EDG2.L vs. CSPX.L
Compare and contrast key facts about iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
EDG2.L and CSPX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDG2.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on Oct 22, 2019. 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. Both EDG2.L and CSPX.L 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: EDG2.L or CSPX.L.
Key characteristics
| EDG2.L | CSPX.L | |
|---|---|---|
| YTD Return | 8.07% | 26.49% |
| 1Y Return | 10.22% | 34.76% |
| 3Y Return (Ann) | -2.81% | 10.01% |
| Sharpe Ratio | 0.61 | 3.01 |
| Sortino Ratio | 0.97 | 4.17 |
| Omega Ratio | 1.11 | 1.57 |
| Calmar Ratio | 0.32 | 4.49 |
| Martin Ratio | 2.99 | 19.30 |
| Ulcer Index | 2.75% | 1.78% |
| Daily Std Dev | 13.47% | 11.52% |
| Max Drawdown | -28.22% | -33.90% |
| Current Drawdown | -13.88% | -0.23% |
Correlation
The correlation between EDG2.L and CSPX.L is 0.61, 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
EDG2.L vs. CSPX.L - Performance Comparison
In the year-to-date period, EDG2.L achieves a 8.07% return, which is significantly lower than CSPX.L's 26.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EDG2.L vs. CSPX.L - Expense Ratio Comparison
EDG2.L has a 0.18% expense ratio, which is higher than CSPX.L's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
EDG2.L vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.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.
Dividends
EDG2.L vs. CSPX.L - Dividend Comparison
Neither EDG2.L nor CSPX.L has paid dividends to shareholders.
Drawdowns
EDG2.L vs. CSPX.L - Drawdown Comparison
The maximum EDG2.L drawdown since its inception was -28.22%, smaller than the maximum CSPX.L drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for EDG2.L and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
EDG2.L vs. CSPX.L - Volatility Comparison
iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) has a higher volatility of 5.25% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 3.75%. This indicates that EDG2.L's price experiences larger fluctuations and is considered to be riskier than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.