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 9.01%/yr vs 20.72%/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 15.70% return, which is significantly lower than ^NDX's 21.80% return. Over the past 10 years, EXS2.DE has underperformed ^NDX with an annualized return of 9.01%, while ^NDX has yielded a comparatively higher 20.72% annualized return.
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.51%
- YTD
- 15.70%
- 6M
- 16.91%
- 1Y
- 6.46%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
^NDX
- 1D
- -0.67%
- 1M
- 9.26%
- YTD
- 21.80%
- 6M
- 19.18%
- 1Y
- 37.64%
- 3Y*
- 24.43%
- 5Y*
- 18.26%
- 10Y*
- 20.72%
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) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -3.77% | 39.90% |
^NDX NASDAQ 100 Index | 21.80% | 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 Aug 28, 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.
| EXS2.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.40 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 3.38 | -2.98 |
| Martin ratioReturn relative to average drawdown | 0.80 | 10.55 | -9.75 |
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
| EXS2.DE | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 2.32 | -1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.82 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.91 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.73 | -0.60 |
Drawdowns
EXS2.DE vs. ^NDX - Drawdown Comparison
The maximum EXS2.DE drawdown since its inception was -84.49%, 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 | -84.49% | -46.44% | -38.05% |
Max Drawdown (1Y)Largest decline over 1 year | -16.12% | -11.19% | -4.93% |
Max Drawdown (3Y)Largest decline over 3 years | -17.93% | -27.30% | +9.37% |
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 | -0.81% | -0.69% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -39.46% | -8.00% | -31.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.07% | 3.58% | +4.49% |
Volatility
EXS2.DE vs. ^NDX - Volatility Comparison
iShares TecDAX UCITS ETF (DE) (EXS2.DE) has a higher volatility of 5.29% compared to NASDAQ 100 Index (^NDX) at 3.80%. This indicates that EXS2.DE's price experiences larger fluctuations and is considered to be riskier 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 | 5.29% | 3.80% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.25% | 11.58% | +2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 16.31% | +1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.80% | 22.24% | -3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 22.83% | -3.36% |
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.
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