CSPX.AS vs. IDVY.AS

Last updated Jun 5, 2026

CSPX.AS (iShares Core S&P 500 UCITS ETF) and IDVY.AS (iShares Euro Dividend UCITS ETF) are both exchange-traded funds - CSPX.AS is a S&P 500 fund tracking the S&P 500 Index, while IDVY.AS is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, CSPX.AS returned 14.96%/yr vs 7.33%/yr for IDVY.AS. A 0.57 correlation means they provide meaningful diversification when combined. CSPX.AS charges 0.07%/yr vs 0.40%/yr for IDVY.AS.

Performance

CSPX.AS vs. IDVY.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core S&P 500 UCITS ETF (CSPX.AS) and iShares Euro Dividend UCITS ETF (IDVY.AS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSPX.AS achieves a 11.52% return, which is significantly higher than IDVY.AS's 8.21% return. Over the past 10 years, CSPX.AS has outperformed IDVY.AS with an annualized return of 14.96%, while IDVY.AS has yielded a comparatively lower 7.33% annualized return.

CSPX.AS

• 1D: -0.10%
• 1M: 5.25%
• YTD: 11.52%
• 6M: 11.45%
• 1Y: 25.69%
• 3Y*: 18.87%
• 5Y*: 14.77%
• 10Y*: 14.96%

IDVY.AS

• 1D: 0.33%
• 1M: 3.43%
• YTD: 8.21%
• 6M: 11.08%
• 1Y: 21.10%
• 3Y*: 20.03%
• 5Y*: 9.08%
• 10Y*: 7.33%

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

CSPX.AS vs. IDVY.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSPX.AS iShares Core S&P 500 UCITS ETF	11.52%	4.00%	33.87%	22.28%	-14.24%	40.26%	7.72%	32.99%	-0.36%	7.13%
IDVY.AS iShares Euro Dividend UCITS ETF	8.21%	41.92%	8.62%	4.42%	-13.82%	24.39%	-17.87%	20.43%	-10.28%	9.96%

Correlation

The correlation between CSPX.AS and IDVY.AS is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since May 6, 2014	0.57

The correlation between CSPX.AS and IDVY.AS shifts across timeframes, from 0.33 (3 years) to 0.57 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CSPX.AS vs. IDVY.AS — Risk / Return Rank

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

CSPX.AS

CSPX.AS Risk / Return Rank: 70
CSPX.AS Sharpe Ratio Rank: 70
CSPX.AS Sortino Ratio Rank: 68
CSPX.AS Omega Ratio Rank: 72
CSPX.AS Calmar Ratio Rank: 72
CSPX.AS Martin Ratio Rank: 70

IDVY.AS

IDVY.AS Risk / Return Rank: 52
IDVY.AS Sharpe Ratio Rank: 52
IDVY.AS Sortino Ratio Rank: 52
IDVY.AS Omega Ratio Rank: 54
IDVY.AS Calmar Ratio Rank: 54
IDVY.AS Martin Ratio Rank: 49

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.

CSPX.AS vs. IDVY.AS - 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 iShares Euro Dividend UCITS ETF (IDVY.AS). 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.

	CSPX.AS	IDVY.AS	Difference
Sharpe ratio: Return per unit of total volatility	2.25	1.77	+0.48
Sortino ratio: Return per unit of downside risk	3.06	2.47	+0.59
Omega ratio: Gain probability vs. loss probability	1.42	1.33	+0.09
Calmar ratio: Return relative to maximum drawdown	3.57	2.61	+0.95
Martin ratio: Return relative to average drawdown	12.76	8.13	+4.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSPX.AS vs. IDVY.AS - Sharpe Ratio Comparison

The current CSPX.AS Sharpe Ratio is 2.25, which is comparable to the IDVY.AS Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of CSPX.AS and IDVY.AS, 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

	CSPX.AS	IDVY.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.77	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	0.60	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.92	0.42	+0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.23	+0.69

Drawdowns

CSPX.AS vs. IDVY.AS - Drawdown Comparison

The maximum CSPX.AS drawdown since its inception was -33.65%, smaller than the maximum IDVY.AS drawdown of -71.33%. Use the drawdown chart below to compare losses from any high point for CSPX.AS and IDVY.AS.

Drawdown Indicators

	CSPX.AS	IDVY.AS	Difference
Max Drawdown Largest peak-to-trough decline	-33.65%	-71.33%	+37.68%
Max Drawdown (1Y) Largest decline over 1 year	-7.11%	-7.97%	+0.86%
Max Drawdown (3Y) Largest decline over 3 years	-23.37%	-12.81%	-10.56%
Max Drawdown (5Y) Largest decline over 5 years	-23.37%	-24.57%	+1.20%
Max Drawdown (10Y) Largest decline over 10 years	-33.65%	-42.34%	+8.69%
Current Drawdown Current decline from peak	-0.40%	-1.42%	+1.02%
Average Drawdown Average peak-to-trough decline	-4.28%	-22.54%	+18.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.57%	-0.57%

Volatility

CSPX.AS vs. IDVY.AS - Volatility Comparison

The current volatility for iShares Core S&P 500 UCITS ETF (CSPX.AS) is 2.59%, while iShares Euro Dividend UCITS ETF (IDVY.AS) has a volatility of 3.54%. This indicates that CSPX.AS experiences smaller price fluctuations and is considered to be less risky than IDVY.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSPX.AS	IDVY.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	3.54%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	7.37%	9.62%	-2.25%
Volatility (1Y) Calculated over the trailing 1-year period	11.26%	11.77%	-0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.13%	14.80%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	17.26%	-1.21%

CSPX.AS vs. IDVY.AS - Expense Ratio Comparison

CSPX.AS has a 0.07% expense ratio, which is lower than IDVY.AS's 0.40% expense ratio.

Dividends

CSPX.AS vs. IDVY.AS - Dividend Comparison

CSPX.AS has not paid dividends to shareholders, while IDVY.AS's dividend yield for the trailing twelve months is around 3.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSPX.AS iShares Core S&P 500 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDVY.AS iShares Euro Dividend UCITS ETF	3.99%	4.36%	5.85%	5.84%	5.28%	3.68%	3.57%	4.84%	4.76%	3.91%	3.97%	4.00%

Frequently Asked Questions

Can I hold both CSPX.AS and IDVY.AS in my portfolio?

CSPX.AS and IDVY.AS have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSPX.AS or IDVY.AS?

On fees, CSPX.AS 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, CSPX.AS or IDVY.AS?

CSPX.AS is cheaper with a 0.07% expense ratio, compared with 0.40% for IDVY.AS.

What is the main difference between CSPX.AS and IDVY.AS?

CSPX.AS is categorized as S&P 500, while IDVY.AS is Europe Equities. CSPX.AS tracks S&P 500 Index, while IDVY.AS tracks MSCI EMU NR EUR. Their fees differ too: 0.07% for CSPX.AS and 0.40% for IDVY.AS.