EXS2.DE vs. ^NDX
EXS2.DE (iShares TecDAX UCITS ETF (DE)) is Europe Equities fund tracking the TecDAX®, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, EXS2.DE returned 8.08%/yr vs 19.59%/yr for ^NDX. At a 0.41 correlation, their price movements are largely independent.
Performance
EXS2.DE vs. ^NDX - Performance Comparison
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Different Trading Currencies
EXS2.DE is traded in EUR, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EXS2.DE achieves a 3.65% return, which is significantly lower than ^NDX's 16.29% return. Over the past 10 years, EXS2.DE has underperformed ^NDX with an annualized return of 8.08%, while ^NDX has yielded a comparatively higher 19.59% annualized return.
EXS2.DE
- 1D
- -0.27%
- 1M
- -4.57%
- 6M
- 0.12%
- YTD
- 3.65%
- 1Y
- -5.39%
- 3Y*
- 4.93%
- 5Y*
- 0.19%
- 10Y*
- 8.08%
^NDX
- 1D
- -1.46%
- 1M
- -3.10%
- 6M
- 13.57%
- YTD
- 16.29%
- 1Y
- 25.57%
- 3Y*
- 21.01%
- 5Y*
- 14.99%
- 10Y*
- 19.59%
EXS2.DE vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS2.DE iShares TecDAX UCITS ETF (DE) | 3.65% | 5.33% | 1.65% | 13.57% | -26.01% | 21.05% | 6.14% | 22.25% | -3.77% | 39.92% |
^NDX NASDAQ 100 Index | 16.29% | 5.91% | 33.12% | 49.19% | -28.81% | 36.10% | 35.42% | 41.08% | 3.61% | 15.35% |
Correlation
The correlation between EXS2.DE and ^NDX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2007 | 0.41 |
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Return for Risk
EXS2.DE vs. ^NDX — Risk / Return Rank
EXS2.DE
^NDX
EXS2.DE vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares TecDAX UCITS ETF (DE) (EXS2.DE) and NASDAQ 100 Index (^NDX). 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.
| EXS2.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -2.17 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.25 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 2.30 | -2.64 |
| Martin ratioReturn relative to average drawdown | -0.68 | 6.89 | -7.57 |
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Drawdowns
EXS2.DE vs. ^NDX - Drawdown Comparison
The maximum EXS2.DE drawdown since its inception was -61.61%, which is greater than ^NDX's maximum drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for EXS2.DE and ^NDX.
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Drawdown Indicators
| EXS2.DE | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.61% | -46.44% | -15.17% |
Max Drawdown (1Y)Largest decline over 1 year | -15.38% | -11.19% | -4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | -27.30% | +9.39% |
Max Drawdown (5Y)Largest decline over 5 years | -34.97% | -31.53% | -3.44% |
Max Drawdown (10Y)Largest decline over 10 years | -34.97% | -31.53% | -3.44% |
Current DrawdownCurrent decline from peak | -11.13% | -5.89% | -5.24% |
Average DrawdownAverage peak-to-trough decline | -14.21% | -8.01% | -6.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.63% | 3.72% | +3.91% |
Volatility
EXS2.DE vs. ^NDX - Volatility Comparison
The current volatility for iShares TecDAX UCITS ETF (DE) (EXS2.DE) is 4.72%, while NASDAQ 100 Index (^NDX) has a volatility of 6.81%. This indicates that EXS2.DE experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXS2.DE | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.72% | 6.81% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.93% | 14.34% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 18.48% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 22.58% | -3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.33% | 22.99% | -3.66% |
Frequently Asked Questions
EXS2.DE and ^NDX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EXS2.DE and ^NDX
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