PRIJ.L vs. CSP1.L

Last updated Jun 27, 2026

PRIJ.L (Amundi Prime Japan UCITS ETF DR (D)) and CSP1.L (iShares Core S&P 500 UCITS ETF) are both exchange-traded funds - PRIJ.L is a Japan Equities fund tracking the TOPIX TR JPY, while CSP1.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, PRIJ.L returned 10.28%/yr vs 13.98%/yr for CSP1.L. A 0.56 correlation means they provide meaningful diversification when combined. PRIJ.L charges 0.05%/yr vs 0.07%/yr for CSP1.L.

Performance

PRIJ.L vs. CSP1.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Prime Japan UCITS ETF DR (D) (PRIJ.L) and iShares Core S&P 500 UCITS ETF (CSP1.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRIJ.L achieves a 16.89% return, which is significantly higher than CSP1.L's 9.52% return.

PRIJ.L

• 1D: -0.60%
• 1M: 2.79%
• YTD: 16.89%
• 6M: 17.38%
• 1Y: 35.53%
• 3Y*: 17.11%
• 5Y*: 10.28%
• 10Y*: —

CSP1.L

• 1D: 0.01%
• 1M: -0.16%
• YTD: 9.52%
• 6M: 9.70%
• 1Y: 26.36%
• 3Y*: 19.10%
• 5Y*: 13.98%
• 10Y*: 15.52%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PRIJ.L Amundi Prime Japan UCITS ETF DR (D)	16.89%	17.80%	9.02%	13.78%	-6.35%	2.49%	12.24%	11.21%
CSP1.L iShares Core S&P 500 UCITS ETF	9.52%	9.37%	27.35%	19.79%	-9.05%	31.07%	13.65%	15.76%

Correlation

The correlation between PRIJ.L and CSP1.L is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Mar 19, 2019	0.56

The correlation between PRIJ.L and CSP1.L shifts across timeframes, from 0.46 (3 years) to 0.56 (all time), reflecting how their relationship changes across market environments.

PRIJ.L vs. CSP1.L - Sectors Allocation Comparison

Sectors	PRIJ.L	CSP1.L
Industrials	24.0%	8.2%
Technology	21.2%	39.1%
Financial Services	17.4%	11.5%
Consumer Cyclical	12.0%	9.5%
Communication Services	8.4%	10.2%
Healthcare	5.3%	8.3%
Consumer Defensive	3.7%	4.6%
Basic Materials	3.6%	1.7%
Real Estate	2.6%	1.8%
Utilities	1.1%	2.2%
Energy	0.8%	3.0%

Return for Risk

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

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

PRIJ.L

PRIJ.L Risk / Return Rank: 68
PRIJ.L Sharpe Ratio Rank: 67
PRIJ.L Sortino Ratio Rank: 65
PRIJ.L Omega Ratio Rank: 69
PRIJ.L Calmar Ratio Rank: 73
PRIJ.L Martin Ratio Rank: 66

CSP1.L

CSP1.L Risk / Return Rank: 82
CSP1.L Sharpe Ratio Rank: 84
CSP1.L Sortino Ratio Rank: 83
CSP1.L Omega Ratio Rank: 84
CSP1.L Calmar Ratio Rank: 80
CSP1.L Martin Ratio Rank: 79

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.

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

This table presents a comparison of risk-adjusted performance metrics for Amundi Prime Japan UCITS ETF DR (D) (PRIJ.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PRIJ.L	CSP1.L	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.38	-0.51
Sortino ratio: Return per unit of downside risk	2.60	3.24	-0.64
Omega ratio: Gain probability vs. loss probability	1.35	1.44	-0.09
Calmar ratio: Return relative to maximum drawdown	3.22	3.68	-0.47
Martin ratio: Return relative to average drawdown	10.27	13.28	-3.01

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

The current PRIJ.L Sharpe Ratio is 1.87, which is comparable to the CSP1.L Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of PRIJ.L and CSP1.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRIJ.L vs. CSP1.L - Drawdown Comparison

The maximum PRIJ.L drawdown since its inception was -24.45%, roughly equal to the maximum CSP1.L drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for PRIJ.L and CSP1.L.

Drawdown Indicators

	PRIJ.L	CSP1.L	Difference
Max Drawdown Largest peak-to-trough decline	-24.45%	-25.48%	+1.03%
Max Drawdown (1Y) Largest decline over 1 year	-10.99%	-7.12%	-3.87%
Max Drawdown (3Y) Largest decline over 3 years	-12.98%	-20.77%	+7.79%
Max Drawdown (5Y) Largest decline over 5 years	-18.16%	-20.77%	+2.61%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.48%	—
Current Drawdown Current decline from peak	-3.04%	-1.49%	-1.55%
Average Drawdown Average peak-to-trough decline	-4.97%	-3.64%	-1.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.44%	1.98%	+1.46%

Volatility

PRIJ.L vs. CSP1.L - Volatility Comparison

Amundi Prime Japan UCITS ETF DR (D) (PRIJ.L) has a higher volatility of 5.54% compared to iShares Core S&P 500 UCITS ETF (CSP1.L) at 3.51%. This indicates that PRIJ.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

	PRIJ.L	CSP1.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	3.51%	+2.03%
Volatility (6M) Calculated over the trailing 6-month period	15.37%	7.72%	+7.65%
Volatility (1Y) Calculated over the trailing 1-year period	18.89%	11.01%	+7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.74%	20.04%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	18.35%	-1.71%

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

PRIJ.L has a 0.05% expense ratio, which is lower than CSP1.L's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PRIJ.L vs. CSP1.L - Dividend Comparison

PRIJ.L's dividend yield for the trailing twelve months is around 1.51%, while CSP1.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
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%
PRIJ.L Amundi Prime Japan UCITS ETF DR (D)	1.51%	1.76%	1.89%	1.89%	2.17%	1.81%	1.71%	1.89%

Frequently Asked Questions

Can I hold both PRIJ.L and CSP1.L in my portfolio?

PRIJ.L and CSP1.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRIJ.L or CSP1.L?

On fees, PRIJ.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRIJ.L or CSP1.L?

PRIJ.L is cheaper with a 0.05% expense ratio, compared with 0.07% for CSP1.L.

What is the main difference between PRIJ.L and CSP1.L?

PRIJ.L is categorized as Japan Equities, while CSP1.L is S&P 500. PRIJ.L tracks TOPIX TR JPY, while CSP1.L tracks S&P 500 Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.05% for PRIJ.L and 0.07% for CSP1.L.