IAEX.AS vs. ^NDX
IAEX.AS (iShares AEX UCITS ETF) is Europe Equities fund tracking the Euronext AEX All Share TR EUR, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, IAEX.AS returned 11.39%/yr vs 20.84%/yr for ^NDX. At a 0.44 correlation, their price movements are largely independent.
Performance
IAEX.AS vs. ^NDX - Performance Comparison
Loading charts...
Different Trading Currencies
IAEX.AS 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, IAEX.AS achieves a 11.34% return, which is significantly lower than ^NDX's 22.53% return. Over the past 10 years, IAEX.AS has underperformed ^NDX with an annualized return of 11.39%, while ^NDX has yielded a comparatively higher 20.84% annualized return.
IAEX.AS
- 1D
- -0.40%
- 1M
- 4.61%
- YTD
- 11.34%
- 6M
- 11.29%
- 1Y
- 15.87%
- 3Y*
- 13.39%
- 5Y*
- 10.04%
- 10Y*
- 11.39%
^NDX
- 1D
- -0.08%
- 1M
- 11.35%
- YTD
- 22.53%
- 6M
- 20.04%
- 1Y
- 38.31%
- 3Y*
- 24.69%
- 5Y*
- 18.40%
- 10Y*
- 20.84%
IAEX.AS vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAEX.AS iShares AEX UCITS ETF | 11.34% | 10.37% | 14.23% | 16.75% | -12.11% | 30.21% | 4.78% | 27.67% | -8.03% | 15.97% |
^NDX NASDAQ 100 Index | 22.53% | 5.91% | 33.12% | 49.19% | -28.81% | 36.10% | 35.42% | 41.08% | 3.61% | 15.35% |
Correlation
The correlation between IAEX.AS and ^NDX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007 | 0.44 |
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
IAEX.AS vs. ^NDX — Risk / Return Rank
IAEX.AS
^NDX
IAEX.AS vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares AEX UCITS ETF (IAEX.AS) 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.
| IAEX.AS | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.44 | -1.13 |
| Martin ratioReturn relative to average drawdown | 5.66 | 10.74 | -5.08 |
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
| IAEX.AS | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 2.36 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.83 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.92 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.73 | -0.43 |
Drawdowns
IAEX.AS vs. ^NDX - Drawdown Comparison
The maximum IAEX.AS drawdown since its inception was -64.96%, which is greater than ^NDX's maximum drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for IAEX.AS and ^NDX.
Loading charts...
Drawdown Indicators
| IAEX.AS | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.96% | -46.44% | -18.52% |
Max Drawdown (1Y)Largest decline over 1 year | -6.78% | -11.19% | +4.41% |
Max Drawdown (3Y)Largest decline over 3 years | -15.83% | -27.30% | +11.47% |
Max Drawdown (5Y)Largest decline over 5 years | -22.39% | -31.53% | +9.14% |
Max Drawdown (10Y)Largest decline over 10 years | -35.49% | -31.53% | -3.96% |
Current DrawdownCurrent decline from peak | -0.92% | -0.08% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -17.21% | -8.00% | -9.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 3.58% | -0.79% |
Volatility
IAEX.AS vs. ^NDX - Volatility Comparison
iShares AEX UCITS ETF (IAEX.AS) has a higher volatility of 4.15% compared to NASDAQ 100 Index (^NDX) at 3.78%. This indicates that IAEX.AS'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.
Loading charts...
Volatility by Period
| IAEX.AS | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 3.78% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.55% | 11.58% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.25% | 16.34% | -3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.45% | 22.25% | -6.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.22% | 22.84% | -6.62% |
Frequently Asked Questions
IAEX.AS and ^NDX have a correlation of 0.48, 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 IAEX.AS and ^NDX
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