CSNDX.MI vs. EQAC.MI
CSNDX.MI (iShares NASDAQ 100 UCITS ETF USD (Acc)) and EQAC.MI (Invesco EQQQ NASDAQ-100 UCITS ETF Acc) are both Nasdaq-100 funds tracking the NASDAQ-100 Index, from iShares and Invesco respectively. Both are passively managed. Over the past 5 years, CSNDX.MI returned 18.66%/yr vs 18.68%/yr for EQAC.MI. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.30% expense ratio.
Performance
CSNDX.MI vs. EQAC.MI - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with CSNDX.MI having a 20.42% return and EQAC.MI slightly lower at 20.38%.
CSNDX.MI
- 1D
- -0.81%
- 1M
- 9.28%
- YTD
- 20.42%
- 6M
- 19.45%
- 1Y
- 37.69%
- 3Y*
- 24.49%
- 5Y*
- 18.66%
- 10Y*
- 21.25%
EQAC.MI
- 1D
- -0.78%
- 1M
- 9.28%
- YTD
- 20.38%
- 6M
- 19.41%
- 1Y
- 37.86%
- 3Y*
- 24.54%
- 5Y*
- 18.68%
- 10Y*
- —
CSNDX.MI vs. EQAC.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CSNDX.MI iShares NASDAQ 100 UCITS ETF USD (Acc) | 20.42% | 6.74% | 35.09% | 50.07% | -30.24% | 39.83% | 35.45% | 6.98% |
EQAC.MI Invesco EQQQ NASDAQ-100 UCITS ETF Acc | 20.38% | 6.78% | 35.08% | 50.29% | -30.28% | 40.00% | 35.43% | 6.99% |
Correlation
The correlation between CSNDX.MI and EQAC.MI is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2019 | 0.97 |
The correlation between CSNDX.MI and EQAC.MI has been stable across timeframes, ranging from 0.97 to 0.99 - 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
CSNDX.MI vs. EQAC.MI — Risk / Return Rank
CSNDX.MI
EQAC.MI
CSNDX.MI vs. EQAC.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF USD (Acc) (CSNDX.MI) and Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI). 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.
| CSNDX.MI | EQAC.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.43 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 3.79 | 0.00 |
| Martin ratioReturn relative to average drawdown | 11.18 | 11.32 | -0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CSNDX.MI | EQAC.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | 2.46 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.94 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 1.05 | +0.02 |
Drawdowns
CSNDX.MI vs. EQAC.MI - Drawdown Comparison
The maximum CSNDX.MI drawdown since its inception was -31.19%, roughly equal to the maximum EQAC.MI drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for CSNDX.MI and EQAC.MI.
Loading charts...
Drawdown Indicators
| CSNDX.MI | EQAC.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.19% | -30.96% | -0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -9.99% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -26.71% | -26.69% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -31.19% | -30.96% | -0.23% |
Max Drawdown (10Y)Largest decline over 10 years | -31.19% | — | — |
Current DrawdownCurrent decline from peak | -0.81% | -0.78% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -5.43% | -7.27% | +1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.37% | 3.34% | +0.03% |
Volatility
CSNDX.MI vs. EQAC.MI - Volatility Comparison
iShares NASDAQ 100 UCITS ETF USD (Acc) (CSNDX.MI) and Invesco EQQQ NASDAQ-100 UCITS ETF Acc (EQAC.MI) have volatilities of 4.28% and 4.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSNDX.MI | EQAC.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.28% | 4.33% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.79% | 10.80% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.61% | 15.42% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.79% | 19.67% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.61% | 21.23% | -1.62% |
CSNDX.MI vs. EQAC.MI - Expense Ratio Comparison
Both CSNDX.MI and EQAC.MI have an expense ratio of 0.30%.
Dividends
CSNDX.MI vs. EQAC.MI - Dividend Comparison
Neither CSNDX.MI nor EQAC.MI has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, CSNDX.MI and EQAC.MI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CSNDX.MI and EQAC.MI have the same expense ratio: 0.30% per year.
Both ETFs track NASDAQ-100 Index. They also come from different issuers: iShares and Invesco.
Find the right allocation for CSNDX.MI and EQAC.MI
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