NADQ.DE vs. CNX1.L
NADQ.DE (Amundi Nasdaq-100 II UCITS ETF Dist) and CNX1.L (iShares NASDAQ 100 UCITS ETF USD (Acc)) are both Nasdaq-100 funds - NADQ.DE tracks the Nasdaq 100® while CNX1.L tracks the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, NADQ.DE returned 21.45%/yr vs 21.10%/yr for CNX1.L. Their correlation of 0.89 suggests significant overlap in exposure. NADQ.DE charges 0.22%/yr vs 0.36%/yr for CNX1.L.
Performance
NADQ.DE vs. CNX1.L - Performance Comparison
Loading charts...
Different Trading Currencies
NADQ.DE is traded in EUR, while CNX1.L is traded in GBp. To make them comparable, the CNX1.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NADQ.DE achieves a 20.63% return, which is significantly higher than CNX1.L's 18.44% return. Both investments have delivered pretty close results over the past 10 years, with NADQ.DE having a 21.45% annualized return and CNX1.L not far behind at 21.10%.
NADQ.DE
- 1D
- -0.86%
- 1M
- 5.87%
- YTD
- 20.63%
- 6M
- 18.75%
- 1Y
- 37.49%
- 3Y*
- 24.74%
- 5Y*
- 18.92%
- 10Y*
- 21.45%
CNX1.L
- 1D
- -0.23%
- 1M
- 3.85%
- YTD
- 18.44%
- 6M
- 16.46%
- 1Y
- 34.49%
- 3Y*
- 24.15%
- 5Y*
- 18.05%
- 10Y*
- 21.10%
NADQ.DE vs. CNX1.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NADQ.DE Amundi Nasdaq-100 II UCITS ETF Dist | 20.63% | 7.04% | 34.07% | 51.46% | -29.91% | 39.75% | 34.72% | 43.03% | 3.29% | 15.73% |
CNX1.L iShares NASDAQ 100 UCITS ETF USD (Acc) | 18.44% | 5.75% | 34.71% | 50.84% | -29.37% | 37.92% | 35.46% | 42.13% | 3.33% | 15.39% |
Correlation
The correlation between NADQ.DE and CNX1.L 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 (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2010 | 0.89 |
The correlation between NADQ.DE and CNX1.L has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.
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
NADQ.DE vs. CNX1.L — Risk / Return Rank
NADQ.DE
CNX1.L
NADQ.DE vs. CNX1.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.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.
| NADQ.DE | CNX1.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 3.37 | +0.42 |
| Martin ratioReturn relative to average drawdown | 11.32 | 10.04 | +1.28 |
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
| NADQ.DE | CNX1.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.21 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.59 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 0.81 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.04 | +0.93 |
Drawdowns
NADQ.DE vs. CNX1.L - Drawdown Comparison
The maximum NADQ.DE drawdown since its inception was -33.44%, which is greater than CNX1.L's maximum drawdown of -31.25%. Use the drawdown chart below to compare losses from any high point for NADQ.DE and CNX1.L.
Loading charts...
Drawdown Indicators
| NADQ.DE | CNX1.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.44% | -31.25% | -2.19% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -10.18% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -26.50% | -0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -31.16% | -31.25% | +0.09% |
Max Drawdown (10Y)Largest decline over 10 years | -31.16% | -31.25% | +0.09% |
Current DrawdownCurrent decline from peak | -0.86% | -2.75% | +1.89% |
Average DrawdownAverage peak-to-trough decline | -5.93% | -5.58% | -0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 3.42% | -0.07% |
Volatility
NADQ.DE vs. CNX1.L - Volatility Comparison
Amundi Nasdaq-100 II UCITS ETF Dist (NADQ.DE) and iShares NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L) have volatilities of 4.26% and 4.36%, 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.
Loading charts...
Volatility by Period
| NADQ.DE | CNX1.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 4.36% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 10.95% | 10.94% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 15.55% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.84% | 30.91% | -11.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 25.91% | -6.37% |
NADQ.DE vs. CNX1.L - Expense Ratio Comparison
NADQ.DE has a 0.22% expense ratio, which is lower than CNX1.L's 0.36% expense ratio.
Dividends
NADQ.DE vs. CNX1.L - Dividend Comparison
NADQ.DE's dividend yield for the trailing twelve months is around 0.33%, while CNX1.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CNX1.L 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% |
NADQ.DE Amundi Nasdaq-100 II UCITS ETF Dist | 0.33% | 0.40% | 0.55% | 0.40% | 0.79% | 0.51% | 0.40% | 0.54% | 0.63% |
Frequently Asked Questions
With a correlation of 0.96, NADQ.DE and CNX1.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.
On fees, NADQ.DE is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NADQ.DE is cheaper with a 0.22% expense ratio, compared with 0.36% for CNX1.L.
NADQ.DE tracks Nasdaq 100®, while CNX1.L tracks NASDAQ-100 Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.22% for NADQ.DE and 0.36% for CNX1.L.
Find the right allocation for NADQ.DE and CNX1.L
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