SXR8 (CSPX) vs AVWC: which ETF won each year?

Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

SXR8 tracks the S&P 500 Index

What did the last 1 years do to €10,000?

You invest €10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted. Both funds are measured over the same 1 full years (2025–2025) — the longest stretch both were trading.

SXR8 turned it into
€10,473
+4.73% per year on average · 2025–2025
AVWC turned it into
€10,908
+9.08% per year on average · 2025–2025
Difference
−€435
AVWC made more of the same money

SXR8 vs AVWC, year by year

Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.

Years compared
3
where both funds were trading
SXR8 won
1
years
AVWC won
2
years
YearSXR8AVWCWinner
2026 (so far)+16.46%+18.31%AVWC
2025+4.73%+9.08%AVWC
2024+32.32%+2.94%SXR8
2023+22.47%——
2022-14.31%——
2021+40.74%——
2020+6.80%——
2019+34.49%——
2018-1.05%——
2017+6.67%——
2016+14.83%——
2015+12.52%——
2014+30.38%——
2013+27.45%——
2012+11.05%——
2011+4.85%——
2010-12.49%——

SXR8 vs AVWC in plain words

SXR8 tracks the S&P 500 Index while AVWC follows the Avantis Global Equity strategy, so they own different slices of the market and their years can look very different. SXR8 charges 0.07% a year in running costs and AVWC charges 0.22% — SXR8 is the cheaper fund to hold.

Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 3 calendar years both funds were trading, SXR8 finished the year ahead 1 times and AVWC 2 times. €10,000 invested at the start of 2025 was worth €10,473 in SXR8 versus €10,908 in AVWC by the end of 2025, dividends reinvested.

CSPX is the London (USD) listing of the same fund, ISIN IE00B5BMR087 — SXR8 is its EUR line on Xetra.

Actively managed: it tilts a broad developed-market portfolio towards cheaper, more profitable and smaller companies rather than following an index, and measures itself against the MSCI World IMI.

Fund facts: SXR8 vs AVWC

FactSXR8AVWC
FundiShares Core S&P 500 UCITS ETF USD (Acc)Avantis Global Equity UCITS ETF USD Acc
TracksS&P 500 IndexAvantis Global Equity strategy
Yearly cost (TER)0.07%0.22%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched19 May 201025 Sept 2024
ISINIE00B5BMR087IE000RJECXS5
WKNA0YEDGA40GB8
Also trades asCSPX—
€10,000 investedWhat €10,000 in SXR8 becameWhat €10,000 in AVWC became

How bumpy the ride was: SXR8 vs AVWC

These head-to-head figures use only the 499 trading days both funds were listed: 14 Oct 2024 to 7 Oct 2026, roughly 2.0 years.

SXR8 swung more than AVWC: annualised volatility of 15.5% for SXR8 against 14.3% for AVWC, with SXR8 moving 1% or more on 20.5% of trading days and AVWC on 16.3%. Both had their worst day on 3 Apr 2025: SXR8 closed -5.48% and AVWC -5.26%.

SXR8 had the deeper drawdown: it fell -23.32% from its peak on 19 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 27 Oct 2025, 6 months after the low; AVWC fell -21.65% from its peak on 18 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 6 Oct 2025, 5 months after the low.

Day to day the two usually move together: the correlation of their daily returns is 0.95, and they closed in opposite directions on 13.3% of the 498 days measured. The widest single-day gap came on 3 Mar 2026, when SXR8 moved -0.34% and AVWC -1.53%.

MeasureSXR8AVWC
Annualised volatility15.5%14.3%
Worst day-5.48% on 3 Apr 2025-5.26% on 3 Apr 2025
Best day+4.12% on 6 Nov 2024+3.79% on 10 Apr 2025
Days moving 1% or more20.5% of days16.3% of days
Deepest drawdown-23.32%-21.65%
Peak to trough19 Feb 2025 → 9 Apr 202518 Feb 2025 → 9 Apr 2025
Back above the old peak27 Oct 2025 · 6 months6 Oct 2025 · 5 months

Years SXR8 and AVWC parted ways

In 1 of the 2 completed calendar years both funds were trading, the two returns ended more than 5 points apart. The widest split was 2024: SXR8 returned +32.32% and AVWC +2.94%, a gap of 29.4 points. They rose together in 2 years.

YearSXR8AVWCGap (SXR8 − AVWC)
2024+32.32%+2.94%+29.4 pts

How often SXR8 beat AVWC over any 12 months

Across the 12 rolling 12-month windows since October 2024, measured month-end to month-end, SXR8 finished ahead in 8.3% of them (1) and AVWC in 91.7% (11).

12-month windows
12
month-end to month-end, overlapping
SXR8 ahead
8.3%
1 of 12 windows
AVWC ahead
91.7%
11 of 12 windows

€200 a month into each, 2025–2025

Putting €200 into each fund at the start of every month from January 2025 to December 2025 (12 payments, €2,400 in total) would have grown to €2,575 in SXR8 and €2,608 in AVWC, leaving AVWC €32 ahead.

OutcomeSXR8AVWC
Paid in€2,400€2,400
Value at the end of 2025€2,575€2,608
Gain on the money paid in+€175+€208
Gain in %+7.31%+8.66%

Each payment rides the return of the month it lands in, dividends reinvested. Only calendar years with all twelve months of data for both funds count, so the plan may start later than the shared history.

Frequently asked

Is SXR8 or AVWC better?

Across the 3 calendar years both funds were trading, SXR8 finished the year ahead 1 times and AVWC 2 times. €10,000 invested at the start of 2025 was worth €10,473 in SXR8 versus €10,908 in AVWC by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.

What is the difference between SXR8 and AVWC?

SXR8 tracks the S&P 500 Index while AVWC follows the Avantis Global Equity strategy, so they own different slices of the market and their years can look very different. SXR8 charges 0.07% a year in running costs and AVWC charges 0.22% — SXR8 is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.

Which is more volatile, SXR8 or AVWC?

SXR8 swung more than AVWC: annualised volatility of 15.5% for SXR8 against 14.3% for AVWC, with SXR8 moving 1% or more on 20.5% of trading days and AVWC on 16.3%. Both had their worst day on 3 Apr 2025: SXR8 closed -5.48% and AVWC -5.26%.

Which had the deeper drawdown, SXR8 or AVWC?

SXR8 had the deeper drawdown: it fell -23.32% from its peak on 19 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 27 Oct 2025, 6 months after the low; AVWC fell -21.65% from its peak on 18 Feb 2025 to a low on 9 Apr 2025, then closed back above the old peak on 6 Oct 2025, 5 months after the low.

How often did SXR8 beat AVWC over a 12-month period?

Across the 12 rolling 12-month windows since October 2024, measured month-end to month-end, SXR8 finished ahead in 8.3% of them (1) and AVWC in 91.7% (11).

What would €10,000 in SXR8 have become?

€10,000 invested in SXR8 at the start of 2025 grew to €10,473 by the end of 2025, with dividends reinvested — an average of 4.7% per year.

Is CSPX the same as SXR8?

CSPX is the London (USD) listing of the same fund, ISIN IE00B5BMR087 — SXR8 is its EUR line on Xetra.

Related comparisons

More head-to-heads featuring SXR8 or AVWC.

Source: Yahoo Finance daily adjusted closes for the EUR trading lines on Xetra, dividends reinvested. Prices through · refreshed 7 Oct 2026, 08:49 UTC. How every number is calculated.