ETF comparison

SPXS vs Amundi Core S&P 500 Swap

Invesco S&P 500 UCITS ETF Acc
IE00B3YCGJ38Invesco
Amundi Core S&P 500 Swap UCITS ETF Acc
LU1135865084Amundi
Figures as of September 30, 2026 (SPXS) · October 20, 2026 (Amundi Core S&P 500 Swap)

The comparison in short

SPXS (Invesco S&P 500 UCITS ETF Acc, IE00B3YCGJ38) and Amundi Core S&P 500 Swap (Amundi Core S&P 500 Swap UCITS ETF Acc, LU1135865084) both track the S&P 500 index. SPXS and Amundi Core S&P 500 Swap have the same total expense ratio (TER), 0.05% a year. SPXS is the larger fund, with USD 58.0bn in assets against USD 19.4bn for Amundi Core S&P 500 Swap, about 3 times the size. SPXS reports 503 holdings and Amundi Core S&P 500 Swap 528. SPXS / Amundi Core S&P 500 Swap replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured. In 2025, SPXS returned +17.8% and Amundi Core S&P 500 Swap +17.7%, a gap of 0.1 percentage points. Over 10 years, SPXS returned +15.4% a year and Amundi Core S&P 500 Swap +15.4% a year. SPXS and Amundi Core S&P 500 Swap both reinvest their income (accumulating share classes). SPXS and Amundi Core S&P 500 Swap both replicate their index through a swap (synthetic replication). SPXS is domiciled in Ireland and Amundi Core S&P 500 Swap in Luxembourg. SPXS and Amundi Core S&P 500 Swap 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

FigureSPXSAmundi Core S&P 500 Swap
ISINIE00B3YCGJ38LU1135865084
Exchange tickersSPXS, P500, SPXP—
Fund houseInvescoAmundi
Total expense ratio (TER)0.05%0.05%
Ongoing charges (KID)0.05%0.05%
Fund sizeUSD 58.0bnUSD 19.4bn
Launch dateMay 20, 2010December 9, 2014
ReplicationSynthetic (swap)Synthetic (swap)
DomicileIrelandLuxembourg
Distribution policyAccumulatingAccumulating
Share class currencyUSDUSD
Number of holdings503528
Risk indicator (SRRI)4 / 74 / 7
SFDR classificationArticle 6Article 6
BenchmarkS&P 500 IndexS&P 500 Net Total Return Index

Performance

Calendar-year returns

YearSPXSAmundi Core S&P 500 SwapDifference
2025+17.8%+17.7%+0.1
2024+24.9%+24.9%0.0
2023+26.2%+26.2%0.0
2022−18.2%−18.2%0.0
2021+28.6%+28.6%0.0
2020+18.3%+18.3%0.0

Annualised returns

PeriodSPXSAmundi Core S&P 500 SwapDifference
1 year+15.6%+15.7%−0.1
3 years+23.4%+23.7%−0.3
5 years+12.5%+12.7%−0.2
10 years+15.4%+15.4%0.0
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

SPXS / Amundi Core S&P 500 Swap replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured.

Top 10 holdings of SPXS

SPXS 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
AMAZON.COM INC
8.17%
2
NVIDIA CORP
8.16%
3
APPLE INC
6.94%
4
MICROSOFT CORP
6.62%
5
INTEL CORP
4.53%
6
META PLATFORMS INC-CLASS A
3.95%
7
BROADCOM INC
3.73%
8
BERKSHIRE HATHAWAY INC-CL B
3.52%
9
ADVANCED MICRO DEVICES
2.82%
10
ALPHABET INC-CL C
2.24%

Top 10 holdings of Amundi Core S&P 500 Swap

Amundi Core S&P 500 Swap 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
APPLE INC
6.86%
2
MICROSOFT CORP
6.42%
3
AMAZON.COM INC
6.38%
4
NVIDIA CORP
5.75%
5
ALPHABET INC CL A
4.53%
6
ALPHABET INC CL C
3.07%
7
META PLATFORMS INC-CLASS A
2.85%
8
MICRON TECHNOLOGY INC
2.70%
9
TESLA INC
2.56%
10
BROADCOM INC
2.52%
Compare the largest holdings of SPXS and Amundi Core S&P 500 Swap in the overlap checker

Sectors and countries

Largest sectors of SPXS

  1. Information technology37.9%
  2. Financials12.3%
  3. Communication services9.3%
  4. Health care9.3%
  5. Consumer discretionary9.2%
  6. Industrials8.3%
+ 4 more

Largest sectors of Amundi Core S&P 500 Swap

  1. Information Technology37.9%
  2. Financials11.8%
  3. Health Care9.8%
  4. Communication Services9.6%
  5. Consumer Discretionary9.0%
  6. Industrials8.0%
+ 4 more

Largest countries of SPXS

  1. United States99.8%
  2. Switzerland0.1%
  3. Netherlands0.1%

Largest countries of Amundi Core S&P 500 Swap

  1. United States100.0%

Frequently asked questions

What is the difference between SPXS and Amundi Core S&P 500 Swap?

SPXS (Invesco S&P 500 UCITS ETF Acc, IE00B3YCGJ38) and Amundi Core S&P 500 Swap (Amundi Core S&P 500 Swap UCITS ETF Acc, LU1135865084) both track the S&P 500 index. SPXS and Amundi Core S&P 500 Swap have the same total expense ratio (TER), 0.05% a year. SPXS and Amundi Core S&P 500 Swap both reinvest their income (accumulating share classes). SPXS and Amundi Core S&P 500 Swap both replicate their index through a swap (synthetic replication). SPXS is domiciled in Ireland and Amundi Core S&P 500 Swap in Luxembourg. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, SPXS or Amundi Core S&P 500 Swap?

SPXS and Amundi Core S&P 500 Swap have the same total expense ratio (TER), 0.05% a year. Their key information documents state ongoing charges of 0.05% for SPXS and 0.05% for Amundi Core S&P 500 Swap.

Which is bigger, SPXS or Amundi Core S&P 500 Swap?

SPXS is the larger fund, with USD 58.0bn in assets against USD 19.4bn for Amundi Core S&P 500 Swap, about 3 times the size.

Do SPXS and Amundi Core S&P 500 Swap hold the same companies?

SPXS / Amundi Core S&P 500 Swap replicates its index through a swap and publishes the collateral basket behind it, so the holdings overlap is not measured.

How did SPXS and Amundi Core S&P 500 Swap perform in 2025?

In 2025, SPXS returned +17.8% and Amundi Core S&P 500 Swap +17.7%, a gap of 0.1 percentage points. Over 10 years, SPXS returned +15.4% a year and Amundi Core S&P 500 Swap +15.4% a year. Over the past year, SPXS returned +15.6% and Amundi Core S&P 500 Swap +15.7%. Past performance does not predict future returns.

Are SPXS and Amundi Core S&P 500 Swap accumulating or distributing?

SPXS is accumulating: it reinvests its income in the fund. Amundi Core S&P 500 Swap 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.