XUFB.L vs. ^GSPC

Last updated Jun 26, 2026

XUFB.L (Xtrackers MSCI USA Banks UCITS ETF 1D) is Financials Equities fund tracking the MSCI World/Financials NR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, XUFB.L returned 13.91%/yr vs 12.60%/yr for ^GSPC. At a 0.36 correlation, their price movements are largely independent.

Performance

XUFB.L vs. ^GSPC - Performance Comparison

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

Different Trading Currencies

XUFB.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

As of year-to-date, both investments have demonstrated similar returns, with XUFB.L at 9.90% and ^GSPC at 9.90%.

XUFB.L

• 1D: 1.29%
• 1M: 13.89%
• YTD: 9.90%
• 6M: 9.23%
• 1Y: 34.76%
• 3Y*: 33.17%
• 5Y*: 13.91%
• 10Y*: —

^GSPC

• 1D: 0.00%
• 1M: -0.14%
• YTD: 9.90%
• 6M: 8.80%
• 1Y: 25.21%
• 3Y*: 17.92%
• 5Y*: 12.60%
• 10Y*: 13.95%

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

XUFB.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XUFB.L Xtrackers MSCI USA Banks UCITS ETF 1D	9.90%	23.40%	40.02%	5.21%	-10.18%	37.53%	-18.12%	34.43%	-33.38%
^GSPC S&P 500 Index	9.72%	8.10%	25.46%	18.02%	-9.86%	28.09%	12.84%	23.98%	-9.22%

Correlation

The correlation between XUFB.L and ^GSPC is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018	0.36

Return for Risk

XUFB.L vs. ^GSPC — Risk / Return Rank

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

XUFB.L

XUFB.L Risk / Return Rank: 53
XUFB.L Sharpe Ratio Rank: 58
XUFB.L Sortino Ratio Rank: 53
XUFB.L Omega Ratio Rank: 53
XUFB.L Calmar Ratio Rank: 56
XUFB.L Martin Ratio Rank: 43

^GSPC

^GSPC Risk / Return Rank: 70
^GSPC Sharpe Ratio Rank: 68
^GSPC Sortino Ratio Rank: 71
^GSPC Omega Ratio Rank: 71
^GSPC Calmar Ratio Rank: 62
^GSPC Martin Ratio Rank: 78

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.

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

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Banks UCITS ETF 1D (XUFB.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.

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.

	XUFB.L	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.11	-0.40
Sortino ratio: Return per unit of downside risk	2.29	2.75	-0.46
Omega ratio: Gain probability vs. loss probability	1.30	1.39	-0.10
Calmar ratio: Return relative to maximum drawdown	2.41	3.15	-0.74
Martin ratio: Return relative to average drawdown	6.40	11.56	-5.16

XUFB.L vs. ^GSPC - Sharpe Ratio Comparison

The current XUFB.L Sharpe Ratio is 1.71, which is comparable to the ^GSPC Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of XUFB.L and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XUFB.L vs. ^GSPC - Drawdown Comparison

The maximum XUFB.L drawdown since its inception was -47.26%, which is greater than ^GSPC's maximum drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for XUFB.L and ^GSPC.

Drawdown Indicators

	XUFB.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-47.26%	-37.07%	-10.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.33%	-8.03%	-6.30%
Max Drawdown (3Y) Largest decline over 3 years	-27.91%	-22.15%	-5.76%
Max Drawdown (5Y) Largest decline over 5 years	-34.18%	-22.15%	-12.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-26.01%	—
Current Drawdown Current decline from peak	0.00%	-1.66%	+1.66%
Average Drawdown Average peak-to-trough decline	-15.48%	-5.29%	-10.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.42%	2.19%	+3.23%

Volatility

XUFB.L vs. ^GSPC - Volatility Comparison

Xtrackers MSCI USA Banks UCITS ETF 1D (XUFB.L) has a higher volatility of 6.13% compared to S&P 500 Index (^GSPC) at 4.32%. This indicates that XUFB.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

	XUFB.L	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.13%	4.32%	+1.81%
Volatility (6M) Calculated over the trailing 6-month period	16.08%	8.96%	+7.12%
Volatility (1Y) Calculated over the trailing 1-year period	20.21%	12.03%	+8.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.10%	15.96%	+8.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.94%	18.09%	+10.85%

Frequently Asked Questions

Can I hold both XUFB.L and ^GSPC in my portfolio?

XUFB.L and ^GSPC have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.