VWCE.DE vs. NQSE.DE
VWCE.DE (Vanguard FTSE All-World UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - VWCE.DE is a Global Equities fund tracking the FTSE All-World Index, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, VWCE.DE returned 11.89%/yr vs 14.04%/yr for NQSE.DE. Their correlation of 0.82 suggests significant overlap in exposure. VWCE.DE charges 0.19%/yr vs 0.33%/yr for NQSE.DE.
Performance
VWCE.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VWCE.DE achieves a 11.72% return, which is significantly lower than NQSE.DE's 15.12% return.
VWCE.DE
- 1D
- 1.82%
- 1M
- 1.89%
- YTD
- 11.72%
- 6M
- 13.39%
- 1Y
- 26.35%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- —
NQSE.DE
- 1D
- 3.16%
- 1M
- 1.35%
- YTD
- 15.12%
- 6M
- 16.84%
- 1Y
- 33.33%
- 3Y*
- 23.70%
- 5Y*
- 14.04%
- 10Y*
- —
VWCE.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 5.36% | 7.08% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 15.12% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 8.76% |
Correlation
The correlation between VWCE.DE and NQSE.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.82 |
The correlation between VWCE.DE and NQSE.DE has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
VWCE.DE vs. NQSE.DE — Risk / Return Rank
VWCE.DE
NQSE.DE
VWCE.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF (VWCE.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.
| VWCE.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.34 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 2.73 | +1.18 |
| Martin ratioReturn relative to average drawdown | 16.07 | 9.34 | +6.74 |
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Drawdowns
VWCE.DE vs. NQSE.DE - Drawdown Comparison
The maximum VWCE.DE drawdown since its inception was -33.43%, smaller than the maximum NQSE.DE drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for VWCE.DE and NQSE.DE.
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Drawdown Indicators
| VWCE.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.43% | -37.62% | +4.19% |
Max Drawdown (1Y)Largest decline over 1 year | -6.55% | -11.88% | +5.33% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -22.41% | +1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | -37.62% | +16.55% |
Current DrawdownCurrent decline from peak | -1.47% | -3.08% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -8.55% | +3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 3.49% | -1.89% |
Volatility
VWCE.DE vs. NQSE.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World UCITS ETF (VWCE.DE) is 3.40%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 6.10%. This indicates that VWCE.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.
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Volatility by Period
| VWCE.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 6.10% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | 12.93% | -4.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.63% | 16.74% | -5.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.79% | 21.02% | -7.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 21.60% | -5.44% |
VWCE.DE vs. NQSE.DE - Expense Ratio Comparison
VWCE.DE has a 0.19% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
VWCE.DE vs. NQSE.DE - Dividend Comparison
Neither VWCE.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
VWCE.DE and NQSE.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.33% for NQSE.DE.
VWCE.DE is categorized as Global Equities, while NQSE.DE is Nasdaq-100. VWCE.DE tracks FTSE All-World Index, while NQSE.DE tracks NASDAQ-100 Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.19% for VWCE.DE and 0.33% for NQSE.DE.
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