NASL.L vs. 500G.L

Last updated Jun 25, 2026

NASL.L (Lyxor UCITS Nasdaq-100 D-EUR) and 500G.L (Amundi S&P 500 Swap UCITS ETF USD Acc) are both exchange-traded funds - NASL.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while 500G.L is a S&P 500 fund tracking the S&P 500. Both are passively managed. Over the past 10 years, NASL.L returned 19.77%/yr vs 12.31%/yr for 500G.L. A 0.78 correlation means they provide meaningful diversification when combined. NASL.L charges 0.30%/yr vs 0.15%/yr for 500G.L.

Performance

NASL.L vs. 500G.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor UCITS Nasdaq-100 D-EUR (NASL.L) and Amundi S&P 500 Swap UCITS ETF USD Acc (500G.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NASL.L achieves a 18.79% return, which is significantly higher than 500G.L's 9.64% return. Over the past 10 years, NASL.L has outperformed 500G.L with an annualized return of 19.77%, while 500G.L has yielded a comparatively lower 12.31% annualized return.

NASL.L

• 1D: 0.45%
• 1M: 1.64%
• YTD: 18.79%
• 6M: 18.49%
• 1Y: 38.34%
• 3Y*: 24.80%
• 5Y*: 17.38%
• 10Y*: 19.77%

500G.L

• 1D: 0.00%
• 1M: 0.27%
• YTD: 9.64%
• 6M: 9.83%
• 1Y: 26.48%
• 3Y*: 19.13%
• 5Y*: 14.12%
• 10Y*: 12.31%

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

NASL.L vs. 500G.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NASL.L Lyxor UCITS Nasdaq-100 D-EUR	18.79%	11.71%	28.78%	47.95%	-25.38%	29.78%	43.43%	19.99%	4.55%	16.27%
500G.L Amundi S&P 500 Swap UCITS ETF USD Acc	9.64%	9.44%	27.44%	19.89%	-8.86%	31.35%	13.81%	27.01%	-25.34%	21.51%

Correlation

The correlation between NASL.L and 500G.L is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jul 2, 2010	0.78

The correlation between NASL.L and 500G.L shifts across timeframes, from 0.78 (all time) to 0.90 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

NASL.L vs. 500G.L — Risk / Return Rank

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

NASL.L

NASL.L Risk / Return Rank: 77
NASL.L Sharpe Ratio Rank: 85
NASL.L Sortino Ratio Rank: 82
NASL.L Omega Ratio Rank: 82
NASL.L Calmar Ratio Rank: 76
NASL.L Martin Ratio Rank: 62

500G.L

500G.L Risk / Return Rank: 32
500G.L Sharpe Ratio Rank: 19
500G.L Sortino Ratio Rank: 25
500G.L Omega Ratio Rank: 80
500G.L Calmar Ratio Rank: 22
500G.L Martin Ratio Rank: 16

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.

NASL.L vs. 500G.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor UCITS Nasdaq-100 D-EUR (NASL.L) and Amundi S&P 500 Swap UCITS ETF USD Acc (500G.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.

	NASL.L	500G.L	Difference
Sharpe ratio: Return per unit of total volatility	2.43	0.61	+1.83
Sortino ratio: Return per unit of downside risk	3.22	1.28	+1.94
Omega ratio: Gain probability vs. loss probability	1.43	1.42	+0.02
Calmar ratio: Return relative to maximum drawdown	3.47	0.93	+2.55
Martin ratio: Return relative to average drawdown	10.05	1.40	+8.65

NASL.L vs. 500G.L - Sharpe Ratio Comparison

The current NASL.L Sharpe Ratio is 2.43, which is higher than the 500G.L Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of NASL.L and 500G.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

NASL.L vs. 500G.L - Drawdown Comparison

The maximum NASL.L drawdown since its inception was -41.96%, which is greater than 500G.L's maximum drawdown of -35.39%. Use the drawdown chart below to compare losses from any high point for NASL.L and 500G.L.

Drawdown Indicators

	NASL.L	500G.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.96%	-35.39%	-6.57%
Max Drawdown (1Y) Largest decline over 1 year	-10.98%	-28.61%	+17.63%
Max Drawdown (3Y) Largest decline over 3 years	-24.53%	-28.61%	+4.08%
Max Drawdown (5Y) Largest decline over 5 years	-27.49%	-28.61%	+1.12%
Max Drawdown (10Y) Largest decline over 10 years	-27.49%	-35.39%	+7.90%
Current Drawdown Current decline from peak	-2.46%	-17.15%	+14.69%
Average Drawdown Average peak-to-trough decline	-7.34%	-6.17%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	18.89%	-15.08%

Volatility

NASL.L vs. 500G.L - Volatility Comparison

Lyxor UCITS Nasdaq-100 D-EUR (NASL.L) has a higher volatility of 6.45% compared to Amundi S&P 500 Swap UCITS ETF USD Acc (500G.L) at 3.47%. This indicates that NASL.L's price experiences larger fluctuations and is considered to be riskier than 500G.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NASL.L	500G.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	3.47%	+2.98%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	7.75%	+3.88%
Volatility (1Y) Calculated over the trailing 1-year period	15.70%	43.60%	-27.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.96%	23.73%	-2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.80%	22.09%	-1.29%

NASL.L vs. 500G.L - Expense Ratio Comparison

NASL.L has a 0.30% expense ratio, which is higher than 500G.L's 0.15% expense ratio.

Dividends

NASL.L vs. 500G.L - Dividend Comparison

Neither NASL.L nor 500G.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
500G.L Amundi S&P 500 Swap UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NASL.L Lyxor UCITS Nasdaq-100 D-EUR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.69%	0.61%	0.68%

Frequently Asked Questions

Can I hold both NASL.L and 500G.L in my portfolio?

NASL.L and 500G.L have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NASL.L or 500G.L?

On fees, 500G.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NASL.L or 500G.L?

500G.L is cheaper with a 0.15% expense ratio, compared with 0.30% for NASL.L.

What is the main difference between NASL.L and 500G.L?

NASL.L is categorized as Nasdaq-100, while 500G.L is S&P 500. NASL.L tracks Russell 1000 Growth TR USD, while 500G.L tracks S&P 500. Their fees differ too: 0.30% for NASL.L and 0.15% for 500G.L.