SLMA.DE vs. NQSE.DE
SLMA.DE (iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc)) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - SLMA.DE is a Europe Equities fund tracking the MSCI EMU ESG Screened, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, SLMA.DE returned 10.24%/yr vs 14.91%/yr for NQSE.DE. A 0.66 correlation means they provide meaningful diversification when combined. SLMA.DE charges 0.12%/yr vs 0.33%/yr for NQSE.DE.
Performance
SLMA.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLMA.DE achieves a 8.54% return, which is significantly lower than NQSE.DE's 17.82% return.
SLMA.DE
- 1D
- 0.46%
- 1M
- 2.64%
- YTD
- 8.54%
- 6M
- 10.39%
- 1Y
- 16.70%
- 3Y*
- 15.58%
- 5Y*
- 10.24%
- 10Y*
- —
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
SLMA.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SLMA.DE iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) | 8.54% | 22.99% | 9.30% | 19.71% | -12.70% | 22.35% | 0.12% | 26.88% | -4.71% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -10.34% |
Correlation
The correlation between SLMA.DE and NQSE.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.66 |
The correlation between SLMA.DE and NQSE.DE has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SLMA.DE vs. NQSE.DE — Risk / Return Rank
SLMA.DE
NQSE.DE
SLMA.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) (SLMA.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.
| SLMA.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.12 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.39 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 3.08 | -1.45 |
| Martin ratioReturn relative to average drawdown | 5.91 | 10.77 | -4.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SLMA.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 2.28 | -1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.71 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.82 | -0.19 |
Drawdowns
SLMA.DE vs. NQSE.DE - Drawdown Comparison
The maximum SLMA.DE drawdown since its inception was -37.39%, roughly equal to the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for SLMA.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| SLMA.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.39% | -37.67% | +0.28% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -11.87% | +1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -15.06% | -22.40% | +7.34% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -37.67% | +12.57% |
Current DrawdownCurrent decline from peak | -0.36% | -0.84% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -8.56% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 3.40% | -0.56% |
Volatility
SLMA.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares MSCI EMU ESG Screened UCITS ETF EUR (Acc) (SLMA.DE) is 4.51%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that SLMA.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLMA.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 4.75% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 11.82% | 11.99% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.42% | 16.05% | -1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.16% | 20.91% | -4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.01% | 21.54% | -3.53% |
SLMA.DE vs. NQSE.DE - Expense Ratio Comparison
SLMA.DE has a 0.12% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
SLMA.DE vs. NQSE.DE - Dividend Comparison
Neither SLMA.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
SLMA.DE and NQSE.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SLMA.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SLMA.DE is cheaper with a 0.12% expense ratio, compared with 0.33% for NQSE.DE.
SLMA.DE is categorized as Europe Equities, while NQSE.DE is Nasdaq-100. SLMA.DE tracks MSCI EMU ESG Screened, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.12% for SLMA.DE and 0.33% for NQSE.DE.
Find the right allocation for SLMA.DE and NQSE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer