PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CS1.L vs. IMIB.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CS1.L vs. IMIB.L

Last updated Jun 25, 2026

CS1.L (Amundi ETF MSCI Spain UCITS ETF EUR (C)) and IMIB.L (iShares FTSE MIB UCITS ETF EUR (Dist)) are both Europe Equities funds - CS1.L tracks the BME IBEX 35 NR EUR while IMIB.L tracks the FTSE Italia AllShare TR EUR. Both are passively managed. Over the past 10 years, CS1.L returned 13.85%/yr vs 17.18%/yr for IMIB.L. Their correlation of 0.80 suggests significant overlap in exposure. CS1.L charges 0.25%/yr vs 0.35%/yr for IMIB.L.

Performance

CS1.L vs. IMIB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi ETF MSCI Spain UCITS ETF EUR (C) (CS1.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CS1.L achieves a 12.56% return, which is significantly lower than IMIB.L's 16.78% return. Over the past 10 years, CS1.L has underperformed IMIB.L with an annualized return of 13.85%, while IMIB.L has yielded a comparatively higher 17.18% annualized return.

CS1.L

1D
-0.38%
1M
8.23%
YTD
12.56%
6M
13.34%
1Y
44.50%
3Y*
32.98%
5Y*
20.62%
10Y*
13.85%

IMIB.L

1D
-0.73%
1M
4.20%
YTD
16.78%
6M
17.43%
1Y
37.72%
3Y*
29.79%
5Y*
20.47%
10Y*
17.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CS1.L vs. IMIB.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CS1.L
Amundi ETF MSCI Spain UCITS ETF EUR (C)		12.56%62.63%14.12%24.14%4.89%0.59%-7.48%8.06%-11.27%15.93%
IMIB.L
iShares FTSE MIB UCITS ETF EUR (Dist)		16.78%43.78%13.17%30.55%-3.59%18.30%1.46%24.85%-12.68%20.95%

Correlation

The correlation between CS1.L and IMIB.L is 0.81, 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

0.81

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

0.77

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

0.79

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

0.79

Correlation (All Time)
Calculated using the full available price history since Sep 16, 2008

0.80

The correlation between CS1.L and IMIB.L has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.

CS1.L vs. IMIB.L - Sectors Allocation Comparison

Sectors
CS1.L
IMIB.L

Financial Services

40.7%
45.3%

Utilities

18.1%
15.9%

Industrials

15.9%
11.4%

Consumer Cyclical

11.0%
9.9%

Technology

3.5%
5.5%

Real Estate

3.3%
0.3%

Energy

2.6%
7.9%

Communication Services

2.4%
1.7%

Basic Materials

1.5%
0.5%

Healthcare

0.6%
1.2%

Consumer Defensive

0.3%
0.4%

Financial Services

CS1.L
40.7%
IMIB.L
45.3%

Utilities

CS1.L
18.1%
IMIB.L
15.9%

Industrials

CS1.L
15.9%
IMIB.L
11.4%

Consumer Cyclical

CS1.L
11.0%
IMIB.L
9.9%

Technology

CS1.L
3.5%
IMIB.L
5.5%

Real Estate

CS1.L
3.3%
IMIB.L
0.3%

Energy

CS1.L
2.6%
IMIB.L
7.9%

Communication Services

CS1.L
2.4%
IMIB.L
1.7%

Basic Materials

CS1.L
1.5%
IMIB.L
0.5%

Healthcare

CS1.L
0.6%
IMIB.L
1.2%

Consumer Defensive

CS1.L
0.3%
IMIB.L
0.4%

Compare stocks, funds, or ETFs

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

Amundi ETF MSCI Spain UCITS ETF EUR (C)

iShares FTSE MIB UCITS ETF EUR (Dist)

Often compared with CS1.L:
CS1.L vs. VOOCS1.L vs. CSWG.LCS1.L vs. WDEP.LCS1.L vs. EDIV.LCS1.L vs. FEQD.LCS1.L vs. EGRW.LCS1.L vs. PRUK.L
Often compared with IMIB.L:
IMIB.L vs. ESIF.LIMIB.L vs. SPMOIMIB.L vs. X7PP.LIMIB.L vs. VOOIMIB.L vs. BNKE.LIMIB.L vs. PSRE.LIMIB.L vs. EEIP.L

