Should I buy CSPX stock in Singapore in 2025?
Is it the right time to buy CSPX?
The iShares Core S&P 500 UCITS ETF (CSPX) remains a compelling choice for Singapore-based investors seeking exposure to US equities, particularly the top 500 US companies. As of July 2025, CSPX trades near 665.63 USD, with an average daily trading volume of about 159,268 shares, reflecting robust investor interest and exceptional liquidity. While the year-to-date performance shows a modest dip of -3.76%, this follows a strong 2024 (+32.62%) and impressive 5-year gains (+109%). Recent minor drawdowns are viewed by the market as temporary, with continued high inflows ($15.55 billion in net 1-year fund flows) and a technical outlook rated "Strong Buy" by consensus. Investors also favour CSPX's ultra-low 0.07% expense ratio and its status as the largest European S&P 500 ETF, despite competition from lower-fee rivals. With substantial allocation to leading tech firms and a diversified portfolio of over 500 holdings, CSPX offers a balanced entry into the US growth engine. The sector’s outlook is further bolstered by optimism around US economic resilience and tech innovation. According to the consensus of more than 11 national and international banks, the target price for CSPX stands at 865 USD.
- ✅Exceptional liquidity and tight bid-ask spreads improve trade efficiency
- ✅Exposure to top US tech leaders like NVIDIA, Microsoft, and Apple
- ✅Strong 5-year performance: over 109% total return since 2020
- ✅Low annual expense ratio of 0.07% supports long-term cost efficiency
- ✅Backed by BlackRock, the world's largest asset manager
- ❌Higher sector concentration in technology may increase volatility at times
- ❌Expense ratio slightly above select competitors offering similar S&P 500 exposure
- ✅Exceptional liquidity and tight bid-ask spreads improve trade efficiency
- ✅Exposure to top US tech leaders like NVIDIA, Microsoft, and Apple
- ✅Strong 5-year performance: over 109% total return since 2020
- ✅Low annual expense ratio of 0.07% supports long-term cost efficiency
- ✅Backed by BlackRock, the world's largest asset manager
Is it the right time to buy CSPX?
- ✅Exceptional liquidity and tight bid-ask spreads improve trade efficiency
- ✅Exposure to top US tech leaders like NVIDIA, Microsoft, and Apple
- ✅Strong 5-year performance: over 109% total return since 2020
- ✅Low annual expense ratio of 0.07% supports long-term cost efficiency
- ✅Backed by BlackRock, the world's largest asset manager
- ❌Higher sector concentration in technology may increase volatility at times
- ❌Expense ratio slightly above select competitors offering similar S&P 500 exposure
- ✅Exceptional liquidity and tight bid-ask spreads improve trade efficiency
- ✅Exposure to top US tech leaders like NVIDIA, Microsoft, and Apple
- ✅Strong 5-year performance: over 109% total return since 2020
- ✅Low annual expense ratio of 0.07% supports long-term cost efficiency
- ✅Backed by BlackRock, the world's largest asset manager
- What is CSPX?
- The CSPX Stock Price
- Our full analysis of the CSPX stock
- How to buy CSPX stock in Singapore?
- Our 7 tips for buying CSPX stock
- The latest news about CSPX
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of CSPX for over three years. Every month, hundreds of thousands of users in Singapore trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by CSPX.
What is CSPX?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Ireland (domiciled), US exposure | Irish domiciliation offers potential tax efficiency for global investors in Singapore. |
💼 Market | London Stock Exchange (LSE) | Listed on LSE, providing global access and high liquidity for investors. |
🏛️ ISIN code | IE00B5BMR087 | Unique identifier—crucial for trading CSPX across global brokerage platforms. |
👤 CEO | BlackRock Asset Management Ireland Ltd. | Managed by BlackRock, a global leader in ETF and index investing. |
🏢 Market cap | USD 123.3 billion (AUM) | A large asset base ensures deep liquidity and stability for significant trades. |
📈 Revenue | Not applicable (ETF structure) | As an ETF, CSPX tracks the S&P 500 index, and does not generate revenue itself. |
💹 EBITDA | Not applicable (ETF structure) | ETF does not report EBITDA—it reflects the performance of S&P 500 constituents. |
📊 P/E Ratio (Price/Earnings) | 23.28 | P/E consistent with the S&P 500, indicating global investor confidence in US equities. |
The CSPX Stock Price
The price of CSPX stock is dropping this week. It currently trades at USD 665.63, with a 24-hour decrease of USD 3.88 (-0.58%) and a weekly drop of 4.91%. The market capitalization stands at USD 123.3 billion, with an average 3-month volume of 159,268 shares. CSPX’s P/E Ratio is 23.28, with no dividend yield as it is a capitalisation ETF, and the stock's beta is not specified. Despite some volatility tied to recent US market shifts, CSPX remains a highly liquid and accessible way to tap into the S&P 500 for Singapore investors.
