EEDS.L vs. CNDX.L
EEDS.L (iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist)) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - EEDS.L is a Large Cap Blend Equities fund tracking the MSCI USA ESG Enhanced CTB Index, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, EEDS.L returned 11.09%/yr vs 15.27%/yr for CNDX.L. Their correlation of 0.92 suggests significant overlap in exposure. EEDS.L charges 0.07%/yr vs 0.33%/yr for CNDX.L.
Performance
EEDS.L vs. CNDX.L - Performance Comparison
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Returns By Period
In the year-to-date period, EEDS.L achieves a 9.44% return, which is significantly lower than CNDX.L's 15.91% return.
EEDS.L
- 1D
- -0.05%
- 1M
- 0.08%
- 6M
- 9.44%
- YTD
- 9.44%
- 1Y
- 20.16%
- 3Y*
- 18.49%
- 5Y*
- 11.09%
- 10Y*
- —
CNDX.L
- 1D
- -0.67%
- 1M
- -3.48%
- 6M
- 16.01%
- YTD
- 15.91%
- 1Y
- 28.40%
- 3Y*
- 23.77%
- 5Y*
- 15.27%
- 10Y*
- 20.97%
EEDS.L vs. CNDX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EEDS.L iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) | 9.44% | 14.97% | 24.21% | 26.17% | -21.67% | 27.87% | 22.28% | 19.63% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 15.91% | 19.75% | 26.42% | 56.22% | -33.49% | 27.92% | 48.25% | 24.10% |
Correlation
The correlation between EEDS.L and CNDX.L is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.92 |
The correlation between EEDS.L and CNDX.L has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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Return for Risk
EEDS.L vs. CNDX.L — Risk / Return Rank
EEDS.L
CNDX.L
EEDS.L vs. CNDX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) (EEDS.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.
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.
| EEDS.L | CNDX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.29 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.57 | -0.23 |
| Martin ratioReturn relative to average drawdown | 9.44 | 8.61 | +0.82 |
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Drawdowns
EEDS.L vs. CNDX.L - Drawdown Comparison
The maximum EEDS.L drawdown since its inception was -33.60%, roughly equal to the maximum CNDX.L drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for EEDS.L and CNDX.L.
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Drawdown Indicators
| EEDS.L | CNDX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.60% | -35.21% | +1.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -11.00% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -22.44% | +2.85% |
Max Drawdown (5Y)Largest decline over 5 years | -27.26% | -35.21% | +7.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.21% | — |
Current DrawdownCurrent decline from peak | -0.46% | -3.87% | +3.41% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -5.12% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 3.29% | -1.03% |
Volatility
EEDS.L vs. CNDX.L - Volatility Comparison
The current volatility for iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) (EEDS.L) is 2.85%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 5.89%. This indicates that EEDS.L experiences smaller price fluctuations and is considered to be less risky 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
| EEDS.L | CNDX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.85% | 5.89% | -3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 13.78% | -4.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.47% | 17.32% | -4.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.53% | 21.15% | -4.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.82% | 20.13% | -2.31% |
EEDS.L vs. CNDX.L - Expense Ratio Comparison
EEDS.L has a 0.07% expense ratio, which is lower than CNDX.L's 0.33% expense ratio.
Dividends
EEDS.L vs. CNDX.L - Dividend Comparison
EEDS.L's dividend yield for the trailing twelve months is around 0.83%, while CNDX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEDS.L iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) | 0.83% | 0.89% | 1.00% | 1.15% | 1.42% | 1.01% | 1.24% | 1.07% |
Frequently Asked Questions
With a correlation of 0.91, EEDS.L and CNDX.L 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.
On fees, EEDS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDS.L is cheaper with a 0.07% expense ratio, compared with 0.33% for CNDX.L.
EEDS.L is categorized as Large Cap Blend Equities, while CNDX.L is Nasdaq-100. EEDS.L tracks MSCI USA ESG Enhanced CTB Index, while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.07% for EEDS.L and 0.33% for CNDX.L.
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