CSPX.L vs. NQSE.DE
CSPX.L (iShares Core S&P 500 UCITS ETF USD (Acc)) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - CSPX.L is a S&P 500 fund tracking the S&P 500 Index, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, CSPX.L returned 13.23%/yr vs 13.00%/yr for NQSE.DE. Their correlation of 0.86 suggests significant overlap in exposure. CSPX.L charges 0.07%/yr vs 0.33%/yr for NQSE.DE.
Performance
CSPX.L vs. NQSE.DE - Performance Comparison
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Different Trading Currencies
CSPX.L is traded in USD, while NQSE.DE is traded in EUR. To make them comparable, the NQSE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSPX.L achieves a 8.40% return, which is significantly lower than NQSE.DE's 13.35% return.
CSPX.L
- 1D
- 2.02%
- 1M
- -0.83%
- YTD
- 8.40%
- 6M
- 9.68%
- 1Y
- 24.86%
- 3Y*
- 20.75%
- 5Y*
- 13.23%
- 10Y*
- 15.24%
NQSE.DE
- 1D
- 3.05%
- 1M
- -0.77%
- YTD
- 13.35%
- 6M
- 15.11%
- 1Y
- 33.52%
- 3Y*
- 26.59%
- 5Y*
- 13.00%
- 10Y*
- —
CSPX.L vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CSPX.L iShares Core S&P 500 UCITS ETF USD (Acc) | 8.40% | 17.45% | 25.25% | 26.74% | -18.72% | 29.35% | 17.62% | 30.55% | -12.53% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 13.35% | 33.43% | 16.93% | 56.96% | -39.78% | 17.33% | 59.37% | 32.76% | -17.06% |
Correlation
The correlation between CSPX.L and NQSE.DE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.86 |
The correlation between CSPX.L and NQSE.DE has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.
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Return for Risk
CSPX.L vs. NQSE.DE — Risk / Return Rank
CSPX.L
NQSE.DE
CSPX.L vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) and iShares NASDAQ 100 UCITS ETF (NQSE.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.
| CSPX.L | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.29 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 2.12 | +0.86 |
| Martin ratioReturn relative to average drawdown | 12.45 | 7.59 | +4.85 |
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Drawdowns
CSPX.L vs. NQSE.DE - Drawdown Comparison
The maximum CSPX.L drawdown since its inception was -33.90%, smaller than the maximum NQSE.DE drawdown of -46.26%. Use the drawdown chart below to compare losses from any high point for CSPX.L and NQSE.DE.
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Drawdown Indicators
| CSPX.L | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.90% | -46.26% | +12.36% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -15.24% | +7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -18.50% | -19.28% | +0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -46.26% | +21.87% |
Max Drawdown (10Y)Largest decline over 10 years | -33.90% | — | — |
Current DrawdownCurrent decline from peak | -2.27% | -3.62% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -10.24% | +6.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 4.26% | -2.30% |
Volatility
CSPX.L vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) is 4.01%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 6.62%. This indicates that CSPX.L experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSPX.L | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 6.62% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 14.48% | -5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.04% | 18.56% | -6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 23.91% | -7.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 23.99% | -7.77% |
CSPX.L vs. NQSE.DE - Expense Ratio Comparison
CSPX.L has a 0.07% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
CSPX.L vs. NQSE.DE - Dividend Comparison
Neither CSPX.L nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
CSPX.L and NQSE.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSPX.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSPX.L is cheaper with a 0.07% expense ratio, compared with 0.33% for NQSE.DE.
CSPX.L is categorized as S&P 500, while NQSE.DE is Nasdaq-100. CSPX.L tracks S&P 500 Index, while NQSE.DE tracks NASDAQ-100 Index. They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.07% for CSPX.L and 0.33% for NQSE.DE.
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