EUNK.DE vs. NQSE.DE
EUNK.DE (iShares Core MSCI Europe UCITS ETF EUR (Acc)) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - EUNK.DE is a Europe Equities fund tracking the MSCI Europe, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, EUNK.DE returned 9.96%/yr vs 14.91%/yr for NQSE.DE. A 0.63 correlation means they provide meaningful diversification when combined. EUNK.DE charges 0.12%/yr vs 0.33%/yr for NQSE.DE.
Performance
EUNK.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNK.DE achieves a 7.32% return, which is significantly lower than NQSE.DE's 17.82% return.
EUNK.DE
- 1D
- 0.60%
- 1M
- 1.11%
- YTD
- 7.32%
- 6M
- 9.84%
- 1Y
- 15.90%
- 3Y*
- 13.70%
- 5Y*
- 9.96%
- 10Y*
- 9.16%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
EUNK.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EUNK.DE iShares Core MSCI Europe UCITS ETF EUR (Acc) | 7.32% | 20.34% | 8.22% | 15.78% | -9.07% | 24.95% | -3.14% | 27.85% | -9.56% |
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 EUNK.DE and NQSE.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.63 |
The correlation between EUNK.DE and NQSE.DE has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUNK.DE vs. NQSE.DE — Risk / Return Rank
EUNK.DE
NQSE.DE
EUNK.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe UCITS ETF EUR (Acc) (EUNK.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.
| EUNK.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 3.08 | -1.39 |
| Martin ratioReturn relative to average drawdown | 6.26 | 10.77 | -4.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUNK.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 2.28 | -1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.71 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.82 | -0.29 |
Drawdowns
EUNK.DE vs. NQSE.DE - Drawdown Comparison
The maximum EUNK.DE drawdown since its inception was -35.45%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for EUNK.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| EUNK.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.45% | -37.67% | +2.22% |
Max Drawdown (1Y)Largest decline over 1 year | -9.52% | -11.87% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -16.58% | -22.40% | +5.82% |
Max Drawdown (5Y)Largest decline over 5 years | -19.45% | -37.67% | +18.22% |
Max Drawdown (10Y)Largest decline over 10 years | -35.45% | — | — |
Current DrawdownCurrent decline from peak | -1.68% | -0.84% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -8.56% | +3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 3.40% | -0.83% |
Volatility
EUNK.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Core MSCI Europe UCITS ETF EUR (Acc) (EUNK.DE) is 4.33%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that EUNK.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.
Loading charts...
Volatility by Period
| EUNK.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 4.75% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 10.59% | 11.99% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.85% | 16.05% | -3.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.20% | 20.91% | -6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 21.54% | -6.05% |
EUNK.DE vs. NQSE.DE - Expense Ratio Comparison
EUNK.DE has a 0.12% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
EUNK.DE vs. NQSE.DE - Dividend Comparison
Neither EUNK.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
EUNK.DE and NQSE.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNK.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNK.DE is cheaper with a 0.12% expense ratio, compared with 0.33% for NQSE.DE.
EUNK.DE is categorized as Europe Equities, while NQSE.DE is Nasdaq-100. EUNK.DE tracks MSCI Europe, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.12% for EUNK.DE and 0.33% for NQSE.DE.
Find the right allocation for EUNK.DE and NQSE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer