CSPX.L vs. SPLG
Compare and contrast key facts about iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and SPDR Portfolio S&P 500 ETF (SPLG).
CSPX.L and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSPX.L is a passively managed fund by Blackrock Financial Management that tracks the performance of the S&P 500 Index. It was launched on May 18, 2010. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. Both CSPX.L and SPLG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSPX.L or SPLG.
Key characteristics
CSPX.L | SPLG | |
---|---|---|
YTD Return | 9.37% | 10.43% |
1Y Return | 33.11% | 34.23% |
3Y Return (Ann) | 11.26% | 11.45% |
5Y Return (Ann) | 14.61% | 15.05% |
10Y Return (Ann) | 12.55% | 13.15% |
Sharpe Ratio | 3.02 | 2.95 |
Daily Std Dev | 10.95% | 11.52% |
Max Drawdown | -33.90% | -54.50% |
Current Drawdown | -0.69% | 0.00% |
Correlation
The correlation between CSPX.L and SPLG is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CSPX.L vs. SPLG - Performance Comparison
In the year-to-date period, CSPX.L achieves a 9.37% return, which is significantly lower than SPLG's 10.43% return. Both investments have delivered pretty close results over the past 10 years, with CSPX.L having a 12.55% annualized return and SPLG not far ahead at 13.15%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
CSPX.L vs. SPLG - Expense Ratio Comparison
Risk-Adjusted Performance
CSPX.L vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and SPDR Portfolio S&P 500 ETF (SPLG). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
iShares Core S&P 500 UCITS ETF USD (Acc) | 2.66 | ||||
SPDR Portfolio S&P 500 ETF | 2.64 |
Dividends
CSPX.L vs. SPLG - Dividend Comparison
CSPX.L has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.34%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares Core S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDR Portfolio S&P 500 ETF | 1.34% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
CSPX.L vs. SPLG - Drawdown Comparison
The maximum CSPX.L drawdown since its inception was -33.90%, smaller than the maximum SPLG drawdown of -54.50%. The drawdown chart below compares losses from any high point along the way for CSPX.L and SPLG
Volatility
CSPX.L vs. SPLG - Volatility Comparison
iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and SPDR Portfolio S&P 500 ETF (SPLG) have volatilities of 2.77% and 2.81%, 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.