PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CSPX.L vs. VHYD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CSPX.L vs. VHYD.L

Last updated Jun 12, 2026

CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) and VHYD.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both exchange-traded funds - CSPX.L is a S&P 500 fund tracking the S&P 500 Index, while VHYD.L is a Global Equities fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 10 years, CSPX.L returned 14.88%/yr vs 10.04%/yr for VHYD.L. Their correlation of 0.82 suggests significant overlap in exposure. CSPX.L charges 0.07%/yr vs 0.29%/yr for VHYD.L.

Performance

CSPX.L vs. VHYD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CSPX.L achieves a 6.25% return, which is significantly lower than VHYD.L's 10.10% return. Over the past 10 years, CSPX.L has outperformed VHYD.L with an annualized return of 14.88%, while VHYD.L has yielded a comparatively lower 10.04% annualized return.

CSPX.L

1D
-0.41%
1M
-0.68%
YTD
6.25%
6M
6.74%
1Y
21.69%
3Y*
20.45%
5Y*
12.78%
10Y*
14.88%

VHYD.L

1D
0.09%
1M
1.29%
YTD
10.10%
6M
11.41%
1Y
24.59%
3Y*
18.23%
5Y*
10.28%
10Y*
10.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CSPX.L vs. VHYD.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CSPX.L
iShares Core S&P 500 UCITS ETF USD (Acc)		6.25%17.45%25.25%26.74%-18.72%29.35%17.62%30.55%-5.46%21.60%
VHYD.L
Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing		10.10%27.03%9.32%11.43%-5.45%17.84%-0.31%20.75%-11.71%19.33%

Correlation

The correlation between CSPX.L and VHYD.L is 0.73, 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

0.73

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

0.71

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

0.77

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

0.80

Correlation (All Time)
Calculated using the full available price history since May 21, 2013

0.82

The correlation between CSPX.L and VHYD.L shifts across timeframes, from 0.71 (3 years) to 0.82 (all time), reflecting how their relationship changes across market environments.

CSPX.L vs. VHYD.L - Sectors Allocation Comparison

Sectors
CSPX.L
VHYD.L

Technology

38.2%
7.7%

Financial Services

11.1%
28.6%

Communication Services

10.9%
3.5%

Consumer Cyclical

10.0%
7.0%

Healthcare

8.3%
11.2%

Industrials

7.9%
12.3%

Consumer Defensive

4.7%
8.7%

Energy

3.2%
9.4%

Utilities

2.2%
5.7%

Real Estate

1.9%
0.9%

Basic Materials

1.7%
5.1%

Technology

CSPX.L
38.2%
VHYD.L
7.7%

Financial Services

CSPX.L
11.1%
VHYD.L
28.6%

Communication Services

CSPX.L
10.9%
VHYD.L
3.5%

Consumer Cyclical

CSPX.L
10.0%
VHYD.L
7.0%

Healthcare

CSPX.L
8.3%
VHYD.L
11.2%

Industrials

CSPX.L
7.9%
VHYD.L
12.3%

Consumer Defensive

CSPX.L
4.7%
VHYD.L
8.7%

Energy

CSPX.L
3.2%
VHYD.L
9.4%

Utilities

CSPX.L
2.2%
VHYD.L
5.7%

Real Estate

CSPX.L
1.9%
VHYD.L
0.9%

Basic Materials

CSPX.L
1.7%
VHYD.L
5.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core S&P 500 UCITS ETF USD (Acc)

Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing

Often compared with CSPX.L:
CSPX.L vs. VOOCSPX.L vs. VUAA.LCSPX.L vs. SPYCSPX.L vs. CSPX.ASCSPX.L vs. CSP1.LCSPX.L vs. VWRL.ASCSPX.L vs. IVV
Often compared with VHYD.L:
VHYD.L vs. SCHDVHYD.L vs. VDIV.DEVHYD.L vs. FUSD.LVHYD.L vs. JEPQVHYD.L vs. WQDV.LVHYD.L vs. JEGP.LVHYD.L vs. JEPI

