IDTL.L vs. CNDX.L

Last updated Jun 5, 2026

IDTL.L (iShares Treasury Bond 20+ UCITS) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IDTL.L is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, IDTL.L returned -1.51%/yr vs 21.62%/yr for CNDX.L. At a correlation of -0.09, they often move in opposite directions. IDTL.L charges 0.07%/yr vs 0.33%/yr for CNDX.L.

Performance

IDTL.L vs. CNDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Treasury Bond 20+ UCITS (IDTL.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDTL.L achieves a -1.14% return, which is significantly lower than CNDX.L's 19.65% return. Over the past 10 years, IDTL.L has underperformed CNDX.L with an annualized return of -1.51%, while CNDX.L has yielded a comparatively higher 21.62% annualized return.

IDTL.L

• 1D: 0.36%
• 1M: 0.66%
• YTD: -1.14%
• 6M: -1.07%
• 1Y: 3.86%
• 3Y*: -1.56%
• 5Y*: -6.07%
• 10Y*: -1.51%

CNDX.L

• 1D: -0.66%
• 1M: 8.52%
• YTD: 19.65%
• 6M: 19.10%
• 1Y: 40.28%
• 3Y*: 27.98%
• 5Y*: 17.61%
• 10Y*: 21.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IDTL.L vs. CNDX.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDTL.L iShares Treasury Bond 20+ UCITS	-1.14%	4.67%	-7.18%	2.22%	-30.42%	-4.71%	17.11%	15.67%	-1.84%	8.97%
CNDX.L iShares NASDAQ 100 UCITS ETF	19.65%	19.75%	26.45%	56.31%	-33.45%	27.96%	48.33%	38.07%	-1.03%	32.36%

Correlation

The correlation between IDTL.L and CNDX.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Jan 22, 2015	-0.09

The correlation between IDTL.L and CNDX.L shifts across timeframes, from -0.09 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

IDTL.L vs. CNDX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDTL.L

IDTL.L Risk / Return Rank: 15
IDTL.L Sharpe Ratio Rank: 15
IDTL.L Sortino Ratio Rank: 14
IDTL.L Omega Ratio Rank: 14
IDTL.L Calmar Ratio Rank: 15
IDTL.L Martin Ratio Rank: 15

CNDX.L

CNDX.L Risk / Return Rank: 75
CNDX.L Sharpe Ratio Rank: 79
CNDX.L Sortino Ratio Rank: 79
CNDX.L Omega Ratio Rank: 74
CNDX.L Calmar Ratio Rank: 73
CNDX.L Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDTL.L vs. CNDX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Treasury Bond 20+ UCITS (IDTL.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.

	IDTL.L	CNDX.L	Difference
Sharpe ratio: Return per unit of total volatility	0.39	2.52	-2.12
Sortino ratio: Return per unit of downside risk	0.63	3.50	-2.87
Omega ratio: Gain probability vs. loss probability	1.07	1.43	-0.36
Calmar ratio: Return relative to maximum drawdown	0.50	3.61	-3.11
Martin ratio: Return relative to average drawdown	1.27	13.03	-11.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDTL.L vs. CNDX.L - Sharpe Ratio Comparison

The current IDTL.L Sharpe Ratio is 0.39, which is lower than the CNDX.L Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of IDTL.L and CNDX.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDTL.L	CNDX.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	2.52	-2.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	0.84	-1.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.10	1.07	-1.18
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	1.12	-1.20

Drawdowns

IDTL.L vs. CNDX.L - Drawdown Comparison

The maximum IDTL.L drawdown since its inception was -48.31%, which is greater than CNDX.L's maximum drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for IDTL.L and CNDX.L.

Drawdown Indicators

	IDTL.L	CNDX.L	Difference
Max Drawdown Largest peak-to-trough decline	-48.31%	-35.17%	-13.14%
Max Drawdown (1Y) Largest decline over 1 year	-7.62%	-11.00%	+3.38%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-22.44%	+3.95%
Max Drawdown (5Y) Largest decline over 5 years	-42.95%	-35.17%	-7.78%
Max Drawdown (10Y) Largest decline over 10 years	-48.31%	-35.17%	-13.14%
Current Drawdown Current decline from peak	-40.36%	-0.76%	-39.60%
Average Drawdown Average peak-to-trough decline	-20.41%	-5.30%	-15.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.03%	3.07%	-0.04%

Volatility

IDTL.L vs. CNDX.L - Volatility Comparison

The current volatility for iShares Treasury Bond 20+ UCITS (IDTL.L) is 3.32%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 4.90%. This indicates that IDTL.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.

Volatility by Period

	IDTL.L	CNDX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.32%	4.90%	-1.58%
Volatility (6M) Calculated over the trailing 6-month period	6.59%	11.88%	-5.29%
Volatility (1Y) Calculated over the trailing 1-year period	9.89%	15.79%	-5.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.99%	20.87%	-5.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.61%	20.07%	-5.46%

IDTL.L vs. CNDX.L - Expense Ratio Comparison

IDTL.L has a 0.07% expense ratio, which is lower than CNDX.L's 0.33% expense ratio.

Dividends

IDTL.L vs. CNDX.L - Dividend Comparison

IDTL.L's dividend yield for the trailing twelve months is around 4.36%, 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%	0.02%	0.05%	0.06%	0.03%	0.04%	0.07%	0.06%	0.30%	0.16%	0.16%
IDTL.L iShares Treasury Bond 20+ UCITS	4.36%	4.31%	4.65%	3.79%	3.01%	1.74%	1.76%	2.49%	2.79%	2.60%	2.63%	2.14%

Frequently Asked Questions

Can I hold both IDTL.L and CNDX.L in my portfolio?

IDTL.L and CNDX.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDTL.L or CNDX.L?

On fees, IDTL.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDTL.L or CNDX.L?

IDTL.L is cheaper with a 0.07% expense ratio, compared with 0.33% for CNDX.L.

What is the main difference between IDTL.L and CNDX.L?

IDTL.L is categorized as Government Bonds, while CNDX.L is Nasdaq-100. IDTL.L tracks ICE U.S. Treasury 20+ Year Bond Index, while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.07% for IDTL.L and 0.33% for CNDX.L.