CNX1 vs VHYL: 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 pounds — what you'd actually pocket buying on the London Stock Exchange. Fund fact sheets usually headline returns in US dollars, which can look very different in years when the pound moves against the dollar. Here's the full story, year by year.

CNX1 tracks the Nasdaq-100 IndexVHYL tracks the FTSE All-World High Dividend Yield Index

What did the last 10 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.

CNX1 turned it into
£63,451
+20.29% per year on average · 20162025
VHYL turned it into
£26,537
+10.25% per year on average · 20162025
Difference
+£36,914
CNX1 made more of the same money

CNX1 vs VHYL, 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
14
where both funds were trading
CNX1 won
11
years
VHYL won
3
years
YearCNX1VHYLWinner
2026 (so far)+20.13%+12.85%CNX1
2025+11.83%+18.22%VHYL
2024+28.51%+11.23%CNX1
2023+47.71%+5.26%CNX1
2022-25.53%+5.95%VHYL
2021+29.50%+19.24%CNX1
2020+43.24%-3.74%CNX1
2019+33.63%+17.00%CNX1
2018+4.62%-6.59%CNX1
2017+20.13%+8.80%CNX1
2016+28.85%+32.59%VHYL
2015+14.71%-0.71%CNX1
2014+28.19%+8.22%CNX1
2013+36.05%-1.85%CNX1
2012+9.20%
2011+3.56%
2010-20.33%

CNX1 vs VHYL in plain words

CNX1 tracks the Nasdaq-100 Index while VHYL follows the FTSE All-World High Dividend Yield Index, so they own different slices of the market and their years can look very different. CNX1 charges 0.30% a year in running costs and VHYL charges 0.29% — VHYL is the cheaper fund to hold.

CNX1 reinvests its dividends automatically (accumulating), while VHYL pays them out as cash (distributing). Across the 14 calendar years both funds were trading, CNX1 finished the year ahead 11 times and VHYL 3 times. £10,000 invested at the start of 2016 was worth £63,451 in CNX1 versus £26,537 in VHYL by the end of 2025, dividends reinvested.

CNDX is the London (USD) listing and SXRV the Xetra (EUR) line of the same fund, ISIN IE00B53SZB19 — CNX1 is its GBP line on the London Stock Exchange.

VGWD is the Xetra (EUR) line of the same fund, ISIN IE00B8GKDB10 — VHYL is its GBP line on the London Stock Exchange.

Fund facts: CNX1 vs VHYL

FactCNX1VHYL
FundiShares Nasdaq 100 UCITS ETF (Acc)Vanguard FTSE All-World High Dividend Yield UCITS ETF (Dist)
TracksNasdaq-100 IndexFTSE All-World High Dividend Yield Index
Yearly cost (TER)0.30%0.29%
DividendsAccumulating — dividends reinvestedDistributing — dividends paid out
Launched26 Jan 201021 May 2013
ISINIE00B53SZB19IE00B8GKDB10

Frequently asked

Is CNX1 or VHYL better?

Across the 14 calendar years both funds were trading, CNX1 finished the year ahead 11 times and VHYL 3 times. £10,000 invested at the start of 2016 was worth £63,451 in CNX1 versus £26,537 in VHYL 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 CNX1 and VHYL?

CNX1 tracks the Nasdaq-100 Index while VHYL follows the FTSE All-World High Dividend Yield Index, so they own different slices of the market and their years can look very different. CNX1 charges 0.30% a year in running costs and VHYL charges 0.29% — VHYL is the cheaper fund to hold. CNX1 reinvests its dividends automatically (accumulating), while VHYL pays them out as cash (distributing).

What would £10,000 in CNX1 have become?

£10,000 invested in CNX1 at the start of 2016 grew to £63,451 by the end of 2025, with dividends reinvested — an average of 20.3% per year.

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