Focused low cost US equity tracker with strong large cap bias and quality tilt
Report created on Mar 27, 2026Risk profile
4/7
Diversification profile
2/5
Positions
-
CS iShares Core S&P 500 UCITS ETF USD (Acc)
CSPX - IE00B5BMR087 100.00%
The structure is extremely simple: one accumulating ETF that tracks a broad US large‑cap index makes up 100% of the holdings. That means every pound is invested in shares rather than cash, bonds, or alternatives. Simplicity like this is powerful because it is easy to understand, monitor, and maintain, and it avoids the complexity traps many investors fall into. The trade‑off is that all risk and return come from one market and one asset type. For someone happy to accept full equity swings in exchange for long‑term growth, this “one‑fund” approach can be very effective, as long as the lack of diversification into other assets is a conscious choice.
Growth
One or more local-currency benchmark funds are unavailable for this report.
Over the last decade, £1,000 grew to about £3,686, giving a compound annual growth rate (CAGR) of 13.88%. CAGR is like your average yearly “speed” over the full journey, smoothing out all the bumps. The max drawdown of about -34% shows the biggest peak‑to‑trough fall, a reminder that stock markets can drop sharply. Your chosen benchmark US market index shows a higher backtested CAGR and a smaller max drawdown, so this specific tracker slightly lagged that reference series historically. Remember, though, that past returns reflect one unusually strong period for US equities and do not guarantee anything similar going forward.
Asset classes
- Stocks 100%
All assets are in stocks, with 0% in bonds, cash, or property funds. That means full exposure to equity market ups and downs with no built‑in ballast from more defensive assets. Equity‑only allocations often deliver higher expected growth over long horizons, which suits goals like retirement many years away. However, they can feel uncomfortable during deep market falls because there is nothing in the mix designed to cushion the blow. Compared with a typical “balanced” blend that might include a sizeable bond slice, this structure is more growth‑oriented, so it fits investors who accept more volatility in exchange for long‑term return potential.
Sectors
- Technology 34%
- Financials 12%
- Telecommunications 11%
- Consumer Discretionary 10%
- Health Care 9%
- Industrials 8%
- Consumer Staples 5%
- Energy 4%
- Utilities 2%
- Real Estate 2%
- Basic Materials 2%
Sector exposure is well diversified across the US economy, but with a clear tilt toward technology at roughly a third of the overall allocation. Financials, telecom‑type businesses, consumer companies, healthcare, and industrials all have meaningful slices, which is nicely aligned with broad market standards. A technology‑heavy mix can benefit when innovation and digital trends drive growth, but it may wobble more when interest rates rise or investors rotate into more defensive areas. Overall, this sector breakdown is modern and growth‑focused, yet still includes a spread across many types of business, which is a strong indicator of healthy diversification within equities.
Regions
- North America 99%
Geographically, exposure is almost entirely to North America, effectively making this a single‑region portfolio. That concentration has worked very well over the last decade as US companies, especially large technology and consumer names, have outperformed many other regions. The flip side is that returns are heavily tied to the fortunes of one economy, currency, and regulatory system. Many global benchmarks include significant allocations outside North America to spread political and economic risk. Sticking with one dominant region can be fine if that tilt is intentional and understood, but some investors eventually blend in broader global exposure to reduce dependence on a single market.
Market capitalization
- Mega-cap 47%
- Large-cap 35%
- Mid-cap 18%
- Small-cap 1%
The portfolio leans strongly toward mega‑cap and large‑cap companies, with only a small slice in mid‑caps and a minimal allocation to small‑caps. Large and mega‑caps are usually more established, with deeper resources, global operations, and better access to capital markets, which often translates into greater resilience during stress. Smaller companies can offer higher growth potential but usually bring more volatility and liquidity risk. This large‑cap bias aligns well with what many core market indices look like today, which is helpful because it keeps the behaviour relatively predictable and in line with major market benchmarks most investors follow.
