OriginaveSXR8 (CSPX) vs VUAA: 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
- SXR8iShares Core S&P 500 UCITS ETF USD (Acc)tracks the S&P 500 Index
VUAAVanguard S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index
SPYLSPDR S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index- SPYYSPDR MSCI ACWI UCITS ETF (Acc)tracks the MSCI ACWI Index
- SPYISPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)tracks the MSCI ACWI IMI Index
- VWCEVanguard FTSE All-World UCITS ETF (Acc)tracks the FTSE All-World Index
WEBNAmundi Prime All Country World UCITS ETF (Acc)tracks the Solactive GBS Global Markets Large & Mid Cap Index- EUNLiShares Core MSCI World UCITS ETF (Acc)tracks the MSCI World Index
- IUSQiShares MSCI ACWI UCITS ETF USD (Acc)tracks the MSCI ACWI Index
- VGVFVanguard FTSE Developed World UCITS ETF (Acc)tracks the FTSE Developed World Index
- SXRViShares Nasdaq 100 UCITS ETF (Acc)tracks the Nasdaq-100 Index
- AvantisAVWCAvantis Global Equity UCITS ETF USD Acctracks the Avantis Global Equity strategy
- DimensionalDEGCDimensional Global Core Equity UCITS ETF USD (Acc)tracks the Dimensional Global Core Equity strategy
- VGWDVanguard FTSE All-World High Dividend Yield UCITS ETF (Dist)tracks the FTSE All-World High Dividend Yield Index
- IS3SiShares Edge MSCI World Value Factor UCITS ETFtracks the MSCI World Enhanced Value Index
- IS3RiShares Edge MSCI World Momentum Factor UCITS ETFtracks the MSCI World Momentum Index
- IS3QiShares Edge MSCI World Quality Factor UCITS ETFtracks the MSCI World Sector Neutral Quality Index
VUAA
- SXR8iShares Core S&P 500 UCITS ETF USD (Acc)tracks the S&P 500 Index
- VUAAVanguard S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index
- SPYLSPDR S&P 500 UCITS ETF (Acc)tracks the S&P 500 Index
- SPYYSPDR MSCI ACWI UCITS ETF (Acc)tracks the MSCI ACWI Index
- SPYISPDR MSCI All Country World Investable Market UCITS ETF USD Unhedged (Acc)tracks the MSCI ACWI IMI Index
- VWCEVanguard FTSE All-World UCITS ETF (Acc)tracks the FTSE All-World Index
- WEBNAmundi Prime All Country World UCITS ETF (Acc)tracks the Solactive GBS Global Markets Large & Mid Cap Index
- EUNLiShares Core MSCI World UCITS ETF (Acc)tracks the MSCI World Index
- IUSQiShares MSCI ACWI UCITS ETF USD (Acc)tracks the MSCI ACWI Index
- VGVFVanguard FTSE Developed World UCITS ETF (Acc)tracks the FTSE Developed World Index
- SXRViShares Nasdaq 100 UCITS ETF (Acc)tracks the Nasdaq-100 Index
- AvantisAVWCAvantis Global Equity UCITS ETF USD Acctracks the Avantis Global Equity strategy
- DimensionalDEGCDimensional Global Core Equity UCITS ETF USD (Acc)tracks the Dimensional Global Core Equity strategy
- VGWDVanguard FTSE All-World High Dividend Yield UCITS ETF (Dist)tracks the FTSE All-World High Dividend Yield Index
- IS3SiShares Edge MSCI World Value Factor UCITS ETFtracks the MSCI World Enhanced Value Index
- IS3RiShares Edge MSCI World Momentum Factor UCITS ETFtracks the MSCI World Momentum Index
- IS3QiShares Edge MSCI World Quality Factor UCITS ETFtracks the MSCI World Sector Neutral Quality Index
SXR8 tracks the S&P 500 IndexVUAA tracks the S&P 500 Index
What did the last 5 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 5 full years (2021–2025) — the longest stretch both were trading.
SXR8 vs VUAA, 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.
| Year | SXR8 | VUAA | Winner |
|---|---|---|---|
| 2026 (so far) | +16.46% | +16.46% | Tie |
| 2025 | +4.73% | +4.28% | SXR8 |
| 2024 | +32.32% | +33.65% | VUAA |
| 2023 | +22.47% | +22.10% | SXR8 |
| 2022 | -14.31% | -14.58% | SXR8 |
| 2021 | +40.74% | +42.09% | VUAA |
| 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 VUAA in plain words
SXR8 and VUAA both track the S&P 500 Index, so their returns are nearly identical — the real differences are costs and fund structure. Both funds charge 0.07% a year in running costs.
Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 6 calendar years both funds were trading, SXR8 finished the year ahead 3 times and VUAA 2 times. €10,000 invested at the start of 2021 was worth €20,470 in SXR8 versus €20,655 in VUAA 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.
