N1ES.DE vs. ANAU.DE
N1ES.DE (Invesco Nasdaq-100 ESG UCITS ETF Acc) and ANAU.DE (AXA IM NASDAQ 100 UCITS ETF - USD Acc) are both Nasdaq-100 funds - N1ES.DE tracks the Nasdaq 100® ESG while ANAU.DE tracks the NASDAQ-100 Index. Both are passively managed. Over the past year, N1ES.DE returned 39.34% vs 38.19% for ANAU.DE. Their correlation of 0.94 suggests significant overlap in exposure. N1ES.DE charges 0.25%/yr vs 0.14%/yr for ANAU.DE.
Performance
N1ES.DE vs. ANAU.DE - Performance Comparison
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Different Trading Currencies
N1ES.DE is traded in EUR, while ANAU.DE is traded in USD. To make them comparable, the ANAU.DE values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with N1ES.DE having a 21.31% return and ANAU.DE slightly lower at 20.62%.
N1ES.DE
- 1D
- -0.74%
- 1M
- 8.84%
- YTD
- 21.31%
- 6M
- 19.74%
- 1Y
- 39.34%
- 3Y*
- 25.46%
- 5Y*
- —
- 10Y*
- —
ANAU.DE
- 1D
- -0.83%
- 1M
- 9.26%
- YTD
- 20.62%
- 6M
- 19.50%
- 1Y
- 38.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
N1ES.DE vs. ANAU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
N1ES.DE Invesco Nasdaq-100 ESG UCITS ETF Acc | 21.31% | 8.26% | 33.55% | 10.77% |
ANAU.DE AXA IM NASDAQ 100 UCITS ETF - USD Acc | 20.63% | 6.81% | 34.15% | 11.12% |
Correlation
The correlation between N1ES.DE and ANAU.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2023 | 0.94 |
The correlation between N1ES.DE and ANAU.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
N1ES.DE vs. ANAU.DE — Risk / Return Rank
N1ES.DE
ANAU.DE
N1ES.DE vs. ANAU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and AXA IM NASDAQ 100 UCITS ETF - USD Acc (ANAU.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.
| N1ES.DE | ANAU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 3.74 | -0.05 |
| Martin ratioReturn relative to average drawdown | 10.62 | 11.11 | -0.49 |
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
| N1ES.DE | ANAU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | 2.31 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 1.38 | -0.57 |
Drawdowns
N1ES.DE vs. ANAU.DE - Drawdown Comparison
The maximum N1ES.DE drawdown since its inception was -29.96%, which is greater than ANAU.DE's maximum drawdown of -26.00%. Use the drawdown chart below to compare losses from any high point for N1ES.DE and ANAU.DE.
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Drawdown Indicators
| N1ES.DE | ANAU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.96% | -26.00% | -3.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -10.15% | -0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -26.65% | — | — |
Current DrawdownCurrent decline from peak | -0.74% | -0.83% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -8.51% | -4.30% | -4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 3.43% | +0.35% |
Volatility
N1ES.DE vs. ANAU.DE - Volatility Comparison
Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and AXA IM NASDAQ 100 UCITS ETF - USD Acc (ANAU.DE) have volatilities of 4.64% and 4.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| N1ES.DE | ANAU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 4.56% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 11.63% | 11.85% | -0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.59% | 16.48% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 19.09% | +1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.73% | 19.09% | +1.64% |
N1ES.DE vs. ANAU.DE - Expense Ratio Comparison
N1ES.DE has a 0.25% expense ratio, which is higher than ANAU.DE's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
N1ES.DE vs. ANAU.DE - Dividend Comparison
Neither N1ES.DE nor ANAU.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, N1ES.DE and ANAU.DE 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.
On fees, ANAU.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ANAU.DE is cheaper with a 0.14% expense ratio, compared with 0.25% for N1ES.DE.
N1ES.DE tracks Nasdaq 100® ESG, while ANAU.DE tracks NASDAQ-100 Index. They also come from different issuers: Invesco and AXA IM. Their fees differ too: 0.25% for N1ES.DE and 0.14% for ANAU.DE.
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