NQSE.DE vs. ISP6.L
NQSE.DE (iShares NASDAQ 100 UCITS ETF) and ISP6.L (iShares S&P SmallCap 600 UCITS ETF) are both exchange-traded funds - NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD. Both are passively managed. Over the past 5 years, NQSE.DE returned 11.89%/yr vs 7.94%/yr for ISP6.L. A 0.51 correlation means they provide meaningful diversification when combined. NQSE.DE charges 0.33%/yr vs 0.40%/yr for ISP6.L.
Performance
NQSE.DE vs. ISP6.L - Performance Comparison
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Different Trading Currencies
NQSE.DE is traded in EUR, while ISP6.L is traded in GBp. To make them comparable, the ISP6.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NQSE.DE achieves a 10.53% return, which is significantly lower than ISP6.L's 22.68% return.
NQSE.DE
- 1D
- -2.24%
- 1M
- -5.74%
- 6M
- 10.53%
- YTD
- 10.53%
- 1Y
- 21.18%
- 3Y*
- 20.13%
- 5Y*
- 11.89%
- 10Y*
- —
ISP6.L
- 1D
- -1.25%
- 1M
- 3.20%
- 6M
- 15.15%
- YTD
- 22.68%
- 1Y
- 31.69%
- 3Y*
- 12.58%
- 5Y*
- 7.94%
- 10Y*
- 9.79%
NQSE.DE vs. ISP6.L - 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% |
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 22.68% | -6.07% | 14.01% | 13.33% | -11.53% | 36.18% | 1.06% | 24.98% | -21.10% |
Correlation
The correlation between NQSE.DE and ISP6.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.51 |
The correlation between NQSE.DE and ISP6.L has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.
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Return for Risk
NQSE.DE vs. ISP6.L — Risk / Return Rank
NQSE.DE
ISP6.L
NQSE.DE vs. ISP6.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 UCITS ETF (NQSE.DE) and iShares S&P SmallCap 600 UCITS ETF (ISP6.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.
| NQSE.DE | ISP6.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.36 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 5.15 | -3.37 |
| Martin ratioReturn relative to average drawdown | 5.78 | 14.60 | -8.82 |
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Drawdowns
NQSE.DE vs. ISP6.L - Drawdown Comparison
The maximum NQSE.DE drawdown since its inception was -37.62%, smaller than the maximum ISP6.L drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for NQSE.DE and ISP6.L.
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Drawdown Indicators
| NQSE.DE | ISP6.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.62% | -70.50% | +32.88% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -6.12% | -5.76% |
Max Drawdown (3Y)Largest decline over 3 years | -22.41% | -32.44% | +10.03% |
Max Drawdown (5Y)Largest decline over 5 years | -37.62% | -32.44% | -5.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.30% | — |
Current DrawdownCurrent decline from peak | -6.95% | -2.65% | -4.30% |
Average DrawdownAverage peak-to-trough decline | -8.49% | -17.36% | +8.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 2.17% | +1.50% |
Volatility
NQSE.DE vs. ISP6.L - Volatility Comparison
iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a higher volatility of 6.20% compared to iShares S&P SmallCap 600 UCITS ETF (ISP6.L) at 4.51%. This indicates that NQSE.DE's price experiences larger fluctuations and is considered to be riskier than ISP6.L 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 | ISP6.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 4.51% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 13.90% | 10.90% | +3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.71% | 15.83% | +1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.19% | 19.92% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 21.25% | +0.35% |
NQSE.DE vs. ISP6.L - Expense Ratio Comparison
NQSE.DE has a 0.33% expense ratio, which is lower than ISP6.L's 0.40% expense ratio.
Dividends
NQSE.DE vs. ISP6.L - Dividend Comparison
NQSE.DE has not paid dividends to shareholders, while ISP6.L's dividend yield for the trailing twelve months is around 0.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 0.53% | 1.22% | 1.15% | 1.08% | 1.00% | 0.65% | 0.94% | 0.97% | 0.96% | 0.78% | 0.77% | 0.53% |
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 ISP6.L have a correlation of 0.47, 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 0.40% for ISP6.L.
NQSE.DE is categorized as Nasdaq-100, while ISP6.L is Small Cap Blend Equities. NQSE.DE tracks NASDAQ-100 Index, while ISP6.L tracks Russell 2000 TR USD. Their fees differ too: 0.33% for NQSE.DE and 0.40% for ISP6.L.
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