CNX1.L vs. LYP6.DE
CNX1.L (iShares NASDAQ 100 UCITS ETF USD (Acc)) and LYP6.DE (Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc) are both exchange-traded funds - CNX1.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while LYP6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, CNX1.L returned 22.20%/yr vs 10.94%/yr for LYP6.DE. A 0.56 correlation means they provide meaningful diversification when combined. CNX1.L charges 0.36%/yr vs 0.07%/yr for LYP6.DE.
Performance
CNX1.L vs. LYP6.DE - Performance Comparison
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Different Trading Currencies
CNX1.L is traded in GBp, while LYP6.DE is traded in EUR. To make them comparable, the LYP6.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CNX1.L achieves a 17.14% return, which is significantly higher than LYP6.DE's 7.81% return. Over the past 10 years, CNX1.L has outperformed LYP6.DE with an annualized return of 22.20%, while LYP6.DE has yielded a comparatively lower 10.94% annualized return.
CNX1.L
- 1D
- 2.47%
- 1M
- 0.58%
- YTD
- 17.14%
- 6M
- 17.43%
- 1Y
- 38.31%
- 3Y*
- 23.65%
- 5Y*
- 17.86%
- 10Y*
- 22.20%
LYP6.DE
- 1D
- 1.88%
- 1M
- 2.03%
- YTD
- 7.81%
- 6M
- 9.68%
- 1Y
- 21.17%
- 3Y*
- 14.55%
- 5Y*
- 9.93%
- 10Y*
- 10.94%
CNX1.L vs. LYP6.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNX1.L iShares NASDAQ 100 UCITS ETF USD (Acc) | 17.14% | 11.57% | 28.51% | 47.71% | -25.53% | 29.50% | 43.24% | 33.63% | 4.62% | 20.13% |
LYP6.DE Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 7.81% | 27.11% | 3.53% | 13.65% | -5.50% | 16.00% | 3.83% | 21.90% | -10.03% | 16.07% |
Correlation
The correlation between CNX1.L and LYP6.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2013 | 0.57 |
The correlation between CNX1.L and LYP6.DE shifts across timeframes, from 0.42 (3 years) to 0.57 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
CNX1.L vs. LYP6.DE — Risk / Return Rank
CNX1.L
LYP6.DE
CNX1.L vs. LYP6.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L) and Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.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.
| CNX1.L | LYP6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.29 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 1.93 | +1.46 |
| Martin ratioReturn relative to average drawdown | 9.86 | 7.10 | +2.76 |
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Drawdowns
CNX1.L vs. LYP6.DE - Drawdown Comparison
The maximum CNX1.L drawdown since its inception was -27.56%, roughly equal to the maximum LYP6.DE drawdown of -27.65%. Use the drawdown chart below to compare losses from any high point for CNX1.L and LYP6.DE.
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Drawdown Indicators
| CNX1.L | LYP6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.56% | -27.65% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -10.41% | -0.62% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -13.78% | -10.78% |
Max Drawdown (5Y)Largest decline over 5 years | -27.56% | -16.91% | -10.65% |
Max Drawdown (10Y)Largest decline over 10 years | -27.56% | -27.65% | +0.09% |
Current DrawdownCurrent decline from peak | -2.87% | -0.17% | -2.70% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -4.12% | -0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 2.84% | +0.96% |
Volatility
CNX1.L vs. LYP6.DE - Volatility Comparison
iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L) has a higher volatility of 5.76% compared to Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc (LYP6.DE) at 4.02%. This indicates that CNX1.L's price experiences larger fluctuations and is considered to be riskier than LYP6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNX1.L | LYP6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.76% | 4.02% | +1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 11.22% | 10.72% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.31% | 12.65% | +2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.31% | 14.29% | +16.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.51% | 15.20% | +10.31% |
CNX1.L vs. LYP6.DE - Expense Ratio Comparison
CNX1.L has a 0.36% expense ratio, which is higher than LYP6.DE's 0.07% expense ratio.
Dividends
CNX1.L vs. LYP6.DE - Dividend Comparison
Neither CNX1.L nor LYP6.DE has paid dividends to shareholders.
Frequently Asked Questions
CNX1.L and LYP6.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYP6.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYP6.DE is cheaper with a 0.07% expense ratio, compared with 0.36% for CNX1.L.
CNX1.L is categorized as Nasdaq-100, while LYP6.DE is Europe Equities. CNX1.L tracks NASDAQ-100 Index, while LYP6.DE tracks STOXX® Europe 600. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.36% for CNX1.L and 0.07% for LYP6.DE.
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