CSPX.L vs. FLOA.L
CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) and FLOA.L (iShares USD Floating Rate Bond UCITS ETF USD (Acc)) are both exchange-traded funds - CSPX.L is a S&P 500 fund tracking the S&P 500 Index, while FLOA.L is a Corporate Bonds fund tracking the Bloomberg US Corp Bond TR USD. Both are passively managed. Over the past 5 years, CSPX.L returned 13.72%/yr vs 4.28%/yr for FLOA.L. At a 0.11 correlation, their price movements are largely independent. CSPX.L charges 0.07%/yr vs 0.10%/yr for FLOA.L.
Performance
CSPX.L vs. FLOA.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSPX.L achieves a 10.32% return, which is significantly higher than FLOA.L's 2.04% return.
CSPX.L
- 1D
- 0.01%
- 1M
- 4.51%
- YTD
- 10.32%
- 6M
- 11.15%
- 1Y
- 27.85%
- 3Y*
- 22.17%
- 5Y*
- 13.72%
- 10Y*
- 15.22%
FLOA.L
- 1D
- 0.06%
- 1M
- 0.46%
- YTD
- 2.04%
- 6M
- 2.24%
- 1Y
- 5.02%
- 3Y*
- 5.73%
- 5Y*
- 4.28%
- 10Y*
- —
CSPX.L vs. FLOA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 10.32% | 17.45% | 25.25% | 26.74% | -18.72% | 29.35% | 17.62% | 30.55% | -2.62% |
FLOA.L iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 2.04% | 4.98% | 6.42% | 6.62% | 1.35% | 0.42% | 0.86% | 4.17% | 0.86% |
Correlation
The correlation between CSPX.L and FLOA.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2018 | 0.11 |
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.L vs. FLOA.L — Risk / Return Rank
CSPX.L
FLOA.L
CSPX.L vs. FLOA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L). 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.L | FLOA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -3.45 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 2.07 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 10.50 | -7.16 |
| Martin ratioReturn relative to average drawdown | 14.51 | 55.93 | -41.42 |
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.L | FLOA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.32 | 4.02 | -1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 2.16 | -1.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.94 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.79 | +0.15 |
Drawdowns
CSPX.L vs. FLOA.L - Drawdown Comparison
The maximum CSPX.L drawdown since its inception was -33.90%, which is greater than FLOA.L's maximum drawdown of -14.96%. Use the drawdown chart below to compare losses from any high point for CSPX.L and FLOA.L.
Loading charts...
Drawdown Indicators
| CSPX.L | FLOA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.90% | -14.96% | -18.94% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -0.48% | -7.69% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -1.74% | -16.76% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -2.53% | -21.86% |
Max Drawdown (10Y)Largest decline over 10 years | -33.90% | — | — |
Current DrawdownCurrent decline from peak | -0.53% | -0.06% | -0.47% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -0.22% | -3.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 0.09% | +1.81% |
Volatility
CSPX.L vs. FLOA.L - Volatility Comparison
iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) has a higher volatility of 3.13% compared to iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) at 0.49%. This indicates that CSPX.L's price experiences larger fluctuations and is considered to be riskier than FLOA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSPX.L | FLOA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 0.49% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 1.13% | +7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.80% | 1.24% | +10.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.97% | 1.98% | +13.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.19% | 4.27% | +11.92% |
CSPX.L vs. FLOA.L - Expense Ratio Comparison
CSPX.L has a 0.07% expense ratio, which is lower than FLOA.L's 0.10% 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.L vs. FLOA.L - Dividend Comparison
Neither CSPX.L nor FLOA.L has paid dividends to shareholders.
Frequently Asked Questions
CSPX.L and FLOA.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSPX.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSPX.L is cheaper with a 0.07% expense ratio, compared with 0.10% for FLOA.L.
CSPX.L is categorized as S&P 500, while FLOA.L is Corporate Bonds. CSPX.L tracks S&P 500 Index, while FLOA.L tracks Bloomberg US Corp Bond TR USD. They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.07% for CSPX.L and 0.10% for FLOA.L.
Find the right allocation for CSPX.L and FLOA.L
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