ZBH vs. CNDX.L
Compare and contrast key facts about Zimmer Biomet Holdings, Inc. (ZBH) and iShares NASDAQ 100 UCITS ETF (CNDX.L).
CNDX.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZBH or CNDX.L.
Performance
ZBH vs. CNDX.L - Performance Comparison
Returns By Period
In the year-to-date period, ZBH achieves a -6.54% return, which is significantly lower than CNDX.L's 22.35% return. Over the past 10 years, ZBH has underperformed CNDX.L with an annualized return of 1.34%, while CNDX.L has yielded a comparatively higher 17.78% annualized return.
ZBH
-6.54%
6.31%
-4.64%
2.05%
-3.23%
1.34%
CNDX.L
22.35%
1.37%
10.60%
30.97%
20.37%
17.78%
Key characteristics
| ZBH | CNDX.L | |
|---|---|---|
| Sharpe Ratio | 0.10 | 1.83 |
| Sortino Ratio | 0.28 | 2.49 |
| Omega Ratio | 1.04 | 1.34 |
| Calmar Ratio | 0.05 | 2.45 |
| Martin Ratio | 0.17 | 8.59 |
| Ulcer Index | 13.06% | 3.51% |
| Daily Std Dev | 21.03% | 16.43% |
| Max Drawdown | -65.03% | -35.17% |
| Current Drawdown | -32.97% | -2.28% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between ZBH and CNDX.L is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
ZBH vs. CNDX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zimmer Biomet Holdings, Inc. (ZBH) and iShares NASDAQ 100 UCITS ETF (CNDX.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.
Dividends
ZBH vs. CNDX.L - Dividend Comparison
ZBH's dividend yield for the trailing twelve months is around 0.85%, more than CNDX.L's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZBH Zimmer Biomet Holdings, Inc. | 0.85% | 0.79% | 0.75% | 0.76% | 0.62% | 0.64% | 0.93% | 0.80% | 0.93% | 0.86% | 0.78% | 0.86% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.02% | 0.05% | 0.06% | 0.03% | 0.04% | 0.07% | 0.06% | 0.30% | 0.16% | 0.16% | 0.19% | 0.16% |
Drawdowns
ZBH vs. CNDX.L - Drawdown Comparison
The maximum ZBH drawdown since its inception was -65.03%, which is greater than CNDX.L's maximum drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for ZBH and CNDX.L. For additional features, visit the drawdowns tool.
Volatility
ZBH vs. CNDX.L - Volatility Comparison
Zimmer Biomet Holdings, Inc. (ZBH) has a higher volatility of 8.04% compared to iShares NASDAQ 100 UCITS ETF (CNDX.L) at 5.44%. This indicates that ZBH's price experiences larger fluctuations and is considered to be riskier than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.