SXR2.DE vs. NQSE.DE
SXR2.DE (iShares MSCI Canada UCITS ETF USD (Acc)) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - SXR2.DE is a Canada Equities fund tracking the MSCI Canada Index, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, SXR2.DE returned 11.98%/yr vs 12.85%/yr for NQSE.DE. A 0.59 correlation means they provide meaningful diversification when combined. SXR2.DE charges 0.48%/yr vs 0.33%/yr for NQSE.DE.
Performance
SXR2.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SXR2.DE achieves a 9.88% return, which is significantly lower than NQSE.DE's 14.72% return.
SXR2.DE
- 1D
- 0.76%
- 1M
- 0.46%
- 6M
- 11.04%
- YTD
- 9.88%
- 1Y
- 29.57%
- 3Y*
- 18.37%
- 5Y*
- 11.98%
- 10Y*
- 10.55%
NQSE.DE
- 1D
- 0.35%
- 1M
- -3.37%
- 6M
- 16.19%
- YTD
- 14.72%
- 1Y
- 26.71%
- 3Y*
- 22.71%
- 5Y*
- 12.85%
- 10Y*
- —
SXR2.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SXR2.DE iShares MSCI Canada UCITS ETF USD (Acc) | 9.88% | 22.31% | 18.64% | 10.40% | -7.44% | 35.09% | -3.70% | 30.10% | -12.42% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 14.72% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 35.63% | -15.97% |
Correlation
The correlation between SXR2.DE and NQSE.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2018 | 0.59 |
The correlation between SXR2.DE and NQSE.DE shifts across timeframes, from 0.48 (3 years) to 0.59 (all time), reflecting how their relationship changes across market environments.
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
SXR2.DE vs. NQSE.DE — Risk / Return Rank
SXR2.DE
NQSE.DE
SXR2.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Canada UCITS ETF USD (Acc) (SXR2.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.
| SXR2.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.27 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.61 | 2.24 | +2.38 |
| Martin ratioReturn relative to average drawdown | 19.67 | 7.50 | +12.16 |
Loading charts...
Drawdowns
SXR2.DE vs. NQSE.DE - Drawdown Comparison
The maximum SXR2.DE drawdown since its inception was -40.76%, which is greater than NQSE.DE's maximum drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for SXR2.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| SXR2.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.76% | -37.62% | -3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -6.38% | -11.88% | +5.50% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -22.41% | +4.83% |
Max Drawdown (5Y)Largest decline over 5 years | -17.62% | -37.62% | +20.00% |
Max Drawdown (10Y)Largest decline over 10 years | -40.76% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | -3.42% | +2.70% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -8.51% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 3.55% | -2.05% |
Volatility
SXR2.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares MSCI Canada UCITS ETF USD (Acc) (SXR2.DE) is 3.35%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 7.00%. This indicates that SXR2.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
| SXR2.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 7.00% | -3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 13.51% | -5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.91% | 17.21% | -5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.40% | 21.11% | -5.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.83% | 21.59% | -4.76% |
SXR2.DE vs. NQSE.DE - Expense Ratio Comparison
SXR2.DE has a 0.48% expense ratio, which is higher than NQSE.DE's 0.33% expense ratio.
Dividends
SXR2.DE vs. NQSE.DE - Dividend Comparison
Neither SXR2.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
SXR2.DE and NQSE.DE have a correlation of 0.48, 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 0.48% for SXR2.DE.
SXR2.DE is categorized as Canada Equities, while NQSE.DE is Nasdaq-100. SXR2.DE tracks MSCI Canada Index, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.48% for SXR2.DE and 0.33% for NQSE.DE.
Find the right allocation for SXR2.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