Fundology

Index

Funds that track the S&P 500 Equal Weighted

11 UK-listed funds Fundology covers track the S&P 500 Equal Weighted. Ongoing charges run from 0.08% (XEQL) to 0.28% a year, as of 09/10/2026.

At a glance

Funds
11
Providers
5
Ongoing charges
0.08% to 0.28%
Accumulating · distributing
7 · 4

The lowest ongoing charge among the 11 S&P 500 Equal Weighted funds Fundology tracks is 0.08% a year (XEQL), as of 09/10/2026. A lower charge does not guarantee a better return.

7 accumulate their income and 4 pay it out; 2 are currency-hedged share classes. Each fund is listed once, by one share class; its other share classes are on its own page.

By fund size, the 5 largest are XDWE (£7.4bn), EWSP (£3.0bn), SPEX (£711m), RSPB (£652m) and XDED (£394m), as reported on 09/10/2026. Size shows how widely a fund is held, not how it will perform.

They come from 5 providers: Amundi (1), Invesco (3), iShares (2), UBS (1), Xtrackers (4).

Terms:Index fundsOngoing charges figureTracking differenceAccumulating or incomeCurrency hedging

Past returns, side by side

Over the five years to 11/10/2026, 2 funds report the price change only, without income paid out: from +41.5% (SPES) to +51.9% (SPEX).

Over the three years to 09/10/2026, total returns with income reinvested ranged from +44.1% (SPES) to +53.0% (XEWG); the median of 4 funds was +44.2%. 3 funds report the price change only, without income paid out: from +38.5% (XDED) to +55.6% (ISPE).

Over the year to 09/10/2026, total returns with income reinvested ranged from +12.1% (XEWG) to +14.0% (EWSP); the median of 11 funds was +13.9%.

Spread of past returns among the funds that track the S&P 500 Equal Weighted, in pounds. Funds reporting the price change only are counted apart.
PeriodFundsLowestMedianHighest
1 yearIncome reinvested · to 11+12.1% XEWG+13.9%+14.0% EWSP
3 yearsIncome reinvested · to 4+44.1% SPES+44.2%+53.0% XEWG
3 yearsPrice only · to 3+38.5% XDED+45.0%+55.6% ISPE
5 yearsPrice only · to 2+41.5% SPES+46.7%+51.9% SPEX

Source: TradingView reported returns, and Fundology’s own from daily closes where none is reported, as of

How we work it out:ReturnsReturns after inflationTotal return

Funds that track the S&P 500 Equal Weighted (11)

All 11 funds that track the S&P 500 Equal Weighted, one share class each, listed by name. An order is not a ranking of quality.

All 11 funds that track the S&P 500 Equal Weighted, one share class each, listed by name. Returns are to each fund’s latest reported value, in pounds, with income reinvested unless marked “price”; “after inflation” takes off UK CPIH.
FundChargeSize1 year3 years5 years5 years after inflation
EQSU Amundi S&P 500 Equal Weight -UCITS ETF ACC- CapitalisationAccumulating0.12%£68.8m+13.6%Not reportedNot reportedNot reported
SPES Invesco S&P 500 Equal Weight UCITS ETF USDDistributing0.20%£232m+14.0%+44.1%+41.5%price+10.6%price
RSPB Invesco S&P 500 Equal Weight Swap UCITS ETF AccumUSDAccumulating0.28%£652m+13.9%Not reportedNot reportedNot reported
SPEX Invesco S&P 500 Equal Weight UCITS ETF AccumUSDAccumulating0.20%£711m+14.0%+44.2%+51.9%price+18.8%price
ISPE iShares S&P 500 Equal Weight UCITS ETF AccumHedged GBPAccumulating · Hedged to GBP0.17%£286m+12.3%+55.6%priceNot reportedNot reported
EWSP iShares S&P 500 Equal Weight UCITS ETF AccumUSDAccumulating0.15%£3.0bn+14.0%+45.0%priceNot reportedNot reported
S5EQ UBS S&P 500 Equal Weight SF UCITS ETF AccumUSDAccumulating0.12%£8.3m+13.7%Not reportedNot reportedNot reported
XEWG Xtrackers S&P 500 Equal Weight UCITS ETF Accum-1D- Hedged GBPDistributing · Hedged to GBP0.17%£158m+12.1%+53.0%Not reportedNot reported
XEQL Xtrackers S&P 500 Equal Weight Swap UCITS ETF -1D- USDDistributing0.08%£15.4m+13.5%Not reportedNot reportedNot reported
XDWE Xtrackers S&P 500 Equal Weight UCITS ETFAccumulating0.15%£7.4bn+14.0%+44.2%+52.3%+19.0%
XDED Xtrackers S&P 500 Equal Weight UCITS ETF 2D USDDistributing0.15%£394m+13.9%+38.5%priceNot reportedNot reported

Source: TradingView (returns, size and most charges), fund issuers (some charges), ONS CPIH (inflation), as of , at least 15 min delayed

Questions people ask

How many UK funds track the S&P 500 Equal Weighted?

11 UK-listed funds Fundology covers track the S&P 500 Equal Weighted, as of 09/10/2026. 7 accumulate their income and 4 pay it out; 2 are currency-hedged share classes. They come from 5 providers: Amundi (1), Invesco (3), iShares (2), UBS (1), Xtrackers (4). Each fund is listed once, by one share class; its other share classes are on its own page.

Which S&P 500 Equal Weighted fund has the lowest ongoing charge?

The lowest ongoing charge among the 11 S&P 500 Equal Weighted funds Fundology tracks is 0.08% a year (XEQL), as of 09/10/2026. A lower charge does not guarantee a better return.

What is the largest S&P 500 Equal Weighted fund in the UK?

By fund size, XDWE (Xtrackers S&P 500 Equal Weight UCITS ETF) is the largest of the 11 funds here, at £7.4bn as reported on 09/10/2026. Size shows how widely a fund is held, not how it will perform.

What is the difference between the accumulating and distributing versions?

An accumulating share class reinvests the income from its holdings inside the fund, so it shows up as a rising price; a distributing class pays it out to holders as cash, usually a few times a year. Of the 11 S&P 500 Equal Weighted funds here, 7 accumulate and 4 distribute.

How is this list ordered?

Listed by name unless ordered by ongoing charge. No order on this page is a ranking or a recommendation.