VUAA also trades in USD on the London Stock Exchange, where VUAG is its GBP line, ISIN IE00BFMXXD54 — VUSA is its distributing sibling. This page follows the EUR line.
Fund facts: SXR8 vs VUAA
| Fact | SXR8 | VUAA |
|---|---|---|
| Fund | iShares Core S&P 500 UCITS ETF USD (Acc) | Vanguard S&P 500 UCITS ETF (Acc) |
| Tracks | S&P 500 Index | S&P 500 Index |
| Yearly cost (TER) | 0.07% | 0.07% |
| Dividends | Accumulating — dividends reinvested | Accumulating — dividends reinvested |
| Launched | 19 May 2010 | 14 May 2019 |
| ISIN | IE00B5BMR087 | IE00BFMXXD54 |
| WKN | A0YEDG | A2PFN2 |
| Also trades as | CSPX | — |
| €10,000 invested | What €10,000 in SXR8 became | What €10,000 in VUAA became |
How bumpy the ride was: SXR8 vs VUAA
These head-to-head figures use only the 1,463 trading days both funds were listed: 4 Jan 2021 to 7 Oct 2026, roughly 5.8 years.
SXR8 and VUAA swung about equally: annualised volatility of 14.9% for SXR8 against 14.9% for VUAA, with SXR8 moving 1% or more on 22.0% of trading days and VUAA on 21.2%. Both had their worst day on 3 Apr 2025: SXR8 closed -5.48% and VUAA -5.45%.
Both funds suffered a drawdown of about the same depth: SXR8 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; VUAA fell -23.28% 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.
Day to day the two move almost in lockstep: the correlation of their daily returns is 0.98, and they closed in opposite directions on 2.4% of the 1,462 days measured. The widest single-day gap came on 21 Sept 2022, when SXR8 moved +1.50% and VUAA -3.37%.
| Measure | SXR8 | VUAA |
|---|---|---|
| Annualised volatility | 14.9% | 14.9% |
| Worst day | -5.48% on 3 Apr 2025 | -5.45% on 3 Apr 2025 |
| Best day | +4.12% on 6 Nov 2024 | +4.22% on 8 Mar 2021 |
| Days moving 1% or more | 22.0% of days | 21.2% of days |
| Deepest drawdown | -23.32% | -23.28% |
| Peak to trough | 19 Feb 2025 → 9 Apr 2025 | 19 Feb 2025 → 9 Apr 2025 |
| Back above the old peak | 27 Oct 2025 · 6 months | 27 Oct 2025 · 6 months |
Years SXR8 and VUAA parted ways
In none of the 5 completed calendar years both funds were trading did the two returns end more than 5 points apart. The widest split was 2021: SXR8 returned +40.74% and VUAA +42.09%, a gap of 1.4 points. They rose together in 4 years and fell together in 1 year.
How often SXR8 beat VUAA over any 12 months
Across the 57 rolling 12-month windows since January 2021, measured month-end to month-end, SXR8 finished ahead in 50.9% of them (29) and VUAA in 49.1% (28).
€200 a month into each, 2022–2025
Putting €200 into each fund at the start of every month from January 2022 to December 2025 (48 payments, €9,600 in total) would have grown to €12,937 in SXR8 and €12,941 in VUAA, leaving VUAA €4 ahead.
| Outcome | SXR8 | VUAA |
|---|---|---|
| Paid in | €9,600 | €9,600 |
| Value at the end of 2025 | €12,937 | €12,941 |
| Gain on the money paid in | +€3,337 | +€3,341 |
| Gain in % | +34.76% | +34.80% |
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 VUAA better?
Across the 6 calendar years both funds were trading, SXR8 finished the year ahead 3 times and VUAA 2 times. €10,000 invested at the start of 2021 was worth €20,470 in SXR8 versus €20,655 in VUAA 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 VUAA?
SXR8 and VUAA both track the S&P 500 Index, so their returns are nearly identical — the real differences are costs and fund structure. Both funds charge 0.07% a year in running costs. 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 VUAA?
SXR8 and VUAA swung about equally: annualised volatility of 14.9% for SXR8 against 14.9% for VUAA, with SXR8 moving 1% or more on 22.0% of trading days and VUAA on 21.2%. Both had their worst day on 3 Apr 2025: SXR8 closed -5.48% and VUAA -5.45%.
Which had the deeper drawdown, SXR8 or VUAA?
Both funds suffered a drawdown of about the same depth: SXR8 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; VUAA fell -23.28% 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.
How often did SXR8 beat VUAA over a 12-month period?
Across the 57 rolling 12-month windows since January 2021, measured month-end to month-end, SXR8 finished ahead in 50.9% of them (29) and VUAA in 49.1% (28).
What would €10,000 in SXR8 have become?
€10,000 invested in SXR8 at the start of 2021 grew to €20,470 by the end of 2025, with dividends reinvested — an average of 15.4% 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 VUAA.
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.