ETF comparison

L8IP vs CSPX

Amundi PEA S&P 500 UCITS ETF Acc
FR0011871128Amundi
iShares Core S&P 500 UCITS ETF
IE00B5BMR087iShares
Figures as of September 30, 2026 (L8IP) · October 1, 2026 (CSPX)

The comparison in short

L8IP (Amundi PEA S&P 500 UCITS ETF Acc, FR0011871128) and CSPX (iShares Core S&P 500 UCITS ETF, IE00B5BMR087) both track the S&P 500 index. CSPX has the lower total expense ratio (TER): 0.07% a year against 0.12% for L8IP, 0.05 percentage points less, or about 5 a year on 10,000 invested. CSPX is the larger fund, with USD 159.1bn in assets against EUR 1.5bn for L8IP. L8IP reports 62 holdings and CSPX 505. L8IP replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured. In 2025, L8IP returned +3.4% and CSPX +17.6%, a gap of 14.2 percentage points. Over 10 years, L8IP returned +14.9% a year and CSPX +15.0% a year. Returns are in each share class's currency (EUR and USD), so part of the gap reflects exchange rates. L8IP and CSPX both reinvest their income (accumulating share classes). CSPX holds the index securities directly (physical replication), while L8IP replicates its index through a swap (synthetic). L8IP is domiciled in France and CSPX in Ireland. L8IP and CSPX both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureL8IPCSPX
ISINFR0011871128IE00B5BMR087
Exchange tickersL8IP, PSP5CSPX, SXR8, CSSPX
Fund houseAmundiiShares
Total expense ratio (TER)0.12%0.07%
Ongoing charges (KID)0.12%0.07%
Fund sizeEUR 1.5bnUSD 159.1bn
Launch dateMay 20, 2014May 19, 2010
ReplicationSynthetic (swap)Physical
DomicileFranceIreland
Distribution policyAccumulatingAccumulating
Share class currencyEURUSD
Number of holdings62505
Risk indicator (SRRI)4 / 74 / 7
SFDR classification—Article 6
BenchmarkS&P 500 Net Total Return IndexS&P 500 Index

Performance

Calendar-year returns

YearL8IPCSPXDifference
2025+3.4%+17.6%−14.2
2024+32.8%+24.7%+8.1
2023+21.7%+25.9%−4.2
2022−13.0%−18.3%+5.3
2021+38.2%+28.4%+9.8
2020+8.6%+18.0%−9.4

Annualised returns

PeriodL8IPCSPXDifference
1 year+19.2%+15.3%+3.9
3 years+19.6%+22.7%−3.1
5 years+13.8%+13.3%+0.5
10 years+14.9%+15.0%−0.1
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

L8IP replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured.

Top 10 holdings of L8IP

L8IP replicates its index through a swap: the securities it publishes are the collateral basket behind the swap, not the index, so they are not compared.
#HoldingWeight
1
RWE AG
8.91%
2
SIEMENS ENERGY AG
8.33%
3
ASML HOLDING NV
6.30%
4
INFINEON TECHNOLOGIES AG
4.59%
5
EURONEXT NV PARIS
4.49%
6
BAYER AG-REG
4.17%
7
ING GROEP NV
3.98%
8
DEUTSCHE TELEKOM NAMEN (XETRA)
3.88%
9
TE CONNECTIVITY PLC
3.79%
10
ACCENTURE PLC -A
3.55%

Top 10 holdings of CSPX

#HoldingWeight
1
NVIDIA
8.44%
2
APPLE
7.28%
3
MICROSOFT
5.75%
4
AMAZON.COM INC
3.68%
5
ALPHABET CLASS A
3.00%
6
BROADCOM INC
2.47%
7
META PLATFORMS CLASS A
2.42%
8
ALPHABET CLASS C
2.41%
9
MICRON TECHNOLOGY
1.87%
10
ADVANCED MICRO DEVICES
1.52%
Compare every published holding of L8IP and CSPX in the overlap checker

Sectors and countries

Largest sectors of L8IP

  1. Information Technology39.7%
  2. Financials11.4%
  3. Communication Services10.0%
  4. Health Care9.3%
  5. Consumer Discretionary8.6%
  6. Industrials8.1%
+ 4 more

Largest sectors of CSPX

  1. Information Technology40.0%
  2. Financials11.3%
  3. Communication9.8%
  4. Health Care9.0%
  5. Consumer Discretionary8.6%
  6. Industrials8.1%
+ 4 more

Largest countries of L8IP

  1. United States100.0%

Largest countries of CSPX

  1. United States99.9%

Frequently asked questions

What is the difference between L8IP and CSPX?

L8IP (Amundi PEA S&P 500 UCITS ETF Acc, FR0011871128) and CSPX (iShares Core S&P 500 UCITS ETF, IE00B5BMR087) both track the S&P 500 index. CSPX has the lower total expense ratio (TER): 0.07% a year against 0.12% for L8IP, 0.05 percentage points less, or about 5 a year on 10,000 invested. L8IP and CSPX both reinvest their income (accumulating share classes). CSPX holds the index securities directly (physical replication), while L8IP replicates its index through a swap (synthetic). L8IP is domiciled in France and CSPX in Ireland. The share class of L8IP is in EUR, that of CSPX in USD. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, L8IP or CSPX?

CSPX has the lower total expense ratio (TER): 0.07% a year against 0.12% for L8IP, 0.05 percentage points less, or about 5 a year on 10,000 invested. Their key information documents state ongoing charges of 0.12% for L8IP and 0.07% for CSPX.

Which is bigger, L8IP or CSPX?

CSPX is the larger fund, with USD 159.1bn in assets against EUR 1.5bn for L8IP.

Do L8IP and CSPX hold the same companies?

L8IP replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured.

How did L8IP and CSPX perform in 2025?

In 2025, L8IP returned +3.4% and CSPX +17.6%, a gap of 14.2 percentage points. Over 10 years, L8IP returned +14.9% a year and CSPX +15.0% a year. Over the past year, L8IP returned +19.2% and CSPX +15.3%. Returns are in each share class's currency (EUR and USD), so part of the gap reflects exchange rates. Past performance does not predict future returns.

Are L8IP and CSPX accumulating or distributing?

L8IP is accumulating: it reinvests its income in the fund. CSPX is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.