IEQD.L vs. CSP1.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) and iShares Core S&P 500 UCITS ETF (CSP1.L).

IEQD.L and CSP1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEQD.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe NR EUR. It was launched on Feb 23, 2018. CSP1.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010. Both IEQD.L and CSP1.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.

Performance

IEQD.L vs. CSP1.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) and iShares Core S&P 500 UCITS ETF (CSP1.L). The values are adjusted to include any dividend payments, if applicable.

IEQD.L vs. CSP1.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IEQD.L iShares Edge MSCI Europe Quality Factor UCITS Dist	0.56%	9.49%	4.14%	14.42%	-11.20%	26.21%	1.53%	30.13%	-3.99%
CSP1.L iShares Core S&P 500 UCITS ETF	-2.69%	3.67%	33.49%	22.33%	-13.74%	39.60%	7.48%	34.46%	-2.39%

Different Trading Currencies

IEQD.L is traded in EUR, while CSP1.L is traded in GBp. To make them comparable, the CSP1.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IEQD.L achieves a 0.56% return, which is significantly higher than CSP1.L's -2.69% return.

IEQD.L

• 1D: 2.13%
• 1M: -4.04%
• YTD: 0.56%
• 6M: 3.50%
• 1Y: 5.46%
• 3Y*: 6.89%
• 5Y*: 6.52%
• 10Y*: —

CSP1.L

• 1D: 2.04%
• 1M: -2.95%
• YTD: -2.69%
• 6M: 0.35%
• 1Y: 10.25%
• 3Y*: 16.21%
• 5Y*: 12.16%
• 10Y*: 13.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IEQD.L vs. CSP1.L - Expense Ratio Comparison

IEQD.L has a 0.25% expense ratio, which is higher than CSP1.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%.

IEQD.L

iShares Edge MSCI Europe Quality Factor UCITS Dist

CSP1.L

iShares Core S&P 500 UCITS ETF

Return for Risk

IEQD.L vs. CSP1.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEQD.L

IEQD.L Risk / Return Rank: 22
IEQD.L Sharpe Ratio Rank: 22
IEQD.L Sortino Ratio Rank: 20
IEQD.L Omega Ratio Rank: 21
IEQD.L Calmar Ratio Rank: 25
IEQD.L Martin Ratio Rank: 24

CSP1.L

CSP1.L Risk / Return Rank: 59
CSP1.L Sharpe Ratio Rank: 52
CSP1.L Sortino Ratio Rank: 50
CSP1.L Omega Ratio Rank: 51
CSP1.L Calmar Ratio Rank: 75
CSP1.L Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IEQD.L vs. CSP1.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) and iShares Core S&P 500 UCITS ETF (CSP1.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.

	IEQD.L	CSP1.L	Difference
Sharpe ratio Return per unit of total volatility	0.38	0.62	-0.24
Sortino ratio Return per unit of downside risk	0.59	0.93	-0.34
Omega ratio Gain probability vs. loss probability	1.08	1.14	-0.05
Calmar ratio Return relative to maximum drawdown	0.66	1.35	-0.69
Martin ratio Return relative to average drawdown	1.89	4.34	-2.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEQD.L vs. CSP1.L - Sharpe Ratio Comparison

The current IEQD.L Sharpe Ratio is 0.38, which is lower than the CSP1.L Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of IEQD.L and CSP1.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IEQD.L	CSP1.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	0.62	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.80	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.96	-0.44

Correlation

The correlation between IEQD.L and CSP1.L is 0.67, 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.

Dividends

IEQD.L vs. CSP1.L - Dividend Comparison

IEQD.L's dividend yield for the trailing twelve months is around 2.17%, while CSP1.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IEQD.L iShares Edge MSCI Europe Quality Factor UCITS Dist	2.17%	2.18%	2.37%	2.74%	2.69%	1.96%	2.21%	2.89%	2.93%
CSP1.L iShares Core S&P 500 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IEQD.L vs. CSP1.L - Drawdown Comparison

The maximum IEQD.L drawdown since its inception was -33.13%, roughly equal to the maximum CSP1.L drawdown of -32.91%. Use the drawdown chart below to compare losses from any high point for IEQD.L and CSP1.L.

Drawdown Indicators

	IEQD.L	CSP1.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.13%	-25.48%	-7.65%
Max Drawdown (1Y) Largest decline over 1 year	-10.80%	-10.33%	-0.47%
Max Drawdown (5Y) Largest decline over 5 years	-19.89%	-20.77%	+0.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.48%	—
Current Drawdown Current decline from peak	-5.37%	-4.74%	-0.63%
Average Drawdown Average peak-to-trough decline	-4.93%	-3.35%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	2.07%	+1.19%

Volatility

IEQD.L vs. CSP1.L - Volatility Comparison

iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) has a higher volatility of 4.96% compared to iShares Core S&P 500 UCITS ETF (CSP1.L) at 3.98%. This indicates that IEQD.L's price experiences larger fluctuations and is considered to be riskier than CSP1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEQD.L	CSP1.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	3.98%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	8.47%	8.61%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	16.47%	-2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.88%	15.11%	-1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.37%	16.13%	-0.76%