APJX.DE vs. NQSE.DE
APJX.DE (iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - APJX.DE is a Asia Pacific Equities fund tracking the MSCI Pacific ex Japan ESG Enhanced Focus, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, APJX.DE returned 7.63%/yr vs 25.27%/yr for NQSE.DE. A 0.57 correlation means they provide meaningful diversification when combined. APJX.DE charges 0.20%/yr vs 0.33%/yr for NQSE.DE.
Performance
APJX.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, APJX.DE achieves a 5.20% return, which is significantly lower than NQSE.DE's 17.82% return.
APJX.DE
- 1D
- -0.66%
- 1M
- -1.60%
- YTD
- 5.20%
- 6M
- 6.14%
- 1Y
- 8.80%
- 3Y*
- 7.63%
- 5Y*
- —
- 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*
- —
APJX.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
APJX.DE iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc | 5.20% | 5.91% | 11.45% | 0.12% | -6.30% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -30.29% |
Correlation
The correlation between APJX.DE and NQSE.DE is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2022 | 0.57 |
The correlation between APJX.DE and NQSE.DE has been stable across timeframes, ranging from 0.53 to 0.57 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
APJX.DE vs. NQSE.DE — Risk / Return Rank
APJX.DE
NQSE.DE
APJX.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.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.
| APJX.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.39 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 3.08 | -2.04 |
| Martin ratioReturn relative to average drawdown | 2.88 | 10.77 | -7.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| APJX.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 2.28 | -1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.82 | -0.57 |
Drawdowns
APJX.DE vs. NQSE.DE - Drawdown Comparison
The maximum APJX.DE drawdown since its inception was -19.95%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for APJX.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| APJX.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.95% | -37.67% | +17.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.45% | -11.87% | +3.42% |
Max Drawdown (3Y)Largest decline over 3 years | -19.95% | -22.40% | +2.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.67% | — |
Current DrawdownCurrent decline from peak | -5.71% | -0.84% | -4.87% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -8.56% | +2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 3.40% | -0.35% |
Volatility
APJX.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares MSCI Pacific ex-Japan ESG Enhanced UCITS ETF USD Acc (APJX.DE) is 2.92%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that APJX.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.
Loading charts...
Volatility by Period
| APJX.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | 4.75% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.89% | 11.99% | -2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.61% | 16.05% | -3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.89% | 20.91% | -6.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.89% | 21.54% | -6.65% |
APJX.DE vs. NQSE.DE - Expense Ratio Comparison
APJX.DE has a 0.20% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
APJX.DE vs. NQSE.DE - Dividend Comparison
Neither APJX.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
APJX.DE and NQSE.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, APJX.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
APJX.DE is cheaper with a 0.20% expense ratio, compared with 0.33% for NQSE.DE.
APJX.DE is categorized as Asia Pacific Equities, while NQSE.DE is Nasdaq-100. APJX.DE tracks MSCI Pacific ex Japan ESG Enhanced Focus, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.20% for APJX.DE and 0.33% for NQSE.DE.
Find the right allocation for APJX.DE and NQSE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer