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

CSPX.AS vs. WINC.AS

Last updated Jun 5, 2026

CSPX.AS (iShares Core S&P 500 UCITS ETF) and WINC.AS (iShares World Equity High Income UCITS ETF USD Inc) are both exchange-traded funds - CSPX.AS is a S&P 500 fund tracking the S&P 500 Index, while WINC.AS is a Global Equity Income fund actively managed by iShares. CSPX.AS is passively managed, while WINC.AS is actively managed. Over the past year, CSPX.AS returned 25.69% vs 21.76% for WINC.AS. A 0.69 correlation means they provide meaningful diversification when combined. CSPX.AS charges 0.07%/yr vs 0.35%/yr for WINC.AS.

Performance

CSPX.AS vs. WINC.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 World Equity High Income UCITS ETF USD Inc (WINC.AS). 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 WINC.AS is traded in USD. To make them comparable, the WINC.AS 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 11.52% return, which is significantly higher than WINC.AS's 9.49% 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%

WINC.AS

1D
0.00%
1M
3.28%
YTD
9.49%
6M
10.18%
1Y
21.76%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024
CSPX.AS
iShares Core S&P 500 UCITS ETF		11.52%4.00%19.04%
WINC.AS
iShares World Equity High Income UCITS ETF USD Inc		10.12%7.70%12.74%

Correlation

The correlation between CSPX.AS and WINC.AS is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.79

Correlation (All Time)
Calculated using the full available price history since Apr 3, 2024

0.69

The correlation between CSPX.AS and WINC.AS has been stable across timeframes, ranging from 0.69 to 0.79 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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iShares Core S&P 500 UCITS ETF

iShares World Equity High Income UCITS ETF USD 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 WINC.AS:
WINC.AS vs. JEPQWINC.AS vs. JEPG.LWINC.AS vs. JEQP.LWINC.AS vs. VWRL.ASWINC.AS vs. SWDA.LWINC.AS vs. TDGB.LWINC.AS vs. QQQI

Return for Risk

CSPX.AS vs. WINC.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: 7070
Overall Rank
CSPX.AS Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
CSPX.AS Sortino Ratio Rank: 6868
Sortino Ratio Rank
CSPX.AS Omega Ratio Rank: 7272
Omega Ratio Rank
CSPX.AS Calmar Ratio Rank: 7272
Calmar Ratio Rank
CSPX.AS Martin Ratio Rank: 7070
Martin Ratio Rank
WINC.AS
WINC.AS Risk / Return Rank: 7575
Overall Rank
WINC.AS Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
WINC.AS Sortino Ratio Rank: 7979
Sortino Ratio Rank
WINC.AS Omega Ratio Rank: 7171
Omega Ratio Rank
WINC.AS Calmar Ratio Rank: 7373
Calmar Ratio Rank
WINC.AS Martin Ratio Rank: 7979
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. WINC.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 World Equity High Income UCITS ETF USD Inc (WINC.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.ASWINC.ASDifference
Sharpe ratioReturn per unit of total volatility
2.25
1.99

+0.26

Sortino ratioReturn per unit of downside risk
3.06
2.83

+0.23

Omega ratioGain probability vs. loss probability

1.42

1.36

+0.06

Calmar ratioReturn relative to maximum drawdown

3.57

5.09

-1.52

Martin ratioReturn relative to average drawdown

12.76

17.89

-5.13

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. WINC.AS - Sharpe Ratio Comparison

The current CSPX.AS Sharpe Ratio is 2.25, which is comparable to the WINC.AS Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of CSPX.AS and WINC.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.

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Sharpe Ratios by Period

CSPX.ASWINC.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.25

1.99

+0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.96

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.92

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.93

1.18

-0.25

Drawdowns

CSPX.AS vs. WINC.AS - Drawdown Comparison

The maximum CSPX.AS drawdown since its inception was -33.65%, which is greater than WINC.AS's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for CSPX.AS and WINC.AS.

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Drawdown Indicators

CSPX.ASWINC.ASDifference

Max Drawdown

Largest peak-to-trough decline

-33.65%

-18.74%

-14.91%

Max Drawdown (1Y)

Largest decline over 1 year

-7.11%

-4.26%

-2.85%

Max Drawdown (3Y)

Largest decline over 3 years

-23.37%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-23.37%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-33.65%

—

—

Current Drawdown

Current decline from peak

-0.40%

-0.69%

+0.29%

Average Drawdown

Average peak-to-trough decline

-4.28%

-3.04%

-1.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.00%

1.21%

+0.79%

Volatility

CSPX.AS vs. WINC.AS - Volatility Comparison

The current volatility for iShares Core S&P 500 UCITS ETF (CSPX.AS) is 2.59%, while iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) has a volatility of 2.92%. This indicates that CSPX.AS experiences smaller price fluctuations and is considered to be less risky than WINC.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CSPX.ASWINC.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.59%

2.92%

-0.33%

Volatility (6M)

Calculated over the trailing 6-month period

7.37%

8.04%

-0.67%

Volatility (1Y)

Calculated over the trailing 1-year period

11.26%

10.89%

+0.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.13%

14.37%

+0.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.05%

14.37%

+1.68%

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

CSPX.AS has a 0.07% expense ratio, which is lower than WINC.AS's 0.35% expense ratio.

Dividends

CSPX.AS vs. WINC.AS - Dividend Comparison

CSPX.AS has not paid dividends to shareholders, while WINC.AS's dividend yield for the trailing twelve months is around 9.64%.

PositionTTM20252024
CSPX.AS
iShares Core S&P 500 UCITS ETF		0.00%0.00%0.00%
WINC.AS
iShares World Equity High Income UCITS ETF USD Inc		9.64%9.38%4.88%

Frequently Asked Questions

CSPX.AS and WINC.AS have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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 0.35% for WINC.AS.

CSPX.AS is categorized as S&P 500, while WINC.AS is Global Equity Income. Their fees differ too: 0.07% for CSPX.AS and 0.35% for WINC.AS.

Portfolio Optimizer

Find the right allocation for CSPX.AS and WINC.AS

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