XDWT.L vs. CNDX.AS
Compare and contrast key facts about Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and iShares NASDAQ 100 UCITS ETF (CNDX.AS).
XDWT.L and CNDX.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDWT.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 9, 2016. CNDX.AS is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010. Both XDWT.L and CNDX.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XDWT.L or CNDX.AS.
Performance
XDWT.L vs. CNDX.AS - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with XDWT.L having a 28.75% return and CNDX.AS slightly higher at 29.04%.
XDWT.L
28.75%
0.85%
13.48%
37.34%
21.86%
N/A
CNDX.AS
29.04%
4.13%
13.73%
34.84%
21.10%
19.28%
Key characteristics
| XDWT.L | CNDX.AS | |
|---|---|---|
| Sharpe Ratio | 1.77 | 1.97 |
| Sortino Ratio | 2.36 | 2.61 |
| Omega Ratio | 1.31 | 1.36 |
| Calmar Ratio | 2.37 | 2.42 |
| Martin Ratio | 8.38 | 8.12 |
| Ulcer Index | 4.39% | 4.05% |
| Daily Std Dev | 20.77% | 16.65% |
| Max Drawdown | -35.99% | -31.21% |
| Current Drawdown | -2.47% | -1.95% |
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XDWT.L vs. CNDX.AS - Expense Ratio Comparison
XDWT.L has a 0.25% expense ratio, which is lower than CNDX.AS's 0.36% expense ratio.
Correlation
The correlation between XDWT.L and CNDX.AS is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
XDWT.L vs. CNDX.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) and iShares NASDAQ 100 UCITS ETF (CNDX.AS). 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.
Dividends
XDWT.L vs. CNDX.AS - Dividend Comparison
Neither XDWT.L nor CNDX.AS has paid dividends to shareholders.
Drawdowns
XDWT.L vs. CNDX.AS - Drawdown Comparison
The maximum XDWT.L drawdown since its inception was -35.99%, which is greater than CNDX.AS's maximum drawdown of -31.21%. Use the drawdown chart below to compare losses from any high point for XDWT.L and CNDX.AS. For additional features, visit the drawdowns tool.
Volatility
XDWT.L vs. CNDX.AS - Volatility Comparison
Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) has a higher volatility of 5.89% compared to iShares NASDAQ 100 UCITS ETF (CNDX.AS) at 5.18%. This indicates that XDWT.L's price experiences larger fluctuations and is considered to be riskier than CNDX.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.