VUAA vs SXRV (CNDX): which ETF won each year?

Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

VUAA tracks the S&P 500 IndexSXRV tracks the Nasdaq-100 Index

What did the last 5 years do to €10,000?

You invest €10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted. Both funds are measured over the same 5 full years (2021–2025) — the longest stretch both were trading.

VUAA turned it into
€20,655
+15.61% per year on average · 20212025
SXRV turned it into
€21,015
+16.01% per year on average · 20212025
Difference
−€360
SXRV made more of the same money

VUAA vs SXRV, year by year

Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.

Years compared
6
where both funds were trading
VUAA won
3
years
SXRV won
3
years
YearVUAASXRVWinner
2026 (so far)+12.01%+21.95%SXRV
2025+4.28%+6.79%SXRV
2024+33.65%+33.55%VUAA
2023+22.10%+51.19%SXRV
2022-14.58%-30.05%VUAA
2021+42.09%+39.34%VUAA
2020+34.48%
2019+42.90%
2018+3.03%
2017+15.81%
2016+9.96%
2015+21.87%
2014+37.26%
2013+32.30%
2012+13.01%
2011+5.73%
2010-9.35%

VUAA vs SXRV in plain words

VUAA tracks the S&P 500 Index while SXRV follows the Nasdaq-100 Index, so they own different slices of the market and their years can look very different. VUAA charges 0.07% a year in running costs and SXRV charges 0.30% — VUAA is the cheaper fund to hold.

Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout. Across the 6 calendar years both funds were trading, VUAA finished the year ahead 3 times and SXRV 3 times. €10,000 invested at the start of 2021 was worth €20,655 in VUAA versus €21,015 in SXRV by the end of 2025, dividends reinvested.

VUAA also trades in USD on the London Stock Exchange, where VUAG is its GBP line, ISIN IE00BFMXXD54 — VUSA is its distributing sibling. This page follows the EUR line.

CNDX is the London/Amsterdam listing of the same fund, ISIN IE00B53SZB19 — SXRV is its EUR line on Xetra.

Fund facts: VUAA vs SXRV

FactVUAASXRV
FundVanguard S&P 500 UCITS ETF (Acc)iShares Nasdaq 100 UCITS ETF (Acc)
TracksS&P 500 IndexNasdaq-100 Index
Yearly cost (TER)0.07%0.30%
DividendsAccumulating — dividends reinvestedAccumulating — dividends reinvested
Launched14 May 201926 Jan 2010
ISINIE00BFMXXD54IE00B53SZB19
WKNA2PFN2A0YEDL
Also trades asCNDX

Frequently asked

Is VUAA or SXRV better?

Across the 6 calendar years both funds were trading, VUAA finished the year ahead 3 times and SXRV 3 times. €10,000 invested at the start of 2021 was worth €20,655 in VUAA versus €21,015 in SXRV by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.

What is the difference between VUAA and SXRV?

VUAA tracks the S&P 500 Index while SXRV follows the Nasdaq-100 Index, so they own different slices of the market and their years can look very different. VUAA charges 0.07% a year in running costs and SXRV charges 0.30% — VUAA is the cheaper fund to hold. Both are accumulating funds: dividends are reinvested inside the fund and show up as a higher share price, never as a payout.

What would €10,000 in VUAA have become?

€10,000 invested in VUAA at the start of 2021 grew to €20,655 by the end of 2025, with dividends reinvested — an average of 15.6% per year.

Is CNDX the same as SXRV?

CNDX is the London/Amsterdam listing of the same fund, ISIN IE00B53SZB19 — SXRV is its EUR line on Xetra.

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