NASD.L vs. MSFT

Last updated Jun 5, 2026

NASD.L (Lyxor Nasdaq-100 Ucits ETF Acc USD) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while MSFT (Microsoft Corporation) is a stock. Over the past 5 years, NASD.L returned 17.79%/yr vs 12.20%/yr for MSFT. At a 0.47 correlation, their price movements are largely independent.

Performance

NASD.L vs. MSFT - 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 Microsoft Corporation (MSFT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NASD.L achieves a 19.73% return, which is significantly higher than MSFT's -11.10% return.

NASD.L

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

MSFT

• 1D: 0.17%
• 1M: 4.28%
• YTD: -11.10%
• 6M: -10.58%
• 1Y: -6.98%
• 3Y*: 9.26%
• 5Y*: 12.20%
• 10Y*: 24.97%

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

NASD.L vs. MSFT - 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%
MSFT Microsoft Corporation	-11.10%	15.58%	12.93%	58.19%	-28.02%	52.48%	42.53%	57.56%	4.91%

Correlation

The correlation between NASD.L and MSFT is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 15, 2018	0.47

Return for Risk

NASD.L vs. MSFT — 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

MSFT

MSFT Risk / Return Rank: 30
MSFT Sharpe Ratio Rank: 30
MSFT Sortino Ratio Rank: 26
MSFT Omega Ratio Rank: 26
MSFT Calmar Ratio Rank: 35
MSFT Martin Ratio Rank: 34

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. MSFT - 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 Microsoft Corporation (MSFT). 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	MSFT	Difference
Sharpe ratio: Return per unit of total volatility	2.55	-0.28	+2.83
Sortino ratio: Return per unit of downside risk	3.50	-0.22	+3.71
Omega ratio: Gain probability vs. loss probability	1.44	0.97	+0.47
Calmar ratio: Return relative to maximum drawdown	3.69	-0.21	+3.90
Martin ratio: Return relative to average drawdown	13.29	-0.44	+13.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NASD.L vs. MSFT - Sharpe Ratio Comparison

The current NASD.L Sharpe Ratio is 2.55, which is higher than the MSFT Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of NASD.L and MSFT, 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

	NASD.L	MSFT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	-0.28	+2.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.46	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.75	+0.23

Drawdowns

NASD.L vs. MSFT - Drawdown Comparison

The maximum NASD.L drawdown since its inception was -35.01%, smaller than the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for NASD.L and MSFT.

Drawdown Indicators

	NASD.L	MSFT	Difference
Max Drawdown Largest peak-to-trough decline	-35.01%	-69.38%	+34.37%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-33.91%	+22.98%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	-33.91%	+11.55%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	-37.15%	+2.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.15%	—
Current Drawdown Current decline from peak	-0.74%	-20.53%	+19.79%
Average Drawdown Average peak-to-trough decline	-7.28%	-21.78%	+14.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	16.00%	-12.96%

Volatility

NASD.L vs. MSFT - Volatility Comparison

The current volatility for Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.L) is 4.92%, while Microsoft Corporation (MSFT) has a volatility of 9.93%. This indicates that NASD.L experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NASD.L	MSFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	9.93%	-5.01%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	22.32%	-10.63%
Volatility (1Y) Calculated over the trailing 1-year period	15.83%	25.12%	-9.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	26.61%	-5.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.24%	27.03%	-5.79%

Dividends

NASD.L vs. MSFT - Dividend Comparison

NASD.L has not paid dividends to shareholders, while MSFT's dividend yield for the trailing twelve months is around 0.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSFT Microsoft Corporation	0.83%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
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%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

NASD.L and MSFT have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.