CN1G.DE vs. EFNL

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.DE) and iShares MSCI Finland ETF (EFNL).

CN1G.DE and EFNL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CN1G.DE is a passively managed fund by Amundi that tracks the performance of the MSCI Nordic Countries. It was launched on Mar 22, 2018. EFNL is a passively managed fund by iShares that tracks the performance of the MSCI Finland IMI 25/50 Index. It was launched on Jan 25, 2012. Both CN1G.DE and EFNL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CN1G.DE vs. EFNL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.DE) and iShares MSCI Finland ETF (EFNL). The values are adjusted to include any dividend payments, if applicable.

CN1G.DE vs. EFNL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CN1G.DE Amundi MSCI Nordic UCITS ETF EUR (C)	1.09%	6.68%	-1.91%	16.07%	-11.65%	28.09%	16.08%	24.66%	-8.29%	10.10%
EFNL iShares MSCI Finland ETF	5.77%	35.37%	0.97%	-3.11%	-12.16%	18.76%	10.28%	16.21%	-2.49%	8.56%

Different Trading Currencies

CN1G.DE is traded in EUR, while EFNL is traded in USD. To make them comparable, the EFNL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CN1G.DE achieves a 1.09% return, which is significantly lower than EFNL's 5.77% return. Over the past 10 years, CN1G.DE has underperformed EFNL with an annualized return of 7.94%, while EFNL has yielded a comparatively higher 8.63% annualized return.

CN1G.DE

• 1D: 2.07%
• 1M: -2.25%
• YTD: 1.09%
• 6M: 5.89%
• 1Y: 6.86%
• 3Y*: 5.31%
• 5Y*: 4.96%
• 10Y*: 7.94%

EFNL

• 1D: 1.59%
• 1M: 1.16%
• YTD: 5.77%
• 6M: 18.76%
• 1Y: 31.50%
• 3Y*: 11.39%
• 5Y*: 6.38%
• 10Y*: 8.63%

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

CN1G.DE vs. EFNL - Expense Ratio Comparison

CN1G.DE has a 0.25% expense ratio, which is lower than EFNL's 0.53% expense ratio.

EFNL

iShares MSCI Finland ETF

CN1G.DE

Amundi MSCI Nordic UCITS ETF EUR (C)

Return for Risk

CN1G.DE vs. EFNL — Risk / Return Rank

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

CN1G.DE

CN1G.DE Risk / Return Rank: 22
CN1G.DE Sharpe Ratio Rank: 21
CN1G.DE Sortino Ratio Rank: 20
CN1G.DE Omega Ratio Rank: 21
CN1G.DE Calmar Ratio Rank: 26
CN1G.DE Martin Ratio Rank: 23

EFNL

EFNL Risk / Return Rank: 93
EFNL Sharpe Ratio Rank: 93
EFNL Sortino Ratio Rank: 94
EFNL Omega Ratio Rank: 92
EFNL Calmar Ratio Rank: 93
EFNL Martin Ratio Rank: 95

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.

CN1G.DE vs. EFNL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.DE) and iShares MSCI Finland ETF (EFNL). 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.

	CN1G.DE	EFNL	Difference
Sharpe ratio Return per unit of total volatility	0.36	1.88	-1.51
Sortino ratio Return per unit of downside risk	0.59	2.54	-1.94
Omega ratio Gain probability vs. loss probability	1.08	1.36	-0.28
Calmar ratio Return relative to maximum drawdown	0.66	2.66	-2.00
Martin ratio Return relative to average drawdown	1.75	13.88	-12.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CN1G.DE vs. EFNL - Sharpe Ratio Comparison

The current CN1G.DE Sharpe Ratio is 0.36, which is lower than the EFNL Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of CN1G.DE and EFNL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CN1G.DE	EFNL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	1.88	-1.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.40	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.48	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.50	-0.07

Correlation

The correlation between CN1G.DE and EFNL is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CN1G.DE vs. EFNL - Dividend Comparison

CN1G.DE has not paid dividends to shareholders, while EFNL's dividend yield for the trailing twelve months is around 3.26%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CN1G.DE Amundi MSCI Nordic UCITS ETF EUR (C)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EFNL iShares MSCI Finland ETF	3.26%	3.40%	5.05%	4.31%	5.94%	2.29%	2.94%	5.70%	3.83%	3.30%	2.40%	1.57%

Drawdowns

CN1G.DE vs. EFNL - Drawdown Comparison

The maximum CN1G.DE drawdown since its inception was -32.36%, smaller than the maximum EFNL drawdown of -35.74%. Use the drawdown chart below to compare losses from any high point for CN1G.DE and EFNL.

Drawdown Indicators

	CN1G.DE	EFNL	Difference
Max Drawdown Largest peak-to-trough decline	-32.36%	-38.70%	+6.34%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-10.90%	-3.11%
Max Drawdown (5Y) Largest decline over 5 years	-26.67%	-38.70%	+12.03%
Max Drawdown (10Y) Largest decline over 10 years	-32.36%	-38.70%	+6.34%
Current Drawdown Current decline from peak	-8.43%	-3.13%	-5.30%
Average Drawdown Average peak-to-trough decline	-6.87%	-11.05%	+4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.22%	2.48%	+1.74%

Volatility

CN1G.DE vs. EFNL - Volatility Comparison

Amundi MSCI Nordic UCITS ETF EUR (C) (CN1G.DE) and iShares MSCI Finland ETF (EFNL) have volatilities of 6.04% and 6.03%, 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

	CN1G.DE	EFNL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	6.03%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	11.56%	11.42%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.91%	17.01%	+1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.45%	16.21%	+1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.04%	17.97%	-0.93%