Return for Risk

CSPX.L vs. VHYD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CSPX.L
CSPX.L Risk / Return Rank: 6969
Overall Rank
CSPX.L Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
CSPX.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
CSPX.L Omega Ratio Rank: 6666
Omega Ratio Rank
CSPX.L Calmar Ratio Rank: 6464
Calmar Ratio Rank
CSPX.L Martin Ratio Rank: 7272
Martin Ratio Rank
VHYD.L
VHYD.L Risk / Return Rank: 8080
Overall Rank
VHYD.L Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
VHYD.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
VHYD.L Omega Ratio Rank: 8383
Omega Ratio Rank
VHYD.L Calmar Ratio Rank: 7474
Calmar Ratio Rank
VHYD.L Martin Ratio Rank: 7373
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.L vs. VHYD.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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.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.

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.LVHYD.LDifference
Sharpe ratioReturn per unit of total volatility
1.82
2.30

-0.49

Sortino ratioReturn per unit of downside risk
2.69
3.31

-0.62

Omega ratioGain probability vs. loss probability

1.33

1.42

-0.09

Calmar ratioReturn relative to maximum drawdown

2.64

3.16

-0.52

Martin ratioReturn relative to average drawdown

11.05

11.39

-0.34

CSPX.L vs. VHYD.L - Sharpe Ratio Comparison

The current CSPX.L Sharpe Ratio is 1.82, which is comparable to the VHYD.L Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of CSPX.L and VHYD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

CSPX.L vs. VHYD.L - Drawdown Comparison

The maximum CSPX.L drawdown since its inception was -33.90%, smaller than the maximum VHYD.L drawdown of -36.60%. Use the drawdown chart below to compare losses from any high point for CSPX.L and VHYD.L.

Loading charts...

Drawdown Indicators

CSPX.LVHYD.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.90%

-36.60%

+2.70%

Max Drawdown (1Y)

Largest decline over 1 year

-8.17%

-7.74%

-0.43%

Max Drawdown (3Y)

Largest decline over 3 years

-18.50%

-12.48%

-6.02%

Max Drawdown (5Y)

Largest decline over 5 years

-24.39%

-20.89%

-3.50%

Max Drawdown (10Y)

Largest decline over 10 years

-33.90%

-36.60%

+2.70%

Current Drawdown

Current decline from peak

-4.20%

-1.09%

-3.11%

Average Drawdown

Average peak-to-trough decline

-3.72%

-5.31%

+1.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.96%

2.15%

-0.19%

Volatility

CSPX.L vs. VHYD.L - Volatility Comparison

iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) has a higher volatility of 3.56% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) at 2.58%. This indicates that CSPX.L's price experiences larger fluctuations and is considered to be riskier than VHYD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CSPX.LVHYD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.56%

2.58%

+0.98%

Volatility (6M)

Calculated over the trailing 6-month period

8.82%

8.52%

+0.30%

Volatility (1Y)

Calculated over the trailing 1-year period

11.90%

10.63%

+1.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.01%

13.65%

+2.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.21%

15.38%

+0.83%

CSPX.L vs. VHYD.L - Expense Ratio Comparison

CSPX.L has a 0.07% expense ratio, which is lower than VHYD.L's 0.29% expense ratio.

Dividends

CSPX.L vs. VHYD.L - Dividend Comparison

CSPX.L has not paid dividends to shareholders, while VHYD.L's dividend yield for the trailing twelve months is around 2.51%.

PositionTTM20252024202320222021202020192018201720162015
CSPX.L
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%
VHYD.L
Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing		2.51%2.77%3.15%3.31%3.72%3.14%2.90%3.23%3.77%2.96%3.16%3.32%

Frequently Asked Questions

CSPX.L and VHYD.L have a correlation of 0.73, 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 0.29% for VHYD.L.

CSPX.L is categorized as S&P 500, while VHYD.L is Global Equities. CSPX.L tracks S&P 500 Index, while VHYD.L tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: BlackRock and Vanguard. Their fees differ too: 0.07% for CSPX.L and 0.29% for VHYD.L.

Portfolio Optimizer

Find the right allocation for CSPX.L and VHYD.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