CNDX.AS vs. XDWT.L
Compare and contrast key facts about iShares NASDAQ 100 UCITS ETF (CNDX.AS) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L).
CNDX.AS and XDWT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XDWT.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 9, 2016. Both CNDX.AS and XDWT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNDX.AS or XDWT.L.
Key characteristics
| CNDX.AS | XDWT.L | |
|---|---|---|
| YTD Return | 31.40% | 31.79% |
| 1Y Return | 37.66% | 43.50% |
| 3Y Return (Ann) | 12.20% | 12.71% |
| 5Y Return (Ann) | 21.66% | 22.69% |
| Sharpe Ratio | 2.26 | 1.98 |
| Sortino Ratio | 2.96 | 2.60 |
| Omega Ratio | 1.42 | 1.35 |
| Calmar Ratio | 2.75 | 2.64 |
| Martin Ratio | 9.24 | 9.34 |
| Ulcer Index | 4.04% | 4.39% |
| Daily Std Dev | 16.47% | 20.70% |
| Max Drawdown | -31.21% | -35.99% |
| Current Drawdown | 0.00% | -0.17% |
Correlation
The correlation between CNDX.AS and XDWT.L is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CNDX.AS vs. XDWT.L - Performance Comparison
The year-to-date returns for both investments are quite close, with CNDX.AS having a 31.40% return and XDWT.L slightly higher at 31.79%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CNDX.AS vs. XDWT.L - Expense Ratio Comparison
CNDX.AS has a 0.36% expense ratio, which is higher than XDWT.L's 0.25% expense ratio.
Risk-Adjusted Performance
CNDX.AS vs. XDWT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.AS) and Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.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.
Dividends
CNDX.AS vs. XDWT.L - Dividend Comparison
Neither CNDX.AS nor XDWT.L has paid dividends to shareholders.
Drawdowns
CNDX.AS vs. XDWT.L - Drawdown Comparison
The maximum CNDX.AS drawdown since its inception was -31.21%, smaller than the maximum XDWT.L drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for CNDX.AS and XDWT.L. For additional features, visit the drawdowns tool.
Volatility
CNDX.AS vs. XDWT.L - Volatility Comparison
The current volatility for iShares NASDAQ 100 UCITS ETF (CNDX.AS) is 4.61%, while Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a volatility of 5.70%. This indicates that CNDX.AS experiences smaller price fluctuations and is considered to be less risky than XDWT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.