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CSPX.AS vs. MDLZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CSPX.AS vs. MDLZ

Last updated Jun 13, 2026

CSPX.AS (iShares Core S&P 500 UCITS ETF) is S&P 500 fund tracking the S&P 500 Index, while MDLZ (Mondelez International, Inc.) is a stock. Over the past 10 years, CSPX.AS returned 14.86%/yr vs 5.75%/yr for MDLZ. At a 0.26 correlation, their price movements are largely independent.

Performance

CSPX.AS vs. MDLZ - 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 Mondelez International, Inc. (MDLZ). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

CSPX.AS is traded in EUR, while MDLZ is traded in USD. To make them comparable, the MDLZ 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 lower than MDLZ's 19.85% return. Over the past 10 years, CSPX.AS has outperformed MDLZ with an annualized return of 14.86%, while MDLZ has yielded a comparatively lower 5.75% annualized 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%

MDLZ

1D
-0.50%
1M
4.75%
YTD
19.85%
6M
20.41%
1Y
-2.90%
3Y*
-4.23%
5Y*
3.30%
10Y*
5.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CSPX.AS vs. MDLZ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%7.13%
MDLZ
Mondelez International, Inc.		19.85%-18.06%-9.71%7.84%9.30%24.54%-0.37%43.60%0.23%-13.67%

Correlation

The correlation between CSPX.AS and MDLZ is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.00

Correlation (5Y)
Calculated over the trailing 5-year period

0.10

Correlation (10Y)
Calculated over the trailing 10-year period

0.22

Correlation (All Time)
Calculated using the full available price history since May 19, 2010

0.26

The correlation between CSPX.AS and MDLZ shifts across timeframes, from -0.09 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.

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iShares Core S&P 500 UCITS ETF

Mondelez International, Inc.

Often compared with CSPX.AS:
CSPX.AS vs. CSPX.LCSPX.AS vs. VUSA.LCSPX.AS vs. VOOCSPX.AS vs. SPYCSPX.AS vs. CNDX.ASCSPX.AS vs. VUSD.LCSPX.AS vs. SPYL.DE
Often compared with MDLZ:
MDLZ vs. PEPMDLZ vs. HSYMDLZ vs. KHCMDLZ vs. GISMDLZ vs. CAGMDLZ vs. KMDLZ vs. TSN

Return for Risk

CSPX.AS vs. MDLZ — 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: 7575
Overall Rank
CSPX.AS Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
CSPX.AS Sortino Ratio Rank: 7474
Sortino Ratio Rank
CSPX.AS Omega Ratio Rank: 7777
Omega Ratio Rank
CSPX.AS Calmar Ratio Rank: 7676
Calmar Ratio Rank
CSPX.AS Martin Ratio Rank: 7474
Martin Ratio Rank
MDLZ
MDLZ Risk / Return Rank: 3333
Overall Rank
MDLZ Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
MDLZ Sortino Ratio Rank: 2929
Sortino Ratio Rank
MDLZ Omega Ratio Rank: 2929
Omega Ratio Rank
MDLZ Calmar Ratio Rank: 3838
Calmar Ratio Rank
MDLZ Martin Ratio Rank: 3737
Martin Ratio Rank
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. MDLZ - 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 Mondelez International, Inc. (MDLZ). 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.ASMDLZDifference
Sharpe ratioReturn per unit of total volatility
2.10
-0.20

+2.30

Sortino ratioReturn per unit of downside risk
2.87
-0.14

+3.01

Omega ratioGain probability vs. loss probability

1.39

0.98

+0.41

Calmar ratioReturn relative to maximum drawdown

3.40

-0.17

+3.56

Martin ratioReturn relative to average drawdown

12.02

-0.30

+12.32

CSPX.AS vs. MDLZ - Sharpe Ratio Comparison

The current CSPX.AS Sharpe Ratio is 2.10, which is higher than the MDLZ Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of CSPX.AS and MDLZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CSPX.AS vs. MDLZ - Drawdown Comparison

The maximum CSPX.AS drawdown since its inception was -33.65%, roughly equal to the maximum MDLZ drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for CSPX.AS and MDLZ.

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Drawdown Indicators

CSPX.ASMDLZDifference

Max Drawdown

Largest peak-to-trough decline

-33.65%

-34.38%

+0.73%

Max Drawdown (1Y)

Largest decline over 1 year

-7.11%

-25.68%

+18.57%

Max Drawdown (3Y)

Largest decline over 3 years

-23.37%

-34.38%

+11.01%

Max Drawdown (5Y)

Largest decline over 5 years

-23.37%

-34.38%

+11.01%

Max Drawdown (10Y)

Largest decline over 10 years

-33.65%

-34.38%

+0.73%

Current Drawdown

Current decline from peak

-1.76%

-18.31%

+16.55%

Average Drawdown

Average peak-to-trough decline

-3.74%

-8.75%

+5.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.02%

14.42%

-12.40%

Volatility

CSPX.AS vs. MDLZ - Volatility Comparison

The current volatility for iShares Core S&P 500 UCITS ETF (CSPX.AS) is 3.07%, while Mondelez International, Inc. (MDLZ) has a volatility of 5.73%. This indicates that CSPX.AS experiences smaller price fluctuations and is considered to be less risky than MDLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CSPX.ASMDLZDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.07%

5.73%

-2.66%

Volatility (6M)

Calculated over the trailing 6-month period

7.76%

16.12%

-8.36%

Volatility (1Y)

Calculated over the trailing 1-year period

11.53%

21.51%

-9.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.18%

19.25%

-4.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.07%

21.37%

-5.30%

Dividends

CSPX.AS vs. MDLZ - Dividend Comparison

CSPX.AS has not paid dividends to shareholders, while MDLZ's dividend yield for the trailing twelve months is around 3.13%.

PositionTTM20252024202320222021202020192018201720162015
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%
MDLZ
Mondelez International, Inc.		3.13%3.60%3.00%2.24%2.21%2.01%2.05%1.98%2.40%1.92%1.62%1.43%

Frequently Asked Questions

CSPX.AS and MDLZ have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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