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

IGSU.L vs. CNDX.L

Last updated Jun 6, 2026

IGSU.L (iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IGSU.L is a Global Equities fund tracking the MSCI ACWI NR USD, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, IGSU.L returned 11.98%/yr vs 21.22%/yr for CNDX.L. A 0.79 correlation means they provide meaningful diversification when combined. IGSU.L charges 0.60%/yr vs 0.33%/yr for CNDX.L.

Performance

IGSU.L vs. CNDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc) (IGSU.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGSU.L achieves a 6.97% return, which is significantly lower than CNDX.L's 16.75% return. Over the past 10 years, IGSU.L has underperformed CNDX.L with an annualized return of 11.98%, while CNDX.L has yielded a comparatively higher 21.22% annualized return.

IGSU.L

1D
-1.75%
1M
1.19%
YTD
6.97%
6M
9.48%
1Y
20.59%
3Y*
17.29%
5Y*
10.24%
10Y*
11.98%

CNDX.L

1D
-2.43%
1M
4.21%
YTD
16.75%
6M
15.78%
1Y
35.91%
3Y*
27.20%
5Y*
17.00%
10Y*
21.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
IGSU.L
iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)		6.97%22.56%10.93%26.36%-17.16%21.45%13.60%25.67%-8.24%22.16%
CNDX.L
iShares NASDAQ 100 UCITS ETF		16.75%19.75%26.42%56.22%-33.49%27.92%48.25%37.96%-1.08%31.91%

Correlation

The correlation between IGSU.L and CNDX.L is 0.75, 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

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.80

Correlation (5Y)
Calculated over the trailing 5-year period

0.84

Correlation (10Y)
Calculated over the trailing 10-year period

0.80

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2011

0.79

The correlation between IGSU.L and CNDX.L has been stable across timeframes, ranging from 0.75 to 0.84 - a consistent structural relationship.

IGSU.L vs. CNDX.L - Sectors Allocation Comparison

Sectors
IGSU.L
CNDX.L

Technology

37.1%
57.3%

Financial Services

20.2%
0.2%

Industrials

12.5%
2.8%

Healthcare

8.9%
3.8%

Basic Materials

5.3%
1.1%

Energy

3.6%
0.5%

Consumer Cyclical

3.0%
11.6%

Utilities

3.0%
1.3%

Communication Services

2.6%
14.5%

Consumer Defensive

1.7%
6.9%

Real Estate

1.6%
0.1%

Technology

IGSU.L
37.1%
CNDX.L
57.3%

Financial Services

IGSU.L
20.2%
CNDX.L
0.2%

Industrials

IGSU.L
12.5%
CNDX.L
2.8%

Healthcare

IGSU.L
8.9%
CNDX.L
3.8%

Basic Materials

IGSU.L
5.3%
CNDX.L
1.1%

Energy

IGSU.L
3.6%
CNDX.L
0.5%

Consumer Cyclical

IGSU.L
3.0%
CNDX.L
11.6%

Utilities

IGSU.L
3.0%
CNDX.L
1.3%

Communication Services

IGSU.L
2.6%
CNDX.L
14.5%

Consumer Defensive

IGSU.L
1.7%
CNDX.L
6.9%

Real Estate

IGSU.L
1.6%
CNDX.L
0.1%

Compare stocks, funds, or ETFs

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iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc)

iShares NASDAQ 100 UCITS ETF

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Often compared with CNDX.L:
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Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGSU.L
IGSU.L Risk / Return Rank: 5252
Overall Rank
IGSU.L Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
IGSU.L Sortino Ratio Rank: 5454
Sortino Ratio Rank
IGSU.L Omega Ratio Rank: 5151
Omega Ratio Rank
IGSU.L Calmar Ratio Rank: 4848
Calmar Ratio Rank
IGSU.L Martin Ratio Rank: 5454
Martin Ratio Rank
CNDX.L
CNDX.L Risk / Return Rank: 7171
Overall Rank
CNDX.L Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
CNDX.L Sortino Ratio Rank: 7575
Sortino Ratio Rank
CNDX.L Omega Ratio Rank: 6969
Omega Ratio Rank
CNDX.L Calmar Ratio Rank: 7070
Calmar Ratio Rank
CNDX.L Martin Ratio Rank: 6868
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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc) (IGSU.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.

IGSU.LCNDX.LDifference
Sharpe ratioReturn per unit of total volatility
1.58
2.23

-0.65

Sortino ratioReturn per unit of downside risk
2.34
3.11

-0.77

Omega ratioGain probability vs. loss probability

1.29

1.38

-0.10

Calmar ratioReturn relative to maximum drawdown

2.18

3.25

-1.07

Martin ratioReturn relative to average drawdown

8.33

11.66

-3.33

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

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

The current IGSU.L Sharpe Ratio is 1.58, which is comparable to the CNDX.L Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of IGSU.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.

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Sharpe Ratios by Period

IGSU.LCNDX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

2.23

-0.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.66

0.81

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

1.05

-0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

1.03

-0.47

Drawdowns

IGSU.L vs. CNDX.L - Drawdown Comparison

The maximum IGSU.L drawdown since its inception was -33.33%, smaller than the maximum CNDX.L drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for IGSU.L and CNDX.L.

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Drawdown Indicators

IGSU.LCNDX.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.33%

-35.21%

+1.88%

Max Drawdown (1Y)

Largest decline over 1 year

-9.42%

-11.00%

+1.58%

Max Drawdown (3Y)

Largest decline over 3 years

-14.81%

-22.44%

+7.63%

Max Drawdown (5Y)

Largest decline over 5 years

-27.15%

-35.21%

+8.06%

Max Drawdown (10Y)

Largest decline over 10 years

-33.33%

-35.21%

+1.88%

Current Drawdown

Current decline from peak

-2.38%

-3.17%

+0.79%

Average Drawdown

Average peak-to-trough decline

-5.54%

-5.13%

-0.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.47%

3.07%

-0.60%

Volatility

IGSU.L vs. CNDX.L - Volatility Comparison

The current volatility for iShares Dow Jones Global Sustainability Screened UCITS ETF USD (Acc) (IGSU.L) is 3.90%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 5.50%. This indicates that IGSU.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

IGSU.LCNDX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.90%

5.50%

-1.60%

Volatility (6M)

Calculated over the trailing 6-month period

10.53%

12.12%

-1.59%

Volatility (1Y)

Calculated over the trailing 1-year period

12.94%

16.03%

-3.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.44%

20.92%

-5.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.87%

20.08%

-4.21%

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

IGSU.L has a 0.60% expense ratio, which is higher than CNDX.L's 0.33% expense ratio.

Dividends

IGSU.L vs. CNDX.L - Dividend Comparison

Neither IGSU.L nor CNDX.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

IGSU.L and CNDX.L have a correlation of 0.75, 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 0.60% for IGSU.L.

IGSU.L is categorized as Global Equities, while CNDX.L is Nasdaq-100. IGSU.L tracks MSCI ACWI NR USD, while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.60% for IGSU.L and 0.33% for CNDX.L.

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