IQQK.DE vs. ^NDX

Last updated Apr 3, 2026

Compare and contrast key facts about iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) and NASDAQ 100 Index (^NDX).

IQQK.DE is a passively managed fund by iShares that tracks the performance of the MSCI Korea 20/35. It was launched on Nov 18, 2005.

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.

IQQK.DE vs. ^NDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IQQK.DE iShares MSCI Korea UCITS ETF (Dist)	27.36%	77.35%	-18.08%	15.54%	-24.11%	-1.13%	30.60%	14.38%	-18.25%	27.92%
^NDX NASDAQ 100 Index	-3.05%	5.91%	33.12%	49.19%	-28.81%	36.10%	35.42%	41.08%	3.61%	15.35%

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 27.36% return, which is significantly higher than ^NDX's -3.41% return. Over the past 10 years, IQQK.DE has underperformed ^NDX with an annualized return of 11.12%, while ^NDX has yielded a comparatively higher 18.02% annualized return.

IQQK.DE

• 1D: -3.80%
• 1M: -5.66%
• YTD: 27.36%
• 6M: 55.07%
• 1Y: 119.29%
• 3Y*: 26.99%
• 5Y*: 8.16%
• 10Y*: 11.12%

^NDX

• 1D: 0.00%
• 1M: -2.46%
• YTD: -3.41%
• 6M: -2.24%
• 1Y: 14.83%
• 3Y*: 19.85%
• 5Y*: 12.90%
• 10Y*: 18.02%

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

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: 97
IQQK.DE Sharpe Ratio Rank: 98
IQQK.DE Sortino Ratio Rank: 97
IQQK.DE Omega Ratio Rank: 97
IQQK.DE Calmar Ratio Rank: 97
IQQK.DE Martin Ratio Rank: 97

^NDX

^NDX Risk / Return Rank: 71
^NDX Sharpe Ratio Rank: 66
^NDX Sortino Ratio Rank: 71
^NDX Omega Ratio Rank: 70
^NDX Calmar Ratio Rank: 74
^NDX Martin Ratio Rank: 76

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	^NDX	Difference
Sharpe ratio Return per unit of total volatility	3.61	0.60	+3.02
Sortino ratio Return per unit of downside risk	4.05	1.00	+3.06
Omega ratio Gain probability vs. loss probability	1.56	1.15	+0.41
Calmar ratio Return relative to maximum drawdown	6.12	1.06	+5.07
Martin ratio Return relative to average drawdown	23.33	3.52	+19.80
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 3.61, which is higher than the ^NDX Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of IQQK.DE and ^NDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IQQK.DE	^NDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.61	0.60	+3.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.58	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.79	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.67	-0.43

Correlation

The correlation between IQQK.DE and ^NDX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

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.

Drawdown Indicators

	IQQK.DE	^NDX	Difference
Max Drawdown Largest peak-to-trough decline	-68.13%	-82.90%	+14.77%
Max Drawdown (1Y) Largest decline over 1 year	-20.96%	-12.12%	-8.84%
Max Drawdown (5Y) Largest decline over 5 years	-41.72%	-35.56%	-6.16%
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	-35.56%	-6.79%
Current Drawdown Current decline from peak	-16.98%	-7.94%	-9.04%
Average Drawdown Average peak-to-trough decline	-17.48%	-24.72%	+7.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.50%	3.52%	+1.98%

Volatility

IQQK.DE vs. ^NDX - Volatility Comparison

iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) has a higher volatility of 16.65% compared to NASDAQ 100 Index (^NDX) at 5.50%. 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.

Volatility by Period

	IQQK.DE	^NDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.65%	5.50%	+11.15%
Volatility (6M) Calculated over the trailing 6-month period	28.40%	13.15%	+15.25%
Volatility (1Y) Calculated over the trailing 1-year period	32.85%	24.92%	+7.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.74%	22.25%	+1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.86%	22.85%	+1.01%