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Best ETFs · S&P 500

Best S&P 500 UCITS ETFs

Compare every S&P 500 UCITS ETF available in Europe, understand the key differences, and choose the one that best fits your investment strategy.

S&P 500 UCITS ETFs covered
70
Providers
9
Overview
Executive summary

Straight answers first

  • S&P 500Same underlying index
  • UCITSEuropean fund framework
  • US large capNo non-US exposure
  • Index trackingNo stock selection
  • Provider dataSourced from Grovcap records
Funds covered
70

9 providers

Lowest TER
0.03%

Provider-reported ongoing charge

Largest fund
150.5bn USD

Provider-reported assets

Accumulating / distributing
49 / 21

Share classes by dividend policy

Physical / synthetic
36 / 19

Replication method

Longest track record
2002

Earliest inception year in the set

Compare all funds

Every S&P 500 UCITS ETF

Sortable, ISIN-level records for every published, active S&P 500 UCITS share class. Sector, equal-weight, screened and leveraged variants are excluded because they do not deliver plain S&P 500 exposure. Blank provider values are shown as unavailable rather than estimated.

All S&P 500 UCITS ETFs in the Grovcap database with cost, size and structure data
BenchmarkDividendsReplicationDomicileCurrency
iShares Core S&P 500 UCITS ETFCSPX · IE00B5BMR087iSharesS&P 500 Index0.07%AccumulatingPhysicalIreland150.5bn USD2010USD
Invesco S&P 500 UCITS ETF Acc | Invesco UKIE00B3YCGJ38InvescoS&P 500® Total Return (Net) Index0.05%AccumulatingSyntheticIreland57.0bn USD2010USD
State Street® SPDR® S&P® 500 UCITS ETF (Acc)SPYL · IE000XZSV718SPDRS&P 500® Index0.03%AccumulatingPhysicalIreland41.9bn USD2023USD
State Street® SPDR® S&P® 500 UCITS ETF (Dist)SPY5 · IE00B6YX5C33SPDRS&P 500® Index0.03%DistributingPhysicalIreland41.9bn USD2012USD
State Street® SPDR® S&P® 500 MXN Hdg UCITS ETF (Acc)HedgedSPPMX · IE0008L7O3Q6SPDRS&P 500 MXN Dynamic Hedged Index0.05%AccumulatingPhysicalIreland41.9bn USD2025MXN
State Street® SPDR® S&P® 500 GBP Hdg UCITS ETF (Dist)HedgedSPPGX · IE00BYYW2S15SPDRS&P 500 GBP Dynamic Hedged Index0.05%DistributingPhysicalIreland41.9bn USD2025GBP
State Street® SPDR® S&P® 500 EUR Hdg UCITS ETF (Acc)HedgedSPPE · IE00BYYW2V44SPDRS&P 500 EUR Dynamic Hedged Index0.05%AccumulatingPhysicalIreland41.9bn USD2018EUR
Amundi Core SP 500 Swap UCITS ETF USD DIST6TVM GY · LU0496786657AmundiS&P 5000.05%DistributingNot currently availableLuxembourg31.0bn USDNot currently availableUSD
Amundi Core SP 500 Swap UCITS ETF ACCSP5C FP · LU1135865084AmundiS&P 5000.05%AccumulatingNot currently availableLuxembourg31.0bn USDNot currently availableUSD
Amundi Core SP 500 Swap UCITS ETF EUR DISTSP5 FP · LU0496786574AmundiS&P 5000.05%DistributingNot currently availableLuxembourg27.1bn EURNot currently availableEUR
Amundi Core SP 500 Swap UCITS ETF EUR Hedged DISTHedgedSP5H FP · LU0959211243AmundiS&P 500 EUR DAILY HEDGED0.07%DistributingNot currently availableLuxembourg27.1bn EURNot currently availableEUR
iShares Core S&P 500 UCITS ETF USD (Dist)IUSA · IE0031442068iSharesS&P 500 Index0.07%DistributingPhysicalIreland22.2bn USD2002USD
iShares Core S&P 500 UCITS ETFHedgedCSPXX · IE00BL3J3G74iSharesS&P 500 Index0.12%AccumulatingPhysicalIreland16.4bn MXN2019MXN
iShares S&P 500 Swap UCITS ETFI500 · IE00BMTX1Y45iSharesS&P 500 Index0.05%AccumulatingSyntheticIreland14.2bn USD2020USD
iShares S&P 500 EUR Hedged UCITS ETF (Acc)HedgedIUSE · IE00B3ZW0K18iSharesS&P 500 Index, 100% EURHedged Net Return0.20%AccumulatingPhysicalIreland8.8bn EUR2010EUR
Xtrackers S&P 500 Swap UCITS ETF IC GBP UnlistedLU3184977612XtrackersS&P 500 INDEX0.05%AccumulatingSyntheticLuxembourg8.2bn EUR2010GBP
Xtrackers S&P 500 Swap UCITS ETF IC USD UnlistedLU3198621024XtrackersS&P 500 INDEX0.05%AccumulatingSyntheticLuxembourg8.2bn EUR2010USD
