AMEE.DE vs. EQQQ.DE
Compare and contrast key facts about Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE).
AMEE.DE and EQQQ.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMEE.DE is a passively managed fund by Amundi that tracks the performance of the Bloomberg Hydrogen ESG. It was launched on Sep 28, 2010. EQQQ.DE is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both AMEE.DE and EQQQ.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMEE.DE or EQQQ.DE.
Correlation
The correlation between AMEE.DE and EQQQ.DE is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMEE.DE vs. EQQQ.DE - Performance Comparison
Key characteristics
AMEE.DE:
1.42
EQQQ.DE:
2.12
AMEE.DE:
2.02
EQQQ.DE:
2.78
AMEE.DE:
1.25
EQQQ.DE:
1.40
AMEE.DE:
1.97
EQQQ.DE:
2.67
AMEE.DE:
5.89
EQQQ.DE:
8.83
AMEE.DE:
3.00%
EQQQ.DE:
4.06%
AMEE.DE:
12.50%
EQQQ.DE:
16.95%
AMEE.DE:
-59.14%
EQQQ.DE:
-47.03%
AMEE.DE:
-4.88%
EQQQ.DE:
-3.10%
Returns By Period
In the year-to-date period, AMEE.DE achieves a 15.56% return, which is significantly lower than EQQQ.DE's 33.67% return. Over the past 10 years, AMEE.DE has underperformed EQQQ.DE with an annualized return of 8.63%, while EQQQ.DE has yielded a comparatively higher 19.74% annualized return.
AMEE.DE
15.56%
-4.53%
8.22%
15.56%
10.12%
8.63%
EQQQ.DE
33.67%
2.74%
10.97%
33.67%
21.27%
19.74%
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AMEE.DE vs. EQQQ.DE - Expense Ratio Comparison
AMEE.DE has a 0.45% expense ratio, which is higher than EQQQ.DE's 0.30% expense ratio.
Risk-Adjusted Performance
AMEE.DE vs. EQQQ.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.
Dividends
AMEE.DE vs. EQQQ.DE - Dividend Comparison
AMEE.DE has not paid dividends to shareholders, while EQQQ.DE's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMEE.DE Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.37% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% | 0.97% |
Drawdowns
AMEE.DE vs. EQQQ.DE - Drawdown Comparison
The maximum AMEE.DE drawdown since its inception was -59.14%, which is greater than EQQQ.DE's maximum drawdown of -47.03%. Use the drawdown chart below to compare losses from any high point for AMEE.DE and EQQQ.DE. For additional features, visit the drawdowns tool.
Volatility
AMEE.DE vs. EQQQ.DE - Volatility Comparison
The current volatility for Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) is 3.15%, while Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) has a volatility of 4.25%. This indicates that AMEE.DE experiences smaller price fluctuations and is considered to be less risky than EQQQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.