IQQK.DE vs. ^NDX
Compare and contrast key facts about iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) and NASDAQ 100 (^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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQQK.DE or ^NDX.
Correlation
The correlation between IQQK.DE and ^NDX is 0.40, 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.
Performance
IQQK.DE vs. ^NDX - Performance Comparison
Key characteristics
IQQK.DE:
-0.44
^NDX:
1.39
IQQK.DE:
-0.48
^NDX:
1.89
IQQK.DE:
0.94
^NDX:
1.25
IQQK.DE:
-0.26
^NDX:
1.89
IQQK.DE:
-0.82
^NDX:
6.47
IQQK.DE:
11.43%
^NDX:
3.97%
IQQK.DE:
21.61%
^NDX:
18.50%
IQQK.DE:
-68.13%
^NDX:
-82.90%
IQQK.DE:
-30.40%
^NDX:
0.00%
Returns By Period
In the year-to-date period, IQQK.DE achieves a 8.74% return, which is significantly higher than ^NDX's 5.25% return. Over the past 10 years, IQQK.DE has underperformed ^NDX with an annualized return of 2.74%, while ^NDX has yielded a comparatively higher 17.47% annualized return.
IQQK.DE
8.74%
0.27%
-10.56%
-10.26%
-0.35%
2.74%
^NDX
5.25%
3.14%
11.88%
25.04%
17.95%
17.47%
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Risk-Adjusted Performance
IQQK.DE vs. ^NDX — Risk-Adjusted Performance Rank
IQQK.DE
^NDX
IQQK.DE vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) and NASDAQ 100 (^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.
Drawdowns
IQQK.DE vs. ^NDX - Drawdown Comparison
The maximum IQQK.DE drawdown since its inception was -68.13%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for IQQK.DE and ^NDX. For additional features, visit the drawdowns tool.
Volatility
IQQK.DE vs. ^NDX - Volatility Comparison
iShares MSCI Korea UCITS ETF (Dist) (IQQK.DE) and NASDAQ 100 (^NDX) have volatilities of 5.16% and 5.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.