XNAQ.L vs. XSTR.L
XNAQ.L (Xtrackers Nasdaq 100 UCITS ETF 1C) and XSTR.L (Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D) are both exchange-traded funds - XNAQ.L is a Nasdaq-100 fund tracking the Russell 1000 Growth TR USD, while XSTR.L is a Money Market fund actively managed by Xtrackers. XNAQ.L is passively managed, while XSTR.L is actively managed. Over the past 5 years, XNAQ.L returned 18.96%/yr vs 3.33%/yr for XSTR.L. At a correlation of -0.00, they often move in opposite directions. XNAQ.L charges 0.20%/yr vs 0.10%/yr for XSTR.L.
Performance
XNAQ.L vs. XSTR.L - Performance Comparison
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Different Trading Currencies
XNAQ.L is traded in GBP, while XSTR.L is traded in GBp. To make them comparable, the XSTR.L 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 19.89% return, which is significantly higher than XSTR.L's 1.57% return.
XNAQ.L
- 1D
- -0.63%
- 1M
- 8.16%
- YTD
- 19.89%
- 6M
- 17.66%
- 1Y
- 41.02%
- 3Y*
- 24.81%
- 5Y*
- 18.96%
- 10Y*
- —
XSTR.L
- 1D
- 0.04%
- 1M
- 0.30%
- YTD
- 1.57%
- 6M
- 1.82%
- 1Y
- 3.87%
- 3Y*
- 4.61%
- 5Y*
- 3.33%
- 10Y*
- 1.76%
XNAQ.L vs. XSTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C | 19.89% | 11.71% | 28.62% | 47.83% | -25.44% | 26.22% |
XSTR.L Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 1.57% | 4.20% | 5.14% | 4.57% | 1.25% | -0.07% |
Correlation
The correlation between XNAQ.L and XSTR.L is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021 | -0.00 |
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Return for Risk
XNAQ.L vs. XSTR.L — Risk / Return Rank
XNAQ.L
XSTR.L
XNAQ.L vs. XSTR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) and Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D (XSTR.L). 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.
| XNAQ.L | XSTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.80 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 4.04 | -0.25 |
| Martin ratioReturn relative to average drawdown | 11.13 | 32.32 | -21.20 |
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
| XNAQ.L | XSTR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.83 | 1.87 | +0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 3.58 | -2.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | -0.10 | +1.02 |
Drawdowns
XNAQ.L vs. XSTR.L - Drawdown Comparison
The maximum XNAQ.L drawdown since its inception was -27.52%, which is greater than XSTR.L's maximum drawdown of -23.56%. Use the drawdown chart below to compare losses from any high point for XNAQ.L and XSTR.L.
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Drawdown Indicators
| XNAQ.L | XSTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.52% | -23.56% | -3.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -0.97% | -10.02% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -0.97% | -23.59% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -0.97% | -26.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -1.60% | — |
Current DrawdownCurrent decline from peak | -0.63% | -7.85% | +7.22% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -20.17% | +13.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 0.12% | +3.63% |
Volatility
XNAQ.L vs. XSTR.L - Volatility Comparison
Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) has a higher volatility of 4.18% compared to Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D (XSTR.L) at 0.13%. This indicates that XNAQ.L's price experiences larger fluctuations and is considered to be riskier than XSTR.L 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 | XSTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 0.13% | +4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 2.02% | +8.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.73% | 2.09% | +12.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.04% | 1.02% | +18.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 0.99% | +18.14% |
XNAQ.L vs. XSTR.L - Expense Ratio Comparison
XNAQ.L has a 0.20% expense ratio, which is higher than XSTR.L's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XNAQ.L vs. XSTR.L - Dividend Comparison
XNAQ.L has not paid dividends to shareholders, while XSTR.L's dividend yield for the trailing twelve months is around 4.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XSTR.L Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 4.15% | 4.61% | 5.06% | 4.05% | 0.33% | 0.02% | 0.56% | 0.97% | 0.61% | 0.19% | 1.19% | 0.78% |
Frequently Asked Questions
XNAQ.L and XSTR.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSTR.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSTR.L is cheaper with a 0.10% expense ratio, compared with 0.20% for XNAQ.L.
XNAQ.L is categorized as Nasdaq-100, while XSTR.L is Money Market. Their fees differ too: 0.20% for XNAQ.L and 0.10% for XSTR.L.
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