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IEQD.L vs. CNDX.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

IEQD.L vs. CNDX.L

Last updated Apr 3, 2026

Compare and contrast key facts about iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L).

IEQD.L and CNDX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEQD.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe NR EUR. It was launched on Feb 23, 2018. CNDX.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. Both IEQD.L and CNDX.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IEQD.L vs. CNDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)20252024202320222021202020192018
IEQD.L
iShares Edge MSCI Europe Quality Factor UCITS Dist		0.69%9.49%4.14%14.42%-11.20%26.21%1.53%30.13%-3.99%
CNDX.L
iShares NASDAQ 100 UCITS ETF		-3.83%5.54%34.80%51.63%-29.33%37.53%36.10%41.19%-1.89%
Different Trading Currencies

IEQD.L is traded in EUR, while CNDX.L is traded in USD. To make them comparable, the CNDX.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IEQD.L achieves a 0.69% return, which is significantly higher than CNDX.L's -3.67% return.

IEQD.L

1D
0.12%
1M
-1.09%
YTD
0.69%
6M
2.74%
1Y
6.29%
3Y*
7.05%
5Y*
6.55%
10Y*
—

CNDX.L

1D
0.00%
1M
-1.51%
YTD
-3.67%
6M
-1.52%
1Y
15.84%
3Y*
20.68%
5Y*
13.46%
10Y*
18.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI Europe Quality Factor UCITS Dist

iShares NASDAQ 100 UCITS ETF

Often compared with IEQD.L:
IEQD.L vs. FEUI.DEIEQD.L vs. MVOL.LIEQD.L vs. SMEA.LIEQD.L vs. VUSA.ASIEQD.L vs. CSP1.LIEQD.L vs. CEUR.LIEQD.L vs. CS1.L
Often compared with CNDX.L:
CNDX.L vs. QQQCNDX.L vs. EQQQ.DECNDX.L vs. CNX1.LCNDX.L vs. SXRV.DECNDX.L vs. CSPX.LCNDX.L vs. EQQU.LCNDX.L vs. CNDX.AS

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

IEQD.L has a 0.25% expense ratio, which is lower than CNDX.L's 0.33% expense ratio.

CNDX.L
iShares NASDAQ 100 UCITS ETF
IEQD.L
iShares Edge MSCI Europe Quality Factor UCITS Dist

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IEQD.L
IEQD.L Risk / Return Rank: 2424
Overall Rank
IEQD.L Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
IEQD.L Sortino Ratio Rank: 2222
Sortino Ratio Rank
IEQD.L Omega Ratio Rank: 2222
Omega Ratio Rank
IEQD.L Calmar Ratio Rank: 2929
Calmar Ratio Rank
IEQD.L Martin Ratio Rank: 2626
Martin Ratio Rank
CNDX.L
CNDX.L Risk / Return Rank: 7474
Overall Rank
CNDX.L Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
CNDX.L Sortino Ratio Rank: 6565
Sortino Ratio Rank
CNDX.L Omega Ratio Rank: 5959
Omega Ratio Rank
CNDX.L Calmar Ratio Rank: 9292
Calmar Ratio Rank
CNDX.L Martin Ratio Rank: 9191
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.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.

IEQD.LCNDX.LDifference

Sharpe ratio

Return per unit of total volatility

0.44

0.77

-0.33

Sortino ratio

Return per unit of downside risk

0.66

1.17

-0.50

Omega ratio

Gain probability vs. loss probability

1.10

1.16

-0.07

Calmar ratio

Return relative to maximum drawdown

0.95

3.19

-2.24

Martin ratio

Return relative to average drawdown

2.60

9.57

-6.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current IEQD.L Sharpe Ratio is 0.44, which is lower than the CNDX.L Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of IEQD.L and CNDX.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

IEQD.LCNDX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.44

0.77

-0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.65

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.92

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

1.04

-0.52

Correlation

The correlation between IEQD.L and CNDX.L is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IEQD.L vs. CNDX.L - Dividend Comparison

IEQD.L's dividend yield for the trailing twelve months is around 2.16%, while CNDX.L has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
IEQD.L
iShares Edge MSCI Europe Quality Factor UCITS Dist		2.16%2.18%2.37%2.74%2.69%1.96%2.21%2.89%2.93%0.00%0.00%0.00%
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%

Drawdowns

IEQD.L vs. CNDX.L - Drawdown Comparison

The maximum IEQD.L drawdown since its inception was -33.13%, which is greater than CNDX.L's maximum drawdown of -31.40%. Use the drawdown chart below to compare losses from any high point for IEQD.L and CNDX.L.

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Drawdown Indicators

IEQD.LCNDX.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.13%

-35.17%

+2.04%

Max Drawdown (1Y)

Largest decline over 1 year

-9.27%

-11.00%

+1.73%

Max Drawdown (5Y)

Largest decline over 5 years

-19.89%

-35.17%

+15.28%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.17%

—

Current Drawdown

Current decline from peak

-5.25%

-7.95%

+2.70%

Average Drawdown

Average peak-to-trough decline

-4.93%

-5.36%

+0.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.12%

3.00%

+0.12%

Volatility

IEQD.L vs. CNDX.L - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Quality Factor UCITS Dist (IEQD.L) is 4.81%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 5.66%. This indicates that IEQD.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.

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Volatility by Period

IEQD.LCNDX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.81%

5.66%

-0.85%

Volatility (6M)

Calculated over the trailing 6-month period

8.47%

12.26%

-3.79%

Volatility (1Y)

Calculated over the trailing 1-year period

14.29%

20.43%

-6.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.87%

20.54%

-6.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.37%

20.35%

-4.98%