TNOW.L vs. CSY8.DE
TNOW.L (Lyxor MSCI World Information Technology TR UCITS ETF - Acc (USD)) and CSY8.DE (CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCITS ETF B USD) are both exchange-traded funds - TNOW.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while CSY8.DE is a Small Cap Blend Equities fund tracking the MSCI USA Small Cap ESG Leaders. Both are passively managed. Over the past 5 years, TNOW.L returned 20.26%/yr vs 5.41%/yr for CSY8.DE. A 0.55 correlation means they provide meaningful diversification when combined. TNOW.L charges 0.30%/yr vs 0.20%/yr for CSY8.DE.
Performance
TNOW.L vs. CSY8.DE - Performance Comparison
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Different Trading Currencies
TNOW.L is traded in USD, while CSY8.DE is traded in EUR. To make them comparable, the CSY8.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TNOW.L achieves a 20.33% return, which is significantly higher than CSY8.DE's 11.57% return.
TNOW.L
- 1D
- -3.15%
- 1M
- 7.89%
- YTD
- 20.33%
- 6M
- 19.12%
- 1Y
- 44.94%
- 3Y*
- 31.51%
- 5Y*
- 20.26%
- 10Y*
- 23.57%
CSY8.DE
- 1D
- 0.86%
- 1M
- 1.16%
- YTD
- 11.57%
- 6M
- 11.19%
- 1Y
- 27.97%
- 3Y*
- 14.08%
- 5Y*
- 5.41%
- 10Y*
- —
TNOW.L vs. CSY8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TNOW.L Lyxor MSCI World Information Technology TR UCITS ETF - Acc (USD) | 20.33% | 21.66% | 34.01% | 54.23% | -31.79% | 29.94% | 28.88% |
CSY8.DE CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCITS ETF B USD | 11.57% | 9.84% | 7.10% | 16.05% | -16.40% | 21.03% | 36.44% |
Correlation
The correlation between TNOW.L and CSY8.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020 | 0.55 |
The correlation between TNOW.L and CSY8.DE shifts across timeframes, from 0.41 (3 years) to 0.55 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TNOW.L vs. CSY8.DE — Risk / Return Rank
TNOW.L
CSY8.DE
TNOW.L vs. CSY8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI World Information Technology TR UCITS ETF - Acc (USD) (TNOW.L) and CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCITS ETF B USD (CSY8.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.
| TNOW.L | CSY8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 3.17 | -0.54 |
| Martin ratioReturn relative to average drawdown | 7.79 | 10.51 | -2.72 |
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
| TNOW.L | CSY8.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.62 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.25 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.62 | +0.36 |
Drawdowns
TNOW.L vs. CSY8.DE - Drawdown Comparison
The maximum TNOW.L drawdown since its inception was -36.17%, which is greater than CSY8.DE's maximum drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for TNOW.L and CSY8.DE.
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Drawdown Indicators
| TNOW.L | CSY8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.17% | -28.49% | -7.68% |
Max Drawdown (1Y)Largest decline over 1 year | -17.03% | -8.80% | -8.23% |
Max Drawdown (3Y)Largest decline over 3 years | -26.15% | -28.49% | +2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -36.17% | -28.49% | -7.68% |
Max Drawdown (10Y)Largest decline over 10 years | -36.17% | — | — |
Current DrawdownCurrent decline from peak | -5.64% | 0.00% | -5.64% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -8.82% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 2.66% | +3.09% |
Volatility
TNOW.L vs. CSY8.DE - Volatility Comparison
Lyxor MSCI World Information Technology TR UCITS ETF - Acc (USD) (TNOW.L) has a higher volatility of 8.46% compared to CSIF (IE) MSCI USA Small Cap ESG Leaders Blue UCITS ETF B USD (CSY8.DE) at 4.47%. This indicates that TNOW.L's price experiences larger fluctuations and is considered to be riskier than CSY8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TNOW.L | CSY8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.46% | 4.47% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 16.14% | 11.17% | +4.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.84% | 17.20% | +3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.59% | 21.21% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 21.22% | +0.54% |
TNOW.L vs. CSY8.DE - Expense Ratio Comparison
TNOW.L has a 0.30% expense ratio, which is higher than CSY8.DE's 0.20% expense ratio.
Dividends
TNOW.L vs. CSY8.DE - Dividend Comparison
Neither TNOW.L nor CSY8.DE has paid dividends to shareholders.
Frequently Asked Questions
TNOW.L and CSY8.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSY8.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSY8.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for TNOW.L.
TNOW.L is categorized as Technology Equities, while CSY8.DE is Small Cap Blend Equities. TNOW.L tracks MSCI World/Information Tech NR USD, while CSY8.DE tracks MSCI USA Small Cap ESG Leaders. They also come from different issuers: Amundi and Credit Suisse. Their fees differ too: 0.30% for TNOW.L and 0.20% for CSY8.DE.
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