NQSE.DE vs. IS3K.DE
NQSE.DE (iShares NASDAQ 100 UCITS ETF) and IS3K.DE (iShares USD Short Duration High Yield Corporate Bond UCITS ETF) are both exchange-traded funds - NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while IS3K.DE is a High Yield Bonds fund tracking the iBoxx® USD Liquid High Yield 0-5 Capped. Both are passively managed. Over the past 5 years, NQSE.DE returned 13.08%/yr vs 5.58%/yr for IS3K.DE. At a 0.16 correlation, their price movements are largely independent. NQSE.DE charges 0.33%/yr vs 0.45%/yr for IS3K.DE.
Performance
NQSE.DE vs. IS3K.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NQSE.DE achieves a 13.59% return, which is significantly higher than IS3K.DE's 5.32% return.
NQSE.DE
- 1D
- -0.58%
- 1M
- -2.18%
- YTD
- 13.59%
- 6M
- 13.59%
- 1Y
- 28.97%
- 3Y*
- 23.28%
- 5Y*
- 13.08%
- 10Y*
- —
IS3K.DE
- 1D
- -0.28%
- 1M
- 2.50%
- YTD
- 5.32%
- 6M
- 5.64%
- 1Y
- 8.56%
- 3Y*
- 6.28%
- 5Y*
- 5.58%
- 10Y*
- 4.69%
NQSE.DE vs. IS3K.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NQSE.DE iShares NASDAQ 100 UCITS ETF | 13.59% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 35.63% | -15.97% |
IS3K.DE iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 5.32% | -3.41% | 12.68% | 5.21% | 2.20% | 12.74% | -5.49% | 12.34% | -1.60% |
Correlation
The correlation between NQSE.DE and IS3K.DE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.16 |
The correlation between NQSE.DE and IS3K.DE shifts across timeframes, from 0.02 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NQSE.DE vs. IS3K.DE — Risk / Return Rank
NQSE.DE
IS3K.DE
NQSE.DE vs. IS3K.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (NQSE.DE) and iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE). 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.
| NQSE.DE | IS3K.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.27 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 2.76 | -0.33 |
| Martin ratioReturn relative to average drawdown | 8.22 | 8.97 | -0.75 |
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Drawdowns
NQSE.DE vs. IS3K.DE - Drawdown Comparison
The maximum NQSE.DE drawdown since its inception was -37.62%, which is greater than IS3K.DE's maximum drawdown of -27.02%. Use the drawdown chart below to compare losses from any high point for NQSE.DE and IS3K.DE.
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Drawdown Indicators
| NQSE.DE | IS3K.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.62% | -27.02% | -10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -3.09% | -8.79% |
Max Drawdown (3Y)Largest decline over 3 years | -22.41% | -11.25% | -11.16% |
Max Drawdown (5Y)Largest decline over 5 years | -37.62% | -11.25% | -26.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.93% | — |
Current DrawdownCurrent decline from peak | -4.37% | -1.14% | -3.23% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -6.53% | -1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 0.95% | +2.56% |
Volatility
NQSE.DE vs. IS3K.DE - Volatility Comparison
iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a higher volatility of 6.56% compared to iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE) at 1.31%. This indicates that NQSE.DE's price experiences larger fluctuations and is considered to be riskier than IS3K.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NQSE.DE | IS3K.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 1.31% | +5.25% |
Volatility (6M)Calculated over the trailing 6-month period | 13.33% | 3.85% | +9.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.01% | 5.72% | +11.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.09% | 7.10% | +13.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 7.82% | +13.78% |
NQSE.DE vs. IS3K.DE - Expense Ratio Comparison
NQSE.DE has a 0.33% expense ratio, which is lower than IS3K.DE's 0.45% expense ratio.
Dividends
NQSE.DE vs. IS3K.DE - Dividend Comparison
NQSE.DE has not paid dividends to shareholders, while IS3K.DE's dividend yield for the trailing twelve months is around 6.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IS3K.DE iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 6.60% | 6.65% | 6.31% | 5.70% | 4.36% | 4.12% | 5.05% | 5.26% | 5.48% | 5.68% | 5.57% | 5.05% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NQSE.DE and IS3K.DE have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NQSE.DE is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NQSE.DE is cheaper with a 0.33% expense ratio, compared with 0.45% for IS3K.DE.
NQSE.DE is categorized as Nasdaq-100, while IS3K.DE is High Yield Bonds. NQSE.DE tracks NASDAQ-100 Index, while IS3K.DE tracks iBoxx® USD Liquid High Yield 0-5 Capped. Their fees differ too: 0.33% for NQSE.DE and 0.45% for IS3K.DE.
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