IQQH.DE vs. CSPX.L
IQQH.DE (iShares Global Clean Energy UCITS ETF USD (Dist)) and CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - IQQH.DE is a Energy Equities fund tracking the S&P Global Clean Energy, while CSPX.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, IQQH.DE returned 11.71%/yr vs 14.96%/yr for CSPX.L. A 0.52 correlation means they provide meaningful diversification when combined. IQQH.DE charges 0.65%/yr vs 0.07%/yr for CSPX.L.
Performance
IQQH.DE vs. CSPX.L - Performance Comparison
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Different Trading Currencies
IQQH.DE is traded in EUR, while CSPX.L is traded in USD. To make them comparable, the CSPX.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IQQH.DE achieves a 39.28% return, which is significantly higher than CSPX.L's 11.58% return. Over the past 10 years, IQQH.DE has underperformed CSPX.L with an annualized return of 11.71%, while CSPX.L has yielded a comparatively higher 14.96% annualized return.
IQQH.DE
- 1D
- -1.81%
- 1M
- 8.45%
- YTD
- 39.28%
- 6M
- 35.95%
- 1Y
- 78.04%
- 3Y*
- 5.37%
- 5Y*
- 2.58%
- 10Y*
- 11.71%
CSPX.L
- 1D
- -0.13%
- 1M
- 5.21%
- YTD
- 11.58%
- 6M
- 11.45%
- 1Y
- 25.70%
- 3Y*
- 18.92%
- 5Y*
- 14.77%
- 10Y*
- 14.96%
IQQH.DE vs. CSPX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQH.DE iShares Global Clean Energy UCITS ETF USD (Dist) | 39.28% | 29.83% | -21.49% | -22.15% | 0.84% | -17.65% | 117.65% | 49.62% | -4.26% | 7.71% |
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 11.59% | 3.52% | 33.52% | 22.94% | -13.69% | 39.03% | 7.93% | 33.50% | -1.02% | 6.66% |
Correlation
The correlation between IQQH.DE and CSPX.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2010 | 0.52 |
The correlation between IQQH.DE and CSPX.L shifts across timeframes, from 0.41 (3 years) to 0.53 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
IQQH.DE vs. CSPX.L — Risk / Return Rank
IQQH.DE
CSPX.L
IQQH.DE vs. CSPX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy UCITS ETF USD (Dist) (IQQH.DE) 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.
| IQQH.DE | CSPX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.38 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 6.29 | 3.56 | +2.72 |
| Martin ratioReturn relative to average drawdown | 19.88 | 12.33 | +7.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQQH.DE | CSPX.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.18 | 2.02 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.92 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.90 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.92 | -0.93 |
Drawdowns
IQQH.DE vs. CSPX.L - Drawdown Comparison
The maximum IQQH.DE drawdown since its inception was -86.09%, which is greater than CSPX.L's maximum drawdown of -33.40%. Use the drawdown chart below to compare losses from any high point for IQQH.DE and CSPX.L.
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Drawdown Indicators
| IQQH.DE | CSPX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.09% | -33.40% | -52.69% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -7.09% | -5.23% |
Max Drawdown (3Y)Largest decline over 3 years | -44.43% | -22.56% | -21.87% |
Max Drawdown (5Y)Largest decline over 5 years | -57.70% | -22.56% | -35.14% |
Max Drawdown (10Y)Largest decline over 10 years | -63.78% | -33.40% | -30.38% |
Current DrawdownCurrent decline from peak | -24.01% | -0.39% | -23.62% |
Average DrawdownAverage peak-to-trough decline | -59.78% | -4.12% | -55.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.06% | +1.84% |
Volatility
IQQH.DE vs. CSPX.L - Volatility Comparison
iShares Global Clean Energy UCITS ETF USD (Dist) (IQQH.DE) has a higher volatility of 9.79% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 3.06%. This indicates that IQQH.DE'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.
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Volatility by Period
| IQQH.DE | CSPX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.79% | 3.06% | +6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 18.31% | 8.74% | +9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.37% | 12.53% | +11.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.69% | 15.93% | +8.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.08% | 16.61% | +8.47% |
IQQH.DE vs. CSPX.L - Expense Ratio Comparison
IQQH.DE has a 0.65% expense ratio, which is higher than CSPX.L's 0.07% expense ratio.
Dividends
IQQH.DE vs. CSPX.L - Dividend Comparison
IQQH.DE's dividend yield for the trailing twelve months is around 0.94%, while CSPX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IQQH.DE iShares Global Clean Energy UCITS ETF USD (Dist) | 0.94% | 1.53% | 1.32% | 1.23% | 0.83% | 1.23% | 0.56% | 2.89% | 3.30% | 4.82% | 4.72% | 2.86% |
Frequently Asked Questions
IQQH.DE and CSPX.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSPX.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSPX.L is cheaper with a 0.07% expense ratio, compared with 0.65% for IQQH.DE.
IQQH.DE is categorized as Energy Equities, while CSPX.L is S&P 500. IQQH.DE tracks S&P Global Clean Energy, while CSPX.L tracks S&P 500 Index. They also come from different issuers: iShares and BlackRock. Their fees differ too: 0.65% for IQQH.DE and 0.07% for CSPX.L.
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