CSPX.L vs. IUSQ.DE
CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - CSPX.L is a S&P 500 fund tracking the S&P 500 Index, while IUSQ.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 10 years, CSPX.L returned 15.24%/yr vs 12.91%/yr for IUSQ.DE. Their correlation of 0.85 suggests significant overlap in exposure. CSPX.L charges 0.07%/yr vs 0.20%/yr for IUSQ.DE.
Performance
CSPX.L vs. IUSQ.DE - Performance Comparison
Loading charts...
Different Trading Currencies
CSPX.L is traded in USD, while IUSQ.DE is traded in EUR. To make them comparable, the IUSQ.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSPX.L achieves a 8.40% return, which is significantly lower than IUSQ.DE's 10.01% return. Over the past 10 years, CSPX.L has outperformed IUSQ.DE with an annualized return of 15.24%, while IUSQ.DE has yielded a comparatively lower 12.91% annualized return.
CSPX.L
- 1D
- 2.02%
- 1M
- -0.83%
- YTD
- 8.40%
- 6M
- 9.68%
- 1Y
- 24.86%
- 3Y*
- 20.75%
- 5Y*
- 13.23%
- 10Y*
- 15.24%
IUSQ.DE
- 1D
- 1.75%
- 1M
- -0.02%
- YTD
- 10.01%
- 6M
- 11.76%
- 1Y
- 26.66%
- 3Y*
- 19.85%
- 5Y*
- 11.00%
- 10Y*
- 12.91%
CSPX.L vs. IUSQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 8.40% | 17.45% | 25.25% | 26.74% | -18.72% | 29.35% | 17.62% | 30.55% | -5.46% | 21.60% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 10.01% | 23.07% | 17.40% | 22.32% | -18.34% | 18.95% | 15.19% | 27.40% | -10.39% | 24.57% |
Correlation
The correlation between CSPX.L and IUSQ.DE is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011 | 0.85 |
The correlation between CSPX.L and IUSQ.DE has been stable across timeframes, ranging from 0.85 to 0.89 - 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.L vs. IUSQ.DE — Risk / Return Rank
CSPX.L
IUSQ.DE
CSPX.L vs. IUSQ.DE - 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 MSCI ACWI UCITS ETF (Acc) (IUSQ.DE). 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.L | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.36 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 2.89 | +0.09 |
| Martin ratioReturn relative to average drawdown | 12.45 | 12.04 | +0.41 |
Loading charts...
Drawdowns
CSPX.L vs. IUSQ.DE - Drawdown Comparison
The maximum CSPX.L drawdown since its inception was -33.90%, roughly equal to the maximum IUSQ.DE drawdown of -34.07%. Use the drawdown chart below to compare losses from any high point for CSPX.L and IUSQ.DE.
Loading charts...
Drawdown Indicators
| CSPX.L | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.90% | -34.07% | +0.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -8.85% | +0.68% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -17.48% | -1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -26.08% | +1.69% |
Max Drawdown (10Y)Largest decline over 10 years | -33.90% | -34.07% | +0.17% |
Current DrawdownCurrent decline from peak | -2.27% | -1.91% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -5.02% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 2.13% | -0.17% |
Volatility
CSPX.L vs. IUSQ.DE - Volatility Comparison
iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) have volatilities of 4.01% and 3.93%, 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.L | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 3.93% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 9.72% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.04% | 12.49% | -0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 15.50% | +0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 15.92% | +0.30% |
CSPX.L vs. IUSQ.DE - Expense Ratio Comparison
CSPX.L has a 0.07% expense ratio, which is lower than IUSQ.DE'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.L vs. IUSQ.DE - Dividend Comparison
Neither CSPX.L nor IUSQ.DE has paid dividends to shareholders.
Frequently Asked Questions
CSPX.L and IUSQ.DE have a correlation of 0.87, 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 0.20% for IUSQ.DE.
CSPX.L is categorized as S&P 500, while IUSQ.DE is Global Equities. CSPX.L tracks S&P 500 Index, while IUSQ.DE tracks MSCI All Country World (ACWI). They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.07% for CSPX.L and 0.20% for IUSQ.DE.
Find the right allocation for CSPX.L and IUSQ.DE
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