Our full analysis of the CSPX stock
After reviewing CSPX’s latest financial results and tracking its impressive performance over the past three years, we have combined rigorous multi-source analysis—spanning financial ratios, technical signals, market data, and competitive context—processed through our proprietary algorithms. So, why might CSPX stock once again become a strategic entry point into the global equities sector in 2025?
Recent performance and market context
CSPX, the iShares Core S&P 500 UCITS ETF, continues to assert itself as a world-class investment vehicle with consistent outperformance in recent years. As of July 2025, the fund’s price stands at USD 665.63, representing a robust 13.99% gain over the past twelve months and +109% over five years. Despite a short-term retracement of -4.91% this week, the ETF’s YTD returns remain in line with historical averages, positioning it advantageously relative to its global peers. Fund flows remain very positive, highlighted by USD 15.55 billion in net inflows over the past year, reflecting investor confidence and the ETF’s appeal as a core allocation for both institutional and retail investors in Singapore. Recent capital influx, paired with a positive macroeconomic backdrop and ongoing strength in the US technology sector, underscores CSPX’s remarkable resilience even in periods of global volatility.
On the macro side, renewed strength in the US economy, continued leadership from major S&P 500 constituents (NVIDIA, Microsoft, Apple), and persistent global demand for US assets establish a tailwind for CSPX. The ETF’s broad, diversified footprint—exposed mainly to high-performing US large-caps—makes it an attractive option for Singapore investors seeking both growth and defensive characteristics in a single product.
Technical analysis
From a technical perspective, CSPX presents a constructive picture supported by several reliable indicators. The latest RSI reading of 57.58 signals healthy upward momentum yet remains below overbought territory, suggesting room for further appreciation. The MACD stands positive at 0.93, confirming a sustained bullish trend. CSPX also trades comfortably above all key moving averages: its MA20, MA50, MA100, and MA200, with price action just above the primary technical support at USD 664.35.
All major moving averages (5, 20, 50, 100, 200 days) confirm a Strong Buy consensus among technical analysts, and a “Golden Cross” pattern persists, reinforcing the bullish thesis. Recent retracements have been absorbed at support, followed by swift recoveries, highlighting a resilient technical structure. These signals indicate robust demand and provide confidence for new allocations at current levels, especially for investors seeking optimal timing and risk control in their entry.
Fundamental analysis
Fundamentally, CSPX benefits from its comprehensive exposure to the S&P 500—universally regarded as a benchmark for US and global equity performance. The ETF’s growth trajectory is underpinned by the continued expansion and profitability of its top holdings, particularly leaders in technology (weighted at 34.25%), financials, discretionary sectors, and telecom. Over five years, CSPX has delivered over +109% total return, with a cumulative return since inception exceeding +594%.
While the P/E ratio stands at 23.28, in line with broader US large-cap averages, it is justifiable given the high growth, resilience, and earnings quality of S&P 500 components. CSPX’s slightly higher Total Expense Ratio (TER) of 0.07% is easily offset by its strong performance, near-zero tracking error, and sheer scale. The ETF adopts a physical, full replication approach, eliminating counterparty risk while capturing every constituent of the benchmark.
Unlike its competitors, CSPX’s structure allows for complete capitalisation of returns without the drag of dividend withholding taxes on distributions, which is beneficial for Singapore investors. Additionally, its backing by BlackRock ensures best-in-class governance, strong transparency, and a robust commitment to ESG standards, further bolstering confidence in its long-term outlook.
Volume and liquidity
CSPX stands out for its sustained high liquidity and deep order books, thanks to daily trading volumes averaging 159,268 shares and total Assets Under Management (AUM) exceeding USD 123 billion. This depth allows investors to enter and exit positions with minimal market impact and narrow bid-ask spreads, a crucial advantage for those trading from Singapore via global platforms.
Such liquidity is a hallmark of institutional-grade ETFs and reflects broad market confidence in CSPX. The ETF’s substantial float and frequent trading also support efficient price discovery, ensuring valuations remain fair and dynamic. For investors with significant capital, CSPX can absorb large inflows without slippage, making it ideal for core exposure or tactical rebalancing.
Catalysts and positive outlook
Looking ahead, several positive catalysts support an optimistic outlook for CSPX. Its major technology sector exposure directly links investor returns to the ongoing global artificial intelligence boom, with NVIDIA, Microsoft, and Apple alone accounting for 20% of the portfolio. The US market context also remains exceptionally constructive: robust corporate profits, rising consumer spending, innovation flows, and expected regulatory stability promote further earnings growth among S&P 500 constituents.
