NASDX vs. DJSC.AS

Last updated Jun 9, 2026

NASDX (Shelton Capital Management Nasdaq-100 Index Fund Direct Shares) and DJSC.AS (iShares EURO STOXX Small UCITS ETF) are both funds - NASDX is a Large Cap Growth Equities fund tracking the NASDAQ-100 Index, while DJSC.AS is a Europe Equities fund tracking the MSCI EMU SMID NR EUR. Both are passively managed. Over the past 10 years, NASDX returned 21.88%/yr vs 8.92%/yr for DJSC.AS. At a 0.42 correlation, their price movements are largely independent. NASDX charges 0.63%/yr vs 0.40%/yr for DJSC.AS.

Performance

NASDX vs. DJSC.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and iShares EURO STOXX Small UCITS ETF (DJSC.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NASDX is traded in USD, while DJSC.AS is traded in EUR. To make them comparable, the DJSC.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, NASDX achieves a 14.68% return, which is significantly higher than DJSC.AS's 7.90% return. Over the past 10 years, NASDX has outperformed DJSC.AS with an annualized return of 21.88%, while DJSC.AS has yielded a comparatively lower 8.92% annualized return.

NASDX

• 1D: -4.76%
• 1M: -0.88%
• YTD: 14.68%
• 6M: 13.19%
• 1Y: 33.57%
• 3Y*: 30.14%
• 5Y*: 18.65%
• 10Y*: 21.88%

DJSC.AS

• 1D: -0.17%
• 1M: 1.43%
• YTD: 7.90%
• 6M: 11.45%
• 1Y: 20.24%
• 3Y*: 13.60%
• 5Y*: 4.14%
• 10Y*: 8.92%

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

NASDX vs. DJSC.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	14.68%	21.00%	36.91%	54.69%	-32.57%	27.32%	48.59%	38.22%	-1.21%	31.27%
DJSC.AS iShares EURO STOXX Small UCITS ETF	7.90%	37.74%	-8.89%	16.22%	-19.64%	13.28%	18.15%	23.07%	-16.89%	39.47%

Correlation

The correlation between NASDX and DJSC.AS is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 28, 2007	0.42

The correlation between NASDX and DJSC.AS shifts across timeframes, from 0.37 (3 years) to 0.48 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

NASDX vs. DJSC.AS — Risk / Return Rank

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

NASDX

NASDX Risk / Return Rank: 54
NASDX Sharpe Ratio Rank: 54
NASDX Sortino Ratio Rank: 44
NASDX Omega Ratio Rank: 49
NASDX Calmar Ratio Rank: 64
NASDX Martin Ratio Rank: 59

DJSC.AS

DJSC.AS Risk / Return Rank: 36
DJSC.AS Sharpe Ratio Rank: 37
DJSC.AS Sortino Ratio Rank: 37
DJSC.AS Omega Ratio Rank: 37
DJSC.AS Calmar Ratio Rank: 32
DJSC.AS Martin Ratio Rank: 38

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.

NASDX vs. DJSC.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) and iShares EURO STOXX Small UCITS ETF (DJSC.AS). 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.

	NASDX	DJSC.AS	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.25	+0.84
Sortino ratio: Return per unit of downside risk	2.70	1.83	+0.88
Omega ratio: Gain probability vs. loss probability	1.37	1.23	+0.14
Calmar ratio: Return relative to maximum drawdown	2.95	1.42	+1.53
Martin ratio: Return relative to average drawdown	11.38	5.08	+6.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NASDX vs. DJSC.AS - Sharpe Ratio Comparison

The current NASDX Sharpe Ratio is 2.09, which is higher than the DJSC.AS Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of NASDX and DJSC.AS, 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

	NASDX	DJSC.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	1.25	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.21	+0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	0.46	+0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.17	+0.15

Drawdowns

NASDX vs. DJSC.AS - Drawdown Comparison

The maximum NASDX drawdown since its inception was -83.16%, which is greater than DJSC.AS's maximum drawdown of -65.70%. Use the drawdown chart below to compare losses from any high point for NASDX and DJSC.AS.

Drawdown Indicators

	NASDX	DJSC.AS	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-65.70%	-17.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.90%	-13.96%	+2.06%
Max Drawdown (3Y) Largest decline over 3 years	-22.71%	-17.29%	-5.42%
Max Drawdown (5Y) Largest decline over 5 years	-35.33%	-40.22%	+4.89%
Max Drawdown (10Y) Largest decline over 10 years	-35.33%	-40.22%	+4.89%
Current Drawdown Current decline from peak	-5.52%	-1.80%	-3.72%
Average Drawdown Average peak-to-trough decline	-34.36%	-17.42%	-16.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	3.92%	-0.84%

Volatility

NASDX vs. DJSC.AS - Volatility Comparison

Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) has a higher volatility of 6.67% compared to iShares EURO STOXX Small UCITS ETF (DJSC.AS) at 4.42%. This indicates that NASDX's price experiences larger fluctuations and is considered to be riskier than DJSC.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NASDX	DJSC.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.67%	4.42%	+2.25%
Volatility (6M) Calculated over the trailing 6-month period	13.18%	13.20%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	16.82%	15.91%	+0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.13%	19.67%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.72%	18.94%	+3.78%

NASDX vs. DJSC.AS - Expense Ratio Comparison

NASDX has a 0.63% expense ratio, which is higher than DJSC.AS's 0.40% expense ratio.

Dividends

NASDX vs. DJSC.AS - Dividend Comparison

NASDX's dividend yield for the trailing twelve months is around 3.16%, more than DJSC.AS's 2.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DJSC.AS iShares EURO STOXX Small UCITS ETF	2.40%	3.00%	2.66%	2.24%	2.22%	1.48%	1.20%	2.01%	2.48%	1.81%	2.10%	2.12%
NASDX Shelton Capital Management Nasdaq-100 Index Fund Direct Shares	3.16%	3.76%	16.95%	7.61%	3.75%	2.59%	1.28%	7.09%	2.47%	1.65%	0.75%	0.85%

Frequently Asked Questions

Can I hold both NASDX and DJSC.AS in my portfolio?

NASDX and DJSC.AS have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.