SPYL.DE vs. CSPX.AS
Compare and contrast key facts about SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE) and iShares Core S&P 500 UCITS ETF (CSPX.AS).
SPYL.DE and CSPX.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYL.DE is a passively managed fund by State Street that tracks the performance of the S&P 500®. It was launched on Oct 31, 2023. CSPX.AS is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010. Both SPYL.DE and CSPX.AS 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: SPYL.DE or CSPX.AS.
Key characteristics
SPYL.DE | CSPX.AS | |
---|---|---|
YTD Return | 18.48% | 19.16% |
Daily Std Dev | 11.93% | 11.74% |
Max Drawdown | -8.25% | -33.65% |
Current Drawdown | -1.76% | -1.78% |
Correlation
The correlation between SPYL.DE and CSPX.AS is 0.99, 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
SPYL.DE vs. CSPX.AS - Performance Comparison
The year-to-date returns for both investments are quite close, with SPYL.DE having a 18.48% return and CSPX.AS slightly higher at 19.16%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPYL.DE vs. CSPX.AS - Expense Ratio Comparison
SPYL.DE has a 0.03% expense ratio, which is lower than CSPX.AS'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%.
Risk-Adjusted Performance
SPYL.DE vs. CSPX.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE) and iShares Core S&P 500 UCITS ETF (CSPX.AS). 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
SPYL.DE vs. CSPX.AS - Dividend Comparison
Neither SPYL.DE nor CSPX.AS has paid dividends to shareholders.
Drawdowns
SPYL.DE vs. CSPX.AS - Drawdown Comparison
The maximum SPYL.DE drawdown since its inception was -8.25%, smaller than the maximum CSPX.AS drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for SPYL.DE and CSPX.AS. For additional features, visit the drawdowns tool.
Volatility
SPYL.DE vs. CSPX.AS - Volatility Comparison
SPDR S&P 500 UCITS ETF USD Unhedged Acc (SPYL.DE) and iShares Core S&P 500 UCITS ETF (CSPX.AS) have volatilities of 4.26% and 4.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.