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Rebalix
Comparison report · official data side by side

SPXD vs IQUE


SPXDInvesco S&P 500 UCITS ETF Dist
IE00BYML9W36 · Equity · United States · Large cap
IQUEInvesco US Enhanced Equity UCITS ETF EUR Hdg Acc
IE000WN3JW15 · Equity · United States · Large cap
Open the interactive comparison on rebalix.com →

Comparison window: · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared

Report produced on 4 September 2026 · data as of the dates shown per section
Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat
Public methodology: rebalix.com/en/methodology

Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.

RebalixSPXD vs IQUE · report of 4 September 2026

The funds at a glance

From official issuer documents and the ESMA register
SPXDIE00BYML9W36Invesco S&P 500 UCITS ETF DistEquity · United States · Large cap
Declared index
S&P 500® Total Return (Net) Index
TER
0.05%
Transaction (KID)
0.07%
Fund size
50.7 mld EUR
Launch
26 Oct 2015
Currency
USD
Replication
Synthetic (swap)
Hedging
No
Holdings
261
Distributions 12m
0.775 USD
Effective 🇮🇹 rate
26.00%
IQUEIE000WN3JW15Invesco US Enhanced Equity UCITS ETF EUR Hdg AccEquity · United States · Large cap
Declared index
S&P 500® Total Return (Net) Index
TER
0.21%
Transaction (KID)
0.04%
Fund size
154 mln EUR
Launch
7 Jul 2026
Currency
EUR
Replication
Active
Hedging
Yes — in EUR
Holdings
259
Distributions 12m
acc.
Effective 🇮🇹 rate
26.00%

Tracking difference — year by year

Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
SPXD3y avg: +0.40%/anno
2025
+0.32%
2024
+0.40%
2023
+0.49%
2022
+0.36%
2021
+0.50%
2020
+0.61%
IQUEn/d
not honestly computable
Rebalix · SPXD vs IQUEsection 1 of 3
RebalixSPXD vs IQUE · report of 4 September 2026
SPXDInvesco S&P 500 UCITS ETF Dist · IE00BYML9W36 · Equity · United States · Large cap
IQUEInvesco US Enhanced Equity UCITS ETF EUR Hdg Acc · IE000WN3JW15 · Equity · United States · Large cap

Geographic composition

% of portfolio, from full declared holdings
SPXDIQUE

Sector composition

GICS sectors, same sources and dates
SPXDIQUE

Portfolio overlap

77 common holdings · ticker match on full official portfolios
25%50%75%100%Weight of common holdings in SPXD64.2%Weight of common holdings in IQUE58.0%Truly shared part (duplicated investment)27.3%
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 77 common holdings this gives 27.3%: buying both funds, roughly this share of your money buys the same stocks twice. Matching uses the ISIN of each security, as published by both issuers in their baskets.
Rebalix · SPXD vs IQUEsection 2 of 3
RebalixSPXD vs IQUE · report of 4 September 2026

Full comparison table

"—" = not published by the source, never estimated
SPXDInvesco S&P 500 UCITS ETF Dist · IE00BYML9W36 · Equity · United States · Large cap
IQUEInvesco US Enhanced Equity UCITS ETF EUR Hdg Acc · IE000WN3JW15 · Equity · United States · Large cap
MetricSPXDIQUENote
Identity
CategoryEquity · United States · Large capEquity · United States · Large capRebalix engine classification
ReplicationSynthetic (swap)Activeas declared by the issuer
Currency hedgingNoYes — hedged to EURsource: class name, factsheet
Income policydistributingaccumulating
Costs
TER0.05%0.21%from the KID
Transaction costs (KID)0.07%0.04%internal
All-in cost0.12%0.25%TER + transaction
Tracking difference (3a)+0.40%vs its OWN index
Performance in euro (ECB rates)
1 year+20.9%
3 years+65.7%
5 years+84.7%
10 years+297.0%— = series younger than the window
Risk · last 3 years
Volatility (ann.)+14.99%
Max drawdown−19.02%
Sharpe1.08risk-free = ECB MRO avg
Sortino1.58like Sharpe, downside only
Distributions (fund currency)
Frequencyquarterlyaccumulating class
Distributions, last 12 months0.775 USDaccumulating classper share
Distribution yield1.08%accumulating class12 months / NAV
Last ex-date11 Jun 2026 · 0.2022 USDaccumulating class
Italian taxation
Effective capital-gains rate26.00%26.00%white list, current half-year
Documents & exchanges
Listing venues95ESMA register
Borsa Italiana tickerSPXD
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~76 euro SPXD · ~159 euro IQUE. Broker costs not included.

Disclaimer

This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.

Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.

Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.

Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.

Rebalix · SPXD vs IQUEsection 3 of 3