ANXG.L vs. NASL.L

Last updated Jun 5, 2026

ANXG.L (Amundi Nasdaq-100 UCITS USD) and NASL.L (Lyxor UCITS Nasdaq-100 D-EUR) are both Nasdaq-100 funds from Amundi - ANXG.L tracks the NASDAQ-100 Index while NASL.L tracks the Russell 1000 Growth TR USD. Both are passively managed. Over the past 5 years, ANXG.L returned 19.03%/yr vs 19.05%/yr for NASL.L. With a 0.99 correlation, they move nearly in lockstep. ANXG.L charges 0.13%/yr vs 0.30%/yr for NASL.L.

Performance

ANXG.L vs. NASL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi Nasdaq-100 UCITS USD (ANXG.L) and Lyxor UCITS Nasdaq-100 D-EUR (NASL.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ANXG.L having a 19.88% return and NASL.L slightly higher at 19.92%.

ANXG.L

• 1D: -0.64%
• 1M: 9.65%
• YTD: 19.88%
• 6M: 18.47%
• 1Y: 41.85%
• 3Y*: 24.84%
• 5Y*: 19.03%
• 10Y*: 22.61%

NASL.L

• 1D: -0.74%
• 1M: 9.61%
• YTD: 19.92%
• 6M: 18.45%
• 1Y: 41.87%
• 3Y*: 24.89%
• 5Y*: 19.05%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANXG.L vs. NASL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ANXG.L Amundi Nasdaq-100 UCITS USD	19.88%	11.70%	28.70%	48.00%	-25.42%	29.85%	43.37%	34.20%	-3.29%
NASL.L Lyxor UCITS Nasdaq-100 D-EUR	19.92%	11.71%	28.78%	47.95%	-25.38%	29.78%	43.43%	33.70%	-2.99%

Correlation

The correlation between ANXG.L and NASL.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since May 15, 2018	0.99

The correlation between ANXG.L and NASL.L has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

ANXG.L vs. NASL.L - Sectors Allocation Comparison

Sectors	ANXG.L	NASL.L
Technology	53.7%	53.7%
Communication Services	15.8%	15.8%
Consumer Cyclical	12.2%	12.2%
Consumer Defensive	7.7%	7.7%
Healthcare	4.2%	4.2%
Industrials	3.1%	3.1%
Utilities	1.4%	1.4%
Basic Materials	1.1%	1.1%
Energy	0.6%	0.6%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

ANXG.L vs. NASL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANXG.L

ANXG.L Risk / Return Rank: 78
ANXG.L Sharpe Ratio Rank: 87
ANXG.L Sortino Ratio Rank: 83
ANXG.L Omega Ratio Rank: 82
ANXG.L Calmar Ratio Rank: 75
ANXG.L Martin Ratio Rank: 62

NASL.L

NASL.L Risk / Return Rank: 78
NASL.L Sharpe Ratio Rank: 87
NASL.L Sortino Ratio Rank: 83
NASL.L Omega Ratio Rank: 82
NASL.L Calmar Ratio Rank: 76
NASL.L Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANXG.L vs. NASL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq-100 UCITS USD (ANXG.L) and Lyxor UCITS Nasdaq-100 D-EUR (NASL.L). 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.

	ANXG.L	NASL.L	Difference
Sharpe ratio: Return per unit of total volatility	2.85	2.85	0.00
Sortino ratio: Return per unit of downside risk	3.67	3.68	-0.01
Omega ratio: Gain probability vs. loss probability	1.48	1.49	0.00
Calmar ratio: Return relative to maximum drawdown	3.75	3.76	-0.01
Martin ratio: Return relative to average drawdown	10.95	10.99	-0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANXG.L vs. NASL.L - Sharpe Ratio Comparison

The current ANXG.L Sharpe Ratio is 2.85, which is comparable to the NASL.L Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of ANXG.L and NASL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANXG.L	NASL.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	2.85	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	1.00	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.18	1.05	+0.13

Drawdowns

ANXG.L vs. NASL.L - Drawdown Comparison

The maximum ANXG.L drawdown since its inception was -27.69%, roughly equal to the maximum NASL.L drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for ANXG.L and NASL.L.

Drawdown Indicators

	ANXG.L	NASL.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.69%	-27.49%	-0.20%
Max Drawdown (1Y) Largest decline over 1 year	-11.12%	-11.08%	-0.04%
Max Drawdown (3Y) Largest decline over 3 years	-24.54%	-24.53%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-27.69%	-27.49%	-0.20%
Max Drawdown (10Y) Largest decline over 10 years	-27.69%	—	—
Current Drawdown Current decline from peak	-0.64%	-0.74%	+0.10%
Average Drawdown Average peak-to-trough decline	-5.35%	-6.14%	+0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	3.80%	+0.01%

Volatility

ANXG.L vs. NASL.L - Volatility Comparison

Amundi Nasdaq-100 UCITS USD (ANXG.L) and Lyxor UCITS Nasdaq-100 D-EUR (NASL.L) have volatilities of 4.14% and 4.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANXG.L	NASL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	4.15%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.39%	10.24%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	14.63%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.12%	19.01%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.31%	19.90%	-0.59%

ANXG.L vs. NASL.L - Expense Ratio Comparison

ANXG.L has a 0.13% expense ratio, which is lower than NASL.L's 0.30% expense ratio.

Dividends

ANXG.L vs. NASL.L - Dividend Comparison

Neither ANXG.L nor NASL.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ANXG.L Amundi Nasdaq-100 UCITS USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NASL.L Lyxor UCITS Nasdaq-100 D-EUR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.69%	0.68%

Frequently Asked Questions

Can I hold both ANXG.L and NASL.L in my portfolio?

With a correlation of 0.99, ANXG.L and NASL.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ANXG.L or NASL.L?

On fees, ANXG.L is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANXG.L or NASL.L?

ANXG.L is cheaper with a 0.13% expense ratio, compared with 0.30% for NASL.L.

What is the main difference between ANXG.L and NASL.L?

ANXG.L tracks NASDAQ-100 Index, while NASL.L tracks Russell 1000 Growth TR USD. Their fees differ too: 0.13% for ANXG.L and 0.30% for NASL.L.