CSP1.L vs. EYED.L

Last updated Jun 5, 2026

CSP1.L (iShares Core S&P 500 UCITS ETF) and EYED.L (iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)) are both exchange-traded funds - CSP1.L is a S&P 500 fund tracking the S&P 500 Index, while EYED.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, CSP1.L returned 19.02%/yr vs 17.65%/yr for EYED.L. At a 0.16 correlation, their price movements are largely independent. CSP1.L charges 0.07%/yr vs 0.18%/yr for EYED.L.

Performance

CSP1.L vs. EYED.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Core S&P 500 UCITS ETF (CSP1.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CSP1.L is traded in GBp, while EYED.L is traded in GBP. To make them comparable, the EYED.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CSP1.L achieves a 10.55% return, which is significantly lower than EYED.L's 34.28% return.

CSP1.L

• 1D: 0.05%
• 1M: 5.54%
• YTD: 10.55%
• 6M: 10.48%
• 1Y: 29.13%
• 3Y*: 19.02%
• 5Y*: 14.94%
• 10Y*: 16.07%

EYED.L

• 1D: -1.18%
• 1M: -2.75%
• YTD: 34.28%
• 6M: 30.34%
• 1Y: 58.34%
• 3Y*: 17.65%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSP1.L vs. EYED.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CSP1.L iShares Core S&P 500 UCITS ETF	10.55%	9.37%	27.35%	19.79%	-3.40%
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)	34.28%	20.20%	-10.02%	5.93%	5.36%

Correlation

The correlation between CSP1.L and EYED.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 10, 2022	0.16

The correlation between CSP1.L and EYED.L shifts across timeframes, from -0.12 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

CSP1.L vs. EYED.L - Sectors Allocation Comparison

Sectors	CSP1.L	EYED.L
Technology	38.0%	-
Financial Services	11.3%	-
Communication Services	10.7%	0.8%
Consumer Cyclical	9.9%	-
Healthcare	8.4%	-
Industrials	7.9%	-
Consumer Defensive	4.7%	-
Energy	3.4%	99.2%
Utilities	2.2%	-
Real Estate	1.9%	-
Basic Materials	1.7%	-

Return for Risk

CSP1.L vs. EYED.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSP1.L

CSP1.L Risk / Return Rank: 82
CSP1.L Sharpe Ratio Rank: 84
CSP1.L Sortino Ratio Rank: 83
CSP1.L Omega Ratio Rank: 85
CSP1.L Calmar Ratio Rank: 80
CSP1.L Martin Ratio Rank: 78

EYED.L

EYED.L Risk / Return Rank: 78
EYED.L Sharpe Ratio Rank: 81
EYED.L Sortino Ratio Rank: 69
EYED.L Omega Ratio Rank: 77
EYED.L Calmar Ratio Rank: 86
EYED.L Martin Ratio Rank: 77

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.

CSP1.L vs. EYED.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF (CSP1.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.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.

	CSP1.L	EYED.L	Difference
Sharpe ratio: Return per unit of total volatility	2.73	2.60	+0.13
Sortino ratio: Return per unit of downside risk	3.66	3.09	+0.57
Omega ratio: Gain probability vs. loss probability	1.51	1.45	+0.06
Calmar ratio: Return relative to maximum drawdown	4.07	4.79	-0.72
Martin ratio: Return relative to average drawdown	14.99	14.52	+0.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSP1.L vs. EYED.L - Sharpe Ratio Comparison

The current CSP1.L Sharpe Ratio is 2.73, which is comparable to the EYED.L Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of CSP1.L and EYED.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.

Sharpe Ratios by Period

	CSP1.L	EYED.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.73	2.60	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.67	+0.42

Drawdowns

CSP1.L vs. EYED.L - Drawdown Comparison

The maximum CSP1.L drawdown since its inception was -25.48%, roughly equal to the maximum EYED.L drawdown of -25.34%. Use the drawdown chart below to compare losses from any high point for CSP1.L and EYED.L.

Drawdown Indicators

	CSP1.L	EYED.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.48%	-25.34%	-0.14%
Max Drawdown (1Y) Largest decline over 1 year	-7.12%	-12.12%	+5.00%
Max Drawdown (3Y) Largest decline over 3 years	-20.77%	-25.34%	+4.57%
Max Drawdown (5Y) Largest decline over 5 years	-20.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.48%	—	—
Current Drawdown Current decline from peak	-0.24%	-7.53%	+7.29%
Average Drawdown Average peak-to-trough decline	-3.32%	-8.26%	+4.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	4.01%	-2.07%

Volatility

CSP1.L vs. EYED.L - Volatility Comparison

The current volatility for iShares Core S&P 500 UCITS ETF (CSP1.L) is 2.62%, while iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L) has a volatility of 8.43%. This indicates that CSP1.L experiences smaller price fluctuations and is considered to be less risky than EYED.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSP1.L	EYED.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	8.43%	-5.81%
Volatility (6M) Calculated over the trailing 6-month period	7.16%	18.97%	-11.81%
Volatility (1Y) Calculated over the trailing 1-year period	10.62%	22.35%	-11.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.31%	21.02%	-6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.57%	21.02%	-5.45%

CSP1.L vs. EYED.L - Expense Ratio Comparison

CSP1.L has a 0.07% expense ratio, which is lower than EYED.L's 0.18% 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

CSP1.L vs. EYED.L - Dividend Comparison

CSP1.L has not paid dividends to shareholders, while EYED.L's dividend yield for the trailing twelve months is around 3.87%.

Position	TTM	2025	2024	2023
CSP1.L iShares Core S&P 500 UCITS ETF	0.00%	0.00%	0.00%	0.00%
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)	3.87%	5.09%	5.79%	5.09%

Frequently Asked Questions

Can I hold both CSP1.L and EYED.L in my portfolio?

CSP1.L and EYED.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSP1.L or EYED.L?

On fees, CSP1.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSP1.L or EYED.L?

CSP1.L is cheaper with a 0.07% expense ratio, compared with 0.18% for EYED.L.

What is the main difference between CSP1.L and EYED.L?

CSP1.L is categorized as S&P 500, while EYED.L is Energy Equities. CSP1.L tracks S&P 500 Index, while EYED.L tracks MSCI World/Energy NR USD. Their fees differ too: 0.07% for CSP1.L and 0.18% for EYED.L.