True holdings
-
NV NVIDIA Corporation 7.57%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
AA Apple Inc 6.57%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
MS Microsoft Corporation 4.92%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
AM Amazon.com Inc 3.60%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
GO Alphabet Inc Class A 3.01%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
AV Broadcom Inc 2.68%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
GO Alphabet Inc Class C 2.41%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
ME Meta Platforms Inc. 2.31%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
-
TS Tesla Inc 1.92%
Part of fund(s):- LS 1x Tesla Tracker ETP Securities GBP
- iShares Core S&P 500 UCITS ETF USD (Acc)
-
BR Berkshire Hathaway Inc 1.56%
Part of fund(s):- iShares Core S&P 500 UCITS ETF USD (Acc)
- Top 10 total 36.56%
Looking through to the ETF’s top holdings, exposure is heavily driven by a handful of mega‑cap companies such as Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta. These names alone account for a large share of the tracked index, which means their price moves can dominate your overall result. Because you only hold one ETF, there is no hidden overlap between different funds, which is actually quite clean. The main takeaway is that this broad index is more top‑heavy than it looks at first glance, so performance is closely tied to how the very largest US companies behave over time.
Factors
Factor exposure shows a high tilt to size (toward larger companies), quality, and low volatility, with lower exposure to value and momentum. Factors are like traits that help explain why certain investments behave the way they do over time. A quality tilt means more profitable, stable businesses with stronger balance sheets, which can help in downturns. A low‑volatility tilt suggests slightly smoother rides compared with racier growth strategies, even though this is still 100% in stocks. Less value and momentum exposure indicates the portfolio mainly follows the broad market rather than chasing cheap or fast‑rising names, which keeps things straightforward.
Risk contribution
-
iShares Core S&P 500 UCITS ETF USD (Acc)
Weight: 100.00% 100.0%
Because there is only one holding, that ETF contributes 100% of the portfolio’s risk by definition. Risk contribution measures how much each piece adds to overall ups and downs, which in multi‑fund portfolios can look very different from simple weights. Here, the message is clean: all risk comes from US large‑cap equities, with no offsetting components. The positive angle is that the risk profile is very easy to understand and explain. If, in future, you wanted to shift the overall risk level, the main lever would be adding or reducing exposure to this ETF versus introducing other asset classes or regions.
Ongoing product costs
- iShares Core S&P 500 UCITS ETF USD (Acc) 0.12%
- Weighted costs total (per year) 0.12%
The ongoing cost (TER) of 0.12% is impressively low for a diversified equity fund. TER, or Total Expense Ratio, is the annual fee taken inside the fund to cover management and operations. Even small differences here matter because costs compound just like returns: every 0.1% saved each year leaves more of the market’s growth in your pocket over decades. This fee level aligns very closely with best‑in‑class low‑cost index investing, which is a real strength of the setup. Keeping costs this lean supports better long‑term outcomes without requiring any extra effort on your part.
What next?
Create your own report?
Join our community!
The information provided on this platform is for informational purposes only and should not be considered as financial or investment advice. Insightfolio does not provide investment advice, personalized recommendations, or guidance regarding the purchase, holding, or sale of financial assets. The tools and content are intended for educational purposes only and are not tailored to individual circumstances, financial needs, or objectives.
Insightfolio assumes no liability for the accuracy, completeness, or reliability of the information presented. Users are solely responsible for verifying the information and making independent decisions based on their own research and careful consideration. Use of the platform should not replace consultation with qualified financial professionals.
Investments involve risks. Users should be aware that the value of investments may fluctuate and that past performance is not an indicator of future results. Investment decisions should be based on personal financial goals, risk tolerance, and independent evaluation of relevant information.
Insightfolio does not endorse or guarantee the suitability of any particular financial product, security, or strategy. Any projections, forecasts, or hypothetical scenarios presented on the platform are for illustrative purposes only and are not guarantees of future outcomes.
By accessing the services, information, or content offered by Insightfolio, users acknowledge and agree to these terms of the disclaimer. If you do not agree to these terms, please do not use our platform.
Instrument logos provided by Elbstream.
Help us improve Insightfolio
Your feedback makes a difference! Share your thoughts in our quick survey. Take the survey