ISP6.L vs. NQSE.DE
ISP6.L (iShares S&P SmallCap 600 UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, ISP6.L returned 7.74%/yr vs 11.70%/yr for NQSE.DE. A 0.51 correlation means they provide meaningful diversification when combined. ISP6.L charges 0.40%/yr vs 0.33%/yr for NQSE.DE.
Performance
ISP6.L vs. NQSE.DE - Performance Comparison
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Different Trading Currencies
ISP6.L is traded in GBp, while NQSE.DE is traded in EUR. To make them comparable, the NQSE.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISP6.L achieves a 19.53% return, which is significantly higher than NQSE.DE's 7.73% return.
ISP6.L
- 1D
- -1.07%
- 1M
- 0.54%
- 6M
- 12.95%
- YTD
- 19.53%
- 1Y
- 30.48%
- 3Y*
- 12.10%
- 5Y*
- 7.74%
- 10Y*
- 9.92%
NQSE.DE
- 1D
- -2.12%
- 1M
- -6.94%
- 6M
- 8.37%
- YTD
- 7.73%
- 1Y
- 19.28%
- 3Y*
- 19.61%
- 5Y*
- 11.70%
- 10Y*
- —
ISP6.L vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 19.53% | -0.91% | 8.76% | 10.98% | -6.72% | 27.86% | 6.87% | 17.51% | -20.66% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 7.73% | 24.34% | 18.62% | 49.12% | -32.78% | 18.40% | 53.38% | 28.57% | -14.91% |
Correlation
The correlation between ISP6.L and NQSE.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.51 |
The correlation between ISP6.L and NQSE.DE has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
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Return for Risk
ISP6.L vs. NQSE.DE — Risk / Return Rank
ISP6.L
NQSE.DE
ISP6.L vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 UCITS ETF (ISP6.L) 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.
| ISP6.L | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.19 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.57 | 1.49 | +3.07 |
| Martin ratioReturn relative to average drawdown | 13.61 | 4.56 | +9.05 |
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Drawdowns
ISP6.L vs. NQSE.DE - Drawdown Comparison
The maximum ISP6.L drawdown since its inception was -66.35%, which is greater than NQSE.DE's maximum drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for ISP6.L and NQSE.DE.
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Drawdown Indicators
| ISP6.L | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.35% | -35.07% | -31.28% |
Max Drawdown (1Y)Largest decline over 1 year | -6.45% | -12.86% | +6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -30.26% | -20.53% | -9.73% |
Max Drawdown (5Y)Largest decline over 5 years | -30.26% | -35.07% | +4.81% |
Max Drawdown (10Y)Largest decline over 10 years | -39.08% | — | — |
Current DrawdownCurrent decline from peak | -3.45% | -8.43% | +4.98% |
Average DrawdownAverage peak-to-trough decline | -15.49% | -8.26% | -7.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 4.22% | -2.05% |
Volatility
ISP6.L vs. NQSE.DE - Volatility Comparison
The current volatility for iShares S&P SmallCap 600 UCITS ETF (ISP6.L) is 4.43%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 6.27%. This indicates that ISP6.L experiences smaller price fluctuations and is considered to be less risky 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
| ISP6.L | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 6.27% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 13.90% | -3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.22% | 17.64% | -2.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 21.13% | -2.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.38% | 21.51% | -1.13% |
ISP6.L vs. NQSE.DE - Expense Ratio Comparison
ISP6.L has a 0.40% expense ratio, which is higher than NQSE.DE's 0.33% expense ratio.
Dividends
ISP6.L vs. NQSE.DE - Dividend Comparison
ISP6.L's dividend yield for the trailing twelve months is around 0.53%, while NQSE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 0.53% | 1.22% | 1.15% | 1.08% | 1.00% | 0.65% | 0.94% | 0.97% | 0.96% | 0.78% | 0.77% | 0.53% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISP6.L and NQSE.DE have a correlation of 0.46, 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 0.40% for ISP6.L.
ISP6.L is categorized as Small Cap Blend Equities, while NQSE.DE is Nasdaq-100. ISP6.L tracks Russell 2000 TR USD, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.40% for ISP6.L and 0.33% for NQSE.DE.
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