SPP2.DE vs. CSPX.L
Compare and contrast key facts about SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L).
SPP2.DE and CSPX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPP2.DE is a passively managed fund by State Street Global Advisors Europe Limited that tracks the performance of the MSCI ACWI (USD Hedged). It was launched on Oct 21, 2020. 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. Both SPP2.DE and CSPX.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPP2.DE or CSPX.L.
Correlation
The correlation between SPP2.DE and CSPX.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPP2.DE vs. CSPX.L - Performance Comparison
Key characteristics
SPP2.DE:
1.89
CSPX.L:
1.69
SPP2.DE:
2.57
CSPX.L:
2.26
SPP2.DE:
1.35
CSPX.L:
1.33
SPP2.DE:
2.59
CSPX.L:
2.30
SPP2.DE:
11.47
CSPX.L:
10.53
SPP2.DE:
1.87%
CSPX.L:
2.08%
SPP2.DE:
11.39%
CSPX.L:
12.97%
SPP2.DE:
-19.52%
CSPX.L:
-9.49%
SPP2.DE:
-0.21%
CSPX.L:
-1.46%
Returns By Period
In the year-to-date period, SPP2.DE achieves a 3.64% return, which is significantly higher than CSPX.L's 1.75% return.
SPP2.DE
3.64%
5.29%
11.28%
21.40%
N/A
N/A
CSPX.L
1.75%
4.05%
11.87%
23.20%
N/A
N/A
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SPP2.DE vs. CSPX.L - Expense Ratio Comparison
SPP2.DE has a 0.45% expense ratio, which is higher than CSPX.L's 0.07% expense ratio.
Risk-Adjusted Performance
SPP2.DE vs. CSPX.L — Risk-Adjusted Performance Rank
SPP2.DE
CSPX.L
SPP2.DE vs. CSPX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.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.
Dividends
SPP2.DE vs. CSPX.L - Dividend Comparison
Neither SPP2.DE nor CSPX.L has paid dividends to shareholders.
Drawdowns
SPP2.DE vs. CSPX.L - Drawdown Comparison
The maximum SPP2.DE drawdown since its inception was -19.52%, 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 SPP2.DE and CSPX.L. For additional features, visit the drawdowns tool.
Volatility
SPP2.DE vs. CSPX.L - Volatility Comparison
The current volatility for SPDR MSCI ACWI UCITS ETF USD Hedged Acc (SPP2.DE) is 3.50%, while iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) has a volatility of 3.96%. This indicates that SPP2.DE experiences smaller price fluctuations and is considered to be less risky than CSPX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.