IROB.DE vs. NQSE.DE
IROB.DE (L&G ROBO Global Robotics and Automation UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IROB.DE is a Technology Equities fund tracking the ROBO-STOX® Global Robotics and Automation, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IROB.DE returned 4.94%/yr vs 11.89%/yr for NQSE.DE. A 0.79 correlation means they provide meaningful diversification when combined. IROB.DE charges 0.80%/yr vs 0.33%/yr for NQSE.DE.
Performance
IROB.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IROB.DE achieves a 14.36% return, which is significantly higher than NQSE.DE's 10.53% return.
IROB.DE
- 1D
- -2.80%
- 1M
- -9.10%
- 6M
- 5.82%
- YTD
- 14.36%
- 1Y
- 29.03%
- 3Y*
- 8.85%
- 5Y*
- 4.94%
- 10Y*
- 11.79%
NQSE.DE
- 1D
- -2.24%
- 1M
- -5.74%
- 6M
- 10.53%
- YTD
- 10.53%
- 1Y
- 21.18%
- 3Y*
- 20.13%
- 5Y*
- 11.89%
- 10Y*
- —
IROB.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IROB.DE L&G ROBO Global Robotics and Automation UCITS ETF | 14.36% | 10.23% | 4.16% | 20.99% | -30.11% | 26.22% | 31.63% | 33.78% | -19.93% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 10.53% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 35.63% | -15.97% |
Correlation
The correlation between IROB.DE and NQSE.DE 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 | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.79 |
The correlation between IROB.DE and NQSE.DE has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.
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Return for Risk
IROB.DE vs. NQSE.DE — Risk / Return Rank
IROB.DE
NQSE.DE
IROB.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.DE). 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.
| IROB.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 1.78 | +0.29 |
| Martin ratioReturn relative to average drawdown | 6.61 | 5.78 | +0.82 |
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Drawdowns
IROB.DE vs. NQSE.DE - Drawdown Comparison
The maximum IROB.DE drawdown since its inception was -36.51%, roughly equal to the maximum NQSE.DE drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for IROB.DE and NQSE.DE.
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Drawdown Indicators
| IROB.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.51% | -37.62% | +1.11% |
Max Drawdown (1Y)Largest decline over 1 year | -13.67% | -11.88% | -1.79% |
Max Drawdown (3Y)Largest decline over 3 years | -31.95% | -22.41% | -9.54% |
Max Drawdown (5Y)Largest decline over 5 years | -36.51% | -37.62% | +1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -36.51% | — | — |
Current DrawdownCurrent decline from peak | -12.43% | -6.95% | -5.48% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -8.49% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 3.67% | +0.63% |
Volatility
IROB.DE vs. NQSE.DE - Volatility Comparison
L&G ROBO Global Robotics and Automation UCITS ETF (IROB.DE) has a higher volatility of 9.71% compared to iShares NASDAQ 100 UCITS ETF (NQSE.DE) at 6.20%. This indicates that IROB.DE's price experiences larger fluctuations and is considered to be riskier than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IROB.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.71% | 6.20% | +3.51% |
Volatility (6M)Calculated over the trailing 6-month period | 19.55% | 13.90% | +5.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.11% | 17.71% | +6.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.69% | 21.19% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.21% | 21.60% | -0.39% |
IROB.DE vs. NQSE.DE - Expense Ratio Comparison
IROB.DE has a 0.80% expense ratio, which is higher than NQSE.DE's 0.33% expense ratio.
Dividends
IROB.DE vs. NQSE.DE - Dividend Comparison
Neither IROB.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
IROB.DE and NQSE.DE 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, NQSE.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NQSE.DE is cheaper with a 0.33% expense ratio, compared with 0.80% for IROB.DE.
IROB.DE is categorized as Technology Equities, while NQSE.DE is Nasdaq-100. IROB.DE tracks ROBO-STOX® Global Robotics and Automation, while NQSE.DE tracks NASDAQ-100 Index. They also come from different issuers: Legal & General and iShares. Their fees differ too: 0.80% for IROB.DE and 0.33% for NQSE.DE.
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