CNDX.L vs. VGT
Compare and contrast key facts about iShares NASDAQ 100 UCITS ETF (CNDX.L) and Vanguard Information Technology ETF (VGT).
CNDX.L and VGT 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. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004. Both CNDX.L and VGT 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 VGT.
Performance
CNDX.L vs. VGT - Performance Comparison
Returns By Period
In the year-to-date period, CNDX.L achieves a 21.52% return, which is significantly lower than VGT's 25.23% return. Over the past 10 years, CNDX.L has underperformed VGT with an annualized return of 17.76%, while VGT has yielded a comparatively higher 20.52% annualized return.
CNDX.L
21.52%
1.72%
10.53%
30.35%
20.22%
17.76%
VGT
25.23%
0.64%
13.55%
33.20%
21.96%
20.52%
Key characteristics
| CNDX.L | VGT | |
|---|---|---|
| Sharpe Ratio | 1.75 | 1.60 |
| Sortino Ratio | 2.39 | 2.11 |
| Omega Ratio | 1.32 | 1.29 |
| Calmar Ratio | 2.34 | 2.20 |
| Martin Ratio | 8.20 | 7.92 |
| Ulcer Index | 3.51% | 4.23% |
| Daily Std Dev | 16.41% | 20.99% |
| Max Drawdown | -35.17% | -54.63% |
| Current Drawdown | -2.94% | -3.62% |
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CNDX.L vs. VGT - Expense Ratio Comparison
CNDX.L has a 0.33% expense ratio, which is higher than VGT's 0.10% expense ratio.
Correlation
The correlation between CNDX.L and VGT is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
CNDX.L vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (CNDX.L) and Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
CNDX.L's dividend yield for the trailing twelve months is around 0.02%, less than VGT's 0.62% yield.
| 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% |
VGT Vanguard Information Technology ETF | 0.62% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
CNDX.L vs. VGT - Drawdown Comparison
The maximum CNDX.L drawdown since its inception was -35.17%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for CNDX.L and VGT. For additional features, visit the drawdowns tool.
Volatility
CNDX.L vs. VGT - Volatility Comparison
The current volatility for iShares NASDAQ 100 UCITS ETF (CNDX.L) is 5.40%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.53%. This indicates that CNDX.L experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.