SAGG.L vs. CSP1.L
SAGG.L (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) and CSP1.L (iShares Core S&P 500 UCITS ETF) are both exchange-traded funds - SAGG.L is a Global Bonds fund tracking the Bloomberg Global Aggregate TR USD, while CSP1.L is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, SAGG.L returned 215.72%/yr vs 14.94%/yr for CSP1.L. At a 0.12 correlation, their price movements are largely independent. SAGG.L charges 0.10%/yr vs 0.07%/yr for CSP1.L.
Performance
SAGG.L vs. CSP1.L - Performance Comparison
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Different Trading Currencies
SAGG.L is traded in GBP, while CSP1.L is traded in GBp. To make them comparable, the CSP1.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SAGG.L achieves a -1.45% return, which is significantly lower than CSP1.L's 10.55% return.
SAGG.L
- 1D
- 0.26%
- 1M
- 1.02%
- YTD
- -1.45%
- 6M
- -1.68%
- 1Y
- 1.64%
- 3Y*
- 0.18%
- 5Y*
- 215.72%
- 10Y*
- —
CSP1.L
- 1D
- 0.05%
- 1M
- 5.54%
- YTD
- 10.55%
- 6M
- 10.48%
- 1Y
- 29.13%
- 3Y*
- 19.02%
- 5Y*
- 14.94%
- 10Y*
- 16.07%
SAGG.L vs. CSP1.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -1.45% | 0.53% | 0.03% | 975.51% | 1,013.35% | 616.49% | 2,058.65% | 3,293.93% | 383.58% | -1.30% |
CSP1.L iShares Core S&P 500 UCITS ETF | 10.55% | 9.37% | 27.35% | 19.79% | -9.05% | 31.07% | 13.65% | 26.42% | 0.01% | 2.31% |
Correlation
The correlation between SAGG.L and CSP1.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2017 | 0.12 |
The correlation between SAGG.L and CSP1.L shifts across timeframes, from 0.07 (5 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SAGG.L vs. CSP1.L — Risk / Return Rank
SAGG.L
CSP1.L
SAGG.L vs. CSP1.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.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.
| SAGG.L | CSP1.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.51 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 4.07 | -3.76 |
| Martin ratioReturn relative to average drawdown | 0.63 | 14.99 | -14.36 |
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
| SAGG.L | CSP1.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 2.73 | -2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 1.04 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 1.09 | -0.12 |
Drawdowns
SAGG.L vs. CSP1.L - Drawdown Comparison
The maximum SAGG.L drawdown since its inception was -10.22%, smaller than the maximum CSP1.L drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for SAGG.L and CSP1.L.
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Drawdown Indicators
| SAGG.L | CSP1.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.22% | -25.48% | +15.26% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -7.12% | +1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -5.18% | -20.77% | +15.59% |
Max Drawdown (5Y)Largest decline over 5 years | -8.71% | -20.77% | +12.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.48% | — |
Current DrawdownCurrent decline from peak | -3.93% | -0.24% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -3.32% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 1.94% | +0.67% |
Volatility
SAGG.L vs. CSP1.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) is 1.17%, while iShares Core S&P 500 UCITS ETF (CSP1.L) has a volatility of 2.62%. This indicates that SAGG.L experiences smaller price fluctuations and is considered to be less risky than CSP1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAGG.L | CSP1.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 2.62% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 7.16% | -3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 10.62% | -5.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 475.05% | 14.31% | +460.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 485.36% | 15.57% | +469.79% |
SAGG.L vs. CSP1.L - Expense Ratio Comparison
SAGG.L has a 0.10% 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%.
Dividends
SAGG.L vs. CSP1.L - Dividend Comparison
SAGG.L's dividend yield for the trailing twelve months is around 1.52%, while CSP1.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
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% |
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.52% | 3.13% | 2.68% | 95.35% | 147.52% | 130.26% | 156.35% | 167.63% | 76.39% |
Frequently Asked Questions
SAGG.L and CSP1.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSP1.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSP1.L is cheaper with a 0.07% expense ratio, compared with 0.10% for SAGG.L.
SAGG.L is categorized as Global Bonds, while CSP1.L is S&P 500. SAGG.L tracks Bloomberg Global Aggregate TR USD, while CSP1.L tracks S&P 500 Index. Their fees differ too: 0.10% for SAGG.L and 0.07% for CSP1.L.
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