CYSE.L vs. ONEQ
Compare and contrast key facts about WisdomTree Cybersecurity UCITS ETF USD Acc (CYSE.L) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ).
CYSE.L and ONEQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CYSE.L is a passively managed fund by WisdomTree that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jan 25, 2021. ONEQ is a passively managed fund by Fidelity that tracks the performance of the NASDAQ Composite Index. It was launched on Sep 25, 2003. Both CYSE.L and ONEQ 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: CYSE.L or ONEQ.
Key characteristics
| CYSE.L | ONEQ | |
|---|---|---|
| YTD Return | 6.89% | 29.14% |
| 1Y Return | 27.95% | 40.88% |
| 3Y Return (Ann) | -1.59% | 8.15% |
| Sharpe Ratio | 1.19 | 2.52 |
| Sortino Ratio | 1.73 | 3.23 |
| Omega Ratio | 1.22 | 1.45 |
| Calmar Ratio | 1.08 | 3.31 |
| Martin Ratio | 2.23 | 12.60 |
| Ulcer Index | 12.02% | 3.47% |
| Daily Std Dev | 22.46% | 17.33% |
| Max Drawdown | -46.67% | -55.09% |
| Current Drawdown | -5.09% | 0.00% |
Correlation
The correlation between CYSE.L and ONEQ is 0.52, 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.
Performance
CYSE.L vs. ONEQ - Performance Comparison
In the year-to-date period, CYSE.L achieves a 6.89% return, which is significantly lower than ONEQ's 29.14% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CYSE.L vs. ONEQ - Expense Ratio Comparison
CYSE.L has a 0.45% expense ratio, which is higher than ONEQ's 0.21% expense ratio.
Risk-Adjusted Performance
CYSE.L vs. ONEQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cybersecurity UCITS ETF USD Acc (CYSE.L) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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
CYSE.L vs. ONEQ - Dividend Comparison
CYSE.L has not paid dividends to shareholders, while ONEQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CYSE.L WisdomTree Cybersecurity UCITS ETF USD Acc | 0.00% | 0.00% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ONEQ Fidelity NASDAQ Composite Index Tracking Stock | 0.60% | 0.71% | 0.97% | 0.54% | 0.71% | 1.64% | 1.08% | 0.84% | 1.12% | 1.04% | 1.19% | 0.84% |
Drawdowns
CYSE.L vs. ONEQ - Drawdown Comparison
The maximum CYSE.L drawdown since its inception was -46.67%, smaller than the maximum ONEQ drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for CYSE.L and ONEQ. For additional features, visit the drawdowns tool.
Volatility
CYSE.L vs. ONEQ - Volatility Comparison
WisdomTree Cybersecurity UCITS ETF USD Acc (CYSE.L) has a higher volatility of 6.33% compared to Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) at 5.49%. This indicates that CYSE.L's price experiences larger fluctuations and is considered to be riskier than ONEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.