GPSA.L vs. CSPX.L
Compare and contrast key facts about iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (GPSA.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
GPSA.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. GPSA.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 TR USD. It was launched on Oct 19, 2018. 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 GPSA.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: GPSA.L or CSPX.L.
Key characteristics
| GPSA.L | CSPX.L | |
|---|---|---|
| YTD Return | 14.45% | 18.56% |
| 1Y Return | 22.23% | 28.66% |
| 3Y Return (Ann) | 10.78% | 9.62% |
| 5Y Return (Ann) | 9.43% | 14.85% |
| Sharpe Ratio | 0.65 | 2.29 |
| Daily Std Dev | 33.29% | 12.21% |
| Max Drawdown | -34.83% | -33.90% |
| Current Drawdown | -3.86% | -0.51% |
Correlation
The correlation between GPSA.L and CSPX.L is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GPSA.L vs. CSPX.L - Performance Comparison
In the year-to-date period, GPSA.L achieves a 14.45% return, which is significantly lower than CSPX.L's 18.56% 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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GPSA.L vs. CSPX.L - Expense Ratio Comparison
Both GPSA.L and CSPX.L have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
GPSA.L vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (GPSA.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
GPSA.L vs. CSPX.L - Dividend Comparison
Neither GPSA.L nor CSPX.L has paid dividends to shareholders.
Drawdowns
GPSA.L vs. CSPX.L - Drawdown Comparison
The maximum GPSA.L drawdown since its inception was -34.83%, roughly equal to the maximum CSPX.L drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for GPSA.L and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
GPSA.L vs. CSPX.L - Volatility Comparison
iShares MSCI USA ESG Screened UCITS ETF USD (Acc) (GPSA.L) has a higher volatility of 4.60% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 3.96%. This indicates that GPSA.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.