CSPE.L vs. XS3R.L

Last updated Jun 5, 2026

CSPE.L (SPDR MSCI Europe Consumer Staples UCITS ETF) and XS3R.L (Xtrackers MSCI Europe Consumer Staples ESG Screened UCITS ETF 1C) are both Consumer Staples Equities funds tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, from State Street and Xtrackers respectively. Both are passively managed. Over the past 3 years, CSPE.L returned 0.03%/yr vs -5.12%/yr for XS3R.L. A 0.52 correlation means they provide meaningful diversification when combined. CSPE.L charges 0.18%/yr vs 0.20%/yr for XS3R.L.

Performance

CSPE.L vs. XS3R.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR MSCI Europe Consumer Staples UCITS ETF (CSPE.L) and Xtrackers MSCI Europe Consumer Staples ESG Screened UCITS ETF 1C (XS3R.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CSPE.L is traded in GBP, while XS3R.L is traded in GBp. To make them comparable, the XS3R.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with CSPE.L having a -2.88% return and XS3R.L slightly lower at -2.91%.

CSPE.L

• 1D: -0.53%
• 1M: -0.72%
• YTD: -2.88%
• 6M: -2.63%
• 1Y: -2.21%
• 3Y*: 0.03%
• 5Y*: —
• 10Y*: —

XS3R.L

• 1D: -0.16%
• 1M: -0.32%
• YTD: -2.91%
• 6M: -2.78%
• 1Y: -6.99%
• 3Y*: -5.12%
• 5Y*: -2.72%
• 10Y*: 2.67%

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

CSPE.L vs. XS3R.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CSPE.L SPDR MSCI Europe Consumer Staples UCITS ETF	-2.88%	13.19%	-6.25%	-0.65%	0.64%
XS3R.L Xtrackers MSCI Europe Consumer Staples ESG Screened UCITS ETF 1C	-2.91%	3.47%	-13.00%	-0.64%	1.01%

Correlation

The correlation between CSPE.L and XS3R.L is 0.84, 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	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Apr 5, 2022	0.52

Over the past year, CSPE.L and XS3R.L have become more correlated (0.84) than their long-term average of 0.52, meaning their price movements have been converging.

Return for Risk

CSPE.L vs. XS3R.L — Risk / Return Rank

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

CSPE.L

CSPE.L Risk / Return Rank: 7
CSPE.L Sharpe Ratio Rank: 7
CSPE.L Sortino Ratio Rank: 7
CSPE.L Omega Ratio Rank: 7
CSPE.L Calmar Ratio Rank: 7
CSPE.L Martin Ratio Rank: 7

XS3R.L

XS3R.L Risk / Return Rank: 5
XS3R.L Sharpe Ratio Rank: 5
XS3R.L Sortino Ratio Rank: 5
XS3R.L Omega Ratio Rank: 5
XS3R.L Calmar Ratio Rank: 5
XS3R.L Martin Ratio Rank: 5

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.

CSPE.L vs. XS3R.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Consumer Staples UCITS ETF (CSPE.L) and Xtrackers MSCI Europe Consumer Staples ESG Screened UCITS ETF 1C (XS3R.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.

	CSPE.L	XS3R.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	-0.45	+0.28
Sortino ratio: Return per unit of downside risk	-0.14	-0.53	+0.39
Omega ratio: Gain probability vs. loss probability	0.98	0.94	+0.05
Calmar ratio: Return relative to maximum drawdown	-0.16	-0.40	+0.24
Martin ratio: Return relative to average drawdown	-0.38	-0.92	+0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSPE.L vs. XS3R.L - Sharpe Ratio Comparison

The current CSPE.L Sharpe Ratio is -0.16, which is higher than the XS3R.L Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of CSPE.L and XS3R.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

	CSPE.L	XS3R.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.16	-0.45	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.63	-0.55

Drawdowns

CSPE.L vs. XS3R.L - Drawdown Comparison

The maximum CSPE.L drawdown since its inception was -17.18%, smaller than the maximum XS3R.L drawdown of -30.38%. Use the drawdown chart below to compare losses from any high point for CSPE.L and XS3R.L.

Drawdown Indicators

	CSPE.L	XS3R.L	Difference
Max Drawdown Largest peak-to-trough decline	-17.18%	-30.38%	+13.20%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-17.25%	+3.71%
Max Drawdown (3Y) Largest decline over 3 years	-13.54%	-18.65%	+5.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-30.38%	—
Current Drawdown Current decline from peak	-12.35%	-22.02%	+9.67%
Average Drawdown Average peak-to-trough decline	-7.75%	-8.11%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.88%	7.61%	-1.73%

Volatility

CSPE.L vs. XS3R.L - Volatility Comparison

The current volatility for SPDR MSCI Europe Consumer Staples UCITS ETF (CSPE.L) is 4.82%, while Xtrackers MSCI Europe Consumer Staples ESG Screened UCITS ETF 1C (XS3R.L) has a volatility of 6.13%. This indicates that CSPE.L experiences smaller price fluctuations and is considered to be less risky than XS3R.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSPE.L	XS3R.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.82%	6.13%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	11.07%	12.89%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	15.65%	-2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	14.02%	+1.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.60%	14.69%	+0.91%

CSPE.L vs. XS3R.L - Expense Ratio Comparison

CSPE.L has a 0.18% expense ratio, which is lower than XS3R.L'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

CSPE.L vs. XS3R.L - Dividend Comparison

Neither CSPE.L nor XS3R.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CSPE.L and XS3R.L in my portfolio?

CSPE.L and XS3R.L have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSPE.L or XS3R.L?

On fees, CSPE.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSPE.L or XS3R.L?

CSPE.L is cheaper with a 0.18% expense ratio, compared with 0.20% for XS3R.L.

What is the main difference between CSPE.L and XS3R.L?

Both ETFs track Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. They also come from different issuers: State Street and Xtrackers. Their fees differ too: 0.18% for CSPE.L and 0.20% for XS3R.L.