HSPD.L vs. CSPX.L
Compare and contrast key facts about HSBC S&P 500 UCITS ETF (HSPD.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
HSPD.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. HSPD.L is a passively managed fund by HSBC that tracks the performance of the Russell 1000 TR USD. It was launched on May 14, 2010. 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 HSPD.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: HSPD.L or CSPX.L.
Key characteristics
| HSPD.L | CSPX.L | |
|---|---|---|
| YTD Return | 26.43% | 26.45% |
| 1Y Return | 38.38% | 38.29% |
| 3Y Return (Ann) | 10.00% | 10.00% |
| 5Y Return (Ann) | 15.78% | 15.72% |
| 10Y Return (Ann) | 13.05% | 13.05% |
| Sharpe Ratio | 3.31 | 3.34 |
| Sortino Ratio | 4.58 | 4.61 |
| Omega Ratio | 1.63 | 1.63 |
| Calmar Ratio | 4.94 | 5.05 |
| Martin Ratio | 21.46 | 21.72 |
| Ulcer Index | 1.80% | 1.78% |
| Daily Std Dev | 11.65% | 11.54% |
| Max Drawdown | -34.00% | -33.90% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between HSPD.L and CSPX.L is 0.89, 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
HSPD.L vs. CSPX.L - Performance Comparison
The year-to-date returns for both investments are quite close, with HSPD.L having a 26.43% return and CSPX.L slightly higher at 26.45%. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: HSPD.L at 13.05% and CSPX.L at 13.05%. 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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HSPD.L vs. CSPX.L - Expense Ratio Comparison
HSPD.L has a 0.09% 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
HSPD.L vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC S&P 500 UCITS ETF (HSPD.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
HSPD.L vs. CSPX.L - Dividend Comparison
HSPD.L's dividend yield for the trailing twelve months is around 0.99%, while CSPX.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSPD.L HSBC S&P 500 UCITS ETF | 0.99% | 1.18% | 1.34% | 0.98% | 1.32% | 1.41% | 1.68% | 1.44% | 1.65% | 1.67% | 1.46% | 1.53% |
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% |
Drawdowns
HSPD.L vs. CSPX.L - Drawdown Comparison
The maximum HSPD.L drawdown since its inception was -34.00%, roughly equal to the maximum CSPX.L drawdown of -33.90%. Use the drawdown chart below to compare losses from any high point for HSPD.L and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
HSPD.L vs. CSPX.L - Volatility Comparison
HSBC S&P 500 UCITS ETF (HSPD.L) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) have volatilities of 3.71% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.