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IQQK.DE vs. ^NDX
Performance
Return for Risk
Drawdowns
Volatility

IQQK.DE vs. ^NDX

Last updated Jun 5, 2026

IQQK.DE (iShares MSCI Korea UCITS ETF (Dist)) is Asia Pacific Equities fund tracking the MSCI Korea 20/35, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, IQQK.DE returned 16.55%/yr vs 20.72%/yr for ^NDX. At a 0.38 correlation, their price movements are largely independent.

Performance

IQQK.DE vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IQQK.DE 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, IQQK.DE achieves a 107.68% return, which is significantly higher than ^NDX's 21.80% return. Over the past 10 years, IQQK.DE has underperformed ^NDX with an annualized return of 16.55%, while ^NDX has yielded a comparatively higher 20.72% annualized return.

IQQK.DE

1D
-4.65%
1M
16.65%
YTD
107.68%
6M
126.71%
1Y
225.72%
3Y*
44.83%
5Y*
19.47%
10Y*
16.55%

^NDX

1D
-0.67%
1M
9.26%
YTD
21.80%
6M
19.18%
1Y
37.64%
3Y*
24.43%
5Y*
18.26%
10Y*
20.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IQQK.DE vs. ^NDX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IQQK.DE
iShares MSCI Korea UCITS ETF (Dist)		107.68%77.35%-18.08%15.54%-24.11%-1.13%30.60%14.38%-18.25%27.92%
^NDX
NASDAQ 100 Index		21.80%5.91%33.12%49.19%-28.81%36.10%35.42%41.08%3.61%15.35%

Correlation

The correlation between IQQK.DE 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

0.38

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

0.36

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

0.37

Correlation (All Time)
Calculated using the full available price history since Aug 28, 2007

0.38

The correlation between IQQK.DE and ^NDX shifts across timeframes, from 0.36 (5 years) to 0.48 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

iShares MSCI Korea UCITS ETF (Dist)

NASDAQ 100 Index

Often compared with IQQK.DE:
IQQK.DE vs. FLKRIQQK.DE vs. DBX8.DEIQQK.DE vs. DX2S.DEIQQK.DE vs. VOOIQQK.DE vs. 18MM.DEIQQK.DE vs. LGGA.DEIQQK.DE vs. FLXI.DE
Often compared with ^NDX:
^NDX vs. BRK-B^NDX vs. SPY^NDX vs. ARKK^NDX vs. ^IXIC^NDX vs. TSLA^NDX vs. VOO^NDX vs. NQ=F

Return for Risk

IQQK.DE vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IQQK.DE
IQQK.DE Risk / Return Rank: 9797
Overall Rank
IQQK.DE Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
IQQK.DE Sortino Ratio Rank: 9696
Sortino Ratio Rank
IQQK.DE Omega Ratio Rank: 9696
Omega Ratio Rank
IQQK.DE Calmar Ratio Rank: 9797
Calmar Ratio Rank
IQQK.DE Martin Ratio Rank: 9797
Martin Ratio Rank
^NDX
^NDX Risk / Return Rank: 8383
Overall Rank
^NDX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
^NDX Sortino Ratio Rank: 8484
Sortino Ratio Rank
^NDX Omega Ratio Rank: 8282
Omega Ratio Rank
^NDX Calmar Ratio Rank: 8383
Calmar Ratio Rank
^NDX Martin Ratio Rank: 8080
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.

IQQK.DE vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) 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.

IQQK.DE^NDXDifference
Sharpe ratioReturn per unit of total volatility
5.92
2.32

+3.60

Sortino ratioReturn per unit of downside risk
5.50
2.97

+2.53

Omega ratioGain probability vs. loss probability

1.78

1.40

+0.38

Calmar ratioReturn relative to maximum drawdown

10.70

3.38

+7.32

Martin ratioReturn relative to average drawdown

38.75

10.55

+28.19

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

IQQK.DE vs. ^NDX - Sharpe Ratio Comparison

The current IQQK.DE Sharpe Ratio is 5.92, which is higher than the ^NDX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of IQQK.DE and ^NDX, 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

IQQK.DE^NDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.92

2.32

+3.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.82

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

0.91

-0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.73

-0.41

Drawdowns

IQQK.DE vs. ^NDX - Drawdown Comparison

The maximum IQQK.DE drawdown since its inception was -68.13%, which is greater than ^NDX's maximum drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for IQQK.DE and ^NDX.

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Drawdown Indicators

IQQK.DE^NDXDifference

Max Drawdown

Largest peak-to-trough decline

-68.13%

-46.44%

-21.69%

Max Drawdown (1Y)

Largest decline over 1 year

-20.96%

-11.19%

-9.77%

Max Drawdown (3Y)

Largest decline over 3 years

-30.51%

-27.30%

-3.21%

Max Drawdown (5Y)

Largest decline over 5 years

-41.53%

-31.53%

-10.00%

Max Drawdown (10Y)

Largest decline over 10 years

-42.35%

-31.53%

-10.82%

Current Drawdown

Current decline from peak

-5.73%

-0.69%

-5.04%

Average Drawdown

Average peak-to-trough decline

-17.35%

-8.00%

-9.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.80%

3.58%

+2.22%

Volatility

IQQK.DE vs. ^NDX - Volatility Comparison

iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) has a higher volatility of 17.23% compared to NASDAQ 100 Index (^NDX) at 3.80%. This indicates that IQQK.DE'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.

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Volatility by Period

IQQK.DE^NDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.23%

3.80%

+13.43%

Volatility (6M)

Calculated over the trailing 6-month period

33.01%

11.58%

+21.43%

Volatility (1Y)

Calculated over the trailing 1-year period

37.90%

16.31%

+21.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.65%

22.24%

+3.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.84%

22.83%

+2.01%

Frequently Asked Questions

IQQK.DE 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.

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