PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XNAS.L vs. NASL.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XNAS.L vs. NASL.L

Last updated Apr 1, 2026

Compare and contrast key facts about Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) and Lyxor UCITS Nasdaq-100 D-EUR (NASL.L).

XNAS.L and NASL.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNAS.L is a passively managed fund by Xtrackers that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 21, 2021. NASL.L is a passively managed fund by Amundi that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Jan 17, 2019. Both XNAS.L and NASL.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XNAS.L vs. NASL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) and Lyxor UCITS Nasdaq-100 D-EUR (NASL.L). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

XNAS.L vs. NASL.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
XNAS.L
Xtrackers NASDAQ 100 UCITS ETF		-8.15%19.83%26.60%56.41%-1.82%
NASL.L
Lyxor UCITS Nasdaq-100 D-EUR		-8.02%20.14%26.63%55.75%-2.23%
Different Trading Currencies

XNAS.L is traded in USD, while NASL.L is traded in GBp. To make them comparable, the NASL.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with XNAS.L having a -8.15% return and NASL.L slightly higher at -8.02%.

XNAS.L

1D
0.50%
1M
-6.35%
YTD
-8.15%
6M
-4.86%
1Y
23.10%
3Y*
21.86%
5Y*
—
10Y*
—

NASL.L

1D
0.96%
1M
-6.38%
YTD
-8.02%
6M
-5.03%
1Y
23.43%
3Y*
22.13%
5Y*
12.52%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers NASDAQ 100 UCITS ETF

Lyxor UCITS Nasdaq-100 D-EUR

Often compared with XNAS.L:
XNAS.L vs. CNDX.LXNAS.L vs. SXRV.DEXNAS.L vs. QQQMXNAS.L vs. EQQQ.LXNAS.L vs. CSNDX.MIXNAS.L vs. NUCG.LXNAS.L vs. JEPG.L
Often compared with NASL.L:
NASL.L vs. LQQ.PANASL.L vs. VEUA.LNASL.L vs. VEUR.LNASL.L vs. IUSA.DENASL.L vs. I500.LNASL.L vs. XDEV.LNASL.L vs. UC96.L

XNAS.L vs. NASL.L - Expense Ratio Comparison

XNAS.L has a 0.20% expense ratio, which is lower than NASL.L's 0.30% expense ratio.

NASL.L
Lyxor UCITS Nasdaq-100 D-EUR
XNAS.L
Xtrackers NASDAQ 100 UCITS ETF

Return for Risk

XNAS.L vs. NASL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XNAS.L
XNAS.L Risk / Return Rank: 6969
Overall Rank
XNAS.L Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
XNAS.L Sortino Ratio Rank: 7171
Sortino Ratio Rank
XNAS.L Omega Ratio Rank: 6666
Omega Ratio Rank
XNAS.L Calmar Ratio Rank: 7373
Calmar Ratio Rank
XNAS.L Martin Ratio Rank: 6868
Martin Ratio Rank
NASL.L
NASL.L Risk / Return Rank: 6060
Overall Rank
NASL.L Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
NASL.L Sortino Ratio Rank: 6363
Sortino Ratio Rank
NASL.L Omega Ratio Rank: 5959
Omega Ratio Rank
NASL.L Calmar Ratio Rank: 6666
Calmar Ratio Rank
NASL.L Martin Ratio Rank: 4848
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XNAS.L vs. NASL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) and Lyxor UCITS Nasdaq-100 D-EUR (NASL.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.

XNAS.LNASL.LDifference

Sharpe ratio

Return per unit of total volatility

1.17

1.19

-0.02

Sortino ratio

Return per unit of downside risk

1.73

1.75

-0.02

Omega ratio

Gain probability vs. loss probability

1.23

1.23

0.00

Calmar ratio

Return relative to maximum drawdown

1.82

1.63

+0.19

Martin ratio

Return relative to average drawdown

6.61

6.29

+0.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XNAS.L vs. NASL.L - Sharpe Ratio Comparison

The current XNAS.L Sharpe Ratio is 1.17, which is comparable to the NASL.L Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of XNAS.L and NASL.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

XNAS.LNASL.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.17

1.19

-0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.61

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.27

0.82

+0.45

Correlation

The correlation between XNAS.L and NASL.L is 0.93, 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.

Dividends

XNAS.L vs. NASL.L - Dividend Comparison

Neither XNAS.L nor NASL.L has paid dividends to shareholders.

TTM20252024202320222021202020192018
XNAS.L
Xtrackers NASDAQ 100 UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NASL.L
Lyxor UCITS Nasdaq-100 D-EUR		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.69%0.68%

Drawdowns

XNAS.L vs. NASL.L - Drawdown Comparison

The maximum XNAS.L drawdown since its inception was -22.92%, smaller than the maximum NASL.L drawdown of -35.11%. Use the drawdown chart below to compare losses from any high point for XNAS.L and NASL.L.

Loading graphics...

Drawdown Indicators

XNAS.LNASL.LDifference

Max Drawdown

Largest peak-to-trough decline

-22.92%

-27.49%

+4.57%

Max Drawdown (1Y)

Largest decline over 1 year

-12.62%

-11.08%

-1.54%

Max Drawdown (5Y)

Largest decline over 5 years

—

-27.49%

—

Current Drawdown

Current decline from peak

-10.47%

-10.47%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.11%

-6.24%

+3.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.01%

4.06%

-1.05%

Volatility

XNAS.L vs. NASL.L - Volatility Comparison

Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) has a higher volatility of 4.93% compared to Lyxor UCITS Nasdaq-100 D-EUR (NASL.L) at 4.65%. This indicates that XNAS.L's price experiences larger fluctuations and is considered to be riskier than NASL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

XNAS.LNASL.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.93%

4.65%

+0.28%

Volatility (6M)

Calculated over the trailing 6-month period

11.46%

11.65%

-0.19%

Volatility (1Y)

Calculated over the trailing 1-year period

19.63%

19.60%

+0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.35%

20.41%

-1.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.35%

20.97%

-1.62%