CACX.L vs. ^NDX
CACX.L (Lyxor CAC 40 (DR) UCITS ETF - Dist) is Europe Equities fund tracking the Euronext Paris CAC 40 NR EUR, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, CACX.L returned 10.96%/yr vs 21.20%/yr for ^NDX. At a 0.33 correlation, their price movements are largely independent.
Performance
CACX.L vs. ^NDX - Performance Comparison
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Different Trading Currencies
CACX.L is traded in GBp, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CACX.L achieves a 4.40% return, which is significantly lower than ^NDX's 22.01% return. Over the past 10 years, CACX.L has underperformed ^NDX with an annualized return of 10.96%, while ^NDX has yielded a comparatively higher 21.20% annualized return.
CACX.L
- 1D
- 0.28%
- 1M
- 2.07%
- YTD
- 4.40%
- 6M
- 3.83%
- 1Y
- 13.13%
- 3Y*
- 7.43%
- 5Y*
- 8.17%
- 10Y*
- 10.96%
^NDX
- 1D
- 1.80%
- 1M
- 1.43%
- YTD
- 22.01%
- 6M
- 20.95%
- 1Y
- 38.42%
- 3Y*
- 24.14%
- 5Y*
- 16.67%
- 10Y*
- 21.20%
CACX.L vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CACX.L Lyxor CAC 40 (DR) UCITS ETF - Dist | 4.40% | 19.60% | -4.39% | 16.83% | -0.56% | 22.14% | 0.79% | 26.03% | -5.19% | 19.33% |
^NDX NASDAQ 100 Index | 22.01% | 11.61% | 27.06% | 46.12% | -25.00% | 27.83% | 43.25% | 32.72% | 4.83% | 20.14% |
Correlation
The correlation between CACX.L and ^NDX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.33 |
The correlation between CACX.L and ^NDX shifts across timeframes, from 0.23 (3 years) to 0.34 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
CACX.L vs. ^NDX — Risk / Return Rank
CACX.L
^NDX
CACX.L vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) and NASDAQ 100 Index (^NDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CACX.L | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.39 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 3.20 | -2.10 |
| Martin ratioReturn relative to average drawdown | 3.33 | 9.47 | -6.14 |
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Drawdowns
CACX.L vs. ^NDX - Drawdown Comparison
The maximum CACX.L drawdown since its inception was -54.68%, which is greater than ^NDX's maximum drawdown of -34.63%. Use the drawdown chart below to compare losses from any high point for CACX.L and ^NDX.
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Drawdown Indicators
| CACX.L | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.68% | -34.63% | -20.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.81% | -12.05% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -14.77% | -24.98% | +10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -19.36% | -28.43% | +9.07% |
Max Drawdown (10Y)Largest decline over 10 years | -32.83% | -28.43% | -4.40% |
Current DrawdownCurrent decline from peak | -1.85% | -0.66% | -1.19% |
Average DrawdownAverage peak-to-trough decline | -19.41% | -5.62% | -13.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 4.07% | -0.14% |
Volatility
CACX.L vs. ^NDX - Volatility Comparison
The current volatility for Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) is 2.82%, while NASDAQ 100 Index (^NDX) has a volatility of 8.91%. This indicates that CACX.L experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CACX.L | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 8.91% | -6.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.24% | 13.57% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.31% | 17.44% | -3.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 21.64% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.58% | 22.51% | -4.93% |
Frequently Asked Questions
CACX.L and ^NDX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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