PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CHSPI.SW vs. TDT.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CHSPI.SW vs. TDT.AS

Last updated Jun 4, 2026

CHSPI.SW (iShares Core SPI® ETF (CH)) and TDT.AS (VanEck AEX UCITS ETF) are both Europe Equities funds - CHSPI.SW tracks the Swiss Performance Index while TDT.AS tracks the Euronext AEX All Share TR EUR. Both are passively managed. Over the past 10 years, CHSPI.SW returned 7.78%/yr vs 9.62%/yr for TDT.AS. A 0.70 correlation means they provide meaningful diversification when combined. CHSPI.SW charges 0.10%/yr vs 0.30%/yr for TDT.AS.

Performance

CHSPI.SW vs. TDT.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in iShares Core SPI® ETF (CH) (CHSPI.SW) and VanEck AEX UCITS ETF (TDT.AS). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

CHSPI.SW is traded in CHF, while TDT.AS is traded in EUR. To make them comparable, the TDT.AS values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, CHSPI.SW achieves a 2.84% return, which is significantly lower than TDT.AS's 9.85% return. Over the past 10 years, CHSPI.SW has underperformed TDT.AS with an annualized return of 7.78%, while TDT.AS has yielded a comparatively higher 9.62% annualized return.

CHSPI.SW

1D
-0.59%
1M
1.86%
YTD
2.84%
6M
5.90%
1Y
11.09%
3Y*
7.41%
5Y*
4.57%
10Y*
7.78%

TDT.AS

1D
0.02%
1M
4.88%
YTD
9.85%
6M
9.70%
1Y
13.97%
3Y*
11.41%
5Y*
6.47%
10Y*
9.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHSPI.SW vs. TDT.AS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CHSPI.SW
iShares Core SPI® ETF (CH)		2.84%17.87%5.72%5.96%-16.46%23.33%4.07%30.42%-8.30%19.00%
TDT.AS
VanEck AEX UCITS ETF		9.85%9.59%15.86%9.83%-16.15%25.18%4.98%23.39%-11.06%26.99%

Correlation

The correlation between CHSPI.SW and TDT.AS is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.64

Correlation (10Y)
Calculated over the trailing 10-year period

0.69

Correlation (All Time)
Calculated using the full available price history since Apr 30, 2014

0.70

The correlation between CHSPI.SW and TDT.AS shifts across timeframes, from 0.54 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core SPI® ETF (CH)

VanEck AEX UCITS ETF

Often compared with CHSPI.SW:
CHSPI.SW vs. CHDVD.SWCHSPI.SW vs. EWLCHSPI.SW vs. VWRL.LCHSPI.SW vs. SPICHA.SWCHSPI.SW vs. WMTS.SWCHSPI.SW vs. VWRA.LCHSPI.SW vs. VT
Often compared with TDT.AS:
TDT.AS vs. TDIV.ASTDT.AS vs. VOOTDT.AS vs. ISX5.LTDT.AS vs. VEUR.ASTDT.AS vs. IUSA.LTDT.AS vs. IMAE.ASTDT.AS vs. VUSA.AS

Return for Risk

CHSPI.SW vs. TDT.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHSPI.SW
CHSPI.SW Risk / Return Rank: 2626
Overall Rank
CHSPI.SW Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
CHSPI.SW Sortino Ratio Rank: 2525
Sortino Ratio Rank
CHSPI.SW Omega Ratio Rank: 2727
Omega Ratio Rank
CHSPI.SW Calmar Ratio Rank: 2323
Calmar Ratio Rank
CHSPI.SW Martin Ratio Rank: 2727
Martin Ratio Rank
TDT.AS
TDT.AS Risk / Return Rank: 3636
Overall Rank
TDT.AS Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
TDT.AS Sortino Ratio Rank: 3333
Sortino Ratio Rank
TDT.AS Omega Ratio Rank: 3131
Omega Ratio Rank
TDT.AS Calmar Ratio Rank: 4747
Calmar Ratio Rank
TDT.AS Martin Ratio Rank: 3737
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHSPI.SW vs. TDT.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core SPI® ETF (CH) (CHSPI.SW) and VanEck AEX UCITS ETF (TDT.AS). 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.

CHSPI.SWTDT.ASDifference
Sharpe ratioReturn per unit of total volatility
0.95
1.02

-0.07

Sortino ratioReturn per unit of downside risk
1.40
1.47

-0.07

Omega ratioGain probability vs. loss probability

1.18

1.18

0.00

Calmar ratioReturn relative to maximum drawdown

1.07

2.07

-1.00

Martin ratioReturn relative to average drawdown

3.88

4.68

-0.80

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHSPI.SW vs. TDT.AS - Sharpe Ratio Comparison

The current CHSPI.SW Sharpe Ratio is 0.95, which is comparable to the TDT.AS Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of CHSPI.SW and TDT.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

CHSPI.SWTDT.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

1.02

-0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.38

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.54

+0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.35

+0.11

Drawdowns

CHSPI.SW vs. TDT.AS - Drawdown Comparison

The maximum CHSPI.SW drawdown since its inception was -26.58%, smaller than the maximum TDT.AS drawdown of -42.66%. Use the drawdown chart below to compare losses from any high point for CHSPI.SW and TDT.AS.

Loading charts...

Drawdown Indicators

CHSPI.SWTDT.ASDifference

Max Drawdown

Largest peak-to-trough decline

-26.58%

-42.66%

+16.08%

Max Drawdown (1Y)

Largest decline over 1 year

-10.56%

-6.66%

-3.90%

Max Drawdown (3Y)

Largest decline over 3 years

-16.00%

-18.19%

+2.19%

Max Drawdown (5Y)

Largest decline over 5 years

-21.75%

-28.78%

+7.03%

Max Drawdown (10Y)

Largest decline over 10 years

-26.58%

-36.05%

+9.47%

Current Drawdown

Current decline from peak

-2.49%

0.00%

-2.49%

Average Drawdown

Average peak-to-trough decline

-5.61%

-8.39%

+2.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

2.97%

-0.09%

Volatility

CHSPI.SW vs. TDT.AS - Volatility Comparison

The current volatility for iShares Core SPI® ETF (CH) (CHSPI.SW) is 3.42%, while VanEck AEX UCITS ETF (TDT.AS) has a volatility of 4.07%. This indicates that CHSPI.SW experiences smaller price fluctuations and is considered to be less risky than TDT.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CHSPI.SWTDT.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.42%

4.07%

-0.65%

Volatility (6M)

Calculated over the trailing 6-month period

9.58%

10.77%

-1.19%

Volatility (1Y)

Calculated over the trailing 1-year period

11.91%

13.60%

-1.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.55%

16.91%

-3.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.30%

17.61%

-3.31%

CHSPI.SW vs. TDT.AS - Expense Ratio Comparison

CHSPI.SW has a 0.10% expense ratio, which is lower than TDT.AS's 0.30% expense ratio.

Dividends

CHSPI.SW vs. TDT.AS - Dividend Comparison

CHSPI.SW's dividend yield for the trailing twelve months is around 2.92%, more than TDT.AS's 2.84% yield.

PositionTTM20252024202320222021202020192018201720162015
CHSPI.SW
iShares Core SPI® ETF (CH)		2.92%2.65%2.98%2.94%2.84%2.27%2.59%2.66%3.85%2.71%3.15%2.67%
TDT.AS
VanEck AEX UCITS ETF		2.84%2.28%2.40%2.24%2.32%1.69%1.75%3.24%3.37%3.04%3.28%2.54%

Frequently Asked Questions

CHSPI.SW and TDT.AS have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CHSPI.SW is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CHSPI.SW is cheaper with a 0.10% expense ratio, compared with 0.30% for TDT.AS.

CHSPI.SW tracks Swiss Performance Index, while TDT.AS tracks Euronext AEX All Share TR EUR. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.10% for CHSPI.SW and 0.30% for TDT.AS.

Portfolio Optimizer

Find the right allocation for CHSPI.SW and TDT.AS

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