CNDX.L vs. DTLA.L
CNDX.L (iShares NASDAQ 100 UCITS ETF) and DTLA.L (iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc)) are both exchange-traded funds - CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while DTLA.L is a Government Bonds fund tracking the ICE US Treasury 20+ Year Index. Both are passively managed. Over the past 5 years, CNDX.L returned 16.76%/yr vs -6.50%/yr for DTLA.L. At a correlation of -0.06, they often move in opposite directions. CNDX.L charges 0.33%/yr vs 0.07%/yr for DTLA.L.
Performance
CNDX.L vs. DTLA.L - Performance Comparison
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Returns By Period
In the year-to-date period, CNDX.L achieves a 16.32% return, which is significantly higher than DTLA.L's -1.94% return.
CNDX.L
- 1D
- -0.36%
- 1M
- 1.61%
- YTD
- 16.32%
- 6M
- 15.48%
- 1Y
- 36.18%
- 3Y*
- 27.08%
- 5Y*
- 16.76%
- 10Y*
- 21.32%
DTLA.L
- 1D
- -0.44%
- 1M
- -1.08%
- YTD
- -1.94%
- 6M
- -0.87%
- 1Y
- 3.64%
- 3Y*
- -1.76%
- 5Y*
- -6.50%
- 10Y*
- —
CNDX.L vs. DTLA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 16.32% | 19.75% | 26.42% | 56.22% | -33.49% | 27.92% | 48.25% | 37.96% | -8.14% |
DTLA.L iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) | -1.94% | 4.49% | -6.90% | 1.69% | -30.29% | -4.46% | 17.00% | 15.69% | 3.65% |
Correlation
The correlation between CNDX.L and DTLA.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 11, 2018 | -0.06 |
The correlation between CNDX.L and DTLA.L shifts across timeframes, from -0.06 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CNDX.L vs. DTLA.L — Risk / Return Rank
CNDX.L
DTLA.L
CNDX.L vs. DTLA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.L) and iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.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.L | DTLA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.89 | ||
| Sortino ratioReturn per unit of downside risk | +2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.07 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 0.48 | +2.79 |
| Martin ratioReturn relative to average drawdown | 11.72 | 1.23 | +10.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CNDX.L | DTLA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.25 | 0.36 | +1.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | -0.44 | +1.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | -0.08 | +1.11 |
Drawdowns
CNDX.L vs. DTLA.L - Drawdown Comparison
The maximum CNDX.L drawdown since its inception was -35.21%, smaller than the maximum DTLA.L drawdown of -48.41%. Use the drawdown chart below to compare losses from any high point for CNDX.L and DTLA.L.
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Drawdown Indicators
| CNDX.L | DTLA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.21% | -48.41% | +13.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -7.50% | -3.50% |
Max Drawdown (3Y)Largest decline over 3 years | -22.44% | -18.57% | -3.87% |
Max Drawdown (5Y)Largest decline over 5 years | -35.21% | -42.80% | +7.59% |
Max Drawdown (10Y)Largest decline over 10 years | -35.21% | — | — |
Current DrawdownCurrent decline from peak | -3.53% | -41.04% | +37.51% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -24.04% | +18.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.94% | +0.14% |
Volatility
CNDX.L vs. DTLA.L - Volatility Comparison
iShares NASDAQ 100 UCITS ETF (CNDX.L) has a higher volatility of 5.44% compared to iShares USD Treasury Bond 20+yr UCITS ETF USD (Acc) (DTLA.L) at 3.46%. This indicates that CNDX.L's price experiences larger fluctuations and is considered to be riskier than DTLA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNDX.L | DTLA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 3.46% | +1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 12.12% | 6.77% | +5.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 10.03% | +6.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.93% | 14.96% | +5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.09% | 14.80% | +5.29% |
CNDX.L vs. DTLA.L - Expense Ratio Comparison
CNDX.L has a 0.33% expense ratio, which is higher than DTLA.L's 0.07% expense ratio.
Dividends
CNDX.L vs. DTLA.L - Dividend Comparison
Neither CNDX.L nor DTLA.L has paid dividends to shareholders.
Frequently Asked Questions
CNDX.L and DTLA.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DTLA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DTLA.L is cheaper with a 0.07% expense ratio, compared with 0.33% for CNDX.L.
CNDX.L is categorized as Nasdaq-100, while DTLA.L is Government Bonds. CNDX.L tracks NASDAQ-100 Index, while DTLA.L tracks ICE US Treasury 20+ Year Index. Their fees differ too: 0.33% for CNDX.L and 0.07% for DTLA.L.
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