SXRS.DE vs. NQSE.DE
SXRS.DE (iShares Diversified Commodity Swap UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - SXRS.DE is a Commodities fund tracking the Bloomberg Commodity, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, SXRS.DE returned 12.06%/yr vs 14.91%/yr for NQSE.DE. At a 0.08 correlation, their price movements are largely independent. SXRS.DE charges 0.19%/yr vs 0.33%/yr for NQSE.DE.
Performance
SXRS.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SXRS.DE achieves a 23.84% return, which is significantly higher than NQSE.DE's 17.82% return.
SXRS.DE
- 1D
- -1.56%
- 1M
- -0.35%
- YTD
- 23.84%
- 6M
- 22.88%
- 1Y
- 34.67%
- 3Y*
- 12.54%
- 5Y*
- 12.06%
- 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*
- —
SXRS.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SXRS.DE iShares Diversified Commodity Swap UCITS ETF | 23.84% | 4.72% | 10.95% | -10.44% | 20.69% | 40.00% | -13.37% | 9.72% | -4.61% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between SXRS.DE and NQSE.DE is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.08 |
The correlation between SXRS.DE and NQSE.DE shifts across timeframes, from -0.16 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SXRS.DE vs. NQSE.DE — Risk / Return Rank
SXRS.DE
NQSE.DE
SXRS.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Commodity Swap UCITS ETF (SXRS.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.
| SXRS.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.39 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 3.08 | +0.92 |
| Martin ratioReturn relative to average drawdown | 8.95 | 10.77 | -1.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SXRS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | 2.28 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.71 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.82 | -0.28 |
Drawdowns
SXRS.DE vs. NQSE.DE - Drawdown Comparison
The maximum SXRS.DE drawdown since its inception was -27.64%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for SXRS.DE and NQSE.DE.
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Drawdown Indicators
| SXRS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.64% | -37.67% | +10.03% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -11.87% | +3.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.03% | -22.40% | +6.37% |
Max Drawdown (5Y)Largest decline over 5 years | -27.56% | -37.67% | +10.11% |
Current DrawdownCurrent decline from peak | -4.99% | -0.84% | -4.15% |
Average DrawdownAverage peak-to-trough decline | -13.12% | -8.56% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 3.40% | +0.52% |
Volatility
SXRS.DE vs. NQSE.DE - Volatility Comparison
iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) has a higher volatility of 5.76% compared to iShares NASDAQ 100 UCITS ETF (NQSE.DE) at 4.75%. This indicates that SXRS.DE's price experiences larger fluctuations and is considered to be riskier than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SXRS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.76% | 4.75% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 11.99% | +4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.76% | 16.05% | +2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 20.91% | -3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 21.54% | -5.69% |
SXRS.DE vs. NQSE.DE - Expense Ratio Comparison
SXRS.DE has a 0.19% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
SXRS.DE vs. NQSE.DE - Dividend Comparison
Neither SXRS.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
SXRS.DE and NQSE.DE have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SXRS.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SXRS.DE is cheaper with a 0.19% expense ratio, compared with 0.33% for NQSE.DE.
SXRS.DE is categorized as Commodities, while NQSE.DE is Nasdaq-100. SXRS.DE tracks Bloomberg Commodity, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.19% for SXRS.DE and 0.33% for NQSE.DE.
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