CSPX.AS vs. ARGX
CSPX.AS (iShares Core S&P 500 UCITS ETF) is S&P 500 fund tracking the S&P 500 Index, while ARGX (argenx SE) is a stock. Over the past 5 years, CSPX.AS returned 14.23%/yr vs 24.34%/yr for ARGX. At a 0.18 correlation, their price movements are largely independent.
Performance
CSPX.AS vs. ARGX - Performance Comparison
Loading charts...
Different Trading Currencies
CSPX.AS is traded in EUR, while ARGX is traded in USD. To make them comparable, the ARGX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSPX.AS achieves a 9.99% return, which is significantly higher than ARGX's 7.89% return.
CSPX.AS
- 1D
- 1.55%
- 1M
- 0.57%
- YTD
- 9.99%
- 6M
- 11.11%
- 1Y
- 24.76%
- 3Y*
- 17.93%
- 5Y*
- 14.23%
- 10Y*
- 14.86%
ARGX
- 1D
- -0.52%
- 1M
- 9.65%
- YTD
- 7.89%
- 6M
- 3.28%
- 1Y
- 54.39%
- 3Y*
- 28.11%
- 5Y*
- 24.34%
- 10Y*
- —
CSPX.AS vs. ARGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSPX.AS iShares Core S&P 500 UCITS ETF | 9.99% | 4.00% | 33.87% | 22.28% | -14.24% | 40.26% | 7.72% | 32.99% | -0.36% | 6.01% |
ARGX argenx SE | 7.89% | 20.51% | 72.33% | -2.59% | 14.88% | 27.98% | 68.11% | 70.86% | 59.30% | 226.19% |
Correlation
The correlation between CSPX.AS and ARGX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since May 18, 2017 | 0.18 |
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
CSPX.AS vs. ARGX — Risk / Return Rank
CSPX.AS
ARGX
CSPX.AS vs. ARGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF (CSPX.AS) and argenx SE (ARGX). 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.
| CSPX.AS | ARGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.31 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 1.86 | +1.54 |
| Martin ratioReturn relative to average drawdown | 12.02 | 4.71 | +7.31 |
Loading charts...
Drawdowns
CSPX.AS vs. ARGX - Drawdown Comparison
The maximum CSPX.AS drawdown since its inception was -33.65%, smaller than the maximum ARGX drawdown of -37.47%. Use the drawdown chart below to compare losses from any high point for CSPX.AS and ARGX.
Loading charts...
Drawdown Indicators
| CSPX.AS | ARGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -37.47% | +3.82% |
Max Drawdown (1Y)Largest decline over 1 year | -7.11% | -28.45% | +21.34% |
Max Drawdown (3Y)Largest decline over 3 years | -23.37% | -37.47% | +14.10% |
Max Drawdown (5Y)Largest decline over 5 years | -23.37% | -37.47% | +14.10% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | — | — |
Current DrawdownCurrent decline from peak | -1.76% | -3.69% | +1.93% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -10.98% | +7.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 11.25% | -9.23% |
Volatility
CSPX.AS vs. ARGX - Volatility Comparison
The current volatility for iShares Core S&P 500 UCITS ETF (CSPX.AS) is 3.07%, while argenx SE (ARGX) has a volatility of 11.78%. This indicates that CSPX.AS experiences smaller price fluctuations and is considered to be less risky than ARGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSPX.AS | ARGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.07% | 11.78% | -8.71% |
Volatility (6M)Calculated over the trailing 6-month period | 7.76% | 21.79% | -14.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.53% | 30.31% | -18.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 38.47% | -23.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 51.37% | -35.30% |
Dividends
CSPX.AS vs. ARGX - Dividend Comparison
Neither CSPX.AS nor ARGX has paid dividends to shareholders.
Frequently Asked Questions
CSPX.AS and ARGX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CSPX.AS and ARGX
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