NASD.L vs. NESP.L

Last updated Jul 18, 2026

NASD.L (Lyxor Nasdaq-100 Ucits ETF Acc USD) and NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) are both Nasdaq-100 funds - NASD.L tracks the NASDAQ-100 Index while NESP.L tracks the Russell 1000 Growth TR USD. Both are passively managed. Over the past 3 years, NASD.L returned 22.81%/yr vs 24.66%/yr for NESP.L. Their correlation of 0.95 suggests significant overlap in exposure. NASD.L charges 0.30%/yr vs 0.25%/yr for NESP.L.

Performance

NASD.L vs. NESP.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 Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NASD.L is traded in USD, while NESP.L is traded in GBp. To make them comparable, the NESP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NASD.L achieves a 12.60% return, which is significantly lower than NESP.L's 15.95% return.

NASD.L

• 1D: -2.22%
• 1M: -5.09%
• 6M: 11.98%
• YTD: 12.60%
• 1Y: 24.37%
• 3Y*: 22.81%
• 5Y*: 14.79%
• 10Y*: 21.92%

NESP.L

• 1D: 0.00%
• 1M: -1.87%
• 6M: 15.51%
• YTD: 15.95%
• 1Y: 28.51%
• 3Y*: 24.66%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023	2022	2021
NASD.L Lyxor Nasdaq-100 Ucits ETF Acc USD	12.60%	19.86%	26.83%	56.40%	-33.39%	7.03%
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc	15.95%	21.29%	26.52%	55.94%	-32.55%	-21.84%

Correlation

The correlation between NASD.L and NESP.L is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021	0.95

The correlation between NASD.L and NESP.L has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

NASD.L vs. NESP.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: 52
NASD.L Sharpe Ratio Rank: 50
NASD.L Sortino Ratio Rank: 51
NASD.L Omega Ratio Rank: 48
NASD.L Calmar Ratio Rank: 56
NASD.L Martin Ratio Rank: 55

NESP.L

NESP.L Risk / Return Rank: 58
NESP.L Sharpe Ratio Rank: 62
NESP.L Sortino Ratio Rank: 59
NESP.L Omega Ratio Rank: 60
NESP.L Calmar Ratio Rank: 60
NESP.L Martin Ratio Rank: 49

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. NESP.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 Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NASD.L	NESP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.59	-0.21
Sortino ratio: Return per unit of downside risk	2.00	2.24	-0.24
Omega ratio: Gain probability vs. loss probability	1.25	1.28	-0.03
Calmar ratio: Return relative to maximum drawdown	2.22	2.35	-0.13
Martin ratio: Return relative to average drawdown	7.36	7.90	-0.55

NASD.L vs. NESP.L - Sharpe Ratio Comparison

The current NASD.L Sharpe Ratio is 1.38, which is comparable to the NESP.L Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of NASD.L and NESP.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.

Drawdowns

NASD.L vs. NESP.L - Drawdown Comparison

The maximum NASD.L drawdown since its inception was -41.96%, smaller than the maximum NESP.L drawdown of -49.60%. Use the drawdown chart below to compare losses from any high point for NASD.L and NESP.L.

Drawdown Indicators

	NASD.L	NESP.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.96%	-49.60%	+7.64%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-12.18%	+1.25%
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	-23.01%	+0.65%
Max Drawdown (5Y) Largest decline over 5 years	-35.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.01%	—	—
Current Drawdown Current decline from peak	-6.65%	-4.32%	-2.33%
Average Drawdown Average peak-to-trough decline	-7.40%	-18.74%	+11.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	3.62%	-0.32%

Volatility

NASD.L vs. NESP.L - Volatility Comparison

Lyxor Nasdaq-100 Ucits ETF Acc USD (NASD.L) and Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) have volatilities of 6.57% and 6.75%, 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.

Volatility by Period

	NASD.L	NESP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.57%	6.75%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	14.16%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	17.60%	18.07%	-0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.76%	24.76%	-3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.67%	24.76%	-3.09%

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

NASD.L has a 0.30% expense ratio, which is higher than NESP.L's 0.25% expense ratio.

Dividends

NASD.L vs. NESP.L - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%	0.69%	0.87%
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc	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 NASD.L and NESP.L in my portfolio?

With a correlation of 0.95, NASD.L and NESP.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, NASD.L or NESP.L?

On fees, NESP.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

NESP.L is cheaper with a 0.25% expense ratio, compared with 0.30% for NASD.L.

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

NASD.L tracks NASDAQ-100 Index, while NESP.L tracks Russell 1000 Growth TR USD. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.30% for NASD.L and 0.25% for NESP.L.