NASD.L vs. LCWD.L

Last updated Jun 5, 2026

NASD.L (Lyxor Nasdaq-100 Ucits ETF Acc USD) and LCWD.L (Lyxor Core MSCI World (DR) UCITS ETF) are both exchange-traded funds - NASD.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while LCWD.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. A 0.80 correlation means they provide meaningful diversification when combined. NASD.L charges 0.30%/yr vs 0.12%/yr for LCWD.L.

Performance

NASD.L vs. LCWD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.L) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NASD.L

• 1D: -0.74%
• 1M: 8.56%
• YTD: 19.73%
• 6M: 19.19%
• 1Y: 40.49%
• 3Y*: 28.20%
• 5Y*: 17.79%
• 10Y*: —

LCWD.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NASD.L vs. LCWD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NASD.L Lyxor Nasdaq-100 Ucits ETF Acc USD	19.73%	19.87%	26.82%	56.40%	-33.39%	28.25%	48.47%	38.09%	-8.81%
LCWD.L Lyxor Core MSCI World (DR) UCITS ETF	0.00%	4.01%	19.12%	24.28%	-18.85%	22.86%	15.93%	26.94%	-10.95%

Correlation

The correlation between NASD.L and LCWD.L is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since May 15, 2018	0.80

The correlation between NASD.L and LCWD.L shifts across timeframes, from 0.58 (3 years) to 0.80 (all time), reflecting how their relationship changes across market environments.

NASD.L vs. LCWD.L - Sectors Allocation Comparison

Sectors	NASD.L	LCWD.L
Technology	53.7%	26.3%
Communication Services	15.8%	8.7%
Consumer Cyclical	12.2%	11.1%
Consumer Defensive	7.7%	5.9%
Healthcare	4.2%	10.7%
Industrials	3.1%	10.0%
Utilities	1.4%	2.6%
Basic Materials	1.1%	3.1%
Energy	0.6%	3.7%
Financial Services	0.2%	16.0%
Real Estate	0.1%	2.1%

Return for Risk

NASD.L vs. LCWD.L — Risk / Return Rank

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

NASD.L

NASD.L Risk / Return Rank: 76
NASD.L Sharpe Ratio Rank: 80
NASD.L Sortino Ratio Rank: 79
NASD.L Omega Ratio Rank: 75
NASD.L Calmar Ratio Rank: 74
NASD.L Martin Ratio Rank: 72

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.

NASD.L vs. LCWD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.L) and Lyxor Core MSCI World (DR) UCITS ETF (LCWD.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.

	NASD.L	LCWD.L	Difference
Sharpe ratio: Return per unit of total volatility	2.55	—	—
Sortino ratio: Return per unit of downside risk	3.50	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	3.69	—	—
Martin ratio: Return relative to average drawdown	13.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NASD.L	LCWD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	—	—

Drawdowns

Drawdown Indicators

	NASD.L	LCWD.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.01%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	—	—
Current Drawdown Current decline from peak	-0.74%	—	—
Average Drawdown Average peak-to-trough decline	-7.28%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	—	—

Volatility

Volatility by Period

	NASD.L	LCWD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.24%	—	—

NASD.L vs. LCWD.L - Expense Ratio Comparison

NASD.L has a 0.30% expense ratio, which is higher than LCWD.L's 0.12% expense ratio.

Dividends

NASD.L vs. LCWD.L - Dividend Comparison

Neither NASD.L nor LCWD.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LCWD.L Lyxor Core MSCI World (DR) UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NASD.L Lyxor Nasdaq-100 Ucits ETF Acc USD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.66%	0.70%

Frequently Asked Questions

Can I hold both NASD.L and LCWD.L in my portfolio?

NASD.L and LCWD.L have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NASD.L or LCWD.L?

On fees, LCWD.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NASD.L or LCWD.L?

LCWD.L is cheaper with a 0.12% expense ratio, compared with 0.30% for NASD.L.

What is the main difference between NASD.L and LCWD.L?

NASD.L is categorized as Nasdaq-100, while LCWD.L is Global Equities. NASD.L tracks NASDAQ-100 Index, while LCWD.L tracks MSCI ACWI NR USD. Their fees differ too: 0.30% for NASD.L and 0.12% for LCWD.L.