AKWA.DE vs. IQQQ.DE
AKWA.DE (Global X Clean Water UCITS ETF) and IQQQ.DE (iShares Global Water UCITS ETF) are both Water Equities funds - AKWA.DE tracks the Solactive Global Clean Water Industry while IQQQ.DE tracks the S&P Global Water. Both are passively managed. Over the past 3 years, AKWA.DE returned 7.49%/yr vs 6.09%/yr for IQQQ.DE. Their correlation of 0.89 suggests significant overlap in exposure. AKWA.DE charges 0.50%/yr vs 0.65%/yr for IQQQ.DE.
Performance
AKWA.DE vs. IQQQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AKWA.DE achieves a -0.44% return, which is significantly higher than IQQQ.DE's -0.71% return.
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
IQQQ.DE
- 1D
- -0.44%
- 1M
- -3.72%
- YTD
- -0.71%
- 6M
- -1.42%
- 1Y
- 1.94%
- 3Y*
- 6.09%
- 5Y*
- 5.32%
- 10Y*
- 9.10%
AKWA.DE vs. IQQQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
IQQQ.DE iShares Global Water UCITS ETF | -0.71% | 5.27% | 10.22% | 9.85% | -16.58% | 1.78% |
Correlation
The correlation between AKWA.DE and IQQQ.DE is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.89 |
The correlation between AKWA.DE and IQQQ.DE has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.
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Return for Risk
AKWA.DE vs. IQQQ.DE — Risk / Return Rank
AKWA.DE
IQQQ.DE
AKWA.DE vs. IQQQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AKWA.DE) and iShares Global Water UCITS ETF (IQQQ.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.
| AKWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.03 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 0.19 | -0.24 |
| Martin ratioReturn relative to average drawdown | -0.11 | 0.49 | -0.61 |
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
| AKWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.15 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.36 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.50 | -0.30 |
Drawdowns
AKWA.DE vs. IQQQ.DE - Drawdown Comparison
The maximum AKWA.DE drawdown since its inception was -23.07%, smaller than the maximum IQQQ.DE drawdown of -48.04%. Use the drawdown chart below to compare losses from any high point for AKWA.DE and IQQQ.DE.
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Drawdown Indicators
| AKWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.07% | -48.04% | +24.97% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -8.94% | -0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -19.99% | -17.50% | -2.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.50% | — |
Current DrawdownCurrent decline from peak | -8.54% | -7.97% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -7.76% | +0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 3.51% | +0.61% |
Volatility
AKWA.DE vs. IQQQ.DE - Volatility Comparison
Global X Clean Water UCITS ETF (AKWA.DE) has a higher volatility of 3.85% compared to iShares Global Water UCITS ETF (IQQQ.DE) at 3.43%. This indicates that AKWA.DE's price experiences larger fluctuations and is considered to be riskier than IQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AKWA.DE | IQQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 3.43% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 10.07% | 8.83% | +1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 11.67% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 14.47% | +1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.02% | 15.19% | +0.83% |
AKWA.DE vs. IQQQ.DE - Expense Ratio Comparison
AKWA.DE has a 0.50% expense ratio, which is lower than IQQQ.DE's 0.65% expense ratio.
Dividends
AKWA.DE vs. IQQQ.DE - Dividend Comparison
AKWA.DE has not paid dividends to shareholders, while IQQQ.DE's dividend yield for the trailing twelve months is around 1.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKWA.DE Global X Clean Water UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQQ.DE iShares Global Water UCITS ETF | 1.65% | 1.56% | 1.12% | 1.31% | 1.17% | 1.88% | 1.16% | 1.55% | 2.08% | 1.76% | 1.85% | 1.79% |
Frequently Asked Questions
AKWA.DE and IQQQ.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AKWA.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AKWA.DE is cheaper with a 0.50% expense ratio, compared with 0.65% for IQQQ.DE.
AKWA.DE tracks Solactive Global Clean Water Industry, while IQQQ.DE tracks S&P Global Water. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for AKWA.DE and 0.65% for IQQQ.DE.
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