) Largest decline over 1 year	-6.85%	-9.20%	+2.35%
Max Drawdown (3Y) Largest decline over 3 years	-18.42%	-11.51%	-6.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.49%	—
Current Drawdown Current decline from peak	0.00%	-7.25%	+7.25%
Average Drawdown Average peak-to-trough decline	-6.89%	-4.69%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	3.86%	-1.92%

Volatility

XEWG.L vs. IUCS.L - Volatility Comparison

The current volatility for Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged (XEWG.L) is 2.58%, while iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating (IUCS.L) has a volatility of 6.19%. This indicates that XEWG.L experiences smaller price fluctuations and is considered to be less risky than IUCS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XEWG.L	IUCS.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	6.19%	-3.61%
Volatility (6M) Calculated over the trailing 6-month period	7.36%	12.11%	-4.75%
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	14.66%	-3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	14.12%	+2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	15.92%	+0.63%

XEWG.L vs. IUCS.L - Expense Ratio Comparison

XEWG.L has a 0.30% expense ratio, which is higher than IUCS.L's 0.15% expense ratio.

Dividends

XEWG.L vs. IUCS.L - Dividend Comparison

XEWG.L's dividend yield for the trailing twelve months is around 1.19%, while IUCS.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
IUCS.L iShares S&P 500 Consumer Staples Sector UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%
XEWG.L Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged	1.19%	1.25%	1.50%	1.24%	1.20%

Frequently Asked Questions

Can I hold both XEWG.L and IUCS.L in my portfolio?

XEWG.L and IUCS.L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XEWG.L or IUCS.L?

On fees, IUCS.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XEWG.L or IUCS.L?

IUCS.L is cheaper with a 0.15% expense ratio, compared with 0.30% for XEWG.L.

What is the main difference between XEWG.L and IUCS.L?

XEWG.L is categorized as S&P 500, while IUCS.L is Consumer Staples Equities. XEWG.L tracks S&P 500 Equal Weight (GBP Hedged) Index, while IUCS.L tracks S&P 500 Capped 35/20 Consumer Staples Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.30% for XEWG.L and 0.15% for IUCS.L.