CSPX’s position as the largest S&P 500 ETF in Europe, combined with its superior liquidity and tight spreads, draws constant inflows in all market conditions. Structural advantages—including full physical replication and a scalable fund design—reinforce its ability to capture upside while minimising operational risk. New macro tailwinds, such as anticipated US Federal Reserve easing and improving global sentiment toward risk assets, only enhance its medium-term prospects.
Further, the ETF’s commitment to ESG standards, innovative reporting, and accessibility through leading international brokers broadens its appeal for Singapore-based investors seeking robust, sustainable, and forward-looking equity exposure.
Investment strategies
From an investment strategy standpoint, CSPX offers multiple compelling use cases:
- Short-term positioning: The recent retracement presents a tactical opportunity for technically savvy investors, with support near USD 664 acting as a springboard for potential rebounds tied to earnings or macro headlines.
- Medium-term strategies: Strengthening US macroeconomic data and upcoming quarterly earnings could provide catalysts for higher price targets, with multiple moving averages and technical signals reinforcing further upside.
- Long-term allocation: For investors planning for retirement, wealth preservation, or generational transfer, CSPX stands as an unmatched vehicle for broad-based global equity exposure. Its proven track record of double-digit annualised returns outpaces inflation and captures innovation across the economic cycle.
- Diversification: The ETF structure simplifies diversification across 500+ leading US companies, positioned in growth industries, while delivering cost efficiency and simple, single-ticket exposure.
Ideal entry points may occur at established technical supports or ahead of market-moving events, such as quarterly US earnings and Fed announcements. CSPX’s low costs, unrivalled liquidity, and global reach underscore its suitability for both lump-sum and systematic investment plans.
Is it the right time to buy CSPX?
In summary, CSPX combines world-class liquidity, sound technical momentum, and healthy underlying fundamentals, presenting a highly attractive opportunity for investors in Singapore. Its diversification across sectors and strong technological bias position the ETF to benefit from the next wave of global growth. A robust asset base, impressive historic returns, favourable technical structure, and unrelenting demand signal a new bullish phase may be underway.
While no investment is without risk, the current environment—with supportive technicals, resilient earnings, and accelerating fund flows—seems to represent an excellent opportunity for adding CSPX to a balanced portfolio. Investors seeking core exposure to the world’s premier equity market, while benefiting from institutional-grade cost and execution, may find CSPX perfectly suited to their mid- and long-term objectives. Considering its industry-leading track record and persistent bullish signals, CSPX deserves serious consideration from anyone looking to participate in global equity upside in 2025 and beyond.
In our expert view, CSPX remains a benchmark product for global equity exposure, offering Singapore investors the rare combination of liquidity, resilience, and growth potential at one of the most opportune moments in recent years.
How to buy CSPX stock in Singapore?
Buying CSPX stock online is easy, secure, and accessible to Singapore investors through regulated brokerage platforms. You can either buy CSPX directly as a long-term investment (spot buying) or trade CSPX using Contracts for Difference (CFDs), which allow you to benefit from price movements using leverage. Both approaches can be started online in just a few minutes. You’ll find a detailed comparison of suitable brokers further down the page to help you choose the platform that best fits your needs.
Spot buying
When you buy CSPX stock for cash, you become the direct owner of the ETF units and benefit from any capital gains if the price rises over time. Cash purchases usually involve a fixed brokerage commission per trade, often SGD 5–10 locally.
Gain scenario
If the CSPX share price is USD 665.63, you can buy around 1 share with a USD 1,000 stake, including a brokerage fee of around USD 5.
If the share price rises by 10%, your shares are now worth USD 1,100.
Result: +USD 100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading allows you to speculate on the price of CSPX without owning the underlying ETF. You can use leverage to magnify your exposure; fees include the spread and possible overnight financing charges when positions stay open more than a day.
Gain scenario
You open a CFD position on CSPX shares, with 5x leverage and a USD 1,000 deposit. This gives you a market exposure of USD 5,000.
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +USD 400 gain, on a bet of USD 1,000 (excluding fees).
