NESP.L vs. CB5.L
NESP.L (Invesco Nasdaq-100 ESG UCITS ETF Acc) and CB5.L (Amundi ETF MSCI Europe Banks UCITS ETF) are both exchange-traded funds - NESP.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while CB5.L is a Financials Equities fund tracking the MSCI World/Financials NR USD. Both are passively managed. Over the past year, NESP.L returned 44.13% vs 44.85% for CB5.L. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
NESP.L vs. CB5.L - Performance Comparison
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Returns By Period
In the year-to-date period, NESP.L achieves a 20.57% return, which is significantly higher than CB5.L's 6.56% return.
NESP.L
- 1D
- -0.61%
- 1M
- 10.79%
- YTD
- 20.57%
- 6M
- 19.40%
- 1Y
- 44.13%
- 3Y*
- 25.65%
- 5Y*
- —
- 10Y*
- —
CB5.L
- 1D
- 0.41%
- 1M
- 6.43%
- YTD
- 6.56%
- 6M
- 13.41%
- 1Y
- 44.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NESP.L vs. CB5.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NESP.L Invesco Nasdaq-100 ESG UCITS ETF Acc | 20.57% | 12.78% | 13.82% |
CB5.L Amundi ETF MSCI Europe Banks UCITS ETF | 6.56% | 83.78% | 6.12% |
Correlation
The correlation between NESP.L and CB5.L 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 (All Time) Calculated using the full available price history since Jun 6, 2024 | 0.33 |
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Return for Risk
NESP.L vs. CB5.L — Risk / Return Rank
NESP.L
CB5.L
NESP.L vs. CB5.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) and Amundi ETF MSCI Europe Banks UCITS ETF (CB5.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.
| NESP.L | CB5.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.35 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.67 | 2.94 | +0.73 |
| Martin ratioReturn relative to average drawdown | 10.38 | 10.36 | +0.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NESP.L | CB5.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.86 | 2.09 | +0.77 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 2.03 | -1.43 |
Drawdowns
NESP.L vs. CB5.L - Drawdown Comparison
The maximum NESP.L drawdown since its inception was -26.62%, which is greater than CB5.L's maximum drawdown of -17.55%. Use the drawdown chart below to compare losses from any high point for NESP.L and CB5.L.
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Drawdown Indicators
| NESP.L | CB5.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.62% | -17.55% | -9.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -15.17% | +3.21% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | — | — |
Current DrawdownCurrent decline from peak | -0.61% | -1.20% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -10.26% | -2.47% | -7.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.24% | 4.32% | -0.08% |
Volatility
NESP.L vs. CB5.L - Volatility Comparison
The current volatility for Invesco Nasdaq-100 ESG UCITS ETF Acc (NESP.L) is 4.41%, while Amundi ETF MSCI Europe Banks UCITS ETF (CB5.L) has a volatility of 6.12%. This indicates that NESP.L experiences smaller price fluctuations and is considered to be less risky than CB5.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NESP.L | CB5.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 6.12% | -1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.95% | 17.68% | -6.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.35% | 21.41% | -6.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.41% | 21.79% | +7.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.41% | 21.79% | +7.62% |
NESP.L vs. CB5.L - Expense Ratio Comparison
Both NESP.L and CB5.L have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
NESP.L vs. CB5.L - Dividend Comparison
Neither NESP.L nor CB5.L has paid dividends to shareholders.
Frequently Asked Questions
NESP.L and CB5.L 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.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NESP.L and CB5.L have the same expense ratio: 0.25% per year.
NESP.L is categorized as Nasdaq-100, while CB5.L is Financials Equities. NESP.L tracks Russell 1000 Growth TR USD, while CB5.L tracks MSCI World/Financials NR USD. They also come from different issuers: Invesco and Amundi.
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