The iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX) is an Ireland-domiciled equity ETF managed by BlackRock and traded under the CSPX ticker on the London Stock Exchange.

The fund seeks to track the performance of the S&P 500, an index composed of 500 leading large-cap companies in the U.S. equity market.

CSPX provides exposure to U.S. equities through large-cap companies. The ETF follows a passive investment strategy and uses physical replication to track its benchmark. It is structured as a UCITS ETF and follows an accumulating income policy.

The S&P 500 is widely used as a benchmark for large-cap U.S. equities and represents approximately 80% of available U.S. market capitalization. The index is weighted by float-adjusted market capitalization, meaning larger companies account for greater portions of the benchmark.

Composition / Exposure Profile

CSPX holds companies across a broad range of sectors in the U.S. economy, including:

• Information technology.

• Financials.

• Communication services.

• Consumer discretionary.

• Health care.

• Industrials.

• Consumer staples.

• Energy.

• Utilities.

• Real estate.

• Materials.

By tracking the S&P 500, the fund focuses its exposure on large U.S. companies. Its market-cap-weighted methodology gives larger companies a greater influence on portfolio performance, with significant exposure to major companies across technology, communication services, consumer, and financial sectors.

While the companies included in the index are U.S.-based, many operate and generate revenue internationally, providing indirect exposure to markets around the world.

Structure and Costs

CSPX trades on the secondary market on the London Stock Exchange, where investors can buy and sell shares through financial intermediaries. Both the fund's base currency and the share class currency are the U.S. dollar.

The ETF has a total expense ratio (TER) of 0.07% per year and uses a physical replication methodology. CSPX is domiciled in Ireland, operates under the UCITS framework, and is managed by BlackRock Asset Management Ireland Limited.

CSPX is an accumulating share class, meaning dividends and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The iShares Core S&P 500 UCITS ETF USD (Acc) was launched in 2010 by BlackRock as a UCITS ETF designed to track the performance of leading large-cap U.S. companies.

Since its launch, CSPX has maintained its strategy of tracking the S&P 500 through physical replication, providing exposure to the companies represented in one of the primary benchmarks for the U.S. equity market.

Throughout its history, the fund's performance has reflected different cycles in the U.S. economy and equity market, as well as changes in the relative weight of individual companies and sectors within the S&P 500.

Additional Information

iShares Core S&P 500 UCITS ETF USD (Acc) EUR (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $155.64 billion.

Over the past 12 months, iShares Core S&P 500 UCITS ETF USD (Acc) EUR recorded a return of 20.04%, with its price trading between $680.74 and $838.69 during the same period.

The ETF is traded under the ticker CSPX.