SUWS.L vs. CNDX.L
SUWS.L (iShares MSCI World SRI UCITS ETF USD (Dist)) and CNDX.L (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - SUWS.L is a Global Equities fund tracking the iShares MSCI World SRI UCITS ETF USD (Dist), while CNDX.L is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, SUWS.L returned 9.18%/yr vs 15.27%/yr for CNDX.L. Their correlation of 0.85 suggests significant overlap in exposure. SUWS.L charges 0.20%/yr vs 0.33%/yr for CNDX.L.
Performance
SUWS.L vs. CNDX.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SUWS.L achieves a 10.37% return, which is significantly lower than CNDX.L's 15.91% return.
SUWS.L
- 1D
- -0.43%
- 1M
- -1.35%
- 6M
- 8.12%
- YTD
- 10.37%
- 1Y
- 18.55%
- 3Y*
- 13.89%
- 5Y*
- 9.18%
- 10Y*
- —
CNDX.L
- 1D
- -0.67%
- 1M
- -3.48%
- 6M
- 16.01%
- YTD
- 15.91%
- 1Y
- 28.40%
- 3Y*
- 23.77%
- 5Y*
- 15.27%
- 10Y*
- 20.97%
SUWS.L vs. CNDX.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SUWS.L iShares MSCI World SRI UCITS ETF USD (Dist) | 10.37% | 14.86% | 11.22% | 25.16% | -21.20% | 25.32% | 21.04% | 29.76% | -7.49% | 4.80% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 15.91% | 19.75% | 26.42% | 56.22% | -33.49% | 27.92% | 48.25% | 37.96% | -1.08% | 6.68% |
Correlation
The correlation between SUWS.L and CNDX.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2017 | 0.85 |
The correlation between SUWS.L and CNDX.L has been stable across timeframes, ranging from 0.82 to 0.86 - 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
SUWS.L vs. CNDX.L — Risk / Return Rank
SUWS.L
CNDX.L
SUWS.L vs. CNDX.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World SRI UCITS ETF USD (Dist) (SUWS.L) and iShares NASDAQ 100 UCITS ETF (CNDX.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.
| SUWS.L | CNDX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.57 | -0.52 |
| Martin ratioReturn relative to average drawdown | 7.87 | 8.61 | -0.75 |
Loading charts...
Drawdowns
SUWS.L vs. CNDX.L - Drawdown Comparison
The maximum SUWS.L drawdown since its inception was -31.97%, smaller than the maximum CNDX.L drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for SUWS.L and CNDX.L.
Loading charts...
Drawdown Indicators
| SUWS.L | CNDX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.97% | -35.21% | +3.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.56% | -11.00% | +1.44% |
Max Drawdown (3Y)Largest decline over 3 years | -17.81% | -22.44% | +4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -29.06% | -35.21% | +6.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.21% | — |
Current DrawdownCurrent decline from peak | -1.78% | -3.87% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -5.12% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 3.29% | -0.80% |
Volatility
SUWS.L vs. CNDX.L - Volatility Comparison
The current volatility for iShares MSCI World SRI UCITS ETF USD (Dist) (SUWS.L) is 4.00%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 5.89%. This indicates that SUWS.L experiences smaller price fluctuations and is considered to be less risky than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SUWS.L | CNDX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 5.89% | -1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 13.78% | -2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 17.32% | -3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.40% | 21.15% | -4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 20.13% | -3.28% |
SUWS.L vs. CNDX.L - Expense Ratio Comparison
SUWS.L has a 0.20% expense ratio, which is lower than CNDX.L's 0.33% expense ratio.
Dividends
SUWS.L vs. CNDX.L - Dividend Comparison
SUWS.L's dividend yield for the trailing twelve months is around 1.20%, while CNDX.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SUWS.L iShares MSCI World SRI UCITS ETF USD (Dist) | 1.20% | 1.21% | 1.41% | 1.52% | 1.71% | 1.20% | 1.21% | 1.70% | 2.26% |
Frequently Asked Questions
SUWS.L and CNDX.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUWS.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUWS.L is cheaper with a 0.20% expense ratio, compared with 0.33% for CNDX.L.
SUWS.L is categorized as Global Equities, while CNDX.L is Nasdaq-100. SUWS.L tracks iShares MSCI World SRI UCITS ETF USD (Dist), while CNDX.L tracks NASDAQ-100 Index. Their fees differ too: 0.20% for SUWS.L and 0.33% for CNDX.L.
Find the right allocation for SUWS.L and CNDX.L
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