ADBE vs. CSPX.L
ADBE (Adobe Inc) is a stock, while CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, ADBE returned 7.72%/yr vs 15.24%/yr for CSPX.L. At a 0.37 correlation, their price movements are largely independent.
Performance
ADBE vs. CSPX.L - Performance Comparison
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Returns By Period
In the year-to-date period, ADBE achieves a -41.71% return, which is significantly lower than CSPX.L's 8.40% return. Over the past 10 years, ADBE has underperformed CSPX.L with an annualized return of 7.72%, while CSPX.L has yielded a comparatively higher 15.24% annualized return.
ADBE
- 1D
- -6.76%
- 1M
- -13.92%
- YTD
- -41.71%
- 6M
- -42.76%
- 1Y
- -47.91%
- 3Y*
- -24.76%
- 5Y*
- -17.73%
- 10Y*
- 7.72%
CSPX.L
- 1D
- 2.02%
- 1M
- -0.83%
- YTD
- 8.40%
- 6M
- 9.68%
- 1Y
- 24.86%
- 3Y*
- 20.75%
- 5Y*
- 13.23%
- 10Y*
- 15.24%
ADBE vs. CSPX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADBE Adobe Inc | -41.71% | -21.29% | -25.46% | 77.28% | -40.65% | 13.38% | 51.64% | 45.78% | 29.10% | 70.22% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 8.40% | 17.45% | 25.25% | 26.74% | -18.72% | 29.35% | 17.62% | 30.55% | -5.46% | 21.60% |
Correlation
The correlation between ADBE and CSPX.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2010 | 0.37 |
Over the past year, the correlation between ADBE and CSPX.L has dropped to 0.14 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
ADBE vs. CSPX.L — Risk / Return Rank
ADBE
CSPX.L
ADBE vs. CSPX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adobe Inc (ADBE) 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.
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.
| ADBE | CSPX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.48 | ||
| Sortino ratioReturn per unit of downside risk | -5.32 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.36 | -0.64 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | 2.98 | -4.02 |
| Martin ratioReturn relative to average drawdown | -1.99 | 12.45 | -14.44 |
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Drawdowns
ADBE vs. CSPX.L - Drawdown Comparison
The maximum ADBE drawdown since its inception was -79.89%, which is greater than CSPX.L's maximum drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for ADBE and CSPX.L.
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Drawdown Indicators
| ADBE | CSPX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.89% | -33.90% | -45.99% |
Max Drawdown (1Y)Largest decline over 1 year | -49.21% | -8.17% | -41.04% |
Max Drawdown (3Y)Largest decline over 3 years | -67.86% | -18.50% | -49.36% |
Max Drawdown (5Y)Largest decline over 5 years | -70.36% | -24.39% | -45.97% |
Max Drawdown (10Y)Largest decline over 10 years | -70.36% | -33.90% | -36.46% |
Current DrawdownCurrent decline from peak | -70.36% | -2.27% | -68.09% |
Average DrawdownAverage peak-to-trough decline | -25.99% | -3.72% | -22.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.31% | 1.96% | +25.35% |
Volatility
ADBE vs. CSPX.L - Volatility Comparison
Adobe Inc (ADBE) has a higher volatility of 16.64% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 4.01%. This indicates that ADBE's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADBE | CSPX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.64% | 4.01% | +12.63% |
Volatility (6M)Calculated over the trailing 6-month period | 29.17% | 9.03% | +20.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.08% | 12.04% | +23.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.54% | 16.03% | +20.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.48% | 16.22% | +18.26% |
Dividends
ADBE vs. CSPX.L - Dividend Comparison
Neither ADBE nor CSPX.L has paid dividends to shareholders.
Frequently Asked Questions
ADBE and CSPX.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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