CNDX.AS vs. TSLA
Compare and contrast key facts about iShares NASDAQ 100 UCITS ETF (CNDX.AS) and Tesla, Inc. (TSLA).
CNDX.AS is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNDX.AS or TSLA.
Key characteristics
CNDX.AS | TSLA | |
---|---|---|
YTD Return | 8.91% | -26.24% |
1Y Return | 39.20% | 13.25% |
3Y Return (Ann) | 12.81% | -8.16% |
5Y Return (Ann) | 19.15% | 62.49% |
10Y Return (Ann) | 20.64% | 29.34% |
Sharpe Ratio | 2.53 | 0.23 |
Daily Std Dev | 15.06% | 51.21% |
Max Drawdown | -31.21% | -73.63% |
Current Drawdown | -3.03% | -55.29% |
Correlation
The correlation between CNDX.AS and TSLA is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CNDX.AS vs. TSLA - Performance Comparison
In the year-to-date period, CNDX.AS achieves a 8.91% return, which is significantly higher than TSLA's -26.24% return. Over the past 10 years, CNDX.AS has underperformed TSLA with an annualized return of 20.64%, while TSLA has yielded a comparatively higher 29.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CNDX.AS vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.AS) and Tesla, Inc. (TSLA). 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.
Dividends
CNDX.AS vs. TSLA - Dividend Comparison
Neither CNDX.AS nor TSLA has paid dividends to shareholders.
Drawdowns
CNDX.AS vs. TSLA - Drawdown Comparison
The maximum CNDX.AS drawdown since its inception was -31.21%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for CNDX.AS and TSLA. For additional features, visit the drawdowns tool.
Volatility
CNDX.AS vs. TSLA - Volatility Comparison
The current volatility for iShares NASDAQ 100 UCITS ETF (CNDX.AS) is 5.15%, while Tesla, Inc. (TSLA) has a volatility of 24.01%. This indicates that CNDX.AS experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.