CSPX.AS vs. IWDA.AS
CSPX.AS (iShares Core S&P 500 UCITS ETF) and IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - CSPX.AS is a S&P 500 fund tracking the S&P 500 Index, while IWDA.AS is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 10 years, CSPX.AS returned 14.96%/yr vs 12.81%/yr for IWDA.AS. With a 0.97 correlation, they move nearly in lockstep. CSPX.AS charges 0.07%/yr vs 0.20%/yr for IWDA.AS.
Performance
CSPX.AS vs. IWDA.AS - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with CSPX.AS having a 11.52% return and IWDA.AS slightly lower at 11.06%. Over the past 10 years, CSPX.AS has outperformed IWDA.AS with an annualized return of 14.96%, while IWDA.AS has yielded a comparatively lower 12.81% 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%
IWDA.AS
- 1D
- -0.03%
- 1M
- 4.79%
- YTD
- 11.06%
- 6M
- 11.31%
- 1Y
- 23.80%
- 3Y*
- 17.53%
- 5Y*
- 12.88%
- 10Y*
- 12.81%
CSPX.AS vs. IWDA.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% |
IWDA.AS iShares Core MSCI World UCITS ETF USD (Acc) | 11.06% | 7.08% | 27.23% | 19.89% | -13.54% | 32.54% | 6.20% | 29.58% | -4.16% | 7.49% |
Correlation
The correlation between CSPX.AS and IWDA.AS is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since May 6, 2014 | 0.97 |
The correlation between CSPX.AS and IWDA.AS has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
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. IWDA.AS — Risk / Return Rank
CSPX.AS
IWDA.AS
CSPX.AS vs. IWDA.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 Core MSCI World UCITS ETF USD (Acc) (IWDA.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 | IWDA.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 3.64 | -0.07 |
| Martin ratioReturn relative to average drawdown | 12.76 | 14.53 | -1.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CSPX.AS | IWDA.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.25 | 2.15 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.96 | 0.90 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.92 | 0.84 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.82 | +0.10 |
Drawdowns
CSPX.AS vs. IWDA.AS - Drawdown Comparison
The maximum CSPX.AS drawdown since its inception was -33.65%, roughly equal to the maximum IWDA.AS drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for CSPX.AS and IWDA.AS.
Loading charts...
Drawdown Indicators
| CSPX.AS | IWDA.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.65% | -33.63% | -0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.11% | -6.45% | -0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -23.37% | -21.59% | -1.78% |
Max Drawdown (5Y)Largest decline over 5 years | -23.37% | -21.59% | -1.78% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | -33.63% | -0.02% |
Current DrawdownCurrent decline from peak | -0.40% | -0.34% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -4.28% | -4.25% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 1.63% | +0.37% |
Volatility
CSPX.AS vs. IWDA.AS - Volatility Comparison
iShares Core S&P 500 UCITS ETF (CSPX.AS) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) have volatilities of 2.59% and 2.62%, 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
| CSPX.AS | IWDA.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.59% | 2.62% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 7.37% | 7.61% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.26% | 10.90% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.13% | 14.08% | +1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.05% | 14.99% | +1.06% |
CSPX.AS vs. IWDA.AS - Expense Ratio Comparison
CSPX.AS has a 0.07% expense ratio, which is lower than IWDA.AS'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
CSPX.AS vs. IWDA.AS - Dividend Comparison
Neither CSPX.AS nor IWDA.AS has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.97, CSPX.AS and IWDA.AS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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.
CSPX.AS is cheaper with a 0.07% expense ratio, compared with 0.20% for IWDA.AS.
CSPX.AS is categorized as S&P 500, while IWDA.AS is Global Equities. CSPX.AS tracks S&P 500 Index, while IWDA.AS tracks MSCI World Index. Their fees differ too: 0.07% for CSPX.AS and 0.20% for IWDA.AS.
Find the right allocation for CSPX.AS and IWDA.AS
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