IUS4.DE vs. NQSE.DE
IUS4.DE (iShares MSCI Japan Small Cap UCITS ETF (Dist)) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - IUS4.DE is a Japan Equities fund tracking the MSCI Japan Small Cap, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, IUS4.DE returned 8.34%/yr vs 14.91%/yr for NQSE.DE. At a 0.43 correlation, their price movements are largely independent. IUS4.DE charges 0.58%/yr vs 0.33%/yr for NQSE.DE.
Performance
IUS4.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUS4.DE achieves a 14.74% return, which is significantly lower than NQSE.DE's 17.82% return.
IUS4.DE
- 1D
- 0.43%
- 1M
- 5.25%
- YTD
- 14.74%
- 6M
- 16.38%
- 1Y
- 27.12%
- 3Y*
- 14.63%
- 5Y*
- 8.34%
- 10Y*
- 7.46%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
IUS4.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 14.74% | 15.96% | 9.46% | 9.42% | -7.69% | 5.35% | -2.06% | 21.73% | -10.52% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between IUS4.DE and NQSE.DE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.43 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IUS4.DE vs. NQSE.DE — Risk / Return Rank
IUS4.DE
NQSE.DE
IUS4.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.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.
| IUS4.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.39 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 3.08 | -0.41 |
| Martin ratioReturn relative to average drawdown | 9.26 | 10.77 | -1.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IUS4.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 2.28 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.71 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.82 | -0.26 |
Drawdowns
IUS4.DE vs. NQSE.DE - Drawdown Comparison
The maximum IUS4.DE drawdown since its inception was -32.63%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for IUS4.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| IUS4.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.63% | -37.67% | +5.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.12% | -11.87% | +1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -12.92% | -22.40% | +9.48% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | -37.67% | +16.20% |
Max Drawdown (10Y)Largest decline over 10 years | -32.63% | — | — |
Current DrawdownCurrent decline from peak | -0.73% | -0.84% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -8.56% | +2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 3.40% | -0.48% |
Volatility
IUS4.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares MSCI Japan Small Cap UCITS ETF (Dist) (IUS4.DE) is 3.47%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that IUS4.DE 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.
Loading charts...
Volatility by Period
| IUS4.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 4.75% | -1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.58% | 11.99% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.94% | 16.05% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 20.91% | -6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 21.54% | -5.60% |
IUS4.DE vs. NQSE.DE - Expense Ratio Comparison
IUS4.DE has a 0.58% expense ratio, which is higher than NQSE.DE's 0.33% expense ratio.
Dividends
IUS4.DE vs. NQSE.DE - Dividend Comparison
IUS4.DE's dividend yield for the trailing twelve months is around 0.87%, while NQSE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUS4.DE iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.87% | 1.88% | 1.70% | 1.77% | 2.10% | 1.47% | 1.60% | 1.45% | 1.41% | 1.31% | 1.15% | 0.70% |
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
IUS4.DE and NQSE.DE have a correlation of 0.38, 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 0.58% for IUS4.DE.
IUS4.DE is categorized as Japan Equities, while NQSE.DE is Nasdaq-100. IUS4.DE tracks MSCI Japan Small Cap, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.58% for IUS4.DE and 0.33% for NQSE.DE.
Find the right allocation for IUS4.DE and NQSE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer