ATT.L vs. EQQQ.L
Compare and contrast key facts about Allianz Technology Trust plc (ATT.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).
EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATT.L or EQQQ.L.
Key characteristics
| ATT.L | EQQQ.L | |
|---|---|---|
| YTD Return | 20.26% | 17.29% |
| 1Y Return | 39.05% | 27.46% |
| 3Y Return (Ann) | 1.07% | 8.89% |
| 5Y Return (Ann) | 17.98% | 19.72% |
| 10Y Return (Ann) | 20.81% | 20.06% |
| Sharpe Ratio | 1.17 | 1.63 |
| Sortino Ratio | 1.72 | 2.23 |
| Omega Ratio | 1.24 | 1.30 |
| Calmar Ratio | 1.30 | 2.06 |
| Martin Ratio | 4.11 | 6.23 |
| Ulcer Index | 8.88% | 4.04% |
| Daily Std Dev | 31.01% | 15.49% |
| Max Drawdown | -45.95% | -33.75% |
| Current Drawdown | -11.08% | -3.04% |
Correlation
The correlation between ATT.L and EQQQ.L is 0.68, 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
ATT.L vs. EQQQ.L - Performance Comparison
In the year-to-date period, ATT.L achieves a 20.26% return, which is significantly higher than EQQQ.L's 17.29% return. Both investments have delivered pretty close results over the past 10 years, with ATT.L having a 20.81% annualized return and EQQQ.L not far behind at 20.06%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ATT.L vs. EQQQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz Technology Trust plc (ATT.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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
ATT.L vs. EQQQ.L - Dividend Comparison
ATT.L has not paid dividends to shareholders, while EQQQ.L's dividend yield for the trailing twelve months is around 0.41%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATT.L Allianz Technology Trust plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.41% | 0.39% | 0.56% | 0.25% | 0.41% | 0.56% | 0.63% | 0.67% | 0.77% | 0.72% | 1.01% | 0.95% |
Drawdowns
ATT.L vs. EQQQ.L - Drawdown Comparison
The maximum ATT.L drawdown since its inception was -45.95%, which is greater than EQQQ.L's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for ATT.L and EQQQ.L. For additional features, visit the drawdowns tool.
Volatility
ATT.L vs. EQQQ.L - Volatility Comparison
Allianz Technology Trust plc (ATT.L) has a higher volatility of 6.37% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 3.69%. This indicates that ATT.L's price experiences larger fluctuations and is considered to be riskier than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.