Xtrackers S&P 500 Swap UCITS ETF IC EUR UnlistedLU3353962783XtrackersS&P 500 INDEX0.05%AccumulatingSyntheticLuxembourg8.2bn EUR2010EUR
Xtrackers S&P 500 Swap UCITS ETF 1DLU2009147757XtrackersS&P 500 INDEX0.07%DistributingSyntheticLuxembourg8.2bn EUR2010USD
Xtrackers S&P 500 Swap UCITS ETF 1CLU0490618542XtrackersS&P 500 INDEX0.15%AccumulatingSyntheticLuxembourg8.2bn EUR2010USD
Xtrackers S&P 500 Swap UCITS ETF 5C EUR HedgedHedgedLU2196472984XtrackersS&P 500 INDEX0.20%AccumulatingSyntheticLuxembourg8.2bn EUR2010EUR
Xtrackers S&P 500 Swap UCITS ETF 7C GBP HedgedHedgedLU2196473016XtrackersS&P 500 INDEX0.20%AccumulatingSyntheticLuxembourg8.2bn EUR2010GBP
Amundi SP 500 Swap UCITS ETF USD ACC500E NA · LU1681049018AmundiS&P 5000.15%AccumulatingNot currently availableLuxembourg7.7bn USDNot currently availableUSD
Amundi SP 500 Swap UCITS ETF USD DIST500D LN · LU2391437253AmundiS&P 5000.15%DistributingNot currently availableLuxembourg7.7bn USDNot currently availableUSD
Amundi SP 500 Swap UCITS ETF EUR ACC500 FP · LU1681048804AmundiS&P 5000.15%AccumulatingNot currently availableLuxembourg6.7bn EURNot currently availableEUR
Amundi SP 500 Swap UCITS ETF EUR Hedged ACCHedged500H FP · LU1681049109AmundiS&P 500 EUR DAILY HEDGED0.28%AccumulatingNot currently availableLuxembourg6.7bn EURNot currently availableEUR
Xtrackers S&P 500 Swap II UCITS ETF 1CIE000HY30YW6XtrackersS&P 500 INDEX0.04%AccumulatingSyntheticIreland4.7bn EUR2025USD
Xtrackers S&P 500 Swap II UCITS ETF 1DIE000FO05UG4XtrackersS&P 500 INDEX0.05%DistributingSyntheticIreland4.7bn EUR2025USD
Xtrackers S&P 500 UCITS ETF 4CIE000Z9SJA06XtrackersS&P 500 INDEX0.03%AccumulatingPhysicalIreland3.4bn EUR2015USD
Xtrackers S&P 500 UCITS ETF 3C CHF HedgedHedgedIE00B8KMSQ34XtrackersS&P 500 INDEX0.05%AccumulatingPhysicalIreland3.4bn EUR2015CHF
Xtrackers S&P 500 UCITS ETF 1D EUR HedgedHedgedIE00BGJWX091XtrackersS&P 500 INDEX0.05%DistributingPhysicalIreland3.4bn EUR2015EUR
Xtrackers S&P 500 UCITS ETF 1C EUR HedgedHedgedIE00BM67HW99XtrackersS&P 500 INDEX0.05%AccumulatingPhysicalIreland3.4bn EUR2015EUR
Xtrackers S&P 500 UCITS ETF 2C GBP HedgedHedgedIE00BM67HX07XtrackersS&P 500 INDEX0.05%AccumulatingPhysicalIreland3.4bn EUR2015GBP
Xtrackers S&P 500 UCITS ETF 4DIE000UP2BIZ9XtrackersNot currently available0.03%DistributingPhysicalIreland2.9bn GBP2015USD
iShares S&P 500 Swap UCITS ETFI50D · IE000D3BWBR2iSharesS&P 500 Index0.05%DistributingSyntheticIreland2.4bn USD2022USD
UBS Core S&P 500 UCITS ETF USD accIE00BD4TXW66UBSS&P 500 Total Return Net0.03%AccumulatingPhysicalIreland2.1bn USDNot currently availableUSD
iShares Core S&P 500 UCITS ETFHedgedGSPX · IE00BD8KRH84iSharesS&P 500 Index0.10%DistributingPhysicalIreland1.8bn GBP2018GBP
UBS Core S&P 500 UCITS ETF USD disIE00B7K93397UBSS&P 500 Total Return Net0.03%DistributingPhysicalIreland1.4bn USDNot currently availableUSD
iShares S&P 500 GBP Hedged UCITS ETF (Acc)HedgedIGUS · IE00B3Y8X563iSharesS&P 500 Index, 100% GBP Hedged Net Return0.20%AccumulatingPhysicalIreland1.2bn GBP2010GBP
UBS Core S&P 500 UCITS ETF hCHF accHedgedIE00BD34DB16UBSNot currently available0.06%AccumulatingPhysicalIreland666m CHFNot currently availableCHF
iShares S&P 500 Swap UCITS ETFHedgedCEB7 · IE000Z3S26J2iSharesS&P 500 Index0.05%AccumulatingSyntheticIreland544m EUR2024EUR
iShares S&P 500 Top 20 UCITS ETFSP20 · IE000VA628D5iSharesS&P 500 Top 20 Select 35/20 Capped Index0.20%AccumulatingPhysicalIreland509m USD2024USD
Invesco S&P 500 High Dividend Low Volatility UCITS ETF Dist | Invesco UKIE00BWTN6Y99InvescoS&P 500 Low Volatility High Dividend Index0.30%DistributingPhysicalIreland449m USD2015USD
iShares S&P 500 3% Capped UCITS ETFSP3C · IE000YIXESS9iSharesS&P 500 3% Capped Index (USD) N0.20%AccumulatingPhysicalIreland245m USD2025USD
UBS S&P 500 SF UCITS ETF USD accIE00B4JY5R22UBSS&P 500 Total Return Net0.19%AccumulatingSyntheticIreland221m USDNot currently availableUSD
