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IS3U.DE vs. ^NDX
Performance
Return for Risk
Drawdowns
Volatility

IS3U.DE vs. ^NDX

Last updated Jun 5, 2026

IS3U.DE (iShares MSCI France UCITS ETF EUR (Acc)) is Europe Equities fund tracking the MSCI France Index, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, IS3U.DE returned 9.25%/yr vs 20.72%/yr for ^NDX. At a 0.35 correlation, their price movements are largely independent.

Performance

IS3U.DE vs. ^NDX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI France UCITS ETF EUR (Acc) (IS3U.DE) and NASDAQ 100 Index (^NDX). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IS3U.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, IS3U.DE achieves a 3.55% return, which is significantly lower than ^NDX's 21.80% return. Over the past 10 years, IS3U.DE has underperformed ^NDX with an annualized return of 9.25%, while ^NDX has yielded a comparatively higher 20.72% annualized return.

IS3U.DE

1D
1.13%
1M
2.97%
YTD
3.55%
6M
4.12%
1Y
8.24%
3Y*
7.55%
5Y*
7.56%
10Y*
9.25%

^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)

IS3U.DE vs. ^NDX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IS3U.DE
iShares MSCI France UCITS ETF EUR (Acc)		3.55%14.48%0.41%17.60%-6.82%28.35%-4.13%31.67%-9.06%14.42%
^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 IS3U.DE and ^NDX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

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

0.30

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

0.33

Correlation (All Time)
Calculated using the full available price history since Oct 1, 2014

0.35

The correlation between IS3U.DE and ^NDX shifts across timeframes, from 0.24 (3 years) to 0.35 (all time), reflecting how their relationship changes across market environments.

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iShares MSCI France UCITS ETF EUR (Acc)

NASDAQ 100 Index

Often compared with IS3U.DE:
IS3U.DE vs. D5BL.DEIS3U.DE vs. IBC0.DEIS3U.DE vs. PRAZ.DEIS3U.DE vs. XMLC.DEIS3U.DE vs. SXR8.DEIS3U.DE vs. IWDA.LIS3U.DE vs. SXRT.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

IS3U.DE vs. ^NDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IS3U.DE
IS3U.DE Risk / Return Rank: 1919
Overall Rank
IS3U.DE Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
IS3U.DE Sortino Ratio Rank: 1919
Sortino Ratio Rank
IS3U.DE Omega Ratio Rank: 1919
Omega Ratio Rank
IS3U.DE Calmar Ratio Rank: 1919
Calmar Ratio Rank
IS3U.DE Martin Ratio Rank: 2121
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.

IS3U.DE vs. ^NDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI France UCITS ETF EUR (Acc) (IS3U.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.

IS3U.DE^NDXDifference
Sharpe ratioReturn per unit of total volatility
0.58
2.32

-1.74

Sortino ratioReturn per unit of downside risk
0.93
2.97

-2.04

Omega ratioGain probability vs. loss probability

1.11

1.40

-0.29

Calmar ratioReturn relative to maximum drawdown

0.76

3.38

-2.62

Martin ratioReturn relative to average drawdown

2.37

10.55

-8.18

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

IS3U.DE vs. ^NDX - Sharpe Ratio Comparison

The current IS3U.DE Sharpe Ratio is 0.58, which is lower than the ^NDX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of IS3U.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

IS3U.DE^NDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.58

2.32

-1.74

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.82

-0.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.91

-0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.73

-0.25

Drawdowns

IS3U.DE vs. ^NDX - Drawdown Comparison

The maximum IS3U.DE drawdown since its inception was -38.98%, smaller than the maximum ^NDX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for IS3U.DE and ^NDX.

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Drawdown Indicators

IS3U.DE^NDXDifference

Max Drawdown

Largest peak-to-trough decline

-38.98%

-46.44%

+7.46%

Max Drawdown (1Y)

Largest decline over 1 year

-10.86%

-11.19%

+0.33%

Max Drawdown (3Y)

Largest decline over 3 years

-15.91%

-27.30%

+11.39%

Max Drawdown (5Y)

Largest decline over 5 years

-20.82%

-31.53%

+10.71%

Max Drawdown (10Y)

Largest decline over 10 years

-38.98%

-31.53%

-7.45%

Current Drawdown

Current decline from peak

-2.54%

-0.69%

-1.85%

Average Drawdown

Average peak-to-trough decline

-5.84%

-8.00%

+2.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.46%

3.58%

-0.12%

Volatility

IS3U.DE vs. ^NDX - Volatility Comparison

iShares MSCI France UCITS ETF EUR (Acc) (IS3U.DE) has a higher volatility of 4.25% compared to NASDAQ 100 Index (^NDX) at 3.80%. This indicates that IS3U.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

IS3U.DE^NDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.25%

3.80%

+0.45%

Volatility (6M)

Calculated over the trailing 6-month period

11.24%

11.58%

-0.34%

Volatility (1Y)

Calculated over the trailing 1-year period

14.26%

16.31%

-2.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.21%

22.24%

-6.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.42%

22.83%

-5.41%

Frequently Asked Questions

IS3U.DE and ^NDX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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