PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IUVL.L vs. CNDX.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

IUVL.L vs. CNDX.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc) (IUVL.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L).

IUVL.L and CNDX.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUVL.L is a passively managed fund by iShares that tracks the performance of the MSCI USA Enhanced Value Index. It was launched on Feb 23, 2018. CNDX.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. Both IUVL.L and CNDX.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IUVL.L vs. CNDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc) (IUVL.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

IUVL.L vs. CNDX.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IUVL.L
iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc)		5.64%33.07%6.49%14.53%-14.87%29.80%-1.49%25.93%-12.11%21.68%
CNDX.L
iShares NASDAQ 100 UCITS ETF		-5.13%19.75%26.45%56.31%-33.45%27.96%48.33%38.07%-1.03%32.36%

Returns By Period

In the year-to-date period, IUVL.L achieves a 5.64% return, which is significantly higher than CNDX.L's -5.13% return.

IUVL.L

1D
3.87%
1M
-2.33%
YTD
5.64%
6M
16.15%
1Y
38.76%
3Y*
18.80%
5Y*
9.52%
10Y*
—

CNDX.L

1D
3.32%
1M
-2.99%
YTD
-5.13%
6M
-2.25%
1Y
24.64%
3Y*
23.05%
5Y*
13.06%
10Y*
18.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc)

iShares NASDAQ 100 UCITS ETF

Often compared with IUVL.L:
IUVL.L vs. IJPD.LIUVL.L vs. GLDIUVL.L vs. IWVL.LIUVL.L vs. SEMIIUVL.L vs. SPLW.LIUVL.L vs. SCHDIUVL.L vs. VTV
Often compared with CNDX.L:
CNDX.L vs. QQQCNDX.L vs. EQQQ.DECNDX.L vs. CNX1.LCNDX.L vs. SXRV.DECNDX.L vs. CSPX.LCNDX.L vs. EQQU.LCNDX.L vs. CNDX.AS

IUVL.L vs. CNDX.L - Expense Ratio Comparison

IUVL.L has a 0.20% expense ratio, which is lower than CNDX.L's 0.33% expense ratio.

CNDX.L
iShares NASDAQ 100 UCITS ETF
IUVL.L
iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc)

Return for Risk

IUVL.L vs. CNDX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUVL.L
IUVL.L Risk / Return Rank: 9292
Overall Rank
IUVL.L Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
IUVL.L Sortino Ratio Rank: 9292
Sortino Ratio Rank
IUVL.L Omega Ratio Rank: 9090
Omega Ratio Rank
IUVL.L Calmar Ratio Rank: 9393
Calmar Ratio Rank
IUVL.L Martin Ratio Rank: 9595
Martin Ratio Rank
CNDX.L
CNDX.L Risk / Return Rank: 7777
Overall Rank
CNDX.L Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
CNDX.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
CNDX.L Omega Ratio Rank: 6565
Omega Ratio Rank
CNDX.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
CNDX.L Martin Ratio Rank: 9090
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.

IUVL.L vs. CNDX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc) (IUVL.L) and iShares NASDAQ 100 UCITS ETF (CNDX.L). 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.

IUVL.LCNDX.LDifference

Sharpe ratio

Return per unit of total volatility

2.13

1.24

+0.89

Sortino ratio

Return per unit of downside risk

2.86

1.83

+1.02

Omega ratio

Gain probability vs. loss probability

1.40

1.25

+0.15

Calmar ratio

Return relative to maximum drawdown

3.88

3.26

+0.62

Martin ratio

Return relative to average drawdown

16.23

12.14

+4.09

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

IUVL.L vs. CNDX.L - Sharpe Ratio Comparison

The current IUVL.L Sharpe Ratio is 2.13, which is higher than the CNDX.L Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of IUVL.L and CNDX.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

IUVL.LCNDX.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.13

1.24

+0.89

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.62

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.94

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

1.03

-0.43

Correlation

The correlation between IUVL.L and CNDX.L is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IUVL.L vs. CNDX.L - Dividend Comparison

Neither IUVL.L nor CNDX.L has paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
IUVL.L
iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CNDX.L
iShares NASDAQ 100 UCITS ETF		0.00%0.00%0.02%0.05%0.06%0.03%0.04%0.07%0.06%0.30%0.16%0.16%

Drawdowns

IUVL.L vs. CNDX.L - Drawdown Comparison

The maximum IUVL.L drawdown since its inception was -39.73%, which is greater than CNDX.L's maximum drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for IUVL.L and CNDX.L.

Loading graphics...

Drawdown Indicators

IUVL.LCNDX.LDifference

Max Drawdown

Largest peak-to-trough decline

-39.73%

-35.17%

-4.56%

Max Drawdown (1Y)

Largest decline over 1 year

-13.45%

-12.06%

-1.39%

Max Drawdown (5Y)

Largest decline over 5 years

-26.70%

-35.17%

+8.47%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.17%

—

Current Drawdown

Current decline from peak

-4.92%

-7.55%

+2.63%

Average Drawdown

Average peak-to-trough decline

-7.40%

-5.35%

-2.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

2.95%

-0.60%

Volatility

IUVL.L vs. CNDX.L - Volatility Comparison

iShares Edge MSCI USA Value Factor UCITS ETF USD (Acc) (IUVL.L) has a higher volatility of 6.52% compared to iShares NASDAQ 100 UCITS ETF (CNDX.L) at 6.11%. This indicates that IUVL.L's price experiences larger fluctuations and is considered to be riskier than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

IUVL.LCNDX.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.52%

6.11%

+0.41%

Volatility (6M)

Calculated over the trailing 6-month period

10.98%

11.94%

-0.96%

Volatility (1Y)

Calculated over the trailing 1-year period

18.10%

19.67%

-1.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.47%

20.86%

-3.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.84%

20.01%

-1.17%