UBS Core S&P 500 UCITS ETF hEUR accHedgedIE00BD34DK07UBSNot currently available0.06%AccumulatingPhysicalIreland203m EURNot currently availableEUR
Invesco US Enhanced Equity UCITS ETF Acc | Invesco UKIE0009EGAHL0InvescoS&P 500® Total Return (Net) Index0.16%AccumulatingNot currently availableIreland143m USD2025USD
Invesco S&P 500 Low Volatility UCITS ETF Acc | Invesco UKIE00BKW9SX35InvescoS&P 500 Low Vol NTR Index0.25%AccumulatingPhysicalIreland140m USD2021USD
iShares S&P 500 Swap UCITS ETFHedgedI50G · IE0001OGLP52iSharesS&P 500 Index0.05%DistributingSyntheticIreland96m GBP2024GBP
Amundi SP 500 Buyback UCITS ETF USD CBYBU FP · LU1681048556AmundiS&P 500 BUYBACK NTR0.15%AccumulatingNot currently availableLuxembourg92m USDNot currently availableUSD
iShares Core S&P 500 UCITS ETFCSPEH · IE000Y7V5EW2iSharesS&P 500 Index0.10%AccumulatingPhysicalIreland86m EUR2026EUR
iShares S&P 500 Top 20 UCITS ETFS2P0 · IE000HIHKYJ1iSharesS&P 500 Top 20 Select 35/20 Capped Index0.20%DistributingPhysicalIreland86m USD2025USD
Amundi SP 500 Buyback UCITS ETF EUR CBYBE FP · LU1681048127AmundiS&P 500 BUYBACK NTR0.15%AccumulatingNot currently availableLuxembourg80m EURNot currently availableEUR
UBS Core S&P 500 UCITS ETF hGBP disHedgedIE00BD34DL14UBSNot currently available0.06%DistributingPhysicalIreland58m GBPNot currently availableGBP
iShares S&P 500 3% Capped UCITS ETFCEPP · IE0001ARVVZ9iSharesS&P 500 3% Capped Index (USD) N0.23%AccumulatingPhysicalIreland31m EUR2026EUR
Amundi Core SP 500 UCITS ETF ACCCSP5 GY · IE000UBAW7M3AmundiS&P 5000.05%AccumulatingNot currently availableIreland23m USDNot currently availableUSD
Franklin Core US Enhanced Equity UCITS ETFFCEU · IE000CZU3JH0Franklin TempletonS&P 500 Index-NR0.20%AccumulatingNot currently availableIreland9m USD2026USD
Xtrackers S&P 500 Defensive Shareholder Yield UCITS ETF 1CIE000SRQBBT6XtrackersNot currently available0.25%AccumulatingPhysicalIreland5m GBP2025USD
Xtrackers S&P 500 GARP UCITS ETF 1CIE0001TLQX55XtrackersNot currently available0.25%AccumulatingPhysicalIreland4m GBP2025USD
Xtrackers S&P 500 Market Leaders UCITS ETF 1CIE000DVHJV46XtrackersNot currently available0.25%AccumulatingPhysicalIreland4m GBP2025USD
iShares S&P 500 3% Capped UCITS ETFSPC3 · IE000AY6KP29iSharesS&P 500 3% Capped Index (USD) N0.20%DistributingPhysicalIreland2m USD2025USD
iShares S&P 500 Swap UCITS ETFI50C · IE000WJJTA81iSharesS&P 500 Index0.05%AccumulatingSyntheticIreland612937 CHF2025CHF
Invesco S&P 500 UCITS ETF GBP Hdg Acc | Invesco UKIE00BKX8G916InvescoS&P 500 Daily GBP Hedged NTR Index0.05%AccumulatingSyntheticIrelandNot currently available2020GBX
Invesco S&P 500 UCITS ETF EUR Hdg Acc | Invesco UKIE00BRKWGL70InvescoS&P 500 Daily Hedged Euro Net Total Return Index0.05%AccumulatingSyntheticIrelandNot currently available2014EUR
Invesco S&P 500 UCITS ETF Dist | Invesco UKIE00BYML9W36InvescoS&P 500® Total Return (Net) Index0.05%DistributingSyntheticIrelandNot currently available2015USD
Vanguard S&P 500 UCITS ETF (USD) DistributingVUSD · IE00B3XXRP09VanguardStandard and Poor’s 500 Index0.07%DistributingPhysicalIrelandNot currently available2012USD
Vanguard S&P 500 UCITS ETF (USD) AccumulatingVUAA · IE00BFMXXD54VanguardStandard and Poor’s 500 Index0.07%AccumulatingPhysicalIrelandNot currently available2019USD
Invesco US Enhanced Equity UCITS ETF EUR Hdg Acc | Invesco UKIE000WN3JW15InvescoS&P 500® Total Return (Net) Index0.21%AccumulatingNot currently availableIrelandNot currently available2026EUR
Invesco S&P 500 High Dividend Low Volatility UCITS ETF CHF Hdg Acc | Invesco UKIE00BYVTMX06InvescoS&P 500 Low Volatility High Dividend Index0.35%AccumulatingPhysicalIrelandNot currently available2017CHF
HSBC S&P 500 UCITS ETFHedgedIE000WMIYI33HSBCNot currently availableNot currently availableAccumulatingNot currently availableNot currently availableNot currently availableNot currently availableCHF

Values are provider-reported and stored per ISIN in the Grovcap database. Fields a provider has not published are shown as unavailable. Fund-size reporting dates differ by provider.

Featured comparisons

AvailableCSPX vs VUAATwo accumulating Irish-domiciled S&P 500 trackers compared on cost, scale, listings and suitability.
Coming SoonCSPX vs SPYLiShares scale against State Street's low-cost accumulating share class.
Coming SoonVUAA vs SPYLTwo of the cheapest accumulating S&P 500 UCITS options side by side.
How to choose

Best by category

Each pick is produced by an explicit rule applied to the live data — not an endorsement. No single S&P 500 ETF is best for every investor.

Best overall

iShares Core S&P 500 UCITS ETF (CSPX)

iShares · IE00B5BMR087

Largest physically replicated accumulating share class in the set at 150.5bn USD, with a 0.07% TER. Scale and a long trading history usually mean tight spreads — not that it suits every investor.

View fund details
Lowest cost

State Street® SPDR® S&P® 500 UCITS ETF (Acc) (SPYL)

SPDR · IE000XZSV718

Lowest provider-reported TER in the set at 0.03%. TER is only part of total cost: tracking difference, spreads and broker fees also matter.

View fund details
Largest fund

iShares Core S&P 500 UCITS ETF (CSPX)

iShares · IE00B5BMR087

Largest reported fund size in the set at 150.5bn USD. Size reduces closure risk and generally supports liquidity.

View fund details
Best for beginners

iShares Core S&P 500 UCITS ETF (CSPX)

iShares · IE00B5BMR087

A large, physically replicated, accumulating share class from iShares keeps the decision simple: no dividend admin, no swap counterparty to assess, and broad broker availability.

View fund details
Best one-fund S&P 500 holding

iShares Core S&P 500 UCITS ETF (CSPX)

iShares · IE00B5BMR087

If the S&P 500 is your only US equity holding, an accumulating iShares share class avoids reinvestment friction. Remember the S&P 500 is US large-cap only — it is not a global portfolio.

