500P.L vs. CSPX.L
500P.L (Franklin S&P 500 Paris Aligned Climate UCITS ETF) and CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) are both S&P 500 funds - 500P.L tracks the S&P 500 Net Zero 2050 Paris-Aligned ESG Index while CSPX.L tracks the S&P 500 Index. Both are passively managed. Over the past 5 years, 500P.L returned 14.50%/yr vs 14.94%/yr for CSPX.L. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.07% expense ratio.
Performance
500P.L vs. CSPX.L - Performance Comparison
Loading charts...
Different Trading Currencies
500P.L is traded in GBP, while CSPX.L is traded in USD. To make them comparable, the CSPX.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, 500P.L achieves a 8.20% return, which is significantly lower than CSPX.L's 10.72% return.
500P.L
- 1D
- 0.21%
- 1M
- 7.03%
- YTD
- 8.20%
- 6M
- 8.34%
- 1Y
- 24.84%
- 3Y*
- 18.32%
- 5Y*
- 14.50%
- 10Y*
- —
CSPX.L
- 1D
- 0.00%
- 1M
- 5.42%
- YTD
- 10.72%
- 6M
- 10.33%
- 1Y
- 29.03%
- 3Y*
- 19.08%
- 5Y*
- 14.94%
- 10Y*
- 16.07%
500P.L vs. CSPX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
500P.L Franklin S&P 500 Paris Aligned Climate UCITS ETF | 8.20% | 7.74% | 28.94% | 23.30% | -12.86% | 34.04% | 11.40% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 10.77% | 9.09% | 27.44% | 20.40% | -9.06% | 30.58% | 10.82% |
Correlation
The correlation between 500P.L and CSPX.L is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2020 | 0.90 |
The correlation between 500P.L and CSPX.L has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
500P.L vs. CSPX.L — Risk / Return Rank
500P.L
CSPX.L
500P.L vs. CSPX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin S&P 500 Paris Aligned Climate UCITS ETF (500P.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.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.
| 500P.L | CSPX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.44 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 3.95 | -1.66 |
| Martin ratioReturn relative to average drawdown | 7.12 | 13.49 | -6.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 500P.L | CSPX.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 2.38 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | 0.97 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.98 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.98 | +0.11 |
Drawdowns
500P.L vs. CSPX.L - Drawdown Comparison
The maximum 500P.L drawdown since its inception was -20.32%, smaller than the maximum CSPX.L drawdown of -25.99%. Use the drawdown chart below to compare losses from any high point for 500P.L and CSPX.L.
Loading charts...
Drawdown Indicators
| 500P.L | CSPX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.32% | -25.99% | +5.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.81% | -7.22% | -3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -20.32% | -21.16% | +0.84% |
Max Drawdown (5Y)Largest decline over 5 years | -20.32% | -21.16% | +0.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.99% | — |
Current DrawdownCurrent decline from peak | -0.10% | -0.28% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -3.29% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 2.13% | +1.35% |
Volatility
500P.L vs. CSPX.L - Volatility Comparison
The current volatility for Franklin S&P 500 Paris Aligned Climate UCITS ETF (500P.L) is 2.61%, while iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) has a volatility of 3.49%. This indicates that 500P.L experiences smaller price fluctuations and is considered to be less risky than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 500P.L | CSPX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 3.49% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 7.58% | 8.67% | -1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.75% | 11.99% | -1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 15.39% | -0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.07% | 16.37% | -1.30% |
500P.L vs. CSPX.L - Expense Ratio Comparison
Both 500P.L and CSPX.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
500P.L vs. CSPX.L - Dividend Comparison
Neither 500P.L nor CSPX.L has paid dividends to shareholders.
Frequently Asked Questions
500P.L and CSPX.L have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
500P.L and CSPX.L have the same expense ratio: 0.07% per year.
500P.L tracks S&P 500 Net Zero 2050 Paris-Aligned ESG Index, while CSPX.L tracks S&P 500 Index. They also come from different issuers: Franklin and BlackRock.
Find the right allocation for 500P.L and CSPX.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer