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CHSPI.SW vs. XDEW.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CHSPI.SW vs. XDEW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in iShares Core SPI® ETF (CH) (CHSPI.SW) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CHSPI.SW is traded in CHF, while XDEW.DE is traded in EUR. To make them comparable, the XDEW.DE 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 XDEW.DE's 8.64% return. Over the past 10 years, CHSPI.SW has underperformed XDEW.DE with an annualized return of 7.78%, while XDEW.DE has yielded a comparatively higher 9.23% 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%

XDEW.DE

1D
0.60%
1M
4.56%
YTD
8.64%
6M
9.17%
1Y
15.09%
3Y*
9.98%
5Y*
5.39%
10Y*
9.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHSPI.SW vs. XDEW.DE - 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%
XDEW.DE
Xtrackers S&P 500 Equal Weight UCITS ETF 1C
8.64%-1.56%20.13%3.39%-11.02%35.15%0.98%26.63%-8.16%13.66%

Correlation

The correlation between CHSPI.SW and XDEW.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.45

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

0.46

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

0.53

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

0.58

Correlation (All Time)
Calculated using the full available price history since Aug 18, 2014

0.60

The correlation between CHSPI.SW and XDEW.DE shifts across timeframes, from 0.45 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

CHSPI.SW vs. XDEW.DE — 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

XDEW.DE
XDEW.DE Risk / Return Rank: 5353
Overall Rank
XDEW.DE Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
XDEW.DE Sortino Ratio Rank: 4646
Sortino Ratio Rank
XDEW.DE Omega Ratio Rank: 4646
Omega Ratio Rank
XDEW.DE Calmar Ratio Rank: 6969
Calmar Ratio Rank
XDEW.DE Martin Ratio Rank: 5858
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. XDEW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core SPI® ETF (CH) (CHSPI.SW) and Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE). 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.SWXDEW.DEDifference
Sharpe ratioReturn per unit of total volatility

-0.37

Sortino ratioReturn per unit of downside risk

-0.44

Omega ratioGain probability vs. loss probability

1.18

1.24

-0.06

Calmar ratioReturn relative to maximum drawdown

1.07

2.48

-1.41

Martin ratioReturn relative to average drawdown

3.88

6.97

-3.09

CHSPI.SW vs. XDEW.DE - Sharpe Ratio Comparison

The current CHSPI.SW Sharpe Ratio is 0.95, which is comparable to the XDEW.DE Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of CHSPI.SW and XDEW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


CHSPI.SWXDEW.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

1.32

-0.37

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.34

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.52

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.49

-0.02

Drawdowns

CHSPI.SW vs. XDEW.DE - Drawdown Comparison

The maximum CHSPI.SW drawdown since its inception was -26.58%, smaller than the maximum XDEW.DE drawdown of -39.19%. Use the drawdown chart below to compare losses from any high point for CHSPI.SW and XDEW.DE.


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Drawdown Indicators


CHSPI.SWXDEW.DEDifference

Max Drawdown

Largest peak-to-trough decline

-26.58%

-39.19%

+12.61%

Max Drawdown (1Y)

Largest decline over 1 year

-10.56%

-6.05%

-4.51%

Max Drawdown (3Y)

Largest decline over 3 years

-16.00%

-22.24%

+6.24%

Max Drawdown (5Y)

Largest decline over 5 years

-21.75%

-22.24%

+0.49%

Max Drawdown (10Y)

Largest decline over 10 years

-26.58%

-39.19%

+12.61%

Current Drawdown

Current decline from peak

-2.49%

0.00%

-2.49%

Average Drawdown

Average peak-to-trough decline

-5.61%

-5.57%

-0.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

2.16%

+0.72%

Volatility

CHSPI.SW vs. XDEW.DE - Volatility Comparison

iShares Core SPI® ETF (CH) (CHSPI.SW) has a higher volatility of 3.42% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 1.98%. This indicates that CHSPI.SW's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CHSPI.SWXDEW.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.42%

1.98%

+1.44%

Volatility (6M)

Calculated over the trailing 6-month period

9.58%

7.40%

+2.18%

Volatility (1Y)

Calculated over the trailing 1-year period

11.91%

11.52%

+0.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.55%

15.76%

-2.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.30%

17.70%

-3.40%

CHSPI.SW vs. XDEW.DE - Expense Ratio Comparison

CHSPI.SW has a 0.10% expense ratio, which is lower than XDEW.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

CHSPI.SW vs. XDEW.DE - Dividend Comparison

CHSPI.SW's dividend yield for the trailing twelve months is around 2.92%, while XDEW.DE has not paid dividends to shareholders.


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%
XDEW.DE
Xtrackers S&P 500 Equal Weight UCITS ETF 1C
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


CHSPI.SW and XDEW.DE have a correlation of 0.45, 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 0.20% for XDEW.DE.

CHSPI.SW is categorized as Europe Equities, while XDEW.DE is S&P 500. CHSPI.SW tracks Swiss Performance Index, while XDEW.DE tracks S&P 500 Equal Weight Index. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.10% for CHSPI.SW and 0.20% for XDEW.DE.

Portfolio Optimizer

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