LDO.MI vs. CSNDX.MI
LDO.MI (Leonardo S.p.A.) is a stock, while CSNDX.MI (iShares NASDAQ 100 UCITS ETF USD (Acc)) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, LDO.MI returned 19.15%/yr vs 21.25%/yr for CSNDX.MI. At a 0.28 correlation, their price movements are largely independent.
Performance
LDO.MI vs. CSNDX.MI - Performance Comparison
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Returns By Period
In the year-to-date period, LDO.MI achieves a 4.27% return, which is significantly lower than CSNDX.MI's 20.42% return. Over the past 10 years, LDO.MI has underperformed CSNDX.MI with an annualized return of 19.15%, while CSNDX.MI has yielded a comparatively higher 21.25% annualized return.
LDO.MI
- 1D
- 0.77%
- 1M
- -3.79%
- YTD
- 4.27%
- 6M
- 8.26%
- 1Y
- -2.46%
- 3Y*
- 72.08%
- 5Y*
- 49.78%
- 10Y*
- 19.15%
CSNDX.MI
- 1D
- -0.81%
- 1M
- 9.28%
- YTD
- 20.42%
- 6M
- 19.45%
- 1Y
- 37.69%
- 3Y*
- 24.49%
- 5Y*
- 18.66%
- 10Y*
- 21.25%
LDO.MI vs. CSNDX.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDO.MI Leonardo S.p.A. | 4.27% | 91.71% | 75.81% | 87.64% | 29.81% | 6.60% | -42.19% | 38.03% | -21.39% | -24.95% |
CSNDX.MI iShares NASDAQ 100 UCITS ETF USD (Acc) | 20.42% | 6.74% | 35.09% | 50.07% | -30.24% | 39.83% | 35.45% | 41.91% | 3.62% | 16.34% |
Correlation
The correlation between LDO.MI and CSNDX.MI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2010 | 0.28 |
The correlation between LDO.MI and CSNDX.MI shifts across timeframes, from 0.18 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LDO.MI vs. CSNDX.MI — Risk / Return Rank
LDO.MI
CSNDX.MI
LDO.MI vs. CSNDX.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo S.p.A. (LDO.MI) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CSNDX.MI). 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.
| LDO.MI | CSNDX.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.42 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 3.79 | -3.89 |
| Martin ratioReturn relative to average drawdown | -0.21 | 11.18 | -11.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LDO.MI | CSNDX.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 2.42 | -2.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.38 | 0.94 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 1.08 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.07 | -0.89 |
Drawdowns
LDO.MI vs. CSNDX.MI - Drawdown Comparison
The maximum LDO.MI drawdown since its inception was -90.12%, which is greater than CSNDX.MI's maximum drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for LDO.MI and CSNDX.MI.
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Drawdown Indicators
| LDO.MI | CSNDX.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.12% | -31.19% | -58.93% |
Max Drawdown (1Y)Largest decline over 1 year | -23.76% | -9.95% | -13.81% |
Max Drawdown (3Y)Largest decline over 3 years | -23.76% | -26.71% | +2.95% |
Max Drawdown (5Y)Largest decline over 5 years | -33.70% | -31.19% | -2.51% |
Max Drawdown (10Y)Largest decline over 10 years | -73.16% | -31.19% | -41.97% |
Current DrawdownCurrent decline from peak | -20.23% | -0.81% | -19.42% |
Average DrawdownAverage peak-to-trough decline | -52.87% | -5.43% | -47.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.58% | 3.37% | +8.21% |
Volatility
LDO.MI vs. CSNDX.MI - Volatility Comparison
Leonardo S.p.A. (LDO.MI) has a higher volatility of 10.58% compared to iShares NASDAQ 100 UCITS ETF USD (Acc) (CSNDX.MI) at 4.28%. This indicates that LDO.MI's price experiences larger fluctuations and is considered to be riskier than CSNDX.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDO.MI | CSNDX.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 4.28% | +6.30% |
Volatility (6M)Calculated over the trailing 6-month period | 29.75% | 10.79% | +18.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.24% | 15.61% | +25.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.63% | 19.79% | +15.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.73% | 19.61% | +18.12% |
Dividends
LDO.MI vs. CSNDX.MI - Dividend Comparison
LDO.MI's dividend yield for the trailing twelve months is around 1.01%, while CSNDX.MI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CSNDX.MI iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDO.MI Leonardo S.p.A. | 1.01% | 1.06% | 1.08% | 0.94% | 1.74% | 0.00% | 2.37% | 1.34% | 1.82% | 1.41% |
Frequently Asked Questions
LDO.MI and CSNDX.MI have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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