GSPX.L vs. RR.L
GSPX.L (iShares Core S&P 500 UCITS ETF) is S&P 500 fund tracking the S&P 500 Index, while RR.L (Rolls-Royce Holdings PLC) is a stock. Over the past 5 years, GSPX.L returned 12.13%/yr vs 64.05%/yr for RR.L. At a 0.43 correlation, their price movements are largely independent.
Performance
GSPX.L vs. RR.L - Performance Comparison
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Different Trading Currencies
GSPX.L is traded in GBP, while RR.L is traded in GBp. To make them comparable, the RR.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, GSPX.L achieves a 8.24% return, which is significantly lower than RR.L's 14.24% return.
GSPX.L
- 1D
- 2.38%
- 1M
- 0.64%
- YTD
- 8.24%
- 6M
- 9.38%
- 1Y
- 24.05%
- 3Y*
- 20.06%
- 5Y*
- 12.13%
- 10Y*
- —
RR.L
- 1D
- 4.41%
- 1M
- 8.55%
- YTD
- 14.24%
- 6M
- 19.81%
- 1Y
- 48.66%
- 3Y*
- 106.71%
- 5Y*
- 64.05%
- 10Y*
- 20.98%
GSPX.L vs. RR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GSPX.L iShares Core S&P 500 UCITS ETF | 8.24% | 17.16% | 24.72% | 24.87% | -20.64% | 28.96% | 15.11% | 27.76% | -7.71% |
RR.L Rolls-Royce Holdings PLC | 14.24% | 104.79% | 89.72% | 221.57% | -24.15% | 10.45% | -52.55% | -16.52% | -13.03% |
Correlation
The correlation between GSPX.L and RR.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2018 | 0.43 |
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Return for Risk
GSPX.L vs. RR.L — Risk / Return Rank
GSPX.L
RR.L
GSPX.L vs. RR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF (GSPX.L) and Rolls-Royce Holdings PLC (RR.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.
| GSPX.L | RR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 2.54 | +0.32 |
| Martin ratioReturn relative to average drawdown | 12.14 | 7.03 | +5.11 |
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Drawdowns
GSPX.L vs. RR.L - Drawdown Comparison
The maximum GSPX.L drawdown since its inception was -34.98%, smaller than the maximum RR.L drawdown of -90.25%. Use the drawdown chart below to compare losses from any high point for GSPX.L and RR.L.
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Drawdown Indicators
| GSPX.L | RR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.98% | -90.25% | +55.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.37% | -19.04% | +10.67% |
Max Drawdown (3Y)Largest decline over 3 years | -18.97% | -21.78% | +2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -25.80% | -55.09% | +29.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.41% | — |
Current DrawdownCurrent decline from peak | -2.12% | -3.61% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -5.61% | -28.29% | +22.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 6.91% | -4.93% |
Volatility
GSPX.L vs. RR.L - Volatility Comparison
The current volatility for iShares Core S&P 500 UCITS ETF (GSPX.L) is 4.22%, while Rolls-Royce Holdings PLC (RR.L) has a volatility of 11.80%. This indicates that GSPX.L experiences smaller price fluctuations and is considered to be less risky than RR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSPX.L | RR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 11.80% | -7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 31.08% | -22.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.98% | 36.24% | -24.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.12% | 42.06% | -25.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 48.60% | -30.91% |
Dividends
GSPX.L vs. RR.L - Dividend Comparison
GSPX.L's dividend yield for the trailing twelve months is around 0.82%, more than RR.L's 0.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSPX.L iShares Core S&P 500 UCITS ETF | 0.82% | 0.89% | 0.99% | 1.15% | 1.40% | 0.96% | 1.31% | 1.50% | 0.11% | 0.00% | 0.00% | 0.00% |
RR.L Rolls-Royce Holdings PLC | 0.73% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.71% | 1.41% | 0.54% | 1.75% | 4.06% |
Frequently Asked Questions
GSPX.L and RR.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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