XLIS.L vs. SPXP.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) and Invesco S&P 500 UCITS ETF (SPXP.L).

XLIS.L and SPXP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLIS.L is a passively managed fund by Invesco that tracks the performance of the S&P® Select Sector Capped 20% Industrials Index. It was launched on Dec 16, 2009. SPXP.L is a passively managed fund by Invesco that tracks the performance of the S&P 500 Index. It was launched on May 20, 2010. Both XLIS.L and SPXP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XLIS.L vs. SPXP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) and Invesco S&P 500 UCITS ETF (SPXP.L). The values are adjusted to include any dividend payments, if applicable.

XLIS.L vs. SPXP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XLIS.L Invesco Industrials S&P US Select Sector UCITS ETF Acc	5.99%	19.35%	17.30%	17.93%	-5.18%	20.54%	9.91%	28.73%	-14.24%	20.32%
SPXP.L Invesco S&P 500 UCITS ETF	-4.15%	17.79%	25.46%	26.40%	-18.54%	30.07%	17.39%	31.85%	-5.42%	21.32%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, XLIS.L achieves a 5.99% return, which is significantly higher than SPXP.L's -6.11% return. Over the past 10 years, XLIS.L has underperformed SPXP.L with an annualized return of 12.77%, while SPXP.L has yielded a comparatively higher 14.07% annualized return.

XLIS.L

• 1D: 3.77%
• 1M: -6.71%
• YTD: 5.99%
• 6M: 7.82%
• 1Y: 26.99%
• 3Y*: 19.32%
• 5Y*: 12.31%
• 10Y*: 12.77%

SPXP.L

• 1D: 0.00%
• 1M: -5.91%
• YTD: -6.11%
• 6M: -3.00%
• 1Y: 15.94%
• 3Y*: 18.14%
• 5Y*: 11.52%
• 10Y*: 14.07%

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

XLIS.L vs. SPXP.L - Expense Ratio Comparison

XLIS.L has a 0.14% expense ratio, which is higher than SPXP.L's 0.05% 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%.

XLIS.L

Invesco Industrials S&P US Select Sector UCITS ETF Acc

SPXP.L

Invesco S&P 500 UCITS ETF

Return for Risk

XLIS.L vs. SPXP.L — Risk / Return Rank

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

XLIS.L

XLIS.L Risk / Return Rank: 78
XLIS.L Sharpe Ratio Rank: 77
XLIS.L Sortino Ratio Rank: 78
XLIS.L Omega Ratio Rank: 75
XLIS.L Calmar Ratio Rank: 77
XLIS.L Martin Ratio Rank: 80

SPXP.L

SPXP.L Risk / Return Rank: 60
SPXP.L Sharpe Ratio Rank: 53
SPXP.L Sortino Ratio Rank: 52
SPXP.L Omega Ratio Rank: 52
SPXP.L Calmar Ratio Rank: 76
SPXP.L Martin Ratio Rank: 68

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.

XLIS.L vs. SPXP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) and Invesco S&P 500 UCITS ETF (SPXP.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.

	XLIS.L	SPXP.L	Difference
Sharpe ratio Return per unit of total volatility	1.51	1.01	+0.50
Sortino ratio Return per unit of downside risk	2.13	1.48	+0.66
Omega ratio Gain probability vs. loss probability	1.30	1.21	+0.09
Calmar ratio Return relative to maximum drawdown	2.44	1.75	+0.69
Martin ratio Return relative to average drawdown	9.89	7.07	+2.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XLIS.L vs. SPXP.L - Sharpe Ratio Comparison

The current XLIS.L Sharpe Ratio is 1.51, which is higher than the SPXP.L Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of XLIS.L and SPXP.L, 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

	XLIS.L	SPXP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	1.01	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.74	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.93	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.87	-0.22

Correlation

The correlation between XLIS.L and SPXP.L is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XLIS.L vs. SPXP.L - Dividend Comparison

Neither XLIS.L nor SPXP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

XLIS.L vs. SPXP.L - Drawdown Comparison

The maximum XLIS.L drawdown since its inception was -42.30%, which is greater than SPXP.L's maximum drawdown of -33.47%. Use the drawdown chart below to compare losses from any high point for XLIS.L and SPXP.L.

Drawdown Indicators

	XLIS.L	SPXP.L	Difference
Max Drawdown Largest peak-to-trough decline	-42.30%	-25.46%	-16.84%
Max Drawdown (1Y) Largest decline over 1 year	-13.31%	-10.33%	-2.98%
Max Drawdown (5Y) Largest decline over 5 years	-21.21%	-20.77%	-0.44%
Max Drawdown (10Y) Largest decline over 10 years	-42.30%	-25.46%	-16.84%
Current Drawdown Current decline from peak	-6.71%	-4.71%	-2.00%
Average Drawdown Average peak-to-trough decline	-4.70%	-3.54%	-1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	2.05%	+0.58%

Volatility

XLIS.L vs. SPXP.L - Volatility Comparison

Invesco Industrials S&P US Select Sector UCITS ETF Acc (XLIS.L) has a higher volatility of 6.44% compared to Invesco S&P 500 UCITS ETF (SPXP.L) at 3.89%. This indicates that XLIS.L's price experiences larger fluctuations and is considered to be riskier than SPXP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XLIS.L	SPXP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.44%	3.89%	+2.55%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	8.37%	+1.69%
Volatility (1Y) Calculated over the trailing 1-year period	17.82%	15.81%	+2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	15.59%	+1.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	16.84%	+2.16%