EUN0.DE vs. NQSE.DE
EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - EUN0.DE is a Europe Equities fund tracking the MSCI Europe Minimum Volatility, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, EUN0.DE returned 7.36%/yr vs 14.91%/yr for NQSE.DE. At a 0.50 correlation, their price movements are largely independent. EUN0.DE charges 0.25%/yr vs 0.33%/yr for NQSE.DE.
Performance
EUN0.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUN0.DE achieves a 5.60% return, which is significantly lower than NQSE.DE's 17.82% return.
EUN0.DE
- 1D
- 0.54%
- 1M
- -0.19%
- YTD
- 5.60%
- 6M
- 7.10%
- 1Y
- 5.26%
- 3Y*
- 10.39%
- 5Y*
- 7.36%
- 10Y*
- 6.66%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
EUN0.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 5.60% | 12.27% | 11.42% | 10.79% | -13.21% | 21.54% | -4.02% | 24.17% | -6.35% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between EUN0.DE and NQSE.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.50 |
Over the past year, the correlation between EUN0.DE and NQSE.DE has dropped to 0.23 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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Return for Risk
EUN0.DE vs. NQSE.DE — Risk / Return Rank
EUN0.DE
NQSE.DE
EUN0.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) 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.
| EUN0.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.66 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.39 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 3.08 | -2.32 |
| Martin ratioReturn relative to average drawdown | 1.97 | 10.77 | -8.79 |
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
| EUN0.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 2.28 | -1.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.71 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.82 | -0.18 |
Drawdowns
EUN0.DE vs. NQSE.DE - Drawdown Comparison
The maximum EUN0.DE drawdown since its inception was -30.68%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for EUN0.DE and NQSE.DE.
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Drawdown Indicators
| EUN0.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.68% | -37.67% | +6.99% |
Max Drawdown (1Y)Largest decline over 1 year | -7.16% | -11.87% | +4.71% |
Max Drawdown (3Y)Largest decline over 3 years | -10.73% | -22.40% | +11.67% |
Max Drawdown (5Y)Largest decline over 5 years | -19.64% | -37.67% | +18.03% |
Max Drawdown (10Y)Largest decline over 10 years | -30.68% | — | — |
Current DrawdownCurrent decline from peak | -3.12% | -0.84% | -2.28% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -8.56% | +3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 3.40% | -0.64% |
Volatility
EUN0.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) is 3.03%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that EUN0.DE 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
| EUN0.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.03% | 4.75% | -1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 7.20% | 11.99% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.77% | 16.05% | -7.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.02% | 20.91% | -9.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.51% | 21.54% | -9.03% |
EUN0.DE vs. NQSE.DE - Expense Ratio Comparison
EUN0.DE has a 0.25% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
EUN0.DE vs. NQSE.DE - Dividend Comparison
Neither EUN0.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
EUN0.DE and NQSE.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN0.DE is cheaper with a 0.25% expense ratio, compared with 0.33% for NQSE.DE.
EUN0.DE is categorized as Europe Equities, while NQSE.DE is Nasdaq-100. EUN0.DE tracks MSCI Europe Minimum Volatility, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.25% for EUN0.DE and 0.33% for NQSE.DE.
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