PPFB.DE vs. NQSE.DE
PPFB.DE (iShares Physical Gold ETC) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - PPFB.DE is a Gold fund tracking the Gold, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, PPFB.DE returned 17.85%/yr vs 11.89%/yr for NQSE.DE. At a correlation of -0.00, they often move in opposite directions. PPFB.DE charges 0.12%/yr vs 0.33%/yr for NQSE.DE.
Performance
PPFB.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, PPFB.DE achieves a -6.38% return, which is significantly lower than NQSE.DE's 10.53% return.
PPFB.DE
- 1D
- 0.00%
- 1M
- -4.91%
- 6M
- -11.49%
- YTD
- -6.38%
- 1Y
- 21.76%
- 3Y*
- 25.59%
- 5Y*
- 17.85%
- 10Y*
- —
NQSE.DE
- 1D
- -2.24%
- 1M
- -5.74%
- 6M
- 10.53%
- YTD
- 10.53%
- 1Y
- 21.18%
- 3Y*
- 20.13%
- 5Y*
- 11.89%
- 10Y*
- —
PPFB.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PPFB.DE iShares Physical Gold ETC | -6.38% | 49.11% | 34.17% | 9.42% | 7.03% | 2.86% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 10.53% | 18.19% | 24.02% | 52.15% | -36.27% | 10.92% |
Correlation
The correlation between PPFB.DE and NQSE.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | -0.00 |
The correlation between PPFB.DE and NQSE.DE shifts across timeframes, from -0.00 (5 years) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PPFB.DE vs. NQSE.DE — Risk / Return Rank
PPFB.DE
NQSE.DE
PPFB.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (PPFB.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.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.
| PPFB.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.78 | -0.81 |
| Martin ratioReturn relative to average drawdown | 2.28 | 5.78 | -3.51 |
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Drawdowns
PPFB.DE vs. NQSE.DE - Drawdown Comparison
The maximum PPFB.DE drawdown since its inception was -22.54%, smaller than the maximum NQSE.DE drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for PPFB.DE and NQSE.DE.
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Drawdown Indicators
| PPFB.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.54% | -37.62% | +15.08% |
Max Drawdown (1Y)Largest decline over 1 year | -22.54% | -11.88% | -10.66% |
Max Drawdown (3Y)Largest decline over 3 years | -22.54% | -22.41% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -22.54% | -37.62% | +15.08% |
Current DrawdownCurrent decline from peak | -22.54% | -6.95% | -15.59% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -8.49% | +3.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.58% | 3.67% | +5.91% |
Volatility
PPFB.DE vs. NQSE.DE - Volatility Comparison
iShares Physical Gold ETC (PPFB.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.DE) have volatilities of 6.29% and 6.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPFB.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 6.20% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 21.19% | 13.90% | +7.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 17.71% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 21.19% | -4.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.45% | 21.60% | -5.15% |
PPFB.DE vs. NQSE.DE - Expense Ratio Comparison
PPFB.DE has a 0.12% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
PPFB.DE vs. NQSE.DE - Dividend Comparison
Neither PPFB.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
PPFB.DE and NQSE.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPFB.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPFB.DE is cheaper with a 0.12% expense ratio, compared with 0.33% for NQSE.DE.
PPFB.DE is categorized as Gold, while NQSE.DE is Nasdaq-100. PPFB.DE tracks Gold, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.12% for PPFB.DE and 0.33% for NQSE.DE.
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