S&P 500 vs MSCI ACWI
- SSAC holds the whole world in one ticker (US plus developed and emerging markets).
- CSPX is US only: just the S&P 500's large-cap companies.
- Pick SSAC for a hands-off global core, CSPX for a concentrated US bet you top up yourself.
Shown in USD. Past performance is not a reliable guide to future results.
- Annual fee (TER)
- 0.07%
- 0.20%
- Tracks
- S&P 500
- MSCI ACWI
- Distribution
- Accumulating
- Accumulating
- Domicile
- Ireland · UCITS
- Ireland · UCITS
- Risk
- Medium (3/5)
- Medium (3/5)
- Trades in
- LSE (USD)
- LSE (GBp)
- Provider
- iShares
- iShares
When people talk about 'the US stock market', this is basically what they mean. You own tiny slices of the 500 biggest US companies: Apple, Microsoft, Nvidia, Google, Amazon. Around a quarter of your money goes to the top 10 names alone, so the fund leans heavily into US tech.
See full CSPX details →Same idea as the Vanguard all-world fund: every major listed company on the planet, including both wealthy and emerging countries. This is the iShares version, on the London exchange in pence. Holdings overlap almost entirely with VWCE.
See full SSAC details →Both CSPX and SSACare Irish-domiciled UCITS ETFs, so dividends from their US holdings are taxed at 15% under Ireland's US treaty, rather than the 30% that applies to US-domiciled funds for many non-US investors, and they sit outside US estate tax. Your own local tax still depends on where you live, so check your country's rules; for most investors the main ongoing cost to watch is each fund's annual fee.
Available on Interactive Brokers
Buy CSPX, SSAC and thousands of other UCITS ETFs on Interactive Brokers.
Frequently asked questions
Which is cheaper, CSPX.L or SSAC.L?
CSPX.L is cheaper. CSPX.L charges 0.07% per year and SSAC.L charges 0.20%. Both are inexpensive index funds, but a lower fee compounds in your favour over the long run.
Are CSPX.L and SSAC.L accumulating or distributing?
CSPX.L is accumulating, so dividends are reinvested automatically inside the fund. SSAC.L is accumulating, so dividends are reinvested automatically inside the fund. Accumulating funds suit investors who want hands-off compounding with no cash dividends to reinvest manually.
Are CSPX.L and SSAC.L both UCITS ETFs?
Yes, both are UCITS ETFs (CSPX.L domiciled in Ireland, SSAC.L in Ireland), so both give non-US investors the 15% US dividend withholding rate and sit outside US estate tax, unlike US-domiciled ETFs.