NANO.TO vs. CSPX.L
Compare and contrast key facts about Nano One Materials Corp. (NANO.TO) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NANO.TO or CSPX.L.
Correlation
The correlation between NANO.TO and CSPX.L is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NANO.TO vs. CSPX.L - Performance Comparison
Key characteristics
NANO.TO:
-0.63
CSPX.L:
1.66
NANO.TO:
-0.81
CSPX.L:
2.21
NANO.TO:
0.91
CSPX.L:
1.32
NANO.TO:
-0.52
CSPX.L:
2.24
NANO.TO:
-1.12
CSPX.L:
10.25
NANO.TO:
46.23%
CSPX.L:
2.08%
NANO.TO:
82.49%
CSPX.L:
12.89%
NANO.TO:
-99.96%
CSPX.L:
-9.49%
NANO.TO:
-99.79%
CSPX.L:
-0.54%
Returns By Period
In the year-to-date period, NANO.TO achieves a -4.94% return, which is significantly lower than CSPX.L's 2.95% return.
NANO.TO
-4.94%
-14.44%
-3.75%
-52.17%
-12.66%
14.51%
CSPX.L
2.95%
1.15%
9.33%
24.27%
N/A
N/A
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Risk-Adjusted Performance
NANO.TO vs. CSPX.L — Risk-Adjusted Performance Rank
NANO.TO
CSPX.L
NANO.TO vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nano One Materials Corp. (NANO.TO) 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
NANO.TO vs. CSPX.L - Dividend Comparison
Neither NANO.TO nor CSPX.L has paid dividends to shareholders.
Drawdowns
NANO.TO vs. CSPX.L - Drawdown Comparison
The maximum NANO.TO drawdown since its inception was -99.96%, which is greater than CSPX.L's maximum drawdown of -9.49%. Use the drawdown chart below to compare losses from any high point for NANO.TO and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
NANO.TO vs. CSPX.L - Volatility Comparison
Nano One Materials Corp. (NANO.TO) has a higher volatility of 21.25% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) at 3.64%. This indicates that NANO.TO'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.