Return for Risk

CS1.L vs. IMIB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CS1.L
CS1.L Risk / Return Rank: 8787
Overall Rank
CS1.L Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
CS1.L Sortino Ratio Rank: 8989
Sortino Ratio Rank
CS1.L Omega Ratio Rank: 8989
Omega Ratio Rank
CS1.L Calmar Ratio Rank: 8686
Calmar Ratio Rank
CS1.L Martin Ratio Rank: 8282
Martin Ratio Rank
IMIB.L
IMIB.L Risk / Return Rank: 8282
Overall Rank
IMIB.L Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
IMIB.L Sortino Ratio Rank: 8585
Sortino Ratio Rank
IMIB.L Omega Ratio Rank: 8383
Omega Ratio Rank
IMIB.L Calmar Ratio Rank: 7979
Calmar Ratio Rank
IMIB.L Martin Ratio Rank: 7878
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.

CS1.L vs. IMIB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi ETF MSCI Spain UCITS ETF EUR (C) (CS1.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.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.

CS1.LIMIB.LDifference
Sharpe ratioReturn per unit of total volatility
2.73
2.49

+0.23

Sortino ratioReturn per unit of downside risk
3.60
3.36

+0.23

Omega ratioGain probability vs. loss probability

1.49

1.44

+0.05

Calmar ratioReturn relative to maximum drawdown

4.28

3.65

+0.63

Martin ratioReturn relative to average drawdown

14.54

13.36

+1.19

CS1.L vs. IMIB.L - Sharpe Ratio Comparison

The current CS1.L Sharpe Ratio is 2.73, which is comparable to the IMIB.L Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of CS1.L and IMIB.L, 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...

Drawdowns

CS1.L vs. IMIB.L - Drawdown Comparison

The maximum CS1.L drawdown since its inception was -57.96%, smaller than the maximum IMIB.L drawdown of -70.29%. Use the drawdown chart below to compare losses from any high point for CS1.L and IMIB.L.

Loading charts...

Drawdown Indicators

CS1.LIMIB.LDifference

Max Drawdown

Largest peak-to-trough decline

-57.96%

-70.29%

+12.33%

Max Drawdown (1Y)

Largest decline over 1 year

-10.34%

-10.28%

-0.06%

Max Drawdown (3Y)

Largest decline over 3 years

-12.64%

-15.58%

+2.94%

Max Drawdown (5Y)

Largest decline over 5 years

-17.57%

-24.06%

+6.49%

Max Drawdown (10Y)

Largest decline over 10 years

-38.87%

-36.68%

-2.19%

Current Drawdown

Current decline from peak

-0.93%

-2.87%

+1.94%

Average Drawdown

Average peak-to-trough decline

-17.29%

-32.97%

+15.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.05%

2.82%

+0.23%

Volatility

CS1.L vs. IMIB.L - Volatility Comparison

Amundi ETF MSCI Spain UCITS ETF EUR (C) (CS1.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L) have volatilities of 3.91% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CS1.LIMIB.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.91%

4.08%

-0.17%

Volatility (6M)

Calculated over the trailing 6-month period

13.63%

12.35%

+1.28%

Volatility (1Y)

Calculated over the trailing 1-year period

16.28%

15.10%

+1.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.78%

17.94%

+0.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.32%

19.35%

-0.03%

CS1.L vs. IMIB.L - Expense Ratio Comparison

CS1.L has a 0.25% expense ratio, which is lower than IMIB.L's 0.35% expense ratio.

Dividends

CS1.L vs. IMIB.L - Dividend Comparison

CS1.L has not paid dividends to shareholders, while IMIB.L's dividend yield for the trailing twelve months is around 3.75%.

PositionTTM20252024202320222021202020192018201720162015
CS1.L
Amundi ETF MSCI Spain UCITS ETF EUR (C)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IMIB.L
iShares FTSE MIB UCITS ETF EUR (Dist)		3.75%3.83%4.53%3.77%3.90%3.15%1.44%3.41%3.25%2.29%2.82%2.15%

Frequently Asked Questions

CS1.L and IMIB.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CS1.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CS1.L is cheaper with a 0.25% expense ratio, compared with 0.35% for IMIB.L.

CS1.L tracks BME IBEX 35 NR EUR, while IMIB.L tracks FTSE Italia AllShare TR EUR. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.25% for CS1.L and 0.35% for IMIB.L.

Portfolio Optimizer

Find the right allocation for CS1.L and IMIB.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