CNDX.L vs. CSP1.L
Compare and contrast key facts about iShares NASDAQ 100 UCITS ETF (CNDX.L) and iShares Core S&P 500 UCITS ETF (CSP1.L).
CNDX.L and CSP1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNDX.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. CSP1.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010. Both CNDX.L and CSP1.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.L or CSP1.L.
Performance
CNDX.L vs. CSP1.L - Performance Comparison
Returns By Period
In the year-to-date period, CNDX.L achieves a 21.52% return, which is significantly lower than CSP1.L's 25.16% return. Over the past 10 years, CNDX.L has outperformed CSP1.L with an annualized return of 17.74%, while CSP1.L has yielded a comparatively lower 15.23% annualized return.
CNDX.L
21.52%
0.68%
10.53%
30.09%
20.19%
17.74%
CSP1.L
25.16%
3.69%
12.23%
29.89%
15.57%
15.23%
Key characteristics
| CNDX.L | CSP1.L | |
|---|---|---|
| Sharpe Ratio | 1.75 | 2.66 |
| Sortino Ratio | 2.39 | 3.79 |
| Omega Ratio | 1.32 | 1.51 |
| Calmar Ratio | 2.34 | 4.76 |
| Martin Ratio | 8.20 | 18.92 |
| Ulcer Index | 3.51% | 1.58% |
| Daily Std Dev | 16.41% | 11.18% |
| Max Drawdown | -35.17% | -25.48% |
| Current Drawdown | -2.94% | -1.22% |
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CNDX.L vs. CSP1.L - Expense Ratio Comparison
CNDX.L has a 0.33% expense ratio, which is higher than CSP1.L's 0.07% expense ratio.
Correlation
The correlation between CNDX.L and CSP1.L is 0.75, 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.
Risk-Adjusted Performance
CNDX.L vs. CSP1.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.L) and iShares Core S&P 500 UCITS ETF (CSP1.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.L vs. CSP1.L - Dividend Comparison
CNDX.L's dividend yield for the trailing twelve months is around 0.02%, while CSP1.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.02% | 0.05% | 0.06% | 0.03% | 0.04% | 0.07% | 0.06% | 0.30% | 0.16% | 0.16% | 0.19% | 0.16% |
CSP1.L iShares Core S&P 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CNDX.L vs. CSP1.L - Drawdown Comparison
The maximum CNDX.L drawdown since its inception was -35.17%, which is greater than CSP1.L's maximum drawdown of -25.48%. Use the drawdown chart below to compare losses from any high point for CNDX.L and CSP1.L. For additional features, visit the drawdowns tool.
Volatility
CNDX.L vs. CSP1.L - Volatility Comparison
iShares NASDAQ 100 UCITS ETF (CNDX.L) has a higher volatility of 5.40% compared to iShares Core S&P 500 UCITS ETF (CSP1.L) at 3.67%. This indicates that CNDX.L's price experiences larger fluctuations and is considered to be riskier than CSP1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.