MWOT.DE vs. CNDX.L

Last updated Jun 5, 2026

MWOT.DE (Amundi Russell 1000 Growth UCITS ETF Acc) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - MWOT.DE is a Large Cap Growth Equities fund tracking the Russell 1000 Growth Index, while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, MWOT.DE returned 24.11% vs 39.29% for CNDX.L. Their correlation of 0.89 suggests significant overlap in exposure. MWOT.DE charges 0.19%/yr vs 0.33%/yr for CNDX.L.

Performance

MWOT.DE vs. CNDX.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amundi Russell 1000 Growth UCITS ETF Acc (MWOT.DE) and iShares NASDAQ 100 UCITS ETF (CNDX.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MWOT.DE achieves a 6.07% return, which is significantly lower than CNDX.L's 19.65% return.

MWOT.DE

• 1D: -0.17%
• 1M: 3.79%
• YTD: 6.07%
• 6M: 6.11%
• 1Y: 24.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNDX.L

• 1D: -0.66%
• 1M: 6.81%
• YTD: 19.65%
• 6M: 18.66%
• 1Y: 39.29%
• 3Y*: 27.98%
• 5Y*: 17.61%
• 10Y*: 21.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MWOT.DE vs. CNDX.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MWOT.DE Amundi Russell 1000 Growth UCITS ETF Acc	6.07%	18.02%	7.47%
CNDX.L iShares NASDAQ 100 UCITS ETF	19.65%	19.75%	4.39%

Correlation

The correlation between MWOT.DE and CNDX.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024	0.89

The correlation between MWOT.DE and CNDX.L has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.

Return for Risk

MWOT.DE vs. CNDX.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MWOT.DE

MWOT.DE Risk / Return Rank: 40
MWOT.DE Sharpe Ratio Rank: 45
MWOT.DE Sortino Ratio Rank: 46
MWOT.DE Omega Ratio Rank: 43
MWOT.DE Calmar Ratio Rank: 33
MWOT.DE Martin Ratio Rank: 35

CNDX.L

CNDX.L Risk / Return Rank: 75
CNDX.L Sharpe Ratio Rank: 79
CNDX.L Sortino Ratio Rank: 79
CNDX.L Omega Ratio Rank: 74
CNDX.L Calmar Ratio Rank: 73
CNDX.L Martin Ratio Rank: 71

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.

MWOT.DE vs. CNDX.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Russell 1000 Growth UCITS ETF Acc (MWOT.DE) 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.

	MWOT.DE	CNDX.L	Difference
Sharpe ratio: Return per unit of total volatility	1.56	2.52	-0.95
Sortino ratio: Return per unit of downside risk	2.28	3.50	-1.23
Omega ratio: Gain probability vs. loss probability	1.27	1.43	-0.16
Calmar ratio: Return relative to maximum drawdown	1.61	3.61	-2.01
Martin ratio: Return relative to average drawdown	5.17	13.03	-7.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MWOT.DE vs. CNDX.L - Sharpe Ratio Comparison

The current MWOT.DE Sharpe Ratio is 1.56, which is lower than the CNDX.L Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of MWOT.DE and CNDX.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MWOT.DE	CNDX.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	2.52	-0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.12	-0.27

Drawdowns

MWOT.DE vs. CNDX.L - Drawdown Comparison

The maximum MWOT.DE drawdown since its inception was -23.24%, smaller than the maximum CNDX.L drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for MWOT.DE and CNDX.L.

Drawdown Indicators

	MWOT.DE	CNDX.L	Difference
Max Drawdown Largest peak-to-trough decline	-23.24%	-35.17%	+11.93%
Max Drawdown (1Y) Largest decline over 1 year	-15.44%	-11.00%	-4.44%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.17%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.17%	—
Current Drawdown Current decline from peak	-1.59%	-0.76%	-0.83%
Average Drawdown Average peak-to-trough decline	-4.28%	-5.30%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.80%	3.07%	+1.73%

Volatility

MWOT.DE vs. CNDX.L - Volatility Comparison

The current volatility for Amundi Russell 1000 Growth UCITS ETF Acc (MWOT.DE) is 4.17%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 4.90%. This indicates that MWOT.DE experiences smaller price fluctuations and is considered to be less risky than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MWOT.DE	CNDX.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	4.90%	-0.73%
Volatility (6M) Calculated over the trailing 6-month period	11.49%	11.88%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	15.87%	15.79%	+0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.74%	20.87%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.74%	20.07%	-0.33%

MWOT.DE vs. CNDX.L - Expense Ratio Comparison

MWOT.DE has a 0.19% expense ratio, which is lower than CNDX.L's 0.33% expense ratio.

Dividends

MWOT.DE vs. CNDX.L - Dividend Comparison

Neither MWOT.DE nor CNDX.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
MWOT.DE Amundi Russell 1000 Growth UCITS ETF 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%

Frequently Asked Questions

Can I hold both MWOT.DE and CNDX.L in my portfolio?

With a correlation of 0.91, MWOT.DE and CNDX.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, MWOT.DE or CNDX.L?

On fees, MWOT.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MWOT.DE or CNDX.L?

MWOT.DE is cheaper with a 0.19% expense ratio, compared with 0.33% for CNDX.L.

What is the main difference between MWOT.DE and CNDX.L?

MWOT.DE is categorized as Large Cap Growth Equities, while CNDX.L is Nasdaq-100. MWOT.DE tracks Russell 1000 Growth Index, while CNDX.L tracks NASDAQ-100 Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.19% for MWOT.DE and 0.33% for CNDX.L.