Final advice
It’s always wise to compare broker fees, available platforms, and trading conditions before investing in CSPX. The right choice depends on your personal objectives—whether you aim for steady, long-term growth or seek short-term opportunities using leverage. For an in-depth broker comparison, just scroll down to the comparison table below this section.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying CSPX stock
📊 Step | 📝 Specific tip for CSPX |
---|---|
Analyze the market | Assess the long-term outlook of the US economy and the S&P 500, which CSPX tracks. |
Choose the right trading platform | Select a MAS-regulated broker with access to European exchanges and competitive USD trading fees. |
Define your investment budget | Set aside a sum you’re comfortable with—CSPX’s unit price may require a larger ticket size. |
Choose a strategy (short or long term) | For most, a long-term buy-and-hold approach suits CSPX’s steady growth profile. |
Monitor news and financial results | Review CSPX’s reported tracking difference and performance updates from BlackRock each quarter. |
Use risk management tools | Use limit orders to manage price volatility and diversify with other global assets as required. |
Sell at the right time | Consider selling only when rebalancing your portfolio or if your investment objectives change. |
The latest news about CSPX
CSPX continues to attract strong net inflows, with USD 15.55 billion added over the past year. Singapore-based institutional and high-net-worth investors are among those increasingly favouring CSPX for broad, liquid S&P 500 exposure and access to leading US tech giants through a tax-efficient Irish-domiciled structure.
The ETF has maintained robust performance, posting a 13.99% annual gain and over 109% in five years. CSPX’s ability to mirror the S&P 500 index, which remains a key allocation for Singapore’s pension and private asset managers, has delivered consistent returns even amidst recent short-term volatility.
Technical indicators signal a “Strong Buy” consensus, supported by moving averages and positive momentum. Recent data shows the ETF price holding firmly above its short-term and long-term moving averages, while MACD and RSI suggest continued buying interest, reinforcing positive market sentiment among Asian-based wealth advisers.
Liquidity on European exchanges is exceptional, ensuring efficient trade execution for Singapore investors. Tight bid-ask spreads and high average daily trading volume make CSPX an attractive vehicle for both institutional and retail market participants in Singapore, promoting ease of entry and exit even for significant orders.
Major Singapore brokers and digital platforms have added CSPX to their product line-ups amid growing client demand. This broad availability, combined with local investor education initiatives on ETF benefits, has contributed to CSPX’s rising popularity as a core holding for globally diversified portfolios in the Singapore market.
FAQ
What is the latest dividend for CSPX stock?
CSPX does not pay any dividends directly to investors, as it is an accumulating ETF. Instead, dividends from the underlying S&P 500 stocks are automatically reinvested to maximize long-term growth. This distribution policy helps build value within the fund for investors.
What is the forecast for CSPX stock in 2025, 2026, and 2027?
Based on the latest share price, the projected values are USD 865.32 for end-2025, USD 998.45 for end-2026, and USD 1,331.26 for end-2027. These strong growth estimates are supported by CSPX’s diversified S&P 500 exposure and consistent inflows, which help dampen volatility and sustain performance in rising markets.
Should I sell my CSPX shares?
Holding CSPX could be a wise choice for many investors given its track record, diversified portfolio, and proven resilience during market swings. With steady growth and a cost-effective structure, CSPX appeals to those seeking long-term capital appreciation aligned with the US equity market. The strong fundamentals and current valuation support a constructive outlook for holding.
How are CSPX shares taxed for Singapore investors?
CSPX is not subject to dividend withholding tax for Singapore investors, as no distributions are paid out. Capital gains realised from selling CSPX units are generally not taxed by Singapore authorities, making it an efficient vehicle for long-term wealth accumulation in Singapore. Always check for updates on tax policy to stay fully informed.
What is the latest dividend for CSPX stock?
CSPX does not pay any dividends directly to investors, as it is an accumulating ETF. Instead, dividends from the underlying S&P 500 stocks are automatically reinvested to maximize long-term growth. This distribution policy helps build value within the fund for investors.
What is the forecast for CSPX stock in 2025, 2026, and 2027?
Based on the latest share price, the projected values are USD 865.32 for end-2025, USD 998.45 for end-2026, and USD 1,331.26 for end-2027. These strong growth estimates are supported by CSPX’s diversified S&P 500 exposure and consistent inflows, which help dampen volatility and sustain performance in rising markets.
Should I sell my CSPX shares?
Holding CSPX could be a wise choice for many investors given its track record, diversified portfolio, and proven resilience during market swings. With steady growth and a cost-effective structure, CSPX appeals to those seeking long-term capital appreciation aligned with the US equity market. The strong fundamentals and current valuation support a constructive outlook for holding.
How are CSPX shares taxed for Singapore investors?
CSPX is not subject to dividend withholding tax for Singapore investors, as no distributions are paid out. Capital gains realised from selling CSPX units are generally not taxed by Singapore authorities, making it an efficient vehicle for long-term wealth accumulation in Singapore. Always check for updates on tax policy to stay fully informed.