View fund details
Best for monthly investing

State Street® SPDR® S&P® 500 UCITS ETF (Acc) (SPYL)

SPDR · IE000XZSV718

For recurring buys, the cheapest accumulating share class (0.03% TER) compounds without dividend leakage. Your broker's savings-plan coverage and per-order cost usually matter more than a 0.01% TER gap.

View fund details
Most established

iShares Core S&P 500 UCITS ETF USD (Dist) (IUSA)

iShares · IE0031442068

Oldest S&P 500 UCITS share class in the set, launched in 2002. A long record means more observable tracking history.

View fund details

Decision helper

Work through these criteria in order. They use structural facts, not marketing claims.

Step 1

Do you want dividends reinvested automatically?

Yes

Choose an accumulating share class. It removes reinvestment friction and is the default for most long-term European investors.

No

Choose a distributing share class so income lands in your brokerage account — often preferable where local tax rules favour paid dividends.

Step 2

Are you comfortable with swap counterparty exposure?

Yes

A synthetic S&P 500 share class is open to you and may show a small structural advantage on US dividend withholding tax.

No

Restrict the list to physically replicated funds, which hold the underlying shares directly.

Step 3

Do you need returns in your home currency rather than US dollars?

Yes

Consider a currency-hedged share class, accepting its higher ongoing cost and hedging drag.

No

Use an unhedged share class; the quoted trading currency does not change your underlying dollar exposure.

Step 4

Will you invest a fixed amount every month?

Yes

Filter by what your broker offers in a free or low-cost savings plan for that exact ISIN — this usually outweighs a basis point of TER.

No

Prioritise fund size and spread on the exchange you trade, since your costs are concentrated in fewer, larger orders.

Learn the basics

What is the S&P 500?

A market-cap weighted index of around 500 large US companies, selected by a committee.

Weighting by market value means the largest companies dominate returns. Membership is decided by an index committee against liquidity, profitability and free-float rules, so it is not simply the 500 biggest listed firms.

For context on how it fits a wider portfolio, see Beyond the S&P 500 and Global investing vs America.

Why UCITS ETFs?

UCITS is the European fund framework that sets diversification, custody and disclosure rules.

European retail investors generally cannot buy US-listed ETFs, and UCITS funds carry the disclosure documents your broker is required to provide. Irish domicile is common for US equity because of the reduced withholding-tax rate on US dividends.

Full explainer: UCITS ETFs explained.

Accumulating vs distributing

Accumulating reinvests dividends inside the fund; distributing pays them to your account.

The choice is mostly about tax treatment in your country and whether you want cash flow. Mechanically, accumulating avoids the friction of manually reinvesting small dividend payments.

Full explainer: Reinvest or get paid.

Physical replication, swaps and tracking

Physical funds hold the shares; swap-based funds contract for the index return.

Physical replication is the default for the S&P 500. Swap-based share classes can capture a structural advantage on US dividend withholding tax, at the cost of counterparty exposure to the swap provider.

Tracking difference is the realised gap between fund and index return over a period — the number that reflects what the fund really cost you. Tracking error measures how variable that gap is.

TER, spreads and execution costs

TER is only one component of what you pay to hold and trade an ETF.

Your total cost is the ongoing charge plus the bid-ask spread you cross on each trade, your broker's commission, any currency conversion, and the fund's internal trading and tax drag.

Compare headline costs across the whole UCITS market in the Lowest TER UCITS ETF rankings, and read the lowest-TER ranking methodology for how those figures are validated.

Fund size and closure risk

Larger funds are less likely to be merged or wound up and usually trade more tightly.

Fund size is reported by the provider at different frequencies, so figures across providers are not always as of the same date. Grovcap shows the provider value and never fills gaps with an estimate.

Retail investor questions

The questions European investors actually ask before buying an S&P 500 UCITS ETF.

Continue researching

Related Grovcap guides, rankings and tools to take the next step.

Best ETFsBest Nasdaq-100 UCITS ETFsA distinct, concentrated US equity exposure compared on cost and structure.BenchmarkS&P 500 benchmark guideUnderstand the coverage and limits behind S&P 500 ETFs.ETF comparisonCSPX vs VUAATwo accumulating Irish-domiciled S&P 500 trackers compared side by side.RankingsLowest TER UCITS ETFsThe cheapest published share classes by category, refreshed from provider data.Best ETFsBest ETFs for BeginnersSimple, diversified UCITS ETFs for European investors starting a portfolio.

Disclaimer

The information provided by Grovcap is for informational and educational purposes only and does not constitute investment, financial, legal, or tax advice. Investing involves risk, including the possible loss of capital. Always conduct your own research or consult a qualified professional before making investment decisions.

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