XNAQ.L vs. AVGO
XNAQ.L (Xtrackers Nasdaq 100 UCITS ETF 1C) is Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while AVGO (Broadcom Inc.) is a stock. Over the past 5 years, XNAQ.L returned 17.97%/yr vs 56.69%/yr for AVGO. At a 0.48 correlation, their price movements are largely independent.
Performance
XNAQ.L vs. AVGO - Performance Comparison
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Different Trading Currencies
XNAQ.L is traded in GBP, while AVGO is traded in USD. To make them comparable, the AVGO values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, XNAQ.L achieves a 17.14% return, which is significantly higher than AVGO's 11.19% return.
XNAQ.L
- 1D
- 2.42%
- 1M
- 0.57%
- YTD
- 17.14%
- 6M
- 17.33%
- 1Y
- 38.43%
- 3Y*
- 23.76%
- 5Y*
- 17.97%
- 10Y*
- —
AVGO
- 1D
- -0.82%
- 1M
- -10.69%
- YTD
- 11.19%
- 6M
- 6.31%
- 1Y
- 56.80%
- 3Y*
- 63.80%
- 5Y*
- 56.69%
- 10Y*
- 41.68%
XNAQ.L vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C | 17.14% | 11.72% | 28.64% | 47.82% | -25.44% | -8.88% |
AVGO Broadcom Inc. | 11.19% | 39.90% | 114.17% | 93.98% | -2.96% | 49.67% |
Correlation
The correlation between XNAQ.L and AVGO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2021 | 0.48 |
The correlation between XNAQ.L and AVGO has been stable across timeframes, ranging from 0.48 to 0.52 - a consistent structural relationship.
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Return for Risk
XNAQ.L vs. AVGO — Risk / Return Rank
XNAQ.L
AVGO
XNAQ.L vs. AVGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) and Broadcom Inc. (AVGO). 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.
| XNAQ.L | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.23 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 1.92 | +1.48 |
| Martin ratioReturn relative to average drawdown | 9.85 | 4.25 | +5.60 |
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Drawdowns
XNAQ.L vs. AVGO - Drawdown Comparison
The maximum XNAQ.L drawdown since its inception was -34.26%, smaller than the maximum AVGO drawdown of -42.16%. Use the drawdown chart below to compare losses from any high point for XNAQ.L and AVGO.
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Drawdown Indicators
| XNAQ.L | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.26% | -42.16% | +7.90% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -27.60% | +16.61% |
Max Drawdown (3Y)Largest decline over 3 years | -24.55% | -42.09% | +17.54% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -42.09% | +14.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.16% | — |
Current DrawdownCurrent decline from peak | -2.90% | -20.30% | +17.40% |
Average DrawdownAverage peak-to-trough decline | -13.67% | -7.46% | -6.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 12.46% | -8.66% |
Volatility
XNAQ.L vs. AVGO - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) is 5.78%, while Broadcom Inc. (AVGO) has a volatility of 20.40%. This indicates that XNAQ.L experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNAQ.L | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.78% | 20.40% | -14.62% |
Volatility (6M)Calculated over the trailing 6-month period | 11.20% | 33.99% | -22.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.32% | 44.73% | -29.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.63% | 42.53% | -18.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.98% | 39.06% | -13.08% |
Dividends
XNAQ.L vs. AVGO - Dividend Comparison
XNAQ.L has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.65% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XNAQ.L and AVGO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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