ISX5.L vs. ^NDX
ISX5.L (iShares Core EURO STOXX 50 UCITS ETF) is Europe Equities fund tracking the MSCI EMU NR EUR, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, ISX5.L returned 13.05%/yr vs 20.95%/yr for ^NDX. At a 0.45 correlation, their price movements are largely independent.
Performance
ISX5.L vs. ^NDX - Performance Comparison
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Returns By Period
In the year-to-date period, ISX5.L achieves a 7.24% return, which is significantly lower than ^NDX's 17.37% return. Over the past 10 years, ISX5.L has underperformed ^NDX with an annualized return of 13.05%, while ^NDX has yielded a comparatively higher 20.95% annualized return.
ISX5.L
- 1D
- 2.46%
- 1M
- 3.59%
- YTD
- 7.24%
- 6M
- 8.56%
- 1Y
- 19.84%
- 3Y*
- 18.31%
- 5Y*
- 10.63%
- 10Y*
- 13.05%
^NDX
- 1D
- 0.64%
- 1M
- 0.19%
- YTD
- 17.37%
- 6M
- 17.62%
- 1Y
- 37.01%
- 3Y*
- 25.76%
- 5Y*
- 16.18%
- 10Y*
- 20.95%
ISX5.L vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISX5.L iShares Core EURO STOXX 50 UCITS ETF | 7.24% | 37.35% | 4.59% | 26.91% | -13.63% | 13.94% | 6.81% | 25.61% | 1.58% | 9.70% |
^NDX NASDAQ 100 Index | 17.37% | 20.17% | 24.88% | 53.81% | -32.97% | 26.63% | 47.58% | 37.96% | -1.04% | 31.52% |
Correlation
The correlation between ISX5.L and ^NDX is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2010 | 0.45 |
The correlation between ISX5.L and ^NDX shifts across timeframes, from 0.38 (3 years) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ISX5.L vs. ^NDX — Risk / Return Rank
ISX5.L
^NDX
ISX5.L vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) 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.
| ISX5.L | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 2.92 | -1.53 |
| Martin ratioReturn relative to average drawdown | 4.69 | 10.85 | -6.16 |
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Drawdowns
ISX5.L vs. ^NDX - Drawdown Comparison
The maximum ISX5.L drawdown since its inception was -38.62%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for ISX5.L and ^NDX.
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Drawdown Indicators
| ISX5.L | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -82.90% | +44.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -12.12% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -15.36% | -22.93% | +7.57% |
Max Drawdown (5Y)Largest decline over 5 years | -34.86% | -35.56% | +0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -38.62% | -35.56% | -3.06% |
Current DrawdownCurrent decline from peak | -0.19% | -3.34% | +3.15% |
Average DrawdownAverage peak-to-trough decline | -8.34% | -24.61% | +16.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 3.26% | +0.59% |
Volatility
ISX5.L vs. ^NDX - Volatility Comparison
The current volatility for iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) is 5.29%, while NASDAQ 100 Index (^NDX) has a volatility of 7.51%. This indicates that ISX5.L experiences smaller price fluctuations and is considered to be less risky 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
| ISX5.L | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 7.51% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 15.25% | 13.84% | +1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.30% | 17.29% | +1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.91% | 22.76% | -0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.97% | 22.61% | -0.64% |
Frequently Asked Questions
ISX5.L and ^NDX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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