DLTM.L vs. CNDX.L
DLTM.L (iShares MSCI EM Latin America UCITS ETF) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - DLTM.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, DLTM.L returned 7.49%/yr vs 21.62%/yr for CNDX.L. At a 0.42 correlation, their price movements are largely independent. DLTM.L charges 0.74%/yr vs 0.33%/yr for CNDX.L.
Performance
DLTM.L vs. CNDX.L - Performance Comparison
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Returns By Period
In the year-to-date period, DLTM.L achieves a 9.93% return, which is significantly lower than CNDX.L's 19.65% return. Over the past 10 years, DLTM.L has underperformed CNDX.L with an annualized return of 7.49%, while CNDX.L has yielded a comparatively higher 21.62% annualized return.
DLTM.L
- 1D
- -0.71%
- 1M
- -7.84%
- YTD
- 9.93%
- 6M
- 8.15%
- 1Y
- 36.25%
- 3Y*
- 13.43%
- 5Y*
- 8.58%
- 10Y*
- 7.49%
CNDX.L
- 1D
- -0.66%
- 1M
- 8.52%
- YTD
- 19.65%
- 6M
- 19.10%
- 1Y
- 40.28%
- 3Y*
- 27.98%
- 5Y*
- 17.61%
- 10Y*
- 21.62%
DLTM.L vs. CNDX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLTM.L iShares MSCI EM Latin America UCITS ETF | 9.93% | 54.43% | -26.89% | 33.42% | 7.99% | -9.75% | -11.20% | 12.80% | -5.26% | 21.02% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 19.65% | 19.75% | 26.45% | 56.31% | -33.45% | 27.96% | 48.33% | 38.07% | -1.03% | 32.36% |
Correlation
The correlation between DLTM.L and CNDX.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2010 | 0.42 |
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Return for Risk
DLTM.L vs. CNDX.L — Risk / Return Rank
DLTM.L
CNDX.L
DLTM.L vs. CNDX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Latin America UCITS ETF (DLTM.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). 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.
| DLTM.L | CNDX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.43 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 3.61 | -0.68 |
| Martin ratioReturn relative to average drawdown | 8.45 | 13.03 | -4.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DLTM.L | CNDX.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 2.52 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.84 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 1.07 | -0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 1.12 | -1.07 |
Drawdowns
DLTM.L vs. CNDX.L - Drawdown Comparison
The maximum DLTM.L drawdown since its inception was -64.38%, which is greater than CNDX.L's maximum drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for DLTM.L and CNDX.L.
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Drawdown Indicators
| DLTM.L | CNDX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.38% | -35.17% | -29.21% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -11.00% | -1.31% |
Max Drawdown (3Y)Largest decline over 3 years | -27.83% | -22.44% | -5.39% |
Max Drawdown (5Y)Largest decline over 5 years | -29.02% | -35.17% | +6.15% |
Max Drawdown (10Y)Largest decline over 10 years | -54.87% | -35.17% | -19.70% |
Current DrawdownCurrent decline from peak | -12.31% | -0.76% | -11.55% |
Average DrawdownAverage peak-to-trough decline | -29.86% | -5.30% | -24.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 3.07% | +1.21% |
Volatility
DLTM.L vs. CNDX.L - Volatility Comparison
iShares MSCI EM Latin America UCITS ETF (DLTM.L) has a higher volatility of 6.11% compared to iShares NASDAQ 100 UCITS ETF (CNDX.L) at 4.90%. This indicates that DLTM.L's price experiences larger fluctuations and is considered to be riskier than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLTM.L | CNDX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 4.90% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 11.88% | +5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.22% | 15.79% | +4.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 20.87% | +1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.57% | 20.07% | +6.50% |
DLTM.L vs. CNDX.L - Expense Ratio Comparison
DLTM.L has a 0.74% expense ratio, which is higher than CNDX.L's 0.33% expense ratio.
Dividends
DLTM.L vs. CNDX.L - Dividend Comparison
DLTM.L's dividend yield for the trailing twelve months is around 3.50%, while CNDX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.02% | 0.05% | 0.06% | 0.03% | 0.04% | 0.07% | 0.06% | 0.30% | 0.16% | 0.16% |
DLTM.L iShares MSCI EM Latin America UCITS ETF | 3.50% | 3.54% | 5.77% | 4.23% | 6.82% | 3.20% | 1.66% | 2.31% | 2.17% | 1.47% | 1.44% | 2.98% |
Frequently Asked Questions
DLTM.L and CNDX.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNDX.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNDX.L is cheaper with a 0.33% expense ratio, compared with 0.74% for DLTM.L.
DLTM.L is categorized as Latin America Equities, while CNDX.L is Nasdaq-100. DLTM.L tracks MSCI EM Latin America NR USD, while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.74% for DLTM.L and 0.33% for CNDX.L.
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