IDP6.L vs. CNDX.L
IDP6.L (iShares S&P Small Cap 600 UCITS ETF USD (Dist)) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IDP6.L is a Small Cap Blend Equities fund tracking the iShares S&P Small Cap 600 UCITS ETF USD (Dist), while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, IDP6.L returned 10.14%/yr vs 20.97%/yr for CNDX.L. A 0.66 correlation means they provide meaningful diversification when combined. IDP6.L charges 0.40%/yr vs 0.33%/yr for CNDX.L.
Performance
IDP6.L vs. CNDX.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDP6.L achieves a 19.44% return, which is significantly higher than CNDX.L's 15.91% return. Over the past 10 years, IDP6.L has underperformed CNDX.L with an annualized return of 10.14%, while CNDX.L has yielded a comparatively higher 20.97% annualized return.
IDP6.L
- 1D
- -0.60%
- 1M
- 1.24%
- 6M
- 14.55%
- YTD
- 19.44%
- 1Y
- 30.44%
- 3Y*
- 13.63%
- 5Y*
- 7.17%
- 10Y*
- 10.14%
CNDX.L
- 1D
- -0.67%
- 1M
- -3.48%
- 6M
- 16.01%
- YTD
- 15.91%
- 1Y
- 28.40%
- 3Y*
- 23.77%
- 5Y*
- 15.27%
- 10Y*
- 20.97%
IDP6.L vs. CNDX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDP6.L iShares S&P Small Cap 600 UCITS ETF USD (Dist) | 19.44% | 6.28% | 7.11% | 17.37% | -16.73% | 26.35% | 10.58% | 21.32% | -9.77% | 13.15% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 15.91% | 19.75% | 26.42% | 56.22% | -33.49% | 27.92% | 48.25% | 37.96% | -1.08% | 31.91% |
Correlation
The correlation between IDP6.L and CNDX.L is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2010 | 0.66 |
The correlation between IDP6.L and CNDX.L has been stable across timeframes, ranging from 0.57 to 0.66 - 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
IDP6.L vs. CNDX.L — Risk / Return Rank
IDP6.L
CNDX.L
IDP6.L vs. CNDX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P Small Cap 600 UCITS ETF USD (Dist) (IDP6.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). 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.
| IDP6.L | CNDX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.29 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 2.57 | +1.23 |
| Martin ratioReturn relative to average drawdown | 12.09 | 8.61 | +3.47 |
Loading charts...
Drawdowns
IDP6.L vs. CNDX.L - Drawdown Comparison
The maximum IDP6.L drawdown since its inception was -52.21%, which is greater than CNDX.L's maximum drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for IDP6.L and CNDX.L.
Loading charts...
Drawdown Indicators
| IDP6.L | CNDX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.21% | -35.21% | -17.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.66% | -11.00% | +2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -28.99% | -22.44% | -6.55% |
Max Drawdown (5Y)Largest decline over 5 years | -28.99% | -35.21% | +6.22% |
Max Drawdown (10Y)Largest decline over 10 years | -45.49% | -35.21% | -10.28% |
Current DrawdownCurrent decline from peak | -2.42% | -3.87% | +1.45% |
Average DrawdownAverage peak-to-trough decline | -9.38% | -5.12% | -4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 3.29% | -0.56% |
Volatility
IDP6.L vs. CNDX.L - Volatility Comparison
The current volatility for iShares S&P Small Cap 600 UCITS ETF USD (Dist) (IDP6.L) is 4.36%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 5.89%. This indicates that IDP6.L experiences smaller price fluctuations and is considered to be less risky than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IDP6.L | CNDX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.36% | 5.89% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 12.06% | 13.78% | -1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.95% | 17.32% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 21.15% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.67% | 20.13% | +1.54% |
IDP6.L vs. CNDX.L - Expense Ratio Comparison
IDP6.L has a 0.40% expense ratio, which is higher than CNDX.L's 0.33% expense ratio.
Dividends
IDP6.L vs. CNDX.L - Dividend Comparison
IDP6.L's dividend yield for the trailing twelve months is around 1.01%, while CNDX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDP6.L iShares S&P Small Cap 600 UCITS ETF USD (Dist) | 1.01% | 1.16% | 1.18% | 1.07% | 1.06% | 0.66% | 0.88% | 0.94% | 1.01% | 0.72% | 0.87% | 0.56% |
Frequently Asked Questions
IDP6.L and CNDX.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNDX.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNDX.L is cheaper with a 0.33% expense ratio, compared with 0.40% for IDP6.L.
IDP6.L is categorized as Small Cap Blend Equities, while CNDX.L is Nasdaq-100. IDP6.L tracks iShares S&P Small Cap 600 UCITS ETF USD (Dist), while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.40% for IDP6.L and 0.33% for CNDX.L.
Find the right allocation for IDP6.L and CNDX.L
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