CPXJ.L vs. SPYU.DE
CPXJ.L (iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc) and SPYU.DE (SPDR MSCI Europe Utilities UCITS ETF) are both exchange-traded funds - CPXJ.L is a Asia Pacific Equities fund tracking the MSCI Pacific Ex Japan NR USD, while SPYU.DE is a Utilities Equities fund tracking the MSCI Europe Utilities 20/35 Capped. Both are passively managed. Over the past 10 years, CPXJ.L returned 7.77%/yr vs 10.90%/yr for SPYU.DE. At a 0.49 correlation, their price movements are largely independent. CPXJ.L charges 0.20%/yr vs 0.18%/yr for SPYU.DE.
Performance
CPXJ.L vs. SPYU.DE - Performance Comparison
Loading charts...
Different Trading Currencies
CPXJ.L is traded in USD, while SPYU.DE is traded in EUR. To make them comparable, the SPYU.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CPXJ.L achieves a 7.67% return, which is significantly lower than SPYU.DE's 12.35% return. Over the past 10 years, CPXJ.L has underperformed SPYU.DE with an annualized return of 7.77%, while SPYU.DE has yielded a comparatively higher 10.90% annualized return.
CPXJ.L
- 1D
- -0.54%
- 1M
- -0.93%
- YTD
- 7.67%
- 6M
- 8.67%
- 1Y
- 16.44%
- 3Y*
- 11.86%
- 5Y*
- 5.30%
- 10Y*
- 7.77%
SPYU.DE
- 1D
- 0.41%
- 1M
- -0.59%
- YTD
- 12.35%
- 6M
- 13.30%
- 1Y
- 27.98%
- 3Y*
- 18.60%
- 5Y*
- 11.30%
- 10Y*
- 10.90%
CPXJ.L vs. SPYU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPXJ.L iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc | 7.67% | 20.05% | 5.35% | 5.87% | -5.98% | 4.27% | 6.80% | 18.07% | -10.72% | 26.08% |
SPYU.DE SPDR MSCI Europe Utilities UCITS ETF | 12.35% | 51.71% | -4.78% | 17.16% | -13.03% | 0.22% | 21.86% | 29.12% | -2.41% | 24.47% |
Correlation
The correlation between CPXJ.L and SPYU.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2010 | 0.49 |
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
CPXJ.L vs. SPYU.DE — Risk / Return Rank
CPXJ.L
SPYU.DE
CPXJ.L vs. SPYU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPXJ.L) and SPDR MSCI Europe Utilities UCITS ETF (SPYU.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.
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.
| CPXJ.L | SPYU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.30 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 3.11 | -1.15 |
| Martin ratioReturn relative to average drawdown | 5.79 | 8.35 | -2.56 |
Loading charts...
Drawdowns
CPXJ.L vs. SPYU.DE - Drawdown Comparison
The maximum CPXJ.L drawdown since its inception was -38.92%, which is greater than SPYU.DE's maximum drawdown of -35.69%. Use the drawdown chart below to compare losses from any high point for CPXJ.L and SPYU.DE.
Loading charts...
Drawdown Indicators
| CPXJ.L | SPYU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.92% | -35.69% | -3.23% |
Max Drawdown (1Y)Largest decline over 1 year | -8.50% | -8.97% | +0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -19.25% | -17.75% | -1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -24.27% | -34.04% | +9.77% |
Max Drawdown (10Y)Largest decline over 10 years | -38.92% | -35.69% | -3.23% |
Current DrawdownCurrent decline from peak | -4.12% | -5.45% | +1.33% |
Average DrawdownAverage peak-to-trough decline | -8.34% | -12.28% | +3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 3.34% | -0.46% |
Volatility
CPXJ.L vs. SPYU.DE - Volatility Comparison
iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF USD Acc (CPXJ.L) has a higher volatility of 4.89% compared to SPDR MSCI Europe Utilities UCITS ETF (SPYU.DE) at 3.53%. This indicates that CPXJ.L's price experiences larger fluctuations and is considered to be riskier than SPYU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CPXJ.L | SPYU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 3.53% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 11.56% | 14.09% | -2.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.93% | 16.65% | -2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 18.87% | -1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.01% | 19.19% | -1.18% |
CPXJ.L vs. SPYU.DE - Expense Ratio Comparison
CPXJ.L has a 0.20% expense ratio, which is higher than SPYU.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CPXJ.L vs. SPYU.DE - Dividend Comparison
Neither CPXJ.L nor SPYU.DE has paid dividends to shareholders.
Frequently Asked Questions
CPXJ.L and SPYU.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYU.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for CPXJ.L.
CPXJ.L is categorized as Asia Pacific Equities, while SPYU.DE is Utilities Equities. CPXJ.L tracks MSCI Pacific Ex Japan NR USD, while SPYU.DE tracks MSCI Europe Utilities 20/35 Capped. They also come from different issuers: iShares and State Street. Their fees differ too: 0.20% for CPXJ.L and 0.18% for SPYU.DE.
Find the right allocation for CPXJ.L and SPYU.DE
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