TER
0.05% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
516 m
Overview
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Description
The Invesco S&P 500 UCITS ETF GBP Hedged Acc seeks to track the S&P 500® (GBP Hedged) index. The S&P 500® (GBP Hedged) index tracks the largest US stocks. Currency hedged to British Pound (GBP).
Documents
Chart
Basics
Data
| Index | S&P 500® (GBP Hedged) |
| Investment focus | Equity, United States |
| Fund size | EUR 516 m |
| Total expense ratio | 0.05% p.a. |
| Replication | Synthetic (Swap-based) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | GBP |
| Currency risk | Currency hedged |
| Volatility 1 year (in EUR) | 14.49% |
| Inception/ Listing Date | 29 June 2020 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | Invesco |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | Northern Trust International Fund Administration Services (Ireland) Limited |
| Investment Advisor | Invesco Capital Management LLC |
| Custodian Bank | Northern Trust Fiduciary Services (Ireland) Limited |
| Revision Company | PricewaterhouseCoopers |
| Fiscal Year End | 30 November |
| Swiss representative | BNP Paribas Securities Services, Paris, succursale de Zurich |
| Swiss paying agent | BNP Paribas Securities Services, Paris, succursale de Zurich |
| Tax data | Bundesanzeiger | |
| Germany | 30% tax rebate | |
| Switzerland | No ESTV Reporting | |
| Austria | Tax Reporting Fund | |
| UK | UK Reporting | |
| Indextype | Total return index |
| Swap counterparty | BofA Merrill Lynch|Goldman Sachs|J.P. Morgan|Morgan Stanley|Nomura |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the Invesco S&P 500 UCITS ETF GBP Hedged Acc.
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How do you like our ETF profile? Here you'll find our Questionnaire.
ETF Savings plan offers
Here you can find information about the savings plan availability of the ETF. You can use the table to compare all savings plan offers for the selected savings rate.
Select your savings amount:
| Broker | Rating | Execution fee | Account fee | |
|---|---|---|---|---|
 | 0.00€ | 0.00€ | View offer* | |
 | 0.00€ | 0.00€ | View offer* |
Source: justETF Research; As of 11/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.
— The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.
Order fees
Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
Order volume:
| Broker | Rating | Order fee | ETF savings plans | |
|---|---|---|---|---|
| | 0.99€ | 2593 | View offer* | |
| | 1.00€ | 2414 | View offer* | |
 | 0.00€ | 1087 | View offer* | |
 | 0.00€ | 897 | View offer* | |
 | 5.90€ | 1706 | View offer* |
Source: justETF Research; As of 11/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.
Performance
Returns overview
| YTD | +28.51% |
| 1 month | -0.36% |
| 3 months | +6.91% |
| 6 months | +13.49% |
| 1 year | +36.15% |
| 3 years | +25.55% |
| 5 years | - |
| Since inception (MAX) | +109.61% |
| 2023 | +27.10% |
| 2022 | -24.29% |
| 2021 | +37.61% |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 14.49% |
| Volatility 3 years | 20.98% |
| Volatility 5 years | - |
| Return per risk 1 year | 2.49 |
| Return per risk 3 years | 0.38 |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -10.30% |
| Maximum drawdown 3 years | -29.34% |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -29.34% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | SML2 | - - | - - | - |
| London Stock Exchange | GBX | G500 | - - | - - | - |
| London Stock Exchange | GBP | - | E500 LN G500IN | E500.L 4IE6INAV.DE | Banca IMI Commerzbank Flow Traders KCG Optiver Susquehanna UniCredit Virtu Financial |
Further information
Further ETFs on the S&P 500® (GBP Hedged) index
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| Xtrackers S&P 500 UCITS ETF 2C GBP hedged | 373 | 0.09% p.a. | Accumulating | Full replication |
Frequently asked questions
What is the name of SML2?
The name of SML2 is Invesco S&P 500 UCITS ETF GBP Hedged Acc.
What is the ticker of Invesco S&P 500 UCITS ETF GBP Hedged Acc?
The primary ticker of Invesco S&P 500 UCITS ETF GBP Hedged Acc is SML2.
What is the ISIN of Invesco S&P 500 UCITS ETF GBP Hedged Acc?
The ISIN of Invesco S&P 500 UCITS ETF GBP Hedged Acc is IE00BKX8G916.
What are the costs of Invesco S&P 500 UCITS ETF GBP Hedged Acc?
The total expense ratio (TER) of Invesco S&P 500 UCITS ETF GBP Hedged Acc amounts to 0.05% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
Is Invesco S&P 500 UCITS ETF GBP Hedged Acc paying dividends?
Invesco S&P 500 UCITS ETF GBP Hedged Acc is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.
What's the fund size of Invesco S&P 500 UCITS ETF GBP Hedged Acc?
The fund size of Invesco S&P 500 UCITS ETF GBP Hedged Acc is 516m Euro. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.