XNAS.DE vs. NQSE.DE
XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both Nasdaq-100 funds - XNAS.DE tracks the Nasdaq 100® while NQSE.DE tracks the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, XNAS.DE returned 18.79%/yr vs 14.91%/yr for NQSE.DE. Their correlation of 0.92 suggests significant overlap in exposure. XNAS.DE charges 0.20%/yr vs 0.33%/yr for NQSE.DE.
Performance
XNAS.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNAS.DE achieves a 20.53% return, which is significantly higher than NQSE.DE's 17.82% return.
XNAS.DE
- 1D
- -0.83%
- 1M
- 9.23%
- YTD
- 20.53%
- 6M
- 19.39%
- 1Y
- 37.85%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
NQSE.DE
- 1D
- -0.77%
- 1M
- 8.32%
- YTD
- 17.82%
- 6M
- 17.54%
- 1Y
- 36.74%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
XNAS.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 51.36% | -29.99% | 33.56% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 23.90% |
Correlation
The correlation between XNAS.DE and NQSE.DE is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2021 | 0.92 |
The correlation between XNAS.DE and NQSE.DE has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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Return for Risk
XNAS.DE vs. NQSE.DE — Risk / Return Rank
XNAS.DE
NQSE.DE
XNAS.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.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.
| XNAS.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 3.08 | +0.69 |
| Martin ratioReturn relative to average drawdown | 11.16 | 10.77 | +0.40 |
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
| XNAS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.28 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.71 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.82 | +0.09 |
Drawdowns
XNAS.DE vs. NQSE.DE - Drawdown Comparison
The maximum XNAS.DE drawdown since its inception was -31.25%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for XNAS.DE and NQSE.DE.
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Drawdown Indicators
| XNAS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.25% | -37.67% | +6.42% |
Max Drawdown (1Y)Largest decline over 1 year | -10.00% | -11.87% | +1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -22.40% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -31.25% | -37.67% | +6.42% |
Current DrawdownCurrent decline from peak | -0.83% | -0.84% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -8.56% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 3.40% | -0.02% |
Volatility
XNAS.DE vs. NQSE.DE - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) is 4.31%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that XNAS.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
| XNAS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 4.75% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 10.91% | 11.99% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.71% | 16.05% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.88% | 20.91% | -1.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.84% | 21.54% | -1.70% |
XNAS.DE vs. NQSE.DE - Expense Ratio Comparison
XNAS.DE has a 0.20% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
XNAS.DE vs. NQSE.DE - Dividend Comparison
Neither XNAS.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.90, XNAS.DE and NQSE.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XNAS.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNAS.DE is cheaper with a 0.20% expense ratio, compared with 0.33% for NQSE.DE.
XNAS.DE tracks Nasdaq 100®, while NQSE.DE tracks NASDAQ-100 Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XNAS.DE and 0.33% for NQSE.DE.
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