CNDX.AS vs. CU71.L
CNDX.AS (iShares NASDAQ 100 UCITS ETF) and CU71.L (iShares USD Treasury Bond 3-7yr UCITS ETF (Acc)) are both exchange-traded funds - CNDX.AS is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while CU71.L is a Government Bonds fund tracking the ICE U.S. Treasury 3-7 Year Bond Index. Both are passively managed. Over the past 10 years, CNDX.AS returned 21.38%/yr vs 1.14%/yr for CU71.L. At a 0.12 correlation, their price movements are largely independent. CNDX.AS charges 0.36%/yr vs 0.07%/yr for CU71.L.
Performance
CNDX.AS vs. CU71.L - Performance Comparison
Loading charts...
Different Trading Currencies
CNDX.AS is traded in EUR, while CU71.L is traded in GBp. To make them comparable, the CU71.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CNDX.AS achieves a 21.89% return, which is significantly higher than CU71.L's 0.56% return. Over the past 10 years, CNDX.AS has outperformed CU71.L with an annualized return of 21.38%, while CU71.L has yielded a comparatively lower 1.14% annualized return.
CNDX.AS
- 1D
- 0.15%
- 1M
- 11.52%
- YTD
- 21.89%
- 6M
- 20.33%
- 1Y
- 38.95%
- 3Y*
- 25.16%
- 5Y*
- 18.85%
- 10Y*
- 21.38%
CU71.L
- 1D
- -0.01%
- 1M
- 0.55%
- YTD
- 0.56%
- 6M
- 0.18%
- 1Y
- 1.37%
- 3Y*
- 0.90%
- 5Y*
- 1.30%
- 10Y*
- 1.14%
CNDX.AS vs. CU71.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNDX.AS iShares NASDAQ 100 UCITS ETF | 21.89% | 6.16% | 35.29% | 50.41% | -29.90% | 38.80% | 35.83% | 40.51% | 4.53% | 16.12% |
CU71.L iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) | 0.56% | -5.29% | 8.78% | 0.65% | -3.78% | 5.33% | -2.29% | 9.30% | 5.71% | -11.39% |
Correlation
The correlation between CNDX.AS and CU71.L is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2013 | 0.12 |
The correlation between CNDX.AS and CU71.L shifts across timeframes, from -0.02 (5 years) to 0.12 (all time), reflecting how their relationship changes across market environments.
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
CNDX.AS vs. CU71.L — Risk / Return Rank
CNDX.AS
CU71.L
CNDX.AS vs. CU71.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.AS) and iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) (CU71.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.
| CNDX.AS | CU71.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.04 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.82 | 0.31 | +3.51 |
| Martin ratioReturn relative to average drawdown | 11.35 | 0.77 | +10.58 |
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
| CNDX.AS | CU71.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 0.22 | +2.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.16 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | 0.14 | +0.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.28 | +0.75 |
Drawdowns
CNDX.AS vs. CU71.L - Drawdown Comparison
The maximum CNDX.AS drawdown since its inception was -31.21%, which is greater than CU71.L's maximum drawdown of -16.85%. Use the drawdown chart below to compare losses from any high point for CNDX.AS and CU71.L.
Loading charts...
Drawdown Indicators
| CNDX.AS | CU71.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.21% | -16.85% | -14.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.06% | -3.92% | -6.14% |
Max Drawdown (3Y)Largest decline over 3 years | -26.57% | -10.10% | -16.47% |
Max Drawdown (5Y)Largest decline over 5 years | -31.21% | -12.30% | -18.91% |
Max Drawdown (10Y)Largest decline over 10 years | -31.21% | -16.85% | -14.36% |
Current DrawdownCurrent decline from peak | 0.00% | -6.86% | +6.86% |
Average DrawdownAverage peak-to-trough decline | -5.45% | -6.49% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 1.57% | +1.83% |
Volatility
CNDX.AS vs. CU71.L - Volatility Comparison
iShares NASDAQ 100 UCITS ETF (CNDX.AS) has a higher volatility of 4.25% compared to iShares USD Treasury Bond 3-7yr UCITS ETF (Acc) (CU71.L) at 1.13%. This indicates that CNDX.AS's price experiences larger fluctuations and is considered to be riskier than CU71.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CNDX.AS | CU71.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.25% | 1.13% | +3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.70% | 3.95% | +6.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 5.59% | +9.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 8.00% | +11.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.61% | 8.01% | +11.60% |
CNDX.AS vs. CU71.L - Expense Ratio Comparison
CNDX.AS has a 0.36% expense ratio, which is higher than CU71.L's 0.07% expense ratio.
Dividends
CNDX.AS vs. CU71.L - Dividend Comparison
Neither CNDX.AS nor CU71.L has paid dividends to shareholders.
Frequently Asked Questions
CNDX.AS and CU71.L have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CU71.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CU71.L is cheaper with a 0.07% expense ratio, compared with 0.36% for CNDX.AS.
CNDX.AS is categorized as Nasdaq-100, while CU71.L is Government Bonds. CNDX.AS tracks NASDAQ-100 Index, while CU71.L tracks ICE U.S. Treasury 3-7 Year Bond Index. Their fees differ too: 0.36% for CNDX.AS and 0.07% for CU71.L.
Find the right allocation for CNDX.AS and CU71.L
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