Vanguard U.S. 500 Stock Index Fund EUR Acc vs CSPX: Differences, Fees and Returns
CSPX is cheaper: it charges 0.07% a year against 0.10% for Vanguard U.S. 500 Stock Index Fund EUR Acc. That is €3 less a year per 10,000 invested; over a plan of 10,000 up front plus 200 a month for 30 years, the accumulated cost gap comes to about €2,125.
Both track the same index (S&P 500), so their returns before costs should be almost identical: the choice comes down to cost, where you can buy them and tax.
Key tax difference in Spain: Vanguard U.S. 500 Stock Index Fund EUR Acc is a mutual fund and can be switched without tax, whereas CSPX is an ETF and every sale is taxed.
Head-to-head comparison
| Vanguard U.S. 500 Stock Index Fund EUR Acc | CSPX | |
|---|---|---|
| Name | Vanguard U.S. 500 Stock Index Fund EUR Acc | iShares Core S&P 500 UCITS ETF USD (Acc) |
| Provider | Vanguard | iShares |
| Index | S&P 500 | S&P 500 |
| TER | 0.10% | 0.07% |
| Type | Switchable fund | ETF |
| Domicile | Ireland | Ireland |
| Dividends | Accumulating | Accumulating |
| Launch date | September 26, 2002 | May 19, 2010 |
| Fund size | €17.5B | €136.2B |
| ISIN | IE0032126645 | IE00B5BMR087 |
| Available to EU retail investors | Yes | Yes |
| Tax-free switch (Spain) | Yes | No |
Keep researching
- Full Vanguard U.S. 500 Stock Index Fund EUR Acc profile →
- Full CSPX profile →
- Compare the tax treatment of a switchable fund and an ETF →
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Frequently Asked Questions
CSPX is cheaper: it charges 0.07% a year against 0.10% for Vanguard U.S. 500 Stock Index Fund EUR Acc. That is €3 less a year per 10,000 invested; over a plan of 10,000 up front plus 200 a month for 30 years, the accumulated cost gap comes to about €2,125. Both track the same index (S&P 500), so their returns before costs should be almost identical: the choice comes down to cost, where you can buy them and tax.
Vanguard U.S. 500 Stock Index Fund EUR Acc (Switchable fund) tracks the S&P 500 with a 0.10% TER; CSPX (ETF) tracks the S&P 500 with a 0.07% TER.
Yes. Both are UCITS products sold to retail investors across the EU. ETFs are bought through brokers with access to European exchanges, and mutual funds through banks and fund platforms.