36B3.DE vs. NQSE.DE
36B3.DE (iShares MSCI Europe SRI UCITS ETF EUR Dist) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - 36B3.DE is a Europe Equities fund tracking the MSCI Europe SRI Select Reduced Fossil Fuels, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, 36B3.DE returned 5.39%/yr vs 14.91%/yr for NQSE.DE. A 0.66 correlation means they provide meaningful diversification when combined. 36B3.DE charges 0.20%/yr vs 0.33%/yr for NQSE.DE.
Performance
36B3.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 36B3.DE achieves a 6.64% return, which is significantly lower than NQSE.DE's 17.82% return.
36B3.DE
- 1D
- 0.84%
- 1M
- 1.55%
- YTD
- 6.64%
- 6M
- 8.49%
- 1Y
- 5.53%
- 3Y*
- 7.06%
- 5Y*
- 5.39%
- 10Y*
- —
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
36B3.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
36B3.DE iShares MSCI Europe SRI UCITS ETF EUR Dist | 6.64% | 3.96% | 5.27% | 16.63% | -15.19% | 26.68% | 3.90% | 18.99% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 20.57% |
Correlation
The correlation between 36B3.DE and NQSE.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2019 | 0.66 |
The correlation between 36B3.DE and NQSE.DE has been stable across timeframes, ranging from 0.58 to 0.66 - a consistent structural relationship.
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Return for Risk
36B3.DE vs. NQSE.DE — Risk / Return Rank
36B3.DE
NQSE.DE
36B3.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF EUR Dist (36B3.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 36B3.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.39 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 3.08 | -2.54 |
| Martin ratioReturn relative to average drawdown | 1.42 | 10.77 | -9.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 36B3.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 2.28 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.71 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.82 | -0.30 |
Drawdowns
36B3.DE vs. NQSE.DE - Drawdown Comparison
The maximum 36B3.DE drawdown since its inception was -33.57%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for 36B3.DE and NQSE.DE.
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Drawdown Indicators
| 36B3.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.57% | -37.67% | +4.10% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -11.87% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -15.87% | -22.40% | +6.53% |
Max Drawdown (5Y)Largest decline over 5 years | -23.45% | -37.67% | +14.22% |
Current DrawdownCurrent decline from peak | -0.82% | -0.84% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -8.56% | +2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.82% | 3.40% | +0.42% |
Volatility
36B3.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares MSCI Europe SRI UCITS ETF EUR Dist (36B3.DE) is 4.30%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that 36B3.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 36B3.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 4.75% | -0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.84% | 11.99% | -1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.38% | 16.05% | -2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 20.91% | -6.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.35% | 21.54% | -5.19% |
36B3.DE vs. NQSE.DE - Expense Ratio Comparison
36B3.DE has a 0.20% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
36B3.DE vs. NQSE.DE - Dividend Comparison
36B3.DE's dividend yield for the trailing twelve months is around 1.98%, while NQSE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
36B3.DE iShares MSCI Europe SRI UCITS ETF EUR Dist | 1.98% | 2.13% | 2.45% | 2.46% | 2.63% | 1.80% | 1.65% | 2.58% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
36B3.DE and NQSE.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 36B3.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
36B3.DE is cheaper with a 0.20% expense ratio, compared with 0.33% for NQSE.DE.
36B3.DE is categorized as Europe Equities, while NQSE.DE is Nasdaq-100. 36B3.DE tracks MSCI Europe SRI Select Reduced Fossil Fuels, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.20% for 36B3.DE and 0.33% for NQSE.DE.
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