NQSE.DE vs. IS3R.DE
NQSE.DE (iShares NASDAQ 100 UCITS ETF) and IS3R.DE (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) are both exchange-traded funds - NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while IS3R.DE is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 5 years, NQSE.DE returned 11.89%/yr vs 13.11%/yr for IS3R.DE. A 0.78 correlation means they provide meaningful diversification when combined. NQSE.DE charges 0.33%/yr vs 0.25%/yr for IS3R.DE.
Performance
NQSE.DE vs. IS3R.DE - Performance Comparison
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Returns By Period
In the year-to-date period, NQSE.DE achieves a 10.53% return, which is significantly lower than IS3R.DE's 17.74% return.
NQSE.DE
- 1D
- -2.24%
- 1M
- -5.25%
- 6M
- 10.53%
- YTD
- 10.53%
- 1Y
- 21.27%
- 3Y*
- 20.13%
- 5Y*
- 11.89%
- 10Y*
- —
IS3R.DE
- 1D
- -1.41%
- 1M
- -6.88%
- 6M
- 12.62%
- YTD
- 17.74%
- 1Y
- 26.21%
- 3Y*
- 23.97%
- 5Y*
- 13.11%
- 10Y*
- 14.10%
NQSE.DE vs. IS3R.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NQSE.DE iShares NASDAQ 100 UCITS ETF | 10.53% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 35.63% | -15.97% |
IS3R.DE iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 17.74% | 8.37% | 37.95% | 8.09% | -13.60% | 24.52% | 16.42% | 31.46% | -12.84% |
Correlation
The correlation between NQSE.DE and IS3R.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.78 |
The correlation between NQSE.DE and IS3R.DE has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.
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Return for Risk
NQSE.DE vs. IS3R.DE — Risk / Return Rank
NQSE.DE
IS3R.DE
NQSE.DE vs. IS3R.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 Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.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 | IS3R.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.69 | -0.91 |
| Martin ratioReturn relative to average drawdown | 5.78 | 9.39 | -3.60 |
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Drawdowns
NQSE.DE vs. IS3R.DE - Drawdown Comparison
The maximum NQSE.DE drawdown since its inception was -37.62%, which is greater than IS3R.DE's maximum drawdown of -30.76%. Use the drawdown chart below to compare losses from any high point for NQSE.DE and IS3R.DE.
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Drawdown Indicators
| NQSE.DE | IS3R.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.62% | -30.76% | -6.86% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -9.70% | -2.18% |
Max Drawdown (3Y)Largest decline over 3 years | -22.41% | -23.57% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -37.62% | -23.57% | -14.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.76% | — |
Current DrawdownCurrent decline from peak | -6.95% | -9.70% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -7.16% | -1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 2.78% | +0.89% |
Volatility
NQSE.DE vs. IS3R.DE - Volatility Comparison
The current volatility for iShares NASDAQ 100 UCITS ETF (NQSE.DE) is 6.20%, while iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) has a volatility of 8.51%. This indicates that NQSE.DE experiences smaller price fluctuations and is considered to be less risky than IS3R.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 | IS3R.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 8.51% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 13.90% | 16.70% | -2.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.71% | 19.58% | -1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.19% | 17.83% | +3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 18.28% | +3.32% |
NQSE.DE vs. IS3R.DE - Expense Ratio Comparison
NQSE.DE has a 0.33% expense ratio, which is higher than IS3R.DE's 0.25% expense ratio.
Dividends
NQSE.DE vs. IS3R.DE - Dividend Comparison
Neither NQSE.DE nor IS3R.DE has paid dividends to shareholders.
Frequently Asked Questions
NQSE.DE and IS3R.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3R.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3R.DE is cheaper with a 0.25% expense ratio, compared with 0.33% for NQSE.DE.
NQSE.DE is categorized as Nasdaq-100, while IS3R.DE is Momentum. NQSE.DE tracks NASDAQ-100 Index, while IS3R.DE tracks MSCI World Momentum Index. Their fees differ too: 0.33% for NQSE.DE and 0.25% for IS3R.DE.
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