CNDX.L vs. 2B76.DE
CNDX.L (iShares NASDAQ 100 UCITS ETF) and 2B76.DE (iShares Automation & Robotics UCITS ETF) are both exchange-traded funds - CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while 2B76.DE is a Robotics fund tracking the iSTOXX® FactSet Automation & Robotics. Both are passively managed. Over the past 5 years, CNDX.L returned 16.67%/yr vs 10.51%/yr for 2B76.DE. Their correlation of 0.80 suggests significant overlap in exposure. CNDX.L charges 0.33%/yr vs 0.40%/yr for 2B76.DE.
Performance
CNDX.L vs. 2B76.DE - Performance Comparison
Loading charts...
Different Trading Currencies
CNDX.L is traded in USD, while 2B76.DE is traded in EUR. To make them comparable, the 2B76.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CNDX.L achieves a 16.86% return, which is significantly lower than 2B76.DE's 27.18% return.
CNDX.L
- 1D
- 3.01%
- 1M
- 0.15%
- YTD
- 16.86%
- 6M
- 18.12%
- 1Y
- 36.58%
- 3Y*
- 26.24%
- 5Y*
- 16.67%
- 10Y*
- 21.60%
2B76.DE
- 1D
- 3.88%
- 1M
- 2.72%
- YTD
- 27.18%
- 6M
- 27.63%
- 1Y
- 44.27%
- 3Y*
- 20.04%
- 5Y*
- 10.51%
- 10Y*
- —
CNDX.L vs. 2B76.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 16.86% | 19.75% | 26.42% | 56.22% | -33.49% | 27.92% | 48.25% | 37.96% | -1.08% | 31.91% |
2B76.DE iShares Automation & Robotics UCITS ETF | 27.18% | 17.98% | 5.71% | 39.27% | -34.83% | 21.80% | 38.47% | 38.93% | -19.49% | 47.71% |
Correlation
The correlation between CNDX.L and 2B76.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2016 | 0.80 |
The correlation between CNDX.L and 2B76.DE has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.
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.L vs. 2B76.DE — Risk / Return Rank
CNDX.L
2B76.DE
CNDX.L vs. 2B76.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.L) and iShares Automation & Robotics UCITS ETF (2B76.DE). 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.
| CNDX.L | 2B76.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.31 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | 2.75 | +0.49 |
| Martin ratioReturn relative to average drawdown | 11.35 | 9.45 | +1.90 |
Loading charts...
Drawdowns
CNDX.L vs. 2B76.DE - Drawdown Comparison
The maximum CNDX.L drawdown since its inception was -35.21%, smaller than the maximum 2B76.DE drawdown of -44.48%. Use the drawdown chart below to compare losses from any high point for CNDX.L and 2B76.DE.
Loading charts...
Drawdown Indicators
| CNDX.L | 2B76.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.21% | -44.48% | +9.27% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -15.34% | +4.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.44% | -25.93% | +3.49% |
Max Drawdown (5Y)Largest decline over 5 years | -35.21% | -44.48% | +9.27% |
Max Drawdown (10Y)Largest decline over 10 years | -35.21% | — | — |
Current DrawdownCurrent decline from peak | -3.08% | -1.32% | -1.76% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -11.46% | +6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 4.48% | -1.33% |
Volatility
CNDX.L vs. 2B76.DE - Volatility Comparison
The current volatility for iShares NASDAQ 100 UCITS ETF (CNDX.L) is 6.21%, while iShares Automation & Robotics UCITS ETF (2B76.DE) has a volatility of 9.33%. This indicates that CNDX.L experiences smaller price fluctuations and is considered to be less risky than 2B76.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CNDX.L | 2B76.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.21% | 9.33% | -3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 19.02% | -6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.44% | 23.22% | -6.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.99% | 23.49% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.12% | 23.32% | -3.20% |
CNDX.L vs. 2B76.DE - Expense Ratio Comparison
CNDX.L has a 0.33% expense ratio, which is lower than 2B76.DE's 0.40% expense ratio.
Dividends
CNDX.L vs. 2B76.DE - Dividend Comparison
Neither CNDX.L nor 2B76.DE has paid dividends to shareholders.
Frequently Asked Questions
CNDX.L and 2B76.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNDX.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNDX.L is cheaper with a 0.33% expense ratio, compared with 0.40% for 2B76.DE.
CNDX.L is categorized as Nasdaq-100, while 2B76.DE is Robotics. CNDX.L tracks NASDAQ-100 Index, while 2B76.DE tracks iSTOXX® FactSet Automation & Robotics. Their fees differ too: 0.33% for CNDX.L and 0.40% for 2B76.DE.
Find the right allocation for CNDX.L and 2B76.DE
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