CSSPX vs VWCE: returns, risk and drawdowns compared
iShares Core S&P 500 UCITS ETF (Acc) against Vanguard FTSE All-World UCITS ETF (Acc), over the same 7 years (August 2019 to October 2026) with dividends reinvested.
Data updated October 2026
From August 2019 to October 2026, CSSPX returned 15.1% a year and VWCE 12.8% a year on average, so CSSPX came out ahead by 2.4% a year. CSSPX was the more volatile of the two (14.9% against 13.1% a year), and the deepest falls from a month-end high were 17.7% for CSSPX and 19.1% for VWCE.
The correlation of monthly returns was 0.94: they moved almost in lockstep. Over 52 rolling 3-year periods, CSSPX did better in 100% and VWCE in 0%.
Side by side
| CSSPX | VWCE | |
|---|---|---|
| Annual return (CAGR) | +15.1% | +12.8% |
| Total return | +178% | +139% |
| Annual volatility | 14.9% | 13.1% |
| Maximum drawdown (month-end) | −17.7% | −19.1% |
| Worst month | −9.4% | −11.3% |
| Best month | +11.3% | +9.4% |
| Positive months | 60% | 63% |
| Best year | 2021: +40.9% | 2021: +28.6% |
| Worst year | 2022: −14.6% | 2022: −13.5% |
| 1-year return | +22.6% | +22.0% |
| 5 years, a year | +13.5% | +11.5% |
| 10 years, a year | +14.9% | — |
| Trading currency | EUR | EUR |
First nine rows: the same 87 months for both funds. Trailing returns: to each fund’s last close.
Growth of 10,000: CSSPX vs VWCE
Returns by calendar year
| Year | CSSPX | VWCE |
|---|---|---|
| 2025 | +4.3% | +9.2% |
| 2024 | +33.8% | +24.4% |
| 2023 | +22.0% | +18.2% |
| 2022 | −14.6% | −13.5% |
| 2021 | +40.9% | +28.6% |
| 2020 | +7.6% | +5.4% |
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
The comparison uses only the months in which both funds have prices, so the figures cover the same period even when one fund is older.
Questions
Which has returned more, CSSPX or VWCE?
From August 2019 to October 2026, CSSPX returned +15.1% a year and VWCE +12.8% a year, with dividends reinvested. Over rolling 3-year periods CSSPX did better in 100% of cases. Past returns do not predict future returns.
Which is riskier, CSSPX or VWCE?
Over the same months annual volatility was 14.9% for CSSPX and 13.1% for VWCE; the deepest fall from a month-end high was 17.7% and 19.1%, and the worst single month −9.4% and −11.3%.
How correlated are CSSPX and VWCE?
The correlation of their monthly returns was 0.94: they moved almost in lockstep. Holding both adds little diversification compared with holding one.
More comparisons
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.