IQQK.DE vs. ^NDX
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 17.40%/yr vs 21.12%/yr for ^NDX. At a 0.38 correlation, their price movements are largely independent.
Performance
IQQK.DE vs. ^NDX - Performance Comparison
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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 113.77% return, which is significantly higher than ^NDX's 20.50% return. Over the past 10 years, IQQK.DE has underperformed ^NDX with an annualized return of 17.40%, while ^NDX has yielded a comparatively higher 21.12% annualized return.
IQQK.DE
- 1D
- 3.24%
- 1M
- 5.32%
- YTD
- 113.77%
- 6M
- 128.97%
- 1Y
- 203.72%
- 3Y*
- 48.07%
- 5Y*
- 19.72%
- 10Y*
- 17.40%
^NDX
- 1D
- 0.69%
- 1M
- 0.41%
- YTD
- 20.50%
- 6M
- 18.91%
- 1Y
- 35.77%
- 3Y*
- 24.35%
- 5Y*
- 16.60%
- 10Y*
- 21.12%
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) | 113.77% | 77.57% | -18.00% | 15.63% | -24.03% | -0.92% | 30.76% | 14.54% | -18.10% | 28.00% |
^NDX NASDAQ 100 Index | 20.50% | 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 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2007 | 0.38 |
The correlation between IQQK.DE and ^NDX shifts across timeframes, from 0.37 (5 years) to 0.53 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IQQK.DE vs. ^NDX — Risk / Return Rank
IQQK.DE
^NDX
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IQQK.DE | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.36 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 9.67 | 3.21 | +6.46 |
| Martin ratioReturn relative to average drawdown | 32.85 | 9.85 | +23.00 |
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Drawdowns
IQQK.DE vs. ^NDX - Drawdown Comparison
The maximum IQQK.DE drawdown since its inception was -68.01%, 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 | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.01% | -46.44% | -21.57% |
Max Drawdown (1Y)Largest decline over 1 year | -20.93% | -11.19% | -9.74% |
Max Drawdown (3Y)Largest decline over 3 years | -30.43% | -27.30% | -3.13% |
Max Drawdown (5Y)Largest decline over 5 years | -41.33% | -31.53% | -9.80% |
Max Drawdown (10Y)Largest decline over 10 years | -42.03% | -31.53% | -10.50% |
Current DrawdownCurrent decline from peak | -5.93% | -2.48% | -3.45% |
Average DrawdownAverage peak-to-trough decline | -16.76% | -8.00% | -8.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.17% | 3.64% | +2.53% |
Volatility
IQQK.DE vs. ^NDX - Volatility Comparison
iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) has a higher volatility of 18.78% compared to NASDAQ 100 Index (^NDX) at 8.19%. 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 | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.78% | 8.19% | +10.59% |
Volatility (6M)Calculated over the trailing 6-month period | 36.63% | 13.52% | +23.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.79% | 17.83% | +22.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.65% | 22.49% | +4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.32% | 22.95% | +2.37% |
Frequently Asked Questions
IQQK.DE and ^NDX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for IQQK.DE and ^NDX
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