GSPX.L vs. VUSA.L
Compare and contrast key facts about iShares Core S&P 500 UCITS ETF (GSPX.L) and Vanguard S&P 500 UCITS ETF (VUSA.L).
GSPX.L and VUSA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSPX.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on Jun 29, 2018. VUSA.L is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 TR USD. It was launched on May 22, 2012. Both GSPX.L and VUSA.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: GSPX.L or VUSA.L.
Key characteristics
| GSPX.L | VUSA.L | |
|---|---|---|
| YTD Return | 25.65% | 26.16% |
| 1Y Return | 36.26% | 32.13% |
| 3Y Return (Ann) | 8.33% | 12.08% |
| 5Y Return (Ann) | 14.01% | 16.22% |
| Sharpe Ratio | 2.92 | 2.85 |
| Sortino Ratio | 4.05 | 4.02 |
| Omega Ratio | 1.55 | 1.55 |
| Calmar Ratio | 4.44 | 5.05 |
| Martin Ratio | 18.54 | 19.91 |
| Ulcer Index | 1.82% | 1.59% |
| Daily Std Dev | 11.64% | 11.10% |
| Max Drawdown | -34.88% | -25.47% |
| Current Drawdown | -0.30% | 0.00% |
Correlation
The correlation between GSPX.L and VUSA.L is 0.88, 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
GSPX.L vs. VUSA.L - Performance Comparison
The year-to-date returns for both investments are quite close, with GSPX.L having a 25.65% return and VUSA.L slightly higher at 26.16%. 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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GSPX.L vs. VUSA.L - Expense Ratio Comparison
GSPX.L has a 0.10% expense ratio, which is higher than VUSA.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
GSPX.L vs. VUSA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF (GSPX.L) and Vanguard S&P 500 UCITS ETF (VUSA.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
GSPX.L vs. VUSA.L - Dividend Comparison
GSPX.L's dividend yield for the trailing twelve months is around 0.98%, more than VUSA.L's 0.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSPX.L iShares Core S&P 500 UCITS ETF | 0.98% | 1.15% | 1.40% | 0.96% | 1.31% | 1.50% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VUSA.L Vanguard S&P 500 UCITS ETF | 0.74% | 1.25% | 1.41% | 1.05% | 1.46% | 1.48% | 1.70% | 1.60% | 1.55% | 1.73% | 1.50% | 1.62% |
Drawdowns
GSPX.L vs. VUSA.L - Drawdown Comparison
The maximum GSPX.L drawdown since its inception was -34.88%, which is greater than VUSA.L's maximum drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for GSPX.L and VUSA.L. For additional features, visit the drawdowns tool.
Volatility
GSPX.L vs. VUSA.L - Volatility Comparison
iShares Core S&P 500 UCITS ETF (GSPX.L) has a higher volatility of 4.47% compared to Vanguard S&P 500 UCITS ETF (VUSA.L) at 3.37%. This indicates that GSPX.L's price experiences larger fluctuations and is considered to be riskier than VUSA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.